NOT LISTED FOR SALE

38 Morewood Place Palmyra, VA 22963

Estimated Value: $399,000 - $431,000

4 Beds
2.5 Baths
2,426 Sq Ft
$172/Sq Ft Est. Value

Last Sold June 05, 2020

Last sale price $253,500 $104 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,589/month

47 Days on Market

Highlights

  • Golf Course Community
  • Outdoor Pool
  • Colonial Architecture
  • Property is near a marina
  • Gated Community
  • Clubhouse

About This Home

As of June 2020

Beautiful home on fantastic lot in gated communities. Just steps to beach, fenced in backyard, beautiful covered porch and 2 car garage. Spacious family room, formal dining and living rooms. Large eat-in kitchen with breakfast nook overlooking large fenced yard. Large master suite with sitting room and en-suite bath including soaking tub and separate shower, double vanities, large walk-in closet and second closet. Additional 3 spacious bedrooms. Level lot. Amenities include lake, playgrounds, tennis courts, golf course and pool. Convenient to shopping and restaurants.

Last Agent to Sell the Property

Dustin Olverson

EXP Realty LLC License #0225239631 Listed on: 03/20/2020

EXP Realty LLC

Co-Listed By

Jaclyn Vaseleck

EXP Realty LLC License #0225242223

Last Buyer's Agent

NON MLS USER MLS

NON MLS OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,318

Year Built

  • Built in 1999

Lot Details

  • Wood Fence

HOA Fees

  • $74 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,426 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Dining Area
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Outdoor Pool
  • Property is near a marina
  • Deck
  • Front Porch

Schools

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

Utilities

  • Cooling Available
  • Heating Available
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 18A 12 113

Community Details

Overview

  • Lake Monticello Subdivision

Recreation

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

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,318

Year Built

Built in 1999

Lot Details

0

HOA Fees

$74 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1999
  • Property Attached Yn: No
  • Co List Office Mls Id: KWMS02
  • Co List Office Phone: 804-282-5901
  • Ownership: Individuals
  • Subdivision Name: Lake Monticello
  • Architectural Style: Colonial, Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Carpet, Vinyl, Wood
  • Basement: Crawl Space
  • Appliances: Cooktop, Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Dining Area, Eat-in Kitchen
  • Living Area: 2426.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition, Shingle
  • Fencing: Wood
  • Pool Features: Pool, Community
  • Waterfront: No
  • Construction Type: Block, Drywall, Concrete, Vinyl Siding
  • Exterior Features: Deck, Paved Driveway
  • Patio And Porch Features: Front Porch, Deck
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage, Paved

Utilities

  • Heating: Electric
  • Cooling: Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Gated Community
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Basketball Court, Clubhouse, Golf, Gated, Home Owners Association, Marina, Pool, Tennis Court(s)
  • Amenities: Management
  • Association Fee: 887.18
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Clubhouse

Schools

  • Middle Or Junior School: Fluvanna

Lot Info

  • Parcel Number: 18A 12 113
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2318.0

MLS Schools

  • Elementary School: Central
  • High School: Fluvanna

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2008
Sold by
Allison Stephen T and Allison Regina D
Bought by
Babin Larry Andrew and Babin Chrissie Rodriguez
Current Estimated Value
$417,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,679
Interest Rate
6%
Mortgage Type
VA

Purchase Details

Closed on
Jun 19, 2006
Sold by
Hilfer Matthew T and Hilfer Sarah A
Bought by
Allison Stephen T and Allison Regina D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,800
Interest Rate
6.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Babin Larry Andrew $263,000 None Available
Allison Stephen T $306,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Mercedes M $189,600
Closed Babin Larry Andrew $234,625
Closed Babin Larry Andrew $266,176
Closed Babin Larry Andrew $271,679
Previous Owner Allison Stephen T $244,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2020 06/24/20 Rented $1,750 0.0% --
06/11/2020 06/11/20 Price Changed $1,750 -5.4% $1 / Sq Ft
06/09/2020 06/09/20 For Rent $1,850 0.0% --
06/05/2020 06/05/20 Sold $253,500 -9.1% $104 / Sq Ft
05/06/2020 05/06/20 Pending -- -- --
04/16/2020 04/16/20 Price Changed $279,000 -1.8% $115 / Sq Ft
04/10/2020 04/10/20 For Sale $284,000 0.0% $117 / Sq Ft
03/27/2020 03/27/20 Pending -- -- --
03/20/2020 03/20/20 For Sale $284,000 -- $117 / Sq Ft
Source: Central Virginia Regional 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 $2,942 $392,300 $30,000 $362,300
2024 $27 $320,000 $30,000 $290,000
2023 $2,701 $320,000 $30,000 $290,000
2022 $2,361 $271,400 $27,500 $243,900
2021 $2,361 $271,400 $27,500 $243,900
2020 $2,318 $250,600 $27,500 $223,100
2019 $2,318 $250,600 $27,500 $223,100
2018 $2,155 $237,600 $27,500 $210,100
2017 $2,155 $237,600 $27,500 $210,100
2016 $2,116 $230,700 $27,500 $203,200
2015 $1,965 $230,700 $27,500 $203,200
2014 $1,965 $223,300 $27,500 $195,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2008520

Central Virginia Regional MLS

APN: 18A-12-113