NOT LISTED FOR SALE

38 Chippewa Ln Palmyra, VA 22963

Estimated Value: $313,000 - $323,739

3 Beds
2 Baths
1,308 Sq Ft
$242/Sq Ft Est. Value

Last Sold October 19, 2022

Last sale price $286,000 $219 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,924/month

5 Days on Market

Highlights

  • Beach
  • Clubhouse
  • Granite Countertops
  • Community Boat Launch
  • Multiple Fireplaces
  • Community Pool

About This Home

As of October 2022

WELCOME to Lake Monticello! This adorable first level home is located just outside the gates of the Lake. As you pull up to 38 Chippewa Lane, you will notice a large corner lot with a paved driveway, garage, and multiple gardens that surround the home. When you walk in the front door you will see beautiful hardwood floors and built-ins beside the gas burning fireplace. This home features a remodeled kitchen with upgraded white cabinets, stainless-steel appliances, and a breakfast area. The primary suite has a large walk-in closet and plenty of natural light. There are two additional bedrooms, a full bathroom, and laundry. The outside is a gardener's dream, covered front porch, back deck, and large storage shed with electricity. Come see all this charming lake home has to offer!

Last Agent to Sell the Property

Stephanie Shellenberger

AVENUE REALTY, LLC License #0225224256 Listed on: 09/10/2022

Last Buyer's Agent

Sarah Monceaux

AVENUE REALTY, LLC License #0225235751

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,580

Year Built

  • Built in 1997

Lot Details

  • 0.38 Acre Lot
  • Property is zoned R-1 Residential

HOA Fees

  • $97 Monthly HOA Fees

Home Design

  • Concrete Block With Brick

Interior Spaces

  • 1,308 Sq Ft Home
  • 1-Story Property
  • Multiple Fireplaces
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room
  • Laundry Room

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

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

Parking

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

Outdoor Features

  • Playground

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 18A 10 325

Community Details

Overview

  • Association fees include area maint, beach, club house, master ins. policy, play area, pool, road maint, reserve fund, snow removal, tennis, trash pickup
  • $855 HOA Transfer Fee
  • Lake Monticello Subdivision

Amenities

  • Picnic Area
  • Clubhouse
  • Community Center

Recreation

  • Community Boat Launch
  • Beach
  • Soccer Field
  • Community Basketball Court
  • Community Playground
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,580

Year Built

Built in 1997

Lot Details

0

HOA Fees

$97 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 1308
  • L V T Date: 09/14/2022
  • Parcel Number: 18A 10 325
  • Price Per Sq Ft: 218.65
  • Property Included: Gas stove, dishwasher, refrigerator, washer and dryer, rain barrels, shed sold "as is"
  • Total Sq Ft: 1644
  • Total Unfinished Sq Ft: 336
  • Type of Construction: On Site Built
  • Zoning: R-1 Residential
  • Subdivision: LAKE MONTICELLO
  • Comments: Yes
  • Concatenated Rooms1: |Living Roo1|Kitchen1|Laundry1|Master Bed1|Master BTH1|Bedroom1|Bedroom1|Full Bath1|
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Gas, One
  • Room 1: Living Room,On Level: 1
  • Room 2: Kitchen,On Level: 1
  • Room 3: Laundry,On Level: 1
  • Room 4: Master Bedroom,On Level: 1
  • Room 5: Master Bath,On Level: 1
  • Room 6: Bedroom,On Level: 1
  • Room 7: Bedroom,On Level: 1
  • Room 8: Full Bath,On Level: 1
  • Total Finished Sq Ft: 1308
  • Above Grade Finished Sq Ft: 1308
  • Fireplace Location: Family Room
  • Foundation: Concrete Block
  • Kitchen Appliances Feat: Dishwasher, Gas Cooktop, Refrigerator
  • Kitchen Cabinets Counters: Granite, White Cabinets
  • Level: 1 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 2
  • Number of Main Level Bathrooms: 2
  • Number Beds: 3
  • Number Beds Main Level: 3
  • Full Bathrooms: 2
  • Room Types: Bedroom, Full Bath, Kitchen, Laundry, Living Room, Master Bedroom
  • Room Types Level1: Bedroom (L1), Full Bath (L1), Kitchen (L1), Laundry (L1), Living Room (L1), Master Bedroom (L1)
  • Source of Sq Ft: Public Records

Exterior Features

  • Number Of Acres: 0.38

Garage/Parking

  • Garage: Yes
  • Unfinished Above Grade Garage: 336
  • Garage Features: Attached, Auto Door, Electricity, Faces Front, Windows
  • Number of Car Spaces: 1
  • Total Above Grade Garage: 336

Utilities

  • Cooling: Central AC, 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, Boat Launch, Clubhouse, Community Room, Picnic Area, Play Area, Pool, Soccer Field, Walk/Run Trails
  • Association Setup Transfer Fee Type: $
  • Association Setup Transfer Fees: 855
  • Association Fee: HOA
  • Association Frequency: Annual
  • Association Includes: Area Maint, Beach, Club House, Master Ins. Policy, Play Area, Pool, Road Maint, Reserve Fund, Snow Removal, Tennis, Trash Pickup
  • Association Fee: 1164

Building Info

  • Year Built: 1997

Tax Info

  • Year: 2022
  • Taxes: 1580

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2022
Closed on
Sep 29, 2022
Sold by
Bush James R and Bush Rosemary B
Bought by
Monceaux Jonathan Cory and Monceaux Anna
Seller's Agent
Stephanie Shellenberger
AVENUE REALTY, LLC
Buyer's Agent
Sarah Monceaux
AVENUE REALTY, LLC
List Price
$275,000
Sold Price
$286,000
Premium/Discount to List
$11,000
4%
Views
10
Current Estimated Value
$320,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,821
Avg. Annual Appreciation
3.13%
Original Mortgage
$243,100
Outstanding Balance
$233,100
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$83,085

Purchase Details

Closed on
Jun 28, 2017
Sold by
Sturm Sarah B
Bought by
Bush James R and Bush Rosemary B

Purchase Details

Closed on
May 6, 2010
Sold by
Pnc Bank Na
Bought by
Sturm Sarah B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,283
Interest Rate
4.87%
Mortgage Type
FHA
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
Monceaux Jonathan Cory $286,000 Old Republic National Title
Bush James R $199,000 --
Sturm Sarah B $150,000 Southern Title Ins Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Monceaux Jonathan Cory $243,100
Previous Owner Sturm Sarah B $147,283
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2022 10/19/22 Sold $286,000 +4.0% $219 / Sq Ft
09/15/2022 09/15/22 Pending -- -- --
09/10/2022 09/10/22 For Sale $275,000 -- $210 / 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 $1,988 $265,100 $30,000 $235,100
2024 $18 $215,800 $30,000 $185,800
2023 $1,821 $215,800 $30,000 $185,800
2022 $1,580 $181,600 $25,000 $156,600
2021 $1,580 $181,600 $25,000 $156,600
2020 $1,537 $166,200 $25,000 $141,200
2019 $1,537 $166,200 $25,000 $141,200
2018 $1,335 $147,200 $25,000 $122,200
2017 $1,335 $147,200 $25,000 $122,200
2016 $1,317 $143,600 $25,000 $118,600
2015 $1,242 $143,600 $25,000 $118,600
2014 $1,242 $141,100 $25,000 $116,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 634595

Charlottesville area Association of Realtors®

APN: 18A-10-325