NOT LISTED FOR SALE

2542 Ridge Rd Palmyra, VA 22963

Estimated Value: $212,000 - $281,000

1 Bed
1 Bath
780 Sq Ft
$330/Sq Ft Est. Value

Sale Details

Date Sold: May 17, 2022

Last sale price $225,000 $288 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,568 / mo

3 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Concrete Block With Brick
  • 1-Story Property
  • Granite Countertops
  • Kitchen Island
  • High Speed Internet

About This Home

As of May 2022

This wonderful cottage has everything a person truly needs. Perfect weekend getaway. Air B and B investment. Plenty of land for adding on and pre-framed when constructed to help make the project easier. Almost 4 acres. Oversized custom shed with electric hook-up in place. Garden spot and chicken coop. The overall size of the home makes it a little too large to classify it at a "tiny" home. The living area, bedroom and screen porch are all huge spaces. The kitchen is offers granite counter tops, stainless steel appliances and an oversized island area. Must see to appreciate all this home has to offer.

Last Agent to Sell the Property

Corven Flynn

AKARION REALTY License #0225091467 Listed on: 04/11/2022

Last Buyer's Agent

NONMLSAGENT NONMLSAGENT

NONMLSOFFICE

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,067

Year Built

  • Built in 2009

Lot Details

  • 3.9 Acre Lot

Home Design

  • Concrete Block With Brick

Interior Spaces

  • 780 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Range
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom
  • Primary bathroom on main floor

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Window Unit Cooling System
  • Heating System Uses Propane
  • Well
  • Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number TM 20-A-44

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,067

Year Built

Built in 2009

Lot Details

3.9 Acres

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 780
  • Design: Cottage, Craftsman
  • L V T Date: 04/11/2022
  • Parcel Number: TM 20-A-44
  • Price Per Sq Ft: 288.46
  • Property Included: Washer, Dryer and A/C window unit.
  • Total Sq Ft: 780
  • Type of Construction: On Site Built
  • Zoning: R Residential
  • Subdivision: NONE
  • Comments: Yes
  • Concatenated Rooms1: |
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Laundry: Dryer, Washer
  • Total Finished Sq Ft: 780
  • Above Grade Finished Sq Ft: 780
  • Foundation: Concrete Block
  • Kitchen Appliances Feat: Dishwasher, Electric Range, Island, Refrigerator
  • Kitchen Cabinets Counters: Granite
  • Level: 1 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 1
  • Number Beds: 1
  • Full Bathrooms: 1

Exterior Features

  • Number Of Acres: 3.9
  • Structure Deck Porch: Porch - Screened

Utilities

  • Cooling: Window Unit(s)
  • Heating: Electric, Propane
  • Cable Available: DSL
  • Sewer/Septic System: Septic Tank
  • Water: Individual Well

Building Info

  • Year Built: 2009

Tax Info

  • Year: 2021
  • Taxes: 1067

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2022
Closed on
May 4, 2022
Sold by
Corbin Cynthia L
Bought by
Seller's Agent
Corven Flynn
AKARION REALTY
Buyer's Agent
NONMLSAGENT NONMLSAGENT
NONMLSOFFICE
List Price
$199,900
Sold Price
$225,000
Premium/Discount to List
$25,100
12.56%
Current Estimated Value
$263,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,017
Avg. Annual Appreciation
3.13%
Original Mortgage
$202,500
Outstanding Balance
$188,261
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$68,817

Purchase Details

Closed on
Jan 15, 2008
Sold by
Bransom Helen L
Bought by
Corbin Cynthia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Interest Rate
6.25%
Mortgage Type
New Conventional
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$115,300 Old Republic National Title
Corbin Cynthia L $87,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $202,500
Previous Owner Corbin Cynthia L $115,000
Previous Owner Corbin Cynthia L $78,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/17/2022 05/17/22 Sold $225,000 +12.6% $288 / Sq Ft
04/14/2022 04/14/22 Pending -- -- --
04/11/2022 04/11/22 For Sale $199,900 -- $256 / Sq Ft
Source: Charlottesville area Association of Realtors®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $1,405 $186,100 $53,600 $132,500
2025 $1,396 $186,100 $53,600 $132,500
2024 $1,204 $142,700 $53,600 $89,100
2023 $1,204 $142,700 $53,600 $89,100
2022 $1,003 $115,300 $51,100 $64,200
2021 $1,003 $115,300 $51,100 $64,200
2020 $995 $107,600 $51,100 $56,500
2019 $995 $107,600 $51,100 $56,500
2018 $922 $101,700 $51,100 $50,600
2017 $922 $101,700 $51,100 $50,600
2016 $817 $89,100 $51,100 $38,000
2015 $815 $89,100 $51,100 $38,000
2014 $815 $92,600 $51,100 $41,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 628870

Charlottesville area Association of Realtors®

APN: 20-A-44

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