NOT LISTED FOR SALE

20 Possum Ln Palmyra, VA 22963

Estimated Value: $310,000 - $353,000

3 Beds
2 Baths
1,720 Sq Ft
$191/Sq Ft Est. Value

Last Sold August 30, 2023

Last sale price $289,000 $168 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,065/month

4 Days on Market

Highlights

  • Beach
  • Community Lake
  • Wood Burning Stove
  • Golf Course Community
  • Clubhouse
  • Multiple Fireplaces

About This Home

As of August 2023

This lovely home is located on a quiet cul-de-sac street in Lake Monticello and ready for new owners! Have peace of mind knowing the roof, HVAC, windows, and water heater are all less then 10 years old! Beautiful hardwood floors on the main level with a sunken living room featuring a wood stove which is also less than 10 years old. High vaulted ceilings with tons of natural light. Spacious bedrooms. Very private backyard. Upstairs washer and dryer which convey with the property.

Last Agent to Sell the Property

Sarah Monceaux

AVENUE REALTY, LLC License #0225235751 Listed on: 07/27/2023

Last Buyer's Agent

Brentney Moore - Kozuch

STORY HOUSE REAL ESTATE License #0225224138

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,876

Year Built

  • Built in 1985

Lot Details

  • 0.38 Acre Lot
  • Property is zoned R-4 Residential

HOA Fees

  • $92 Monthly HOA Fees

Home Design

  • Concrete Block With Brick

Interior Spaces

  • 1,720 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • Multiple Fireplaces
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Room

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Primary bathroom on main floor

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Playground

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number Tax Map# 18A 2 296

Community Details

Overview

  • $800 HOA Transfer Fee
  • Lake Monticello Subdivision
  • Community Lake

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Beach
  • Golf Course Community
  • Tennis Courts
  • Baseball Field
  • Community Basketball Court
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,876

Year Built

Built in 1985

Lot Details

0

HOA Fees

$92 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 1720
  • Design: Salt Box
  • L V T Date: 07/28/2023
  • Parcel Number: Tax Map# 18A 2 296
  • Price Per Sq Ft: 168.02
  • Property Included: All kitchen Appliances (Refrigerator, Dishwasher, Oven/Stove, Microwave) plus Washer & Dryer
  • Total Sq Ft: 1720
  • Type of Construction: On Site Built
  • Zoning: R-4 Residential
  • Subdivision: LAKE MONTICELLO
  • Comments: Yes
  • Concatenated Rooms1: |Foyer1|Bedroom1|Kitchen1|Dining Roo1|Living Roo1|Dining Roo1|Full Bath1|Master Bed2|Master BTH2|Laundry2|Bedroom2|
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: One, Wood Stove, Wood Burning
  • Laundry: Dryer, Washer
  • Room 1: Foyer,On Level: 1
  • Room 2: Bedroom,On Level: 1
  • Room 3: Kitchen,On Level: 1
  • Room 4: Dining Room,On Level: 1
  • Room 5: Living Room,On Level: 1
  • Room 6: Dining Room,On Level: 1
  • Room 7: Full Bath,On Level: 1
  • Room 8: Master Bedroom,On Level: 2
  • Room 9: Master Bath,On Level: 2
  • Room 10: Laundry,On Level: 2
  • Room 11: Bedroom,On Level: 2
  • Total Finished Sq Ft: 1720
  • Above Grade Finished Sq Ft: 1720
  • Fireplace Location: Living Room
  • Foundation: Concrete Block
  • Kitchen Appliances Feat: Dishwasher, Disposal, Electric Range, Microwave, Pantry, Recessed Light, Refrigerator
  • Kitchen Cabinets Counters: Formica Counter, Maple Cabinets
  • Level: 2 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 2
  • Number of Main Level Bathrooms: 1
  • Number Beds: 3
  • Number Beds Main Level: 1
  • Full Bathrooms: 2
  • Room Types: Bedroom, Dining Room, Foyer, Full Bath, Kitchen, Laundry, Living Room, Master Bedroom
  • Room Types Level1: Bedroom (L1), Dining Room (L1), Foyer (L1), Full Bath (L1), Kitchen (L1), Living Room (L1)
  • Room Types Level2: Bedroom (L2+), Laundry (L2+), Master Bedroom (L2+)
  • Source of Sq Ft: Public Records

Exterior Features

  • Number Of Acres: 0.38
  • Roof: Architectural Style

Utilities

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

Condo/Co-op/Association

  • HOA/COA Amenities: Basketball Court, Baseball Field, Beach, Clubhouse, Golf, Lake, Picnic Area, Play Area, Pool, Tennis
  • Association Setup Transfer Fee Type: $
  • Association Setup Transfer Fees: 800
  • Association Fee: HOA
  • Association Frequency: Monthly
  • Association Fee: 92

Schools

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

Building Info

  • Year Built: 1985

Tax Info

  • Year: 2022
  • Taxes: 1876

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2023
Closed on
Aug 9, 2023
Sold by
Lovdal Michael N and Lovdal Theresa J
Bought by
Reed Martinette Laura
Seller's Agent
Sarah Monceaux
AVENUE REALTY, LLC
Buyer's Agent
Brentney Moore - Kozuch
STORY HOUSE REAL ESTATE
List Price
$289,000
Sold Price
$289,000
Views
46
Current Estimated Value
$329,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,146
Avg. Annual Appreciation
6.29%
Original Mortgage
$279,354
Outstanding Balance
$273,769
Interest Rate
6.78%
Mortgage Type
FHA
Estimated Equity
$51,925

Purchase Details

Closed on
Mar 20, 2014
Sold by
Mack Investments Incorporated
Bought by
Lovdal Theresa J and Lovdal Michael N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,755
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2011
Sold by
Secretary Of Housing & Urban Development
Bought by
Mack Investments Inc

Purchase Details

Closed on
May 25, 2010
Sold by
Co Recon Trust Co Na and Co Algee Trustee Llc
Bought by
Co The Secretary Of Hsng & Urban Devel

Purchase Details

Closed on
Nov 9, 2006
Sold by
Stroup J Sutton
Bought by
Williamson James M and Williamson Cindy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,300
Interest Rate
8.49%
Mortgage Type
Assumption
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
Reed Martinette Laura $289,000 Fidelity National Title
Lovdal Theresa J $139,950 Stewart Title Guaranty Compa
Mack Investments Inc $81,771 Multiple
Co The Secretary Of Hsng & Urban Devel $232,593 None Available
Williamson James M $158,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reed Martinette Laura $279,354
Previous Owner Lovdal Theresa J $129,000
Previous Owner Lovdal Theresa J $142,755
Previous Owner Williamson James M $224,610
Previous Owner Williamson James M $223,300
Previous Owner Williamson James M $185,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2023 08/30/23 Sold $289,000 0.0% $168 / Sq Ft
07/31/2023 07/31/23 Pending -- -- --
07/27/2023 07/27/23 For Sale $289,000 -- $168 / 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 $2,156 $287,500 $30,000 $257,500
2024 $18 $213,800 $30,000 $183,800
2023 $1,804 $213,800 $30,000 $183,800
2022 $1,597 $183,600 $27,500 $156,100
2021 $1,597 $183,600 $27,500 $156,100
2020 $1,592 $172,100 $27,500 $144,600
2019 $1,592 $172,100 $27,500 $144,600
2018 $1,489 $164,200 $27,500 $136,700
2017 $1,489 $164,200 $27,500 $136,700
2016 $1,446 $157,700 $27,500 $130,200
2015 $1,292 $157,700 $27,500 $130,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 644155

Charlottesville area Association of Realtors®

APN: 18A-2-296