$375,000
SOLD OCT 8, 2024

5 Loving Terrace Palmyra, VA 22963

3 Beds
2 Baths
1,576 Sq Ft
0.37 Acres

Recently Sold

$238 Per Sq Ft

129 Days on Market

Highlights

  • Beach
  • Community Boat Launch
  • Clubhouse
  • Golf Course Community
  • Community Lake
  • Family Room with Fireplace

About This Home

As of October 2024

Welcome to 5 Loving Ter, Palmyra, VA 22963—an exquisitely renovated home in the desirable Lake Monticello community! This 3-bedroom, 2-bathroom gem has been completely transformed inside and out. From new wood-style floors to a fully updated kitchen with stainless steel appliances, this home is move-in ready. Check out the photos to see the quality improvements, but they only tell part of the story—you have to see it in person! Outside, enjoy a large deck overlooking a private, wooded backyard, perfect for relaxing or hosting. The exterior boasts fresh paint, new siding, and enhanced landscaping. As a resident of Lake Monticello, you'll enjoy incredible amenities: a 350-acre lake, five beaches, an 18-hole golf course, tennis courts, a pool, walking trails, a marina, and a clubhouse. Just minutes from shopping, dining, and schools, this home offers both convenience and lakeside serenity. Don’t miss your chance—schedule a tour today!

Last Agent to Sell the Property

Yonna Smith

YES REALTY PARTNERS License #0225052201 Listed on: 09/09/2024

Co-Listed By

Keith Smith

YES REALTY PARTNERS License #0225194856

Last Buyer's Agent

Clayton Butler

THE HOGAN GROUP-CHARLOTTESVILLE License #0225268277

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,882

Year Built

  • Built in 1990

Lot Details

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

HOA Fees

  • $104 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Concrete Block With Brick

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Double Hung Windows
  • Casement Windows
  • Family Room with Fireplace
  • Dining Room
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Green Features

Outdoor Features

  • Playground
  • Rear Porch

Schools

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

Utilities

  • Heat Pump System
  • ENERGY STAR Qualified Water Heater
  • Community Sewer or Septic
  • Fiber Optics Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 18A-4-213

Community Details

Overview

  • $855 HOA Transfer Fee
  • Lake Monticello Subdivision
  • Community Lake

Amenities

  • Picnic Area
  • Clubhouse
  • Community Center
  • Meeting Room
  • Community Dining Room

Recreation

  • Community Boat Launch
  • Beach
  • Golf Course Community
  • Tennis Courts
  • Baseball Field
  • Soccer Field
  • Community Basketball Court
  • Volleyball Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,882

Year Built

Built in 1990

Lot Details

0

HOA Fees

$104 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 1716
  • Above Grade Unfinished Sq Ft: 140
  • Design: Ranch
  • L V T Date: 09/09/2024
  • Parcel Number: 18A-4-213
  • Price Per Sq Ft: 237.94
  • Total Sq Ft: 2156
  • Total Unfinished Sq Ft: 580
  • Type of Construction: On Site Built
  • Zoning: R-4 Residential
  • Subdivision: LAKE MONTICELLO
  • Comments: Yes
  • Concatenated Rooms1: |Bedroom1|Bedroom1|Full Bath1|Pri Bed1|Pri Bath1|
  • Structures Deck Porch: Porch - Rear, Wood
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Gas Logs
  • Laundry: Dryer, Washer
  • Room 1: Bedroom,On Level: 1
  • Room 2: Bedroom,On Level: 1
  • Room 3: Full Bath,On Level: 1
  • Room 4: Primary Bedroom,On Level: 1
  • Room 5: Primary Bath,On Level: 1
  • Total Finished Sq Ft: 1576
  • Above Grade Finished Sq Ft: 1576
  • Fireplace Location: Family Room
  • Foundation: Concrete Block
  • Kitchen Cabinets Counters: Granite, Painted Cabinets, White Cabinets, Wood Cabinets
  • 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
  • Room Types Level1: Bedroom (L1), Full Bath (L1)
  • Source of Sq Ft: Public Records

Exterior Features

  • Number Of Acres: 0.37
  • Roof: Architectural Style
  • Structure Floors: Carpet, Ceramic Tile, Hardwood
  • Structure Window Ceiling: 8' Ceilings, Casement Windows, Double-hung Windows, Vaulted/Cathedral Ceiling

Garage/Parking

  • Garage: Yes
  • Unfinished Above Grade Garage: 440
  • Number of Car Spaces: 2
  • Total Above Grade Garage: 440

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Cable Available: Cable, Fiber-Optic
  • Sewer/Septic System: Community Septic
  • Water: Community Water

Condo/Co-op/Association

  • HOA/COA Amenities: Baseball Field, Basketball Court, Beach, Boat Launch, Clubhouse, Community Room, Dining Rooms, Golf, Lake, Meeting Room, Picnic Area, Play Area, Pool, Soccer Field, Tennis, Volleyball, Community Dock
  • Association Setup Transfer Fee Type: $
  • Association Setup Transfer Fees: 855
  • Association Contact: LMOA
  • Association Fee: HOA
  • Association Frequency: Annual
  • Association Fee: 1250

Schools

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

Green Features

  • Green Appliances: ES Qual Water Heater
  • Green Features: Yes

Building Info

  • Year Built: 1990

Tax Info

  • Year: 2023
  • Taxes: 1882.12

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2024
Closed on
Sep 25, 2024
Sold by
Daniel John F and Daniel Judith S
Bought by
Ellis Richard and Cordone Carolyn
Seller's Agent
Yonna Smith
YES REALTY PARTNERS
Buyer's Agent
Clayton Butler
THE HOGAN GROUP-CHARLOTTESVILLE
List Price
$375,000
Sold Price
$375,000
Views
3
Current Estimated Value
$387,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,270
Avg. Annual Appreciation
1.96%
Original Mortgage
$275,000
Outstanding Balance
$272,379
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$109,246

Purchase Details

Closed on
Apr 5, 2006
Sold by
Stone George L and Stone Mary F
Bought by
Daniel John F and Daniel Judith S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,900
Interest Rate
6.37%
Mortgage Type
New Conventional
Source: Public Records

Similar Homes in Palmyra, VA

  • 22 Whippoorwill Ln, Palmyra, VA 22963

    $355,000

    • 2 Beds
    • 2.5 Baths
    • 1,840 Sq Ft
    • 22 Whippoorwill Ln
    • Palmyra, VA

    Welcome to this well maintained Cape Cod style home in Lake Monticello. This home features an open family room with vaulted ceilings, fireplace, and built in bookshelf that opens to the back deck overlooking the private backyard. Enjoy gatherings with the formal dining room. The spacious eat-in kitchen offers plenty of room for causal dining and cooking. The kitchen features white cabinets with

    Whitney Pace Long & Foster REALTORS

    Section Image
  • 17 Archer Cir, Palmyra, VA 22963

    $400,000

    • 3 Beds
    • 2 Baths
    • 1,338 Sq Ft
    • 17 Archer Cir
    • Palmyra, VA

    Beautiful, nearly new home featuring a spacious open-concept, single-level design. This 3-bedroom, 2-bath residence offers a luxurious owner’s suite with spa-like bath, dual vanities, and a walk-in closet. The gourmet kitchen is a showstopper with white cabinets, oversized island, granite countertops, stainless steel appliances, and gas cooking—perfect for everyday living and entertaining. New

    JANET BRADLEY HOMESELL REALTY

    Section Image
  • 49 Bunker Blvd, Palmyra, VA 22963

    $335,000

    • 3 Beds
    • 2.5 Baths
    • 1,799 Sq Ft
    • 49 Bunker Blvd
    • Palmyra, VA

    Highly Motivated Seller! Golfer?s Dream! Step from your back door straight onto the putting green in this charming chalet-style home nestled on the golf course, offering breathtaking water views of the pond with a stunning fountain. Enjoy front-row views of the 10th green from your spacious deck or take a short stroll to the clubhouse, driving range, and putting green. Designed for comfort and

    PEGGY SHANKLIN LONG & FOSTER - LAKE MONTICELLO

    Section Image
  • 11 Bunker Blvd, Palmyra, VA 22963

    $399,000

    • 3 Beds
    • 2 Baths
    • 2,085 Sq Ft
    • 11 Bunker Blvd
    • Palmyra, VA

    Calling all golfers! Here's an incredibly rare opportunity to own a home ON the 2nd fairway of the scenic Lake Monticello Golf Course! Desirable one level living boasting 3 oversized bedrooms with walk in closets and tons of space! Versatile bonus room with vaulted ceilings, would make a perfect den or office. Very inviting from the front foyer to the spacious great room with hardwood floors

    SHARON WOOD ACTION REAL ESTATE

    Section Image
  • 43 Bridlewood Dr Unit LM 70/11, Palmyra, VA 22963

    $339,825

    • 3 Beds
    • 2.5 Baths
    • 1,400 Sq Ft
    • 43 Bridlewood Dr
    • Unit LM 70/11
    • Palmyra, VA

    The Hill Model to be built at Lake Monticello. The newly designed main living area features an open concept floor plan creating a spacious living area with 36" kitchen cabinets, stainless appliances, 10x12 rear deck, three bedrooms upstairs with pull down attic space for storage, primary bedroom with ceiling fan, LED lights in the other two bedrooms, adult height elongated toilets in the primary

    Susan Stewart HOWARD HANNA ROY WHEELER REALTY - ZION CROSSROADS

    Section Image
  • 1 Windy Way, Palmyra, VA 22963

    $445,000

    • 3 Beds
    • 3 Baths
    • 1,990 Sq Ft
    • 1 Windy Way
    • Palmyra, VA

    Beautiful curb appeal and extensive landscaping are the first thing you?ll notice about this ranch style home. Featuring loads of natural lighting inside, this home features a great room with gas fireplace, light filled kitchen overlooking the front porch, breakfast/dining area with bay window and sunroom/reading room with access to the back deck that offers loads of privacy. Also on the main

    Iris Helfrich MONTICELLO COUNTRY REAL ESTATE, INC.

    Section Image
  • 1 W Lake Forest Dr, Palmyra, VA 22963

    $380,000

    • 3 Beds
    • 2.5 Baths
    • 2,416 Sq Ft
    • 1 W Lake Forest Dr
    • Palmyra, VA

    This move-in ready home has beautiful hardwood floors throughout the main level, a formal living room with gas fireplace & French doors, a formal dining room, a large eat-in kitchen with maple cabinets, stainless appliances, breakfast area, & large pantry. There are French doors leading from the kitchen area to the large rear deck. The laundry room is located on the second level. Large primary

    Ruth Guss RE/MAX REALTY SPECIALISTS-CHARLOTTESVILLE

    Section Image
  • 267 Jefferson Dr, Palmyra, VA 22963

    $409,000

    • 3 Beds
    • 2.5 Baths
    • 1,942 Sq Ft
    • 267 Jefferson Dr
    • Palmyra, VA

    Custom built contemporary, first time on the market. This home is for the true lover of contemporary style living. Home features an open style floor plan with exceptional natural light encompassing all the rooms and hardwood flooring though out the main living area. Situated with a very private back yard, owners enjoyed watching the wildlife ramble through along with seasonal views of the golf

    Iris Helfrich MONTICELLO COUNTRY REAL ESTATE, INC.

    Section Image
  • 2 Amethyst Rd, Palmyra, VA 22963

    $354,000

    • 3 Beds
    • 2 Baths
    • 1,591 Sq Ft
    • 2 Amethyst Rd
    • Palmyra, VA

    **Price Reduction** Beautiful 1/2 acre corner lot in the lovely Lake Monticello neighborhood! Step inside to the warmth of a brand new stone fireplace, accompanied by vaulted ceilings, and a large open living room that make this home bright, airy, and comfortable. One bedroom and one bathroom on main floor. Good sized laundry room and Butler's pantry next to kitchen. Two bedrooms upstairs with a

    Nick Bradley REAL BROKER, LLC

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $375,000 Westcor Land Title
Bargain Sale Deed $249,900 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $275,000 New Conventional
Previous Owner $30,000 New Conventional
Previous Owner $185,400 New Conventional
Previous Owner $199,900 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2024 10/08/24 Sold $375,000 0.0% $238 / Sq Ft
09/09/2024 09/09/24 Pending -- -- --
05/03/2024 05/03/24 For Sale $375,000 -- $238 / 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 $2,606 $347,500 $30,000 $317,500
2024 $19 $223,000 $30,000 $193,000
2023 $1,882 $223,000 $30,000 $193,000
2022 $1,645 $189,100 $27,500 $161,600
2021 $1,645 $189,100 $27,500 $161,600
2020 $1,622 $175,400 $27,500 $147,900
2019 $1,622 $175,400 $27,500 $147,900
2018 $1,524 $168,000 $27,500 $140,500
2017 $1,524 $168,000 $27,500 $140,500
2016 $1,505 $164,100 $27,500 $136,600
2015 $1,419 $164,100 $27,500 $136,600
2014 $1,419 $161,300 $27,500 $133,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Charlottesville area Association of Realtors®

MLS Number: 656649

Charlottesville area Association of Realtors®

APN: 18A-4-213