$415,000
SOLD JUL 8, 2025

43 Out of Bounds Rd Palmyra, VA 22963

3 Beds
2 Baths
1,568 Sq Ft
0.39 Acres

Recently Sold

$265 Per Sq Ft

2% Below List Price

2 Days on Market

Highlights

  • Beach
  • Outdoor Pool
  • Community Lake
  • On Golf Course
  • Gated Community
  • Clubhouse

About This Home

As of July 2025

Welcome to this beautifully maintained 3-bedroom, 2-bathroom ranch-style home nestled in the highly sought-after Lake Monticello community. Located directly on the golf course, this residence offers scenic views, privacy, and a relaxed lifestyle in a serene setting.
Step inside to find gleaming hardwood floors in the spacious living and dining areas, complemented by a cozy gas fireplace—perfect for gathering on cool evenings. The eat-in kitchen features newly replaced counters and backsplash as well modern appliances (updated in 2019) with a layout that is ideal for both casual meals and entertaining. The home has three comfortable carpeted bedrooms, including the primary suite which features an en-suite bath and ample closet space. Enjoy year-round relaxation on the rear screened-in porch, complete with a mini-split system for heating and cooling which leads to a freshly designed backyard oasis, showcasing a new deck, patio, and retaining wall—perfect for outdoor dining, entertaining, or simply unwinding after a day on the course. Additional recent upgrades include: New roof (2023) New gutters (2024) New water heater (2023) New furnace (2018). The low-maintenance lot means more time to enjoy all that Lake Monticello has to offer, including boating, beaches, tennis, and of course, golf. Don’t miss your opportunity to live in comfort and style in one of Central Virginia’s premier lake communities!

Last Agent to Sell the Property

Curt Reichstetter

Two Dog Realty License #0225078136 Listed on: 05/25/2025

Last Buyer's Agent

NON MLS USER MLS

NON MLS OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,327

Year Built

  • Built in 1997

Lot Details

  • 0.39 Acre Lot
  • On Golf Course
  • Cul-De-Sac
  • Zoning described as R-4

HOA Fees

  • $117 Monthly HOA Fees

Parking

  • 1.5 Car Direct Access Garage
  • Driveway
  • Unpaved Parking

Home Design

  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,568 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Separate Formal Living Room
  • Dining Area
  • Screened Porch
  • Golf Course Views
  • Breakfast Area or Nook

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Pool

  • Outdoor Pool

Schools

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

Utilities

  • Cooling Available
  • Heating System Uses Propane
  • Heat Pump System
  • Propane Water Heater

Listing and Financial Details

  • Tax Lot 79
  • Assessor Parcel Number 18-A-4-79

Community Details

Overview

  • Lake Monticello Subdivision
  • Community Lake
  • Pond in Community

Recreation

  • Beach
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,327

Year Built

Built in 1997

Lot Details

0

HOA Fees

$117 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1997
  • Property Attached Yn: No
  • Road Frontage Type: Golf Course
  • Lot Size Acres: 0.393
  • Ownership: Individuals
  • Subdivision Name: Lake Monticello
  • Above Grade Finished Sq Ft: 1568.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Partially Carpeted, Tile, Wood
  • Appliances: Propane Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bedroom on Main Level, Breakfast Area, Dining Area, Separate/Formal Dining Room, Bath in Primary Bedroom, Main Level Primary, Pantry
  • Living Area: 1568.0
  • Stories: 1

Exterior Features

  • Roof: Composition
  • Fencing: None
  • Lot Features: Cul-De-Sac
  • Pool Features: Pool, Community
  • View: Golf Course
  • Waterfront: No
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Unpaved Driveway
  • Patio And Porch Features: Screened
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.5
  • Parking Features: Attached, Direct Access, Driveway, Garage, Unpaved

Utilities

  • Heating: Heat Pump, Propane
  • Cooling: Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Gated Community
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Beach, Clubhouse, Gated, Home Owners Association, Lake, Pond, Pool
  • Association Fee: 1400.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Clubhouse, Common Areas, Pool(s), Snow Removal, Security, Trash

Schools

  • Middle Or Junior School: Fluvanna

Lot Info

  • Parcel Number: 18-A-4-79
  • Zoning Description: R-4

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2326.91
  • Tax Lot: 79

MLS Schools

  • Elementary School: Central
  • High School: Fluvanna

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2025
Closed on
Jun 26, 2025
Sold by
Smith Sharon A and Knox Deborah Ann
Bought by
Paul Charow Revocable Trust and Ellen Hamilton Revocable Trust
Seller's Agent
Curt Reichstetter
Two Dog Realty
Buyer's Agent
NON MLS USER MLS
NON MLS OFFICE
List Price
$425,000
Sold Price
$415,000
Premium/Discount to List
-$10,000
-2.35%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.52%

Purchase Details

Closed on
Sep 25, 2018
Sold by
Lechner Janet R
Bought by
Smith Sharon A and Knox Deborah Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
4.75%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $415,000 Stewart Title Guaranty Company
Bargain Sale Deed $275,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $220,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2025 07/08/25 Sold $415,000 -2.4% $265 / Sq Ft
05/30/2025 05/30/25 Pending -- -- --
05/28/2025 05/28/25 For Sale $425,000 -- $271 / Sq Ft
Source: Central Virginia Regional MLS

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 $2,443 $325,700 $55,000 $270,700
2024 $23 $275,700 $55,000 $220,700
2023 $2,327 $275,700 $55,000 $220,700
2022 $2,045 $235,100 $50,000 $185,100
2021 $2,045 $235,100 $50,000 $185,100
2020 $2,134 $230,700 $50,000 $180,700
2019 $2,134 $230,700 $50,000 $180,700
2018 $2,170 $239,200 $50,000 $189,200
2017 $2,170 $239,200 $50,000 $189,200
2016 $1,854 $202,200 $35,000 $167,200
2015 $1,748 $202,200 $35,000 $167,200
2014 $1,748 $198,600 $35,000 $163,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2514664

Central Virginia Regional MLS

APN: 18A-4-79