NOT LISTED FOR SALE

6 Colonial Rd Palmyra, VA 22963

Estimated Value: $454,000 - $494,000

4 Beds
3 Baths
2,270 Sq Ft
$206/Sq Ft Est. Value

Last Sold December 01, 2022

Last sale price $412,000 $181 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,787/month

22 Days on Market

Highlights

  • Beach
  • Gated Community
  • Community Lake
  • Community Boat Launch
  • 0.85 Acre Lot
  • Clubhouse

About This Home

As of December 2022

Incredibly stunning home with 4 bedrooms, 3 baths and beautiful, quality finishes throughout. This one of a kind home is one you will not want to miss! First floor features: gourmet kitchen with granite counters & hickory cabinetry and breakfast room with access to side deck, oversized family room with vaulted ceilings, 2 gas fireplaces and wall to wall windows/doors overlooking large back deck and beautiful park-like, partially fenced, private back yard. Main level bedroom/den/office, full bath and 1st floor laundry complete the main level. Upstairs 2 additional bedrooms and full bath plus Master suite with vaulted ceilings and private deck access. Master bath features vessel sink, tiled shower and tile floors. Unfinished basement for future expansion or extra storage. Other recent updates include: new roof/skylights- 2022; new gas fireplace, energy efficient induction range and updated master bath- 2021; new HVAC & granite counters- 2020 All of this on a .845 acre lot! This home will not last long!

Last Agent to Sell the Property

Jen Sample

LONG & FOSTER - LAKE MONTICELLO License #0225098306 Listed on: 09/29/2022

LONG & FOSTER - LAKE MONTICELLO

Last Buyer's Agent

Diane Miller

LONG & FOSTER - LAKE MONTICELLO License #0225102265

LONG & FOSTER - LAKE MONTICELLO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,313

Year Built

  • Built in 1975

Lot Details

  • 0.85 Acre Lot
  • Partially Fenced Property
  • Mature Landscaping
  • Property is zoned R-4 Residential

HOA Fees

  • $97 Monthly HOA Fees

Home Design

  • Concrete Block With Brick
  • Cedar Siding

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Skylights
  • Recessed Lighting
  • Multiple Fireplaces
  • Gas Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Induction Cooktop
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Outdoor Features

  • Deck
  • Storage Shed
  • Playground

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Fiber Optics Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 18A 3 201

Community Details

Overview

  • Association fees include area maint, beach, master ins. policy, play area, prof. mgmt., reserve fund, road maint, security force, trash pickup
  • $855 HOA Transfer Fee
  • Lake Monticello Subdivision
  • Community Lake

Amenities

  • Picnic Area
  • Clubhouse
  • Meeting Room
  • Community Dining Room

Recreation

  • Community Boat Launch
  • Beach
  • Tennis Courts
  • Baseball Field
  • Soccer Field
  • Community Basketball Court
  • Community Playground
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,313

Year Built

Built in 1975

Lot Details

0

HOA Fees

$97 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 2270
  • Below Grade Total Sq Ft: 698
  • Electricity: Elec Underground
  • L V T Date: 10/07/2022
  • Parcel Number: 18A 3 201
  • Price Per Sq Ft: 181.5
  • Property Excluded: Microwave
  • Property Included: Washer, Dryer, Refrigerator, Dishwasher, Range
  • Total Sq Ft: 2968
  • Total Unfinished Sq Ft: 698
  • Type of Construction: On Site Built
  • Zoning: R-4 Residential
  • Subdivision: LAKE MONTICELLO
  • Comments: Yes
  • Concatenated Rooms1: |Foyer1|Family Roo1|Kitchen1|Breakfast1|Master Bed2|Master BTH2|Bedroom2|Bedroom2|Full Bath2|
  • Current Animal Use: Domestic Pets
  • Structures Deck Porch: Deck
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Unfinished Below Grade Sq Ft: 698
  • Fireplace: Gas, Two
  • Laundry: Dryer, Dryer Hookup, Washer, Washer Hookup
  • Basement Type: Full, Inside Access, Outside Entrance, Unfinished
  • Room 1: Foyer,On Level: 1
  • Room 2: Family Room,On Level: 1
  • Room 3: Kitchen,On Level: 1
  • Room 4: Breakfast Room,On Level: 1
  • Room 5: Master Bedroom,On Level: 2
  • Room 6: Master Bath,On Level: 2
  • Room 7: Bedroom,On Level: 2
  • Room 8: Bedroom,On Level: 2
  • Room 9: Full Bath,On Level: 2
  • Total Finished Sq Ft: 2270
  • Above Grade Finished Sq Ft: 2270
  • Basement: Yes
  • Bathroom: Attach Mstr Bath
  • Fireplace Location: Family Room
  • Foundation: Concrete Block
  • Kitchen Appliances Feat: Breakfast Bar, Dishwasher, Disposal, Eat-in, Induction Range, Recessed Light, Refrigerator
  • Kitchen Cabinets Counters: Granite, Hickory Cabinets
  • Land Description: Nearly Level
  • Level: 2 Story
  • Bathrooms: 3
  • Number Beds: 4
  • Full Bathrooms: 3
  • Room Types: Bedroom, Breakfast Room, Family Room, Foyer, Full Bath, Kitchen, Master Bedroom
  • Room Types Level1: Bedroom (L1), Breakfast Room (L1), Family Room (L1), Foyer (L1), Full Bath (L1), Kitchen (L1), Laundry (L1)
  • Room Types Level2: Bedroom (L2+), Full Bath (L2+), Master Bedroom (L2+), Master Bath (L2+)
  • Source of Sq Ft: Public Records

Exterior Features

  • Exterior: Cedar
  • Number Of Acres: 0.85
  • Structure Features: Skylights, Walk-in Closet
  • Structure Floors: Hardwood
  • Structure Security: Gated Community, Smoke Detector(s)
  • Structure Window Ceiling: Vaulted/Cathedral Ceiling
  • View: Residential View, Wooded View
  • Yard: Fenced, Mature, Nearly Level

Utilities

  • Cooling: Central AC, Heat Pump
  • Heating: Heat Pump
  • Cable Available: Cable, Fiber-Optic
  • Gas: Liquid Propane
  • Sewer/Septic System: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • HOA/COA Amenities: Baseball Field, Basketball Court, Beach, Boat Launch, Clubhouse, Dining Rooms, Lake, Meeting Room, Picnic Area, Play Area, Pool, Soccer Field, Tennis
  • Association Setup Transfer Fee Type: $
  • Association Setup Transfer Fees: 855
  • Association Fee: HOA
  • Association Frequency: Annual
  • Association Includes: Area Maint, Beach, Master Ins. Policy, Play Area, Prof. Mgmt., Reserve Fund, Road Maint, Security Force, Trash Pickup
  • Association Fee: 1164

Schools

  • Other School: Carysbrook, FUMA

Lot Info

  • Lot Features: Fenced Part, Private Gated Community, Storage Shed

Building Info

  • Year Built: 1975

Tax Info

  • Year: 2021
  • Taxes: 2313.43

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2022
Closed on
Nov 14, 2022
Sold by
Banner Laurence D and Banner Kathy A
Bought by
Howar Salmi and Howar Martha A
Seller's Agent
Jen Sample
LONG & FOSTER - LAKE MONTICELLO
Buyer's Agent
Diane Miller
LONG & FOSTER - LAKE MONTICELLO
List Price
$419,000
Sold Price
$412,000
Premium/Discount to List
-$7,000
-1.67%
Views
6
Current Estimated Value
$467,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,817
Avg. Annual Appreciation
4.23%
Original Mortgage
$144,200
Outstanding Balance
$139,728
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$328,089

Purchase Details

Closed on
Aug 11, 2017
Sold by
Vanhook Patricia and Ciucias Jeffrey
Bought by
Banner Laurence D and Banner Kathy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,200
Interest Rate
3.96%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Howar Salmi $412,000 Sage Title
Banner Laurence D $249,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Howar Salmi $144,200
Previous Owner Banner Laurence D $199,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2022 12/01/22 Sold $412,000 -1.7% $181 / Sq Ft
10/21/2022 10/21/22 Pending -- -- --
09/29/2022 09/29/22 For Sale $419,000 -- $185 / 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 $2,873 $383,100 $33,000 $350,100
2024 $26 $309,800 $33,000 $276,800
2023 $2,615 $309,800 $33,000 $276,800
2022 $2,277 $261,700 $30,000 $231,700
2021 $2,277 $261,700 $30,000 $231,700
2020 $2,227 $240,800 $30,000 $210,800
2019 $2,227 $240,800 $30,000 $210,800
2018 $1,805 $199,000 $30,000 $169,000
2017 $1,805 $199,000 $30,000 $169,000
2016 $1,783 $194,400 $30,000 $164,400
2015 $1,663 $194,400 $30,000 $164,400
2014 $1,663 $189,000 $30,000 $159,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 635246

Charlottesville area Association of Realtors®

APN: 18A-3-201