NOT LISTED FOR SALE

7 Bolling Cir Palmyra, VA 22963

Estimated Value: $889,000 - $1,018,000

4 Beds
4 Baths
4,801 Sq Ft
$197/Sq Ft Est. Value

Last Sold June 14, 2021

Last sale price $700,000 $146 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $5,601/month

86 Days on Market

Highlights

  • Water Views
  • Community Boat Launch
  • 24-Hour Security
  • Beach
  • Bar or Lounge
  • Gated Community

About This Home

As of June 2021

Price REDUCED! Phenomenal waterfront. 4 bedrooms, 4 full baths, 4800 finished square feet, with numerous living/gathering spaces, wine cellar, two home offices, elevator, workshop, gourmet kitchen with granite counters, stainless appliances, screened porch, and large two car garage! If you are looking for a large, move-in ready waterfront home, do not miss this one! This home also comes with a home warranty for peace of mind

Last Agent to Sell the Property

JAY HURDLE

RE/MAX REALTY SPECIALISTS-CHARLOTTESVILLE License #0225058163 Listed on: 02/12/2021

RE/MAX REALTY SPECIALISTS-CHARLOTTESVILLE

Last Buyer's Agent

Andrea Hubbell

CORE REAL ESTATE PARTNERS LLC License #0225224491

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,113

Year Built

  • 2007

Lot Details

  • 0.3 Acre Lot
  • Mature Landscaping
  • Property is zoned R-4 Residential

HOA Fees

  • $94 Monthly HOA Fees

Home Design

  • Concrete Block With Brick

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Multiple Fireplaces
  • Gas Log Fireplace
  • Low Emissivity Windows
  • Insulated Windows
  • Double Hung Windows
  • Entrance Foyer
  • Great Room with Fireplace
  • Family Room
  • Dining Room
  • Home Office
  • Loft
  • Water Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Glass Frame Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 4 Full Bathrooms
  • Primary bathroom on main floor
  • Double Vanity

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Windows

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Accessible Home Design

  • Exterior Wheelchair Lift

Outdoor Features

  • Pond
  • Playground

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 116

Community Details

Overview

  • Association fees include area maint, beach, boat launch, master ins. policy, play area, prof. mgmt., reserve fund, road maint, security force, snow removal, tennis, trash pickup
  • $800 HOA Transfer Fee
  • Community Lake

Amenities

  • Picnic Area
  • Clubhouse
  • Bar or Lounge

Recreation

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

Security

  • 24-Hour Security
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,113

Year Built

2007

Lot Details

0

HOA Fees

$94 per month

Listing Details

  • Class: Residential
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 3143
  • Accessibility Features: Home Elevator/Chair Lift
  • Animal: Domestic Pets
  • Below Grade Total Sq Ft: 1842
  • Design: Arts & Crafts
  • Electricity: Elec Underground
  • L V T Date: 02/25/2021
  • Nameof Property: 7 Bolling Circle
  • Parcel Number: 116
  • Price Per Sq Ft: 145.8
  • Property Included: Refrigerator, washer and dryer
  • Total Sq Ft: 5407
  • Total Unfinished Sq Ft: 606
  • Type of Construction: On Site Built
  • Zoning: R-4 Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2007

Interior Features

  • Unfinished Below Grade Sq Ft: 184
  • Fireplace: Gas Logs, One
  • Laundry: Dryer, Washer
  • Basement Type: Finished, Heated, Inside Access, Outside Entrance, Walk Out, Windows
  • Room 1: Foyer, 10x6, On Level: 1
  • Room 2: Great Room, 18x15, On Level: 1
  • Room 3: Dining Room, 13x10, On Level: 1
  • Room 4: Kitchen, 12x10, On Level: 1
  • Room 5: Breakfast Room, 10x8, On Level: 1
  • Room 6: Laundry, 14x6, On Level: 1
  • Room 7: Master Bedroom, 16x12, On Level: 1
  • Room 8: Master Bath, 10x10, On Level: 1
  • Room 9: Full Bath, On Level: 1
  • Room 10: Bedroom, 10x10, On Level: 1
  • Room 11: Home Office, 11x10, On Level: 1
  • Room 12: Loft, On Level: 2
  • Room 13: Bedroom, 18x13, On Level: 2
  • Room 14: Full Bath, On Level: 2
  • Room 15: Bedroom, 21x12, On Level: 2
  • Room 16: Family Room, 23x16, On Level: Basement
  • Room 17: Full Bath, On Level: Basement
  • Room 19: Home Office, 16x12, On Level: Basement
  • Room 20: Other, 10.5x6, On Level: Basement
  • Total Finished Sq Ft: 4801
  • Above Grade Finished Sq Ft: 3143
  • Basement: Yes
  • Bathroom: Attach Mstr Bath
  • Below Grade Finished Sq Ft: 1658
  • Fireplace Location: Great Room
  • Foundation: Concrete Block
  • Kitchen Appliances Feat: Breakfast Bar, Breakfast Nook, Dishwasher, Disposal, Eat-In, Microwave, Pantry, Refrigerator
  • Kitchen Cabinets Counters: Glass Front Cabinets, Granite
  • Land Description: Landscaped, Water Front
  • Level: 2 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 4
  • Below Grade Bathrooms: 1
  • Number of Main Level Bathrooms: 2
  • Number Beds: 4
  • Number Beds Main Level: 2
  • Full Bathrooms: 4
  • Room 18: Other, 27x16, On Level: Basement
  • Room Types: Bedroom, Breakfast Room, Dining Room, Family Room, Foyer, Full Bath, Great Room, Home Office, Kitchen, Laundry, Loft, Master Bedroom
  • Room Types Level1: Bedroom (L1), Breakfast Room (L1), Dining Room (L1), Foyer (L1), Full Bath (L1), Great Room (L1), Home Office (L1), Kitchen (L1), Laundry (L1), Master Bedroom (L1)
  • Room Types Level2: Bedroom (L2+), Full Bath (L2+), Loft (L2+)
  • Room Types Level B: Family Room (LB), Full Bath (LB), Home Office (LB)
  • Source of Sq Ft: Public Records

Exterior Features

  • Number Of Acres: 0.3
  • Roof: Architectural Style
  • Structure Deck Porch: Deck, Patio - Covered, Patio, Porch - Front, Porch - Screened, Porch - Side
  • Structure Features: Dual Vanities, Walk-In Closet
  • Structure Floors: Carpet, Hardwood
  • Structure Security: 24-Hr Security, Gated Community, Smoke Detector(s)
  • Structure Window Ceiling: Double-Hung Windows, Insulated Windows, Low-E Windows, Screens, Tilt Sash Windows, Vaulted/Cathedral Ceiling
  • View: Residential View, Water View
  • Water Property: Pond / Lake
  • Yard: Landscaped, Mature, Sunny

Garage/Parking

  • Garage: Yes
  • Driveway: Concrete
  • Unfinished Above Grade Garage: 422
  • Garage Features: Attached, Electricity, Faces Front
  • Number of Car Spaces: 2
  • Total Above Grade Garage: 422

Utilities

  • Cooling: Central Ac, Heat Pump
  • Heating: Central Heat, Forced Air, Heat Pump
  • Cable Available: Cable
  • Gas: Liquid Propane
  • Security: Security Force
  • Sewer/Septic System: Community Sewer
  • Water: Community Water

Condo/Co-op/Association

  • HOA/COA Amenities: Bar/Lounge, Baseball Field, Basketball Court, Beach, Boat Launch, Clubhouse, Lake, Picnic Area, Play Area, Soccer Field, Tennis
  • Association Setup Transfer Fee Type: $
  • Association Setup Transfer Fees: 800
  • Association Contact: Lake Monticello Owners Association
  • Association Fee: Hoa
  • Association Frequency: Annual
  • Association Includes: Area Maint, Beach, Boat Launch, Master Ins. Policy, Play Area, Prof. Mgmt., Reserve Fund, Road Maint, Security Force, Snow Removal, Tennis, Trash Pickup
  • Association Fee: 1131

Schools

  • Elementary School: Central (Fluvanna)
  • Middle School: Fluvanna
  • High School: Fluvanna
  • Other School: Oakland, FUMA, Effort Baptist, Open Door

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2021
Sold by
Marino Richard R
Bought by
Marino Richard R and Nguyen Binh T
Current Estimated Value
$946,416

Purchase Details

Listed on
Feb 12, 2021
Closed on
Jun 2, 2021
Sold by
Gilligan William and Gilligan Linda
Bought by
Marino Richard R and Marino 2016 Trust
Seller's Agent
JAY HURDLE
RE/MAX REALTY SPECIALISTS-CHARLOTTESVILLE
Buyer's Agent
Andrea Hubbell
CORE REAL ESTATE PARTNERS LLC
List Price
$728,500
Sold Price
$700,000
Premium/Discount to List
-$28,500
-3.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.32%
Original Mortgage
$548,250
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 10, 2012
Sold by
Arndt Patricia R
Bought by
Gilligan William and Gilligan Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2005
Sold by
Callan Paul J and Callan Jean A
Bought by
Arndt Patricia R and Powers Audrey L
Source: Public Records

Range of Values:

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Average Value
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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
Marino Richard R -- Chicago Title Insurance Co
Marino Richard R $700,000 Chicago Title Insurance Co
Gilligan William $539,000 Stewart Title Guaranty Compa
Arndt Patricia R $160,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Richard R Marino Trustee $548,250
Previous Owner Marino Richard R $548,250
Previous Owner Gilligan William K $437,000
Previous Owner Gilligan William K $448,000
Previous Owner Gilligan William $339,000
Previous Owner Arndt Patricia $250,000
Previous Owner Arndt Patricia R $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2021 06/14/21 Sold $700,000 -2.6% $146 / Sq Ft
05/09/2021 05/09/21 Pending -- -- --
05/03/2021 05/03/21 Price Changed $719,000 -1.3% $150 / Sq Ft
02/12/2021 02/12/21 For Sale $728,500 -- $152 / 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 $6,113 $815,100 $145,000 $670,100
2024 $63 $750,600 $145,000 $605,600
2023 $6,335 $750,600 $145,000 $605,600
2022 $5,860 $673,600 $155,000 $518,600
2021 $5,860 $673,600 $155,000 $518,600
2020 $6,169 $666,900 $182,500 $484,400
2019 $6,169 $666,900 $182,500 $484,400
2018 $5,896 $650,000 $182,500 $467,500
2017 $5,896 $650,000 $182,500 $467,500
2016 $5,831 $635,900 $162,500 $473,400
2015 $4,808 $635,900 $162,500 $473,400
2014 $4,808 $546,400 $162,500 $383,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 613566

Charlottesville area Association of Realtors®

APN: 18A 2 116