NOT LISTED FOR SALE

5 Ripping Ct Palmyra, VA 22963

Estimated Value: $291,000 - $356,000

3 Beds
2.5 Baths
2,040 Sq Ft
$161/Sq Ft Est. Value

Last Sold January 13, 2022

Last sale price $255,000 $125 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,059/month

69 Days on Market

Highlights

  • Golf Course Community
  • Living Room with Fireplace
  • Community Pool
  • 0.83 Acre Lot
  • Recreation Room
  • Home Office

About This Home

As of January 2022

Come see this updated home with finished basement on .83 acres at Lake Monticello. This great home features a large living room with gas fireplace, cozy dining room and bright kitchen with solid surface countertops on the main level. Upstairs has 3 bedrooms and 2 bathrooms. In the basement you have room for a home office, media room and play room. Enjoy the very private fenced in backyard. This home has been updated with new paint inside, new painted white cabinets, new roof, new hvac and mini split for basement, new carpet, new refrigerator, electric range, dishwasher and microwave. Large shed with new roof for storage. Owner is a licensed realtor in Virginia.

Last Agent to Sell the Property

Yvette Okros

AVENUE REALTY, LLC License #0225057745 Listed on: 08/18/2021

Last Buyer's Agent

Gary Palmer

TOWN REALTY License #0225217224

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,900

Year Built

  • Built in 1995

Lot Details

  • 0.83 Acre Lot
  • Partially Fenced Property
  • Gentle Sloping Lot
  • Property is zoned R-4 Residential, 4 Dwellings/Acre

HOA Fees

  • $94 Monthly HOA Fees

Home Design

  • Concrete Block With Brick
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Gas Log Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Recreation Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Windows

Schools

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

Utilities

  • Heat Pump System
  • Cable TV Available

Community Details

Overview

  • Association fees include beach, boat launch, road maint, snow removal, trash pickup
  • $800 HOA Transfer Fee
  • Lake Monticello Subdivision

Recreation

  • Golf Course Community
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,900

Year Built

Built in 1995

Lot Details

0

HOA Fees

$94 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 1456
  • Below Grade Total Sq Ft: 728
  • Design: Colonial
  • L V T Date: 08/19/2021
  • Price Per Sq Ft: 125
  • Property Included: appliances and shed
  • Total Sq Ft: 2184
  • Total Unfinished Sq Ft: 144
  • Type of Construction: On Site Built
  • Zoning: R-4 Residential, 4 Dwellings/Acre
  • Subdivision: LAKE MONTICELLO
  • Comments: Yes
  • Concatenated Rooms1: |Foyer1|Living Roo1|Dining Roo1|Kitchen1|Half Bath1|Bedroom2|Bedroom2|Full Bath2|Master Bed2|Master BTH2|DenB|Rec RoomB|LaundryB|Home OfficB|
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Unfinished Below Grade Sq Ft: 144
  • Fireplace: Gas Logs
  • Laundry: Dryer, Washer
  • Basement Type: Finished, Inside Access, Outside Entrance, Walk Out, Windows
  • Room 1: Foyer, On Level: 1
  • Room 2: Living Room, On Level: 1
  • Room 3: Dining Room, On Level: 1
  • Room 4: Kitchen, On Level: 1
  • Room 5: Half Bath, On Level: 1
  • Room 6: Bedroom, On Level: 2
  • Room 7: Bedroom, On Level: 2
  • Room 8: Full Bath, On Level: 2
  • Room 9: Master Bedroom, On Level: 2
  • Room 10: Master Bath, On Level: 2
  • Room 11: Den, On Level: Basement
  • Room 12: Rec Room, On Level: Basement
  • Room 13: Laundry, On Level: Basement
  • Room 14: Home Office, On Level: Basement
  • Total Finished Sq Ft: 2040
  • Above Grade Finished Sq Ft: 1456
  • Basement: Yes
  • Below Grade Finished Sq Ft: 584
  • Fireplace Location: Living Room
  • Foundation: Concrete Block
  • Kitchen Appliances Feat: Dishwasher, Electric Range, Microwave, Refrigerator
  • Kitchen Cabinets Counters: Solid Surface Counter, Wood Cabinets, White Cabinets
  • Land Description: Gently Rolling
  • Level: 2 Story
  • Bathrooms: 2.5
  • Number of Main Level Bathrooms: 0.5
  • Number Beds: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Room Types: Bedroom, Den, Dining Room, Foyer, Full Bath, Half Bath, Home Office, Kitchen, Laundry, Living Room, Master Bedroom, Rec Room
  • Room Types Level1: Dining Room (L1), Foyer (L1), Half Bath (L1), Kitchen (L1), Living Room (L1)
  • Room Types Level2: Bedroom (L2+), Full Bath (L2+), Master Bedroom (L2+)
  • Room Types Level B: Den (LB), Home Office (LB), Laundry (LB), Rec Room (LB)
  • Source of Sq Ft: Owner

Exterior Features

  • Exterior: Vinyl
  • Number Of Acres: 0.83
  • Roof: Architectural Style
  • Structure Deck Porch: Deck, Porch - Front, Porch - Side
  • Structure Floors: Carpet, Ceramic Tile, Laminate

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Cable Available: Cable
  • Sewer/Septic System: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • HOA/COA Amenities: Golf, Pool
  • Association Setup Transfer Fee Type: $
  • Association Setup Transfer Fees: 800
  • Association Contact: Lake Monticello
  • Association Fee: HOA
  • Association Frequency: Annual
  • Association Includes: Beach, Boat Launch, Road Maint, Snow Removal, Trash Pickup
  • Association Fee: 1130

Schools

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

Lot Info

  • Lot Features: Fenced Part

Building Info

  • Year Built: 1995

Tax Info

  • Year: 2021
  • Taxes: 1900

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2021
Closed on
Dec 2, 2021
Sold by
Laurel Oak Properties Llc
Bought by
Boguslav Bruce E and Boguslav Linda E
Seller's Agent
Yvette Okros
AVENUE REALTY, LLC
Buyer's Agent
Gary Palmer
TOWN REALTY
List Price
$259,000
Sold Price
$255,000
Premium/Discount to List
-$4,000
-1.54%
Current Estimated Value
$328,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,924
Avg. Annual Appreciation
7.29%
Original Mortgage
$246,489
Outstanding Balance
$227,952
Interest Rate
3.22%
Mortgage Type
FHA
Estimated Equity
$100,972
Source: Public Records

Range of Values:

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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
Boguslav Bruce E $255,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boguslav Bruce E $246,489
Previous Owner Wright Jodie L $163,908
Previous Owner Adkins Jodie L $25,000
Previous Owner Morris Jodie L $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2022 01/13/22 Sold $255,000 -1.5% $125 / Sq Ft
10/26/2021 10/26/21 Pending -- -- --
10/15/2021 10/15/21 For Sale $259,000 +1.6% $127 / Sq Ft
09/28/2021 09/28/21 Off Market $255,000 -- --
09/21/2021 09/21/21 Pending -- -- --
08/18/2021 08/18/21 For Sale $259,000 -- $127 / 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 $2,074 $276,500 $28,500 $248,000
2024 $19 $224,300 $28,500 $195,800
2023 $1,893 $224,300 $28,500 $195,800
2022 $1,703 $195,700 $26,100 $169,600
2021 $1,703 $195,700 $26,100 $169,600
2020 $1,632 $176,400 $26,100 $150,300
2019 $1,632 $176,400 $26,100 $150,300
2018 $1,542 $170,000 $26,100 $143,900
2017 $1,542 $170,000 $26,100 $143,900
2016 $1,617 $176,300 $26,100 $150,200
2015 $1,519 $176,300 $26,100 $150,200
2014 $1,519 $172,600 $26,100 $146,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 621122

Charlottesville area Association of Realtors®

APN: 18A 7 96