NOT LISTED FOR SALE

29 Begum Rd Palmyra, VA 22963

Estimated Value: $342,000 - $430,000

4 Beds
2.5 Baths
2,028 Sq Ft
$194/Sq Ft Est. Value

Last Sold April 19, 2023

Last sale price $349,900 $173 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,436/month

3 Days on Market

Highlights

  • Beach
  • Community Boat Launch
  • Gated Community
  • Golf Course Community
  • Bar or Lounge
  • Community Lake

About This Home

As of April 2023

This home you have been dreaming of is finally here! Welcome to 29 Begum Rd at Lake Monticello. You will fall in love with this well maintained home. Walk into the main level with hardwood floors throughout. You can entertain your guest with an open concept layout between your family room with a gas burning fireplace and your eat-in kitchen with stainless steel appliances. The master bedroom is located on the main level with an easy walk-in shower. The laundry is located conveniently on the main floor. Upstairs you have an oversized bonus room/playroom and 3 bedrooms. Enter your back yard with a deck for entertaining and enjoy your backyard oasis. Enjoy your own stream and a bridge that leads to your own jungle gym and play area. You will be just a short walk to Lafayette Park for tennis, basketball and more!

Last Agent to Sell the Property

Maggie Gunnels Fornecker

LONG & FOSTER - LAKE MONTICELLO License #0225265900 Listed on: 03/02/2023

LONG & FOSTER - LAKE MONTICELLO

Last Buyer's Agent

Kerry Griggs

KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE License #0225231870

KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,104

Year Built

  • Built in 2003

Lot Details

  • 0.39 Acre Lot
  • Partially Fenced Property
  • Landscaped
  • Native Plants
  • Cleared Lot
  • Partially Wooded Lot
  • Private Yard
  • Property is zoned R-4 Residential

HOA Fees

  • $92 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Concrete Block With Brick
  • Vinyl Siding

Interior Spaces

  • 2,028 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • Multiple Fireplaces
  • Gas Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Room
  • Bonus Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Formica Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Bathroom on Main Level
  • Primary bathroom on main floor
  • Double Vanity

Laundry

  • Laundry Room
  • Dryer
  • Washer

Eco-Friendly Details

  • Green Features

Outdoor Features

  • Deck
  • Patio
  • Storage Shed
  • Playground
  • Front Porch

Schools

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

Utilities

  • Heat Pump System
  • Fiber Optics Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 18A 5 399

Community Details

Overview

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

Amenities

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

Recreation

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

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,104

Year Built

Built in 2003

Lot Details

0

HOA Fees

$92 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 2028
  • Design: Colonial
  • Electricity: Elec Underground
  • L V T Date: 03/02/2023
  • Parcel Number: 18A 5 399
  • Price Per Sq Ft: 172.53
  • Property Excluded: Freezer in the shed
  • Property Included: Kitchen appliances, washer, dryer, playground, firepit, front porch swing is negotiable, piano can convey
  • Total Sq Ft: 2028
  • Type of Construction: On Site Built
  • Zoning: R-4 Residential
  • Subdivision: LAKE MONTICELLO
  • Comments: Yes
  • Concatenated Rooms1: |Foyer1|Living Roo1|Kitchen1|Dining Roo1|Half Bath1|Laundry1|Master Bed1|Master BTH1|Bedroom2|Bedroom2|Bedroom2|Full Bath2|Bonus Room2|
  • Structures Deck Porch: Deck, Patio, Porch - Front
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Property Details

  • Lot Improvements: Other Buildings

Interior Features

  • Fireplace: Gas, One
  • Laundry: Dryer, Washer
  • Basement Type: Crawl
  • Room 1: Foyer,On Level: 1
  • Room 2: Living Room,On Level: 1
  • Room 3: Kitchen,On Level: 1
  • Room 4: Dining Room,On Level: 1
  • Room 5: Half Bath,On Level: 1
  • Room 6: Laundry,On Level: 1
  • Room 7: Master Bedroom,On Level: 1
  • Room 8: Master Bath,On Level: 1
  • 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: Bonus Room,On Level: 2
  • Total Finished Sq Ft: 2028
  • Above Grade Finished Sq Ft: 2028
  • Bathroom: Attach Mstr Bath
  • Fireplace Location: Living Room
  • Foundation: Concrete Block
  • Kitchen Appliances Feat: Breakfast Bar, Double Oven, Dishwasher, Disposal, Eat-in, Electric Cooktop, Island, Microwave, Pantry, Recessed Light, Refrigerator
  • Kitchen Cabinets Counters: Formica Counter, White Cabinets
  • Land Description: Landscaped, Nearly Level, Partly Cleared, Partly Wooded, Playground, Private
  • Level: 2 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 2.5
  • Number of Main Level Bathrooms: 1.5
  • Number Beds: 4
  • Number Beds Main Level: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Room Types: Bedroom, Bonus Room, Dining Room, Foyer, Full Bath, Half Bath, Kitchen, Laundry, Living Room, Master Bedroom
  • Room Types Level1: Dining Room (L1), Foyer (L1), Half Bath (L1), Kitchen (L1), Laundry (L1), Living Room (L1), Master Bedroom (L1)
  • Room Types Level2: Bedroom (L2+), Bonus Room (L2+), Full Bath (L2+)
  • Source of Sq Ft: Public Records

Exterior Features

  • Fence: Partially Fenced
  • Exterior: Vinyl
  • Number Of Acres: 0.39
  • Roof: Architectural Style
  • Structure Features: Dual Vanities, Walk-in Closet
  • Structure Floors: Carpet, Ceramic Tile, Hardwood
  • Structure Security: Gated Community
  • Structure Window Ceiling: 8' Ceilings
  • View: Residential View, Wooded View
  • Water Property: Stream / Creek
  • Yard: Landscaped, Native Species, Nearly Level, Playground, Private

Garage/Parking

  • Driveway Parking: Asphalt

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Cable Available: Cable, Fiber-Optic
  • Gas: Liquid Propane
  • Security: Deadbolts
  • Sewer/Septic System: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • HOA/COA Amenities: Bar/Lounge, Basketball Court, Baseball Field, Beach, Boat Launch, Clubhouse, Community Room, Dining Rooms, Golf, Lake, Meeting Room, Picnic Area, Play Area, Pool, Soccer Field, Tennis, Volleyball, Walk/Run Trails
  • Association Setup Transfer Fee Type: $
  • Association Setup Transfer Fees: 800
  • Association Fee: HOA
  • Association Frequency: Monthly
  • Association Includes: Beach, Boat Launch, Master Ins. Policy, Play Area, Prof. Mgmt., Road Maint, Reserve Fund, Security Force, Snow Removal, Tennis, Trash Pickup
  • Association Fee: 92

Schools

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

Green Features

  • Green Features: Yes
  • Green Lot: Native Plants

Lot Info

  • Lot Features: Private Gated Community, Storage Shed

Building Info

  • Year Built: 2003

Tax Info

  • Year: 2021
  • Taxes: 2103.92

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2023
Closed on
Mar 17, 2023
Sold by
Schmidt Matthew D and Schmidt Kelly
Bought by
Kumpost James R and Kumpost Laura A
Seller's Agent
Maggie Gunnels Fornecker
LONG & FOSTER - LAKE MONTICELLO
Buyer's Agent
Kerry Griggs
KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE
List Price
$349,900
Sold Price
$349,900
Views
9
Current Estimated Value
$393,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,011
Avg. Annual Appreciation
2.58%
Original Mortgage
$279,900
Outstanding Balance
$272,764
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$98,709

Purchase Details

Closed on
Jan 16, 2018
Sold by
Farist Jason M and Farist Jean C
Bought by
Schmidt Matthew D and Schmdit Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,877
Interest Rate
3.13%
Mortgage Type
New Conventional
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
Kumpost James R $349,900 None Listed On Document
Schmidt Matthew D $221,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kumpost James R $279,900
Previous Owner Schmidt Matthew D $198,877
Previous Owner Farist Jason M $191,000
Previous Owner Farist Jean C $199,500
Previous Owner Farist Jean C $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2023 04/19/23 Sold $349,900 0.0% $173 / Sq Ft
03/05/2023 03/05/23 Pending -- -- --
03/02/2023 03/02/23 For Sale $349,900 -- $173 / 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 $2,373 $316,400 $30,000 $286,400
2024 $23 $277,700 $30,000 $247,700
2023 $2,344 $277,700 $30,000 $247,700
2022 $2,071 $238,000 $27,500 $210,500
2021 $2,071 $238,000 $27,500 $210,500
2020 $2,110 $228,100 $27,500 $200,600
2019 $2,110 $228,100 $27,500 $200,600
2018 $1,867 $205,800 $27,500 $178,300
2017 $1,867 $205,800 $27,500 $178,300
2016 $1,864 $203,300 $27,500 $175,800
2015 $1,755 $203,300 $27,500 $175,800
2014 $1,755 $199,400 $27,500 $171,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 639055

Charlottesville area Association of Realtors®

APN: 18A-5-399