$412,500
SOLD AUG 23, 2022

47 Marwood Dr Palmyra, VA 22963

4 Beds
3 Baths
2,828 Sq Ft
0.36 Acres

Recently Sold

$146 Per Sq Ft

3% Below List Price

48 Days on Market

Highlights

  • Gated Community
  • Multiple Fireplaces
  • Main Floor Primary Bedroom
  • Wood Burning Stove
  • Wood Flooring
  • Granite Countertops

About This Home

As of August 2022

Located at the very end of a quiet cul-de-sac that backs directly up to the water's edge, this home is a peaceful oasis! Plenty of mature trees and landscaping, and a fully fenced in backyard. With a front porch begging for sipping morning coffee, and a lovely back porch (with partial lake views in the winter!) that's ready for outdoor dinner parties, this home has everything you need. Entering the home, you'll find vaulted ceilings and a wood burning fireplace in the living space, and an updated kitchen with direct access to the back deck. Bathrooms have also been updated with new tile flooring, painted cabinets, and new low flow toilets. New hardwood floors in all the bedrooms, including a first floor primary suite, AND a partially finished walk out basement with a wet bar! Additional updates include roof (2014), garage doors for the attached 2 car garage (2021), fresh paint on both decks (2022), custom closet systems in two bedrooms, and a tankless water heater (2012). This home has been wonderfully maintained and updated, and is ready for its new owners!

Last Agent to Sell the Property

Caitlin Lennon

AVENUE REALTY, LLC License #0225252882 Listed on: 06/02/2022

Last Buyer's Agent

NONMLSAGENT NONMLSAGENT

NONMLSOFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,195

Year Built

  • Built in 1991

Lot Details

  • 0.36 Acre Lot
  • Partially Fenced Property
  • Landscaped
  • Gentle Sloping Lot
  • Property is zoned R-4 Residential

HOA Fees

  • $97 Monthly HOA Fees

Home Design

  • Concrete Block With Brick
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Recessed Lighting
  • Multiple Fireplaces
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Walkup Attic

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms
  • Primary bathroom on main floor
  • Double Vanity
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Windows

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Automatic Garage Door Opener

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number DB 847-882

Community Details

Overview

  • $855 HOA Transfer Fee
  • Lake Monticello Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,195

Year Built

Built in 1991

Lot Details

0

HOA Fees

$97 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 2270
  • Above Grade Unfinished Sq Ft: 158
  • Below Grade Total Sq Ft: 1116
  • L V T Date: 06/02/2022
  • Parcel Number: DB 847-882
  • Price Per Sq Ft: 145.86
  • Property Excluded: Cabinets in basement, microwave, wine fridge in basement.
  • Property Included: Refrigerators (kitchen and wet bar), stove, washer, dryer, dishwasher, wet bar.
  • Total Sq Ft: 3801
  • Total Unfinished Sq Ft: 973
  • Type of Construction: On Site Built
  • Zoning: R-4 Residential
  • Subdivision: LAKE MONTICELLO
  • Comments: Yes
  • Concatenated Rooms1: |
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Unfinished Below Grade Sq Ft: 400
  • Fireplace: One, Wood Burning
  • Laundry: Dryer, Washer
  • Basement Type: Inside Access, Outside Entrance, Partly Finished, Rough Bath Plumb, Walk Out, Windows
  • Total Finished Sq Ft: 2828
  • Above Grade Finished Sq Ft: 2112
  • Basement: Yes
  • Below Grade Finished Sq Ft: 716
  • Fireplace Location: Living Room
  • Foundation: Concrete Block
  • Kitchen Appliances Feat: Dishwasher, Disposal, Eat-in, Gas Range, Microwave, Pantry, Recessed Light, Refrigerator
  • Kitchen Cabinets Counters: Granite, Painted Cabinets
  • Land Description: Gently Rolling, Landscaped
  • Level: 2 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 3
  • Number Beds: 4
  • Full Bathrooms: 3
  • Source of Sq Ft: Appraisal

Exterior Features

  • Exterior: Vinyl
  • Number Of Acres: 0.36
  • Roof: Composition Shingle
  • Structure Deck Porch: Porch - Front, Porch - Rear
  • Structure Features: Dual Vanities, Renovated, Walk-in Closet, Walk-up attic
  • Structure Floors: Ceramic Tile, Hardwood

Garage/Parking

  • Garage: Yes
  • Unfinished Above Grade Garage: 415
  • Garage Features: Attached, Auto Door, Faces Front
  • Number of Car Spaces: 2
  • Total Above Grade Garage: 415

Utilities

  • Cooling: Central AC, Heat Pump
  • Heating: Central Heat, Heat Pump
  • Cable Available: Cable
  • Sewer/Septic System: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • Association Setup Transfer Fee Type: $
  • Association Setup Transfer Fees: 855
  • Association Fee: HOA
  • Association Frequency: Annual
  • Association Fee: 1165

Schools

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

Lot Info

  • Lot Features: Fenced Part, Private Gated Community

Building Info

  • Year Built: 1991

Tax Info

  • Year: 2022
  • Taxes: 2195.01

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2022
Closed on
Aug 4, 2022
Sold by
Stewart Alan J and Stewart Shirley S
Bought by
Sherry Jesse L
Seller's Agent
Caitlin Lennon
AVENUE REALTY, LLC
Buyer's Agent
NONMLSAGENT NONMLSAGENT
NONMLSOFFICE
List Price
$425,000
Sold Price
$412,500
Premium/Discount to List
-$12,500
-2.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.86%
Original Mortgage
$427,350
Outstanding Balance
$410,212
Interest Rate
5.51%
Mortgage Type
VA
Estimated Equity
$88,477

Purchase Details

Closed on
Jun 17, 2011
Sold by
Knick Robert C and Knick Linda T
Bought by
Stewart Alan J and Stewart Shirley S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,336
Interest Rate
3.75%
Mortgage Type
FHA
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
Deed $412,500 Old Republic National Title
Bargain Sale Deed $260,000 None Available
Source: Public Records

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
Source: Public Records

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
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 $2,967 $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
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 631127

Charlottesville area Association of Realtors®

APN: 18A-12-487