NOT LISTED FOR SALE

59 Hardwood Rd Palmyra, VA 22963

Estimated Value: $880,000 - $1,112,000

5 Beds
3.5 Baths
3,717 Sq Ft
$262/Sq Ft Est. Value

Last Sold March 12, 2020

Last sale price $669,000 $180 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $5,797/month

390 Days on Market

Highlights

  • Second Kitchen
  • Waterfront
  • Pond
  • Gated Community
  • Deck
  • Family Room with Fireplace

About This Home

As of March 2020

Gorgeous waterfront home, level living w/ finished terrace level, beautiful views of cove & main body of Lake Monticello. Quality built in 2002, 3700 sq ft w/ 5 bedrooms, 3.5 baths, 2 kitchens, oversized 2 car garage. Gentle slope to waterfront, trex dock on private .63 AC. Grand 2 story entrance w/ Italian floor tile offers immediate views of the lake. An open concept home has living room w/vaulted ceiling, hardwoods, fireplace & deck access. Spacious main floor kitchen w/maple cabinets, stainless steel appliances, granite countertops, opens to sunroom eat-in area. Master bedroom with 2 large closets, and bath w/heated spa tub & steam shower. Walkout terrace level, has 2nd full kitchen & bath, for possible in-law area. Must see!

Last Agent to Sell the Property

CHERYL SPRANGEL

REAL ESTATE III, INC. License #0225097311 Listed on: 01/15/2019

Last Buyer's Agent

Vicki Wilson

MONTICELLO COUNTRY REAL ESTATE, INC. License #0225050937

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,504

Year Built

  • Built in 2002

Lot Details

  • 0.63 Acre Lot
  • Waterfront
  • Elevated Lot
  • Landscaped
  • Partially Wooded Lot
  • Garden
  • Property is zoned R-4 Residential

HOA Fees

  • $89 Monthly HOA Fees

Home Design

  • Slab Foundation

Interior Spaces

  • 1-Story Property
  • Living Quarters
  • Tray Ceiling
  • Vaulted Ceiling
  • Skylights
  • Recessed Lighting
  • Multiple Fireplaces
  • Circulating Fireplace
  • Fireplace With Glass Doors
  • Gas Log Fireplace
  • Low Emissivity Windows
  • Insulated Windows
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Home Office
  • Sun or Florida Room
  • Screened Porch
  • Utility Room
  • Home Gym
  • Water Views

Kitchen

  • Second Kitchen
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Glass Frame Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • Walk-In Closet
  • Primary bathroom on main floor
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Apartment Living Space in Basement
  • Basement Windows

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Pond
  • Deck

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number Tax Map# 18A 3 442- acct 5431

Community Details

Overview

  • Association fees include area maint, beach, boat launch, club house, master ins. policy, play area, prof. mgmt., road maint, security force, snow removal, tennis, trash pickup
  • $650 HOA Transfer Fee
  • Lake Monticello Subdivision

Recreation

  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,504

Year Built

Built in 2002

Lot Details

0

HOA Fees

$89 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 2809
  • Above Grade Unfinished Sq Ft: 350
  • Accessibility Features: Doorways min 36", Hallways 42" wide
  • Below Grade Total Sq Ft: 1500
  • Design: Contemporary
  • L V T Date: 01/15/2019
  • Nameof Property: PERFECT LAKEHOUSE
  • Parcel Number: Tax Map# 18A 3 442- acct 5431
  • Price Per Sq Ft: 179.98
  • Property Included: Main level refrigerator, electric range, microwave, dishwasher & GE washer & dryer. Terrace level refrigerator, electric cooktop, microvave, rotisserie oven.
  • Total Sq Ft: 4897
  • Total Unfinished Sq Ft: 1180
  • Type of Construction: On Site Built
  • Zoning: R-4 Residential
  • Subdivision: LAKE MONTICELLO
  • Comments: Yes
  • Concatenated Rooms1: |Foyer1|Dining Roo1|Living Roo1|Kitchen1|Breakfast1|Master Bed1|Master BTH1|Sun Room1|Laundry1|Bedroom1|Full Bath1|Bedroom1|Half Bath1|KitchenB|BedroomB|Full BathB|BedroomB|Home OfficB|
  • Structures Deck Porch: Courtyard, Deck, Patio - Covered, Porch - Front, Porch - Glassed, Porch - Screened
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Unfinished Below Grade Sq Ft: 242
  • Fireplace: Circulator, Gas, Gas Logs, Glassed-in, Stone, Two
  • Laundry: Dryer, Large Sink, Washer
  • Basement Type: Finished, Full, Heated, Inside Access, Outside Entrance, Unfinished, Walk Out, Windows
  • Room 1: Foyer,15.3X13.6,On Level: 1
  • Room 2: Dining Room,14X17.7,On Level: 1
  • Room 3: Living Room,18.2X15.25,On Level: 1
  • Room 4: Kitchen,15.45X15.2,On Level: 1
  • Room 5: Breakfast Room,12X13.3,On Level: 1
  • Room 6: Master Bedroom,13.6xX15.3,On Level: 1
  • Room 7: Master Bath,10.65X16.5,On Level: 1
  • Room 8: Sun Room,12x12,On Level: 1
  • Room 9: Laundry,13.70X14.0,On Level: 1
  • Room 10: Bedroom,11.25X15.2,On Level: 1
  • Room 11: Full Bath,On Level: 1
  • Room 12: Bedroom,11.3X13,On Level: 1
  • Room 13: Half Bath,On Level: 1
  • Room 14: Kitchen,13.32x9.18,On Level: Basement
  • Room 15: Bedroom,12.5x11,On Level: Basement
  • Room 16: Full Bath,11.5x10.17,On Level: Basement
  • Room 17: Bedroom,11x15,On Level: Basement
  • Total Finished Sq Ft: 3717
  • Above Grade Finished Sq Ft: 2459
  • Basement: Yes
  • Below Grade Finished Sq Ft: 1258
  • Fireplace Location: Family Room, Living Room
  • Foundation: Concrete Slab
  • Kitchen Appliances Feat: Dishwasher, Disposal, Gas Range, Island, Microwave, Recessed Light, Refrigerator
  • Kitchen Cabinets Counters: Glass Front Cabinets, Granite, Maple Cabinets
  • Land Description: Elevated, Garden Spot, Landscaped, Nearly Level, Partly Wooded, Water Front
  • Level: 1 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 3.5
  • Below Grade Bathrooms: 1
  • Number of Main Level Bathrooms: 2.5
  • Number Beds: 5
  • Number Beds Below Grade: 2
  • Number Beds Main Level: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Room 18: Home Office,10.6x9,On Level: Basement
  • Room Types: Basement Apt., Bedroom, Breakfast Room, Dining Room, Exercise Room, Family Room, Foyer, Full Bath, Half Bath, Home Office, Kitchen, Laundry, Living Room, Master Bedroom, Mud Room, Sauna, Sun Room, Utility Room, Master Bath
  • Room Types Level1: Bedroom (L1), Breakfast Room (L1), Dining Room (L1), Foyer (L1), Full Bath (L1), Half Bath (L1), Kitchen (L1), Laundry (L1), Living Room (L1), Master Bedroom (L1), Sun Room (L1)
  • Room Types Level B: Bedroom (LB), Full Bath (LB), Home Office (LB), Kitchen (LB)
  • Source of Sq Ft: Public Records

Exterior Features

  • Number Of Acres: 0.63
  • Pool: Community
  • Roof: Architectural Style
  • Structure Features: Separate Living Quarters, Skylights, Two Kitchens, Whirlpool/Jetted Tub, Walk-in Closet
  • Structure Floors: Carpet, Ceramic Tile, Hardwood, Stone
  • Structure Security: Gated Community
  • Structure Window Ceiling: 10' Ceilings, Insulated Windows, Low-E Windows, Screens, Tray Ceiling, Vaulted/Cathedral Ceiling
  • View: Water View
  • Water Property: Pond / Lake

Garage/Parking

  • Garage: Yes
  • Unfinished Above Grade Garage: 588
  • Garage Features: Attached, Auto Door, Electricity, Faces Front, Large Vehicle, Windows
  • Number of Car Spaces: 2
  • Total Above Grade Garage: 588

Utilities

  • Cooling: Central AC, Heat Pump
  • Heating: Heat Pump
  • Cable Available: Cable
  • Sewer/Septic System: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • Association Setup Transfer Fee Type: $
  • Association Setup Transfer Fees: 650
  • Association Fee: HOA
  • Association Frequency: Monthly
  • Association Includes: Area Maint, Beach, Boat Launch, Club House, Master Ins. Policy, Play Area, Prof. Mgmt., Road Maint, Security Force, Snow Removal, Tennis, Trash Pickup
  • Association Fee: 89

Schools

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

Lot Info

  • Lot Features: Garden Space, Private Gated Community
  • Deed Book: 190
  • Deed Book Page: 433

Building Info

  • Year Built: 2002

Tax Info

  • Year: 2018
  • Taxes: 4504

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2019
Closed on
Feb 25, 2020
Sold by
Perfect Allen W and Perfect Geraldine
Bought by
Raum James S and Raum Conor Letitia
Seller's Agent
CHERYL SPRANGEL
REAL ESTATE III, INC.
Buyer's Agent
Vicki Wilson
MONTICELLO COUNTRY REAL ESTATE, INC.
List Price
$765,000
Sold Price
$669,000
Premium/Discount to List
-$96,000
-12.55%
Current Estimated Value
$975,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,520
Avg. Annual Appreciation
3.92%
Source: Public Records

Range of Values:

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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
Raum James S $669,000 Chicago Title Insurance Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2020 03/12/20 Sold $669,000 -3.7% $180 / Sq Ft
02/09/2020 02/09/20 Pending -- -- --
09/06/2019 09/06/19 Price Changed $695,000 -7.2% $187 / Sq Ft
06/03/2019 06/03/19 Price Changed $749,000 -2.1% $202 / Sq Ft
01/15/2019 01/15/19 For Sale $765,000 -- $206 / 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 $6,681 $890,800 $170,000 $720,800
2024 $59 $704,300 $170,000 $534,300
2023 $5,944 $704,300 $170,000 $534,300
2022 $5,535 $636,200 $170,000 $466,200
2021 $5,535 $636,200 $170,000 $466,200
2020 $4,546 $491,500 $170,000 $321,500
2019 $4,546 $491,500 $170,000 $321,500
2018 $4,351 $479,700 $170,000 $309,700
2017 $4,351 $479,700 $170,000 $309,700
2016 $4,143 $451,800 $150,000 $301,800
2015 $3,927 $451,800 $150,000 $301,800
2014 $3,927 $446,200 $150,000 $296,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 584834

Charlottesville area Association of Realtors®

APN: 18A 3 442