NOT LISTED FOR SALE

1 Chip Ct Palmyra, VA 22963

Estimated Value: $301,000 - $326,000

3 Beds
2 Baths
1,316 Sq Ft
$238/Sq Ft Est. Value

Last Sold December 28, 2021

Last sale price $245,777 $187 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,884/month

4 Days on Market

Highlights

  • Beach
  • Community Boat Launch
  • Outdoor Pool
  • Golf Course Community
  • Bar or Lounge
  • Community Lake

About This Home

As of December 2021

Beautifully remodeled ranch home, open concept great room, fenced in yard, new roof & heat pump, wonderful neighborhood/cul de sac location near golf, playgrounds, & beach. Home includes wood burning fireplace, vaulted ceilings & skylights, white kitchen with granite & stainless appliances, koi pond, and an underground dog fence (requires a main box). Master bedroom includes a walk in closet and bath has a jetted tub. Landscaped yard with paved driveway. SHOWINGS BEGIN SATURDAY, 11/20

Last Agent to Sell the Property

DEANNIE TANNER

RE/MAX REALTY SPECIALISTS-CHARLOTTESVILLE License #0225217818 Listed on: 11/17/2021

RE/MAX REALTY SPECIALISTS-CHARLOTTESVILLE

Last Buyer's Agent

Junessa Epperly

KW COMMONWEALTH License #225059915

KW COMMONWEALTH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,353

Year Built

  • Built in 1986

Lot Details

  • 0.4 Acre Lot
  • Property has an invisible fence for dogs
  • Partially Fenced Property
  • Landscaped
  • Partially Wooded Lot
  • Property is zoned R-4 Residential

HOA Fees

  • $86 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Concrete Block With Brick
  • Composition Shingle Roof
  • Cedar Siding

Interior Spaces

  • 1,316 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Casement Windows
  • Great Room with Fireplace
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Laminate
  • Porcelain Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Primary bathroom on main floor

Outdoor Features

  • Outdoor Pool
  • Pond
  • Playground

Schools

  • Central Elementary School
  • Fluvanna Middle School
  • Fluvanna High School

Utilities

  • Central Air
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 18A 4 35

Community Details

Overview

  • Association fees include area maint, beach
  • $650 HOA Transfer Fee
  • Lake Monticello Subdivision
  • Community Lake

Amenities

  • Picnic Area
  • Clubhouse
  • Bar or Lounge

Recreation

  • Community Boat Launch
  • Beach
  • Golf Course Community
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,353

Year Built

Built in 1986

Lot Details

0

HOA Fees

$86 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 1316
  • Design: Ranch
  • L V T Date: 11/17/2021
  • Parcel Number: 18A 4 35
  • Price Per Sq Ft: 186.76
  • Property Included: Beautiful Koi pond with colorful fish included, underground dog fence (needs box) and fenced in back yard.
  • Total Sq Ft: 1316
  • Type of Construction: On Site Built
  • Zoning: R-4 Residential
  • Subdivision: LAKE MONTICELLO
  • Comments: Yes
  • Concatenated Rooms1: |Great Room1|Master Bed1|Bedroom1|Bedroom1|
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Wood Burning
  • Laundry: Dryer Hookup, Washer Hookup
  • Room 1: Great Room, 28 x 14.5, On Level: 1
  • Room 2: Master Bedroom, 17.5x12.5, On Level: 1
  • Room 3: Bedroom, 12 x 12, On Level: 1
  • Room 4: Bedroom, 12 x 10, On Level: 1
  • Total Finished Sq Ft: 1316
  • Above Grade Finished Sq Ft: 1316
  • Fireplace Location: Great Room
  • Foundation: Concrete Block
  • Kitchen Appliances Feat: Dishwasher, Disposal, Electric Range, Refrigerator
  • Kitchen Cabinets Counters: Granite, White Cabinets
  • Land Description: Landscaped, Partly Wooded
  • Level: 1 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 2
  • Number Beds: 3
  • Number Beds Main Level: 3
  • Full Bathrooms: 2
  • Room Types: Bedroom, Great Room, Master Bedroom
  • Room Types Level1: Bedroom (L1), Great Room (L1), Master Bedroom (L1)
  • Source of Sq Ft: Public Records

Exterior Features

  • Fence: Invisible, Partially Fenced
  • Exterior: Cedar
  • Number Of Acres: 0.4
  • Pool: Yes
  • Pool: Community
  • Roof: Composition Shingle
  • Structure Deck Porch: Deck, Porch - Front
  • Structure Features: Skylights
  • Structure Floors: Laminate, Porcelain Tile
  • Structure Window Ceiling: 8' Ceilings, Casement Windows
  • Water Property: Pond / Lake
  • Yard: Landscaped

Garage/Parking

  • Driveway: Asphalt

Utilities

  • Cooling: Central AC, Heat Pump
  • Heating: Heat Pump
  • Cable Available: Cable
  • Sewer/Septic System: Community Sewer
  • Water: Community Water

Condo/Co-op/Association

  • HOA/COA Amenities: Bar/Lounge, Beach, Boat Launch, Clubhouse, Golf, Lake, Picnic Area, Play Area, Pool
  • Association Setup Transfer Fee Type: $
  • Association Setup Transfer Fees: 650
  • Association Contact: LAKE MONTICELLO H.O.A.
  • Association Fee: HOA
  • Association Frequency: Annual
  • Association Includes: Area Maint, Beach
  • Association Fee: 1030

Building Info

  • Year Built: 1986

Tax Info

  • Year: 2021
  • Taxes: 1353.4

MLS Schools

  • HighSchool: Fluvanna
  • Middle School: Fluvanna
  • Elementary School: Central (Fluvanna)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2021
Closed on
Dec 7, 2021
Sold by
Byam Devin T and Byam Lindsey T
Bought by
Damron Steven K and Damron Nancy Greenwood
Seller's Agent
DEANNIE TANNER
RE/MAX REALTY SPECIALISTS-CHARLOTTESVILLE
Buyer's Agent
Junessa Epperly
KW COMMONWEALTH
List Price
$239,900
Sold Price
$245,777
Premium/Discount to List
$5,877
2.45%
Current Estimated Value
$312,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,888
Avg. Annual Appreciation
6.17%
Original Mortgage
$241,324
Outstanding Balance
$221,566
Interest Rate
2.98%
Mortgage Type
FHA
Estimated Equity
$91,099

Purchase Details

Closed on
Mar 22, 2017
Sold by
Feild Jane Lewis
Bought by
Byam Devin T and Byam Lindsey T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,616
Interest Rate
4.3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Damron Steven K $245,777 Old Republic National Title
Byam Devin T $169,900 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Damron Steven K $241,324
Previous Owner Byam Devin T $171,616
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2021 12/28/21 Sold $245,777 +2.4% $187 / Sq Ft
11/21/2021 11/21/21 Pending -- -- --
11/17/2021 11/17/21 For Sale $239,900 -- $182 / Sq Ft
Source: Charlottesville area Association of Realtors®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,974 $263,200 $30,000 $233,200
2024 $15 $180,300 $30,000 $150,300
2023 $1,522 $180,300 $30,000 $150,300
2022 $1,332 $153,100 $27,500 $125,600
2021 $1,332 $153,100 $27,500 $125,600
2020 $1,274 $137,700 $27,500 $110,200
2019 $1,274 $137,700 $27,500 $110,200
2018 $1,195 $131,800 $27,500 $104,300
2017 $1,195 $131,800 $27,500 $104,300
2016 $1,179 $128,600 $27,500 $101,100
2015 $1,112 $128,600 $27,500 $101,100
2014 $1,112 $126,400 $27,500 $98,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 624292

Charlottesville area Association of Realtors®

APN: 18A 4 35