NOT LISTED FOR SALE

14 Possum Ln Palmyra, VA 22963

Estimated Value: $319,000 - $362,000

3 Beds
2 Baths
1,588 Sq Ft
$218/Sq Ft Est. Value

Last Sold March 28, 2024

Last sale price $315,000 $198 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,057/month

4 Days on Market

Highlights

  • Beach
  • Community Boat Launch
  • Clubhouse
  • Golf Course Community
  • Community Lake
  • Community Pool

About This Home

As of March 2024

Welcome to the Lake Life! This three bedroom two bathroom home located in the highly sought after Lake Monticello subdivision features a large master bedroom separated from the other two bedrooms and has an attached master bathroom as well as a walk-in closet! Granite countertops are complimented by stainless steel appliances. The large back deck is a great place to escape, grill, gather or have your morning coffee! There is a sizable and fenced back yard that is perfect for the kids to play in or to let the dog get some fresh air. The basement is partially finished and has direct access to the attached oversized two-car garage. The garage has plenty of space for a workshop and storage. Plenty of space in the driveway for multiple cars. Recently upgraded flooring throughout most of the upstairs. Lake Monticello offers numerous amenities from lake access, to local parks, golf and pools. Convenient to Charlottesville! Minutes from dining and shopping. Call your Realtor to tour this gem!

Last Agent to Sell the Property

Gordon Cowan

Weichert Realtors Nancy Beahm Real Estate License #0225242767 Listed on: 02/15/2024

Weichert Realtors Nancy Beahm Real Estate

Last Buyer's Agent

Jen Sample

LONG & FOSTER - LAKE MONTICELLO License #0225098306

LONG & FOSTER - LAKE MONTICELLO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,025

Year Built

  • Built in 1994

Lot Details

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

Home Design

  • Concrete Block With Brick

Interior Spaces

  • 1-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

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

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Schools

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

Utilities

  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 51065-18A 2 293

Community Details

Overview

  • Property has a Home Owners Association
  • $650 HOA Transfer Fee
  • Lake Monticello Subdivision
  • Community Lake

Amenities

  • Picnic Area
  • Clubhouse
  • Community Center

Recreation

  • Community Boat Launch
  • Beach
  • Golf Course Community
  • Community Basketball Court
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,025

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 1372
  • Below Grade Total Sq Ft: 752
  • L V T Date: 02/15/2024
  • Parcel Number: 51065-18A 2 293
  • Price Per Sq Ft: 198.36
  • Total Sq Ft: 2960
  • Total Unfinished Sq Ft: 1372
  • Type of Construction: On Site Built
  • Zoning: R-4 Residential
  • Subdivision: LAKE MONTICELLO
  • Comments: No
  • Concatenated Rooms1: |
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Unfinished Below Grade Sq Ft: 536
  • Basement Type: Partly Finished
  • Total Finished Sq Ft: 1588
  • Above Grade Finished Sq Ft: 1372
  • Basement: Yes
  • Below Grade Finished Sq Ft: 216
  • Foundation: Concrete Block
  • Level: 1 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 2
  • Number Beds: 3
  • Full Bathrooms: 2
  • Source of Sq Ft: Public Records

Exterior Features

  • Number Of Acres: 0.34

Garage/Parking

  • Garage: Yes
  • Below Grade Unfinished Garage: 836
  • Garage Features: Attached, Auto Door, Electricity, Windows
  • Number of Car Spaces: 2
  • Total Below Grade Garage: 836

Utilities

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

Condo/Co-op/Association

  • HOA/COA Amenities: Basketball Court, Beach, Boat Launch, Clubhouse, Community Room, Golf, Lake, Picnic Area, Pool, Walk/Run Trails, Community Dock
  • Association Setup Transfer Fee Type: $
  • Association Setup Transfer Fees: 650
  • Association Fee: HOA

Schools

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

Building Info

  • Year Built: 1994

Tax Info

  • Year: 2022
  • Taxes: 2025

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2024
Closed on
Mar 25, 2024
Sold by
Waller Dennis
Bought by
Sloan David and Bedlivy Lorrie
Seller's Agent
Gordon Cowan
Weichert Realtors Nancy Beahm Real Estate
Buyer's Agent
Jen Sample
LONG & FOSTER - LAKE MONTICELLO
List Price
$300,000
Sold Price
$315,000
Premium/Discount to List
$15,000
5%
Views
89
Current Estimated Value
$341,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,994
Avg. Annual Appreciation
4.78%
Original Mortgage
$215,000
Outstanding Balance
$212,122
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$123,838

Purchase Details

Closed on
Apr 1, 2019
Sold by
Christian Courtney Lyn and Lambert Michael Scott
Bought by
Waller Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,275
Interest Rate
4.3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Sloan David $315,000 Sage Title
Waller Dennis $204,500 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sloan David $215,000
Previous Owner Waller Dennis $85,000
Previous Owner Waller Dennis $191,000
Previous Owner Waller Dennis $194,275
Previous Owner Lambert Michael Scott $203,093
Previous Owner Lambert Michael Scott $156,800
Previous Owner Lambert Micheal Scott $39,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2024 03/28/24 Sold $315,000 +5.0% $198 / Sq Ft
02/19/2024 02/19/24 Pending -- -- --
02/15/2024 02/15/24 For Sale $300,000 -- $189 / Sq Ft
Source: Harrisonburg-Rockingham 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 $2,315 $308,700 $30,000 $278,700
2024 $20 $240,000 $30,000 $210,000
2023 $2,026 $240,000 $30,000 $210,000
2022 $1,784 $205,000 $27,500 $177,500
2021 $1,784 $205,000 $27,500 $177,500
2020 $1,521 $164,400 $27,500 $136,900
2019 $1,521 $164,400 $27,500 $136,900
2018 $1,434 $158,100 $27,500 $130,600
2017 $1,434 $158,100 $27,500 $130,600
2016 $1,475 $160,900 $27,500 $133,400
2015 $1,396 $160,900 $27,500 $133,400
2014 $1,396 $158,600 $27,500 $131,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Harrisonburg-Rockingham Association of REALTORS®

MLS Number: 649650

Harrisonburg-Rockingham Association of REALTORS®

APN: 18A-2-293