$340,000
SOLD JUL 26, 2024

18 Possum Ln Palmyra, VA 22963

3 Beds
2 Baths
1,641 Sq Ft
0.34 Acres

Recently Sold

$207 Per Sq Ft

5% Above List Price

4 Days on Market

Highlights

  • Lake Front
  • Golf Course Community
  • Water Access
  • Beach
  • Community Boat Facilities
  • Outdoor Pool

About This Home

As of July 2024

You are absolutely going to fall in love with this beautiful home located in the highly sought-after Lake Monticello Community. This gated community offers Resort Style Living and you are never going to want to leave. This quiet and peaceful neighborhood offers: beautiful scenic views of the lake and wildlife, 5 beaches, pool, golf course, boat ramps, water sports including tubing, tennis courts, basketballl courts, playgrounds, picnic areas, jogging trails, gated community w/ security check-in, restaurant & so much more. When you arrive to this 3 bedroom, 2 bath home, you will be wowed by the amazing curb appeal. This home features stunning mature tress, gorgeous landscaping, stone accents around the entire property & a huge private back yard to play in. You can easily walk to Beach Number 5 from this property. This home is perfect for entertaining w/ a large vaulted ceiling 4 season room which is heated and cooled, bbq on the back deck, play in the massive fenced -in yard, or head out front and enjoy the quaint patio area perfect for enjoying a fire pit or sipping on coffee. Inside you will find a huge family room with vaulted ceilings, amazing natural light, and connects to the 4 season room. The eat-in kitchen provides great cabinet space and has views of the private backyard. The first floor also features a large laundry room with built in shelves and its on private entrance as well as a first floor bedroom with easy access to a full bath. Upstairs, you will find a very large primary bedroom with plantation shutters, a closet with custom shelving and easy access to the hall full bath. The second floor also boasts bedroom 3 which is large and a wonderful storage area right of the 2nd floor hallway. This property has a huge crawl space which provides a ton of storage. You will be sure to enjoy the large carport which is attached to the home and the amazing paved drive. Easy Access to both Charlottesville & Richmond. Close to shopping, restaurants & easy access to interstates. Mini Split 1 yr old. A MUST SEE

Last Agent to Sell the Property

Courtney Moore

Real Broker LLC License #0225058311 Listed on: 06/15/2024

Real Broker LLC

Last Buyer's Agent

NON MLS USER MLS

NON MLS OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,692

Year Built

  • Built in 1985

Lot Details

  • 0.34 Acre Lot
  • Lake Front
  • Back Yard Fenced
  • Landscaped
  • Wooded Lot
  • Zoning described as R-4

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Composition Roof
  • Cedar

Interior Spaces

  • 1,641 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Bookcases
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Bay Window
  • French Doors
  • Screened Porch
  • Water Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity

Parking

  • Carport
  • Driveway
  • Paved Parking
  • RV or Boat Parking

Outdoor Features

  • Outdoor Pool
  • Water Access
  • Walking Distance to Water
  • Deck
  • Patio

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 295
  • Assessor Parcel Number 18A-2-295

Community Details

Overview

  • Lake Monticello Subdivision
  • Community Lake
  • Pond in Community

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Community Boat Facilities
  • Beach
  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Sport Court
  • Community Playground
  • Community Pool
  • Park
  • Trails

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,692

Year Built

Built in 1985

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1985
  • Property Attached Yn: No
  • Lot Size Acres: 0.343
  • Ownership: Individuals
  • Subdivision Name: Lake Monticello
  • Above Grade Finished Sq Ft: 1641.0
  • Architectural Style: Two Story
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Other
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Laminate, Wood
  • Basement: Crawl Space
  • Appliances: Dishwasher, Disposal, Oven, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bookcases, Built-in Features, Bedroom on Main Level, Bay Window, Ceiling Fan(s), Cathedral Ceiling(s), Double Vanity, Eat-in Kitchen, French Door(s)/Atrium Door(s), High Ceilings, Pantry, Recessed Lighting, Walk-In Closet(s)
  • Living Area: 1641.0
  • Stories: 1
  • ResoLivingAreaSource: Other

Exterior Features

  • Roof: Composition
  • Fencing: Back Yard, Fenced
  • Lot Features: Landscaped, Wooded
  • Pool Features: Pool, Community
  • View: Water
  • View: Yes
  • Waterfront Features: Beach Access, Lake, Water Access, Walk to Water
  • Waterfront: No
  • Construction Type: Block, Cedar, Drywall
  • Exterior Features: Deck, Porch, Paved Driveway
  • Patio And Porch Features: Patio, Screened, Deck, Porch
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Carport, Driveway, Paved, Boat, RV Access/Parking

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Gated Community, Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Basketball Court, Beach, Boat Facilities, Common Grounds/Area, Clubhouse, Golf, Gated, Home Owners Association, Lake, Playground, Park, Pond, Pool, Street Lights, Sports Field, Tennis Court(s), Trails/Paths
  • Association Fee: 1200.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Pool(s), Recreation Facilities, Road Maintenance, Snow Removal, Trash, Water Access

Schools

  • Middle Or Junior School: Fluvanna

Lot Info

  • Parcel Number: 18A-2-295
  • Zoning Description: R-4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1692.22
  • Tax Lot: 295

MLS Schools

  • Elementary School: Central
  • High School: Fluvanna

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2024
Closed on
Jul 15, 2024
Sold by
Sara Cocke V and Sara Nicole
Bought by
Nyberg David John
Seller's Agent
Courtney Moore
Real Broker LLC
Buyer's Agent
NON MLS USER MLS
NON MLS OFFICE
List Price
$325,000
Sold Price
$340,000
Premium/Discount to List
$15,000
4.62%
Views
35
Current Estimated Value
$365,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,996
Avg. Annual Appreciation
7.42%
Original Mortgage
$329,800
Outstanding Balance
$326,708
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$39,288

Purchase Details

Listed on
Apr 21, 2022
Closed on
May 19, 2022
Sold by
Guthrie Phyllis M
Bought by
Cocke Thomas Francis and Cocke Sara Nicole
Seller's Agent
Yonna Smith
YES REALTY PARTNERS
Buyer's Agent
CHRISTINA GRAHAM
AVENUE REALTY, LLC
List Price
$268,900
Sold Price
$268,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.42%
Original Mortgage
$255,455
Interest Rate
5.25%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $340,000 Chicago Title
Deed $268,900 New Title Company Name
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $329,800 New Conventional
Previous Owner $255,455 New Conventional
Previous Owner $74,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2024 07/26/24 Sold $340,000 +4.6% $207 / Sq Ft
06/25/2024 06/25/24 Pending -- -- --
06/21/2024 06/21/24 For Sale $325,000 +20.9% $198 / Sq Ft
05/27/2022 05/27/22 Sold $268,900 0.0% $164 / Sq Ft
04/26/2022 04/26/22 Pending -- -- --
04/21/2022 04/21/22 For Sale $268,900 -- $164 / Sq Ft
Source: Central Virginia Regional MLS

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 $2,030 $270,600 $30,000 $240,600
2024 $17 $200,500 $30,000 $170,500
2023 $1,692 $200,500 $30,000 $170,500
2022 $1,510 $173,600 $27,500 $146,100
2021 $1,510 $173,600 $27,500 $146,100
2020 $1,515 $163,800 $27,500 $136,300
2019 $1,515 $163,800 $27,500 $136,300
2018 $1,429 $157,500 $27,500 $130,000
2017 $1,429 $157,500 $27,500 $130,000
2016 $1,379 $150,400 $27,500 $122,900
2015 $1,302 $150,400 $27,500 $122,900
2014 $1,302 $147,900 $27,500 $120,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2415546

Central Virginia Regional MLS

APN: 18A-2-295