NOT LISTED FOR SALE

774 Jefferson Dr Palmyra, VA 22963

Estimated Value: $328,000 - $359,000

4 Beds
2.5 Baths
1,653 Sq Ft
$209/Sq Ft Est. Value

Last Sold June 11, 2024

Last sale price $325,000 $197 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,115/month

15 Days on Market

Highlights

  • Beach
  • Clubhouse
  • Living Room with Fireplace
  • Golf Course Community
  • Deck
  • Main Floor Primary Bedroom

About This Home

As of June 2024

Wonderful 4BR, 2 1/2 BA cape cod with full unfinished basement close to the main gate with lovely winter water views. Nestled in the heart of Lake Monticello this captivating Cape Cod home, this home offers over 1600 finished square feet of living space, and an additional 1100 unfinished square feet in walkout basement. Boasting 4 bedrooms and 2.5 bathrooms, including a luxurious main level master suite complete with dual walk-in closets, a spa-like walk-in shower, and a jetted tub, this residence is designed for ultimate comfort. The propane fireplace in the living room that opens to the eat in kitchen warms the home nicely!

Last Agent to Sell the Property

Jim Duncan

NEST REALTY GROUP License #0225060660 Listed on: 04/03/2024

NEST REALTY GROUP

Last Buyer's Agent

David Roy Griffin

REAL ESTATE III, INC. License #0225197341

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,084

Year Built

  • Built in 1996

Lot Details

  • 0.32 Acre Lot
  • Gentle Sloping Lot

HOA Fees

  • $104 Monthly HOA Fees

Home Design

  • Concrete Block With Brick
  • Composition Shingle Roof

Interior Spaces

  • 2-Story Property
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Formica Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Bathroom on Main Level
  • Primary bathroom on main floor
  • Double Vanity

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

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

Outdoor Features

  • Deck
  • Playground
  • Front Porch

Schools

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

Utilities

  • Heat Pump System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 18A-2 -51

Community Details

Overview

  • Association fees include pool, prof. mgmt., reserve fund
  • $850 HOA Transfer Fee
  • Lake Monticello Subdivision

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Beach
  • Golf Course Community
  • Tennis Courts
  • Soccer Field
  • Community Playground
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,084

Year Built

Built in 1996

Lot Details

0

HOA Fees

$104 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 1653
  • Below Grade Total Sq Ft: 1102
  • Design: Cape Cod
  • L V T Date: 04/04/2024
  • Parcel Number: 18A-2 -51
  • Price Per Sq Ft: 196.61
  • Total Sq Ft: 2755
  • Total Unfinished Sq Ft: 1102
  • Type of Construction: On Site Built
  • Zoning: R Residential
  • Subdivision: LAKE MONTICELLO
  • Comments: Yes
  • Concatenated Rooms1: |Living Roo1|Dining Roo1|Kitchen1|Full Bath1|Pri Bed1|Pri Bath1|Laundry1|Bedroom2|Bedroom2|Bedroom2|Full Bath2|
  • Structures Deck Porch: Deck, Porch - Front
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Unfinished Below Grade Sq Ft: 1102
  • Fireplace: Gas Logs
  • Laundry: Dryer, Dryer Hookup, Washer, Washer Hookup
  • Basement Type: Full, Inside Access, Outside Entrance, Unfinished, Walk Out, Windows
  • Room 1: Living Room,On Level: 1
  • Room 2: Dining Room,On Level: 1
  • Room 3: Kitchen,On Level: 1
  • Room 4: Full Bath,On Level: 1
  • Room 5: Pri Bed,On Level: 1
  • Room 6: Pri Bath,On Level: 1
  • Room 7: Laundry,On Level: 1
  • Room 8: Bedroom,On Level: 2
  • Room 9: Bedroom,On Level: 2
  • Room 10: Bedroom,On Level: 2
  • Room 11: Full Bath,On Level: 2
  • Total Finished Sq Ft: 1653
  • Above Grade Finished Sq Ft: 1653
  • Basement: Yes
  • Fireplace Location: Living Room
  • Foundation: Concrete Block
  • Kitchen Appliances Feat: Dishwasher, Disposal, Electric Range, Electric Cooktop, Microwave, Refrigerator
  • Kitchen Cabinets Counters: Formica Counter
  • Land Description: Gently Rolling
  • Level: 2 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 2.5
  • Number of Main Level Bathrooms: 2
  • Number Beds: 4
  • Number Beds Main Level: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Room Types: Bedroom, Dining Room, Full Bath, Kitchen, Laundry, Living Room
  • Room Types Level1: Dining Room (L1), Full Bath (L1), Kitchen (L1), Laundry (L1), Living Room (L1)
  • Room Types Level2: Bedroom (L2+), Full Bath (L2+)
  • Source of Sq Ft: Public Records

Exterior Features

  • Number Of Acres: 0.32
  • Roof: Composition Shingle
  • Structure Features: Dual Vanities

Utilities

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

Condo/Co-op/Association

  • HOA/COA Amenities: Beach, Clubhouse, Golf, Picnic Area, Play Area, Pool, Soccer Field, Tennis, Walk/Run Trails
  • Association Setup Transfer Fee Type: $
  • Association Setup Transfer Fees: 850
  • Association Fee: HOA
  • Association Frequency: Annual
  • Association Includes: Pool, Prof. Mgmt., Reserve Fund
  • Association Fee: 1250

Lot Info

  • Lot Features: Public Road

Building Info

  • Year Built: 1996

Tax Info

  • Year: 2024
  • Taxes: 2084

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2024
Closed on
May 21, 2024
Sold by
Ober David and Jenkins Family Trust
Bought by
Doran Terry L and Doran Brenda J
Seller's Agent
Jim Duncan
NEST REALTY GROUP
Buyer's Agent
David Roy Griffin
REAL ESTATE III, INC.
List Price
$345,000
Sold Price
$325,000
Premium/Discount to List
-$20,000
-5.8%
Views
138
Current Estimated Value
$345,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,250
Avg. Annual Appreciation
4.48%
Original Mortgage
$487,500
Outstanding Balance
$418,379
Interest Rate
7.17%
Mortgage Type
FHA
Estimated Equity
-$73,129

Purchase Details

Closed on
Jul 26, 2013
Sold by
Federal National Mortgage Association
Bought by
Spradlin Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2013
Sold by
Seabaugh David J and Gmac Mortgage Llc
Bought by
Federal National Mortgage Association
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
Doran Terry L $325,000 Chicago Title
Spradlin Jennifer L $155,000 Etitle Agency Inc
Federal National Mortgage Association $180,324 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Doran Terry L $487,500
Closed Doran Terry L $487,500
Previous Owner Spradlin Jennifer L $124,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/11/2024 06/11/24 Sold $325,000 -5.8% $197 / Sq Ft
04/18/2024 04/18/24 Pending -- -- --
04/03/2024 04/03/24 For Sale $345,000 +4.6% $209 / Sq Ft
08/16/2023 08/16/23 Sold $329,900 0.0% $200 / Sq Ft View Prior Sale
06/29/2023 06/29/23 Pending -- -- --
06/22/2023 06/22/23 For Sale $329,900 -- $200 / 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 $2,345 $312,700 $30,000 $282,700
2024 $21 $245,600 $30,000 $215,600
2023 $2,073 $245,600 $30,000 $215,600
2022 $1,842 $211,700 $27,500 $184,200
2021 $1,842 $211,700 $27,500 $184,200
2020 $1,818 $196,500 $27,500 $169,000
2019 $1,818 $196,500 $27,500 $169,000
2018 $1,707 $188,200 $27,500 $160,700
2017 $1,707 $188,200 $27,500 $160,700
2016 $1,703 $185,700 $27,500 $158,200
2015 $1,605 $185,700 $27,500 $158,200
2014 $1,605 $182,400 $27,500 $154,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 651314

Charlottesville area Association of Realtors®

APN: 18A-2-151