NOT LISTED FOR SALE

545 Broken Island Rd Palmyra, VA 22963

Estimated Value: $539,000 - $692,000

4 Beds
3.5 Baths
2,756 Sq Ft
$223/Sq Ft Est. Value

Last Sold April 21, 2023

Last sale price $560,000 $203 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,720/month

45 Days on Market

Highlights

  • Living Room with Fireplace
  • Sun or Florida Room
  • 2 Car Detached Garage
  • Main Floor Primary Bedroom
  • Breakfast Room
  • Community Playground

About This Home

As of April 2023

Custom built home in Broken Island! Come and enjoy the tranquility while over looking the stocked pond on the large southern style front porch. Top Quality! 4 BR, 3.5 Baths on 10 private acres. Vaulted ceilings featuring floor to ceiling fireplace. First floor main bedroom, with 2 additional ensuites on the top level. Full unfinished basement with workshop. Large sunroom to enjoy peace and quite while watching nature. Newer roof and HVAC.

Last Agent to Sell the Property

PEGGY SHANKLIN

LONG & FOSTER - LAKE MONTICELLO License #0225247109 Listed on: 02/09/2023

Last Buyer's Agent

Sharon Merrick

HOWARD HANNA ROY WHEELER REALTY CO.- CHARLOTTESVILLE License #0225064551

HOWARD HANNA ROY WHEELER REALTY CO.- CHARLOTTESVILLE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,407

Year Built

  • Built in 1996

Lot Details

  • 10

HOA Fees

  • $8 Monthly HOA Fees

Home Design

  • Poured Concrete

Interior Spaces

  • 2-Story Property
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Sun or Florida Room
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • Primary bathroom on main floor

Unfinished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Detached Garage
  • Side Facing Garage
  • Automatic Garage Door Opener

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Well
  • Septic Tank
  • High Speed Internet
  • Satellite Dish

Additional Features

  • Playground
  • 10 Acre Lot

Community Details

Overview

  • Built by MIKE HIMES
  • Broken Island Subdivision

Amenities

  • Picnic Area

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,407

Year Built

Built in 1996

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 2756
  • Below Grade Total Sq Ft: 1763
  • L V T Date: 02/16/2023
  • Price Per Sq Ft: 203.19
  • Property Included: All window treatments, washer and dryer, refrigerator, dishwasher, oven, stove top, and microwave
  • Show Bldr Nameto Public: Yes
  • Total Sq Ft: 5143
  • Total Unfinished Sq Ft: 2387
  • Type of Construction: On Site Built
  • Zoning: R Residential
  • Subdivision: BROKEN ISLAND
  • Comments: Yes
  • Concatenated Rooms1: |Laundry1|Kitchen1|Dining Roo1|Breakfast1|Half Bath1|Living Roo1|Bedroom1|Master Bed1|Master BTH1|Sun Room1|Bedroom2|Bedroom2|Full Bath2|Full Bath2|OtherB|
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Unfinished Below Grade Sq Ft: 1763
  • Fireplace: Gas, Gas Logs, Stone
  • Basement Type: Full, Heated, Inside Access, Outside Entrance, Unfinished, Walk Out
  • Room 1: Laundry,On Level: 1
  • Room 2: Kitchen,On Level: 1
  • Room 3: Dining Room,On Level: 1
  • Room 4: Breakfast Room,On Level: 1
  • Room 5: Half Bath,On Level: 1
  • Room 6: Living Room,On Level: 1
  • Room 7: Bedroom,On Level: 1
  • Room 8: Master Bedroom,On Level: 1
  • Room 9: Master Bath,On Level: 1
  • Room 10: Sun Room,On Level: 1
  • Room 11: Bedroom,On Level: 2
  • Room 12: Bedroom,On Level: 2
  • Room 13: Full Bath,On Level: 2
  • Room 14: Full Bath,On Level: 2
  • Room 15: Other,On Level: Basement
  • Total Finished Sq Ft: 2756
  • Above Grade Finished Sq Ft: 2756
  • Basement: Yes
  • Fireplace Location: Living Room
  • Foundation: Poured Concrete
  • Level: 2 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 3.5
  • Number of Main Level Bathrooms: 1.5
  • Number Beds: 4
  • Number Beds Main Level: 2
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Room Types: Bedroom, Breakfast Room, Dining Room, Full Bath, Half Bath, Kitchen, Laundry, Living Room, Master Bedroom, Sun Room
  • Room Types Level1: Bedroom (L1), Breakfast Room (L1), Dining Room (L1), Half Bath (L1), Kitchen (L1), Laundry (L1), Living Room (L1), Master Bedroom (L1), Sun Room (L1)
  • Room Types Level2: Bedroom (L2+), Full Bath (L2+)
  • Source of Sq Ft: Public Records

Exterior Features

  • Homebuilder: MIKE HIMES
  • Number Of Acres: 10

Garage/Parking

  • Garage: Yes
  • Unfinished Above Grade Garage: 624
  • Garage Features: Auto Door, Detached, Electricity, Faces Side
  • Number of Car Spaces: 2
  • Total Above Grade Garage: 624

Utilities

  • Cooling: Central AC, Heat Pump
  • Heating: Central Heat, Electric
  • Cable Available: Dish/Satellite, DSL
  • Sewer/Septic System: Septic Tank
  • Water: Individual Well

Condo/Co-op/Association

  • HOA/COA Amenities: Picnic Area, Play Area
  • Association Fee: HOA
  • Association Frequency: Annual
  • Association Fee: 100

Schools

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

Building Info

  • Year Built: 1996

Tax Info

  • Year: 2022
  • Taxes: 5407

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2023
Closed on
Apr 13, 2023
Sold by
Chronister Shirley K
Bought by
Bridenhagen Sarah Frances and Belew Mark A
Seller's Agent
PEGGY SHANKLIN
LONG & FOSTER - LAKE MONTICELLO
Buyer's Agent
Sharon Merrick
HOWARD HANNA ROY WHEELER REALTY CO.- CHARLOTTESVILLE
List Price
$589,900
Sold Price
$560,000
Premium/Discount to List
-$29,900
-5.07%
Views
30
Current Estimated Value
$615,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,725
Avg. Annual Appreciation
4.74%
Original Mortgage
$504,000
Outstanding Balance
$491,843
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$131,738
Source: Public Records

Range of Values:

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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
Bridenhagen Sarah Frances $560,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bridenhagen Sarah Frances $504,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2023 04/21/23 Sold $560,000 0.0% $203 / Sq Ft
03/26/2023 03/26/23 Pending -- -- --
03/23/2023 03/23/23 Price Changed $560,000 -5.1% $203 / Sq Ft
03/13/2023 03/13/23 For Sale $589,900 0.0% $214 / Sq Ft
02/28/2023 02/28/23 Pending -- -- --
02/18/2023 02/18/23 For Sale $589,900 0.0% $214 / Sq Ft
02/17/2023 02/17/23 Pending -- -- --
02/09/2023 02/09/23 For Sale $589,900 -- $214 / 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 $4,282 $570,900 $86,000 $484,900
2024 $5,245 $621,500 $86,000 $535,500
2023 $5,245 $621,500 $86,000 $535,500
2022 $4,611 $530,000 $81,000 $449,000
2021 $4,611 $530,000 $81,000 $449,000
2020 $4,497 $486,200 $81,000 $405,200
2019 $4,497 $486,200 $81,000 $405,200
2018 $4,037 $445,100 $81,000 $364,100
2017 $4,037 $445,100 $81,000 $364,100
2016 $3,850 $419,900 $81,000 $338,900
2015 $3,623 $419,900 $81,000 $338,900
2014 $3,623 $411,700 $81,000 $330,700
Source: Public Records

Agents Affiliated with this Home

  • PEGGY SHANKLIN

    Seller's Agent in 2023

    PEGGY SHANKLIN

    LONG & FOSTER - LAKE MONTICELLO

    (434) 962-2762

    99 Total Sales

    Section Image
  • Sharon Merrick

    Buyer's Agent in 2023

    Sharon Merrick

    HOWARD HANNA ROY WHEELER REALTY CO.- CHARLOTTESVILLE

    (540) 406-7373

    34 Total Sales

    Section Image
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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 638416

Charlottesville area Association of Realtors®

APN: 18-5-3

Virginia Fluvanna County Palmyra 22963

545 Broken Island Rd, Palmyra, VA

This home is located at 545 Broken Island Rd, Palmyra, VA 22963 since 09 February 2023 and is currently estimated at $615,725, approximately $223 per square foot. This property was built in 1996. 545 Broken Island Rd is a home located in Fluvanna County with nearby schools including Central Elementary School, West Central Primary School, and Carysbrook Elementary School.

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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