
47 Marwood Dr Palmyra, VA 22963
Estimated payment $2,971/month
Highlights
- Lake Front
- Beach
- Property is near a marina
- Boat Dock
- Golf Course Community
- In Ground Pool
About This Home
PRICED BELOW APPRAISAL with 40K in renovations! This home is a MUST SEE - NOW VACANT! Stunning 4-Bedroom Home with Water Views at Lake Monticello! Discover the perfect blend of comfort and luxury in this beautifully maintained 4-bedroom, 3-full-bath home nestled in a quiet cul-de-sac at Lake Monticello. Enjoy breathtaking water views. Step inside to brand-new carpeting throughout and a COMPLETELY RENOVATED basement, offering additional living space or a private retreat. The main living areas are bright and inviting, featuring a cozy wood-burning fireplace—perfect for chilly evenings. The kitchen boasts gas cooking and a an eat in kitchen and plenty of storage space, making meal prep a breeze. Outside, the fenced rear yard provides privacy, while the lot extends beyond the fence for even more space to enjoy. A spacious back deck is ideal for entertaining, whether you're hosting a summer barbecue or enjoying peaceful lake views with your morning coffee. Amazing amounts of storage throughout the entire home! Garage is also equipped with a plug to charge an EV. Seller has covered the cost of the annual HOA for 2025, as well as a home warranty paid through August. With access to Lake Monticello’s premier amenities—including a golf course, pools, tennis courts, restaurants, and a bar—this home offers an unparalleled lifestyle in a serene, waterfront setting. NO DIRECT ACCESS TO THE WATER FROM BACKYARD. Don't miss your chance to own this incredible lakefront retreat—schedule your showing today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,451
Year Built
- Built in 1991
Lot Details
- 0.36 Acre Lot
- Lake Front
- Cul-De-Sac
- Street terminates at a dead end
- Back Yard Fenced
- Wooded Lot
- Zoning described as R-4
HOA Fees
- $108 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- Garage Door Opener
- Driveway
- Unpaved Parking
Home Design
- Frame Construction
- Shingle Roof
- Composition Roof
- Vinyl Siding
Interior Spaces
- 3,541 Sq Ft Home
- 1-Story Property
- Wired For Data
- Cathedral Ceiling
- Ceiling Fan
- Recessed Lighting
- Wood Burning Fireplace
- Fireplace Features Masonry
- Separate Formal Living Room
- Water Views
- Basement Fills Entire Space Under The House
- Fire and Smoke Detector
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Oven
- Gas Cooktop
- Stove
- Microwave
- Dishwasher
- Disposal
Flooring
- Partially Carpeted
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- En-Suite Primary Bedroom
- Walk-In Closet
- Bathroom Rough-In
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- In Ground Pool
- Property is near a marina
- Deck
- Front Porch
Schools
- Central Elementary School
- Fluvanna Middle School
- Fluvanna High School
Utilities
- Central Air
- Heat Pump System
- Water Heater
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Tax Lot 487
- Assessor Parcel Number 18-A-12-487
Community Details
Overview
- Lake Monticello Subdivision
- Community Lake
- Pond in Community
Amenities
- Common Area
- Clubhouse
Recreation
- Boat Dock
- Community Boat Facilities
- Beach
- Golf Course Community
- Tennis Courts
- Community Playground
- Community Pool
- Park
- Trails
Security
- Security Guard
- Gated Community
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,967 | $395,600 | $30,000 | $365,600 |
2024 | $25 | $290,400 | $30,000 | $260,400 |
2023 | $2,451 | $290,400 | $30,000 | $260,400 |
2022 | $2,195 | $252,300 | $27,500 | $224,800 |
2021 | $2,195 | $252,300 | $27,500 | $224,800 |
2020 | $2,165 | $234,100 | $27,500 | $206,600 |
2019 | $2,165 | $234,100 | $27,500 | $206,600 |
2018 | $2,043 | $225,300 | $27,500 | $197,800 |
2017 | $2,043 | $225,300 | $27,500 | $197,800 |
2016 | $1,896 | $206,800 | $27,500 | $179,300 |
2015 | $1,788 | $206,800 | $27,500 | $179,300 |
2014 | $1,788 | $203,200 | $27,500 | $175,700 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/18/2025 07/18/25 | Pending | -- | -- | -- |
06/29/2025 06/29/25 | Price Changed | $479,999 | -1.8% | $136 / Sq Ft |
06/19/2025 06/19/25 | Price Changed | $489,000 | -2.0% | $138 / Sq Ft |
06/14/2025 06/14/25 | For Sale | $499,000 | +21.0% | $141 / Sq Ft |
08/23/2022 08/23/22 | Sold | $412,500 | -2.9% | $146 / Sq Ft |
07/20/2022 07/20/22 | Pending | -- | -- | -- |
06/20/2022 06/20/22 | For Sale | $425,000 | 0.0% | $150 / Sq Ft |
06/06/2022 06/06/22 | Pending | -- | -- | -- |
06/02/2022 06/02/22 | For Sale | $425,000 | -- | $150 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | $412,500 | Old Republic National Title | |
Bargain Sale Deed | $260,000 | None Available |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $427,350 | VA | |
Previous Owner | $211,309 | New Conventional | |
Previous Owner | $210,000 | New Conventional | |
Previous Owner | $32,000 | New Conventional | |
Previous Owner | $236,336 | FHA | |
Previous Owner | $148,000 | New Conventional | |
Previous Owner | $25,000 | Unknown |
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Source: Central Virginia Regional MLS
MLS Number: 2516799

APN: 18A-12-487