NOT LISTED FOR SALE

40 Woodlawn Dr Palmyra, VA 22963

Estimated Value: $452,000 - $479,000

4 Beds
3.5 Baths
3,003 Sq Ft
$155/Sq Ft Est. Value

Last Sold March 13, 2024

Last sale price $450,000 $150 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,932/month

19 Days on Market

Highlights

  • Beach
  • Community Lake
  • Deck
  • Community Boat Launch
  • Clubhouse
  • Living Room with Fireplace

About This Home

As of March 2024

Beautiful colonial home at Lake Monticello. This freshly updated home features 4 BR, 3.5 baths. One-owner home that has been well taken care of with lots of new finishes. When arriving you will notice the beautiful flat front lawn. Enjoy relaxing on your wrap-around front porch. When entering you will love the 2-story foyer that provides tons of natural light. The spacious living room has a gas fireplace and looks onto your screened-in porch and rear deck. The kitchen features a large island, backsplash, stainless steel appliances, and pantry. There is an office or formal dining room on the main level. Upstairs there are 2 bedrooms and the master bedroom. The finished basement has a workshop, bedroom, full bathroom, and family room. This home sits on a larger lot which is 3/4 of an acre. Paved driveway. The shed was recently added and has electricity.

Last Agent to Sell the Property

Yvette Okros

AVENUE REALTY, LLC License #0225057745 Listed on: 01/17/2024

Last Buyer's Agent

LINDA WILLER

RE/MAX REALTY SPECIALISTS-CHARLOTTESVILLE License #0225083818

RE/MAX REALTY SPECIALISTS-CHARLOTTESVILLE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,900

Year Built

  • Built in 1996

Lot Details

  • 0.7 Acre Lot
  • Gentle Sloping Lot
  • Property is zoned R-4 Residential

HOA Fees

  • $104 Monthly HOA Fees

Home Design

  • Concrete Block With Brick
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Gas Log Fireplace
  • Family Room
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Screened Porch
  • Utility Room
  • Luxury Vinyl Plank Tile Flooring
  • Dishwasher

Bedrooms and Bathrooms

  • Primary Bedroom on Main
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Windows

Outdoor Features

  • Deck
  • Playground

Schools

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

Utilities

  • Heat Pump System
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 18A 8 249

Community Details

Overview

  • $855 HOA Transfer Fee
  • Lake Monticello Subdivision
  • Community Lake

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Community Boat Launch
  • Beach
  • Community Basketball Court
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,900

Year Built

Built in 1996

Lot Details

0

HOA Fees

$104 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 2152
  • Below Grade Total Sq Ft: 1064
  • Design: Colonial
  • L V T Date: 01/19/2024
  • Parcel Number: 18A 8 249
  • Price Per Sq Ft: 149.85
  • Total Sq Ft: 3216
  • Total Unfinished Sq Ft: 213
  • Type of Construction: On Site Built
  • Zoning: R-4 Residential
  • Subdivision: LAKE MONTICELLO
  • Comments: Yes
  • Concatenated Rooms1: |Living Roo1|Dining Roo1|Kitchen1|Breakfast1|Half Bath1|Pri Bath2|Pri Bed2|Full Bath2|Bedroom2|Bedroom2|Family RooB|Full BathB|BedroomB|Utility RoB|
  • Structures Deck Porch: Deck, Patio - Covered, Porch - Front, Porch - Rear, Porch - Screened, Porch - Side, Wood
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Unfinished Below Grade Sq Ft: 213
  • Fireplace: Gas Logs
  • Laundry: Dryer, Washer
  • Basement Type: Finished, Partly Finished, Walk Out, Windows
  • Room 1: Living Room,On Level: 1
  • Room 2: Dining Room,On Level: 1
  • Room 3: Kitchen,On Level: 1
  • Room 4: Breakfast Room,On Level: 1
  • Room 5: Half Bath,On Level: 1
  • Room 6: Pri Bath,On Level: 2
  • Room 7: Pri Bed,On Level: 2
  • Room 8: Full Bath,On Level: 2
  • Room 9: Bedroom,On Level: 2
  • Room 10: Bedroom,On Level: 2
  • Room 11: Family Room,On Level: Basement
  • Room 12: Full Bath,On Level: Basement
  • Room 13: Bedroom,On Level: Basement
  • Room 14: Utility Room,On Level: Basement
  • Total Finished Sq Ft: 3003
  • Above Grade Finished Sq Ft: 2152
  • Basement: Yes
  • Below Grade Finished Sq Ft: 851
  • Fireplace Location: Living Room
  • Foundation: Concrete Block
  • Kitchen Appliances Feat: Dishwasher, Refrigerator
  • Kitchen Cabinets Counters: Solid Surface Counter, Wood Cabinets
  • Land Description: Gently Rolling
  • Level: 2 Story
  • Master Bedon Main Level: Yes
  • Bathrooms: 3.5
  • Below Grade Bathrooms: 1
  • Number of Main Level Bathrooms: 0.5
  • Number Beds: 4
  • Number Beds Below Grade: 1
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Room Types: Bedroom, Breakfast Room, Dining Room, Family Room, Full Bath, Half Bath, Kitchen, Living Room, Utility Room
  • Room Types Level1: Breakfast Room (L1), Dining Room (L1), Half Bath (L1), Kitchen (L1), Living Room (L1)
  • Room Types Level2: Bedroom (L2+), Full Bath (L2+)
  • Room Types Level B: Bedroom (LB), Family Room (LB), Full Bath (LB), Utility Room (LB)
  • Source of Sq Ft: Public Records

Exterior Features

  • Exterior: Vinyl
  • Number Of Acres: 0.7
  • Roof: Architectural Style
  • Structure Features: Walk-in Closet
  • Structure Floors: Luxury Vinyl Plank
  • View: Wooded View

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Cable Available: Dish/Satellite
  • Sewer/Septic System: Community Sewer
  • Water: Community Water

Condo/Co-op/Association

  • HOA/COA Amenities: Basketball Court, Beach, Boat Launch, Clubhouse, Lake, Picnic Area, Play Area
  • Association Setup Transfer Fee Type: $
  • Association Setup Transfer Fees: 855
  • Association Fee: HOA
  • Association Frequency: Annual
  • Association Fee: 1250

Schools

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

Building Info

  • Year Built: 1996

Tax Info

  • Year: 2022
  • Taxes: 2899.98

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 2025
Sold by
Schaffer Matthew and Schaffer Terri
Bought by
Matthew J Schaffer And Terri K Schaffer Livin and Schaffer
Current Estimated Value
$465,111

Purchase Details

Listed on
Jan 17, 2024
Closed on
Mar 6, 2024
Sold by
Humbert Ronald L and Humbert Debora A
Bought by
Schaffer Matthew and Schaffer Terri
Seller's Agent
Yvette Okros
AVENUE REALTY, LLC
Buyer's Agent
LINDA WILLER
RE/MAX REALTY SPECIALISTS-CHARLOTTESVILLE
List Price
$450,000
Sold Price
$450,000
Views
73

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.29%
Original Mortgage
$150,000
Interest Rate
5.94%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Matthew J Schaffer And Terri K Schaffer Livin -- None Listed On Document
Schaffer Matthew $450,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schaffer Matthew $150,000
Previous Owner Humbert Ronald L $219,800
Previous Owner Humbert Ronald L $30,000
Previous Owner Humbert Ronald L $210,448
Previous Owner Humbert Ronald L $236,000
Previous Owner Humbert Ronald L $223,000
Previous Owner Humbert Ronald L $223,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2024 03/13/24 Sold $450,000 0.0% $150 / Sq Ft
02/05/2024 02/05/24 Pending -- -- --
01/17/2024 01/17/24 For Sale $450,000 -- $150 / Sq Ft
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 $3,376 $450,100 $33,000 $417,100
2024 $29 $343,600 $33,000 $310,600
2023 $2,900 $343,600 $33,000 $310,600
2022 $2,567 $295,000 $30,000 $265,000
2021 $2,567 $295,000 $30,000 $265,000
2020 $2,522 $272,600 $30,000 $242,600
2019 $2,522 $272,600 $30,000 $242,600
2018 $2,365 $260,700 $30,000 $230,700
2017 $2,365 $260,700 $30,000 $230,700
2016 $2,343 $255,500 $30,000 $225,500
2015 $2,196 $255,500 $30,000 $225,500
2014 $2,196 $249,600 $30,000 $219,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 648802

Charlottesville area Association of Realtors®

APN: 18A-8-249