Seller's Agent in 2025
PEGGY SHANKLIN
LONG & FOSTER - LAKE MONTICELLO
(434) 962-2762
80 in this area
104 Total Sales
26 Out of Bounds Rd Palmyra, VA 22963
4
Beds
3.5
Baths
2,456
Sq Ft
0.54
Acres
Highlights
- Boat Ramp
- On Golf Course
- Bar or Lounge
- Beach
- Golf Club
- Community Lake
About This Home
As of June 2025Golf Course! Level -acre golf course lot on a desirable cul-de-sac street with stunning views of the 5th fairway. This beautifully refinished home offers move-in ready luxury with a layout perfect for modern living. Enjoy the ease of main-level living, featuring spacious, light-filled rooms, an oversized garage, large laundry room, and generous storage. Professionally redesigned by a designer, this home blends style and functionality throughout. Step out onto the back deck?your private oasis for outdoor entertaining with serene golf course views. The walkout lower-level suite includes a living room, 2 bedrooms, and a full bath?ideal for guests, in-laws, or multigenerational living. Recent upgrades include a new roof, appliances, flooring, paint, lighting, plumbing fixtures, and more. A pre-listing home inspection report is available for added peace of mind. Don?t miss this rare opportunity to own a stunning home in one of the community?s most desirable locations. Schedule your private showing today!,Granite Counter,Wood Cabinets,Fireplace in Family Room
Last Agent to Sell the Property
(434) 962-2762 peggy.shanklin@LNF.com LONG & FOSTER - LAKE MONTICELLO License #0225247109[8859] Listed on: 04/09/2025
Last Buyer's Agent
(434) 981-6669 maggiemacinnisre3@gmail.com REAL ESTATE III, INC. License #0225213339[4505]
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,023
Year Built
- Built in 1995
Lot Details
- 0.54 Acre Lot
- On Golf Course
- Sloped Lot
HOA Fees
- $122 Monthly HOA Fees
Home Design
- Rambler Architecture
- Block Foundation
- Architectural Shingle Roof
- Wood Siding
- Vinyl Siding
Interior Spaces
- Property has 1 Level
- Fireplace With Glass Doors
- Gas Fireplace
- Entrance Foyer
- Family Room
- Living Room
- Dining Room
Flooring
- Carpet
- Tile or Brick
Bedrooms and Bathrooms
- 3.5 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Partially Finished Basement
- Heated Basement
- Walk-Out Basement
- Interior and Exterior Basement Entry
- Basement Windows
Home Security
- Home Security System
- Security Gate
- Fire and Smoke Detector
Schools
- Central Elementary School
- Fluvanna Middle School
- Fluvanna High School
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Heating System Powered By Owned Propane
Community Details
Overview
- Association fees include common area maintenance, management, reserve funds, road maintenance, snow removal, trash
- Lmoa HOA
- Lake Monticello Subdivision
- Community Lake
Amenities
- Picnic Area
- Clubhouse
- Community Center
- Meeting Room
- Community Dining Room
- Art Studio
- Community Library
- Bar or Lounge
Recreation
- Boat Ramp
- Beach
- Golf Club
- Tennis Courts
- Baseball Field
- Soccer Field
- Community Basketball Court
- Volleyball Courts
- Community Playground
- Community Pool
- Jogging Path
Security
- Security Service
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 9, 2025
Closed on
May 27, 2025
Sold by
Teague Lonnie G and Teague Janice M
Bought by
Lumpkin Diane
Seller's Agent
PEGGY SHANKLIN
LONG & FOSTER - LAKE MONTICELLO
Buyer's Agent
MAGGIE MacINNIS
REAL ESTATE III, INC.
List Price
$575,000
Sold Price
$585,000
Premium/Discount to List
$10,000
1.74%
Views
9
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,264
Avg. Annual Appreciation
-14.77%
Original Mortgage
$522,500
Outstanding Balance
$522,055
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$36,447
Purchase Details
Listed on
Jun 21, 2023
Closed on
Aug 14, 2023
Sold by
Carr Roger B and Carr Carol T
Bought by
Teague Lonnie G and Teague Janice M
Seller's Agent
PEGGY SHANKLIN
LONG & FOSTER - LAKE MONTICELLO
Buyer's Agent
Diane Miller
LONG & FOSTER - LAKE MONTICELLO
List Price
$435,000
Sold Price
$410,000
Premium/Discount to List
-$25,000
-5.75%
Views
150
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.83%
Original Mortgage
$328,000
Interest Rate
6.81%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 10, 2012
Sold by
Dicristofalo Karen M and Bjorkfelt Donald H
Bought by
Spitler Bing G and Spitler Joyce A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,500
Interest Rate
3.91%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 20, 2008
Sold by
Prince Elio E and Prince Arlene E
Bought by
Carr Roger B and Carr Carol T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,000
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $585,000 | Old Republic National Title | |
| Warranty Deed | $410,000 | Title Resource Guaranty Compan | |
| Deed | $200,000 | Chicago Title Ins Co | |
| Bargain Sale Deed | $345,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $522,500 | New Conventional | |
| Previous Owner | $328,000 | New Conventional | |
| Previous Owner | $272,500 | New Conventional | |
| Previous Owner | $34,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/04/2025 06/04/25 | Sold | $585,000 | +1.7% | $238 / Sq Ft |
| 04/19/2025 04/19/25 | Pending | -- | -- | -- |
| 04/09/2025 04/09/25 | For Sale | $575,000 | +40.2% | $234 / Sq Ft |
| 08/17/2023 08/17/23 | Sold | $410,000 | -5.7% | $167 / Sq Ft |
| 07/28/2023 07/28/23 | Pending | -- | -- | -- |
| 06/21/2023 06/21/23 | For Sale | $435,000 | -- | $177 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $3,578 | $477,000 | $55,000 | $422,000 |
| 2024 | $31 | $369,200 | $55,000 | $314,200 |
| 2023 | $3,116 | $369,200 | $55,000 | $314,200 |
| 2022 | $2,746 | $315,600 | $50,000 | $265,600 |
| 2021 | $2,746 | $315,600 | $50,000 | $265,600 |
| 2020 | $2,815 | $304,300 | $50,000 | $254,300 |
| 2019 | $2,815 | $304,300 | $50,000 | $254,300 |
| 2018 | $2,885 | $318,100 | $50,000 | $268,100 |
| 2017 | $2,885 | $318,100 | $50,000 | $268,100 |
| 2016 | $2,327 | $253,800 | $35,000 | $218,800 |
| 2015 | $2,200 | $253,800 | $35,000 | $218,800 |
| 2014 | $2,200 | $250,000 | $35,000 | $215,000 |
Source: Public Records
Agents Affiliated with this Home
-
PEGGY SHANKLIN
-
MAGGIE MacINNIS
Buyer's Agent in 2025
MAGGIE MacINNIS
REAL ESTATE III, INC.
(434) 981-6669
15 in this area
40 Total Sales
-
Diane Miller
Buyer's Agent in 2023
Diane Miller
LONG & FOSTER - LAKE MONTICELLO
(434) 960-5856
68 in this area
101 Total Sales
Map
Source: Bright MLS
MLS Number: 662959
APN: 18A 4 67
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