NOT LISTED FOR SALE

294 Jefferson Dr Palmyra, VA 22963

Estimated Value: $415,000 - $460,000

4 Beds
2.5 Baths
2,554 Sq Ft
$171/Sq Ft Est. Value

Last Sold July 06, 2023

Last sale price $380,000 $149 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,638/month

23 Days on Market

Highlights

  • Beach
  • Community Boat Launch
  • Outdoor Pool
  • Golf Course Community
  • Bar or Lounge
  • Sitting Area In Primary Bedroom

About This Home

As of July 2023

This impeccably well maintained 4 bedroom, 2.5 bath home located in the desirable, amenity rich Lake Monticello neighborhood offers a spacious floor plan boasting a 2-car garage, covered front porch, private rear deck, a walk-out basement and more! The main level with hardwood floors features the foyer, living room, family room with gas fireplace open to the eat-in kitchen with ample cabinetry, a breakfast bar and stainless appliances which leads to the formal dining room. All bedrooms conveniently located on the 2nd floor including a hall bath, the laundry closet and the oversized primary bedroom with vaulted ceilings, attached luxurious bath with a jetted tub, shower and a walk-in closet. The walk-out basement includes a rec room and access to the garage. Lake Monticello is a gated community with private security and offers the lake, 5 beaches, community pool, golf course, fishing pond, sport courts, several playgrounds, dining options and more! HVAC 2019, Water Heater 2020, Re-stained deck 2023, Re-painted main level and 2 bedrooms 2023.

Last Agent to Sell the Property

Marjorie Adam

BETTER HOMES & GARDENS R.E.-PATHWAYS License #0225041602 Listed on: 03/29/2023

BETTER HOMES & GARDENS R.E.-PATHWAYS

Last Buyer's Agent

Amanda Spigone

KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE License #0225052922

KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,423

Year Built

  • Built in 2003

Lot Details

  • 0.34 Acre Lot
  • Gentle Sloping Lot
  • Property is zoned R-4 Residential

HOA Fees

  • $103 Monthly HOA Fees

Home Design

  • Poured Concrete
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Skylights
  • Multiple Fireplaces
  • Gas Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Recreation Room
  • Walk-Out Basement

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Formica Countertops

Flooring

  • Wood
  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Double Vanity

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Basement Garage
  • Side Facing Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Outdoor Pool
  • Deck
  • Playground
  • Front Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Fiber Optics Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 18A 8 116

Community Details

Overview

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

Amenities

  • Picnic Area
  • Clubhouse
  • Bar or Lounge

Recreation

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

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,423

Year Built

Built in 2003

Lot Details

0

HOA Fees

$103 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 2128
  • Below Grade Total Sq Ft: 426
  • Design: Colonial
  • L V T Date: 03/30/2023
  • Parcel Number: 18A 8 116
  • Price Per Sq Ft: 148.79
  • Property Excluded: Window Treatments, Curtain Rods
  • Property Included: Refrigerator, Washer, Dryer
  • Total Sq Ft: 3192
  • Total Unfinished Sq Ft: 638
  • Type of Construction: On Site Built
  • Zoning: R-4 Residential
  • Subdivision: LAKE MONTICELLO
  • Comments: Yes
  • Concatenated Rooms1: |Foyer1|Living Roo1|Half Bath1|Family Roo1|Kitchen1|Dining Roo1|Master Bed2|Master BTH2|Bedroom2|Bedroom2|Bedroom2|Full Bath2|Laundry2|Rec RoomB|
  • Structures Deck Porch: Deck, Porch - Front
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Gas, One
  • Laundry: Dryer, Washer
  • Basement Type: Inside Access, Walk Out
  • Room 1: Foyer,On Level: 1
  • Room 2: Living Room,On Level: 1
  • Room 3: Half Bath,On Level: 1
  • Room 4: Family Room,On Level: 1
  • Room 5: Kitchen,On Level: 1
  • Room 6: Dining Room,On Level: 1
  • Room 7: Master Bedroom,On Level: 2
  • Room 8: Master Bath,On Level: 2
  • 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: Laundry,On Level: 2
  • Room 14: Rec Room,On Level: Basement
  • Total Finished Sq Ft: 2554
  • Above Grade Finished Sq Ft: 2128
  • Basement: Yes
  • Below Grade Finished Sq Ft: 426
  • Fireplace Location: Family Room
  • Foundation: Poured Concrete
  • Kitchen Appliances Feat: Breakfast Bar, Dishwasher, Eat-in, Gas Range, Microwave, Refrigerator
  • Kitchen Cabinets Counters: Formica Counter, Maple Cabinets
  • Land Description: Gently Rolling
  • Level: 2 Story
  • Bathrooms: 2.5
  • Number of Main Level Bathrooms: 0.5
  • Number Beds: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Room Types: Bedroom, Dining Room, Family Room, Foyer, Full Bath, Half Bath, Kitchen, Laundry, Living Room, Master Bedroom, Rec Room
  • Room Types Level1: Dining Room (L1), Family Room (L1), Foyer (L1), Half Bath (L1), Kitchen (L1), Living Room (L1)
  • Room Types Level2: Bedroom (L2+), Full Bath (L2+), Laundry (L2+), Master Bedroom (L2+)
  • Room Types Level B: Rec Room (LB)
  • Source of Sq Ft: Public Records

Exterior Features

  • Exterior: Vinyl
  • Number Of Acres: 0.34
  • Pool: Yes
  • Pool: Community
  • Roof: Composition Shingle
  • Structure Features: Dual Vanities, MBr Sitting Area, Skylights, Walk-in Closet
  • Structure Floors: Carpet, Hardwood, Linoleum
  • Structure Security: Gated Community

Garage/Parking

  • Garage: Yes
  • Below Grade Unfinished Garage: 638
  • Garage Features: Auto Door, Faces Side, In Basement
  • Number of Car Spaces: 2
  • Total Below Grade Garage: 638

Utilities

  • Cooling: Central AC
  • Heating: Central Heat
  • Cable Available: Cable, Fiber-Optic
  • Sewer/Septic System: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • HOA/COA Amenities: Bar/Lounge, Baseball Field, Basketball Court, Beach, Boat Launch, Clubhouse, Golf, Lake, Picnic Area, Play Area, Pool, Soccer Field, Tennis, Walk/Run Trails
  • Association Setup Transfer Fee Type: $
  • Association Setup Transfer Fees: 800
  • Association Fee: HOA
  • Association Frequency: Annual
  • Association Includes: Area Maint, Beach, Boat Launch, Club House, Golf, Master Ins. Policy, Play Area, Pool, Prof. Mgmt., Road Maint, Security Force, Snow Removal, Tennis, Trash Pickup, Dock
  • Association Fee: 1238

Lot Info

  • Lot Features: Private Gated Community

Building Info

  • Year Built: 2003

Tax Info

  • Year: 2021
  • Taxes: 2423.04

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2023
Closed on
Jun 26, 2023
Sold by
Fatz Mitchell A
Bought by
Morris Kelly and Morris David
Seller's Agent
Marjorie Adam
BETTER HOMES & GARDENS R.E.-PATHWAYS
Buyer's Agent
Amanda Spigone
KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE
List Price
$380,000
Sold Price
$380,000
Views
57
Current Estimated Value
$435,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,714
Avg. Annual Appreciation
5.63%
Original Mortgage
$367,317
Outstanding Balance
$358,191
Interest Rate
6.57%
Mortgage Type
FHA
Estimated Equity
$77,523

Purchase Details

Listed on
Mar 3, 2020
Closed on
May 21, 2020
Sold by
Thomas Colin Blair and Thomas Bethany Lynne
Bought by
Fatz Mitchell A
Seller's Agent
Sasha Tripp
STORY HOUSE REAL ESTATE
Buyer's Agent
Quinton Beckham
KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE
List Price
$275,000
Sold Price
$282,000
Premium/Discount to List
$7,000
2.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.07%
Original Mortgage
$12,690
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2007
Sold by
Vincent Kevin R and Vincent Heather K
Bought by
Thomas Colin Blair and Thomas Bethany Lynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,375
Interest Rate
6.27%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Morris Kelly $380,000 Chicago Title Insurance Compan
Fatz Mitchell A $280,000 None Available
Thomas Colin Blair $293,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morris Kelly $367,317
Previous Owner Fatz Mitchell A $12,690
Previous Owner Fatz Mitchell A $272,615
Previous Owner Thomas Colin Blair $73,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/06/2023 07/06/23 Sold $380,000 0.0% $149 / Sq Ft
04/21/2023 04/21/23 Pending -- -- --
03/29/2023 03/29/23 For Sale $380,000 +34.8% $149 / Sq Ft
05/28/2020 05/28/20 Sold $282,000 +2.5% $110 / Sq Ft View Prior Sale
03/08/2020 03/08/20 Pending -- -- --
03/03/2020 03/03/20 For Sale $275,000 -- $108 / 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 $3,113 $415,100 $30,000 $385,100
2024 $27 $319,300 $30,000 $289,300
2023 $2,695 $319,300 $30,000 $289,300
2022 $2,385 $274,100 $27,500 $246,600
2021 $2,385 $274,100 $27,500 $246,600
2020 $2,419 $261,500 $27,500 $234,000
2019 $2,419 $261,500 $27,500 $234,000
2018 $2,268 $250,000 $27,500 $222,500
2017 $2,268 $250,000 $27,500 $222,500
2016 $2,046 $223,100 $27,500 $195,600
2015 $1,907 $223,100 $27,500 $195,600
2014 $1,907 $216,700 $27,500 $189,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 639966

Charlottesville area Association of Realtors®

APN: 18A 8 116