NOT LISTED FOR SALE

16 Marwood Dr Palmyra, VA 22963

Estimated Value: $276,000 - $358,000

0.35 Acre
$950,760 Price per Acre
15,246 Sq Ft Lot

Last Sold March 17, 2020

Last sale price $19,000

Est. 1,651% increase in value since last sale

Current estimated payment $2,053/month

1,302 Days on Market

Highlights

  • Golf Course Community
  • Newspaper Service
  • Clubhouse
  • Bar or Lounge
  • Community Lake
  • Wooded Lot

About This Lot

As of March 2020

Great building lot at Lake Monticello

Last Agent to Sell the Property

Vicki Wilson

MONTICELLO COUNTRY REAL ESTATE, INC. License #0225032365 Listed on: 07/18/2016

Last Buyer's Agent

Shawn Tuthill

1ST DOMINION REALTY INC-CHARLOTTESVILLE License #0225047777

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,259

Lot Details

  • 0.35 Acre Lot
  • Wooded Lot
  • Property is zoned R-4 Residential

HOA Fees

  • $66 Monthly HOA Fees

Interior Spaces

  • Dining Room

Farming

  • Timber
  • Farm Animals Allowed: Domestic Pets

Utilities

  • Underground Utilities
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • Lake Monticello Subdivision
  • Community Lake

Amenities

  • Newspaper Service
  • Picnic Area
  • Door to Door Trash Pickup
  • Clubhouse
  • Meeting Room
  • Bar or Lounge

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Volleyball Courts
  • Community Playground
  • Snow Removal
  • Playground

Property Details

Property Type

Land

Est. Annual Taxes

$2,259

Lot Details

0

HOA Fees

$66 per month

Listing Details

  • Class: Land
  • Property Type: Building Lots
  • L V T Date: 07/18/2016
  • Price Per Sq Ft: 54285.71
  • Zoning: R-4 Residential
  • Adjoining Parcels: Residential
  • Best Use: Residential
  • Current Use: Vacant
  • Farm Animals: Domestic Pets
  • Road Street: Paved
  • Subdivision: Lake Monticello
  • Timber: Mixed
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Land Description: Wooded

Exterior Features

  • Number Of Acres: 0.35
  • View: Residential View

Utilities

  • Cable Available: Cable, Dsl
  • Sewer/Septic System: Community Sewer
  • Water: Community Water
  • Electric: Underground

Condo/Co-op/Association

  • Association Frequency: Annual
  • Association Fee: 788
  • HOA Amenities: Bar/Lounge, Basketball Court, Baseball Field, Beach, Boat Launch, Clubhouse, Dining Rooms, Golf, Lake, Meeting Room, Newspaper Svc, Picnic Area, Play Area, Soccer Field, Tennis, Volleyball
  • HOA: Yes
  • H O A Includes: Area Maint, Club House, Master Ins. Policy, Play Area, Prof. Mgmt., Reserve Fund, Security Force, Snow Removal, Trash Pickup

Schools

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

Lot Info

  • Lot Number: Section 12 Lot 262 Lake Monticello

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2016
Closed on
Mar 2, 2020
Sold by
Molter Steven E and Molter Patti Eare
Bought by
Liberty Homes Va Inc
Seller's Agent
Vicki Wilson
MONTICELLO COUNTRY REAL ESTATE, INC.
Buyer's Agent
Shawn Tuthill
1ST DOMINION REALTY INC-CHARLOTTESVILLE
List Price
$22,000
Sold Price
$19,000
Premium/Discount to List
-$3,000
-13.64%
Current Estimated Value
$332,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$313,766
Avg. Annual Appreciation
68.45%

Purchase Details

Closed on
Oct 19, 2012
Sold by
Molter Steven E and Estate Of Ethel E Grandstaff
Bought by
Molter Steven E and Molter Patti Ware
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
Liberty Homes Va Inc $27,500 Old Republic Natonal Title I
Molter Steven E -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2020 03/17/20 Sold $19,000 -13.6% --
02/10/2020 02/10/20 Pending -- -- --
09/04/2018 09/04/18 For Sale $22,000 +15.8% --
07/01/2018 07/01/18 Off Market $19,000 -- --
04/02/2018 04/02/18 Price Changed $22,000 +10.0% --
01/02/2018 01/02/18 For Sale $20,000 +5.3% --
11/13/2017 11/13/17 Off Market $19,000 -- --
06/29/2017 06/29/17 Price Changed $20,000 -16.7% --
06/23/2017 06/23/17 Price Changed $24,000 -17.2% --
07/18/2016 07/18/16 For Sale $29,000 -- --
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 $2,259 $301,200 $30,000 $271,200
2024 $20 $239,300 $30,000 $209,300
2023 $2,020 $239,300 $30,000 $209,300
2022 $191 $22,000 $22,000 $0
2021 $191 $22,000 $22,000 $0
2020 $254 $27,500 $27,500 $0
2019 $254 $27,500 $27,500 $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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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 550097

Charlottesville area Association of Realtors®

APN: 18A 12 262