7 Mechunk Terrace Palmyra, VA 22963
Estimated payment $1,681/month
Highlights
- Boat Ramp
- Main Floor Bedroom
- Forced Air Heating and Cooling System
- Beach
- Community Pool
About This Home
Price Adjustment! Sellers are motivated and can accommodate a quick, seamless closing. Back on the Market at NO Fault of Seller. Welcome to this inviting 3-bedroom, 2-bath ranch home nestled on a spacious corner lot in the non-gated section of Lake Monticello. Built in 1995 and offering 1,144 sq. ft. of single-level living, this home combines comfort, convenience, and community amenities in a sought-after location. Step inside to find a bright and functional layout featuring a first-floor bedroom with full bath, a spacious living area, and durable flooring with a mix of wood, vinyl plank, and carpet. The kitchen comes equipped with essential appliances including a stove, refrigerator, dishwasher, washer, and dryer. Outside, enjoy the fenced backyard, as well as a deck ideal for relaxing or entertaining. The property also includes an outbuilding for extra storage. With a roof repaired in 2018 and public water/sewer, this home is move-in ready and easy to maintain. Living in Lake Monticello means access to an array of amenities: beaches, boat ramps, community pool, playgrounds, and water access to the lake?all with the added benefit of road maintenance, snow removal, and trash service included in the HOA.
Listing Agent
katie.mullins@keetonco.com KEETON & CO REAL ESTATE License #0225270241[113598] Listed on: 09/26/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,350
Year Built
- Built in 1995
Lot Details
- 0.37 Acre Lot
- Property is zoned R-4
HOA Fees
- $126 Monthly HOA Fees
Home Design
- Block Foundation
Interior Spaces
- 1,144 Sq Ft Home
- Property has 1 Level
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Schools
- Central Elementary School
- Fluvanna Middle School
- Fluvanna High School
Utilities
- Forced Air Heating and Cooling System
Community Details
Overview
- Lake Monticello Home Owner Association
- Lake Monticello Subdivision
Recreation
- Boat Ramp
- Beach
- Community Pool
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,775 | $236,600 | $30,000 | $206,600 |
| 2024 | $14 | $160,000 | $30,000 | $130,000 |
| 2023 | $1,350 | $160,000 | $30,000 | $130,000 |
| 2022 | $1,161 | $133,500 | $25,000 | $108,500 |
| 2021 | $1,161 | $133,500 | $25,000 | $108,500 |
| 2020 | $1,135 | $122,700 | $25,000 | $97,700 |
| 2019 | $1,135 | $122,700 | $25,000 | $97,700 |
| 2018 | $1,067 | $117,600 | $25,000 | $92,600 |
| 2017 | $1,067 | $117,600 | $25,000 | $92,600 |
| 2016 | $1,049 | $114,400 | $25,000 | $89,400 |
| 2015 | $987 | $114,400 | $25,000 | $89,400 |
| 2014 | $987 | $112,200 | $25,000 | $87,200 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/17/2025 11/17/25 | Pending | -- | -- | -- |
| 10/20/2025 10/20/25 | Price Changed | $273,000 | -0.7% | $239 / Sq Ft |
| 10/08/2025 10/08/25 | For Sale | $275,000 | 0.0% | $240 / Sq Ft |
| 09/30/2025 09/30/25 | Pending | -- | -- | -- |
| 09/26/2025 09/26/25 | Price Changed | $275,000 | -99.9% | $240 / Sq Ft |
| 09/24/2025 09/24/25 | For Sale | $275,000,000 | -- | $240,385 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $122,668 | None Available | |
| Deed | $153,000 | None Available | |
| Interfamily Deed Transfer | -- | Chicago Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $122,400 | New Conventional |
Source: Bright MLS
MLS Number: 669483
APN: 18A 6 226
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