NOT LISTED FOR SALE

3 Gum Ct Palmyra, VA 22963

Estimated Value: $361,000 - $407,000

4 Beds
3 Baths
2,008 Sq Ft
$191/Sq Ft Est. Value

Last Sold March 02, 2021

Last sale price $280,000 $139 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,331/month

63 Days on Market

Highlights

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

About This Home

As of March 2021

Single level living at its best and priced to sell! Private cul de sac home with open floor plan, hardwoods, large master suite with attached bath featuring a double vanity and custom walk in closet, kitchen with breakfast bar and large pantry, screened in porch, two additional bedrooms and full bath on terrace level and oversized garage with work shop area. New roof and hot water heater.

Last Agent to Sell the Property

Thomas Morace

LONG & FOSTER - LAKE MONTICELLO License #0225052968 Listed on: 10/22/2020

Co-Listed By

Diane Miller

LONG & FOSTER - LAKE MONTICELLO License #0225102265

Last Buyer's Agent

Vicki Wilson

MONTICELLO COUNTRY REAL ESTATE, INC. License #0225032365

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,597

Year Built

  • 1998

Lot Details

  • 0.6 Acre Lot
  • Landscaped
  • Partially Wooded Lot
  • Property is zoned R-4 Residential

HOA Fees

  • $99 Monthly HOA Fees

Home Design

  • Concrete Block With Brick
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Multiple Fireplaces
  • Gas Fireplace
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • 3 Full Bathrooms
  • Primary bathroom on main floor
  • Double Vanity

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Windows

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Outdoor Features

  • Playground

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Propane
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 18a5187

Community Details

Overview

  • Association fees include area maint, beach, boat launch, club house, play area, road maint, security force, trash pickup
  • $650 HOA Transfer Fee
  • 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
  • Volleyball Courts
  • Community Playground
  • Community Pool

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,597

Year Built

1998

Lot Details

0

HOA Fees

$99 per month

Listing Details

  • Class: Residential
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 1484
  • Below Grade Total Sq Ft: 782
  • Design: Contemporary
  • Electricity: Elec Underground
  • L V T Date: 10/22/2020
  • Parcel Number: 18a5187
  • Price Per Sq Ft: 139.44
  • Total Sq Ft: 2932
  • Total Unfinished Sq Ft: 924
  • Type of Construction: On Site Built
  • Zoning: R-4 Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1998

Interior Features

  • Unfinished Below Grade Sq Ft: 258
  • Fireplace: Gas, One
  • Laundry: Dryer, Dryer Hookup, Washer, Washer Hookup
  • Basement Type: Inside Access, Outside Entrance, Partly Finished, Walk Out, Windows
  • Room 1: Living Room, On Level: 1
  • Room 2: Kitchen, On Level: 1
  • Room 3: Master Bedroom, On Level: 1
  • Room 4: Master Bath, On Level: 1
  • Room 5: Bedroom, On Level: 1
  • Room 6: Full Bath, On Level: 1
  • Room 7: Bedroom, On Level: Basement
  • Room 8: Bedroom, On Level: Basement
  • Room 9: Full Bath, On Level: Basement
  • Total Finished Sq Ft: 2008
  • Above Grade Finished Sq Ft: 1484
  • Basement: Yes
  • Bathroom: Attach Mstr Bath
  • Below Grade Finished Sq Ft: 524
  • Fireplace Location: Living Room
  • Foundation: Concrete Block
  • Kitchen Appliances Feat: Dishwasher, Disposal, Eat-In, Electric Range, Pantry, Refrigerator
  • Kitchen Cabinets Counters: Formica Counter, Wood Cabinets
  • Land Description: Landscaped, Partly Wooded
  • Level: 1 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 3
  • Below Grade Bathrooms: 1
  • Number of Main Level Bathrooms: 2
  • Number Beds: 4
  • Number Beds Below Grade: 2
  • Number Beds Main Level: 2
  • Full Bathrooms: 3
  • Room Types: Bedroom, Full Bath, Kitchen, Living Room, Master Bedroom
  • Room Types Level1: Bedroom (L1), Full Bath (L1), Kitchen (L1), Living Room (L1), Master Bedroom (L1)
  • Room Types Level B: Bedroom (LB), Full Bath (LB)
  • Source of Sq Ft: Public Records

Exterior Features

  • Exterior: Vinyl
  • Number Of Acres: 0.6
  • Roof: Composition Shingle
  • Structure Deck Porch: Deck, Porch - Screened
  • Structure Features: Dual Vanities
  • Structure Floors: Carpet, Hardwood, Vinyl
  • Structure Security: Gated Community
  • View: Residential View, Wooded View
  • Yard: Wooded

Garage/Parking

  • Garage: Yes
  • Driveway: Gravel
  • Below Grade Unfinished Garage: 666
  • Garage Features: Attached, Electricity, Windows
  • Number of Car Spaces: 2
  • Total Below Grade Garage: 666

Utilities

  • Cooling: Central Ac
  • Heating: Central Heat, Propane
  • Cable Available: Cable, Dsl
  • Gas: Liquid Propane
  • Security: Security Force
  • 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, Golf, Lake, Picnic Area, Play Area, Pool, Soccer Field, Tennis, Volleyball
  • Association Setup Transfer Fee Type: $
  • Association Setup Transfer Fees: 650
  • Association Fee: Hoa
  • Association Frequency: Annual
  • Association Includes: Area Maint, Beach, Boat Launch, Club House, Play Area, Road Maint, Security Force, Trash Pickup
  • Association Fee: 1187

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2020
Closed on
Feb 17, 2021
Sold by
Fint Robert J
Bought by
Rowland Hugh C and Rowland Living Trust
Seller's Agent
Thomas Morace
LONG & FOSTER - LAKE MONTICELLO
Buyer's Agent
Vicki Wilson
MONTICELLO COUNTRY REAL ESTATE, INC.
List Price
$259,000
Sold Price
$280,000
Premium/Discount to List
$21,000
8.11%
Current Estimated Value
$383,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,241
Avg. Annual Appreciation
6.97%
Original Mortgage
$170,000
Outstanding Balance
$152,046
Interest Rate
2.7%
Mortgage Type
Commercial
Estimated Equity
$231,195
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
Rowland Hugh C $280,000 Fidelity National Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rowland Hugh C $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2021 03/02/21 Sold $280,000 +8.1% $139 / Sq Ft
12/24/2020 12/24/20 Pending -- -- --
10/22/2020 10/22/20 For Sale $259,000 -- $129 / 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 $2,597 $346,300 $33,000 $313,300
2024 $22 $263,000 $33,000 $230,000
2023 $2,220 $263,000 $33,000 $230,000
2022 $1,955 $224,700 $30,000 $194,700
2021 $1,955 $224,700 $30,000 $194,700
2020 $1,776 $192,000 $30,000 $162,000
2019 $1,776 $192,000 $30,000 $162,000
2018 $1,676 $184,800 $30,000 $154,800
2017 $1,676 $184,800 $30,000 $154,800
2016 $1,722 $187,800 $30,000 $157,800
2015 $1,210 $187,800 $30,000 $157,800
2014 $1,210 $183,300 $30,000 $153,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 610030

Charlottesville area Association of Realtors®

APN: 18A-5-167