NOT LISTED FOR SALE

12 Morewood Place Unit LM 105 Palmyra, VA 22963

Estimated Value: $342,000 - $416,000

4 Beds
2.5 Baths
1,803 Sq Ft
$209/Sq Ft Est. Value

Last Sold February 14, 2022

Last sale price $313,835 $174 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,338/month

Highlights

  • New Construction
  • Gated Community
  • Main Floor Primary Bedroom
  • Outdoor Pool
  • Wood Flooring
  • Great Room

About This Home

As of February 2022

PRE-SOLD! Popular Montego floor plan, located near the Beach at Lake Monticello, with LVP flooring throughout the main level living areas, upgraded kitchen with 36" cabinets with crown molding, granite, optional island layout, pendant lights, stainless appliances, first floor master with garden bath option with double bowl vanity and shower with glass door. Convenient 1st floor laundry room.. 10x12 rear deck and welcoming front porch. Upstairs you'll find 3 bedrooms, full bath and pull down attic stairs. Upgraded interior doors, drawer pulls, ceiling fans in all bedrooms, elongated adult height toilets in all bathrooms, Shake accent siding with 2 exterior gables and more! Photos are of a similar completed model. We have many lots and floor plans to choose from!

Last Agent to Sell the Property

Susan Stewart

HOWARD HANNA ROY WHEELER REALTY - ZION CROSSROADS License #0225062611 Listed on: 01/24/2022

Last Buyer's Agent

Susan Stewart

HOWARD HANNA ROY WHEELER REALTY - ZION CROSSROADS License #0225062611 Listed on: 01/24/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,770

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 0.34 Acre Lot
  • Garden
  • Property is zoned R-4 Residential

HOA Fees

  • $92 Monthly HOA Fees

Parking

  • Gravel Driveway

Home Design

  • Concrete Block With Brick
  • Brick Foundation
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,803 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • Low Emissivity Windows
  • Entrance Foyer
  • Great Room
  • Breakfast Room
  • Dining Room
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Formica Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Primary bathroom on main floor
  • Double Vanity

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Pool

  • Outdoor Pool

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 18A 12 105

Community Details

Overview

  • $650 HOA Transfer Fee
  • Built by LIBERTY HOMES VA
  • Lake Monticello Subdivision, The Montego Floorplan

Recreation

  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,770

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$92 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Model Name: THE MONTEGO
  • Above Grade Finished Sq Ft: 1803
  • Animal: Domestic Pets
  • Design: Colonial
  • Electricity: Elec Underground
  • L V T Date: 04/20/2021
  • Nameof Property: The Montego
  • New Construction: Yes
  • Parcel Number: 18A 12 105
  • Price Per Sq Ft: 174.06
  • Property Included: Stainless Steel Appliances - Microwave, Dishwasher, Smooth Top Range
  • Show Bldr Nameto Public: Yes
  • Total Sq Ft: 1803
  • Type of Construction: On Site Built
  • Zoning: R-4 Residential
  • Subdivision: LAKE MONTICELLO
  • Comments: Yes
  • Concatenated Rooms1: |Foyer1|Great Room1|Kitchen1|Breakfast1|Master Bed1|Full Bath1|Half Bath1|Laundry1|Bedroom2|Bedroom2|Bedroom2|Full Bath2|
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Laundry: Dryer Hookup, Washer Hookup
  • Basement Type: Crawl
  • Room 1: Foyer, On Level: 1
  • Room 2: Great Room, On Level: 1
  • Room 3: Kitchen, On Level: 1
  • Room 4: Breakfast Room, On Level: 1
  • Room 5: Master Bedroom, On Level: 1
  • Room 6: Full Bath, On Level: 1
  • Room 7: Half Bath, On Level: 1
  • Room 8: Laundry, On Level: 1
  • Room 9: Bedroom, On Level: 2
  • Room 10: Bedroom, On Level: 2
  • Room 11: Bedroom, On Level: 2
  • Room 12: Full Bath, On Level: 2
  • Total Finished Sq Ft: 1803
  • Above Grade Finished Sq Ft: 1803
  • Bathroom: Attach Mstr Bath
  • Foundation: Brick, Concrete Block
  • Kitchen Appliances Feat: Dishwasher, Electric Range, Island, Microwave, Recessed Light
  • Kitchen Cabinets Counters: Formica Counter, White Cabinets
  • Land Description: Garden Spot
  • Level: 2 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 2.5
  • Number of Main Level Bathrooms: 1.5
  • Number Beds: 4
  • Number Beds Main Level: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Room Types: Bedroom, Breakfast Room, Dining Room, Foyer, Full Bath, Great Room, Half Bath, Kitchen, Laundry, Master Bedroom
  • Room Types Level1: Breakfast Room (L1), Dining Room (L1), Family Room (L1), Foyer (L1), Full Bath (L1), Great Room (L1), Half Bath (L1), Home Office (L1), Kitchen (L1), Laundry (L1), Master Bedroom (L1)
  • Room Types Level2: Bedroom (L2+), Full Bath (L2+), Laundry (L2+), Master Bedroom (L2+)
  • Source of Sq Ft: Builder

Exterior Features

  • Homebuilder: LIBERTY HOMES VA
  • Exterior: Vinyl
  • Number Of Acres: 0.34
  • Pool: Yes
  • Pool: Community
  • Roof: Composition Shingle
  • Structure Deck Porch: Porch - Front, Porch - Rear
  • Structure Features: Dual Vanities, Walk-in Closet
  • Structure Floors: Carpet, Hardwood, Vinyl
  • Structure Security: Smoke Detector(s)
  • Structure Window Ceiling: 8' Ceilings, Low-E Windows, Screens, Tilt Sash Windows
  • View: Residential View, Wooded View
  • Yard: Nearly Level, Sunny

Garage/Parking

  • Driveway: Gravel

Utilities

  • Cooling: Central AC, Heat Pump
  • Heating: Central Heat, Heat Pump
  • Cable Available: Cable, DSL
  • Security: Deadbolts
  • Sewer/Septic System: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • Association Setup Transfer Fee Type: $
  • Association Setup Transfer Fees: 650
  • Association Fee: HOA
  • Association Frequency: Annual
  • Association Fee: 1108

Schools

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

Lot Info

  • Lot Features: Garden Space, Private Gated Community, Public Road

Building Info

  • Year Built: 2021

Tax Info

  • Year: 2020
  • Taxes: 2770

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 13, 2024
Sold by
Serenity Properties Va Llc
Bought by
Water Life Properties Va Llc
Total Days on Market
0
Current Estimated Value
$376,215

Purchase Details

Closed on
Sep 30, 2023
Sold by
Russo Kevin and Russo Jennifer M
Bought by
Serenity Properties Va Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.78%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 21, 2023
Sold by
Oliver Amy Carissa
Bought by
Russo Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.78%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jan 24, 2022
Closed on
Jan 7, 2022
Sold by
Liberty Homes Va Inc
Bought by
Oliver Amy Carissa
Seller's Agent
Susan Stewart
HOWARD HANNA ROY WHEELER REALTY - ZION CROSSROADS
Buyer's Agent
Susan Stewart
HOWARD HANNA ROY WHEELER REALTY - ZION CROSSROADS
List Price
$299,535
Sold Price
$313,835
Premium/Discount to List
$14,300
4.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.25%
Original Mortgage
$282,451
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2021
Sold by
Scaturro Suzanne
Bought by
Liberty Homes Va Inc
Source: Public Records

Range of Values:

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Average Value
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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
Water Life Properties Va Llc -- None Listed On Document
Serenity Properties Va Llc -- None Listed On Document
Russo Kevin $339,900 Chicago Title
Oliver Amy Carissa $313,835 Old Republic National Title
Liberty Homes Va Inc $39,000 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Russo Kevin $200,000
Previous Owner Oliver Amy Carissa $282,451
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2022 02/14/22 Sold $313,835 +0.2% $174 / Sq Ft
06/08/2021 06/08/21 Price Changed $313,085 +4.5% $174 / Sq Ft
04/19/2021 04/19/21 Pending -- -- --
04/19/2021 04/19/21 For Sale $299,535 -- $166 / 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 $2,357 $314,200 $30,000 $284,200
2024 $22 $258,800 $30,000 $228,800
2023 $2,184 $258,800 $30,000 $228,800
2022 $1,983 $221,000 $27,500 $193,500
2021 $1,783 $22,000 $22,000 $0
2020 $194 $22,000 $22,000 $0
2019 $204 $22,000 $22,000 $0
2018 $249 $27,500 $27,500 $0
2017 $242 $27,500 $27,500 $0
2016 $252 $27,500 $27,500 $0
2015 $242 $27,500 $27,500 $0
2014 $242 $27,500 $27,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 616397

Charlottesville area Association of Realtors®

APN: 18A-12-105