Seller's Agent in 2022
Tara Savage
KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE
(434) 981-4458
20 in this area
318 Total Sales
42 Morewood Place Palmyra, VA 22963
Estimated Value: $340,000 - $360,000
3
Beds
2.5
Baths
1,830
Sq Ft
$190/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Gated Community
- Clubhouse
- Community Boat Launch
- Community Lake
- Deck
About This Home
As of December 2022New price! Everything you want - finished basement, garage, large fenced yard, updated throughout and in great condition, plus it's just a 2 minute walk to Beach 4! You will love the stylish interior of this fantastic Lake Monticello Home the minute you walk through the front door. Gorgeous new hardwood flooring was just installed in the living room that also features vaulted ceiling, skylights that fill the room with light, and a cozy fireplace with a wood stove insert for those chilly winter nights. The spacious kitchen and dining area boasts another vaulted ceiling, tile floors, and French doors that lead to the deck. Beautiful Hickory cabinets with tons of counter space, stylish appliances, and a pantry is sure to impress. Upstairs are 3 bedrooms, all with new hardwood flooring and ceiling fans, and 2 full bathrooms with updated vanities and tile flooring. The lower level rec room is perfect for kids to play, teens to hang out, or to have parties that spill out into the fenced back yard through the French doors leading to the double deck. Other special features of this lovely home include extra large paved driveway, freshly painted interior, upgraded casement windows throughout, all appliances convey, & 6 year young roof.
Last Agent to Sell the Property
KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE License #0225044570 Listed on: 10/03/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,678
Year Built
- Built in 1992
Lot Details
- 0.34 Acre Lot
- Picket Fence
- Partially Fenced Property
- Fence is in good condition
- Mature Landscaping
- Partially Wooded Lot
- Property is zoned R-4 Residential
HOA Fees
- $97 Monthly HOA Fees
Home Design
- Tri-Level Property
- Concrete Block With Brick
- Vinyl Siding
Interior Spaces
- Vaulted Ceiling
- Multiple Fireplaces
- Insulated Windows
- Casement Windows
- Entrance Foyer
- Living Room with Fireplace
- Dining Room
- Recreation Room
- Fire and Smoke Detector
Kitchen
- Electric Cooktop
- Microwave
- Dishwasher
- Formica Countertops
Flooring
- Wood
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
Laundry
- Laundry Room
- Dryer
- Washer
Basement
- Heated Basement
- Walk-Out Basement
- Partial Basement
- Basement Windows
Parking
- 2 Car Attached Garage
- Front Facing Garage
- Automatic Garage Door Opener
- Driveway
Outdoor Features
- Deck
- Playground
- Front Porch
Schools
- Central Elementary School
- Fluvanna Middle School
- Fluvanna High School
Utilities
- Wood Insert Heater
- Heat Pump System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 18 A 1C
Community Details
Overview
- Association fees include area maint, beach, play area, prof. mgmt., reserve fund, road maint, security system, snow removal, tennis, trash pickup, dock
- $855 HOA Transfer Fee
- Lake Monticello Subdivision
- Community Lake
Amenities
- Picnic Area
- Clubhouse
- Community Center
- Meeting Room
- Community Dining Room
Recreation
- Community Boat Launch
- Golf Course Community
- Tennis Courts
- Baseball Field
- Soccer Field
- Community Basketball Court
- Community Playground
- Community Pool
Security
- Security Service
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 3, 2022
Closed on
Nov 22, 2022
Sold by
Kennedy Shawn R
Bought by
Altizer Jonathan E and Altizer Kaitlyn C
Seller's Agent
Tara Savage
KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE
Buyer's Agent
MAGGIE MacINNIS
REAL ESTATE III, INC.
List Price
$315,000
Sold Price
$300,000
Premium/Discount to List
-$15,000
-4.76%
Views
9
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
$47,403
Avg. Annual Appreciation
5.45%
Original Mortgage
$300,000
Outstanding Balance
$291,594
Interest Rate
6.95%
Mortgage Type
VA
Estimated Equity
$54,778
Purchase Details
Closed on
Jun 30, 2022
Sold by
Kennedy Erin C
Bought by
Kennedy Shawn R
Purchase Details
Closed on
May 5, 2016
Sold by
John Brown Davidson
Bought by
Kennedy Shawn R and Kennedy Erin Casey
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,812
Interest Rate
3.37%
Mortgage Type
FHA
Purchase Details
Closed on
Nov 6, 2014
Sold by
Davidson John Brown and Davidson Linda R
Bought by
Davidson Trust and James L Morrison
Purchase Details
Closed on
Feb 17, 2014
Sold by
Davison John Brown and Davison Linda R
Bought by
Davidson John B and Davidson Linda R
Purchase Details
Closed on
Apr 18, 2011
Sold by
University Of Virginia Community Credit
Bought by
Landes Richard A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.82%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 8, 2011
Sold by
Billings Deborah Ann
Bought by
University Of Virginia Uva Community Cu
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Altizer Jonathan E | $300,000 | Chicago Title | |
| Kennedy Shawn R | -- | Dygert Wright Hobbs & Hernande | |
| Kennedy Shawn R | $176,000 | Chicago Title | |
| Davidson Trust | -- | -- | |
| Davidson John B | -- | None Available | |
| Landes Richard A | $150,000 | Chicago Title Insurance Corp | |
| University Of Virginia Uva Community Cu | $242,995 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Altizer Jonathan E | $300,000 | |
| Previous Owner | Kennedy Shawn R | $13,335 | |
| Previous Owner | Kennedy Shawn R | $172,812 | |
| Previous Owner | Landes Richard A | $150,000 | |
| Previous Owner | Billings Deborah Ann | $228,000 | |
| Previous Owner | Thomas Deborah Billings | $177,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/14/2022 12/14/22 | Sold | $300,000 | 0.0% | $164 / Sq Ft |
| 10/30/2022 10/30/22 | Pending | -- | -- | -- |
| 10/27/2022 10/27/22 | Price Changed | $299,900 | -1.7% | $164 / Sq Ft |
| 10/24/2022 10/24/22 | Price Changed | $305,000 | -3.2% | $167 / Sq Ft |
| 10/03/2022 10/03/22 | For Sale | $315,000 | -- | $172 / 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 |
|---|---|---|---|---|
| 2025 | $2,552 | $340,200 | $30,000 | $310,200 |
| 2024 | $19 | $223,700 | $30,000 | $193,700 |
| 2023 | $1,888 | $223,700 | $30,000 | $193,700 |
| 2022 | $1,678 | $192,900 | $27,500 | $165,400 |
| 2021 | $1,678 | $192,900 | $27,500 | $165,400 |
| 2020 | $1,636 | $176,900 | $27,500 | $149,400 |
| 2019 | $1,636 | $176,900 | $27,500 | $149,400 |
| 2018 | $1,551 | $171,000 | $27,500 | $143,500 |
| 2017 | $1,551 | $171,000 | $27,500 | $143,500 |
| 2016 | $1,524 | $166,200 | $27,500 | $138,700 |
| 2015 | $1,445 | $166,200 | $27,500 | $138,700 |
| 2014 | $1,445 | $164,200 | $27,500 | $136,700 |
Source: Public Records
Agents Affiliated with this Home
-
Tara Savage
-
MAGGIE MacINNIS
Buyer's Agent in 2022
MAGGIE MacINNIS
REAL ESTATE III, INC.
(434) 981-6669
15 in this area
39 Total Sales
Map
Source: Charlottesville area Association of Realtors®
MLS Number: 635336
APN: 18A-12-115
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