NOT LISTED FOR SALE

40 Xebec Rd Palmyra, VA 22963

Estimated Value: $801,000 - $895,297

5 Beds
5 Baths
4,127 Sq Ft
$208/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $739,900 $179 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,009/month

14 Days on Market

Highlights

  • Water Views
  • Golf Course Community
  • Bar or Lounge
  • Beach
  • Community Boat Launch
  • Two Primary Bedrooms

About This Home

As of October 2021

Impeccably Maintained Property with an Absolutely Magical Storybook Setting on an Oversized .77 Acre Lot. Dynamite formal dining with stunning set of windows featuring lakeside views, vaulted ceiling, exposed beams, built-ins. Custom double-sided fireplace with gorgeous brick hearth leading into the ultra relaxing living room with vaulted ceiling, skylights, solid hardwood floors & beautiful natural light. Gourmet kitchen with granite counters, breakfast bar, ss appliances, induction oven & convection microwave. Lovely main level master suite with beautiful sitting room/office, hardwood floors, separate vanities, oversized soaking tub, walk-in closet. 2nd story cat walk to the loft, guest quarters & sitting nook. Spread out in the terrace level with an expansive family room with fireplace, wet bar, playroom, storage & guest quarters. Plus sliders lead to the screened porch. Terrace level guest quarters with 2nd master suite, an additional guest bedroom, 1.5 baths. Enjoy one of the most private waterfront lots at the lake adjacent to 7+ acres owned by LMOA. Plus numerous outcroppings, fenced garden, irrigation. Loaded with gorgeous landscape & lush grassy spaces. Covered porch & deck too. An absolute must see!

Last Agent to Sell the Property

Maggie Gunnels Fornecker

LONG & FOSTER - LAKE MONTICELLO License #0225265900 Listed on: 09/02/2021

LONG & FOSTER - LAKE MONTICELLO

Last Buyer's Agent

KATHERINE MURPHY

HERITAGE REAL ESTATE CO. License #0225230809

HERITAGE REAL ESTATE CO.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,676

Year Built

  • Built in 2002

Lot Details

  • 0.73 Acre Lot
  • Landscaped
  • Native Plants
  • Secluded Lot
  • Gentle Sloping Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Private Yard
  • Property is zoned R-4 Residential

HOA Fees

  • $92 Monthly HOA Fees

Home Design

  • Concrete Block With Brick
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Vaulted Ceiling
  • Multiple Fireplaces
  • Fireplace With Glass Doors
  • Gas Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Loft
  • Sun or Florida Room
  • Wood Flooring
  • Water Views

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Convection Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Double Master Bedroom
  • Walk-In Closet
  • Primary bathroom on main floor
  • Double Vanity

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

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

Parking

  • 2 Car Attached Garage
  • Side Facing Garage

Eco-Friendly Details

  • Green Features

Outdoor Features

  • Pond
  • Storage Shed
  • Playground

Schools

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

Utilities

  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 18A 12 56

Community Details

Overview

  • Association fees include beach, boat launch, master ins. policy, play area, prof. mgmt., reserve fund, road maint, security force, snow removal, tennis, trash pickup, dock
  • $800 HOA Transfer Fee
  • Lake Monticello Subdivision
  • Community Lake

Amenities

  • Picnic Area
  • Clubhouse
  • Community Center
  • Meeting Room
  • Community Dining Room
  • Bar or Lounge

Recreation

  • Community Boat Launch
  • Beach
  • Golf Course Community
  • Tennis Courts
  • Baseball Field
  • Soccer Field
  • Community Basketball Court
  • Volleyball Courts
  • Community Playground
  • Community Pool
  • Trails

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,676

Year Built

Built in 2002

Lot Details

0.73 Acres

HOA Fees

$92 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 2806
  • Below Grade Total Sq Ft: 1468
  • Design: Cape Cod
  • Electricity: Elec Underground
  • Farm Remarks: An Impeccably Maintained Property with an Absolutely Magical Storybook Setting. Dynamite formal dining with stunning set of windows featuring lakeside views, vaulted ceiling, exposed beams, stunning windows , wet bar & a double-sided fireplace with custom brick hearth. Very relaxing living room with vaulted ceiling, skylights, solid hardwood floors & beautiful natural light. Gourmet kitchen with granite counters, breakfast bar, ss appliances, induction oven & convection microwave. Lovely master
  • L V T Date: 09/10/2021
  • Parcel Number: 18A 12 56
  • Price Per Sq Ft: 179.28
  • Total Sq Ft: 4674
  • Total Unfinished Sq Ft: 547
  • Type of Construction: On Site Built
  • Zoning: R-4 Residential
  • Subdivision: LAKE MONTICELLO
  • Comments: Yes
  • Concatenated Rooms1: |Foyer1|Living Roo1|Dining Roo1|Kitchen1|Master Bed1|Master BTH1|Home Offic1|Sun Room1|Laundry1|Half Bath1|Bedroom2|Bedroom2|Full Bath2|Loft2|Family RooB|BarB|OtherB|BedroomB|Half BathB|BedroomB|Full BathB|
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Unfinished Below Grade Sq Ft: 147
  • Fireplace: Gas, Glassed-in, Two
  • Laundry: Dryer, Dryer Hookup, Washer Hookup, Washer
  • Basement Type: Finished, Full, Heated, Inside Access, Outside Entrance, Walk Out, Windows
  • Room 1: Foyer, On Level: 1
  • Room 2: Living Room, On Level: 1
  • Room 3: Dining Room, On Level: 1
  • Room 4: Kitchen, On Level: 1
  • Room 5: Master Bedroom, On Level: 1
  • Room 6: Master Bath, On Level: 1
  • Room 7: Home Office, On Level: 1
  • Room 8: Sun Room, On Level: 1
  • Room 9: Laundry, On Level: 1
  • Room 10: Half Bath, On Level: 1
  • Room 11: Bedroom, On Level: 2
  • Room 12: Bedroom, On Level: 2
  • Room 13: Full Bath, On Level: 2
  • Room 14: Loft, On Level: 2
  • Room 15: Family Room, On Level: Basement
  • Room 16: Bar, On Level: Basement
  • Room 17: Other, On Level: Basement
  • Room 19: Half Bath, On Level: Basement
  • Room 20: Bedroom, On Level: Basement
  • Total Finished Sq Ft: 4127
  • Above Grade Finished Sq Ft: 2806
  • Basement: Yes
  • Bathroom: Attach Mstr Bath
  • Below Grade Finished Sq Ft: 1321
  • Fireplace Location: Living Room, Sun Room
  • Foundation: Concrete Block
  • Kitchen Appliances Feat: Breakfast Bar, Breakfast Nook, Dishwasher, Disposal, Microwave, Refrigerator, Convection Oven
  • Land Description: Gently Rolling, Landscape Lighting, Landscaped, Partly Cleared, Partly Wooded, Private, Secluded Lot, Water Front, Wooded
  • Level: 1.5 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 4
  • Below Grade Bathrooms: 1.5
  • Number of Main Level Bathrooms: 1.5
  • Number Beds: 5
  • Number Beds Below Grade: 2
  • Number Beds Main Level: 1
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Room 18: Bedroom, On Level: Basement
  • Room 21: Full Bath, On Level: Basement
  • Room Types: Bedroom, Dining Room, Family Room, Foyer, Full Bath, Half Bath, Home Office, Kitchen, Laundry, Living Room, Loft, Master Bedroom, Sun Room
  • Room Types Level1: Dining Room (L1), Foyer (L1), Half Bath (L1), Home Office (L1), Kitchen (L1), Laundry (L1), Living Room (L1), Master Bedroom (L1), Sun Room (L1)
  • Room Types Level2: Bedroom (L2+), Full Bath (L2+), Loft (L2+)
  • Room Types Level B: Bedroom (LB), Family Room (LB), Full Bath (LB), Half Bath (LB)
  • Source of Sq Ft: Public Records

Exterior Features

  • Exterior: Vinyl
  • Number Of Acres: 0.73
  • Roof: Architectural Style
  • Structure Deck Porch: Deck, Patio, Porch - Front, Porch - Screened
  • Structure Features: Dual Vanities, MBr Sitting Area, Two Master Bedrooms, Walk-in Closet
  • Structure Floors: Hardwood
  • Structure Security: Gated Community
  • Structure Window Ceiling: Vaulted/Cathedral Ceiling
  • View: Water View, Wooded View
  • Water Property: Pond / Lake
  • Yard: Landscaped, Native Species, Private, Sunny, Wooded

Garage/Parking

  • Garage: Yes
  • Unfinished Above Grade Garage: 400
  • Garage Features: Attached, Faces Side
  • Number of Car Spaces: 2
  • Total Above Grade Garage: 400

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Cable Available: Cable
  • Gas: Liquid Propane
  • Security: Deadbolts, Security Force
  • Sewer/Septic System: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • HOA/COA Amenities: Bar/Lounge, Baseball Field, Basketball Court, Beach, Boat Launch, Clubhouse, Community Room, Dining Rooms, Golf, Lake, Meeting Room, Picnic Area, Play Area, Pool, Soccer Field, Tennis, Volleyball, Walk/Run Trails
  • Association Setup Transfer Fee Type: $
  • Association Setup Transfer Fees: 800
  • Association Fee: HOA
  • Association Frequency: Monthly
  • Association Includes: Beach, Boat Launch, Master Ins. Policy, Play Area, Prof. Mgmt., Reserve Fund, Road Maint, Security Force, Snow Removal, Tennis, Trash Pickup, Dock
  • Association Fee: 92

Green Features

  • Green Features: Yes
  • Green Lot: Native Plants

Lot Info

  • Lot Features: Private Gated Community, Private Road, Storage Shed

Building Info

  • Year Built: 2002

Tax Info

  • Year: 2021
  • Taxes: 4676

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2021
Closed on
Oct 12, 2021
Sold by
Burns Kathryn R and Burns Carlos A
Bought by
Foley Monica and Collins Todd
Seller's Agent
Maggie Gunnels Fornecker
LONG & FOSTER - LAKE MONTICELLO
Buyer's Agent
KATHERINE MURPHY
HERITAGE REAL ESTATE CO.
List Price
$739,900
Sold Price
$739,900
Current Estimated Value
$857,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,199
Avg. Annual Appreciation
3.39%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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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
Foley Monica $739,900 Chicago Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2021 10/15/21 Sold $739,900 0.0% $179 / Sq Ft
09/16/2021 09/16/21 Pending -- -- --
09/02/2021 09/02/21 For Sale $739,900 -- $179 / Sq Ft
Source: Charlottesville area Association of Realtors®

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 $6,068 $809,000 $145,000 $664,000
2024 $15 $633,700 $145,000 $488,700
2023 $5,348 $633,700 $145,000 $488,700
2022 $4,602 $529,000 $145,000 $384,000
2021 $4,602 $529,000 $145,000 $384,000
2020 $5,049 $545,800 $182,500 $363,300
2019 $5,049 $545,800 $182,500 $363,300
2018 $4,845 $534,200 $182,500 $351,700
2017 $4,845 $534,200 $182,500 $351,700
2016 $4,130 $476,600 $162,500 $314,100
2015 $4,130 $476,600 $162,500 $314,100
2014 $4,130 $469,300 $162,500 $306,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 621779

Charlottesville area Association of Realtors®

APN: 18A 12 56

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