NOT LISTED FOR SALE

497 Cunningham Meadows Dr Palmyra, VA 22963

Estimated Value: $416,000 - $513,000

4 Beds
2.5 Baths
2,274 Sq Ft
$199/Sq Ft Est. Value

Last Sold August 05, 2021

Last sale price $341,000 $150 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,621/month

28 Days on Market

Highlights

  • Great Room
  • 2 Car Attached Garage
  • Laundry Room
  • Breakfast Room
  • Living Room
  • Central Heating and Cooling System

About This Home

As of August 2021

Open House Sunday, June 6th, from 1:00 to 3:00. Beautifully maintained home offers 4 bedrooms and formal living room with hardwood floors. Off the kitchen, offers a morning room filled with an abundance of windows and light. Don't forget the great room that offers a huge TV, gas log fireplace and door leading to back deck. Cunningham Meadows is close to shopping, restaurants, county schools, and other conveniences. Septic designed for 3 bedrooms, accommodates 6 person occupancy. OPEN HOUSE 6/5 1-3PM

Last Agent to Sell the Property

Sandy Morris

KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE License #0225175332 Listed on: 05/24/2021

KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE

Last Buyer's Agent

Anna Antigua

KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE License #0225243630

KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE

Home Details

Home Type

  • Single Family

Year Built

  • 2018

Lot Details

  • 0.5 Acre Lot
  • Property is zoned A-1 Agricultural

Home Design

  • Poured Concrete

Interior Spaces

  • 2,274 Sq Ft Home
  • 2-Story Property
  • Great Room
  • Living Room
  • Breakfast Room
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Well
  • Septic Tank
  • Cable TV Available

Home Details

Home Type

Single Family

Year Built

2018

Lot Details

0

Listing Details

  • Class: Residential
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 2274
  • L V T Date: 05/24/2021
  • Parcel Number: 0000000
  • Price Per Sq Ft: 149.96
  • Property Included: Stove, Refrigerator, Dish Washer, Microwave, Wall TV and bracket in Livingroom
  • Total Sq Ft: 2659
  • Total Unfinished Sq Ft: 385
  • Type of Construction: On Site Built
  • Zoning: A-1 Agricultural
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2018

Interior Features

  • Room 1: Kitchen, On Level: 1
  • Room 2: Breakfast Room, On Level: 1
  • Room 3: Half Bath, On Level: 1
  • Room 4: Great Room, On Level: 1
  • Room 5: Living Room, On Level: 1
  • Room 6: Bedroom, On Level: 2
  • Room 7: Bedroom, On Level: 2
  • Room 8: Bedroom, On Level: 2
  • Room 9: Full Bath, On Level: 2
  • Room 10: Master Bedroom, On Level: 2
  • Room 11: Master Bath, On Level: 2
  • Room 12: Laundry, On Level: 2
  • Total Finished Sq Ft: 2274
  • Above Grade Finished Sq Ft: 2274
  • Foundation: Poured Concrete
  • Level: 2 Story
  • Bathrooms: 2.5
  • Number of Main Level Bathrooms: 0.5
  • Number Beds: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Room Types: Bedroom, Breakfast Room, Full Bath, Great Room, Half Bath, Kitchen, Laundry, Living Room, Master Bedroom
  • Room Types Level1: Breakfast Room (L1), Great Room (L1), Half Bath (L1), Kitchen (L1), Living Room (L1)
  • Room Types Level2: Bedroom (L2+), Full Bath (L2+), Laundry (L2+), Master Bedroom (L2+)
  • Source of Sq Ft: Public Records

Exterior Features

  • Number Of Acres: 0.5

Garage/Parking

  • Garage: Yes
  • Unfinished Above Grade Garage: 385
  • Garage Features: Attached, Electricity, Faces Front
  • Number of Car Spaces: 2
  • Total Above Grade Garage: 385

Utilities

  • Cooling: Central Ac, Heat Pump
  • Heating: Central Heat, Heat Pump
  • Cable Available: Cable
  • Sewer/Septic System: Septic Tank
  • Water: Individual Well

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2021
Closed on
Jul 30, 2021
Sold by
Bussell Matthew L and Bussell Tara S
Bought by
Serrano Pedro
Seller's Agent
Sandy Morris
KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE
Buyer's Agent
Anna Antigua
KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE
List Price
$369,000
Sold Price
$341,000
Premium/Discount to List
-$28,000
-7.59%
Current Estimated Value
$453,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,457
Avg. Annual Appreciation
6.66%
Original Mortgage
$334,823
Outstanding Balance
$304,912
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$148,545

Purchase Details

Closed on
Jan 22, 2019
Sold by
Liberty Homes Inc
Bought by
Bussell Matthew L and Bussell Tara S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,200
Interest Rate
4.6%
Mortgage Type
VA

Purchase Details

Closed on
Oct 18, 2011
Sold by
The Bank Of Hampton Roads
Bought by
Liberty Homes Inc

Purchase Details

Closed on
Jul 21, 2010
Sold by
Simon Stuart A and Acres Development Llc
Bought by
Bank Of Hampton Roads
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Serrano Pedro $341,000 Chicago Title Insurance Co
Bussell Matthew L $280,000 Chicago Title
Liberty Homes Inc $110,000 None Available
Bank Of Hampton Roads $580,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Serrano Pedro $334,823
Previous Owner Bussell Matthew L $289,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2021 08/05/21 Sold $341,000 -5.0% $150 / Sq Ft
06/21/2021 06/21/21 Pending -- -- --
06/01/2021 06/01/21 Price Changed $359,000 -2.7% $158 / Sq Ft
05/24/2021 05/24/21 For Sale $369,000 -- $162 / 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 $3,020 $402,700 $45,000 $357,700
2024 $2,816 $333,600 $45,000 $288,600
2023 $2,816 $333,600 $45,000 $288,600
2022 $2,506 $288,100 $42,500 $245,600
2021 $2,506 $288,100 $42,500 $245,600
2020 $2,586 $279,600 $42,500 $237,100
2019 $2,586 $279,600 $42,500 $237,100
2018 $385 $42,500 $42,500 $0
2017 $374 $42,500 $42,500 $0
2016 $390 $42,500 $42,500 $0
2015 -- $42,500 $42,500 $0
2014 $374 $42,500 $42,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 617924

Charlottesville area Association of Realtors®

APN: 17 28 22