NOT LISTED FOR SALE

24 Old Homestead Cir Palmyra, VA 22963

Estimated Value: $381,000 - $439,829

3 Beds
2.5 Baths
3,113 Sq Ft
$132/Sq Ft Est. Value

Last Sold November 02, 2023

Last sale price $370,000 $119 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,525/month

54 Days on Market

Highlights

  • Water Views
  • Golf Course Community
  • Bar or Lounge
  • Beach
  • Community Boat Launch
  • 24-Hour Security

About This Home

As of November 2023

Beautiful home situated on an elevated lot. The large covered front porch offers in-season water views. Entrance foyer with sky lights and plentiful closet space. You will feel a relaxed and inviting environment. On your right is the large living room with faux fireplace which leads to the formal dining room with chair rail and crown molding, and don't forget to mention the beautiful bay window and built-in corner cabinets. The kitchen is next with garage access and adjoining breakfast room with built-in cabinet and laundry room with freezer, sink and exterior door to deck. The sunroom is open and bright with multiple windows and skylights. The first floor spacious master suite is just down the hall. It features large closets and attached master bathroom with walk-in tub. The walkout basement level has a large family room with gas log fireplace and built-in bookshelves, wet bar and two bedrooms. One bedroom is converted into a home office. Utility room is approximately 400 square feet of unfinished space. There is lot of potential to make use of this extra space. The exterior of the home is also inviting.

Last Agent to Sell the Property

JOSEPH GRIFFIN

REAL ESTATE III, INC. License #0225187014 Listed on: 07/13/2023

Last Buyer's Agent

Robert (Bob) Hughes

NEST REALTY GROUP License #0225038999

NEST REALTY GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,515

Year Built

  • Built in 1988

Lot Details

  • 0.32 Acre Lot
  • Elevated Lot
  • Mature Landscaping
  • Private Lot
  • Gentle Sloping Lot

HOA Fees

  • $104 Monthly HOA Fees

Home Design

  • Concrete Block With Brick
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Wet Bar
  • Ceiling height of 9 feet or more
  • Skylights
  • Recessed Lighting
  • Multiple Fireplaces
  • Fireplace With Glass Doors
  • Gas Log Fireplace
  • Insulated Windows
  • Double Hung Windows
  • Entrance Foyer
  • Family Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Sun or Florida Room
  • Utility Room
  • Water Views

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Bathroom on Main Level
  • Primary bathroom on main floor

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Fireplace in Basement
  • Basement Windows

Home Security

  • Fire and Smoke Detector
  • Flood Lights

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Automatic Garage Door Opener
  • Driveway

Outdoor Features

  • Deck
  • Playground
  • Front Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Propane
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 18A 2 195

Community Details

Overview

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

Amenities

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

Recreation

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

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,515

Year Built

Built in 1988

Lot Details

0

HOA Fees

$104 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 1779
  • Below Grade Total Sq Ft: 1779
  • Design: Ranch
  • Electricity: Elec Underground
  • L V T Date: 07/31/2023
  • Parcel Number: 18A 2 195
  • Price Per Sq Ft: 118.86
  • Property Included: All appliances convey with the purchase: Refrigerator, gas stove, wall microwave, dishwasher, washer/dryer, and freezer in laundry room. Most of the furniture and other items are for sale. Please inquire about which ones are of interest.
  • Total Sq Ft: 3758
  • Total Unfinished Sq Ft: 645
  • Type of Construction: On Site Built
  • Zoning: R Residential
  • Subdivision: LAKE MONTICELLO
  • Comments: Yes
  • Concatenated Rooms1: |Foyer1|Living Roo1|Dining Roo1|Kitchen1|Breakfast1|Laundry1|Sun Room1|Pri Bed1|Pri Bath1|Half Bath1|BedroomB|BedroomB|Full BathB|Family RooB|BarB|Utility RoB|
  • Current Animal Use: Domestic Pets
  • Structures Deck Porch: Deck, Porch - Front
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Unfinished Below Grade Sq Ft: 445
  • Fireplace: Gas Logs, Glassed-in, One
  • Laundry: Dryer, Large Sink, Washer
  • Basement Type: Finished, Full, Heated, Inside Access, Outside Entrance, Walk Out, Windows
  • Room 1: Foyer,On Level: 1
  • Room 2: Living Room,On Level: 1
  • Room 3: Dining Room,On Level: 1
  • Room 4: Kitchen,On Level: 1
  • Room 5: Breakfast Room,On Level: 1
  • Room 6: Laundry,On Level: 1
  • Room 7: Sun Room,On Level: 1
  • Room 8: Pri Bed,On Level: 1
  • Room 9: Pri Bath,On Level: 1
  • Room 10: Half Bath,On Level: 1
  • Room 11: Bedroom,On Level: Basement
  • Room 12: Bedroom,Hm Office,On Level: Basement
  • Room 13: Full Bath,On Level: Basement
  • Room 14: Family Room,On Level: Basement
  • Room 15: Bar,On Level: Basement
  • Room 16: Utility Room,On Level: Basement
  • Total Finished Sq Ft: 3113
  • Above Grade Finished Sq Ft: 1779
  • Basement: Yes
  • Bathroom: Attach Primary Bath
  • Below Grade Finished Sq Ft: 1334
  • Fireplace Location: Basement
  • Foundation: Concrete Block
  • Kitchen Appliances Feat: Dishwasher, Disposal, Double Oven, Gas Range, Island, Microwave, Pantry, Recessed Light, Refrigerator, Wall Oven
  • Kitchen Cabinets Counters: Maple Cabinets, Solid Surface Counter, Wood Cabinets
  • Land Description: Elevated, Gently Rolling, Landscaped, Private
  • Level: 1 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 2.5
  • Below Grade Bathrooms: 1
  • Number of Main Level Bathrooms: 1.32
  • Number Beds: 3
  • Number Beds Below Grade: 2
  • Number Beds Main Level: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Room Types: Bedroom, Breakfast Room, Dining Room, Family Room, Foyer, Full Bath, Half Bath, Kitchen, Laundry, Living Room, Master Bedroom, Sun Room, Utility Room
  • Room Types Level1: Breakfast Room (L1), Dining Room (L1), Foyer (L1), Half Bath (L1), Kitchen (L1), Laundry (L1), Living Room (L1), Master Bedroom (L1), Sun Room (L1)
  • Room Types Level B: Bedroom (LB), Family Room (LB), Full Bath (LB), Utility Room (LB)
  • Source of Sq Ft: Public Records

Exterior Features

  • Exterior: Vinyl
  • Number Of Acres: 0.32
  • Roof: Composition Shingle
  • Structure Features: MBr Sitting Area, Skylights, Wet Bar, Walk-in Closet
  • Structure Floors: Carpet, Vinyl
  • Structure Security: 24-hr Security, Smoke Detector(s)
  • Structure Window Ceiling: 9' Ceilings, Double-hung Windows, Insulated Windows, Tilt Sash Windows
  • View: Residential View, Water View, Wooded View
  • Yard: Flood Lights, Landscaped, Mature, Sunny

Garage/Parking

  • Garage: Yes
  • Unfinished Above Grade Garage: 200
  • Garage Features: Attached, Auto Door, Electricity, Faces Front, Windows
  • Number of Car Spaces: 1
  • Total Above Grade Garage: 200
  • Driveway Parking: Asphalt

Utilities

  • Cooling: Central AC, Heat Pump
  • Heating: Central Heat, Forced Air, Heat Pump, Propane
  • Cable Available: Cable, DSL, Fiber-Optic
  • Gas: Liquid Propane, Tank Rented
  • Security: Deadbolts, Security Force
  • Sewer/Septic System: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • HOA/COA Amenities: Bar/Lounge, Baseball Field, Basketball Court, Beach, Boat Launch, Clubhouse, Community Room, Golf, Lake, Meeting Room, Picnic Area, Play Area, Pool, Tennis
  • Association Setup Transfer Fee Type: $
  • Association Setup Transfer Fees: 850
  • Association Fee: HOA
  • Association Frequency: Annual
  • Association Includes: Area Maint, Beach, Boat Launch, Club House, Golf, Insurance, Master Ins. Policy, Play Area, Pool, Prof. Mgmt., Reserve Fund, Road Maint, Security Force, Snow Removal, Tennis, Trash Pickup
  • Association Fee: 1250

Schools

  • Other School: Private Schools

Lot Info

  • Lot Features: Private Road
  • Deed Book: 401
  • Deed Book Page: 333

Building Info

  • Year Built: 1988

Tax Info

  • Year: 2023
  • Taxes: 2515

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2023
Closed on
Oct 18, 2023
Sold by
Aarons Ianthia T
Bought by
Hislop Timothy and Hislop Chasity Lynn
Seller's Agent
JOSEPH GRIFFIN
REAL ESTATE III, INC.
Buyer's Agent
Robert (Bob) Hughes
NEST REALTY GROUP
List Price
$385,000
Sold Price
$370,000
Premium/Discount to List
-$15,000
-3.9%
Views
215
Current Estimated Value
$412,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,457
Avg. Annual Appreciation
5.61%
Original Mortgage
$351,500
Outstanding Balance
$344,679
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$67,778
Source: Public Records

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 Buyer Sale Price Title Company
Hislop Timothy $370,000 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hislop Timothy $351,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2023 11/02/23 Sold $370,000 0.0% $119 / Sq Ft
09/05/2023 09/05/23 Pending -- -- --
09/05/2023 09/05/23 Price Changed $370,000 -3.9% $119 / Sq Ft
08/22/2023 08/22/23 For Sale $385,000 0.0% $124 / Sq Ft
08/17/2023 08/17/23 Pending -- -- --
07/13/2023 07/13/23 For Sale $385,000 -- $124 / 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 $3,020 $402,700 $30,000 $372,700
2024 $25 $298,100 $30,000 $268,100
2023 $2,516 $298,100 $30,000 $268,100
2022 $2,225 $255,800 $27,500 $228,300
2021 $2,225 $255,800 $27,500 $228,300
2020 $2,152 $232,600 $27,500 $205,100
2019 $2,152 $232,600 $27,500 $205,100
2018 $2,034 $224,300 $27,500 $196,800
2017 $2,034 $224,300 $27,500 $196,800
2016 $2,046 $223,100 $27,500 $195,600
2015 $1,940 $223,100 $27,500 $195,600
2014 $1,940 $220,400 $27,500 $192,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 644270

Charlottesville area Association of Realtors®

APN: 18A-2-195