NOT LISTED FOR SALE

5 Tara Ct Palmyra, VA 22963

Lake Monticello Area

Estimated Value: $1,049,000 - $1,307,000

5 Beds
3.5 Baths
3,964 Sq Ft
$298/Sq Ft Est. Value

Sale Details

Date Sold: December 8, 2020

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

Est. 45% increase in value since last sale

Current estimated payment $7,253 / mo

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • 2015

Lot Details

  • 14,375 Sq Ft 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
  • 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

Year Built

2015

Lot Details

0.33 Acres

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

Lot Info

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2023
Sold by
Bought by
Current Estimated Value
$1,182,444

Purchase Details

Listed on
Oct 12, 2020
Closed on
Nov 5, 2020
Sold by
Bought by
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
6.81%

Purchase Details

Closed on
Nov 16, 2010
Sold by
Bought by

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
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Palmyra, VA

  • Saso Morabito Real Estate Agent - COWAN REALTY

    Saso Morabito

    COWAN REALTY

    (540) 712-6507

    53 Total Sales

    3 in Lake Monticello

    $191K - $427K Price Range

    Saso Morabito
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  • Ronald Wooddell Real Estate Agent - Coldwell Banker Lafoon Realty,

    Ronald Wooddell

    Responds Quickly

    Coldwell Banker Lafoon Realty,

    (434) 603-6399

    86 Total Sales

    2 in Lake Monticello

    $205K - $365K Price Range

    Ronald Wooddell
     Section Image
  • MAZI VOGLER Real Estate Agent - TOWN REALTY

    MAZI VOGLER

    Responds Quickly

    TOWN REALTY

    (434) 443-7370

    72 Total Sales

    5 in Lake Monticello

    $299K - $755K Price Range

    MAZI VOGLER
     Section Image
  • Sonya Gierke Real Estate Agent - RE/MAX Commonwealth

    Sonya Gierke

    RE/MAX Commonwealth

    (804) 259-0974

    43 Total Sales

    1 in Lake Monticello

    $395,000 Price

    Sonya Gierke
     Section Image
  • Spencer Wenger Real Estate Agent - Kline May Realty

    Spencer Wenger

    Kline May Realty

    (540) 534-4278

    108 Total Sales

    1 in Lake Monticello

    $257,000 Price

    Spencer Wenger
     Section Image
  • Kate Herring Real Estate Agent - HERITAGE REAL ESTATE CO.

    Kate Herring

    HERITAGE REAL ESTATE CO.

    (434) 443-5912

    15 Total Sales

    2 in Lake Monticello

    $445,000 Price Range

    Kate Herring
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$815,000 Old Republic National Title
$225,000 Southern Titl Ins Corp
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $573,000
Previous Owner $40,000
Previous Owner $592,000
Previous Owner $193,200
Previous Owner $417,000
Previous Owner $487,900
Previous Owner $823,000
Previous Owner $207,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $7,955 $1,053,640 $190,000 $863,640
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

  • T

    Seller's Agent in 2020

    THE STRONG TEAM

    STRONG TEAM, REALTORS

    Section Image
  • Errin Kardos-Searcy Real Estate Agent - STORY HOUSE REAL ESTATE

    Buyer's Agent in 2020

    Errin Kardos-Searcy

    STORY HOUSE REAL ESTATE

    (434) 216-6358

    172 Total Sales

    Errin Kardos-Searcy
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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 609592

Charlottesville area Association of Realtors®

APN: 18A 1 41

Virginia Fluvanna County Palmyra 22963

5 Tara Ct, Palmyra, VA

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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