NOT LISTED FOR SALE

16 Out of Bounds Rd Palmyra, VA 22963

Estimated Value: $393,090 - $463,000

3 Beds
2 Baths
1,775 Sq Ft
$239/Sq Ft Est. Value

Last Sold January 08, 2020

Last sale price $235,000 $132 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $2,568/month

222 Days on Market

Highlights

  • Beach
  • Community Boat Launch
  • 24-Hour Security
  • On Golf Course
  • Bar or Lounge
  • Gated Community

About This Home

As of January 2020

Golf front single level living at its best! Three bedroom ranch located on the golf course on a level lot featuring a sunny vaulted great room with propane fire place and sky lights, formal dining room, spacious eat in kitchen with breakfast bar, granite counter tops, abundant cabinet and counter space, master suite with attached bath, second bedroom featuring a palladian window.Two car garage and circular driveway. Enjoy the country front porch or relaxing on the large back deck and watching the golfers.

Last Agent to Sell the Property

Thomas Morace

LONG & FOSTER - LAKE MONTICELLO License #0225052968 Listed on: 04/13/2019

Co-Listed By

Diane Miller

LONG & FOSTER - LAKE MONTICELLO License #0225102265

Last Buyer's Agent

Maggie Gunnels Fornecker

LONG & FOSTER - LAKE MONTICELLO License #0225265900

LONG & FOSTER - LAKE MONTICELLO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,595

Year Built

  • 1995

Lot Details

  • 0.35 Acre Lot
  • On Golf Course
  • Property is zoned R-4 Residential

HOA Fees

  • $89 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,775 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Multiple Fireplaces
  • Gas Fireplace
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Primary bathroom on main floor

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Gravel Driveway

Outdoor Features

  • Playground

Utilities

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

Community Details

Overview

  • Association fees include area maint, beach, boat launch, club house, play area, prof. mgmt., road maint, security force, snow removal, trash pickup
  • $650 HOA Transfer Fee

Amenities

  • Picnic Area
  • Clubhouse
  • Community Center
  • Meeting Room
  • 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

Security

  • 24-Hour Security
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,595

Year Built

1995

Lot Details

0

HOA Fees

$89 per month

Listing Details

  • Class: Residential
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 1775
  • Design: Contemporary
  • Electricity: Elec Underground
  • L V T Date: 04/13/2019
  • Parcel Number: 000000000
  • Price Per Sq Ft: 132.39
  • Total Sq Ft: 2279
  • Total Unfinished Sq Ft: 504
  • Type of Construction: On Site Built
  • Zoning: R-4 Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1995

Interior Features

  • Fireplace: Gas, One
  • Laundry: Dryer Hookup, Washer Hookup
  • Basement Type: Crawl
  • Room 1: Family Room, On Level: 1
  • Room 2: Dining Room, On Level: 1
  • Room 3: Kitchen, On Level: 1
  • Room 4: Laundry, On Level: 1
  • Room 5: Master Bedroom, On Level: 1
  • Room 6: Master Bath, On Level: 1
  • Room 7: Bedroom, On Level: 1
  • Room 8: Bedroom, On Level: 1
  • Room 9: Full Bath, On Level: 1
  • Total Finished Sq Ft: 1775
  • Above Grade Finished Sq Ft: 1775
  • Bathroom: Attach Mstr Bath, Ceramic Tile
  • Fireplace Location: Living Room
  • Foundation: Concrete Block
  • Kitchen Appliances Feat: Breakfast Bar, Breakfast Nook, Dishwasher, Eat-In, Gas Range, Refrigerator
  • Kitchen Cabinets Counters: Granite, White Cabinets
  • Land Description: Golf Front
  • Level: 1 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 2
  • Number of Main Level Bathrooms: 2
  • Number Beds: 3
  • Number Beds Main Level: 3
  • Full Bathrooms: 2
  • Room Types: Bedroom, Dining Room, Family Room, Full Bath, Kitchen, Laundry, Master Bedroom
  • Room Types Level1: Bedroom (L1), Dining Room (L1), Family Room (L1), Full Bath (L1), Kitchen (L1), Laundry (L1), Master Bedroom (L1)
  • Source of Sq Ft: Public Records

Exterior Features

  • Exterior: Vinyl
  • Number Of Acres: 0.35
  • Roof: Composition Shingle
  • Structure Deck Porch: Deck, Porch - Front
  • Structure Features: Walk-In Closet
  • Structure Floors: Carpet, Ceramic Tile, Hardwood
  • Structure Security: 24-Hr Security, Gated Community
  • Structure Window Ceiling: Vaulted/Cathedral Ceiling
  • View: Residential View
  • Yard: Nearly Level

Garage/Parking

  • Garage: Yes
  • Driveway: Gravel
  • Unfinished Above Grade Garage: 504
  • Garage Features: Attached, Auto Door, Electricity, Windows
  • Number of Car Spaces: 2
  • Total Above Grade Garage: 504

Utilities

  • Cooling: Central Ac, Heat Pump
  • Heating: Central Heat, Heat Pump
  • Cable Available: Cable, Dsl
  • Gas: Liquid Propane
  • Security: Security Force
  • Sewer/Septic System: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • HOA/COA Amenities: Bar/Lounge, Baseball Field, Basketball Court, Beach, Boat Launch, Clubhouse, Community Room, Golf, Meeting Room, Picnic Area, Play Area, Pool, Soccer Field, Tennis, Volleyball
  • Association Setup Transfer Fee Type: $
  • Association Setup Transfer Fees: 650
  • Association Fee: Hoa
  • Association Frequency: Annual
  • Association Includes: Area Maint, Beach, Boat Launch, Club House, Play Area, Prof. Mgmt., Road Maint, Security Force, Snow Removal, Trash Pickup
  • Association Fee: 1073

Schools

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

Lot Info

  • Lot Features: Golf Course

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2019
Closed on
Dec 23, 2019
Sold by
Reilly Patrick Vincent and Reilly Herbert Vincent
Bought by
Campbell William H
Seller's Agent
Thomas Morace
LONG & FOSTER - LAKE MONTICELLO
Buyer's Agent
Maggie Gunnels Fornecker
LONG & FOSTER - LAKE MONTICELLO
List Price
$289,000
Sold Price
$235,000
Premium/Discount to List
-$54,000
-18.69%
Current Estimated Value
$413,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,163
Avg. Annual Appreciation
10.40%
Original Mortgage
$226,933
Interest Rate
3.6%
Mortgage Type
VA
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
Campbell William H $235,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Campbell William H $227,481
Closed Campbell William H $226,933
Previous Owner Reilly Mary Lou $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2020 01/08/20 Sold $235,000 -12.6% $132 / Sq Ft
11/21/2019 11/21/19 Pending -- -- --
08/22/2019 08/22/19 Price Changed $269,000 -3.6% $152 / Sq Ft
07/01/2019 07/01/19 Price Changed $279,000 -3.5% $157 / Sq Ft
04/13/2019 04/13/19 For Sale $289,000 -- $163 / 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 $2,595 $346,000 $55,000 $291,000
2024 $25 $290,500 $55,000 $235,500
2023 $2,452 $290,500 $55,000 $235,500
2022 $2,140 $246,000 $50,000 $196,000
2021 $2,140 $246,000 $50,000 $196,000
2020 $2,239 $242,100 $50,000 $192,100
2019 $2,239 $242,100 $50,000 $192,100
2018 $2,265 $249,700 $50,000 $199,700
2017 $2,265 $249,700 $50,000 $199,700
2016 $1,921 $209,500 $35,000 $174,500
2015 $1,809 $209,500 $35,000 $174,500
2014 $1,809 $205,600 $35,000 $170,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 588930

Charlottesville area Association of Realtors®

APN: 18A 4 62