Seller's Agent in 2022
Thomas Morace
LONG & FOSTER - LAKE MONTICELLO
(434) 962-1625
35 in this area
53 Total Sales
14 Out of Bounds Rd Palmyra, VA 22963
Estimated Value: $554,446 - $594,000
3
Beds
2.5
Baths
2,548
Sq Ft
$226/Sq Ft
Est. Value
Highlights
- Beach
- Community Boat Launch
- Gated Community
- On Golf Course
- Bar or Lounge
- Community Lake
About This Home
As of June 2022Immaculate! This Stunning golf front home located on the 5th hole ladies t-box has it all. The vaulted great room is set up perfectly for entertaining with gleaming hardwoods throughout open to the fully upgraded kitchen featuring top of the line appliances and granite counter top . Formal dining room. The vaulted sunroom affords spectacular golf course views that can also be enjoyed on the screened in porch and deck. The spacious master suite with attached bath has a huge walk in closet/ dressing room. This one owner custom home with attention to every detail is move in ready, with plenty of time to be enjoying The Lake Life on the golf course this spring!
Last Agent to Sell the Property
LONG & FOSTER - LAKE MONTICELLO License #0225052968 Listed on: 04/13/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,749
Year Built
- Built in 2003
Lot Details
- 0.35 Acre Lot
- On Golf Course
- Street terminates at a dead end
- Landscaped
- Property is zoned R-4 Residential
HOA Fees
- $99 Monthly HOA Fees
Home Design
- Brick Exterior Construction
- Poured Concrete
- Composition Shingle Roof
- Vinyl Siding
Interior Spaces
- 1-Story Property
- Vaulted Ceiling
- Multiple Fireplaces
- Gas Fireplace
- Great Room with Fireplace
- Dining Room
- Golf Course Views
- Crawl Space
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Breakfast Bar
- Microwave
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Walk-In Closet
- Bathroom on Main Level
- Primary bathroom on main floor
- Double Vanity
Laundry
- Laundry Room
- Washer and Dryer Hookup
Parking
- 2 Car Attached Garage
- Front Facing Garage
- Driveway
Outdoor Features
- Playground
Schools
- Central Elementary School
- Fluvanna Middle School
- Fluvanna High School
Utilities
- Central Heating and Cooling System
- Heating System Uses Propane
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 61
Community Details
Overview
- Association fees include area maint, beach, boat launch, play area, road maint, security force, trash pickup
- $850 HOA Transfer Fee
- Lake Monticello Subdivision
- Community Lake
Amenities
- Picnic Area
- Clubhouse
- 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
- Security Service
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 13, 2022
Closed on
Jun 6, 2022
Sold by
Hutton Elaine P
Bought by
Gebhards John Edwards and Gebhards Phyllis Ann
Seller's Agent
Thomas Morace
LONG & FOSTER - LAKE MONTICELLO
Buyer's Agent
Iris Helfrich
MONTICELLO COUNTRY REAL ESTATE, INC.
List Price
$469,000
Sold Price
$525,000
Premium/Discount to List
$56,000
11.94%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,112
Avg. Annual Appreciation
2.38%
Original Mortgage
$462,000
Outstanding Balance
$440,851
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$125,262
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gebhards John Edwards | $525,000 | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gebhards John Edwards | $462,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/14/2022 06/14/22 | Sold | $525,000 | +11.9% | $206 / Sq Ft |
| 04/22/2022 04/22/22 | Pending | -- | -- | -- |
| 04/13/2022 04/13/22 | For Sale | $469,000 | -- | $184 / Sq Ft |
Source: Charlottesville area Association of Realtors®
Tax History Compared to Growth
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 | $3,718 | $495,700 | $55,000 | $440,700 |
| 2024 | $35 | $418,300 | $55,000 | $363,300 |
| 2023 | $3,530 | $418,300 | $55,000 | $363,300 |
| 2022 | $2,718 | $312,400 | $50,000 | $262,400 |
| 2021 | $2,718 | $312,400 | $50,000 | $262,400 |
| 2020 | $2,754 | $297,700 | $50,000 | $247,700 |
| 2019 | $2,754 | $297,700 | $50,000 | $247,700 |
| 2018 | $2,772 | $305,600 | $50,000 | $255,600 |
| 2017 | $2,772 | $305,600 | $50,000 | $255,600 |
| 2016 | $2,359 | $257,200 | $35,000 | $222,200 |
| 2015 | $2,204 | $257,200 | $35,000 | $222,200 |
| 2014 | $2,204 | $250,500 | $35,000 | $215,500 |
Source: Public Records
Agents Affiliated with this Home
-
Thomas Morace
-
PEGGY SHANKLIN
Seller Co-Listing Agent in 2022
PEGGY SHANKLIN
LONG & FOSTER - LAKE MONTICELLO
(434) 962-2762
77 in this area
100 Total Sales
-
Iris Helfrich
Buyer's Agent in 2022
Iris Helfrich
MONTICELLO COUNTRY REAL ESTATE, INC.
(434) 981-9956
86 in this area
122 Total Sales
Map
Source: Charlottesville area Association of Realtors®
MLS Number: 628974
APN: 18A-4-61
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