NOT LISTED FOR SALE

45 Colonial Rd Palmyra, VA 22963

Lake Monticello Area

Estimated Value: $308,000 - $318,227

3 Beds
2 Baths
1,224 Sq Ft
$257/Sq Ft Est. Value

Sale Details

Date Sold: July 10, 2024

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

Est. 7% increase in value since last sale

Current estimated payment $2,009 / mo

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) 589-7653 Diane.Miller@longandfoster.com LONG & FOSTER - LAKE MONTICELLO License #0225265900[2756] Listed on: 05/28/2024

LONG & FOSTER - LAKE MONTICELLO

Co-Listed By

Christy Beck

(434) 589-7653 Diane.Miller@longandfoster.com LONG & FOSTER - LAKE MONTICELLO License #0225249946[9038]

Last Buyer's Agent

Default Agent

Default Office License #CAAR:DEFAULT

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,527

Year Built

  • Built in 1988

Lot Details

  • 21,344 Sq Ft 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

0.49 Acres

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2024
Closed on
Jul 8, 2024
Sold by
Bought by
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
$314,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,807
Avg. Annual Appreciation
3.46%
Original Mortgage
$10,255
Interest Rate
7.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2008
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Palmyra, VA

  • Laurie Partner Real Estate Agent - REAL ESTATE III, INC.

    Laurie Partner

    REAL ESTATE III, INC.

    (434) 443-5859

    25 Total Sales

    9 in Lake Monticello

    $230K - $489K Price Range

    Laurie Partner
     Section Image
  • Tom Pace Real Estate Agent - LONG & FOSTER - GLENMORE

    Tom Pace

    LONG & FOSTER - GLENMORE

    (434) 443-5099

    51 Total Sales

    4 in Lake Monticello

    $215K - $335K Price Range

    Tom Pace
     Section Image
  • Sabrina Thompson Real Estate Agent - LONG & FOSTER - CHARLOTTESVILLE

    Sabrina Thompson

    LONG & FOSTER - CHARLOTTESVILLE

    (434) 443-5083

    44 Total Sales

    3 in Lake Monticello

    $320K - $385K Price Range

    Sabrina Thompson
     Section Image
  • Bunny French Real Estate Agent - LORING WOODRIFF REAL ESTATE ASSOCIATES

    Bunny French

    LORING WOODRIFF REAL ESTATE ASSOCIATES

    (434) 443-5922

    9 Total Sales

    1 in Lake Monticello

    $393,000 Price

    Bunny French
     Section Image
  • Jessica Russo Real Estate Agent - NEST REALTY GROUP

    Jessica Russo

    NEST REALTY GROUP

    (434) 443-8515

    175 Total Sales

    7 in Lake Monticello

    $309K - $360K Price Range

    Jessica Russo
     Section Image
  • Donna Waugh-Robinson Real Estate Agent - CORCORAN WILEY-ORANGE

    Donna Waugh-Robinson

    CORCORAN WILEY-ORANGE

    (540) 732-7742

    141 Total Sales

    4 in Lake Monticello

    $49K - $422K Price Range

    Donna Waugh-Robinson
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$293,000 Preferred Title
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $305,728
Closed $10,255
Closed $287,693
Previous Owner $23,100
Previous Owner $6,261
Previous Owner $142,958
Previous Owner $116,800
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $2,102 $278,400 $30,000 $248,400
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 Real Estate Agent - LONG & FOSTER - LAKE MONTICELLO

    Seller's Agent in 2024

    Maggie Gunnels Fornecker

    LONG & FOSTER - LAKE MONTICELLO

    (434) 361-4987

    306 Total Sales

    Maggie Gunnels Fornecker
    Section Image
  • Christy Beck Real Estate Agent - LONG & FOSTER - LAKE MONTICELLO

    Seller Co-Listing Agent in 2024

    Christy Beck

    LONG & FOSTER - LAKE MONTICELLO

    (386) 365-0460

    104 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

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2026 Bright MLS, Inc.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.