NOT LISTED FOR SALE

23 Acre Ln Palmyra, VA 22963

Estimated Value: $556,000 - $615,000

3 Beds
2.5 Baths
3,306 Sq Ft
$179/Sq Ft Est. Value

Last Sold October 28, 2021

Last sale price $431,000 $130 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,589/month

10 Days on Market

Highlights

  • Waterfront
  • Pond
  • Wood Flooring
  • 1 Acre Lot
  • Multiple Fireplaces
  • Granite Countertops

About This Home

As of October 2021

A MUST SEE HOME At "The Acres"! Amazing All Year POND Views to Let You Enjoy All Of Nature's Wildlife ~ Lovingly Cared-For Custom-Built Home Offers the Best Of Many Worlds ~ Luxurious, Comfortable One-Level Living on Partly Finished Walk-Out Basement ~ Open Floor Plan w/ Vaulted Ceiling ~ Spacious Gourmet Eat-in Kitchen w/ 6 Burner Gas Range, Wall Oven, Large Walk-In Pantry, Access To Screened Porch & Lg. Rear Deck Overlooking the Pond ~ Light-Filled Great Room w/Gas FP ~ Luxury 1st FLOOR Owner's Suite Accesses Large Rear Deck & Overlooks Pond w/ Well-Kept Trees on Three Sides to Enhance Privacy ~ Spacious Loft Could be Used as Bedroom or Office ~ Let Your Mind Wander on the Peaceful Screened Porch w/Amazing Pond Views or Snuggle Up to the Stone Gas Log Fireplace ~ Lake Monticello Community Offers Many Activities and Amenities ~ This Home Offers SO MUCH!

Last Agent to Sell the Property

Keith Smith

YES REALTY PARTNERS License #0225194856 Listed on: 09/16/2021

Co-Listed By

Yonna Smith

YES REALTY PARTNERS License #0225052201

Last Buyer's Agent

Cindy Taylor

RE/MAX REALTY SPECIALISTS-CHARLOTTESVILLE License #0225240927

RE/MAX REALTY SPECIALISTS-CHARLOTTESVILLE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,504

Year Built

  • Built in 2014

Lot Details

  • 1 Acre Lot
  • Waterfront
  • Property is zoned R-4 Residential

HOA Fees

  • $92 Monthly HOA Fees

Parking

  • Carport

Home Design

  • Concrete Block With Brick
  • Composition Shingle Roof

Interior Spaces

  • 1-Story Property
  • Multiple Fireplaces
  • Gas Fireplace
  • Low Emissivity Windows
  • Double Hung Windows
  • Living Room with Fireplace
  • Partially Finished Basement
  • Walk-Out Basement
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Primary bathroom on main floor
  • Double Vanity

Outdoor Features

  • Pond

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include beach, boat launch, club house, golf, play area, pool, prof. mgmt., reserve fund, road maint, security force, snow removal, tennis, trash pickup
  • $850 HOA Transfer Fee
  • Lake Monticello Subdivision

Listing and Financial Details

  • Assessor Parcel Number 18A 11A 12

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,504

Year Built

Built in 2014

Lot Details

0

HOA Fees

$92 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 2334
  • Below Grade Total Sq Ft: 1556
  • L V T Date: 09/24/2021
  • Parcel Number: 18A 11A 12
  • Price Per Sq Ft: 130.37
  • Total Sq Ft: 3890
  • Total Unfinished Sq Ft: 584
  • Type of Construction: On Site Built
  • Zoning: R-4 Residential
  • Subdivision: LAKE MONTICELLO
  • Comments: Yes
  • Concatenated Rooms1: |
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Unfinished Below Grade Sq Ft: 584
  • Fireplace: Gas, One
  • Laundry: Dryer Hookup, Washer Hookup
  • Basement Type: Inside Access, Partly Finished, Walk Out
  • Total Finished Sq Ft: 3306
  • Above Grade Finished Sq Ft: 2334
  • Basement: Yes
  • Below Grade Finished Sq Ft: 972
  • Fireplace Location: Living Room
  • Foundation: Concrete Block
  • Kitchen Appliances Feat: Dishwasher, Disposal, Eat-in, Gas Range, Microwave, Pantry, Refrigerator, Wall Oven
  • Kitchen Cabinets Counters: Granite, Wood Cabinets
  • Land Description: Water Front
  • Level: 1 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 2.5
  • Number Beds: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Source of Sq Ft: Public Records

Exterior Features

  • Exterior: Fiber Cement
  • Number Of Acres: 1
  • Roof: Architectural Style, Composition Shingle
  • Structure Deck Porch: Deck, Porch - Front, Porch - Screened
  • Structure Features: Dual Vanities, Walk-in Closet
  • Structure Floors: Ceramic Tile, Hardwood
  • Structure Window Ceiling: Double-hung Windows, Low-E Windows, Tilt Sash Windows
  • Water Property: Pond / Lake

Garage/Parking

  • Garage Features: Carport

Utilities

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

Condo/Co-op/Association

  • Association Setup Transfer Fee Type: $
  • Association Setup Transfer Fees: 850
  • Association Fee: HOA
  • Association Frequency: Monthly
  • Association Includes: Beach, Boat Launch, Club House, Golf, Play Area, Pool, Prof. Mgmt., Reserve Fund, Road Maint, Security Force, Snow Removal, Tennis, Trash Pickup
  • Association Fee: 92

Building Info

  • Year Built: 2014

Tax Info

  • Year: 2021
  • Taxes: 3504

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2021
Closed on
Oct 15, 2021
Sold by
Coleman Peter W and Joy Billie
Bought by
Smith Family Trust
Seller's Agent
Keith Smith
YES REALTY PARTNERS
Buyer's Agent
Cindy Taylor
RE/MAX REALTY SPECIALISTS-CHARLOTTESVILLE
List Price
$425,000
Sold Price
$431,000
Premium/Discount to List
$6,000
1.41%
Current Estimated Value
$601,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,345
Avg. Annual Appreciation
7.79%
Original Mortgage
$409,450
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 2014
Sold by
Beebe Brian Douglas and Beebe Cheryl Settlemyer
Bought by
Coleman Peter W and Coleman Billie Joy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Smith Family Trust $431,000 Tucker Griffin Barnes Pc
Smith Family Trust $431,000 Old Republic National Title
Coleman Peter W $60,000 Stewart Title Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Family Trust $409,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2021 10/28/21 Sold $431,000 +1.4% $130 / Sq Ft
09/26/2021 09/26/21 Pending -- -- --
09/16/2021 09/16/21 For Sale $425,000 -- $129 / 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 $4,498 $599,700 $33,000 $566,700
2024 $3,917 $464,100 $33,000 $431,100
2023 $3,917 $464,100 $33,000 $431,100
2022 $3,449 $396,400 $30,000 $366,400
2021 $3,449 $396,400 $30,000 $366,400
2020 $3,371 $364,400 $30,000 $334,400
2019 $3,371 $364,400 $30,000 $334,400
2018 $3,145 $346,800 $30,000 $316,800
2017 $3,145 $346,800 $30,000 $316,800
2016 $3,117 $339,900 $30,000 $309,900
2015 $264 $339,900 $30,000 $309,900
2014 $264 $30,000 $30,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 622214

Charlottesville area Association of Realtors®

APN: 18A-11A-12