Seller's Agent in 2022
Marjorie Adam
BETTER HOMES & GARDENS R.E.-PATHWAYS
(434) 326-1881
12 in this area
224 Total Sales
7 Out of Bounds Rd Palmyra, VA 22963
Estimated Value: $463,000 - $587,000
3
Beds
2.5
Baths
2,700
Sq Ft
$203/Sq Ft
Est. Value
Highlights
- Beach
- Community Boat Launch
- Community Lake
- On Golf Course
- Outdoor Pool
- Clubhouse
About This Home
As of April 2022This incredibly well-maintained GOLF FRONT home at Lake Monticello is close to the Slice Gate for easy access and boasts main level living featuring a living room with a gas fireplace, dining room, large eat-in kitchen with a center island open to the family room, both leading to the rear deck and screened-in porch overlooking the 7th hole, master bedroom with 2 walk-in closets and ensuite bath with a whirpool tub, standing shower and double sinks. The half bath and laundry room complete the main level! Upstairs you'll find 2 bedrooms, a full bath and a large vaulted unfinished room for storage or future expansion. Additional storage in the pull down attic above the 2-car garage! Brand new roof just installed. Lake Monticello offers 5 beaches, a marina, community pool, sports courts, several playgrounds and more!
Last Agent to Sell the Property
BETTER HOMES & GARDENS R.E.-PATHWAYS License #0225041602 Listed on: 02/22/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,435
Year Built
- Built in 1999
Lot Details
- 0.35 Acre Lot
- On Golf Course
- Property is zoned R-4 Residential
HOA Fees
- $97 Monthly HOA Fees
Home Design
- Concrete Block With Brick
- Composition Shingle Roof
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Vaulted Ceiling
- Recessed Lighting
- Multiple Fireplaces
- Gas Fireplace
- Insulated Windows
- Entrance Foyer
- Family Room
- Living Room with Fireplace
- Dining Room
Kitchen
- Eat-In Kitchen
- Electric Range
- Microwave
- Dishwasher
- Kitchen Island
- Formica Countertops
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms | 1 Primary Bedroom on Main
- Walk-In Closet
- Bathroom on Main Level
- Primary bathroom on main floor
- Double Vanity
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 2 Car Attached Garage
- Front Facing Garage
- Automatic Garage Door Opener
Outdoor Features
- Outdoor Pool
- Playground
Schools
- Central Elementary School
- Fluvanna Middle School
- Fluvanna High School
Utilities
- Central Heating and Cooling System
- Fiber Optics Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 18A 4 50
Community Details
Overview
- Association fees include area maint, beach, play area, road maint, trash pickup
- $800 HOA Transfer Fee
- Lake Monticello Subdivision
- Community Lake
Amenities
- Picnic Area
- Clubhouse
Recreation
- Community Boat Launch
- Beach
- Golf Course Community
- Baseball Field
- Community Basketball Court
- Community Playground
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 22, 2022
Closed on
Apr 12, 2022
Sold by
Ruth Haverstrom
Bought by
Lamb Robert A
Seller's Agent
Marjorie Adam
BETTER HOMES & GARDENS R.E.-PATHWAYS
Buyer's Agent
Iris Helfrich
MONTICELLO COUNTRY REAL ESTATE, INC.
List Price
$430,000
Sold Price
$475,000
Premium/Discount to List
$45,000
10.47%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,070
Avg. Annual Appreciation
4.31%
Original Mortgage
$325,000
Outstanding Balance
$307,707
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$239,363
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lamb Robert A | $475,000 | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lamb Robert A | $325,000 | |
| Previous Owner | Haverstrom Kenneth R | $60,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/19/2022 04/19/22 | Sold | $475,000 | +10.5% | $176 / Sq Ft |
| 02/28/2022 02/28/22 | Pending | -- | -- | -- |
| 02/22/2022 02/22/22 | For Sale | $430,000 | -- | $159 / Sq Ft |
Source: Charlottesville area Association of Realtors®
Tax History Compared to Growth
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 | $4,533 | $604,400 | $55,000 | $549,400 |
| 2024 | $41 | $484,200 | $55,000 | $429,200 |
| 2023 | $4,087 | $484,200 | $55,000 | $429,200 |
| 2022 | $3,381 | $388,600 | $50,000 | $338,600 |
| 2021 | $3,381 | $388,600 | $50,000 | $338,600 |
| 2020 | $3,514 | $379,900 | $50,000 | $329,900 |
| 2019 | $3,514 | $379,900 | $50,000 | $329,900 |
| 2018 | $3,516 | $387,700 | $50,000 | $337,700 |
| 2017 | $3,516 | $387,700 | $50,000 | $337,700 |
| 2016 | $2,864 | $334,400 | $35,000 | $299,400 |
| 2015 | $2,864 | $334,400 | $35,000 | $299,400 |
| 2014 | $2,864 | $325,400 | $35,000 | $290,400 |
Source: Public Records
Agents Affiliated with this Home
-
Marjorie Adam
-
Iris Helfrich
Buyer's Agent in 2022
Iris Helfrich
MONTICELLO COUNTRY REAL ESTATE, INC.
(434) 981-9956
86 in this area
122 Total Sales
Map
Source: Charlottesville area Association of Realtors®
MLS Number: 626754
APN: 18A 4 50
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