NOT LISTED FOR SALE

5 Towpath Ct Palmyra, VA 22963

Estimated Value: $390,659 - $414,000

0.42 Acre
$955,750 Price per Acre
18,295 Sq Ft Lot

Last Sold October 30, 2019

Last sale price $32,000

Est. 1,154% increase in value since last sale

Current estimated payment $2,295/month

397 Days on Market

Highlights

  • Golf Course Community
  • Community Lake
  • Tennis Courts
  • Community Boat Launch
  • Clubhouse
  • Picnic Area

About This Lot

As of October 2019

If lake living is for you, this is the perfect building lot suitable for a walk out basement. One of a few good building lots left. Quiet cul-de-sac location near the golf course and close to Beach 3. Bring your plans, or I can refer a builder to you. Enjoy all the amenities Lake Monticello has to offer. 5 beaches, renovated main clubhouse, tennis, baseketball, pool, golf course, brand new fairway facility with Pub, playgrounds, soccer and baseball fields. And lets not forget the fishing and boating.

Last Agent to Sell the Property

Iris Helfrich

MONTICELLO COUNTRY REAL ESTATE, INC. License #0225073583 Listed on: 08/29/2018

Last Buyer's Agent

Kevin Quick

RE/MAX REALTY SPECIALISTS-CHARLOTTESVILLE License #0225199493

RE/MAX REALTY SPECIALISTS-CHARLOTTESVILLE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $23

Lot Details

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

HOA Fees

  • $66 Monthly HOA Fees

Community Details

Overview

  • Lake Monticello Subdivision
  • Community Lake

Amenities

  • Picnic Area
  • Door to Door Trash Pickup
  • Clubhouse
  • Community Center

Recreation

  • Community Boat Launch
  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Snow Removal

Property Details

Property Type

Land

Est. Annual Taxes

$23

Lot Details

0

HOA Fees

$66 per month

Listing Details

  • Class: Land
  • Property Type: Building Lots
  • L V T Date: 08/29/2018
  • Price Per Sq Ft: 76190.48
  • Zoning: R-4 Residential
  • Best Use: Residential
  • Current Use: Vacant
  • Subdivision: Lake Monticello
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Number Of Acres: 0.42

Utilities

  • Sewer/Septic System: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • Association Frequency: Annual
  • Association Fee: 788
  • HOA Amenities: Basketball Court, Baseball Field, Beach, Boat Launch, Clubhouse, Community Room, Golf, Lake, Picnic Area, Play Area, Soccer Field, Tennis
  • HOA: Yes
  • H O A Includes: Area Maint, Boat Launch, Club House, Road Maint, Reserve Fund, Snow Removal, Trash Pickup

Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2024
Sold by
Bernard Michael James and Bernard Linda Ann
Bought by
Bernard Joint Trust and Bernard
Current Estimated Value
$401,415

Purchase Details

Listed on
Aug 29, 2018
Closed on
Oct 25, 2019
Sold by
Bowman Richard D and Bowman Beverly J
Bought by
Bernard Michael James and Bernard Linda Ann
Seller's Agent
Iris Helfrich
MONTICELLO COUNTRY REAL ESTATE, INC.
Buyer's Agent
Kevin Quick
RE/MAX REALTY SPECIALISTS-CHARLOTTESVILLE
List Price
$39,000
Sold Price
$32,000
Premium/Discount to List
-$7,000
-17.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
55.53%

Purchase Details

Closed on
Feb 1, 2008
Sold by
Hazlett Charles R and Hazlett Elnora M
Bought by
Bowman Richard D and Bowman Beverly J
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
Bernard Joint Trust -- None Listed On Document
Bernard Michael James $32,000 Old Republic Title
Bowman Richard D $90,000 Stewart Title Guaranty Compa
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2019 10/30/19 Sold $32,000 -17.9% --
09/30/2019 09/30/19 Pending -- -- --
08/29/2018 08/29/18 For Sale $39,000 -- --
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
2024 $23 $277,800 $30,000 $247,800
2023 $2,345 $277,800 $30,000 $247,800
2022 $2,059 $236,700 $27,500 $209,200
2021 $2,059 $236,700 $27,500 $209,200
2020 $1,975 $22,000 $22,000 $0
2019 $204 $22,000 $22,000 $0
2018 $249 $27,500 $27,500 $0
2017 $249 $27,500 $27,500 $0
2016 $252 $27,500 $27,500 $0
2015 $242 $27,500 $27,500 $0
2014 $242 $27,500 $27,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 580897

Charlottesville area Association of Realtors®

APN: 18A 4 364