NOT LISTED FOR SALE

5 Windy Way Palmyra, VA 22963

Estimated Value: $251,000 - $310,000

3 Beds
2 Baths
1,206 Sq Ft
$231/Sq Ft Est. Value

Last Sold October 14, 2020

Last sale price $175,500 $146 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,646/month

5 Days on Market

Highlights

  • 24-Hour Security
  • Gated Community
  • Eat-In Kitchen
  • Outdoor Pool
  • Wood Flooring
  • Concrete Block With Brick

About This Home

As of October 2020

Welcome to Lake Monticello! This lovingly maintained, turnkey, 3 bedroom, 2 full baths rambler is located in the gated country club lake and golf community known as Lake Monticello. There is a front porch with a babbling stream located in the front of the property and an additional deck on the back. The property location is close to shopping centers and medical facilities. Lake Monticello is a good place to raise a family and kid focused offerings make it a place where kids and grandkids want to come and play. The community features over 3500 acres accentuated by a beautiful 352 acre recreational lake, 5 beaches, jog/walk trails, and so much more! Close to I-64, Charlottesville, and Richmond. Comcast works great in this area.

Last Agent to Sell the Property

Terry Cheatle

CENTURY 21 NEW MILLENNIUM-CULPEPER License #0225032067 Listed on: 08/23/2020

CENTURY 21 NEW MILLENNIUM-CULPEPER

Last Buyer's Agent

Doug McGowan

RE/MAX REALTY SPECIALISTS-CHARLOTTESVILLE License #0225067932

RE/MAX REALTY SPECIALISTS-CHARLOTTESVILLE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15

Year Built

  • 2012

Lot Details

  • 0.34 Acre Lot
  • Gentle Sloping Lot
  • Property is zoned R-4 Residential

HOA Fees

  • $97 Monthly HOA Fees

Home Design

  • Concrete Block With Brick
  • Composition Shingle Roof

Interior Spaces

  • 1,206 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Utility Room
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Primary bathroom on main floor

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Outdoor Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 1

Community Details

Overview

  • $145 HOA Transfer Fee

Recreation

  • Community Pool

Security

  • 24-Hour Security
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$15

Year Built

2012

Lot Details

0

HOA Fees

$97 per month

Listing Details

  • Class: Residential
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 1206
  • L V T Date: 08/24/2020
  • Nameof Property: 5 Windy Way Palmyra, VA. 22963
  • Parcel Number: 1
  • Price Per Sq Ft: 145.52
  • Total Sq Ft: 1206
  • Type of Construction: On Site Built
  • Zoning: R-4 Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2012

Interior Features

  • Laundry: Dryer, Washer
  • Room 1: Kitchen, On Level: 1
  • Room 2: Family Room, On Level: 1
  • Room 3: Bedroom, On Level: 1
  • Room 4: Bedroom, On Level: 1
  • Room 5: Master Bedroom, On Level: 1
  • Room 6: Master Bath, On Level: 1
  • Room 7: Laundry, On Level: 1
  • Room 8: Full Bath, On Level: 1
  • Room 9: Utility Room, On Level: 1
  • Room 10: Combination Room, On Level: 1
  • Total Finished Sq Ft: 1206
  • Above Grade Finished Sq Ft: 1206
  • Foundation: Concrete Block
  • Kitchen Appliances Feat: Dishwasher, Eat-In, Electric Range, Microwave, Refrigerator
  • Land Description: Gently Rolling
  • Level: 1 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 2
  • Number of Main Level Bathrooms: 2
  • Number Beds: 3
  • Number Beds Main Level: 3
  • Full Bathrooms: 2
  • Room Types: Bedroom, Combination Room, Family Room, Full Bath, Kitchen, Laundry, Master Bathroom, Master Bedroom, Utility Room
  • Room Types Level1: Bedroom (L1), Combination Room (L1), Family Room (L1), Full Bath (L1), Kitchen (L1), Laundry (L1), Master Bedroom (L1), Utility Room (L1)
  • Source of Sq Ft: Public Records

Exterior Features

  • Number Of Acres: 0.34
  • Pool: Yes
  • Pool: Community
  • Roof: Composition Shingle
  • Structure Deck Porch: Deck, Porch - Front
  • Structure Floors: Carpet, Laminate, Wood
  • Structure Security: 24-Hr Security, Gated Community, Smoke Detector(s)
  • View: Residential View

Utilities

  • Cooling: Central Ac
  • Heating: Central Heat
  • Sewer/Septic System: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • Association Setup Transfer Fee Type: $
  • Association Setup Transfer Fees: 145
  • Association Contact: Lake Monticello Owners Association
  • Association Fee: Hoa
  • Association Frequency: Monthly
  • Association Fee: 97

Schools

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

Lot Info

  • Lot Features: Private Gated Community, Public Road

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2020
Closed on
Oct 14, 2020
Sold by
Burroughs Samantha M
Bought by
Walker Kayden Louis Lee
Seller's Agent
Terry Cheatle
CENTURY 21 NEW MILLENNIUM-CULPEPER
Buyer's Agent
Doug McGowan
RE/MAX REALTY SPECIALISTS-CHARLOTTESVILLE
List Price
$169,800
Sold Price
$175,500
Premium/Discount to List
$5,700
3.36%
Total Days on Market
5
Current Estimated Value
$278,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,357
Avg. Annual Appreciation
9.28%
Original Mortgage
$172,320
Outstanding Balance
$154,991
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$111,365

Purchase Details

Listed on
Mar 27, 2019
Closed on
Apr 18, 2019
Sold by
Mcclain Jill M
Bought by
Burroughs Samantha A
Seller's Agent
Sasha Tripp
STORY HOUSE REAL ESTATE
Buyer's Agent
Default Agent
Default Office
List Price
$150,000
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.35%
Original Mortgage
$5,000
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2016
Sold by
St2 Llc
Bought by
Mcclain Jill M

Purchase Details

Closed on
Jul 19, 2016
Sold by
Tft Land Trust and Agin C Lynn
Bought by
St2 Llc

Purchase Details

Closed on
Feb 25, 2008
Sold by
Co Swift Run Inc
Bought by
Spence James B and Griffin Yvonne T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Walker Kayden Louis Lee $175,500 Chicago Title
Burroughs Samantha A $150,000 First American Title
Mcclain Jill M $130,000 Chicago Title
St2 Llc $50,000 Chicago Title
Spence James B $74,400 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walker Kayden Louis Lee $172,320
Previous Owner Burroughs Samantha A $5,000
Previous Owner Spence James B $150,000
Previous Owner Spence James B $20,000
Previous Owner Swift Run Inc $212,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2020 10/14/20 Sold $175,500 +3.4% $146 / Sq Ft
08/28/2020 08/28/20 Pending -- -- --
08/23/2020 08/23/20 For Sale $169,800 +13.2% $141 / Sq Ft
05/01/2019 05/01/19 Sold $150,000 0.0% $124 / Sq Ft
04/02/2019 04/02/19 Pending -- -- --
03/27/2019 03/27/19 For Sale $150,000 -- $124 / 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
2024 $15 $177,900 $30,000 $147,900
2023 $1,501 $177,900 $30,000 $147,900
2022 $1,311 $150,700 $27,500 $123,200
2021 $1,311 $150,700 $27,500 $123,200
2020 $1,310 $141,600 $27,500 $114,100
2019 $1,310 $141,600 $27,500 $114,100
2018 $1,228 $135,400 $27,500 $107,900
2017 $1,228 $135,400 $27,500 $107,900
2016 $1,291 $140,800 $27,500 $113,300
2015 $1,204 $140,800 $27,500 $113,300
2014 $1,204 $136,800 $27,500 $109,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 607636

Charlottesville area Association of Realtors®

APN: 18A 11 121