4 Out of Bounds Rd Palmyra, VA 22963
Estimated Value: $521,866 - $549,000
3
Beds
2
Baths
2,233
Sq Ft
$238/Sq Ft
Est. Value
Highlights
- On Golf Course
- Bar or Lounge
- Sitting Area In Primary Bedroom
- Community Boat Launch
- 24-Hour Security
- Gated Community
About This Home
As of September 2022Immaculate custom built golf front home. This well thought out single level living floor plan features a light filled vaulted great room with a floor to ceiling stone fireplace, hard wood flooring, built ins, formal dining room with bay window, eat in gourmet kitchen with ample cherry cabinets, granite counter space and breakfast bar. The master suite with custom tray ceiling, attached bath with double vanities, walk in tile shower, jacuzzi tub and abundant closet space leads out to a private sunroom / office space. An additional sunroom with two story windows overlooking the tee box leads out to a private deck. Walk up storage area above the garage offers opportunity for future finished space. Coveted location minutes to shopping and dining. Plenty of time this season left to be enjoying the golf course and all the other amenities the Lake Life offers!
Last Agent to Sell the Property
LONG & FOSTER - LAKE MONTICELLO License #0225102265 Listed on: 07/21/2022
Home Details
Home Type
- Single Family
Year Built
- Built in 2004
Lot Details
- 0.43 Acre Lot
- On Golf Course
- Property is zoned R-4 Residential
Home Design
- Concrete Block With Brick
- Composition Shingle Roof
- Vinyl Siding
Interior Spaces
- 1-Story Property
- Vaulted Ceiling
- Recessed Lighting
- Multiple Fireplaces
- Gas Log Fireplace
- Entrance Foyer
- Great Room with Fireplace
- Dining Room
- Home Office
- Golf Course Views
- Crawl Space
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Electric Range
- Microwave
- Dishwasher
- Kitchen Island
- Granite Countertops
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- Sitting Area In Primary Bedroom
- 3 Main Level Bedrooms
- Walk-In Closet
- Bathroom on Main Level
- 2 Full Bathrooms
- Primary bathroom on main floor
- Double Vanity
- Dual Sinks
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 2 Car Attached Garage
- Front Facing Garage
Outdoor Features
- Deck
- Playground
- Front Porch
Schools
- Central Elementary School
- Fluvanna Middle School
- Fluvanna High School
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
- Heating System Uses Propane
Listing and Financial Details
- Assessor Parcel Number 56
Community Details
Overview
- Property has a Home Owners Association
- Association fees include boat launch, play area, road maint, security force, trash pickup
- $855 HOA Transfer Fee
- Lake Monticello Subdivision
- Community Lake
Amenities
- Picnic Area
- Clubhouse
- Bar or Lounge
Recreation
- Community Boat Launch
- Tennis Courts
- Baseball Field
- Soccer Field
- Community Basketball Court
- Volleyball Courts
- Community Playground
- Community Pool
Security
- 24-Hour Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 21, 2022
Closed on
Sep 12, 2022
Sold by
Marie Burkey Donna
Bought by
Mcgowan Steven P and Mcgowan Judith L
Seller's Agent
Diane Miller
LONG & FOSTER - LAKE MONTICELLO
Buyer's Agent
Anita Dunbar
MONTAGUE, MILLER & CO. - WESTFIELD
List Price
$475,000
Sold Price
$475,000
Views
1
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,967
Avg. Annual Appreciation
3.47%
Purchase Details
Closed on
Apr 17, 2019
Sold by
Kerrigan Joesphe K and Kerrigan Carolyn J
Bought by
Morrision Burkey Donna Marie and Morrision Burkey Ronald
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,896
Interest Rate
5.5%
Mortgage Type
FHA
Similar Homes in Palmyra, VA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mcgowan Steven P | $475,000 | Old Republic National Title | |
| Morrision Burkey Donna Marie | $337,000 | Old Republic Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Burkey Donna Marie | $43,710 | |
| Previous Owner | Morrision Burkey Donna Marie | $330,896 | |
| Previous Owner | Kerrigan Joseph K | $100,000 | |
| Previous Owner | Kerrigan Joseph K | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/18/2022 09/18/22 | Sold | $475,000 | 0.0% | $213 / Sq Ft |
| 08/01/2022 08/01/22 | Pending | -- | -- | -- |
| 07/21/2022 07/21/22 | For Sale | $475,000 | -- | $213 / Sq Ft |
Source: Charlottesville area Association of Realtors®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $33 | $388,300 | $55,000 | $333,300 |
| 2023 | $3,277 | $388,300 | $55,000 | $333,300 |
| 2022 | $2,754 | $316,600 | $50,000 | $266,600 |
| 2021 | $2,754 | $316,600 | $50,000 | $266,600 |
| 2020 | $2,690 | $290,800 | $50,000 | $240,800 |
| 2019 | $2,690 | $290,800 | $50,000 | $240,800 |
| 2018 | $2,723 | $300,200 | $50,000 | $250,200 |
| 2017 | $2,723 | $300,200 | $50,000 | $250,200 |
| 2016 | $2,355 | $256,800 | $35,000 | $221,800 |
| 2015 | $2,191 | $256,800 | $35,000 | $221,800 |
| 2014 | $2,191 | $249,000 | $35,000 | $214,000 |
Source: Public Records
Agents Affiliated with this Home
-
Diane Miller
Seller's Agent in 2022
Diane Miller
LONG & FOSTER - LAKE MONTICELLO
(434) 960-5856
74 in this area
110 Total Sales
-
LARRY MILLER
Seller Co-Listing Agent in 2022
LARRY MILLER
LONG & FOSTER - LAKE MONTICELLO
(434) 960-9479
17 in this area
25 Total Sales
-
Anita Dunbar
Buyer's Agent in 2022
Anita Dunbar
MONTAGUE, MILLER & CO. - WESTFIELD
(434) 981-1421
2 in this area
48 Total Sales
Map
Source: Charlottesville area Association of Realtors®
MLS Number: 632970
APN: 18A-4-56
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