NOT LISTED FOR SALE

31 Out of Bounds Rd Palmyra, VA 22963

Estimated Value: $553,000 - $661,000

4 Beds
3.5 Baths
3,992 Sq Ft
$148/Sq Ft Est. Value

Last Sold July 27, 2021

Last sale price $420,000 $105 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,541/month

4 Days on Market

Highlights

  • Boat Ramp
  • On Golf Course
  • Clubhouse
  • Beach
  • Gated Community
  • Deck

About This Home

As of July 2021

GOLF FRONT ?- Luxurious Golf Front Home on Lake Monticello's 6th Fairway! This Home Features a Guest Ste. w/Full BA & Priv. Entrance, Vaulted Design w/Hardwoods & Beautiful Appointments Throughout, Split-BR Floorplan w/Lrg. Owner's Ste. w/Attached Sunroom/Office. Included in Home's Design is a Vaulted Greatroom plus Main Level Family Rm w/Breathtaking Double-sided Stone FP, Formal DR, Nice Kitchen w/SS Appl & Sunny Breakfast Nook, Skylights, & Fin. Basement w/Media/Hobby Rm w/BA. Also, Circular Drive w/Belgium Stone, Private Outside Sitting Area & Deck, Walk-in Crawl Storage, Gutter-Guards, Roof-3 yrs, & Lovely Brick Entrance Walkway. Built by Award-winning Southern Home Builders.  This Golf Front is Gorgeous Both Inside & Out w/Lots of Natural Privacy!,Wood Cabinets,Fireplace in Family Room,Fireplace in Great Room

Last Agent to Sell the Property

THE STRONG TEAM

(434) 996-4606 Patsy@StrongTeamRealtors.com STRONG TEAM, REALTORS License #0225059911[1485] Listed on: 06/29/2021

Last Buyer's Agent

Alyson Maupin

alysonmaupin@gmail.com REAL ESTATE III, INC. License #0225228104[7740]

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,502

Year Built

  • Built in 1994

Lot Details

  • 0.49 Acre Lot
  • On Golf Course
  • Landscaped
  • Level Lot
  • Open Lot
  • Partially Wooded Lot
  • Property is zoned R-4

HOA Fees

  • $93 Monthly HOA Fees

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Property has 1 Level
  • Wet Bar
  • Cathedral Ceiling
  • Skylights
  • Recessed Lighting
  • Stone Fireplace
  • Gas Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Great Room
  • Family Room
  • Dining Room
  • Sun or Florida Room
  • Golf Course Views
  • Basement
  • Crawl Space

Kitchen

  • Breakfast Room
  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • 3.5 Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Home Security System
  • Security Gate
  • Fire and Smoke Detector
  • Flood Lights

Accessible Home Design

  • Halls are 36 inches wide or more
  • Modifications for wheelchair accessibility
  • Ramp on the main level

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting
  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Heating System Powered By Owned Propane
  • Underground Utilities

Community Details

Overview

  • Association fees include common area maintenance, management, reserve funds, road maintenance, snow removal, trash
  • Built by SOUTHERN HOME BUILDERS
  • Golf Front Community
  • Lake Monticello Subdivision

Amenities

  • Clubhouse

Recreation

  • Boat Ramp
  • Beach
  • Community Playground

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,502

Year Built

Built in 1994

Lot Details

0

HOA Fees

$93 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: 36"+ Wide Halls, Wheelchair Mod, Ramp - Main Level
  • Building Total Sq Ft: 3992.00
  • Exclusions: Brass Basket on Front Door
  • New Construction: No
  • Story List: Main
  • Year Built: 1994
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Oven/Range - Electric, Microwave, Refrigerator
  • Flooring Type: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Skylight(s), Walk-In Closet(s), Wet/Dry Bar, Whirlpool/Hottub, Breakfast Area, Kitchen - Eat-In, Pantry, Recessed Lighting, Entry Level Bedroom, Primary Bath(s)
  • Window Features: Insulated
  • Fireplace Features: Gas/Propane, Stone
  • Fireplace: No
  • Wall Ceiling Types: Vaulted Ceilings, Cathedral Ceilings
  • Foundation Details: Block, Crawl Space
  • Levels Count: 1
  • Room List: Dining Room, Primary Bedroom, Kitchen, Family Room, Foyer, Breakfast Room, Sun/Florida Room, Great Room, Laundry, Primary Bathroom, Full Bath, Half Bath, Additional Bedroom
  • Basement: Yes
  • Living Area Units: Square Feet
  • Total Sq Ft: 3992
  • Living Area Sq Ft: 3992
  • Price Per Sq Ft: 141.41
  • Above Grade Finished Sq Ft: 2864
  • Below Grade Finished Sq Ft: 1128
  • Total Below Grade Sq Ft: 1128
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Flood Lights, Exterior Lighting
  • Roof: Architectural Shingle
  • View: Golf Course
  • Water Oriented: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Heat Pump(s)
  • Electric Service: Underground
  • Heating Fuel: Propane - Owned
  • Heating Type: Central, Heat Pump(s)
  • Heating: Yes
  • Security: Security System, Security Gate, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Internet Services: Cable, DSL

Condo/Co-op/Association

  • HOA Fees: 93.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • Condo Co-Op Fee: 850.00
  • Condo Co-Op Fee Frequency: One Time
  • HOA Condo Co-Op Amenities: Beach, Boat Ramp, Club House, Tot Lots/Playground, Security, Gated Community
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Reserve Funds, Road Maintenance, Snow Removal, Trash
  • HOA: Yes

Schools

  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: CENTRAL
  • High School: FLUVANNA
  • Middle Or Junior School: FLUVANNA

Lot Info

  • Lot Features: Landscaping, Level, Open, Trees/Wooded, Partly Wooded
  • Lot Size Acres: 0.49
  • Outdoor Living Structures: Deck(s), Patio(s), Porch(es)
  • Zoning: R-4
  • Zoning Description: Residential

Building Info

  • Builder Name: SOUTHERN HOME BUILDERS

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3502.00
  • Tax Year: 2021

MLS Schools

  • School District Name: FLUVANNA COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2021
Closed on
Jul 16, 2021
Sold by
Rawls Joann W
Bought by
Cabrera Armand P and Burket Diane M
Seller's Agent
THE STRONG TEAM
STRONG TEAM, REALTORS
Buyer's Agent
Alyson Maupin
REAL ESTATE III, INC.
List Price
$405,000
Sold Price
$420,000
Premium/Discount to List
$15,000
3.7%
Current Estimated Value
$589,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,489
Avg. Annual Appreciation
8.03%
Original Mortgage
$270,000
Outstanding Balance
$244,983
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$344,506
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cabrera Armand P $420,000 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cabrera Armand P $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2021 07/27/21 Sold $420,000 +3.7% $105 / Sq Ft
07/03/2021 07/03/21 Pending -- -- --
06/29/2021 06/29/21 For Sale $405,000 -- $101 / Sq Ft
Source: Bright MLS

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 $4,179 $557,240 $55,000 $502,240
2024 $39 $456,400 $55,000 $401,400
2023 $3,852 $456,400 $55,000 $401,400
2022 $3,312 $380,700 $50,000 $330,700
2021 $3,312 $380,700 $50,000 $330,700
2020 $3,420 $369,700 $50,000 $319,700
2019 $3,420 $369,700 $50,000 $319,700
2018 $3,448 $380,200 $50,000 $330,200
2017 $3,448 $380,200 $50,000 $330,200
2016 $2,731 $297,800 $35,000 $262,800
2015 $2,486 $297,800 $35,000 $262,800
2014 $2,486 $282,500 $35,000 $247,500
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    THE STRONG TEAM

    STRONG TEAM, REALTORS

    (434) 996-4606

    39 in this area

    41 Total Sales

    THE STRONG TEAM
    Section Image

  • A

    Buyer's Agent in 2021

    Alyson Maupin

    REAL ESTATE III, INC.

    (434) 953-6112

    2 in this area

    22 Total Sales

    Alyson Maupin
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 619348

Bright MLS

APN: 18A 4 84

Virginia Fluvanna County Palmyra 22963

31 Out of Bounds Rd, Palmyra, VA

Not Listed for Sale

Detached

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