Landlord's Agent in 2023
Maggie Gunnels Fornecker
LONG & FOSTER - LAKE MONTICELLO
(434) 361-4987
169 in this area
322 Total Sales
31 Morewood Place Palmyra, VA 22963
Estimated Value: $404,000 - $453,577
3
Beds
1
Bath
1,120
Sq Ft
$388/Sq Ft
Est. Value
Highlights
- Gated Community
- Fireplace
- 1-Story Property
- Deck
- Living Room
- Dining Room
About This Home
As of December 2023Adorable waterfront cottage on Lake Monticello with recently updated kitchen and bathroom that’s ready to welcome you! Lovely lake views, back deck, and stairs leading down to a two-level dock where you can keep a boat. Cottage is located just around the corner from Beach 4… great for swimming! Pets are welcome!
Last Agent to Rent the Property
LONG & FOSTER - LAKE MONTICELLO License #0225265900 Listed on: 11/06/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,849
Year Built
- Built in 1983
Lot Details
- 0.49
Interior Spaces
- 1,120 Sq Ft Home
- 1-Story Property
- Fireplace
- Living Room
- Dining Room
Kitchen
- Electric Range
- Microwave
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Schools
- Central Elementary School
- Fluvanna Middle School
- Fluvanna High School
Utilities
- Heat Pump System
- Fiber Optics Available
- Cable TV Available
Additional Features
- Deck
- 0.49 Acre Lot
Listing and Financial Details
- Available 11/6/23
Community Details
Overview
- Property has a Home Owners Association
- Lake Monticello Subdivision
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 4, 2023
Closed on
Apr 4, 2023
Sold by
Salzman Lawrence and Salzman Bonnie S
Bought by
Bonnie Anne Speed Revocable Trust
Seller's Agent
Maggie Gunnels Fornecker
LONG & FOSTER - LAKE MONTICELLO
Buyer's Agent
JOSSEF BARON
LONG & FOSTER - LAKE MONTICELLO
Sold Price
$2,200
Views
38
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$431,944
Avg. Annual Appreciation
1.16%
Original Mortgage
$280,000
Outstanding Balance
$272,953
Interest Rate
6.5%
Mortgage Type
Construction
Estimated Equity
$169,320
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bonnie Anne Speed Revocable Trust | $430,000 | Title Resource Guaranty Compan |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bonnie Anne Speed Revocable Trust | $280,000 | |
| Previous Owner | Salzman Lawrence | $157,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/27/2023 12/27/23 | Rented | $1,950 | 0.0% | -- |
| 11/06/2023 11/06/23 | For Rent | $1,950 | -11.4% | -- |
| 05/11/2023 05/11/23 | Rented | $2,200 | +11.4% | -- |
| 04/16/2023 04/16/23 | Price Changed | $1,975 | 0.0% | $2 / Sq Ft |
| 04/07/2023 04/07/23 | Sold | $430,000 | 0.0% | $384 / Sq Ft |
| 04/04/2023 04/04/23 | For Rent | $2,200 | 0.0% | -- |
| 02/23/2023 02/23/23 | Pending | -- | -- | -- |
| 02/23/2023 02/23/23 | For Sale | $399,900 | -- | $357 / Sq Ft |
Source: Charlottesville area Association of Realtors®
Tax History Compared to Growth
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 | $2,849 | $379,900 | $145,000 | $234,900 |
| 2024 | $2,367 | $280,500 | $145,000 | $135,500 |
| 2023 | $2,367 | $280,500 | $145,000 | $135,500 |
| 2022 | $2,299 | $264,200 | $145,000 | $119,200 |
| 2021 | $2,299 | $264,200 | $145,000 | $119,200 |
| 2020 | $2,356 | $254,700 | $145,000 | $109,700 |
| 2019 | $2,356 | $254,700 | $145,000 | $109,700 |
| 2018 | $2,275 | $250,800 | $145,000 | $105,800 |
| 2017 | $2,275 | $250,800 | $145,000 | $105,800 |
| 2016 | $2,119 | $231,100 | $125,000 | $106,100 |
| 2015 | $2,018 | $231,100 | $125,000 | $106,100 |
| 2014 | $2,018 | $229,300 | $125,000 | $104,300 |
Source: Public Records
Agents Affiliated with this Home
-
Maggie Gunnels Fornecker
-
T
Landlord's Agent in 2023
THE GUNNELS GROUP
LONG & FOSTER - LAKE MONTICELLO
-
JOSSEF BARON
Tenant's Agent in 2023
JOSSEF BARON
LONG & FOSTER - LAKE MONTICELLO
(804) 405-7529
2 in this area
11 Total Sales
Map
Source: Charlottesville area Association of Realtors®
MLS Number: 647362
APN: 18A-12-96
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