NOT LISTED FOR SALE

40 Riverside Dr Palmyra, VA 22963

Estimated Value: $90,000 - $304,000

0.34 Acre
$507,844 Price per Acre
14,810 Sq Ft Lot

Last Sold April 22, 2024

Last sale price $39,000

Est. 343% increase in value since last sale

Current estimated payment $1,003/month

2 Days on Market

Highlights

  • Community Lake
  • Tennis Courts
  • Trails
  • Clubhouse
  • Picnic Area
  • High Speed Internet

About This Lot

As of April 2024

Nice residential lot with gentle drop off located in the Riverside section of Lake Monticello. The property offers easy access to South Boston. Lot offers nice hard woods and would be suitable for walk out basement. Lake Monticello offers numerous amenities including a 352 Acre Lake, 18 Hole PGA rated golf course, 5 beaches, Marina, tennis/pickle ball courts, several play grounds, 2 club houses, basketball, numerous clubs and social activities as well as annual events. Located just 20 minutes from Cville and 45 from Short Pump, Lake Monticello is a quiet getaway yet easily commutable from all points central VA. Come see what all the fuss is about.

Last Agent to Sell the Property

Iris Helfrich

MONTICELLO COUNTRY REAL ESTATE, INC. License #0225073583 Listed on: 03/12/2024

Last Buyer's Agent

Tracey McFarlane

RE/MAX REALTY SPECIALISTS-CHARLOTTESVILLE License #0225058060

RE/MAX REALTY SPECIALISTS-CHARLOTTESVILLE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $200

Lot Details

  • 0.34 Acre Lot
  • Property is zoned R-4 Residential

HOA Fees

  • $82 Monthly HOA Fees

Schools

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

Utilities

  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 18A 6 48

Community Details

Overview

  • $800 HOA Transfer Fee
  • Lake Monticello Subdivision
  • Community Lake

Amenities

  • Picnic Area
  • Clubhouse
  • Community Center
  • Meeting Room

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Volleyball Courts
  • Community Playground
  • Trails

Property Details

Property Type

Land

Est. Annual Taxes

$200

Lot Details

0

HOA Fees

$82 per month

Listing Details

  • Class: LAND
  • Property Type: Built to Suit Residential
  • L V T Date: 03/12/2024
  • Parcel Number: 18A 6 48
  • Price Per Sq Ft: 114705.88
  • Zoning: R-4 Residential
  • Best Use: Residential
  • Subdivision: LAKE MONTICELLO
  • Comments: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Number Of Acres: 0.34

Utilities

  • Cable Available: Cable, Dish/Satellite, DSL, Fiber-Optic
  • Sewer/Septic System: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • Association Setup Transfer Fee Type: $
  • Association Setup Transfer Fees: 800
  • Association Frequency: Annual
  • Association Fee: 984
  • HOA Amenities: Basketball Court, Baseball Field, Beach, Boat Launch, Clubhouse, Community Room, Lake, Meeting Room, Picnic Area, Play Area, Soccer Field, Tennis, Volleyball, Walk/Run Trails
  • HOA: Yes

Tax Info

  • Year: 2024
  • Taxes: 200

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2025
Sold by
Liberty Homes Va Inc
Bought by
Tucker Carly and Fields Connor
Current Estimated Value
$172,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,999
Outstanding Balance
$325,548
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
-$152,881

Purchase Details

Listed on
Mar 12, 2024
Closed on
Apr 9, 2024
Sold by
Tsantes Thalia Kouvatas and Tsantes Stephanie A
Bought by
Liberty Homes Va Inc
Seller's Agent
Iris Helfrich
MONTICELLO COUNTRY REAL ESTATE, INC.
Buyer's Agent
Tracey McFarlane
RE/MAX REALTY SPECIALISTS-CHARLOTTESVILLE
List Price
$34,900
Sold Price
$39,000
Premium/Discount to List
$4,100
11.75%
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
139.93%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Tucker Carly $326,999 Old Republic National Title
Liberty Homes Va Inc $39,000 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tucker Carly $326,999
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2024 04/22/24 Sold $39,000 +11.7% --
03/14/2024 03/14/24 Pending -- -- --
03/12/2024 03/12/24 For Sale $34,900 -- --
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 $225 $30,000 $30,000 $0
2024 $2 $24,000 $24,000 $0
2023 $203 $24,000 $24,000 $0
2022 $174 $20,000 $20,000 $0
2021 $174 $20,000 $20,000 $0
2020 $185 $20,000 $20,000 $0
2019 $185 $20,000 $20,000 $0
2018 $227 $25,000 $25,000 $0
2017 $227 $25,000 $25,000 $0
2016 $229 $25,000 $25,000 $0
2015 $220 $25,000 $25,000 $0
2014 $220 $25,000 $25,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 650438

Charlottesville area Association of Realtors®

APN: 18A-6-48