NOT LISTED FOR SALE

5 Oak Grove Rd Palmyra, VA 22963

Estimated Value: $388,000 - $441,000

4 Beds
3 Baths
2,611 Sq Ft
$162/Sq Ft Est. Value

Last Sold July 29, 2021

Last sale price $355,000 $136 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,594/month

10 Days on Market

Highlights

  • Outdoor Pool
  • 2 Car Attached Garage
  • 1-Story Property
  • Multiple Fireplaces
  • Breakfast Bar

About This Home

As of July 2021

Open floor plan, vaulted ceilings, skylights, sunroom, bamboo floors, remodeled bathrooms, and newly finished basement are only some of the many highlights this spacious ranch offers! Privacy surrounds this fine home. Located on a quiet cul-de-sac in a desirable golf course area. Kitchen offers large 4-person breakfast bar, beautiful glass front oak cabinets, pendant lights, and gas stove. Unbelievable built in stairway pantry. Sunroom with tiled floor overlooks private backyard. Large master suite offers vaulted ceiling, palladium window, and walk in closet. Light-filled great room boasts skylights, vaulted ceiling, and corner gas fireplace. First floor laundry room with cabinets. Finished basement includes bedroom, full bath, linen closet, and large rec room. Unfinished storage room. Over-sized 2 car garage. Asphalt driveway with extra parking. Please remove shoes.

Last Agent to Sell the Property

Ray Caddell

Ray Caddell & Co. Real Estate License #0225036919 Listed on: 06/06/2021

Last Buyer's Agent

Cindy Taylor

RE/MAX REALTY SPECIALISTS-CHARLOTTESVILLE License #0225240927

RE/MAX REALTY SPECIALISTS-CHARLOTTESVILLE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,182

Year Built

  • 1997

Lot Details

  • 0.41

HOA Fees

  • $92 Monthly HOA Fees

Home Design

  • Poured Concrete

Interior Spaces

  • 1-Story Property
  • Multiple Fireplaces
  • Gas Log Fireplace

Kitchen

  • Breakfast Bar
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Primary bathroom on main floor

Laundry

  • Dryer
  • Washer

Finished Basement

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

Parking

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

Utilities

  • Heat Pump System
  • Cable TV Available

Additional Features

  • Outdoor Pool
  • 0.41 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 245/4

Community Details

Overview

  • $800 HOA Transfer Fee

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,182

Year Built

1997

Lot Details

0

HOA Fees

$92 per month

Listing Details

  • Class: Residential
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 1778
  • Below Grade Total Sq Ft: 1456
  • L V T Date: 06/09/2021
  • Parcel Number: 245/4
  • Price Per Sq Ft: 135.96
  • Property Included: Range, dishwasher, refrigerator, washer, dryer
  • Total Sq Ft: 3757
  • Total Unfinished Sq Ft: 1146
  • Type of Construction: On Site Built
  • Zoning: R Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1997

Interior Features

  • Unfinished Below Grade Sq Ft: 623
  • Fireplace: Gas, Gas Logs, One
  • Laundry: Dryer, Washer
  • Basement Type: Finished, Full, Heated, Inside Access, Outside Entrance, Partly Finished, Walk Out, Windows
  • Total Finished Sq Ft: 2611
  • Above Grade Finished Sq Ft: 1778
  • Basement: Yes
  • Below Grade Finished Sq Ft: 833
  • Foundation: Poured Concrete
  • Kitchen Appliances Feat: Breakfast Bar, Dishwasher, Disposal, Gas Range, Refrigerator
  • Level: 1 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 3
  • Number Beds: 4
  • Full Bathrooms: 3
  • Source of Sq Ft: Owner

Exterior Features

  • Number Of Acres: 0.41
  • Pool: Yes
  • Pool: Community

Garage/Parking

  • Garage: Yes
  • Unfinished Above Grade Garage: 523
  • Garage Features: Attached, Auto Door, Electricity, Faces Side
  • Number of Car Spaces: 2
  • Total Above Grade Garage: 523

Utilities

  • Cooling: Heat Pump
  • Heating: 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: 800
  • Association Fee: Hoa
  • Association Frequency: Monthly
  • Association Fee: 92

Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2021
Closed on
Jul 9, 2021
Sold by
Reitsma Jason W and Newberry Erica L
Bought by
Pomare Housny and Pomare Demi
Seller's Agent
Ray Caddell
Ray Caddell & Co. Real Estate
Buyer's Agent
Cindy Taylor
RE/MAX REALTY SPECIALISTS-CHARLOTTESVILLE
List Price
$349,900
Sold Price
$355,000
Premium/Discount to List
$5,100
1.46%
Current Estimated Value
$423,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,133
Avg. Annual Appreciation
4.23%
Original Mortgage
$355,000
Outstanding Balance
$322,107
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$101,026

Purchase Details

Closed on
Jun 21, 2016
Sold by
Breaud Alison Elisabeth
Bought by
Reitsma Jason W and Newberry Erica J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,268
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 26, 2011
Sold by
Hoffman Alan H and Hoffman Alison B
Bought by
Hoffman Alison B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2007
Sold by
Hoffman Alan H and Hoffman Alison B
Bought by
Hoffman Alan H and Hoffnan Alison B

Purchase Details

Closed on
Sep 13, 2006
Sold by
Wheeler Alison B
Bought by
Hoffman Alan H
Source: Public Records

Range of Values:

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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
Pomare Housny $355,000 Old Republic National Title
Reitsma Jason W $206,000 Stewart Title
Hoffman Alison B -- None Available
Hoffman Alan H -- None Available
Hoffman Alan H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pomare Housny $355,000
Previous Owner Reitsma Jason W $202,268
Previous Owner Hoffman Alison B $183,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2021 07/29/21 Sold $355,000 +1.5% $136 / Sq Ft
06/16/2021 06/16/21 Pending -- -- --
06/06/2021 06/06/21 For Sale $349,900 -- $134 / 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 $3,182 $424,300 $30,000 $394,300
2024 $27 $324,000 $30,000 $294,000
2023 $2,735 $324,000 $30,000 $294,000
2022 $2,059 $236,700 $27,500 $209,200
2021 $2,059 $219,300 $27,500 $191,800
2020 $1,832 $198,000 $27,500 $170,500
2019 $1,832 $198,000 $27,500 $170,500
2018 $1,713 $188,900 $27,500 $161,400
2017 $1,713 $188,900 $27,500 $161,400
2016 $1,696 $184,900 $27,500 $157,400
2015 $1,600 $184,900 $27,500 $157,400
2014 $1,600 $181,800 $27,500 $154,300
Source: Public Records

Agents Affiliated with this Home

  • Ray Caddell

    Seller's Agent in 2021

    Ray Caddell

    Ray Caddell & Co. Real Estate

    (434) 960-4595

    6 in this area

    38 Total Sales

    Ray Caddell
    Section Image

  • C

    Buyer's Agent in 2021

    Cindy Taylor

    RE/MAX

    Section Image
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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 618415

Charlottesville area Association of Realtors®

APN: 18A 4 245

Virginia Fluvanna County Palmyra 22963

5 Oak Grove Rd, Palmyra, VA

This home is located at 5 Oak Grove Rd, Palmyra, VA 22963 since 06 June 2021 and is currently estimated at $423,133, approximately $162 per square foot. This property was built in 1997. 5 Oak Grove Rd is a home located in Fluvanna County with nearby schools including Central Elementary School, West Central Primary School, and Carysbrook Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Charlottesville area Association of Realtors® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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