NOT LISTED FOR SALE

38 Xebec Rd Palmyra, VA 22963

Estimated Value: $439,000 - $508,941

4 Beds
3.5 Baths
3,374 Sq Ft
$137/Sq Ft Est. Value

Last Sold November 15, 2024

Last sale price $395,000 $117 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,781/month

12 Days on Market

Highlights

  • Lake Front
  • Beach
  • Property is near a marina
  • Boat Dock
  • Golf Course Community
  • Home fronts a creek

About This Home

As of November 2024

Welcome to Lake Monticello!! A gated lake front community! This sprawling 3,374 sq ft home includes 4-5 bedrooms and 3.5 baths. Situated near beach #4 this recently renovated home includes all new flooring, new plumbing and electrical fixtures, new water heater, new oven, stainless steel LG appliances, gas fireplace in the expansive finished basement, and fresh paint throughout! Watch the wildlife on this park like half acre, including a family of deer, red fox, and turkey, from a 12 x 12 screened in back porch, 2 washer dryer options on first floor and basement, large unfinished 3rd floor with plumbing and electric roughed in! Kitchen, dining room, and living room are set up as an open concept floor plan. Two office areas, one on first floor and one in the basement. Gas fireplace, quality cabinets, tons of storage, and back deck! All bedrooms have ceiling fans, new carpet, double closets, and the primary includes a large walk in closet and attached primary bath! Lake Monticello has it all. Marina, pool, golf, beaches, gated security, and much more!! Make this beauty yours today!!! Owner is a licensed realtor in the state of Virginia . Home was recently appraised at 410,000.

Last Agent to Sell the Property

Nicolas Worsham

Real Broker LLC Brokerage Email: Membership@TheRealBrokerage.com License #0225220759 Listed on: 10/11/2024

Real Broker LLC

Last Buyer's Agent

NON MLS USER MLS

NON MLS OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,739

Year Built

  • Built in 2002 | Remodeled

Lot Details

  • 0.54 Acre Lot
  • Home fronts a creek
  • Lake Front
  • Home fronts navigable water
  • Partially Fenced Property
  • Privacy Fence
  • Sloped Lot
  • Wooded Lot
  • Zoning described as R-4

HOA Fees

  • $106 Monthly HOA Fees

Home Design

  • A-Frame Home
  • Fire Rated Drywall
  • Vinyl Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,374 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Water Views

Kitchen

  • Oven
  • Gas Cooktop
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Driveway
  • Unpaved Parking
  • Off-Street Parking

Outdoor Features

  • Outdoor Pool
  • Property is near a marina
  • Walking Distance to Water
  • Stoop

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Shared Well
  • Water Heater
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot 57
  • Assessor Parcel Number 18-A-12-57

Community Details

Overview

  • Lake Monticello Subdivision
  • Community Lake
  • Pond in Community

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Boat Dock
  • Community Boat Facilities
  • Beach
  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Community Playground

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,739

Year Built

Built in 2002 | Remodeled

Lot Details

0

HOA Fees

$106 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2002
  • Property Attached Yn: No
  • Attribution Contact: Membership@TheRealBrokerage.com
  • Lot Size Acres: 0.543
  • Ownership: Individuals
  • Subdivision Name: Lake Monticello
  • Architectural Style: A-Frame
  • Garage Yn: No
  • New Construction: No
  • Year Built Details: Renovated
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • General Property Information Below Grade Unfinished Area: 230.0
  • Special Features: None

Interior Features

  • Flooring: Partially Carpeted, Vinyl
  • Basement: Full, Heated, Walk-Out Access
  • Appliances: Dryer, Dishwasher, Electric Cooking, Electric Water Heater, Gas Cooking, Disposal, Oven, Washer
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 862.0
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Fireplace, High Ceilings, Laminate Counters
  • Living Area: 3374.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Fencing: Fenced, Partial, Privacy
  • Lot Features: Sloped, Wooded
  • Pool Features: Pool
  • View: Water
  • View: Yes
  • Waterfront Features: Creek, Lake, Navigable Water, Walk to Water
  • Waterfront: No
  • Disclosures: Deed Restriction, Familial Relation, Owner Is Listing Agent
  • Construction Type: Block, Drywall, Concrete, Vinyl Siding
  • Exterior Features: Unpaved Driveway
  • Patio And Porch Features: Stoop
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Driveway, Off Street, Unpaved

Utilities

  • Heating: Electric, Propane, Zoned
  • Cooling: Central Air, Electric, Zoned
  • Sewer: Community/Coop Sewer
  • Water Source: Community/Coop, Shared Well
  • Security: Gated Community
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Basketball Court, Beach, Boat Facilities, Common Grounds/Area, Clubhouse, Dock, Golf, Gated, Home Owners Association, Lake, Marina, Playground, Pond, Tennis Court(s)
  • Association Fee: 1266.9
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Clubhouse, Common Areas, Snow Removal, Trash

Schools

  • Middle Or Junior School: Fluvanna

Lot Info

  • Topography: Sloping
  • Parcel Number: 18-A-12-57
  • Zoning Description: R-4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2738.78
  • Tax Lot: 57

MLS Schools

  • Elementary School: Central
  • High School: Fluvanna

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2006
Sold by
Ruffa Mark A and Ruffa Gillian R
Bought by
Best Jack L and Best Kathleen M
Current Estimated Value
$463,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$112,925
Interest Rate
6.25%
Mortgage Type
Assumption
Estimated Equity
$350,722
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
Best Jack L $295,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Best Jack L $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2024 11/15/24 Sold $395,000 -1.2% $117 / Sq Ft
10/23/2024 10/23/24 Pending -- -- --
10/20/2024 10/20/24 Price Changed $399,975 -1.2% $119 / Sq Ft
10/17/2024 10/17/24 Price Changed $405,000 -2.4% $120 / Sq Ft
10/11/2024 10/11/24 For Sale $415,000 -- $123 / 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 $3,212 $428,300 $30,000 $398,300
2024 $19 $324,500 $30,000 $294,500
2023 $2,739 $324,500 $30,000 $294,500
2022 $2,404 $276,300 $27,500 $248,800
2021 $2,404 $276,300 $27,500 $248,800
2020 $2,366 $255,800 $27,500 $228,300
2019 $2,366 $255,800 $27,500 $228,300
2018 $2,223 $245,100 $27,500 $217,600
2017 $2,223 $245,100 $27,500 $217,600
2016 $2,085 $243,000 $27,500 $215,500
2015 $2,085 $243,000 $27,500 $215,500
2014 $2,085 $236,900 $27,500 $209,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2426835

Central Virginia Regional MLS

APN: 18A 12 57