NOT LISTED FOR SALE

2968 Magnolia Bend Charlottesville, VA 22911

Estimated Value: $558,000 - $571,000

4 Beds
2.5 Baths
2,100 Sq Ft
$268/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $415,000 $198 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,455/month

3 Days on Market

Highlights

  • Outdoor Pool
  • Community Lake
  • Multiple Fireplaces
  • Hollymead Elementary School Rated A
  • Clubhouse
  • Main Floor Primary Bedroom

About This Home

As of September 2021

Lovely new listing in the popular neighborhood of Forest Lakes South. This well maintained and nicely updated 4 bedroom home features a first floor master suite, spacious living areas, a convenient and functional floor plan, a large rear deck for relaxing or entertaining, a large kitchen and dining area, attached garage, and no carpeting! You will appreciate the quiet cul-de-sac location and large yard. Low maintenance and move in ready!

Last Agent to Sell the Property

Karyn Trumball

NEST REALTY GROUP License #0225188594 Listed on: 08/13/2021

NEST REALTY GROUP

Last Buyer's Agent

Katie Pearl

KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE License #0225240599

KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,022

Year Built

  • Built in 2001

Lot Details

  • 0.25 Acre Lot

HOA Fees

  • $91 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2,100 Sq Ft Home
  • 2-Story Property
  • Multiple Fireplaces
  • Fireplace With Glass Doors
  • Gas Log Fireplace
  • Family Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Primary bathroom on main floor

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Front Facing Garage

Outdoor Features

  • Outdoor Pool
  • Playground

Schools

  • Hollymead Elementary School
  • Sutherland Middle School
  • Albemarle High School

Utilities

  • Central Air
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 046B6-00-0L-03100

Community Details

Overview

  • Association fees include area maint, club house, exercise room, insurance, master ins. policy, play area, pool, prof. mgmt., reserve fund, tennis
  • $100 HOA Transfer Fee
  • Forest Lakes South Subdivision
  • Community Lake

Amenities

  • Picnic Area
  • Clubhouse
  • Community Center

Recreation

  • Community Basketball Court
  • Community Playground
  • Exercise Course
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,022

Year Built

Built in 2001

Lot Details

0

HOA Fees

$91 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 2100
  • L V T Date: 08/13/2021
  • Parcel Number: 046B6-00-0L-03100
  • Price Per Sq Ft: 197.62
  • Property Included: play structures in backyard
  • Total Sq Ft: 2360
  • Total Unfinished Sq Ft: 260
  • Type of Construction: On Site Built
  • Zoning: R Residential
  • Subdivision: FOREST LAKES SOUTH
  • Comments: Yes
  • Concatenated Rooms1: |
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Gas Logs, Glassed-in, One
  • Laundry: Dryer, Washer
  • Total Finished Sq Ft: 2100
  • Above Grade Finished Sq Ft: 2100
  • Fireplace Location: Family Room
  • Foundation: Concrete Slab
  • Level: 2 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 2.5
  • Number Beds: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Source of Sq Ft: Public Records

Exterior Features

  • Exterior: Vinyl
  • Number Of Acres: 0.25
  • Pool: Yes
  • Pool: Community
  • Structure Deck Porch: Deck

Garage/Parking

  • Garage: Yes
  • Unfinished Above Grade Garage: 260
  • Garage Features: Attached, Faces Front
  • Number of Car Spaces: 1
  • Total Above Grade Garage: 260

Utilities

  • Cooling: Central AC
  • Heating: Heat Pump
  • Cable Available: Cable
  • Sewer/Septic System: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • HOA/COA Amenities: Basketball Court, Clubhouse, Community Room, Exercise Room, Lake, Picnic Area, Play Area, Pool, Walk/Run Trails
  • Association Setup Transfer Fee Type: $
  • Association Setup Transfer Fees: 100
  • Association Fee: HOA
  • Association Frequency: Quarterly
  • Association Includes: Area Maint, Club House, Exercise Room, Insurance, Master Ins. Policy, Play Area, Pool, Prof. Mgmt., Reserve Fund, Tennis
  • Association Fee: 273

Schools

  • Elementary School: Hollymead
  • Middle School: Sutherland
  • High School: Albemarle

Building Info

  • Year Built: 2001

Tax Info

  • Year: 2021
  • Taxes: 3022

MLS Schools

  • HighSchool: Albemarle
  • Middle School: Sutherland
  • Elementary School: Hollymead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2021
Closed on
Sep 2, 2021
Sold by
Shaver Jessica R
Bought by
Marinucci Jacquelyn Hope and Marinucci Joseph Schmidt
Seller's Agent
Karyn Trumball
NEST REALTY GROUP
Buyer's Agent
Katie Pearl
KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE
List Price
$389,000
Sold Price
$415,000
Premium/Discount to List
$26,000
6.68%
Current Estimated Value
$563,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,161
Avg. Annual Appreciation
7.85%
Original Mortgage
$424,545
Outstanding Balance
$386,304
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$176,857

Purchase Details

Closed on
Jun 26, 2019
Sold by
Finazzo Giuseppe and Finazzo Jennifer G
Bought by
Shaver Jessica R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,100
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2010
Sold by
Hawkins David S and Hawkins Sara P
Bought by
Finazzo Giuseppe and Finazzo Jennifer G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,584
Interest Rate
5.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Marinucci Jacquelyn Hope $415,000 Old Republic Natl Ttl Ins Co
Shaver Jessica R $358,000 Chicago Title Insurance Co
Finazzo Giuseppe $299,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marinucci Jacquelyn Hope $424,545
Previous Owner Shaver Jessica R $340,100
Previous Owner Finazzo Giuseppe $293,584
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2021 09/30/21 Sold $415,000 +6.7% $198 / Sq Ft
08/16/2021 08/16/21 Pending -- -- --
08/13/2021 08/13/21 For Sale $389,000 -- $185 / 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 $4,534 $507,200 $157,000 $350,200
2024 -- $430,900 $145,000 $285,900
2023 $3,641 $426,300 $140,000 $286,300
2022 $3,248 $380,300 $130,000 $250,300
2021 $3,022 $353,900 $130,000 $223,900
2020 $2,959 $346,500 $130,000 $216,500
2019 $2,964 $347,100 $133,800 $213,300
2018 $2,806 $341,900 $133,800 $208,100
2017 $2,744 $327,100 $113,200 $213,900
2016 $2,775 $330,700 $113,300 $217,400
2015 $2,740 $334,600 $113,300 $221,300
2014 -- $332,100 $113,300 $218,800
Source: Public Records

Agents Affiliated with this Home

  • Karyn Trumball

    Seller's Agent in 2021

    Karyn Trumball

    NEST REALTY GROUP

    (434) 989-4847

    8 in this area

    91 Total Sales

    Karyn Trumball
    Section Image
  • Katie Pearl

    Buyer's Agent in 2021

    Katie Pearl

    KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE

    (434) 270-0950

    13 in this area

    98 Total Sales

    Katie Pearl
    Section Image
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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 621061

Charlottesville area Association of Realtors®

APN: 046B6-00-0L-03100

Virginia Albemarle County Charlottesville 22911

2968 Magnolia Bend, Charlottesville, VA

This home is located at 2968 Magnolia Bend, Charlottesville, VA 22911 since 13 August 2021 and is currently estimated at $563,161, approximately $268 per square foot. This property was built in 2001. 2968 Magnolia Bend is a home located in Albemarle County with nearby schools including Hollymead Elementary School, Lakeside Middle School, and Albemarle High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Charlottesville area Association of Realtors® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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