NOT LISTED FOR SALE

45 Colonial Rd Palmyra, VA 22963

Estimated Value: $299,000 - $329,000

3 Beds
2 Baths
1,224 Sq Ft
$254/Sq Ft Est. Value

Last Sold July 10, 2024

Last sale price $293,000 $239 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,904/month

14 Days on Market

Highlights

  • Boat Ramp
  • Golf Club
  • Clubhouse
  • Beach
  • Community Lake
  • Wood Flooring

About This Home

As of July 2024

Welcome to your charming ranch-style home featuring 3 bedrooms, 2 full baths, and an oversized 1-car garage. Situated within walking distance of beach 2 at Lake Monticello, this home offers a spacious lot with a front porch and a covered back deck. Step into the living area adorned with new LVP flooring and fresh paint throughout. The eat-in kitchen provides access to both the garage and the back deck. The hall bathroom has been recently updated with a new vanity, mirror, and light fixture. All three rooms are generously sized, and the owners' suite includes an attached full bathroom. Don't miss the chance to see this delightful, move-in ready home!

Last Agent to Sell the Property

Maggie Gunnels Fornecker

(434) 361-4987 maggie@thegunnelsgroup.com LONG & FOSTER - LAKE MONTICELLO License #0225265900[2756] Listed on: 05/28/2024

LONG & FOSTER - LAKE MONTICELLO

Co-Listed By

CHRISTY BECK

(386) 365-0460 christylynn@THEGUNNELSGROUP.COM LONG & FOSTER - LAKE MONTICELLO License #0225249946[9038]

Last Buyer's Agent

Default Agent

Default Office License #CAAR:DEFAULT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,527

Year Built

  • Built in 1988

Lot Details

  • 0.49 Acre Lot
  • Property is zoned R-4

HOA Fees

  • $104 Monthly HOA Fees

Home Design

  • Block Foundation
  • Composition Roof
  • Cedar

Interior Spaces

  • 1,224 Sq Ft Home
  • Property has 1 Level

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Home Security

  • Home Security System
  • Security Gate

Parking

  • Attached Garage
  • Front Facing Garage

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Community Details

Overview

  • Association fees include pool(s), road maintenance, snow removal, trash
  • Lake Monticello Subdivision
  • Community Lake

Amenities

  • Clubhouse
  • Community Center
  • Meeting Room
  • Community Dining Room

Recreation

  • Boat Ramp
  • Beach
  • Golf Club
  • Tennis Courts
  • Baseball Field
  • Soccer Field
  • Community Basketball Court
  • Volleyball Courts
  • Community Playground
  • Community Pool

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,527

Year Built

Built in 1988

Lot Details

0

HOA Fees

$104 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Building Total Sq Ft: 1704.00
  • Exclusions: ring doorbell and cameras
  • Inclusions: electric fireplace
  • New Construction: No
  • Story List: Main
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Carpet, Wood
  • Interior Amenities: Entry Level Bedroom
  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 1
  • Room List: Full Bath, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1224
  • Living Area Sq Ft: 1224
  • Price Per Sq Ft: 236.85
  • Above Grade Finished Sq Ft: 1224
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Cedar
  • Construction Completed: No
  • Roof: Composite
  • Water Oriented: No
  • Water View: No

Garage/Parking

  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: No
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Security: Security System, Security Gate
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Internet Services: Cable, Fiber Optic

Condo/Co-op/Association

  • HOA Fees: 1250.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • Condo Co-Op Fee: 855.00
  • Condo Co-Op Fee Frequency: One Time
  • HOA Condo Co-Op Amenities: Beach, Boat Ramp, Club House, Golf Club, Tot Lots/Playground, Security, Baseball Field, Basketball Courts, Community Center, Dining Rooms, Lake, Meeting Room, Swimming Pool, Soccer Field, Tennis Courts, Volleyball Courts
  • HOA Condo Co-Op Fee Includes: Pool(s), Road Maintenance, Snow Removal, Trash
  • HOA: Yes

Schools

  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: CENTRAL
  • High School: FLUVANNA
  • Middle Or Junior School: FLUVANNA

Green Features

  • Green Water Conservation: Low-Flow Fixtures

Lot Info

  • Lot Size Acres: 0.49
  • Zoning: R-4
  • Zoning Description: Residential

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1527.12
  • Tax Year: 2023

MLS Schools

  • School District Name: FLUVANNA COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2024
Closed on
Jul 8, 2024
Sold by
Morris Michael J
Bought by
Bailey Cameron J and Warren Kylie J
Seller's Agent
Maggie Gunnels Fornecker
LONG & FOSTER - LAKE MONTICELLO
Buyer's Agent
Default Agent
Default Office
List Price
$289,900
Sold Price
$293,000
Premium/Discount to List
$3,100
1.07%
Views
27
Current Estimated Value
$310,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,961
Avg. Annual Appreciation
4.07%
Original Mortgage
$10,255
Outstanding Balance
$5,692
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$305,269

Purchase Details

Closed on
Jan 28, 2008
Sold by
Morris Michael J and Morris April L
Bought by
Morris Michael J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Bailey Cameron J $293,000 Preferred Title
Morris Michael J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bailey Cameron J $10,255
Open Bailey Cameron J $287,693
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2024 07/10/24 Sold $293,000 +1.1% $239 / Sq Ft
06/11/2024 06/11/24 Pending -- -- --
05/28/2024 05/28/24 For Sale $289,900 -- $237 / Sq Ft
Source: Bright 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 $2,088 $278,400 $30,000 $248,400
2024 $15 $181,800 $30,000 $151,800
2023 $1,534 $181,800 $30,000 $151,800
2022 $1,356 $155,900 $27,500 $128,400
2021 $1,356 $155,900 $27,500 $128,400
2020 $1,324 $143,100 $27,500 $115,600
2019 $1,324 $143,100 $27,500 $115,600
2018 $1,248 $137,600 $27,500 $110,100
2017 $1,248 $137,600 $27,500 $110,100
2016 $1,246 $135,900 $27,500 $108,400
2015 $1,178 $135,900 $27,500 $108,400
2014 $1,178 $133,900 $27,500 $106,400
Source: Public Records

Agents Affiliated with this Home

  • Maggie Gunnels Fornecker

    Seller's Agent in 2024

    Maggie Gunnels Fornecker

    LONG & FOSTER - LAKE MONTICELLO

    (434) 361-4987

    157 in this area

    324 Total Sales

    Maggie Gunnels Fornecker
    Section Image
  • CHRISTY BECK

    Seller Co-Listing Agent in 2024

    CHRISTY BECK

    LONG & FOSTER - LAKE MONTICELLO

    (386) 365-0460

    39 in this area

    79 Total Sales

    CHRISTY BECK
    Section Image

  • D

    Buyer's Agent in 2024

    Default Agent

    Default Office

See All Agents

Map

Source: Bright MLS

MLS Number: 653367

Bright MLS

APN: 18A 3 51

Virginia Fluvanna County Palmyra 22963

45 Colonial Rd, Palmyra, VA

Not Listed for Sale

Detached

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