NOT LISTED FOR SALE

38 Morewood Place Palmyra, VA 22963

Lake Monticello Area

Estimated Value: $407,239 - $442,000

4 Beds
2.5 Baths
2,426 Sq Ft
$175/Sq Ft Est. Value

Sale Details

Date Sold: June 5, 2020

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

Est. 68% increase in value since last sale

Current estimated payment $2,676 / mo

47 Days on Market

Highlights

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

About This Home

As of June 2020

"Price Improvement" Seller is offering $8,000 in concessions. The modern farmhouse of your dreams! Welcome home to this lovely 4 bedroom, 2.5 bathroom house with lakeside view! Set in a beautifully landscaped gated community,double car garage and gorgeous front deck. Come inside to beautiful natural lighting, hardwood floors and spacious living throughout. The double glass paned french doors lead to your own private study and den with gas fireplace! Relax in the spacious living room with access to the large wooden deck, perfect for warm summertime entertaining. The kitchen features natural wood cabinets, plenty of counter space, double sink and black and stainless steel appliances. Beautiful black tile backsplash and black tile countertops make this kitchen a standout! Enjoy breakfast every morning in the cozy breakfast nook with gorgeous views, courtesy of the large bay windows. A level lot and fenced back yard is perfect for warm weather entertaining. Amenities include a clubhouse, tennis court, basketball, and golf course.Minutes away from shopping and dining, this home is not one to miss!

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

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
  • Fire Rated Drywall
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding
  • Concrete Block And Stucco Construction

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

Pool

Outdoor Features

  • 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

0.34 Acres

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2008
Sold by
Allison Stephen T and Allison Regina D
Bought by
Current Estimated Value
$426,843

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Palmyra, VA

  • Doug McGowan Real Estate Agent - RE/MAX REALTY SPECIALISTS-CHARLOTTESVILLE

    Doug McGowan

    RE/MAX REALTY SPECIALISTS-CHARLOTTESVILLE

    (434) 443-7532

    64 Total Sales

    2 in Lake Monticello

    $370,000 Price Range

    Doug McGowan
     Section Image
  • Cynthia Hash Real Estate Agent - FIND HOMES REALTY LLC

    Cynthia Hash

    FIND HOMES REALTY LLC

    (434) 443-7402

    100 Total Sales

    3 in Lake Monticello

    $335K - $343K Price Range

    Cynthia Hash
     Section Image
  • Errin Kardos-Searcy Real Estate Agent - STORY HOUSE REAL ESTATE

    Errin Kardos-Searcy

    STORY HOUSE REAL ESTATE

    (434) 443-8846

    171 Total Sales

    35 in Lake Monticello

    $20K - $660K Price Range

    Errin Kardos-Searcy
     Section Image
  • Greg Kaplan Real Estate Agent - RE/MAX ADVANTAGE-WAYNESBORO

    Greg Kaplan

    RE/MAX ADVANTAGE-WAYNESBORO

    (540) 712-8864

    91 Total Sales

    2 in Lake Monticello

    $263K - $559K Price Range

    Greg Kaplan
     Section Image
  • Ruth Guss Real Estate Agent - RE/MAX REALTY SPECIALISTS-CHARLOTTESVILLE

    Ruth Guss

    RE/MAX REALTY SPECIALISTS-CHARLOTTESVILLE

    (434) 260-3172

    75 Total Sales

    23 in Lake Monticello

    $273K - $567K Price Range

    Ruth Guss
     Section Image
  • SABINA MARTIN Real Estate Agent - REAL ESTATE III, INC.

    SABINA MARTIN

    REAL ESTATE III, INC.

    (434) 443-7692

    80 Total Sales

    1 in Lake Monticello

    $393,000 Price

    SABINA MARTIN
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$263,000 None Available
Allison Stephen T $306,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $2,962 $392,300 $30,000 $362,300
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

  • Dustin Olverson Real Estate Agent - EXP Realty LLC

    Seller's Agent in 2020

    Dustin Olverson

    EXP Realty LLC

    (804) 720-1286

    141 Total Sales

    Dustin Olverson
    Section Image

  • JV

    Seller Co-Listing Agent in 2020

    Jaclyn Vaseleck

    EXP Realty, LLC

    Section Image

  • NM

    Buyer's Agent in 2020

    NON MLS USER MLS

    NON MLS OFFICE

See All Agents

Map

Source: Central Virginia Regional MLS

MLS Number: 2008520

Central Virginia Regional MLS

APN: 18A-12-113

Virginia Fluvanna County Palmyra 22963

38 Morewood Place, Palmyra, VA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Virginia Regional MLS All or a portion of th multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2026 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

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