NOT LISTED FOR SALE

116 Fox Hollow Ln Palmyra, VA 22963

Estimated Value: $680,156 - $812,000

4 Beds
2.5 Baths
4,283 Sq Ft
$171/Sq Ft Est. Value

Last Sold October 18, 2021

Last sale price $575,000 $134 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,427/month

55 Days on Market

Highlights

  • Home Theater
  • Vaulted Ceiling
  • Hydromassage or Jetted Bathtub
  • Family Room with Fireplace
  • Wood Flooring
  • Sun or Florida Room

About This Home

As of October 2021

One of a kind property with an amazing home theater! The main level boasts a recently updated kitchen with stainless steel appliances, tile backsplash, white cabinets, granite and a live edge wood island. Large family room with gas fireplace and barn doors leading to the sun room. Two attached garages totaling over 1200 sq ft and featuring a built-in vacuum and power washer, storage cabinets, work benches, heating and cooling, commercial washer and dryer, and utility sink with granite surround. Upstairs the spacious master features a large bath with jetted tub, separate shower and walk-in closet. Third floor walk up attic with 630 sq. ft. of storage. Above the garage the owner has added a state of the art home theater and custom game room with a wet bar. The game room features reclaimed wood flooring and walls, a three-tap beer fridge, bar with granite top, custom built bar counter with vintage stools and Coca-Cola barrel and wall mounted tv. The home theater will blow you away - all custom designed with seating for 12. It includes sound proofing, a high def 4K projector, THX certified audio and video components and automated lighting system. Don't miss this opportunity to own a one of a kind home entertainment experience!

Last Agent to Sell the Property

RACHEL BURNS

RE/MAX REALTY SPECIALISTS-CHARLOTTESVILLE License #0225105114 Listed on: 07/01/2021

RE/MAX REALTY SPECIALISTS-CHARLOTTESVILLE

Co-Listed By

Pat Burns

RE/MAX REALTY SPECIALISTS-CHARLOTTESVILLE License #0225110864

Last Buyer's Agent

BURT CORLEY

KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE License #0225251387

KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,092

Year Built

  • Built in 1999

Lot Details

  • 2.07 Acre Lot
  • Partially Fenced Property
  • Landscaped
  • Cleared Lot
  • Garden
  • Property is zoned A-1 Agricultural

Home Design

  • Concrete Block With Brick
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Gas Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Home Theater
  • Sun or Florida Room
  • Crawl Space
  • Walkup Attic
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • ENERGY STAR Qualified Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Wood Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Double Vanity
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer
  • Sink Near Laundry

Parking

  • 4 Car Attached Garage
  • Heated Garage
  • Side Facing Garage
  • Automatic Garage Door Opener

Eco-Friendly Details

  • Green Features

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Well
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • Fox Hollow Subdivision
  • Billiard Room

Listing and Financial Details

  • Assessor Parcel Number 17 20 39

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,092

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 4913
  • Above Grade Unfinished Sq Ft: 630
  • Design: Colonial
  • L V T Date: 07/02/2021
  • Parcel Number: 17 20 39
  • Price Per Sq Ft: 134.25
  • Property Excluded: Safe
  • Property Included: Commercial washer and dryer, all theater equipment, beer refrigerator, stove, dishwasher Negotiable: Refrigerator, upstairs washer and dryer, playset
  • Total Sq Ft: 6161
  • Total Unfinished Sq Ft: 1878
  • Type of Construction: On Site Built
  • Zoning: A-1 Agricultural
  • Subdivision: FOX HOLLOW
  • Comments: Yes
  • Concatenated Rooms1: |Foyer1|Dining Roo1|Living Roo1|Family Roo1|Sun Room1|Kitchen1|Half Bath1|Master Bed2|Master BTH2|Bedroom2|Bedroom2|Full Bath2|Billiard R2|Home Theat2|
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Gas
  • Laundry: Dryer, Dryer Hookup, Large Sink, Washer, Washer Hookup
  • Basement Type: Crawl
  • Room 1: Foyer, On Level: 1
  • Room 2: Dining Room, On Level: 1
  • Room 3: Living Room, On Level: 1
  • Room 4: Family Room, On Level: 1
  • Room 5: Sun Room, On Level: 1
  • Room 6: Kitchen, On Level: 1
  • Room 7: Half Bath, On Level: 1
  • Room 8: Master Bedroom, On Level: 2
  • Room 9: Master Bath, On Level: 2
  • Room 10: Bedroom, On Level: 2
  • Room 11: Bedroom, On Level: 2
  • Room 12: Full Bath, On Level: 2
  • Room 13: Billiard Room, On Level: 2
  • Room 14: Home Theater, On Level: 2
  • Total Finished Sq Ft: 4283
  • Above Grade Finished Sq Ft: 4283
  • Fireplace Location: Family Room
  • Foundation: Concrete Block
  • Kitchen Appliances Feat: Dishwasher, Eat-in, Electric Range, Island
  • Kitchen Cabinets Counters: Granite, Painted Cabinets, Wood Counter
  • Land Description: Landscaped, Nearly Level, Partly Cleared
  • Level: 2 Story
  • Bathrooms: 2.5
  • Number of Main Level Bathrooms: 0.5
  • Number Beds: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Room Types: Bedroom, Billiard Room, Dining Room, Family Room, Foyer, Full Bath, Half Bath, Home Theater, Kitchen, Living Room, Master Bedroom, Sun Room, Master Bathroom
  • Room Types Level1: Dining Room (L1), Family Room (L1), Foyer (L1), Half Bath (L1), Kitchen (L1), Living Room (L1), Sun Room (L1)
  • Room Types Level2: Bedroom (L2+), Billiard Room (L2+), Full Bath (L2+), Home Theater (L2+), Master Bedroom (L2+)

Exterior Features

  • Exterior: Vinyl
  • Number Of Acres: 2.07
  • Roof: Architectural Style
  • Structure Deck Porch: Deck
  • Structure Features: Central Vacuum, Dual Vanities, Wet Bar, Whirlpool/Jetted Tub, Walk-in Closet, Walk-up attic
  • Structure Floors: Carpet, Vinyl, Wood
  • Structure Security: Smoke Detector(s)
  • Structure Window Ceiling: 9' Ceilings, Insulated Windows, Screens, Vaulted/Cathedral Ceiling
  • View: Residential View

Garage/Parking

  • Garage: Yes
  • Unfinished Above Grade Garage: 1248
  • Garage Features: Attached, Auto Door, Electricity, Faces Side, Heated, Windows
  • Number of Car Spaces: 4
  • Total Above Grade Garage: 1248

Utilities

  • Cooling: Central AC, Heat Pump
  • Heating: Central Heat, Heat Pump
  • Cable Available: Cable, DSL
  • Sewer/Septic System: Septic Tank
  • Water: Individual Well

Schools

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

Green Features

  • Green Appliances: ES Qualified Dishwasher, ES Qualified Refrigerator
  • Green Features: Yes

Lot Info

  • Lot Features: Fenced Part, Garden Space

Building Info

  • Year Built: 1999

Tax Info

  • Year: 2020
  • Taxes: 4092.2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2021
Closed on
Oct 6, 2021
Sold by
Cotton Jeffrey Y and Cotton Lori A
Bought by
Lava Investments Llc
Seller's Agent
RACHEL BURNS
RE/MAX REALTY SPECIALISTS-CHARLOTTESVILLE
Buyer's Agent
BURT CORLEY
KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE
List Price
$649,900
Sold Price
$575,000
Premium/Discount to List
-$74,900
-11.52%
Current Estimated Value
$731,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,039
Avg. Annual Appreciation
5.97%
Original Mortgage
$431,250
Outstanding Balance
$395,811
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$325,066

Purchase Details

Closed on
Apr 27, 2011
Sold by
Cotten Jeffrey Y and Cotten Lori A
Bought by
Cotten Jeffrey Y and Cotten Lori A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
4.76%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Lava Investments Llc $575,000 Old Republic National Title
Cotten Jeffrey Y -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lava Investments Llc $431,250
Closed Lava Investments Llc $431,250
Previous Owner Cotten Jeffrey Y $110,000
Previous Owner Cotten Jeffrey Y $156,000
Previous Owner Cotten Jeffrey Y $15,000
Previous Owner Cotten Jeffrey Y $116,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2021 10/18/21 Sold $575,000 -9.4% $134 / Sq Ft
08/25/2021 08/25/21 Pending -- -- --
07/22/2021 07/22/21 Price Changed $634,900 -2.3% $148 / Sq Ft
07/01/2021 07/01/21 For Sale $649,900 -- $152 / 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 $5,686 $758,100 $50,300 $707,800
2024 $4,889 $579,300 $50,300 $529,000
2023 $4,889 $579,300 $50,300 $529,000
2022 $4,193 $481,900 $45,300 $436,600
2021 $4,193 $481,900 $45,300 $436,600
2020 $4,092 $442,400 $45,300 $397,100
2019 $4,092 $442,400 $45,300 $397,100
2018 $3,582 $394,900 $45,300 $349,600
2017 $3,582 $394,900 $45,300 $349,600
2016 $3,160 $344,600 $45,300 $299,300
2015 -- $344,600 $45,300 $299,300
2014 $2,934 $333,400 $45,300 $288,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 619469

Charlottesville area Association of Realtors®

APN: 17 20 39