NOT LISTED FOR SALE

3 Wren Ct Palmyra, VA 22963

Estimated Value: $792,000 - $895,000

4 Beds
3 Baths
3,154 Sq Ft
$265/Sq Ft Est. Value

Last Sold October 18, 2022

Last sale price $750,000 $238 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,900/month

11 Days on Market

Highlights

  • Water Views
  • Golf Course Community
  • Gated Community
  • Beach
  • Community Boat Launch
  • Community Lake

About This Home

As of October 2022

WATERFRONT LIVING AT ITS BEST IN LAKE MONTICELLO—Lovely Rancher w/Fin. Terrace Level Walk-out—252+-ft Waterfrontage w/Bulkhead & Dock, Plus, Gentle Walk To Water! This Waterfront Home Has It All...Beautiful Main Lake Views...Large Back Deck & Covered Patio...Views & Walk-out Sliders From Most Rooms! Plus, Open Livingroom w/W/B Fireplace, Nice Kitchen w/Wall Oven & Cooktop, Breakfast Nook w/Walk out to Deck & Screened Porch, Spacious Owner’s Ste w/Slider Walk-out to Deck. On Terrace Level: Family Rm w/Brick-surround Gas-log FP & Wall Sconce Lighting, Office Area, Guest BR, Full BA, Laundry, Storage/Utility Rm. In Addition: Cul-de-sac Privacy—Garden Area—Whole-house Fan, Roof-2012, Heat Pump-2019, Gas FP 2019, Sliders-2020. Relaxing Views of Marina & Main Lake! This WATERFRONT Is One To Remember!

Last Agent to Sell the Property

THE STRONG TEAM

STRONG TEAM, REALTORS License #0225059911 Listed on: 08/17/2022

Last Buyer's Agent

Jen Sample

LONG & FOSTER - LAKE MONTICELLO License #0225098306

LONG & FOSTER - LAKE MONTICELLO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,705

Year Built

  • Built in 1974

Lot Details

  • 0.49 Acre Lot
  • Cul-De-Sac
  • Landscaped
  • Private Lot
  • Garden
  • Property is zoned R-4 Residential

HOA Fees

  • $93 Monthly HOA Fees

Home Design

  • Concrete Block With Brick

Interior Spaces

  • 1-Story Property
  • Multiple Fireplaces
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Brick Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Screened Porch
  • Utility Room
  • Water Views

Kitchen

  • Breakfast Room
  • Double Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Primary bathroom on main floor

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

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

Outdoor Features

  • Pond
  • Deck
  • Playground

Schools

  • West Central Primary Elementary School
  • Fluvanna Middle School
  • Fluvanna High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 391

Community Details

Overview

  • Association fees include beach, boat launch, club house, master ins. policy, play area, prof. mgmt., reserve fund, road maint, security force, snow removal, trash pickup
  • $850 HOA Transfer Fee
  • Lake Monticello Subdivision
  • Community Lake

Amenities

  • Clubhouse
  • Community Center
  • Meeting Room
  • Community Dining Room

Recreation

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

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,705

Year Built

Built in 1974

Lot Details

0

HOA Fees

$93 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 1748
  • Below Grade Total Sq Ft: 1406
  • Design: Ranch
  • L V T Date: 08/17/2022
  • Nameof Property: MAIN LAKE VIEWS
  • Parcel Number: 391
  • Price Per Sq Ft: 237.79
  • Total Sq Ft: 3750
  • Total Unfinished Sq Ft: 596
  • Type of Construction: On Site Built
  • Zoning: R-4 Residential
  • Subdivision: LAKE MONTICELLO
  • Comments: Yes
  • Concatenated Rooms1: |Foyer1|Living Roo1|Dining Roo1|Kitchen1|Breakfast1|Master Bed1|Master BTH1|Bedroom1|Bedroom1|Full Bath1|Family RooB|Family RooB|BedroomB|Full BathB|LaundryB|Bonus RoomB|Utility RoB|
  • Structures Deck Porch: Deck, Patio - Covered, Porch - Front, Porch - Screened
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Brick, Gas Logs, Two, Wood Burning
  • Laundry: Dryer Hookup, Washer Hookup
  • Basement Type: Finished, Full, Heated, Inside Access, Walk Out, Windows
  • Room 1: Foyer,On Level: 1
  • Room 2: Living Room,14.7x19.10,On Level: 1
  • Room 3: Dining Room,13.5x13.7,On Level: 1
  • Room 4: Kitchen,13.4x13.3,On Level: 1
  • Room 5: Breakfast Room,7.5x13.3,On Level: 1
  • Room 6: Master Bedroom,14.6x13.8,On Level: 1
  • Room 7: Master Bath,On Level: 1
  • Room 8: Bedroom,11.5x11.2,On Level: 1
  • Room 9: Bedroom,11.3x11.2,On Level: 1
  • Room 10: Full Bath,On Level: 1
  • Room 11: Family Room,17.4x27.3,On Level: Basement
  • Room 12: Family Room,14.5x25.6,On Level: Basement
  • Room 13: Bedroom,14x13.5,On Level: Basement
  • Room 14: Full Bath,On Level: Basement
  • Room 15: Laundry,On Level: Basement
  • Room 16: Bonus Room,On Level: Basement
  • Room 17: Utility Room,10.3x13.2,On Level: Basement
  • Total Finished Sq Ft: 3154
  • Above Grade Finished Sq Ft: 1748
  • Basement: Yes
  • Below Grade Finished Sq Ft: 1406
  • Foundation: Concrete Block
  • Kitchen Appliances Feat: Breakfast Nook, Double Oven, Dishwasher, Electric Cooktop, Microwave, Pantry, Refrigerator
  • Land Description: Landscaped, Nearly Level, Private, Water Front
  • 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: 1
  • Number Beds Main Level: 3
  • Full Bathrooms: 3
  • Room Types: Bedroom, Bonus Room, Breakfast Room, Dining Room, Family Room, Foyer, Full Bath, Home Office, Kitchen, Laundry, Living Room, Master Bedroom, Utility Room, Master Bathroom
  • Room Types Level1: Bedroom (L1), Breakfast Room (L1), Dining Room (L1), Foyer (L1), Full Bath (L1), Kitchen (L1), Living Room (L1), Master Bedroom (L1)
  • Room Types Level B: Bedroom (LB), Bonus Room (LB), Family Room (LB), Full Bath (LB), Laundry (LB), Utility Room (LB)
  • Source of Sq Ft: Owner

Exterior Features

  • Number Of Acres: 0.49
  • Roof: Architectural Style
  • View: Water View
  • Water Property: Pond / Lake

Garage/Parking

  • Garage: Yes
  • Unfinished Above Grade Garage: 596
  • Garage Features: Attached, Auto Door, Faces Front
  • Number of Car Spaces: 2
  • Total Above Grade Garage: 596

Utilities

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

Condo/Co-op/Association

  • HOA/COA Amenities: Baseball Field, Basketball Court, Beach, Boat Launch, Clubhouse, Community Room, Dining Rooms, Golf, Lake, Meeting Room, Play Area, Pool, Soccer Field, Tennis, Volleyball, Walk/Run Trails
  • Association Setup Transfer Fee Type: $
  • Association Setup Transfer Fees: 850
  • Association Fee: HOA
  • Association Frequency: Monthly
  • Association Includes: Beach, Boat Launch, Club House, Master Ins. Policy, Play Area, Prof. Mgmt., Reserve Fund, Road Maint, Security Force, Snow Removal, Trash Pickup
  • Association Fee: 93

Lot Info

  • Lot Features: Cul-de-sac, Dock/Ramp, Garden Space, Private Gated Community

Building Info

  • Year Built: 1974

Tax Info

  • Year: 2022
  • Taxes: 4705

MLS Schools

  • HighSchool: Fluvanna
  • Middle School: Fluvanna
  • Elementary School: West Central Primary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2023
Sold by
Banner Laurence D and Banner Kathy A
Bought by
Banner Living Trust and Banner
Current Estimated Value
$835,991

Purchase Details

Listed on
Aug 17, 2022
Closed on
Sep 26, 2022
Sold by
Flanders William M and Flanders Alice M
Bought by
Banner Laurence D and Banner Kathy A
Seller's Agent
THE STRONG TEAM
STRONG TEAM, REALTORS
Buyer's Agent
Jen Sample
LONG & FOSTER - LAKE MONTICELLO
List Price
$735,000
Sold Price
$750,000
Premium/Discount to List
$15,000
2.04%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.38%
Original Mortgage
$675,000
Interest Rate
5.66%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Banner Living Trust -- None Listed On Document
Banner Laurence D $750,000 Stewart Title Guaranty Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Banner Laurence D $675,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2022 10/18/22 Sold $750,000 +2.0% $238 / Sq Ft
08/28/2022 08/28/22 Pending -- -- --
08/17/2022 08/17/22 For Sale $735,000 -- $233 / 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 $5,578 $743,670 $225,000 $518,670
2024 $52 $614,900 $225,000 $389,900
2023 $5,190 $614,900 $225,000 $389,900
2022 $4,706 $540,900 $195,000 $345,900
2021 $4,706 $540,900 $195,000 $345,900
2020 $4,736 $512,000 $195,000 $317,000
2019 $4,736 $512,000 $195,000 $317,000
2018 $4,569 $503,700 $195,000 $308,700
2017 $4,569 $503,700 $195,000 $308,700
2016 $4,389 $478,600 $175,000 $303,600
2015 $4,190 $478,600 $175,000 $303,600
2014 $4,190 $476,100 $175,000 $301,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 633813

Charlottesville area Association of Realtors®

APN: 18A-3-391