NOT LISTED FOR SALE

487 Jefferson Dr Palmyra, VA 22963

Estimated Value: $290,000 - $326,000

3 Beds
2 Baths
1,196 Sq Ft
$252/Sq Ft Est. Value

Last Sold March 25, 2024

Last sale price $280,000 $234 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,898/month

7 Days on Market

Highlights

  • Beach
  • Deck
  • Vaulted Ceiling
  • Community Lake
  • Multiple Fireplaces
  • Wood Countertops

About This Home

As of March 2024

Looking for a house to call home that's move in ready? Well, look no further. This one level home with a split bedroom design will capture you. Freshly painted and new flooring throughout. There is a propane fireplace in the living room and two decks off of the kitchen. Partially fenced yard for your pets along with a shed for your tools and lawn mower.

Last Agent to Sell the Property

Gerri Russell

HOWARD HANNA ROY WHEELER REALTY CO.- CHARLOTTESVILLE License #0225053450 Listed on: 02/12/2024

Last Buyer's Agent

AMY HUGHES

KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE License #0225249213

KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,460

Year Built

  • Built in 2001

Lot Details

  • 0.37 Acre Lot
  • Property is zoned R-1 Residential, 1 Dwelling/Acre

HOA Fees

  • $106 Monthly HOA Fees

Home Design

  • Concrete Block With Brick
  • Vinyl Siding

Interior Spaces

  • 1,196 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Multiple Fireplaces
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Wood Countertops

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Primary bathroom on main floor

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Front Porch

Schools

  • Cunningham 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 269

Community Details

Overview

  • Association fees include area maint, beach, master ins. policy, play area, road maint, security force, snow removal
  • $855 HOA Transfer Fee
  • Lake Monticello Subdivision
  • Community Lake

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,460

Year Built

Built in 2001

Lot Details

0

HOA Fees

$106 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 1196
  • Design: Ranch
  • L V T Date: 02/12/2024
  • Nameof Property: Joy House
  • Parcel Number: 269
  • Price Per Sq Ft: 234.11
  • Property Included: Refrigerator, dishwasher, microwave, oven/stove, washer, dryer freezer
  • Total Sq Ft: 1196
  • Type of Construction: On Site Built
  • Zoning: R-1 Residential, 1 Dwelling/Acre
  • Subdivision: LAKE MONTICELLO
  • Comments: No
  • Concatenated Rooms1: |Living Roo1|Pri Bed1|Kitchen1|Laundry1|Full Bath1|Bedroom1|Full Bath1|Bedroom1|
  • Structures Deck Porch: Deck, Porch - Front
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Gas Logs, One
  • Laundry: Dryer, Washer
  • Room 1: Living Room,On Level: 1
  • Room 2: Pri Bed,On Level: 1
  • Room 3: Kitchen,On Level: 1
  • Room 4: Laundry,On Level: 1
  • Room 5: Full Bath,On Level: 1
  • Room 6: Bedroom,On Level: 1
  • Room 7: Full Bath,On Level: 1
  • Room 8: Bedroom,On Level: 1
  • Total Finished Sq Ft: 1196
  • Above Grade Finished Sq Ft: 1196
  • Fireplace Location: Living Room
  • Foundation: Concrete Block
  • Kitchen Appliances Feat: Dishwasher, Electric Range, Microwave, Refrigerator
  • Kitchen Cabinets Counters: Wood Counter
  • Level: 1 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 2
  • Number of Main Level Bathrooms: 2
  • Number Beds: 3
  • Number Beds Main Level: 3
  • Full Bathrooms: 2
  • Room Types: Bedroom, Full Bath, Kitchen, Laundry, Living Room
  • Room Types Level1: Bedroom (L1), Full Bath (L1), Kitchen (L1), Laundry (L1), Living Room (L1)
  • Source of Sq Ft: Public Records

Exterior Features

  • Exterior: Vinyl
  • Number Of Acres: 0.37
  • Roof: Architectural Style
  • Structure Floors: Laminate, Vinyl
  • Structure Security: Smoke Detector(s)
  • Structure Window Ceiling: 8' Ceilings, Vaulted/Cathedral Ceiling

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

  • HOA/COA Amenities: Beach, Lake
  • Association Setup Transfer Fee Type: $
  • Association Setup Transfer Fees: 855
  • Association Fee: HOA
  • Association Frequency: Annual
  • Association Includes: Area Maint, Beach, Master Ins. Policy, Play Area, Road Maint, Security Force, Snow Removal
  • Association Fee: 1267

Schools

  • Elementary School: Cunningham
  • Middle School: Fluvanna
  • High School: Fluvanna

Building Info

  • Year Built: 2001

Tax Info

  • Year: 2023
  • Taxes: 1460

MLS Schools

  • HighSchool: Fluvanna
  • Middle School: Fluvanna
  • Elementary School: Cunningham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2024
Closed on
Mar 22, 2024
Sold by
Husted Angel A
Bought by
Wells Gabrielle A and Wells Matthew C
Seller's Agent
Gerri Russell
HOWARD HANNA ROY WHEELER REALTY CO.- CHARLOTTESVILLE
Buyer's Agent
AMY HUGHES
KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE
List Price
$280,000
Sold Price
$280,000
Views
98
Current Estimated Value
$301,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,923
Avg. Annual Appreciation
2.83%
Original Mortgage
$263,000
Outstanding Balance
$259,392
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$32,256

Purchase Details

Closed on
Oct 27, 2022
Sold by
Beths Lucille M
Bought by
Husted Angell A

Purchase Details

Closed on
Dec 11, 2015
Sold by
Fannie Mae
Bought by
Beths Lucille M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
3.89%
Mortgage Type
New Conventional
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
Wells Gabrielle A $280,000 Stewart Title
Husted Angell A $145,000 Chicago Title
Beths Lucille M $118,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wells Gabrielle A $263,000
Previous Owner Beths Lucille M $88,000
Previous Owner Cipriani Michelle $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2024 03/25/24 Sold $280,000 0.0% $234 / Sq Ft
02/19/2024 02/19/24 Pending -- -- --
02/12/2024 02/12/24 For Sale $280,000 -- $234 / 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 $1,907 $254,300 $30,000 $224,300
2024 $15 $173,000 $30,000 $143,000
2023 $1,460 $173,000 $30,000 $143,000
2022 $1,281 $147,200 $27,500 $119,700
2021 $1,281 $147,200 $27,500 $119,700
2020 $1,252 $135,400 $27,500 $107,900
2019 $1,252 $135,400 $27,500 $107,900
2018 $1,176 $129,700 $27,500 $102,200
2017 $1,176 $129,700 $27,500 $102,200
2016 $1,154 $125,800 $27,500 $98,300
2015 $1,123 $125,800 $27,500 $98,300
2014 $1,123 $127,600 $27,500 $100,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 649518

Charlottesville area Association of Realtors®

APN: 18A 5 269