NOT LISTED FOR SALE

16 Colonial Rd Unit LM 196/3 Palmyra, VA 22963

Estimated Value: $356,883 - $377,000

4 Beds
2.5 Baths
1,640 Sq Ft
$225/Sq Ft Est. Value

Last Sold May 12, 2022

Last sale price $300,000 $183 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,150/month

163 Days on Market

Highlights

  • New Construction
  • Partially Wooded Lot
  • Great Room
  • Outdoor Pool
  • Main Floor Primary Bedroom
  • Breakfast Room

About This Home

As of May 2022

TO BE BUILT AT LAKE MONTICELLO! The "MALIBU" model, with luxury vinyl plank flooring throughout the main level living areas, has a great room open to the kitchen with stainless appliances, 2x4 island, 36" cabinets with crown molding, and breakfast nook leading to the 10x10 rear deck. FIRST FLOOR MASTER! Upstairs you'll find 3 more bedrooms, laundry room and pull down attic stairs for storage. Exterior upgrades include a welcoming front porch, shake siding in two sections and wide window trim instead of shutters. If this home doesn't work for you, ask about our many other available lots and floor plans! Photos are of a similar Malibu model. Call Agent for details.

Last Listed By

Susan Stewart

HOWARD HANNA ROY WHEELER REALTY - ZION CROSSROADS License #0225062611 Listed on: 12/17/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,581

Year Built

  • Built in 2021 | New Construction

Lot Details

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

HOA Fees

  • $94 Monthly HOA Fees

Parking

  • Gravel Driveway

Home Design

  • Concrete Block With Brick
  • Brick Foundation
  • Vinyl Siding

Interior Spaces

  • 1,640 Sq Ft Home
  • 2-Story Property
  • Low Emissivity Windows
  • Insulated Windows
  • Entrance Foyer
  • Great Room
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Breakfast Room
  • Electric Range
  • Microwave
  • Dishwasher
  • Formica Countertops

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

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

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

Listing and Financial Details

  • Assessor Parcel Number 18A 3 196

Community Details

Overview

  • $800 HOA Transfer Fee
  • Built by LIBERTY HOMES VA
  • Lake Monticello Subdivision, The Malibu Floorplan

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,581

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$94 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Model Name: THE MALIBU
  • Above Grade Finished Sq Ft: 1640
  • Animal: Domestic Pets
  • Design: Colonial
  • Electricity: Elec Underground
  • L V T Date: 08/12/2021
  • Nameof Property: THE MALIBU
  • New Construction: Yes
  • Parcel Number: 18A 3 196
  • Price Per Sq Ft: 182.93
  • Property Included: Microwave, Dishwasher, Smooth Top Range,
  • Show Bldr Nameto Public: Yes
  • Total Sq Ft: 1640
  • Type of Construction: On Site Built
  • Zoning: R-4 Residential
  • Subdivision: LAKE MONTICELLO
  • Comments: Yes
  • Concatenated Rooms1: |Foyer1|Great Room1|Kitchen1|Breakfast1|Master Bed1|Master BTH1|Half Bath1|Bedroom2|Bedroom2|Bedroom2|Full Bath2|Laundry2|
  • 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: Master Bath,On Level: 1
  • Room 7: Half Bath,On Level: 1
  • Room 8: Bedroom,On Level: 2
  • Room 9: Bedroom,On Level: 2
  • Room 10: Bedroom,On Level: 2
  • Room 11: Full Bath,On Level: 2
  • Room 12: Laundry,On Level: 2
  • Total Finished Sq Ft: 1640
  • Above Grade Finished Sq Ft: 1640
  • Bathroom: Attach Mstr Bath
  • Foundation: Brick, Concrete Block
  • Kitchen Appliances Feat: Breakfast Nook, Dishwasher, Electric Range, Microwave
  • Kitchen Cabinets Counters: Formica Counter, Wood Cabinets
  • Land Description: Partly Wooded
  • 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, 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: Architectural Style
  • Structure Deck Porch: Deck, Porch - Front
  • Structure Features: Walk-in Closet
  • Structure Floors: Carpet, Luxury Vinyl Plank, Vinyl
  • Structure Security: Smoke Detector(s)
  • Structure Window Ceiling: 8' Ceilings, Insulated Windows, Low-E Windows, Screens, Tilt Sash Windows
  • View: Pastoral View, Residential View
  • Yard: Nearly Level, Sunny

Garage/Parking

  • Driveway: Gravel

Utilities

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

Condo/Co-op/Association

  • Association Setup Transfer Fee Type: $
  • Association Setup Transfer Fees: 800
  • Association Fee: HOA
  • Association Frequency: Annual
  • Association Fee: 1131

Schools

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

Lot Info

  • Lot Features: Garden Space

Building Info

  • Year Built: 2021

Tax Info

  • Year: 2020
  • Taxes: 2581

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2022
Sold by
Liberty Homes Va Inc
Bought by
Ivanic Goran
Total Days on Market
163
Current Estimated Value
$368,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,566
Interest Rate
4.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2021
Sold by
Loveland Bertram E and Loveland Terri G
Bought by
Libert Homes Va Inc

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
Ivanic Goran $300,000 Old Republic National Title
Libert Homes Va Inc $20,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ivanic Goran $10,500
Previous Owner Ivanic Goran $294,566
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2022 05/12/22 Sold $300,000 0.0% $183 / Sq Ft
01/24/2022 01/24/22 Price Changed $300,000 +0.7% $183 / Sq Ft
01/22/2022 01/22/22 Pending -- -- --
01/11/2022 01/11/22 Price Changed $297,821 +3.5% $182 / Sq Ft
09/17/2021 09/17/21 Price Changed $287,821 +3.1% $176 / Sq Ft
08/12/2021 08/12/21 For Sale $279,055 -- $170 / 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
2024 $21 $246,900 $30,000 $216,900
2023 $2,084 $246,900 $30,000 $216,900
2022 $179 $20,600 $20,600 $0
2021 $179 $20,600 $20,600 $0
2020 $191 $20,600 $20,600 $0
2019 $191 $20,600 $20,600 $0
2018 $249 $27,500 $27,500 $0
2017 $249 $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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Source: Charlottesville area Association of Realtors®

MLS Number: 621020

Charlottesville area Association of Realtors®

APN: 18A-3-196