NOT LISTED FOR SALE

2 Cove Cir Palmyra, VA 22963

Estimated Value: $381,000 - $421,000

4 Beds
3 Baths
2,760 Sq Ft
$147/Sq Ft Est. Value

Last Sold November 30, 2023

Last sale price $360,000 $130 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,505/month

38 Days on Market

Highlights

  • Beach
  • Community Boat Launch
  • Newspaper Service
  • Golf Course Community
  • Bar or Lounge
  • Two Primary Bedrooms

About This Home

As of November 2023

Fantastic home with 2 master suites. Family room with fireplace and unique vaulted ceiling. Hardwood floors throughout the first floor. 4 bedrooms, 3 baths. One master bedroom has hardwood floors and balcony. The other has a large sitting area with attached bath. The eat in kitchen has a breakfast bar, granite counter tops, stainless steel appliances, and built-in pantry. Sunroom, deck , attached two car garage, and shed. This nicely landscaped home has a paved drive, concrete walkway, and coy pond.

Last Agent to Sell the Property

Vicki Wilson

MONTICELLO COUNTRY REAL ESTATE, INC. License #0225032365 Listed on: 09/28/2023

Last Buyer's Agent

ELAINE BELLEZZA

LONG & FOSTER - CHARLOTTESVILLE License #0225263652

LONG & FOSTER - CHARLOTTESVILLE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,900

Year Built

  • Built in 1988

Lot Details

  • 0.33 Acre Lot
  • Cul-De-Sac
  • Landscaped
  • Property is zoned R-4 Residential

HOA Fees

  • $103 Monthly HOA Fees

Home Design

  • Concrete Block With Brick
  • Cedar Siding

Interior Spaces

  • 1.5-Story Property
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Casement Windows
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Sun or Florida Room
  • Utility Room
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Primary bedroom located on second floor
  • Double Master Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Double Vanity
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Windows

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Outdoor Features

  • Deck
  • Storage Shed
  • Playground
  • Front Porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Community Sewer or Septic
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 18A 1 323

Community Details

Overview

  • Association fees include area maint, beach, club house, master ins. policy, play area, prof. mgmt., road maint, reserve fund, security force, snow removal, trash pickup
  • $855 HOA Transfer Fee
  • Lake Monticello Subdivision
  • Community Lake

Amenities

  • Newspaper Service
  • 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

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,900

Year Built

Built in 1988

Lot Details

0

HOA Fees

$103 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 1560
  • Below Grade Total Sq Ft: 1200
  • Design: Contemporary
  • Electricity: Elec Underground
  • L V T Date: 09/28/2023
  • Parcel Number: 18A 1 323
  • Price Per Sq Ft: 130.43
  • Property Included: Refrigerator, stove, microwave, dishwasher, clothes washer, clothes dryer
  • Total Sq Ft: 3192
  • Total Unfinished Sq Ft: 432
  • Type of Construction: On Site Built
  • Zoning: R-4 Residential
  • Subdivision: LAKE MONTICELLO
  • Comments: No
  • Concatenated Rooms1: |Living Roo1|Kitchen1|Dining Roo1|Full Bath1|Bedroom1|Bedroom1|Pri Bed2|Pri Bath2|Family RooB|Pri BedB|Pri BathB|Utility RoB|Sun Room1|
  • Current Animal Use: Domestic Pets
  • Structures Deck Porch: Deck, Porch, Porch - Front
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Property Details

  • Lot Improvements: Other Buildings

Interior Features

  • Fireplace: Gas Logs
  • Laundry: Dryer, Washer
  • Basement Type: Finished, 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: Full Bath,On Level: 1
  • Room 5: Bedroom,On Level: 1
  • Room 6: Bedroom,On Level: 1
  • Room 7: Pri Bed,On Level: 2
  • Room 8: Pri Bath,On Level: 2
  • Room 9: Family Room,On Level: Basement
  • Room 10: Pri Bed,On Level: Basement
  • Room 11: Pri Bath,On Level: Basement
  • Room 12: Utility Room,On Level: Basement
  • Room 13: Sun Room,On Level: 1
  • Total Finished Sq Ft: 2760
  • Above Grade Finished Sq Ft: 1560
  • Basement: Yes
  • Bathroom: 2 Attach Primary Baths, Separate Vanities
  • Below Grade Finished Sq Ft: 1200
  • Fireplace Location: Living Room
  • Foundation: Concrete Block
  • Kitchen Appliances Feat: Breakfast Bar, Dishwasher, Eat-in, Electric Range, Microwave, Pantry, Refrigerator
  • Kitchen Cabinets Counters: Granite, Wood Cabinets
  • Level: 1.5 Story
  • Bathrooms: 3
  • Below Grade Bathrooms: 0.82
  • Number of Main Level Bathrooms: 1
  • Number Beds: 4
  • Number Beds Below Grade: 1
  • Number Beds Main Level: 2
  • Full Bathrooms: 3
  • Room Types: Bedroom, Dining Room, Family Room, Full Bath, Kitchen, Living Room, Master Bedroom, Sun Room, Utility Room
  • Room Types Level1: Bedroom (L1), Dining Room (L1), Full Bath (L1), Kitchen (L1), Living Room (L1), Sun Room (L1)
  • Room Types Level2: Master Bedroom (L2+)
  • Room Types Level B: Family Room (LB), Master Bedroom (LB), Utility Room (LB)
  • Source of Sq Ft: Public Records

Exterior Features

  • Exterior: Cedar
  • Number Of Acres: 0.33
  • Roof: Architectural Style
  • Structure Features: Dual Vanities, Two Master Bedrooms, Whirlpool/Jetted Tub, Walk-in Closet
  • Structure Floors: Carpet, Ceramic Tile, Hardwood
  • Structure Security: Gated Community, Smoke Detector(s)
  • Structure Window Ceiling: Casement Windows, Vaulted/Cathedral Ceiling
  • Yard: Landscaped

Garage/Parking

  • Garage: Yes
  • Unfinished Above Grade Garage: 432
  • Garage Features: Attached, Electricity, Faces Front, Windows
  • Number of Car Spaces: 2
  • Total Above Grade Garage: 432
  • Driveway Parking: Asphalt

Utilities

  • Cooling: Central AC, Heat Pump
  • Heating: Heat Pump
  • Cable Available: Cable, Dish/Satellite, DSL, Fiber-Optic
  • Gas: Liquid Propane
  • Sewer/Septic System: Community Septic
  • Water: Community Water

Condo/Co-op/Association

  • HOA/COA Amenities: Bar/Lounge, Basketball Court, Baseball Field, Beach, Boat Launch, Clubhouse, Community Room, Golf, Lake, Meeting Room, Newspaper Svc, Picnic Area, Play Area, Pool, Soccer Field, Tennis, Volleyball
  • Association Setup Transfer Fee Type: $
  • Association Setup Transfer Fees: 855
  • Association Fee: HOA
  • Association Frequency: Annual
  • Association Includes: Area Maint, Beach, Club House, Master Ins. Policy, Play Area, Prof. Mgmt., Road Maint, Reserve Fund, Security Force, Snow Removal, Trash Pickup
  • Association Fee: 1239

Schools

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

Lot Info

  • Lot Features: Cul-de-sac, Private Gated Community, Private Road, Storage Shed

Building Info

  • Year Built: 1988

Tax Info

  • Year: 2023
  • Taxes: 2900

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2023
Closed on
Nov 16, 2023
Sold by
Molter Living Trust and Molter Steven E
Bought by
Mikeionin Alexander V and Nisnevich Anna
Seller's Agent
Vicki Wilson
MONTICELLO COUNTRY REAL ESTATE, INC.
Buyer's Agent
ELAINE BELLEZZA
LONG & FOSTER - CHARLOTTESVILLE
List Price
$389,000
Sold Price
$360,000
Premium/Discount to List
-$29,000
-7.46%
Views
214
Current Estimated Value
$406,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,482
Avg. Annual Appreciation
6.82%
Original Mortgage
$260,000
Outstanding Balance
$255,685
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$150,797

Purchase Details

Closed on
Jul 30, 2019
Sold by
Molter Steven E and Molter Patti W
Bought by
Molter Steven E and Patti W Molter
Source: Public Records

Range of Values:

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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
Mikeionin Alexander V $360,000 Stewart Title
Molter Steven E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mikeionin Alexander V $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2023 11/30/23 Sold $360,000 -7.5% $130 / Sq Ft
11/05/2023 11/05/23 Pending -- -- --
09/28/2023 09/28/23 For Sale $389,000 -- $141 / 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 $2,969 $395,900 $30,000 $365,900
2024 $26 $305,500 $30,000 $275,500
2023 $2,578 $305,500 $30,000 $275,500
2022 $2,337 $268,600 $27,500 $241,100
2021 $2,337 $268,600 $27,500 $241,100
2020 $2,314 $250,200 $27,500 $222,700
2019 $2,314 $250,200 $27,500 $222,700
2018 $2,187 $241,100 $27,500 $213,600
2017 $2,187 $241,100 $27,500 $213,600
2016 $2,091 $228,000 $27,500 $200,500
2015 $1,984 $228,000 $27,500 $200,500
2014 $1,984 $225,400 $27,500 $197,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 646113

Charlottesville area Association of Realtors®

APN: 18A-1-323