NOT LISTED FOR SALE

2597 Ridge Rd Palmyra, VA 22963

Estimated Value: $238,000 - $289,000

3 Beds
1.5 Baths
1,008 Sq Ft
$258/Sq Ft Est. Value

Last Sold September 08, 2023

Last sale price $240,000 $238 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,559/month

12 Days on Market

Highlights

  • Partially Wooded Lot
  • Concrete Block With Brick
  • Bathroom on Main Level
  • Front Porch
  • Living Room
  • 1-Story Property

About This Home

As of September 2023

Charming 3-bedroom, 1.5-bath starter home in a great location, less than 10 min to ZionCrossroads, 45 min to short pump and 25 min to Charlottesville. Owners have completed many updates including new flooring throughout, new dishwasher, new HVAC. The kitchen boasts new countertops and sink, making it a delightful space for cooking and gathering. The front porch was expanded and painted and most room/trim inside has a fresh coat of paint. They also added ceiling fans to every room and added a propane line for the fireplace. The property features two storage sheds, providing ample storage space, and a fully fenced backyard. The home does need a little bit more TLC on the interior but is priced accordingly.

Last Agent to Sell the Property

Mary Katherine King

LONG & FOSTER - CHARLOTTESVILLE License #0225192828 Listed on: 07/21/2023

LONG & FOSTER - CHARLOTTESVILLE

Last Buyer's Agent

Shann Whited

AVENUE REALTY, LLC License #0225033310

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,259

Year Built

  • Built in 1991

Lot Details

  • 2 Acre Lot
  • Partially Fenced Property
  • Partially Wooded Lot
  • Property is zoned A-1 Agricultural

Home Design

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

Interior Spaces

  • 1,008 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Crawl Space

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Formica Countertops

Flooring

  • Linoleum
  • Laminate

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Bathroom on Main Level
  • Primary bathroom on main floor

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Storage Shed
  • Front Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 20 14 4

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,259

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 1008
  • Design: Ranch
  • L V T Date: 07/21/2023
  • Parcel Number: 20 14 4
  • Price Per Sq Ft: 238.1
  • Property Excluded: Kids Play Structure
  • Property Included: Free Standing propane Fireplace
  • Total Sq Ft: 1008
  • Type of Construction: On Site Built
  • Zoning: A-1 Agricultural
  • Subdivision: NONE
  • Comments: Yes
  • Concatenated Rooms1: |Living Roo1|Kitchen1|Master Bed1|Master BTH1|Bedroom1|Bedroom1|Full Bath1|
  • Structures Deck Porch: Porch - Front, Porch - Rear
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Laundry: Dryer, Washer
  • Basement Type: Crawl
  • Room 1: Living Room,On Level: 1
  • Room 2: Kitchen,On Level: 1
  • Room 3: Master Bedroom,On Level: 1
  • Room 4: Master Bath,On Level: 1
  • Room 5: Bedroom,On Level: 1
  • Room 6: Bedroom,On Level: 1
  • Room 7: Full Bath,On Level: 1
  • Total Finished Sq Ft: 1008
  • Above Grade Finished Sq Ft: 1008
  • Foundation: Concrete Block
  • Kitchen Appliances Feat: Dishwasher, Electric Range, Microwave, Refrigerator
  • Kitchen Cabinets Counters: Formica Counter
  • Land Description: Nearly Level, Partly Wooded
  • Level: 1 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 1.5
  • Number of Main Level Bathrooms: 2
  • Number Beds: 3
  • Number Beds Main Level: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Room Types: Bedroom, Full Bath, Kitchen, Living Room, Master Bedroom
  • Room Types Level1: Bedroom (L1), Full Bath (L1), Kitchen (L1), Living Room (L1), Master Bedroom (L1)
  • Source of Sq Ft: Public Records

Exterior Features

  • Exterior: Vinyl
  • Number Of Acres: 2
  • Roof: Composition Shingle
  • Structure Floors: Laminate, Linoleum
  • Structure Window Ceiling: 8' Ceilings

Utilities

  • Cooling: Central AC
  • Heating: Central Heat
  • Cable Available: DSL, Fiber-Optic
  • Sewer/Septic System: Septic Tank
  • Water: Individual Well

Schools

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

Lot Info

  • Lot Features: Fenced Part, Public Road, Storage Shed

Building Info

  • Year Built: 1991

Tax Info

  • Year: 2022
  • Taxes: 1259.25

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2023
Closed on
Aug 16, 2023
Sold by
Searcy Judson Willard and Dickman Nicole Marie
Bought by
Thompson Joseph A and Thompson Robert L
Seller's Agent
Mary Katherine King
LONG & FOSTER - CHARLOTTESVILLE
Buyer's Agent
Shann Whited
AVENUE REALTY, LLC
List Price
$250,000
Sold Price
$240,000
Premium/Discount to List
-$10,000
-4%
Views
129
Current Estimated Value
$260,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,379
Avg. Annual Appreciation
3.85%
Original Mortgage
$140,000
Outstanding Balance
$137,217
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$121,055

Purchase Details

Closed on
Feb 12, 2020
Sold by
Stribling Lori Jones
Bought by
Searcy Judson Willard and Dickman Nicole Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,076
Interest Rate
3.5%
Mortgage Type
FHA
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
Thompson Joseph A $240,000 Chicago Title Insurance Compan
Searcy Judson Willard $116,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Joseph A $140,000
Previous Owner Searcy Judson Willard $50,400
Previous Owner Searcy Judson Willard $109,076
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2023 09/08/23 Sold $240,000 -4.0% $238 / Sq Ft
08/02/2023 08/02/23 Pending -- -- --
07/21/2023 07/21/23 For Sale $250,000 -- $248 / 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 $1,683 $224,400 $45,000 $179,400
2024 $1,259 $149,200 $45,000 $104,200
2023 $1,259 $149,200 $45,000 $104,200
2022 $1,131 $130,000 $42,500 $87,500
2021 $1,131 $130,000 $42,500 $87,500
2020 $1,195 $129,200 $42,500 $86,700
2019 $1,195 $129,200 $42,500 $86,700
2018 $1,089 $120,100 $42,500 $77,600
2017 $1,089 $120,100 $42,500 $77,600
2016 $1,100 $120,000 $42,500 $77,500
2015 $260 $120,000 $42,500 $77,500
2014 $260 $118,000 $42,500 $75,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 643946

Charlottesville area Association of Realtors®

APN: 20 14 4