NOT LISTED FOR SALE

3 Chestnut Ct Palmyra, VA 22963

Estimated Value: $349,000 - $362,000

4 Beds
2.5 Baths
1,792 Sq Ft
$199/Sq Ft Est. Value

Last Sold October 20, 2023

Last sale price $299,999 $167 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,172/month

77 Days on Market

Highlights

  • Beach
  • Community Lake
  • Community Basketball Court
  • Community Boat Launch
  • Clubhouse
  • Exercise Course

About This Home

As of October 2023

REDUCED PRICED TO SELL FAST!! Two story home built in the early 2000's for under $300k in Lake Monticello!! This charming two-story home located in the beautiful and friendly Lake Monticello subdivision. Walking distance to the lake and the beach! Fiber optic internet is currently being installed in the neighborhood. This home features a master bedroom with an attached master bathroom as well as 3 additional bedrooms perfect for children or guests. The main level has beautiful hardwood flooring throughout most common spaces. The rear deck leads to the fenced backyard which is the perfect place to grill, garden, and make memories with family! This home has been well cared for and is move-in ready. Come check out what this home and this community has to offer! HOA includes trash removal and access to numerous amenities including a playground, beaches, lake access, and so much more! Conveniently located just 15 minutes from Zion's Crossroads and less than 30 minutes from Charlottesville. New Frigidaire refrigerator and Whirlpool oven/range added 8/25/23.

Last Agent to Sell the Property

Gordon Cowan

Weichert Realtors Nancy Beahm Real Estate License #0225242767 Listed on: 06/22/2023

Weichert Realtors Nancy Beahm Real Estate

Last Buyer's Agent

MILENA WEBB

HERITAGE REAL ESTATE CO. License #0225244221

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,888

Year Built

  • Built in 2004

Lot Details

  • 0.5 Acre Lot
  • Property is zoned R-4 Residential

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Concrete Block With Brick

Interior Spaces

  • 1,792 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Playground

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 51065-18A 2 398

Community Details

Overview

  • Lake Monticello Subdivision
  • Community Lake

Amenities

  • Picnic Area
  • Clubhouse
  • Community Center
  • Meeting Room

Recreation

  • Community Boat Launch
  • Beach
  • Community Basketball Court
  • Community Playground
  • Exercise Course

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,888

Year Built

Built in 2004

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 1792
  • L V T Date: 06/22/2023
  • Parcel Number: 51065-18A 2 398
  • Price Per Sq Ft: 167.41
  • Property Included: Appliances.
  • Total Sq Ft: 1792
  • Type of Construction: On Site Built
  • Zoning: R-4 Residential
  • Subdivision: LAKE MONTICELLO
  • Comments: No
  • Concatenated Rooms1: |
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Finished Sq Ft: 1792
  • Above Grade Finished Sq Ft: 1792
  • Foundation: Concrete Block
  • Level: 2 Story
  • Bathrooms: 2.5
  • Number Beds: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Source of Sq Ft: Public Records

Exterior Features

  • Number Of Acres: 0.5

Utilities

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

Condo/Co-op/Association

  • HOA/COA Amenities: Basketball Court, Beach, Boat Launch, Clubhouse, Community Room, Exercise Room, Lake, Meeting Room, Picnic Area, Play Area
  • Association Fee: HOA
  • Association Frequency: Annual
  • Association Fee: 1200

Building Info

  • Year Built: 2004

Tax Info

  • Year: 2022
  • Taxes: 1888

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2023
Closed on
Oct 5, 2023
Sold by
Opyoke William W and Opyoke Bonnie L
Bought by
Nguyen Nhat Huynh Khanh and Nguyen Anh Ha
Seller's Agent
Gordon Cowan
Weichert Realtors Nancy Beahm Real Estate
Buyer's Agent
MILENA WEBB
HERITAGE REAL ESTATE CO.
List Price
$329,999
Sold Price
$299,999
Premium/Discount to List
-$30,000
-9.09%
Views
289
Current Estimated Value
$356,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,007
Avg. Annual Appreciation
8.84%

Purchase Details

Closed on
Aug 19, 2013
Sold by
Jackson Bryan J and Jackson Anne Krop
Bought by
Opyoke William W and Opyoke Bonnie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,775
Interest Rate
4.42%
Mortgage Type
New Conventional
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
Nguyen Nhat Huynh Khanh $299,999 Old Republic National Title
Opyoke William W $185,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Opyoke William W $188,775
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2023 10/20/23 Sold $299,999 0.0% $167 / Sq Ft
09/07/2023 09/07/23 Pending -- -- --
09/04/2023 09/04/23 Price Changed $299,999 -4.8% $167 / Sq Ft
08/24/2023 08/24/23 Price Changed $315,000 -3.1% $176 / Sq Ft
08/17/2023 08/17/23 Price Changed $324,999 -1.5% $181 / Sq Ft
06/22/2023 06/22/23 For Sale $329,999 -- $184 / Sq Ft
Source: Harrisonburg-Rockingham 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 $2,391 $318,800 $30,000 $288,800
2024 $21 $253,200 $30,000 $223,200
2023 $2,137 $253,200 $30,000 $223,200
2022 $1,888 $217,000 $27,500 $189,500
2021 $1,888 $217,000 $27,500 $189,500
2020 $1,873 $202,500 $27,500 $175,000
2019 $1,873 $202,500 $27,500 $175,000
2018 $1,749 $192,800 $27,500 $165,300
2017 $1,749 $192,800 $27,500 $165,300
2016 $1,733 $189,000 $27,500 $161,500
2015 $1,601 $189,000 $27,500 $161,500
2014 $1,601 $181,900 $27,500 $154,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Harrisonburg-Rockingham Association of REALTORS®

MLS Number: 642917

Harrisonburg-Rockingham Association of REALTORS®

APN: 18A-2-398