T
Seller's Agent in 2021
THE STRONG TEAM
STRONG TEAM, REALTORS
56 Edgewater Dr Palmyra, VA 22963
Estimated Value: $484,000 - $606,000
3
Beds
2.5
Baths
1,850
Sq Ft
$309/Sq Ft
Est. Value
Highlights
- Water Views
- Community Boat Launch
- Community Lake
- Beach
- Gated Community
- 4-minute walk to Lake Monticello Ashlawn Playground
About This Home
As of November 2021SHANGRI-la—This One-of-a-Kind Waterfront Home Is Truly Magical—Beautifully Surrounded By Lush Nature & Peacefully Positioned Above A Private Canal! A Home For The True Water Lover! Located Just 1-Blk From Clubhouse-Main Beach-Pool-Tennis-Playground ! Features of This Lovely Waterfront Home Include Slate Entrance Foyer, Hardwoods, White Brick W/B Fireplace w/Slate Hearth in LR, Open Eat-in Kitchen w/Cooktop-Wall Oven-Pantry w/Pull-outs, Kitchen Pass-Thru, Glass-surround Sunroom w/Walk-out to Deck & Sep. HVAC, & Spacious Owner’s Ste. In Addition, This Waterfront Offers Floored Attic-New Hunter Fans-Casement Windows, Unique Interior Access To Cemented Crawlspace, & Bulkheading. This Waterfront Is Definitely One You Will Remember By Its Beautifully Landscaped Yard Complete w/Foot Bridges Across A Private Water Canal Which Runs Under The Home - A Place To Truly Relax and Reflect! Custom-Built by Engineer/Builder - Built for Parents with Tons of Building Upgrades & Unique Lot Features!
Last Agent to Sell the Property
THE STRONG TEAM
STRONG TEAM, REALTORS License #0225059911 Listed on: 10/16/2021
Last Buyer's Agent
NONMLSAGENT NONMLSAGENT
NONMLSOFFICE
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,732
Year Built
- Built in 1988
Lot Details
- 0.31 Acre Lot
- Landscaped
- Property is zoned R-4 Residential
HOA Fees
- $92 Monthly HOA Fees
Home Design
- Pillar, Post or Pier Foundation
- Slab Foundation
Interior Spaces
- 1,850 Sq Ft Home
- 1-Story Property
- Central Vacuum
- Recessed Lighting
- Multiple Fireplaces
- Wood Burning Stove
- Wood Burning Fireplace
- Brick Fireplace
- Casement Windows
- Entrance Foyer
- Living Room with Fireplace
- Breakfast Room
- Dining Room
- Sun or Florida Room
- Water Views
- Crawl Space
- Fire and Smoke Detector
Kitchen
- Eat-In Kitchen
- Electric Cooktop
- Microwave
- Dishwasher
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Primary bathroom on main floor
Laundry
- Laundry Room
- Washer and Dryer Hookup
Parking
- 2 Car Attached Garage
- Front Facing Garage
- Automatic Garage Door Opener
Outdoor Features
- Pond
- Playground
Schools
- West Central Primary Elementary School
- Fluvanna Middle School
- Fluvanna High School
Utilities
- Heat Pump System
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number LOT 47
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, tennis, trash pickup, dock
- $850 HOA Transfer Fee
- Lake Monticello Subdivision
- Community Lake
Amenities
- Picnic Area
- Clubhouse
- Community Center
- Meeting Room
- Community Dining Room
Recreation
- Community Boat Launch
- Beach
- Tennis Courts
- Baseball Field
- Soccer Field
- Community Basketball Court
- Volleyball Courts
- Community Playground
- Community Pool
- Trails
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 16, 2021
Closed on
Nov 22, 2021
Sold by
Testamentary Trust
Bought by
Martin Newton D and Martin Vicky A
Seller's Agent
THE STRONG TEAM
STRONG TEAM, REALTORS
Buyer's Agent
NONMLSAGENT NONMLSAGENT
NONMLSOFFICE
List Price
$585,000
Sold Price
$505,000
Premium/Discount to List
-$80,000
-13.68%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,122
Avg. Annual Appreciation
3.25%
Original Mortgage
$487,665
Outstanding Balance
$447,232
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$123,890
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Martin Newton D | $505,000 | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Martin Newton D | $487,665 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/29/2021 11/29/21 | Sold | $505,000 | -9.5% | $273 / Sq Ft |
| 11/02/2021 11/02/21 | Pending | -- | -- | -- |
| 10/29/2021 10/29/21 | Price Changed | $558,000 | -4.6% | $302 / Sq Ft |
| 10/16/2021 10/16/21 | For Sale | $585,000 | -- | $316 / Sq Ft |
Source: Charlottesville area Association of Realtors®
Tax History Compared to Growth
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 | $3,524 | $469,800 | $145,000 | $324,800 |
| 2024 | $34 | $407,000 | $145,000 | $262,000 |
| 2023 | $3,435 | $407,000 | $145,000 | $262,000 |
| 2022 | $2,701 | $310,500 | $96,800 | $213,700 |
| 2021 | $2,701 | $310,500 | $96,800 | $213,700 |
| 2020 | $2,692 | $291,000 | $96,800 | $194,200 |
| 2019 | $2,692 | $291,000 | $96,800 | $194,200 |
| 2018 | $2,577 | $284,100 | $96,800 | $187,300 |
| 2017 | $2,577 | $284,100 | $96,800 | $187,300 |
| 2016 | $2,156 | $235,100 | $78,800 | $156,300 |
| 2015 | $2,038 | $235,100 | $78,800 | $156,300 |
| 2014 | $2,038 | $231,600 | $78,800 | $152,800 |
Source: Public Records
Agents Affiliated with this Home
-
-
N
Buyer's Agent in 2021
NONMLSAGENT NONMLSAGENT
NONMLSOFFICE
Map
Source: Charlottesville area Association of Realtors®
MLS Number: 623310
APN: 18A-1-47
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