NOT LISTED FOR SALE

24 Possum Ln Palmyra, VA 22963

Estimated Value: $546,000 - $592,000

5 Beds
3.5 Baths
3,805 Sq Ft
$151/Sq Ft Est. Value

Last Sold May 27, 2021

Last sale price $400,000 $105 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,451/month

12 Days on Market

Highlights

  • Water Views
  • Golf Course Community
  • Gated Community
  • Beach
  • Community Boat Launch
  • Community Lake

About This Home

As of May 2021

Beautiful 5 bedroom home at the end of a cul-de-sac at Lake Monticello with seasonal water views! Main level features formal dining room, spacious eat-in kitchen open to fantastic family room and separate home office/guest room. Kitchen is spacious, with plentiful cabinet & counter space a double oven and separate cook top, pantry and huge breakfast bar! 5 bedrooms upstairs including relaxing master suite with walk-in closet and attached master bath. Second floor also features 2nd full bath and laundry room. Terrace level has large rec room, bonus room, additional full bath and extra storage area. Terrace level walks out to great, nearly level back yard. All located at the end of a wonderful cul-de-sac convenient to main gate/beach/recreation areas. Many recent updates to include: New 80 gallon water heater 5/17; Refrigerator 9/17; New 2nd floor HVAC 6/18; Main level HW floors refinished 7/20; 2 BR carpets replaced w/floating floor 8/20; Main/lower level HVAC system replaced 2/21; main level & halls freshly repainted.

Last Agent to Sell the Property

Jen Sample

LONG & FOSTER - LAKE MONTICELLO License #0225098306 Listed on: 04/02/2021

LONG & FOSTER - LAKE MONTICELLO

Last Buyer's Agent

Robert (Bob) Hughes

NEST REALTY GROUP License #0225038999

NEST REALTY GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,083

Year Built

  • 2006

Lot Details

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

HOA Fees

  • $94 Monthly HOA Fees

Home Design

  • Brick Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Central Vacuum
  • Multiple Fireplaces
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Dining Room
  • Library
  • Recreation Room
  • Bonus Room
  • Water Views
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Electric Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Finished Basement

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

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Automatic Garage Door Opener

Eco-Friendly Details

  • Green Features

Outdoor Features

  • Playground
  • Rain Gutter Guard System

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Programmable Thermostat
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 18A 2 298

Community Details

Overview

  • Association fees include area maint, beach, master ins. policy, play area, prof. mgmt., reserve fund, road maint, security force, snow removal, trash pickup
  • $800 HOA Transfer Fee
  • Community Lake

Amenities

  • Picnic Area
  • Clubhouse
  • Community Center
  • Meeting Room
  • Community Dining Room

Recreation

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

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,083

Year Built

2006

Lot Details

0

HOA Fees

$94 per month

Listing Details

  • Class: Residential
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 2717
  • Animal: Domestic Pets
  • Below Grade Total Sq Ft: 1288
  • Design: Colonial
  • Electricity: Elec Underground
  • L V T Date: 04/02/2021
  • Parcel Number: 18A 2 298
  • Price Per Sq Ft: 105.12
  • Property Excluded: Washer, Dryer
  • Property Included: Double oven, Refrigerator, Dishwasher, Range, Projector in basement, central vac equipment.
  • Total Sq Ft: 4605
  • Total Unfinished Sq Ft: 800
  • Type of Construction: On Site Built
  • Zoning: R-4 Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2006

Interior Features

  • Unfinished Below Grade Sq Ft: 200
  • Fireplace: Gas Logs, One
  • Laundry: Dryer Hookup, Washer Hookup
  • Basement Type: Finished, Full, Heated, Inside Access, Outside Entrance, Walk Out
  • Room 1: Foyer, On Level: 1
  • Room 2: Study/Library, On Level: 1
  • Room 3: Dining Room, On Level: 1
  • Room 4: Family Room, On Level: 1
  • Room 5: Kitchen, On Level: 1
  • Room 6: Half Bath, On Level: 1
  • Room 7: Master Bedroom, On Level: 2
  • Room 8: Master Bath, On Level: 2
  • Room 9: Bedroom, On Level: 2
  • Room 10: Bedroom, On Level: 2
  • Room 11: Bedroom, On Level: 2
  • Room 12: Full Bath, On Level: 2
  • Room 13: Rec Room, On Level: Basement
  • Room 14: Full Bath, On Level: Basement
  • Room 15: Bonus Room, On Level: Basement
  • Room 16: Laundry, On Level: 2
  • Total Finished Sq Ft: 3805
  • Above Grade Finished Sq Ft: 2717
  • Basement: Yes
  • Bathroom: Attach Mstr Bath
  • Below Grade Finished Sq Ft: 1088
  • Fireplace Location: Family Room
  • Foundation: Brick
  • Kitchen Appliances Feat: Breakfast Bar, Dishwasher, Disposal, Double Oven, Eat-In, Pantry, Refrigerator, Wall Oven, Electric Cooktop
  • Land Description: Nearly Level
  • Level: 2 Story
  • Bathrooms: 3.5
  • Below Grade Bathrooms: 1
  • Number of Main Level Bathrooms: 0.5
  • Number Beds: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Room Types: Bedroom, Bonus Room, Dining Room, Family Room, Foyer, Full Bath, Half Bath, Kitchen, Laundry, Master Bedroom, Rec Room, Study/Library
  • Room Types Level1: Breakfast Room (L1), Dining Room (L1), Family Room (L1), Foyer (L1), Half Bath (L1), Home Office (L1), Kitchen (L1), Study/Library (L1)
  • Room Types Level2: Bedroom (L2+), Full Bath (L2+), Laundry (L2+), Master Bedroom (L2+), Master Bathroom (L2+)
  • Room Types Level B: Bonus Room (LB), Full Bath (LB), Rec Room (LB)
  • Source of Sq Ft: Public Records

Exterior Features

  • Exterior: Vinyl
  • Number Of Acres: 0.5
  • Structure Deck Porch: Deck, Porch, Porch - Front
  • Structure Features: Central Vacuum, Walk-In Closet
  • Structure Floors: Carpet, Hardwood, Vinyl
  • Structure Security: Gated Community, Smoke Detector(s)
  • Structure Window Ceiling: Screens
  • View: Residential View, Water View
  • Yard: Nearly Level

Garage/Parking

  • Garage: Yes
  • Unfinished Above Grade Garage: 600
  • Garage Features: Attached, Auto Door, Faces Front
  • Number of Car Spaces: 2
  • Total Above Grade Garage: 600

Utilities

  • Cooling: Central Ac, Heat Pump
  • Heating: Central Heat, Electric, Heat Pump
  • Cable Available: Cable
  • Security: Security Force
  • Sewer/Septic System: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • HOA/COA Amenities: Baseball Field, Basketball Court, Beach, Boat Launch, Clubhouse, Community Room, Dining Rooms, Golf, Lake, Meeting Room, Picnic Area, Play Area, Pool, Soccer Field, Tennis
  • Association Setup Transfer Fee Type: $
  • Association Setup Transfer Fees: 800
  • Association Fee: Hoa
  • Association Frequency: Annual
  • Association Includes: Area Maint, Beach, Master Ins. Policy, Play Area, Prof. Mgmt., Reserve Fund, Road Maint, Security Force, Snow Removal, Trash Pickup
  • Association Fee: 1130

Schools

  • Other School: FUMA, Carysbrook

Green Features

  • Green Exterior: Gutter Guard System
  • Green Features: Yes
  • Green Other: Programmable Thermostat

Lot Info

  • Lot Features: Cul-De-Sac, Private Gated Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2021
Closed on
May 19, 2021
Sold by
Estes Philip F and Estes Margaret E
Bought by
Huff Scott C and Huff Megan Elizabeth
Seller's Agent
Jen Sample
LONG & FOSTER - LAKE MONTICELLO
Buyer's Agent
Robert (Bob) Hughes
NEST REALTY GROUP
List Price
$425,000
Sold Price
$400,000
Premium/Discount to List
-$25,000
-5.88%
Current Estimated Value
$573,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,557
Avg. Annual Appreciation
8.50%
Original Mortgage
$380,000
Outstanding Balance
$343,836
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$229,721

Purchase Details

Closed on
Apr 20, 2006
Sold by
Medallion Enterprises Llc
Bought by
Estes Philip F and Estes Margaret E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2005
Sold by
Caggiano Vincent and Caggiano Diane
Bought by
Co Medallion Enterprises Llc
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
Huff Scott C $400,000 Old Republic National Title
Estes Philip F $404,365 None Available
Co Medallion Enterprises Llc $80,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huff Scott C $380,000
Previous Owner Estes Philip F $102,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2021 05/27/21 Sold $400,000 -5.9% $105 / Sq Ft
04/14/2021 04/14/21 Pending -- -- --
04/02/2021 04/02/21 For Sale $425,000 -- $112 / 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 $4,083 $544,400 $30,000 $514,400
2024 $34 $403,400 $30,000 $373,400
2023 $3,405 $403,400 $30,000 $373,400
2022 $2,998 $344,600 $27,500 $317,100
2021 $2,998 $344,600 $27,500 $317,100
2020 $2,929 $316,700 $27,500 $289,200
2019 $2,929 $316,700 $27,500 $289,200
2018 $2,742 $302,300 $27,500 $274,800
2017 $2,742 $302,300 $27,500 $274,800
2016 $2,720 $296,600 $27,500 $269,100
2015 $2,539 $296,600 $27,500 $269,100
2014 $2,539 $288,500 $27,500 $261,000
Source: Public Records

Agents Affiliated with this Home

  • Jen Sample

    Seller's Agent in 2021

    Jen Sample

    LONG & FOSTER - LAKE MONTICELLO

    (703) 463-0182

    53 in this area

    94 Total Sales

    Jen Sample
    Section Image
  • Robert (Bob) Hughes

    Buyer's Agent in 2021

    Robert (Bob) Hughes

    NEST REALTY GROUP

    (434) 989-3592

    7 in this area

    185 Total Sales

    Robert (Bob) Hughes
    Section Image
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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 615617

Charlottesville area Association of Realtors®

APN: 18A 2 298

Virginia Fluvanna County Palmyra 22963

24 Possum Ln, Palmyra, VA

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