$475,000
SOLD AUG 16, 2024

20 Out of Bounds Rd Palmyra, VA 22963

4 Beds
2.5 Baths
2,528 Sq Ft
0.5 Acres

Recently Sold

$188 Per Sq Ft

6 Days on Market

Highlights

  • Boat Ramp
  • On Golf Course
  • Bar or Lounge
  • Beach
  • Golf Club
  • Community Lake

About This Home

As of August 2024

Welcome to this charming, golf front one-level home at Lake Monticello, perfectly situated on the 5th fairway. This spacious home features over 2500 square feet with 4 bedrooms PLUS a bonus room over the garage, ideal for an office or guest space. Upon entering, you're greeted by vaulted ceilings and skylights that fill the home with natural light and expansive hardwood floors. The family room to the rear boasts a gas fireplace flanked by built in book cases, and large picture window offering picturesque views of the lush green golf course. The owners bedroom suite is a peaceful retreat, separate from the other 3 bedrooms and features a private bathroom with 4 foot shower, huge walk in closet and French doors to the rear deck. Outside, enjoy the serene surroundings from the deck or unwind in the screened-in gazebo, perfect for relaxing or entertaining guests. The property also features an oversized 2-car garage, paved driveway, and low maintenance yard. Located in desirable Lake Monticello community, this home offers the perfect blend of comfort and elegance, with its scenic views and spacious layout. Don't miss the opportunity to make this beautiful house your new home!,Formica Counter,Painted Cabinets,Wood Cabinets,Fireplace in Family Room

Last Agent to Sell the Property

Tara Savage

KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE License #0225044570[2387]

KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE

Last Buyer's Agent

PEGGY SHANKLIN

LONG & FOSTER - LAKE MONTICELLO License #0225247109[8859]

LONG & FOSTER - LAKE MONTICELLO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,819

Year Built

  • Built in 1996

Lot Details

  • 0.5 Acre Lot
  • On Golf Course
  • Landscaped
  • Level Lot
  • Wooded Lot
  • Property is zoned R-4

HOA Fees

  • $107 Monthly HOA Fees

Home Design

  • Rambler Architecture
  • Block Foundation
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,528 Sq Ft Home
  • Property has 1 Level
  • Cathedral Ceiling
  • Gas Fireplace
  • Vinyl Clad Windows
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Bonus Room
  • Golf Course Views

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • En-Suite Bathroom
  • 2.5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Gate
  • Fire and Smoke Detector

Schools

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

Utilities

  • No Cooling
  • Air Source Heat Pump
  • Heating System Powered By Owned Propane

Community Details

Overview

  • Association fees include common area maintenance, insurance, management, reserve funds, road maintenance, snow removal, trash
  • Lake Monticello Subdivision
  • Community Lake

Amenities

  • Picnic Area
  • Clubhouse
  • Community Center
  • Meeting Room
  • Community Dining Room
  • Bar or Lounge

Recreation

  • Boat Ramp
  • Beach
  • Golf Club
  • Tennis Courts
  • Baseball Field
  • Soccer Field
  • Community Basketball Court
  • Community Playground
  • Community Pool

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,819

Year Built

Built in 1996

Lot Details

0

HOA Fees

$107 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Building Total Sq Ft: 3152.00
  • New Construction: No
  • Story List: Main
  • Year Built: 1996
  • Remarks Public: Welcome to this charming, golf front one-level home at Lake Monticello, perfectly situated on the 5th fairway. This spacious home features over 2500 square feet with 4 bedrooms PLUS a bonus room over the garage, ideal for an office or guest space. Upon entering, you're greeted by vaulted ceilings and skylights that fill the home with natural light and expansive hardwood floors. The family room to the rear boasts a gas fireplace flanked by built in book cases, and large picture window offering picturesque views of the lush green golf course. The owners bedroom suite is a peaceful retreat, separate from the other 3 bedrooms and features a private bathroom with 4 foot shower, huge walk in closet and French doors to the rear deck. Outside, enjoy the serene surroundings from the deck or unwind in the screened-in gazebo, perfect for relaxing or entertaining guests. The property also features an oversized 2-car garage, paved driveway, and low maintenance yard. Located in desirable Lake Monticello community, this home offers the perfect blend of comfort and elegance, with its scenic views and spacious layout. Don't miss the opportunity to make this beautiful house your new home!,Formica Counter,Painted Cabinets,Wood Cabinets,Fireplace in Family Room
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Washer/Dryer Hookups Only, Washer
  • Flooring Type: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Entry Level Bedroom, Primary Bath(s)
  • Window Features: Vinyl Clad
  • Fireplace Features: Gas/Propane
  • Fireplace: No
  • Wall Ceiling Types: Vaulted Ceilings, Cathedral Ceilings
  • Foundation Details: Block
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Kitchen, Family Room, Foyer, Laundry, Bonus Room, Full Bath, Half Bath, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2528
  • Living Area Sq Ft: 2528
  • Price Per Sq Ft: 187.90
  • Above Grade Finished Sq Ft: 2528
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 20

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Roof: Architectural Shingle
  • View: Golf Course
  • Water Oriented: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Heat Pump(s)
  • Cooling: No
  • Heating Fuel: Propane - Owned
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Security: Security System, Security Gate, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Internet Services: Cable

Condo/Co-op/Association

  • HOA Fees: 1288.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • Condo Co-Op Fee: 800.00
  • Condo Co-Op Fee Frequency: One Time
  • HOA Condo Co-Op Amenities: Beach, Tot Lots/Playground, Security, Tennis Courts, Bar/Lounge, Baseball Field, Basketball Courts, Boat Ramp, Club House, Community Center, Dining Rooms, Golf Club, Lake, Meeting Room, Picnic Area, Swimming Pool, Soccer Field
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Insurance, Management, Reserve Funds, Road Maintenance, Snow Removal, Trash
  • HOA: Yes

Schools

  • School District: FLUVANNA COUNTY PUBLIC SCHOOLS
  • Elementary School: CENTRAL
  • Middle School: FLUVANNA
  • High School: FLUVANNA
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121140888891
  • School District Source: Listing Agent
  • Elementary School: CENTRAL
  • High School: FLUVANNA
  • Middle Or Junior School: FLUVANNA

Lot Info

  • Lot Features: Landscaping, Level, Trees/Wooded, Sloping
  • Lot Size Acres: 0.50
  • Zoning: R-4
  • Zoning Description: Residential

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2818.96
  • Tax Year: 2022
  • Close Date: 08/16/2024

MLS Schools

  • School District Name: FLUVANNA COUNTY PUBLIC SCHOOLS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2024 08/16/24 Sold $475,000 0.0% $188 / Sq Ft
06/23/2024 06/23/24 Pending -- -- --
06/17/2024 06/17/24 For Sale $475,000 -- $188 / Sq Ft
Source: Bright MLS

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
2024 $28 $334,000 $55,000 $279,000
2023 $2,819 $334,000 $55,000 $279,000
2022 $2,439 $280,300 $50,000 $230,300
2021 $2,439 $280,300 $50,000 $230,300
2020 $2,496 $269,800 $50,000 $219,800
2019 $2,496 $269,800 $50,000 $219,800
2018 $2,525 $278,400 $50,000 $228,400
2017 $2,525 $278,400 $50,000 $228,400
2016 $2,150 $234,500 $35,000 $199,500
2015 $2,001 $234,500 $35,000 $199,500
2014 $2,001 $227,400 $35,000 $192,400
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $150,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $100,000 Purchase Money Mortgage
Previous Owner $30,000 Credit Line Revolving
Source: Public Records

Deed History

Date Type Sale Price Title Company
Deed $475,000 Sage Title
Bargain Sale Deed $310,400 None Available
Source: Public Records

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Source: Bright MLS

MLS Number: 654064

Bright MLS

APN: 18A 4 64