NOT LISTED FOR SALE

11 Acre Ln Palmyra, VA 22963

Estimated Value: $578,000 - $722,000

5 Beds
3.5 Baths
4,067 Sq Ft
$157/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $410,000 $101 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,840/month

56 Days on Market

Highlights

  • Beach
  • Community Boat Launch
  • 24-Hour Security
  • Golf Course Community
  • Bar or Lounge
  • Newspaper Service

About This Home

As of March 2021

This Inviting Cape Cod was Custom Built with Pride by Southern Homes for current owners. Special touches throughout like the 1st level owner's suite w/attached luxurious bath, separate shower, 2 walk in closets & a private study. First level laundry & walk in pantry. Great room w/soaring ceilings, stone fireplace, skylights, formal Dining Rm., Butler's pantry, eat in kitchen w/center island, breakfast nook. 2nd level w/2 additional bedrooms, full bath, balcony & storage area. Walk out terrace level w/2 more bedrooms, full bath, family rm. + utility room. This home is situated on a private, acre lot, w/attached 2 car garage on grade, 219' sq. ft. screened porch, 34' deck, storage shed, 50 amp electric service + parking pad for RV.

Last Agent to Sell the Property

Vicki Wilson

MONTICELLO COUNTRY REAL ESTATE, INC. License #0225050937 Listed on: 01/01/2021

Last Buyer's Agent

Keith Smith

YES REALTY PARTNERS License #0225194856

Home Details

Home Type

  • Single Family

Year Built

  • 2003

Lot Details

  • 1 Acre Lot
  • Landscaped
  • Secluded Lot
  • Property is zoned R-4 Residential Planned Community

HOA Fees

  • $94 Monthly HOA Fees

Home Design

  • Concrete Block With Brick
  • HardiePlank Siding

Interior Spaces

  • 1.5-Story Property
  • Vaulted Ceiling
  • Skylights
  • Multiple Fireplaces
  • Gas Log Fireplace
  • Insulated Windows
  • Transom Windows
  • Entrance Foyer
  • Great Room with Fireplace
  • Family Room
  • Dining Room
  • Library
  • Utility Room
  • Walkup Attic
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Butlers Pantry
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Primary bathroom on main floor
  • Double Vanity
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Windows

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Storage Shed
  • Playground

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Propane
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 11A 6

Community Details

Overview

  • Association fees include area maint, beach, master ins. policy, play area, prof. mgmt., road maint, reserve fund, security force, snow removal, trash pickup
  • $650 HOA Transfer Fee
  • Built by Southern Home Builders
  • Community Lake

Amenities

  • Newspaper Service
  • Picnic Area
  • Clubhouse
  • Meeting Room
  • Community Dining Room
  • Bar or Lounge

Recreation

  • Community Boat Launch
  • Beach
  • Golf Course Community
  • Tennis Courts
  • Baseball Field
  • Soccer Field
  • Community Basketball Court
  • Volleyball Courts
  • Community Playground
  • Community Pool
  • Trails

Security

  • 24-Hour Security
  • Gated Community

Home Details

Home Type

Single Family

Year Built

2003

Lot Details

0

HOA Fees

$94 per month

Listing Details

  • Class: Residential
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 2967
  • Below Grade Total Sq Ft: 1928
  • Design: Cape Cod
  • Electricity: Elec Underground
  • L V T Date: 01/01/2021
  • Parcel Number: 11A 6
  • Price Per Sq Ft: 100.81
  • Property Included: Washer/Dryer, Storage Shed
  • Show Bldr Nameto Public: Yes
  • Total Sq Ft: 5519
  • Total Unfinished Sq Ft: 1452
  • Type of Construction: On Site Built
  • Zoning: R-4 Residential Planned Community
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2003

Interior Features

  • Unfinished Below Grade Sq Ft: 828
  • Fireplace: Gas Logs, One
  • Laundry: Dryer, Dryer Hookup, Washer, Washer Hookup
  • Basement Type: Full, Heated, Inside Access, Outside Entrance, Walk Out, Windows
  • Room 1: Foyer, On Level: 1
  • Room 2: Great Room, On Level: 1
  • Room 3: Kitchen, On Level: 1
  • Room 4: Dining Room, On Level: 1
  • Room 5: Master Bedroom, On Level: 1
  • Room 6: Master Bath, On Level: 1
  • Room 7: Study/Library, On Level: 1
  • Room 8: Laundry, On Level: 1
  • Room 9: Half Bath, On Level: 1
  • Room 10: Butler's Pantry, On Level: 1
  • Room 11: Bedroom, On Level: 2
  • Room 12: Bedroom, On Level: 2
  • Room 13: Full Bath, On Level: 2
  • Room 14: Family Room, On Level: Basement
  • Room 15: Bedroom, On Level: Basement
  • Room 16: Bedroom, On Level: Basement
  • Room 17: Full Bath, On Level: Basement
  • Total Finished Sq Ft: 4067
  • Above Grade Finished Sq Ft: 2967
  • Basement: Yes
  • Bathroom: Attach Mstr Bath
  • Below Grade Finished Sq Ft: 1100
  • Fireplace Location: Great Room
  • Foundation: Concrete Block
  • Kitchen Appliances Feat: Breakfast Nook, Dishwasher, Disposal, Eat-In, Electric Range, Island, Microwave, Pantry, Refrigerator
  • Kitchen Cabinets Counters: Wood Cabinets
  • Land Description: Landscaped, Nearly Level, Secluded Lot
  • Level: 1.5 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 3.5
  • Below Grade Bathrooms: 1
  • Number of Main Level Bathrooms: 1.5
  • Number Beds: 5
  • Number Beds Below Grade: 2
  • Number Beds Main Level: 1
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Room 18: Utility Room, On Level: Basement
  • Room Types: Bedroom, Butler's Pantry, Dining Room, Family Room, Foyer, Full Bath, Great Room, Half Bath, Kitchen, Laundry, Master Bedroom, Study/Library, Utility Room
  • Room Types Level1: Butler's Pantry (L1), Dining Room (L1), Foyer (L1), Full Bath (L1), Great Room (L1), Half Bath (L1), Kitchen (L1), Laundry (L1), Master Bedroom (L1), Study/Library (L1)
  • Room Types Level2: Bedroom (L2+), Full Bath (L2+)
  • Room Types Level B: Bedroom (LB), Family Room (LB), Full Bath (LB), Utility Room (LB)
  • Source of Sq Ft: Owner

Exterior Features

  • Homebuilder: Southern Home Builders
  • Exterior: Hardie Plank
  • Number Of Acres: 1
  • Roof: Architectural Style
  • Structure Deck Porch: Deck, Patio, Porch - Front, Porch - Screened
  • Structure Features: Dual Vanities, Skylights, Whirlpool/Jetted Tub, Walk-In Closet, Walk-Up Attic
  • Structure Floors: Carpet, Hardwood, Vinyl
  • Structure Security: 24-Hr Security, Gated Community, Smoke Detector(s)
  • Structure Window Ceiling: Insulated Windows, Tilt Sash Windows, Transom, Vaulted/Cathedral Ceiling
  • Yard: Landscaped

Garage/Parking

  • Garage: Yes
  • Unfinished Above Grade Garage: 624
  • Garage Features: Attached, Auto Door, Electricity, Faces Side, Windows
  • Number of Car Spaces: 2
  • Total Above Grade Garage: 624

Utilities

  • Cooling: Central Ac
  • Heating: Central Heat, Forced Air, Heat Pump, Propane
  • Cable Available: Cable, Dsl
  • Gas: Liquid Propane
  • Security: Deadbolts, Security Force
  • Sewer/Septic System: Community Sewer
  • Water: Community Water

Condo/Co-op/Association

  • HOA/COA Amenities: Bar/Lounge, Basketball Court, Baseball Field, Beach, Boat Launch, Clubhouse, Dining Rooms, Golf, Lake, Meeting Room, Newspaper Svc, Picnic Area, Play Area, Pool, Soccer Field, Tennis, Volleyball, Walk/Run Trails
  • Association Setup Transfer Fee Type: $
  • Association Setup Transfer Fees: 650
  • Association Fee: Hoa
  • Association Frequency: Annual
  • Association Includes: Area Maint, Beach, Master Ins. Policy, Play Area, Prof. Mgmt., Road Maint, Reserve Fund, Security Force, Snow Removal, Trash Pickup
  • Association Fee: 1130

Lot Info

  • Lot Features: Private Gated Community, Private Road, Storage Shed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2021
Closed on
Mar 12, 2021
Sold by
Sprouse Katherine Nesbit and Sprouse Larry
Bought by
Petrylak John Peter and Petrylak Amanda Elizabeth
Seller's Agent
Vicki Wilson
MONTICELLO COUNTRY REAL ESTATE, INC.
Buyer's Agent
Keith Smith
YES REALTY PARTNERS
List Price
$469,900
Sold Price
$410,000
Premium/Discount to List
-$59,900
-12.75%
Current Estimated Value
$638,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,997
Avg. Annual Appreciation
9.64%
Original Mortgage
$328,000
Outstanding Balance
$295,016
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$343,981

Purchase Details

Closed on
Sep 12, 2006
Sold by
Sprouse Katherine Nesbit and Nesbit Katherine Randolph
Bought by
Sprouse Katherine Nesbit and Sprouse Larry
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Petrylak John Peter $410,000 Old Republic National Title
Sprouse Katherine Nesbit -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petrylak John Peter $328,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2021 03/26/21 Sold $410,000 -10.9% $101 / Sq Ft
02/26/2021 02/26/21 Pending -- -- --
02/07/2021 02/07/21 Price Changed $459,900 -2.1% $113 / Sq Ft
01/01/2021 01/01/21 For Sale $469,900 -- $116 / 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 $5,246 $699,500 $33,000 $666,500
2024 $4,384 $519,400 $33,000 $486,400
2023 $4,384 $519,400 $33,000 $486,400
2022 $4,453 $511,800 $30,000 $481,800
2021 $4,453 $511,800 $30,000 $481,800
2020 $4,333 $468,400 $30,000 $438,400
2019 $4,333 $468,400 $30,000 $438,400
2018 $4,052 $446,700 $30,000 $416,700
2017 $4,052 $446,700 $30,000 $416,700
2016 $3,883 $423,400 $30,000 $393,400
2015 $3,604 $423,400 $30,000 $393,400
2014 $3,604 $409,500 $30,000 $379,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 612121

Charlottesville area Association of Realtors®

APN: 18A 11A 6