NOT LISTED FOR SALE

46 Chippewa Ln Palmyra, VA 22963

Estimated Value: $354,000 - $379,000

4 Beds
3.5 Baths
2,352 Sq Ft
$155/Sq Ft Est. Value

Last Sold January 11, 2024

Last sale price $345,000 $147 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,197/month

136 Days on Market

Highlights

  • Beach
  • Community Boat Launch
  • Second Kitchen
  • Golf Course Community
  • Bar or Lounge
  • Gated Community

About This Home

As of January 2024

This is a UNIQUE OPPORTUNITY— This property is an established income producing property on Air B&B. COMPLETELY UPDATED and a full IN-LAW SUITE!! Brand NEW ROOF and GUTTERS in 2022 by Lounsberry Roofing. 4 bedrooms, 3 full baths, 1 half bath, generator, multiple sheds, covered front porch with easy cleaning lvp floors, back deck, covered patio, artful trails. LUXURIATE in the park-like setting with total wooded privacy, ARTFUL TRAILS, landscape, hardscape and waterfall. Move-in ready with BRAND NEW gorgeous kitchen, beautiful gray cabinets, granite counters, gas cooking, stainless steel appliances. MORE UPDATES include French doors with built-in blinds that lead to the back deck, new flooring thru-out the main level, cozy wood-burning FIREPLACE. Master suite is complete with VAULTED ceiling, walk-in closet, double vanity, jetted tub, linen closet & detached shower. Nice size guest bedrooms, large laundry room with new flooring, rough-ed full bathroom, storage, outside entrance, wash basin, newer washer and dryer. Plus two HVAC systems. CONVENIENTLY located in the outside section with no gates. MUST SEE!!

Last Agent to Sell the Property

Maggie Gunnels Fornecker

LONG & FOSTER - LAKE MONTICELLO License #0225265900 Listed on: 07/21/2023

LONG & FOSTER - LAKE MONTICELLO

Last Buyer's Agent

KATHLEEN LONG

SAMSON PROPERTIES License #0255246105

SAMSON PROPERTIES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,732

Year Built

  • Built in 2003

Lot Details

  • 0.53 Acre Lot
  • Landscaped
  • Native Plants
  • Secluded Lot
  • Private Yard
  • Property is zoned R-4 Residential

HOA Fees

  • $92 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Concrete Block With Brick
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Multiple Fireplaces
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Vinyl Clad Windows
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Utility Room

Kitchen

  • Second Kitchen
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • Primary bedroom located on second floor
  • Walk-In Closet
  • Bathroom on Main Level
  • Double Vanity
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Windows

Eco-Friendly Details

  • Green Features

Outdoor Features

  • Deck
  • Playground
  • Front Porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Fiber Optics Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 18A-10-329

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
  • $855 HOA Transfer Fee
  • Lake Monticello Subdivision
  • Community Lake

Amenities

  • Picnic Area
  • Clubhouse
  • Community Center
  • 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

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,732

Year Built

Built in 2003

Lot Details

0

HOA Fees

$92 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 1568
  • Below Grade Total Sq Ft: 784
  • Design: Colonial
  • Electricity: Elec Underground
  • L V T Date: 07/21/2023
  • Parcel Number: 18A-10-329
  • Price Per Sq Ft: 146.68
  • Total Sq Ft: 2352
  • Type of Construction: On Site Built
  • Zoning: R-4 Residential
  • Subdivision: LAKE MONTICELLO
  • Comments: Yes
  • Concatenated Rooms1: |Foyer1|Family Roo1|Living Roo1|Dining Roo1|Kitchen1|Half Bath1|Pri Bed2|Pri Bath2|Bedroom2|Bedroom2|Full Bath2|BedroomB|Full BathB|In-House AB|KitchenB|Family RooB|Dining RooB|LaundryB|Utility RoB|
  • Structures Deck Porch: Deck, Porch - Front
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: One, Wood Burning
  • Laundry: Dryer, Washer
  • Basement Type: Finished, Heated, Inside Access, Outside Entrance, Walk Out, Windows
  • Room 1: Foyer,On Level: 1
  • Room 2: Family Room,On Level: 1
  • Room 3: Living Room,On Level: 1
  • Room 4: Dining Room,On Level: 1
  • Room 5: Kitchen,On Level: 1
  • Room 6: Half Bath,On Level: 1
  • Room 7: Pri Bed,On Level: 2
  • Room 8: Pri Bath,On Level: 2
  • Room 9: Bedroom,On Level: 2
  • Room 10: Bedroom,On Level: 2
  • Room 11: Full Bath,On Level: 2
  • Room 12: Bedroom,On Level: Basement
  • Room 13: Full Bath,On Level: Basement
  • Room 14: In-House Apt.,On Level: Basement
  • Room 15: Kitchen,On Level: Basement
  • Room 16: Family Room,On Level: Basement
  • Room 17: Dining Room,On Level: Basement
  • Room 19: Utility Room,On Level: Basement
  • Total Finished Sq Ft: 2352
  • Above Grade Finished Sq Ft: 1568
  • Basement: Yes
  • Bathroom: Attach Primary Bath
  • Below Grade Finished Sq Ft: 784
  • Fireplace Location: Living Room
  • Foundation: Concrete Block
  • Kitchen Appliances Feat: Dishwasher, Disposal, Gas Range, Island, Microwave, Refrigerator
  • Kitchen Cabinets Counters: Granite, Painted Cabinets
  • Land Description: Landscaped, Private, Secluded Lot
  • Level: 2 Story
  • Bathrooms: 3.5
  • Below Grade Bathrooms: 1
  • Number of Main Level Bathrooms: 0.5
  • Number Beds: 4
  • Number Beds Below Grade: 1
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Room 18: Laundry,On Level: Basement
  • Room Types: Bedroom, Dining Room, Family Room, Foyer, Full Bath, Half Bath, In-House Apt., Kitchen, Laundry, Living Room, Master Bedroom, Utility Room
  • Room Types Level1: Dining Room (L1), Family Room (L1), Foyer (L1), Half Bath (L1), Kitchen (L1), Living Room (L1)
  • Room Types Level2: Bedroom (L2+), Full Bath (L2+), Master Bedroom (L2+)
  • Room Types Level B: Bedroom (LB), Dining Room (LB), Family Room (LB), Full Bath (LB), In-House Apt. (LB), Kitchen (LB), Laundry (LB), Utility Room (LB)
  • Source of Sq Ft: Public Records

Exterior Features

  • Exterior: Vinyl
  • Number Of Acres: 0.53
  • Roof: Architectural Style
  • Structure Features: Dual Vanities, Two Kitchens, Whirlpool/Jetted Tub, Walk-in Closet
  • Structure Floors: Vinyl, Wood
  • Structure Security: Gated Community
  • Structure Window Ceiling: 8' Ceilings, Vaulted/Cathedral Ceiling, Vinyl Clad Windows
  • View: Wooded View
  • Yard: Landscaped, Native Species, Private

Garage/Parking

  • Driveway Parking: Asphalt

Utilities

  • Cooling: Central AC, Heat Pump
  • Heating: Heat Pump
  • Cable Available: Cable, Fiber-Optic
  • 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, Picnic Area, Play Area, Pool, Soccer Field, Tennis, Volleyball, Walk/Run Trails
  • Association Setup Transfer Fee Type: $
  • Association Setup Transfer Fees: 855
  • 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
  • Association Fee: 92

Green Features

  • Green Features: Yes
  • Green Lot: Native Plants

Lot Info

  • Lot Features: Private Road

Building Info

  • Year Built: 2003

Tax Info

  • Year: 2021
  • Taxes: 1732.17

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2023
Closed on
Dec 18, 2023
Sold by
Falomir Juan P Vazquez
Bought by
Silverman Michael David and Silverman Karen Ivette
Seller's Agent
Maggie Gunnels Fornecker
LONG & FOSTER - LAKE MONTICELLO
Buyer's Agent
KATHLEEN LONG
SAMSON PROPERTIES
List Price
$369,000
Sold Price
$345,000
Premium/Discount to List
-$24,000
-6.5%
Views
516
Current Estimated Value
$365,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,539
Avg. Annual Appreciation
2.99%
Original Mortgage
$334,650
Outstanding Balance
$328,790
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$36,749

Purchase Details

Closed on
Mar 15, 2017
Sold by
Johnson Rebecca Lyn
Bought by
Vazquez Falomir Juan P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,920
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 22, 2013
Sold by
The Secretary Of Veterans Affairs
Bought by
Suling Rebecca L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,653
Interest Rate
4.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 2, 2013
Sold by
Davis Anthony and Davis Linda
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Sep 19, 2005
Sold by
Deane Sean C and Sauveur Michelle S
Bought by
Davis Anthony and Davis Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,300
Interest Rate
6.25%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Silverman Michael David $345,000 Old Republic National Title
Vazquez Falomir Juan P $170,000 Old Republic Title
Suling Rebecca L -- None Available
Jpmorgan Chase Bank National Association $131,313 None Available
Davis Anthony -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silverman Michael David $334,650
Previous Owner Vazquez Falomir Juan P $166,920
Previous Owner Suling Rebecca L $132,653
Previous Owner Davis Anthony $204,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/11/2024 01/11/24 Sold $345,000 +1.8% $147 / Sq Ft
12/04/2023 12/04/23 Pending -- -- --
10/05/2023 10/05/23 Price Changed $339,000 -3.1% $144 / Sq Ft
09/26/2023 09/26/23 Price Changed $349,900 -2.8% $149 / Sq Ft
09/07/2023 09/07/23 Price Changed $359,900 -1.4% $153 / Sq Ft
09/03/2023 09/03/23 Price Changed $364,900 -1.1% $155 / Sq Ft
07/21/2023 07/21/23 For Sale $369,000 -- $157 / Sq Ft
Source: Charlottesville area Association of Realtors®

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 $2,282 $304,300 $28,500 $275,800
2024 $20 $233,700 $28,500 $205,200
2023 $1,972 $233,700 $28,500 $205,200
2022 $1,732 $199,100 $23,800 $175,300
2021 $1,732 $199,100 $23,800 $175,300
2020 $1,709 $184,800 $23,800 $161,000
2019 $1,709 $184,800 $23,800 $161,000
2018 $1,650 $181,900 $23,800 $158,100
2017 $1,650 $181,900 $23,800 $158,100
2016 $1,626 $177,300 $23,800 $153,500
2015 $1,522 $177,300 $23,800 $153,500
2014 $1,522 $172,900 $23,800 $149,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 643926

Charlottesville area Association of Realtors®

APN: 18A-10-329