NOT LISTED FOR SALE

3 Trout Point Palmyra, VA 22963

Estimated Value: $682,000 - $761,870

5 Beds
3.5 Baths
3,410 Sq Ft
$214/Sq Ft Est. Value

Last Sold November 18, 2019

Last sale price $525,000 $154 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,393/month

150 Days on Market

Highlights

  • Beach
  • Two Primary Bedrooms
  • Vaulted Ceiling
  • Golf Course Community
  • Community Lake
  • Marble Flooring

About This Home

As of November 2019

Start living your WATERFRONT and BOATING dreams. Immaculate 5 bedroom, 3.5 bath home with private beach and boat dock is what lake living is designed to be. LARGE level lot features 138 feet of deep water frontage and long views. Main level MASTER SUITE that accesses the expansive upper deck. Lake views from nearly every room. Open main floor hosts chef’s KITCHEN, complete with 5-burner gas range, dual ovens, and two dishwashers! Custom built-ins anchor the open and bright main living spaces. ADDITIONAL master/guest suite on lower level with access to the full width screened porch. Pontoon BOAT conveys with the property.

Last Agent to Sell the Property

Sasha Tripp

STORY HOUSE REAL ESTATE License #0225180969 Listed on: 05/01/2019

Last Buyer's Agent

Michael Terry

RIDGEBACK REALTY GROUP, LLC License #0225220562

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,229

Year Built

  • 1975

Lot Details

  • 0.38 Acre Lot
  • Cul-De-Sac
  • Open Lot
  • Property is zoned R-1 Residential

HOA Fees

  • $89 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • Recessed Lighting
  • Vinyl Clad Windows
  • Insulated Windows
  • Mud Room
  • Great Room
  • Family Room
  • Dining Room
  • Storm Windows

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Wood Countertops

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Double Master Bedroom
  • Primary bathroom on main floor
  • Double Vanity
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Windows

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Automatic Garage Door Opener

Utilities

  • Central Heating
  • Heat Pump System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number Db 845-208

Community Details

Overview

  • Association fees include beach
  • $650 HOA Transfer Fee
  • Community Lake

Amenities

  • Picnic Area

Recreation

  • Beach
  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Volleyball Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,229

Year Built

1975

Lot Details

0

HOA Fees

$89 per month

Listing Details

  • Class: Residential
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 1705
  • Below Grade Total Sq Ft: 1705
  • Design: Split Foyer
  • L V T Date: 05/01/2019
  • Parcel Number: Db 845-208
  • Price Per Sq Ft: 153.96
  • Property Included: Boat conveys with the home.
  • Total Sq Ft: 3858
  • Total Unfinished Sq Ft: 448
  • Type of Construction: On Site Built
  • Zoning: R-1 Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1975

Interior Features

  • Laundry: Dryer, Washer
  • Basement Type: Finished, Full, Heated, Inside Access, Outside Entrance, Walk Out, Windows
  • Room 1: Great Room, On Level: 1
  • Room 2: Dining Room, On Level: 1
  • Room 3: Kitchen, On Level: 1
  • Room 4: Half Bath, On Level: 1
  • Room 5: Master Bedroom, On Level: 1
  • Room 6: Master Bath, On Level: 1
  • Room 7: Half Bath, On Level: 1
  • Room 8: Bedroom, On Level: 1
  • Room 9: Full Bath, On Level: Basement
  • Room 10: Master Bedroom, On Level: Basement
  • Room 11: Master Bath, On Level: Basement
  • Room 12: Full Bath, On Level: Basement
  • Room 13: Bedroom, On Level: Basement
  • Room 14: Bedroom, On Level: Basement
  • Room 15: Family Room, On Level: Basement
  • Room 16: Laundry, On Level: Basement
  • Room 17: Mud Room, On Level: Basement
  • Total Finished Sq Ft: 3410
  • Above Grade Finished Sq Ft: 1705
  • Basement: Yes
  • Below Grade Finished Sq Ft: 1705
  • Foundation: Concrete Block
  • Kitchen Appliances Feat: Breakfast Bar, Dishwasher, Double Oven, Eat-In, Gas Range, Island, Microwave, Recessed Light, Refrigerator
  • Kitchen Cabinets Counters: White Cabinets, Wood Counter
  • Land Description: Nearly Level, Open, Water Front
  • Level: 1 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 3.5
  • Below Grade Bathrooms: 3
  • Number of Main Level Bathrooms: 2
  • Number Beds: 5
  • Number Beds Below Grade: 3
  • Number Beds Main Level: 2
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Room Types: Bedroom, Dining Room, Family Room, Full Bath, Great Room, Half Bath, Kitchen, Laundry, Master Bedroom, Mud Room
  • Room Types Level1: Bedroom (L1), Dining Room (L1), Great Room (L1), Half Bath (L1), Kitchen (L1), Master Bedroom (L1)
  • Room Types Level B: Bedroom (LB), Family Room (LB), Full Bath (LB), Laundry (LB), Master Bedroom (LB), Mud Room (LB)
  • Source of Sq Ft: Public Records

Exterior Features

  • Exterior: Vinyl
  • Number Of Acres: 0.38
  • Roof: Composition Shingle
  • Structure Deck Porch: Deck, Patio, Porch - Screened
  • Structure Features: Dual Vanities, Two Master Bedrooms, Whirlpool/Jetted Tub
  • Structure Floors: Carpet, Hardwood, Marble
  • Structure Window Ceiling: Insulated Windows, Screens, Storm Windows, Tilt Sash Windows, Vaulted/Cathedral Ceiling, Vinyl Clad Windows

Garage/Parking

  • Garage: Yes
  • Below Grade Unfinished Garage: 448
  • Garage Features: Attached, Auto Door, Electricity, Faces Front, Windows
  • Number of Car Spaces: 2
  • Total Below Grade Garage: 448

Utilities

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

Condo/Co-op/Association

  • HOA/COA Amenities: Basketball Court, Beach, Golf, Lake, Picnic Area, Pool, Tennis, Volleyball
  • Association Setup Transfer Fee Type: $
  • Association Setup Transfer Fees: 650
  • Association Fee: Hoa
  • Association Frequency: Annual
  • Association Includes: Beach
  • Association Fee: 1073

Schools

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

Lot Info

  • Lot Features: Cul-De-Sac, Public Road

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2019
Closed on
Nov 7, 2019
Sold by
Martin Frances K
Bought by
Nasca Jacquelyn
Seller's Agent
Sasha Tripp
STORY HOUSE REAL ESTATE
Buyer's Agent
Michael Terry
RIDGEBACK REALTY GROUP, LLC
List Price
$575,000
Sold Price
$525,000
Premium/Discount to List
-$50,000
-8.7%
Current Estimated Value
$728,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,968
Avg. Annual Appreciation
5.39%
Original Mortgage
$100,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2011
Sold by
Martin George Gilbert and Martin Frances K
Bought by
Martin George Gilbert and George Gilbert Martin Trust

Purchase Details

Closed on
Jul 20, 2009
Sold by
Hammond Kelvin J and Hammond Susan M
Bought by
Martin George G and Martin Frances K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2006
Sold by
Buckpitt Kathleen
Bought by
Hammond Kelvin J and Hammond Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.27%
Mortgage Type
Assumption
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Nasca Jacquelyn $525,000 Old Republic Title
Martin George Gilbert -- Southern Title
Martin George G $561,000 Soutern Title
Hammond Kelvin J $450,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nasca Jacquelyn $115,000
Closed Nasca Jacquelyn $0
Open Nasca Jacquelyn $440,000
Closed Nasca Jacquely $100,000
Closed Nasca Jacquelyn $343,500
Previous Owner Martin George G $417,000
Previous Owner Hammond Kelvin J $417,000
Previous Owner Hammond Kelvin J $95,000
Previous Owner Hammond Kelvin J $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2019 11/18/19 Sold $525,000 -4.5% $154 / Sq Ft
09/28/2019 09/28/19 Pending -- -- --
09/16/2019 09/16/19 Price Changed $550,000 -2.7% $161 / Sq Ft
07/01/2019 07/01/19 Price Changed $565,000 +1.8% $166 / Sq Ft
07/01/2019 07/01/19 Price Changed $555,000 -1.8% $163 / Sq Ft
06/30/2019 06/30/19 Price Changed $565,000 -1.7% $166 / Sq Ft
05/01/2019 05/01/19 For Sale $575,000 -- $169 / 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 $5,229 $697,260 $190,000 $507,260
2024 $47 $552,000 $190,000 $362,000
2023 $4,659 $552,000 $190,000 $362,000
2022 $4,370 $502,300 $182,500 $319,800
2021 $4,370 $502,300 $182,500 $319,800
2020 $4,286 $463,300 $182,500 $280,800
2019 $4,286 $463,300 $182,500 $280,800
2018 $4,134 $455,800 $182,500 $273,300
2017 $4,134 $455,800 $182,500 $273,300
2016 $3,987 $434,800 $162,500 $272,300
2015 $3,810 $434,800 $162,500 $272,300
2014 $3,810 $432,900 $162,500 $270,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Charlottesville area Association of Realtors®

MLS Number: 589804

Charlottesville area Association of Realtors®

APN: 18A 1 312