NOT LISTED FOR SALE

7 Cymlin Terrace Palmyra, VA 22963

Estimated Value: $709,000 - $814,583

5 Beds
4.5 Baths
4,211 Sq Ft
$183/Sq Ft Est. Value

Last Sold May 22, 2024

Last sale price $732,000 $174 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,602/month

14 Days on Market

Highlights

  • Golf Course Community
  • 0.93 Acre Lot
  • Wood Burning Stove
  • Waterfront
  • Deck
  • Pond

About This Home

As of May 2024

Stunning remodeled waterfront home at Lake Monticello w/ 131 feet of water frontage! This home was completely renovated w/ an addition in 2019. The home features an amazing open floor plan design when entering. You will love the chef's kitchen with 6 burner range, custom cabinets, huge island & amazing walk-in pantry. The living room has a masonry wood burning fireplace. Off the kitchen this a study/home office. The master bedroom is on the main level and features its own deck w/views of the lake. Master bathroom has walk-in shower with rain shower head, double vanities, vanity area, water closet & walk-in closet with built ins. Laundry mud room has custom drawers, hooks & cubbies, sink & built in washer/dryer. Upstairs you will find 3 spacious bedrooms. Two of the bedrooms share a jack & jlll bathroom. 3rd bedroom has its own attached bathroom. Main level and upstairs of the home have solid hardwood floors. Lower level there is a media room, game room space, bedroom & full bathroom and storage room. On the rear of the home there is an amazing deck w/ cable wire railings and stone patio with amazing views of the lake. Steps leading to the lake were installed in 2019. Dock was enlarged & refurbished in 2023. Lot is almost 1 acre.

Last Agent to Sell the Property

Yvette Okros

AVENUE REALTY, LLC License #0225057745 Listed on: 03/12/2024

Last Buyer's Agent

NONMLSAGENT NONMLSAGENT

NONMLSOFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,000

Year Built

  • Built in 1980

Lot Details

  • 0.93 Acre Lot
  • Waterfront

HOA Fees

  • $103 Monthly HOA Fees

Home Design

  • Concrete Block With Brick
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Mud Room
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Recreation Room
  • Water Views

Kitchen

  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Bathroom on Main Level
  • Primary bathroom on main floor

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Pond
  • Deck
  • Patio
  • Front Porch

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number INST 190000841

Community Details

Overview

  • Association fees include area maint, beach, boat launch, club house, master ins. policy, play area, prof. mgmt., reserve fund, road maint, security force, snow removal, tennis, trash pickup
  • $850 HOA Transfer Fee
  • Lake Monticello Subdivision

Recreation

  • Golf Course Community
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,000

Year Built

Built in 1980

Lot Details

0

HOA Fees

$103 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 2823
  • Below Grade Total Sq Ft: 1388
  • L V T Date: 03/21/2024
  • Parcel Number: INST 190000841
  • Price Per Sq Ft: 173.83
  • Property Excluded: Pool Table
  • Property Included: woodstove and all appliances
  • Total Sq Ft: 4211
  • Type of Construction: On Site Built
  • Zoning: R Residential
  • Subdivision: LAKE MONTICELLO
  • Comments: Yes
  • Concatenated Rooms1: |Living Roo1|Kitchen1|Dining Roo1|Mud Room1|Laundry1|Den1|Pri Bed1|Pri Bath1|Half Bath1|Bedroom2|Bedroom2|Full Bath2|Bedroom2|Full Bath2|Rec RoomB|Full BathB|BedroomB|
  • Structures Deck Porch: Deck, Patio, Porch - Front, Porch - Rear, Stone
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Wood Stove, Wood Burning
  • Laundry: Dryer, Washer
  • Basement Type: Conditioned Crawl, Finished, Full, Heated, Inside Access, Outside Entrance, Slab, Walk Out, Windows
  • Room 1: Living Room,On Level: 1
  • Room 2: Kitchen,On Level: 1
  • Room 3: Dining Room,On Level: 1
  • Room 4: Mud Room,On Level: 1
  • Room 5: Laundry,On Level: 1
  • Room 6: Den,On Level: 1
  • Room 7: Pri Bed,On Level: 1
  • Room 8: Pri Bath,On Level: 1
  • Room 9: Half Bath,On Level: 1
  • Room 10: Bedroom,On Level: 2
  • Room 11: Bedroom,On Level: 2
  • Room 12: Full Bath,On Level: 2
  • Room 13: Bedroom,On Level: 2
  • Room 14: Full Bath,On Level: 2
  • Room 15: Rec Room,On Level: Basement
  • Room 16: Full Bath,On Level: Basement
  • Room 17: Bedroom,On Level: Basement
  • Total Finished Sq Ft: 4211
  • Above Grade Finished Sq Ft: 2823
  • Basement: Yes
  • Below Grade Finished Sq Ft: 1388
  • Fireplace Location: Living Room
  • Foundation: Concrete Block
  • Kitchen Appliances Feat: Dishwasher, Disposal, Gas Range, Refrigerator
  • Kitchen Cabinets Counters: Granite, White Cabinets
  • Land Description: Water Front
  • Level: 2 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 4.5
  • Below Grade Bathrooms: 1
  • Number of Main Level Bathrooms: 1.5
  • Number Beds: 5
  • Number Beds Below Grade: 1
  • Number Beds Main Level: 1
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Room Types: Bedroom, Den, Dining Room, Full Bath, Half Bath, Kitchen, Laundry, Living Room, Mud Room, Rec Room
  • Room Types Level1: Den (L1), Dining Room (L1), Half Bath (L1), Kitchen (L1), Laundry (L1), Living Room (L1), Mud Room (L1)
  • Room Types Level2: Bedroom (L2+), Full Bath (L2+)
  • Room Types Level B: Bedroom (LB), Full Bath (LB), Rec Room (LB)
  • Source of Sq Ft: Public Records

Exterior Features

  • Exterior: Wood
  • Number Of Acres: 0.93
  • Structure Floors: Ceramic Tile, Hardwood, Luxury Vinyl Plank
  • Structure Window Ceiling: 8' Ceilings
  • View: Water View, Wooded View
  • Water Property: Bay / Cove, Pond / Lake

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Cable Available: Cable, Fiber-Optic
  • Sewer/Septic System: Community Sewer
  • Water: Community Water

Condo/Co-op/Association

  • HOA/COA Amenities: Golf, Pool
  • Association Setup Transfer Fee Type: $
  • Association Setup Transfer Fees: 850
  • Association Fee: HOA
  • Association Frequency: Annual
  • Association Includes: Area Maint, Beach, Boat Launch, Club House, Master Ins. Policy, Play Area, Prof. Mgmt., Reserve Fund, Road Maint, Security Force, Snow Removal, Tennis, Trash Pickup
  • Association Fee: 1238

Building Info

  • Year Built: 1980

Tax Info

  • Year: 2023
  • Taxes: 4000

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2024
Closed on
May 1, 2024
Sold by
Gianakos Caitlin and Gianakos Nicholas
Bought by
Sullivan Michelle R and Cassidy Brian M
Seller's Agent
Yvette Okros
AVENUE REALTY, LLC
Buyer's Agent
NONMLSAGENT NONMLSAGENT
NONMLSOFFICE
List Price
$725,000
Sold Price
$732,000
Premium/Discount to List
$7,000
0.97%
Views
55
Current Estimated Value
$769,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,646
Avg. Annual Appreciation
3.57%
Original Mortgage
$366,000
Outstanding Balance
$360,868
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$408,778

Purchase Details

Closed on
Feb 27, 2019
Sold by
Birckhead Edwin T
Bought by
Gianakos Nicholas J and Gianakos Catilin E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,500
Interest Rate
4.4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Sullivan Michelle R $732,000 Old Republic National Title
Gianakos Nicholas J $325,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sullivan Michelle R $366,000
Previous Owner Gianakos Nicholas J $227,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2024 05/22/24 Sold $732,000 +1.0% $174 / Sq Ft
03/26/2024 03/26/24 Pending -- -- --
03/12/2024 03/12/24 For Sale $725,000 -- $172 / 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 $5,417 $722,220 $190,000 $532,220
2024 $39 $459,100 $190,000 $269,100
2023 $3,875 $459,100 $190,000 $269,100
2022 $3,599 $413,700 $182,500 $231,200
2021 $3,599 $413,700 $182,500 $231,200
2020 $3,694 $399,300 $182,500 $216,800
2019 $3,694 $399,300 $182,500 $216,800
2018 $3,553 $391,700 $182,500 $209,200
2017 $3,553 $391,700 $182,500 $209,200
2016 $3,396 $370,300 $162,500 $207,800
2015 $3,208 $370,300 $162,500 $207,800
2014 $3,208 $364,500 $162,500 $202,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 650451

Charlottesville area Association of Realtors®

APN: 18A-2-267