NOT LISTED FOR SALE

478 Jefferson Dr Palmyra, VA 22963

Estimated Value: $370,779 - $414,000

5 Beds
3 Baths
2,704 Sq Ft
$142/Sq Ft Est. Value

Last Sold March 28, 2022

Last sale price $313,000 $116 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,403/month

3 Days on Market

Highlights

  • Beach
  • Gated Community
  • Clubhouse
  • Community Boat Launch
  • Community Lake
  • Multiple Fireplaces

About This Home

As of March 2022

Well maintained ranch, original-owners, close to the Tufton gate and Lafayette park. Large family room w/VAULTED ceiling, open to big kitchen with tons of counterspace, breakfast bar & newer appliances--see improvements in docs. Tons of natural light; LARGE deck; walk-in closets and pull down attic for additional storage. Downstairs is completely finished with luxury vinyl plank flooring, 2 more bedrooms, bath, laundry, TV room, game area & add'l space for homework, crafts...whatever! Shed in back is perfect for lawn equipment, bikes, etc. Room for a garage. Perfect family home with all the amenities of Lake living!

Last Agent to Sell the Property

KATHLEEN LONG

SAMSON PROPERTIES License #0255246105 Listed on: 02/17/2022

SAMSON PROPERTIES

Last Buyer's Agent

MILENA WEBB

HERITAGE REAL ESTATE CO. License #0225244221

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,077

Year Built

  • Built in 2004

Lot Details

  • 0.38 Acre Lot
  • Property is zoned R-4 Residential

HOA Fees

  • $92 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • Multiple Fireplaces
  • Gas Fireplace
  • Vinyl Clad Windows
  • Double Hung Windows
  • Living Room with Fireplace
  • Breakfast Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Linoleum
  • Laminate
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Primary bathroom on main floor

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Windows

Outdoor Features

  • Playground

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 18A 5 426

Community Details

Overview

  • Association fees include beach, boat launch, club house, play area, road maint, snow removal, trash pickup
  • $855 HOA Transfer Fee
  • Lake Monticello Subdivision
  • Community Lake

Recreation

  • Community Boat Launch
  • Beach
  • Community Basketball Court
  • Community Playground

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,077

Year Built

Built in 2004

Lot Details

0

HOA Fees

$92 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 1352
  • Below Grade Total Sq Ft: 1352
  • Design: Ranch
  • L V T Date: 02/17/2022
  • Nameof Property: Ideal Family Home
  • Parcel Number: 18A 5 426
  • Price Per Sq Ft: 115.75
  • Property Excluded: Deep freezer in laundry area
  • Property Included: Kitchen appliances; shed in back.
  • Total Sq Ft: 2704
  • Type of Construction: On Site Built
  • Zoning: R-4 Residential
  • Subdivision: LAKE MONTICELLO
  • Comments: Yes
  • Concatenated Rooms1: |Living Roo1|Kitchen1|Breakfast1|Master Bed1|Master BTH1|Bedroom1|Bedroom1|Full Bath1|BedroomB|BedroomB|Full BathB|CombinatioB|LaundryB|
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Gas, One
  • Basement Type: Finished, Full, Heated, Inside Access, Walk Out, Windows
  • Room 1: Living Room, On Level: 1
  • Room 2: Kitchen, On Level: 1
  • Room 3: Breakfast Room, On Level: 1
  • Room 4: Master Bedroom, On Level: 1
  • Room 5: Master Bath, On Level: 1
  • Room 6: Bedroom, On Level: 1
  • Room 7: Bedroom, On Level: 1
  • Room 8: Full Bath, On Level: 1
  • Room 9: Bedroom, On Level: Basement
  • Room 10: Bedroom, On Level: Basement
  • Room 11: Full Bath, On Level: Basement
  • Room 12: Combination Room, On Level: Basement
  • Room 13: Laundry, On Level: Basement
  • Total Finished Sq Ft: 2704
  • Above Grade Finished Sq Ft: 1352
  • Basement: Yes
  • Below Grade Finished Sq Ft: 1352
  • Fireplace Location: Living Room
  • Foundation: Concrete Block
  • Kitchen Appliances Feat: Breakfast Bar, Dishwasher, Disposal, Eat-in, Electric Range, Microwave, Refrigerator, Vegetable Sink
  • Kitchen Cabinets Counters: Formica Counter, Oak Cabinets
  • Level: 1 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 3
  • Below Grade Bathrooms: 1
  • Number of Main Level Bathrooms: 2
  • Number Beds: 5
  • Number Beds Below Grade: 2
  • Number Beds Main Level: 3
  • Full Bathrooms: 3
  • Room Types: Bedroom, Breakfast Room, Combination Room, Full Bath, Kitchen, Laundry, Living Room, Master Bedroom
  • Room Types Level1: Bedroom (L1), Breakfast Room (L1), Full Bath (L1), Kitchen (L1), Living Room (L1), Master Bedroom (L1)
  • Room Types Level B: Bedroom (LB), Combination Room (LB), Full Bath (LB), Laundry (LB)
  • Source of Sq Ft: Public Records

Exterior Features

  • Exterior: Vinyl
  • Number Of Acres: 0.38
  • Roof: Composition Shingle
  • Structure Deck Porch: Deck
  • Structure Features: Walk-in Closet
  • Structure Floors: Carpet, Laminate, Linoleum, Luxury Vinyl Plank
  • Structure Security: Gated Community
  • Structure Window Ceiling: 8' Ceilings, Double-hung Windows, Vaulted/Cathedral Ceiling, Vinyl Clad Windows

Utilities

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

Condo/Co-op/Association

  • HOA/COA Amenities: Basketball Court, Beach, Boat Launch, Clubhouse, Lake, Play Area
  • Association Setup Transfer Fee Type: $
  • Association Setup Transfer Fees: 855
  • Association Fee: HOA
  • Association Frequency: Monthly
  • Association Includes: Beach, Boat Launch, Club House, Play Area, Road Maint, Snow Removal, Trash Pickup
  • Association Fee: 92

Schools

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

Lot Info

  • Lot Features: Private Gated Community

Building Info

  • Year Built: 2004

Tax Info

  • Year: 2021
  • Taxes: 2076.52

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2022
Closed on
Mar 18, 2022
Sold by
Marshall Kevin D and Marshall Christen L
Bought by
Strother Rafeal Niquan
Seller's Agent
KATHLEEN LONG
SAMSON PROPERTIES
Buyer's Agent
MILENA WEBB
HERITAGE REAL ESTATE CO.
List Price
$299,900
Sold Price
$313,000
Premium/Discount to List
$13,100
4.37%
Current Estimated Value
$383,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,945
Avg. Annual Appreciation
5.47%
Original Mortgage
$313,000
Outstanding Balance
$294,231
Interest Rate
4.16%
Mortgage Type
VA
Estimated Equity
$82,104

Purchase Details

Closed on
May 3, 2021
Sold by
Pardee Virginia Timber 2 Llc
Bought by
Marshall Kevin D and Marshall Christen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,850
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2016
Sold by
Marshall Kevin D and Marshall Christen L
Bought by
Marshall Kevin D and Marshall Christen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,609
Interest Rate
3.75%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Strother Rafeal Niquan $313,000 Old Republic National Title
Marshall Kevin D $69,000 None Available
Marshall Kevin D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Strother Rafeal Niquan $25,000
Open Strother Rafeal Niquan $313,000
Previous Owner Marshall Kevin D $44,850
Previous Owner Marshall Kevin D $226,609
Previous Owner Marshall Kevin D $257,122
Previous Owner Lawson Christen M $35,000
Previous Owner Marshall Christen M $210,000
Previous Owner Lawson Christen M $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2022 03/28/22 Sold $313,000 +4.4% $116 / Sq Ft
02/20/2022 02/20/22 Pending -- -- --
02/17/2022 02/17/22 For Sale $299,900 -- $111 / 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 $2,834 $377,900 $30,000 $347,900
2024 $23 $271,100 $30,000 $241,100
2023 $2,288 $271,100 $30,000 $241,100
2022 $2,044 $234,900 $27,500 $207,400
2021 $2,044 $234,900 $27,500 $207,400
2020 $1,928 $208,400 $27,500 $180,900
2019 $1,928 $208,400 $27,500 $180,900
2018 $1,829 $201,600 $27,500 $174,100
2017 $1,829 $201,600 $27,500 $174,100
2016 $1,809 $197,300 $27,500 $169,800
2015 $1,702 $197,300 $27,500 $169,800
2014 $1,702 $193,400 $27,500 $165,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 626598

Charlottesville area Association of Realtors®

APN: 18A 5 426