NOT LISTED FOR SALE

5 Tara Ct Palmyra, VA 22963

Estimated Value: $1,026,000 - $1,248,988

5 Beds
3.5 Baths
3,964 Sq Ft
$277/Sq Ft Est. Value

Last Sold December 08, 2020

Last sale price $815,000 $206 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $6,588/month

2 Days on Market

Highlights

  • Water Views
  • Golf Course Community
  • Second Kitchen
  • Beach
  • Community Boat Launch
  • Gated Community

About This Home

As of December 2020

EVERYTHING A WATERFRONT HOME SHOULD BE...AND SO MUCH MORE! Gorgeous Waterfront Located Just 4-Blks From Lake Monticello’s Main Beach-Clubhouse-Pool-Playground...The Perfect Waterfront In The Perfect Location! Hardi-Plank Exterior, Coffered & 18-ft Vaulted Ceilings, Window-Surround Greatroom w/FP, Gourmet Kitchen w/Granite-Subway-Tile Backsplash-Deep Farm Sink-SS Appl-Custom Lighting, Main Level Owner’s Ste w/Priv. Screened Porch Overlooking Water, Spacious BRs, Vaulted Home Office & BA, Fin.Terrace Level w/Kitchenette & Walk-out to Covered Patio, 2 Screened Porches, Trex Deck & Dock, Electrical & USB at Dock, Landscape Lighting, Lake Irrigation, Terraced Garden Walkways, Firepit Area, & Easy Walk To Water. RECENT APPRAISAL SUPPORTS PRICE

Last Agent to Sell the Property

THE STRONG TEAM

STRONG TEAM, REALTORS License #0225059911 Listed on: 10/12/2020

Last Buyer's Agent

Errin Kardos-Searcy

STORY HOUSE REAL ESTATE License #0225095090

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,902

Year Built

  • 2015

Lot Details

  • 0.33 Acre Lot
  • Cul-De-Sac
  • Landscaped
  • Irrigation
  • Property is zoned R-4 Residential

HOA Fees

  • $91 Monthly HOA Fees

Home Design

  • Concrete Block With Brick
  • Poured Concrete
  • HardiePlank Siding

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Multiple Fireplaces
  • Gas Log Fireplace
  • Transom Windows
  • Entrance Foyer
  • Great Room with Fireplace
  • Family Room
  • Dining Room
  • Home Office
  • Utility Room
  • Water Views
  • Fire and Smoke Detector

Kitchen

  • Second Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Primary bathroom on main floor
  • Double Vanity

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Finished Basement

  • Walk-Out Basement
  • Apartment Living Space in Basement
  • Basement Windows

Parking

  • 2 Car Garage
  • Side Facing Garage

Outdoor Features

  • Pond
  • Playground

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Propane
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number Lot 41

Community Details

Overview

  • Association fees include beach, boat launch, club house, master ins. policy, play area, prof. mgmt., reserve fund, road maint, security force, snow removal, trash pickup, dock
  • $850 HOA Transfer Fee
  • 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
  • Trails

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,902

Year Built

2015

Lot Details

0

HOA Fees

$91 per month

Listing Details

  • Class: Residential
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 3038
  • Below Grade Total Sq Ft: 926
  • Design: Contemporary, Ranch
  • L V T Date: 10/12/2020
  • Nameof Property: LUXURIOUS WATERFRONT
  • Parcel Number: Lot 41
  • Price Per Sq Ft: 205.6
  • Property Excluded: Swing on Patio
  • Total Sq Ft: 4557
  • Total Unfinished Sq Ft: 593
  • Type of Construction: On Site Built
  • Zoning: R-4 Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2015

Interior Features

  • Fireplace: Gas Logs, One
  • Laundry: Dryer Hookup, Washer Hookup
  • Basement Type: Finished, Inside Access, Walk Out, Windows
  • Room 1: Foyer, On Level: 1
  • Room 2: Great Room, On Level: 1
  • Room 3: Half Bath, On Level: 1
  • Room 4: Dining Room, On Level: 1
  • Room 5: Kitchen, On Level: 1
  • Room 6: Laundry, On Level: 1
  • Room 7: Master Bedroom, On Level: 1
  • Room 8: Master Bath, On Level: 1
  • Room 9: Bedroom, On Level: 2
  • Room 10: Bedroom, On Level: 2
  • Room 11: Bedroom, On Level: 2
  • Room 12: Home Office, On Level: 2
  • Room 13: Full Bath, On Level: 2
  • Room 14: Family Room, On Level: Basement
  • Room 15: Kitchen, On Level: Basement
  • Room 16: Bedroom, On Level: Basement
  • Room 17: Full Bath, On Level: Basement
  • Total Finished Sq Ft: 3964
  • Above Grade Finished Sq Ft: 3038
  • Basement: Yes
  • Below Grade Finished Sq Ft: 926
  • Fireplace Location: Great Room
  • Foundation: Concrete Block, Poured Concrete
  • Kitchen Appliances Feat: Breakfast Bar, Dishwasher, Disposal, Electric Range, Island, Microwave, Pantry, Refrigerator
  • Kitchen Cabinets Counters: Granite, White Cabinets
  • Land Description: Irrigation System, Landscape Lighting, Landscaped, Nearly Level, Water Front
  • Level: 2 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 3.5
  • Below Grade Bathrooms: 1
  • Number of Main Level Bathrooms: 1.5
  • Number Beds: 5
  • Number Beds Below Grade: 1
  • Number Beds Main Level: 1
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Room 18: Utility Room, On Level: Basement
  • Room Types: Basement Apt., Bedroom, Dining Room, Family Room, Foyer, Full Bath, Great Room, Half Bath, Home Office, Kitchen, Laundry, Master Bedroom, Utility Room, Master Bathroom
  • Room Types Level1: Dining Room (L1), Foyer (L1), Great Room (L1), Half Bath (L1), Kitchen (L1), Laundry (L1), Master Bedroom (L1)
  • Room Types Level2: Bedroom (L2+), Full Bath (L2+), Home Office (L2+)
  • Room Types Level B: Bedroom (LB), Family Room (LB), Full Bath (LB), Kitchen (LB), Utility Room (LB)
  • Source of Sq Ft: Public Records

Exterior Features

  • Exterior: Hardie Plank
  • Number Of Acres: 0.33
  • Roof: Architectural Style
  • Structure Deck Porch: Deck, Patio - Covered, Porch - Front, Porch - Screened
  • Structure Features: Dual Vanities, Two Kitchens, Walk-In Closet
  • Structure Floors: Ceramic Tile, Hardwood
  • Structure Security: Gated Community, Smoke Detector(s)
  • Structure Window Ceiling: Tilt Sash Windows, Transom, Vaulted/Cathedral Ceiling
  • View: Water View
  • Water Property: Pond / Lake

Garage/Parking

  • Garage: Yes
  • Below Grade Unfinished Garage: 593
  • Garage Features: Faces Side
  • Number of Car Spaces: 2
  • Total Below Grade Garage: 593

Utilities

  • Cooling: Central Ac, Heat Pump
  • Heating: Heat Pump, Propane
  • Cable Available: Cable, Dsl
  • Sewer/Septic System: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • HOA/COA Amenities: Basketball Court, Baseball Field, Beach, Boat Launch, Clubhouse, Community Room, Dining Rooms, Golf, Lake, Meeting Room, Picnic Area, Play Area, Pool, Soccer Field, Tennis, Volleyball, Walk/Run Trails
  • Association Setup Transfer Fee Type: $
  • Association Setup Transfer Fees: 850
  • Association Fee: Hoa
  • Association Frequency: Monthly
  • Association Includes: Beach, Boat Launch, Club House, Master Ins. Policy, Play Area, Prof. Mgmt., Reserve Fund, Road Maint, Security Force, Snow Removal, Trash Pickup, Dock
  • Association Fee: 91

Schools

  • Elementary School: West Central Primary
  • Middle School: Fluvanna
  • High School: Fluvanna

Lot Info

  • Lot Features: Cul-De-Sac, Private Gated Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2023
Sold by
Schlanger Steven R and Schlanger Irene D
Bought by
Schlanger Family Revocable Trust and Schlanger
Current Estimated Value
$1,096,747

Purchase Details

Listed on
Oct 12, 2020
Closed on
Nov 5, 2020
Sold by
Kughn Christopher J and Kughn Barbara R
Bought by
Schlanger Steven R and Schlanger Irene D
Seller's Agent
THE STRONG TEAM
STRONG TEAM, REALTORS
Buyer's Agent
Errin Kardos-Searcy
STORY HOUSE REAL ESTATE
List Price
$830,000
Sold Price
$815,000
Premium/Discount to List
-$15,000
-1.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.35%

Purchase Details

Closed on
Nov 16, 2010
Sold by
Moore Brenda Diane
Bought by
Kughn Christopher J and Kughn Barbara R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
4.3%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 11, 2005
Sold by
Moore Charles R
Bought by
Moore Brenda Diane
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
Schlanger Family Revocable Trust -- None Listed On Document
Schlanger Steven R $815,000 Old Republic National Title
Kughn Christopher J $225,000 Southern Titl Ins Corp
Moore Brenda Diane -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kughn Christopher J $207,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2020 12/08/20 Sold $815,000 -1.8% $206 / Sq Ft
10/14/2020 10/14/20 Pending -- -- --
10/12/2020 10/12/20 For Sale $830,000 -- $209 / 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 $7,902 $1,053,640 $190,000 $863,640
2024 $72 $851,800 $190,000 $661,800
2023 $7,189 $851,800 $190,000 $661,800
2022 $6,682 $768,000 $182,500 $585,500
2021 $6,682 $768,000 $182,500 $585,500
2020 $6,799 $735,000 $182,500 $552,500
2019 $6,799 $735,000 $182,500 $552,500
2018 $6,524 $719,300 $182,500 $536,800
2017 $6,524 $719,300 $182,500 $536,800
2016 $5,574 $607,800 $162,500 $445,300
2015 $1,430 $162,500 $162,500 $0
2014 $1,430 $162,500 $162,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 609592

Charlottesville area Association of Realtors®

APN: 18A 1 41