NOT LISTED FOR SALE

29 Out of Bounds Rd Palmyra, VA 22963

Estimated Value: $396,000 - $471,000

3 Beds
2.5 Baths
3,064 Sq Ft
$143/Sq Ft Est. Value

Last Sold January 24, 2024

Last sale price $390,000 $127 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,718/month

10 Days on Market

Highlights

  • Lake Front
  • On Golf Course
  • Gated Community
  • Beach
  • Outdoor Pool
  • Community Lake

About This Home

As of January 2024

Beautiful 3-bedroom Golf Course home on the 6th hole in Lake Monticello! Sitting on nearly half an acre, on a quiet cul-de-sac road, and Custom Built by Mike Himes - Himes Construction, the Open Floor Plan is perfect for entertaining with soaring ceilings, skylights, hardwood and ceramic floors throughout, floor to ceiling stone fireplace (gas) and built-in bookcases. The Large Kitchen features a new double wall oven, center island, maple cabinets & a Butler's pantry connecting to Laundry. The Huge 1st floor Primary features vaulted ceilings, walk-in closet, sliding door to access a 10x12 deck and an en-suite bath w/double vanity, shower & relaxing whirlpool tub. Also featured is an office/study, half bath and Expansive 24x12 screened in porch with ceiling fan & TV mount. Oversized 2 car garage w/Apple Doors & automatic opener, has a workshop area. The finished basement is the perfect mother-in-law suite with 2 bedrooms, full bath, family room and wet bar with refrigerator. All doors and windows are Anderson. Windows are vinyl clad wood casement windows. Exterior walkways and patios are exposed aggregate. Paved driveway recently sealed. Wheelchair ramp giving access to main level.

Last Agent to Sell the Property

Ryan Sanford

RE/MAX Commonwealth Brokerage Email: ryan@ryansanfordteam.com License #0225072249 Listed on: 12/13/2023

RE/MAX Commonwealth

Last Buyer's Agent

NON MLS USER MLS

NON MLS OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,642

Year Built

  • Built in 1994

Lot Details

  • 0.49 Acre Lot
  • Lake Front
  • On Golf Course
  • Lot Has A Rolling Slope
  • Zoning described as R-4

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Basement Garage
  • Oversized Parking
  • Garage Door Opener
  • Driveway

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 3,064 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Wired For Data
  • Built-In Features
  • Bookcases
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Stone Fireplace
  • Gas Fireplace
  • Thermal Windows
  • Dining Area
  • Screened Porch
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector
  • Washer and Dryer Hookup
  • Property Views

Kitchen

  • Butlers Pantry
  • Built-In Double Oven
  • Induction Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • Double Vanity
  • Hydromassage or Jetted Bathtub
  • Garden Bath

Accessible Home Design

  • Accessible Approach with Ramp

Outdoor Features

  • Outdoor Pool
  • Walking Distance to Water
  • Deck
  • Shed

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 85
  • Assessor Parcel Number 18A-4-85

Community Details

Overview

  • Lake Monticello Subdivision
  • Community Lake
  • Pond in Community

Amenities

  • Common Area

Recreation

  • Beach
  • Golf Course Community
  • Community Playground
  • Community Pool
  • Park
  • Trails

Security

  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,642

Year Built

Built in 1994

Lot Details

0

HOA Fees

$100 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1994
  • Property Attached Yn: No
  • Attribution Contact: ryan@ryansanfordteam.com
  • Road Frontage Type: Golf Course
  • Lot Size Acres: 0.487
  • Ownership: Individuals
  • Subdivision Name: Lake Monticello
  • Above Grade Finished Sq Ft: 2298.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • General Property Information Below Grade Unfinished Area: 766.0
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile, Wood
  • Basement: Full, Garage Access
  • Appliances: Built-In Oven, Cooktop, Double Oven, Dishwasher, Exhaust Fan, Electric Water Heater, Microwave, Range, Smooth Cooktop, Water Heater
  • Accessibility Features: Accessible Approach with Ramp
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 766.0
  • Fireplace Features: Gas, Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Wet Bar, Bookcases, Built-in Features, Bedroom on Main Level, Butler's Pantry, Ceiling Fan(s), Cathedral Ceiling(s), Dining Area, Double Vanity, Fireplace, Garden Tub/Roman Tub, High Ceilings, High Speed Internet, Jetted Tub, Kitchen Island, Bath in Primary Bedroom, Main Level Primary, Recessed Lighting, Skylights, Cable TV, Wired for Data
  • Living Area: 3064.0
  • Stories: 2
  • Window Features: Skylight(s), Thermal Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition, Shingle
  • Lot Features: On Golf Course, Rolling Slope
  • Pool Features: Community, Pool
  • View: Yes
  • Waterfront Features: Beach Access, Lake, Walk to Water
  • Waterfront: No
  • Construction Type: Brick, Drywall, Frame, Vinyl Siding
  • Exterior Features: Deck, Porch, Storage, Shed, Paved Driveway
  • Patio And Porch Features: Rear Porch, Front Porch, Screened, Deck, Porch
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Basement, Driveway, Garage Door Opener, Oversized, Paved

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Controlled Access, Gated Community, Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Beach, Common Grounds/Area, Golf, Gated, Home Owners Association, Lake, Playground, Park, Pond, Trails/Paths
  • Association Fee: 1200.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Pool(s), Recreation Facilities, Road Maintenance, Snow Removal, Water Access

Schools

  • Middle Or Junior School: Fluvanna

Lot Info

  • Parcel Number: 18A-4-85
  • Zoning Description: R-4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2641.72
  • Tax Lot: 85

MLS Schools

  • Elementary School: Central
  • High School: Fluvanna

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2023
Closed on
Jan 17, 2024
Sold by
Donnelly Margaret E
Bought by
Redenbo Lee Edward
Seller's Agent
Ryan Sanford
RE/MAX Commonwealth
Buyer's Agent
NON MLS USER MLS
NON MLS OFFICE
List Price
$399,950
Sold Price
$390,000
Premium/Discount to List
-$9,950
-2.49%
Views
42
Current Estimated Value
$431,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,190
Avg. Annual Appreciation
6.28%

Purchase Details

Closed on
Feb 5, 2013
Sold by
Crum Franklin D and Munson Im Mberly S
Bought by
Donnelly Robert J and Donnelly 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
$164,500
Interest Rate
2.87%
Mortgage Type
New Conventional
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
Redenbo Lee Edward $390,000 Old Republic National Title
Donnelly Robert J $214,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Donnelly Robert J $164,500
Previous Owner Crum Franklin D $193,637
Previous Owner Crum Franklin D $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2024 01/24/24 Sold $390,000 -2.5% $127 / Sq Ft
12/25/2023 12/25/23 Pending -- -- --
12/15/2023 12/15/23 For Sale $399,950 -- $131 / Sq Ft
Source: Central Virginia Regional MLS

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 $3,079 $410,500 $55,000 $355,500
2024 $26 $313,000 $55,000 $258,000
2023 $2,642 $313,000 $55,000 $258,000
2022 $2,349 $270,000 $50,000 $220,000
2021 $2,349 $270,000 $50,000 $220,000
2020 $2,432 $262,900 $50,000 $212,900
2019 $2,432 $262,900 $50,000 $212,900
2018 $2,492 $274,800 $50,000 $224,800
2017 $2,492 $274,800 $50,000 $224,800
2016 $2,152 $234,700 $35,000 $199,700
2015 $2,041 $234,700 $35,000 $199,700
2014 $2,041 $231,900 $35,000 $196,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2329593

Central Virginia Regional MLS

APN: 18A-4-85