NOT LISTED FOR SALE

16 Riverside Dr Palmyra, VA 22963

Estimated Value: $370,728 - $412,000

3 Beds
3 Baths
2,688 Sq Ft
$146/Sq Ft Est. Value

Last Sold May 20, 2022

Last sale price $311,200 $116 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,350/month

6 Days on Market

Highlights

  • Gated Community
  • Vaulted Ceiling
  • Skylights
  • Recreation Room
  • Wood Flooring
  • Concrete Block With Brick

About This Home

As of May 2022

Charming level living 3 bed/3 bath home, full basement, open cathedral ceilings in living room with gas fire place and slate surround. Pass through to kitchen hosting stainless steel appliances, breakfast bar and lots of light with easy access to large back deck and steps to back patio and fenced yard with raised garden beds and shed. Full finished basement with a spacious walk out, family room, recreation/multi-purpose room plumbed for a wet bar, laundry room and full bath. Perfect for a game room, movie room or gym area. Easy access outside the Lake Monticello gates + all amenities, dual zone HVAC, and a second drive way for a possible garage or a spot to park your boat or RV.

Last Agent to Sell the Property

CHRISTOPHER RABABY

LONG & FOSTER - LAKE MONTICELLO License #0225258165 Listed on: 04/05/2022

LONG & FOSTER - LAKE MONTICELLO

Co-Listed By

Maggie Gunnels Fornecker

LONG & FOSTER - LAKE MONTICELLO License #0225265900

Last Buyer's Agent

CHERYL SPRANGEL

REAL ESTATE III, INC. License #0225097311

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,937

Year Built

  • Built in 1997

Lot Details

  • 0.46 Acre Lot
  • Partially Fenced Property
  • Landscaped
  • Gentle Sloping Lot
  • Cleared Lot
  • Garden

HOA Fees

  • $92 Monthly HOA Fees

Home Design

  • Concrete Block With Brick
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • Skylights
  • Insulated Windows
  • Family Room
  • Living Room
  • Dining Room
  • Recreation Room
  • Utility Room

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Slate Flooring
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Primary bathroom on main floor

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Windows

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Fiber Optics Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 18A 6 199

Community Details

Overview

  • $855 HOA Transfer Fee
  • Lake Monticello Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,937

Year Built

Built in 1997

Lot Details

0.46 Acres

HOA Fees

$92 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 1344
  • Below Grade Total Sq Ft: 1344
  • L V T Date: 04/08/2022
  • Parcel Number: 18A 6 199
  • Price Per Sq Ft: 115.77
  • Property Included: Refrigerator, range, dishwasher, microwave, washer and dryer
  • Total Sq Ft: 2688
  • Type of Construction: On Site Built
  • Zoning: R Residential
  • Subdivision: LAKE MONTICELLO
  • Comments: Yes
  • Concatenated Rooms1: |Living Roo1|Kitchen1|Dining Roo1|Master Bed1|Master BTH1|Bedroom1|Bedroom1|Full Bath1|Family RooB|Full BathB|Rec RoomB|LaundryB|Utility RoB|
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Laundry: Dryer, Washer
  • Basement Type: Finished, Full, Heated, Inside Access, Outside Entrance, Walk Out, Windows
  • Room 1: Living Room,On Level: 1
  • Room 2: Kitchen,On Level: 1
  • Room 3: Dining Room,On Level: 1
  • Room 4: Master Bedroom,On Level: 1
  • Room 5: Master Bath,On Level: 1
  • Room 6: Bedroom,On Level: 1
  • Room 7: Bedroom,On Level: 1
  • Room 8: Full Bath,On Level: 1
  • Room 9: Family Room,On Level: Basement
  • Room 10: Full Bath,On Level: Basement
  • Room 11: Rec Room,On Level: Basement
  • Room 12: Laundry,On Level: Basement
  • Room 13: Utility Room,On Level: Basement
  • Total Finished Sq Ft: 2688
  • Above Grade Finished Sq Ft: 1344
  • Basement: Yes
  • Below Grade Finished Sq Ft: 1344
  • Foundation: Concrete Block, Concrete Slab
  • Kitchen Appliances Feat: Breakfast Bar, Dishwasher, Disposal, Electric Range, Microwave, Refrigerator
  • Kitchen Cabinets Counters: Formica Counter, Oak Cabinets, Solid Surface Counter
  • Land Description: Gently Rolling, Landscaped, Partly Cleared
  • Level: 1 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 3
  • Below Grade Bathrooms: 1
  • Number of Main Level Bathrooms: 2
  • Number Beds: 3
  • Number Beds Main Level: 3
  • Full Bathrooms: 3
  • Room Types: Bedroom, Dining Room, Family Room, Full Bath, Kitchen, Laundry, Living Room, Master Bedroom, Rec Room, Utility Room
  • Room Types Level1: Bedroom (L1), Dining Room (L1), Full Bath (L1), Kitchen (L1), Living Room (L1), Master Bedroom (L1)
  • Room Types Level B: Family Room (LB), Full Bath (LB), Laundry (LB), Rec Room (LB), Utility Room (LB)
  • Source of Sq Ft: Public Records

Exterior Features

  • Number Of Acres: 0.46
  • Roof: Architectural Style, Composition Shingle
  • Structure Deck Porch: Deck, Patio, Porch - Front
  • Structure Features: Skylights
  • Structure Floors: Carpet, Hardwood, Slate, Vinyl
  • Structure Security: Carbon Monoxide Detector, Gated Community, Smoke Detector(s)
  • Structure Window Ceiling: Insulated Windows, Tilt Sash Windows, Vaulted/Cathedral Ceiling

Utilities

  • Cooling: Central AC, Heat Pump
  • Heating: Central Heat, Electric, Heat Pump
  • Cable Available: Cable, Fiber-Optic
  • Sewer/Septic System: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • Association Setup Transfer Fee Type: $
  • Association Setup Transfer Fees: 855
  • Association Fee: HOA
  • Association Frequency: Monthly
  • Association Fee: 92

Lot Info

  • Lot Features: Fenced Part, Garden Space

Building Info

  • Year Built: 1997

Tax Info

  • Year: 2021
  • Taxes: 1936.84

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2022
Closed on
May 9, 2022
Sold by
Alicia Herritt
Bought by
Mclaughlin Scott M and Mclaughlin Virginia C
Seller's Agent
CHRISTOPHER RABABY
LONG & FOSTER - LAKE MONTICELLO
Buyer's Agent
CHERYL SPRANGEL
REAL ESTATE III, INC.
List Price
$289,900
Sold Price
$311,200
Premium/Discount to List
$21,300
7.35%
Current Estimated Value
$391,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,982
Avg. Annual Appreciation
6.17%
Original Mortgage
$295,640
Outstanding Balance
$279,473
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$111,709

Purchase Details

Closed on
Mar 10, 2019
Sold by
Hoberg John J and Hoberg Kristen
Bought by
Herritt Alicia and Herritt Sherman J

Purchase Details

Closed on
Aug 5, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Reid Robert

Purchase Details

Closed on
Apr 3, 2013
Sold by
White Samuel L and Suntrust Mortgage Inc
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mclaughlin Scott M $1,200 None Listed On Document
Herritt Alicia $214,000 Fidelity National Title
Reid Robert -- Chicago Title Insurance Comp
Federal Home Loan Mortgage Corporation $221,100 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mclaughlin Scott M $295,640
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2022 05/20/22 Sold $311,200 +7.3% $116 / Sq Ft
04/11/2022 04/11/22 Pending -- -- --
04/05/2022 04/05/22 For Sale $289,900 -- $108 / Sq Ft
Source: Charlottesville area Association of Realtors®

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 $2,671 $356,100 $30,000 $326,100
2024 $22 $254,900 $30,000 $224,900
2023 $2,151 $254,900 $30,000 $224,900
2022 $1,906 $219,100 $25,000 $194,100
2021 $1,906 $219,100 $25,000 $194,100
2020 $1,816 $196,300 $25,000 $171,300
2019 $1,816 $196,300 $25,000 $171,300
2018 $1,724 $190,100 $25,000 $165,100
2017 $1,724 $190,100 $25,000 $165,100
2016 $1,436 $156,600 $25,000 $131,600
2015 $1,358 $156,600 $25,000 $131,600
2014 $1,358 $154,300 $25,000 $129,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 628563

Charlottesville area Association of Realtors®

APN: 18A-6-199

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