NOT LISTED FOR SALE

775 Jefferson Dr Palmyra, VA 22963

Estimated Value: $300,000 - $335,000

3 Beds
2 Baths
1,248 Sq Ft
$253/Sq Ft Est. Value

Last Sold June 12, 2024

Last sale price $303,000 $243 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,963/month

7 Days on Market

Highlights

  • Beach
  • Bar or Lounge
  • Community Lake
  • Community Boat Launch
  • Gated Community
  • Clubhouse

About This Home

As of June 2024

Adorable updated one level 3 bed 2 bath ranch home with close proximity to the main gate in Lake Monticello. As you enter you immediately see vaulted ceilings in the living room, dining room, and kitchen, plus upgraded laminate flooring throughout the home. The split bedroom design offers separation for privacy with the large light-filled primary bedroom suite with walk in closet and primary bath on one side, and two lovely guest rooms & full hall bathroom on the other. Upgrades include brand NEW kitchen stove, NEW dishwasher, and NEW microwave. NEW light fixtures and ceiling fans. Installed NEW propane tank with gas line for NEW gas fireplace and brand NEW hot water heater. NEW washer and dryer are in the laundry room/pantry with ample custom wood shelving. Rear deck leads to a spacious level back yard, fully fenced with shed and wooded view. Public Open House on Sunday 4/28/2024 from 1-4 p.m.

Last Agent to Sell the Property

CHERYL SPRANGEL

REAL ESTATE III, INC. License #0225097311 Listed on: 04/25/2024

Last Buyer's Agent

Anne Oliver

KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE License #0225074453

KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,804

Year Built

  • Built in 2008

Lot Details

  • 0.28 Acre Lot
  • Property is Fully Fenced
  • Landscaped
  • Open Lot
  • Garden
  • Property is zoned R-4 Residential

HOA Fees

  • $104 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Concrete Block With Brick
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,248 Sq Ft Home
  • 1-Story Property
  • Multiple Fireplaces
  • Gas Fireplace
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Laminate Flooring
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher
  • Formica Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Primary bathroom on main floor

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Playground

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 18A 2 411

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, dock
  • $850 HOA Transfer Fee
  • Lake Monticello Subdivision
  • Community Lake

Amenities

  • Picnic Area
  • Clubhouse
  • Community Center
  • Meeting Room
  • Community Dining Room
  • Bar or Lounge

Recreation

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

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,804

Year Built

Built in 2008

Lot Details

0

HOA Fees

$104 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 1248
  • Design: Ranch
  • Electricity: Elec Underground
  • L V T Date: 04/26/2024
  • Parcel Number: 18A 2 411
  • Price Per Sq Ft: 242.79
  • Property Included: Refrigerator, range, dishwasher, microwave, washer, dryer, shed.
  • Total Sq Ft: 1248
  • Type of Construction: On Site Built
  • Zoning: R-4 Residential
  • Best Use: Yard, flat, and Fenced
  • Subdivision: LAKE MONTICELLO
  • Comments: Yes
  • Concatenated Rooms1: |Living Roo1|Dining Roo1|Kitchen1|Laundry1|Pri Bed1|Pri Bath1|Bedroom1|Full Bath1|Bedroom1|
  • Structures Deck Porch: Deck, Wood
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Gas, One
  • Laundry: Dryer, Washer
  • Basement Type: Crawl
  • Room 1: Living Room,On Level: 1
  • Room 2: Dining Room,On Level: 1
  • Room 3: Kitchen,On Level: 1
  • Room 4: Laundry,On Level: 1
  • Room 5: Pri Bed,On Level: 1
  • Room 6: Pri Bath,On Level: 1
  • Room 7: Bedroom,On Level: 1
  • Room 8: Full Bath,On Level: 1
  • Room 9: Bedroom,On Level: 1
  • Total Finished Sq Ft: 1248
  • Above Grade Finished Sq Ft: 1248
  • Fireplace Location: Living Room
  • Foundation: Concrete Block
  • Kitchen Appliances Feat: Dishwasher, Disposal, Gas Range, Microwave, Pantry, Refrigerator
  • Kitchen Cabinets Counters: Formica Counter, Maple Cabinets
  • Land Description: Garden Spot, Landscaped, Nearly Level, Open
  • Level: 1 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 2
  • Number of Main Level Bathrooms: 2
  • Number Beds: 3
  • Number Beds Main Level: 3
  • Full Bathrooms: 2
  • Room Types: Bedroom, Dining Room, Family Room, Full Bath, Kitchen, Laundry, Living Room, Master Bedroom, Master Bath
  • Room Types Level1: Bedroom (L1), Dining Room (L1), Full Bath (L1), Kitchen (L1), Laundry (L1), Living Room (L1)
  • Source of Sq Ft: Public Records

Exterior Features

  • Fence: Totally Fenced
  • Exterior: Vinyl
  • Number Of Acres: 0.28
  • Roof: Composition Shingle
  • Structure Features: Walk-in Closet
  • Structure Floors: Laminate
  • Structure Security: Gated Community, Smoke Detector(s)

Garage/Parking

  • Driveway Parking: Asphalt

Utilities

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

Condo/Co-op/Association

  • HOA/COA Amenities: Bar/Lounge, Baseball Field, Basketball Court, Beach, Boat Launch, Clubhouse, Community Room, Dining Rooms, Lake, Meeting Room, Picnic Area, Play Area, Soccer Field, Tennis
  • 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, Dock
  • Association Fee: 1250

Building Info

  • Year Built: 2008

Tax Info

  • Year: 2023
  • Taxes: 1804.32

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2024
Closed on
Jun 7, 2024
Sold by
Fazio Patricia Ann
Bought by
Maldonado Keven Alexander Mo and Aguilera Reina Elizabeth
Seller's Agent
CHERYL SPRANGEL
REAL ESTATE III, INC.
Buyer's Agent
Anne Oliver
KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE
List Price
$309,900
Sold Price
$303,000
Premium/Discount to List
-$6,900
-2.23%
Views
47
Current Estimated Value
$316,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,281
Avg. Annual Appreciation
3.16%
Original Mortgage
$297,511
Outstanding Balance
$293,857
Interest Rate
7.22%
Mortgage Type
FHA
Estimated Equity
$22,424

Purchase Details

Listed on
Oct 18, 2023
Closed on
Dec 6, 2023
Sold by
Willett Preston and Willett Shannon
Bought by
Fazio Patricia Ann
Seller's Agent
Christopher Eagle
YES REALTY PARTNERS
Buyer's Agent
CHERYL SPRANGEL
REAL ESTATE III, INC.
List Price
$284,500
Sold Price
$282,500
Premium/Discount to List
-$2,000
-0.7%
Views
100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.42%
Original Mortgage
$117,500
Interest Rate
7.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2019
Sold by
Tyler Thornton Karen and Tyler 2019Lm001382
Bought by
Willett Preston and Willett Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,848
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 4, 2008
Sold by
Martin John R and Martin Susan J
Bought by
Thornton Karen and Thornton Tyler

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,700
Interest Rate
5.75%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 13, 2007
Sold by
Rogers Bruce F
Bought by
Martin John R and Martin Susan J
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
Maldonado Keven Alexander Mo $303,000 Old Republic National Title In
Fazio Patricia Ann $282,500 First American Title
Willett Preston $174,000 Old Republic Title
Thornton Karen $202,000 Southern Title Insurance Co
Martin John R $70,000 Stewart Title Guaranty Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maldonado Keven Alexander Mo $297,511
Previous Owner Fazio Patricia Ann $117,500
Previous Owner Willett Preston $170,848
Previous Owner Thornton Karen $182,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/12/2024 06/12/24 Sold $303,000 -2.2% $243 / Sq Ft
05/02/2024 05/02/24 Pending -- -- --
04/25/2024 04/25/24 For Sale $309,900 +9.7% $248 / Sq Ft
12/07/2023 12/07/23 Sold $282,500 -0.7% $226 / Sq Ft View Prior Sale
11/05/2023 11/05/23 Pending -- -- --
10/18/2023 10/18/23 For Sale $284,500 -- $228 / 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 $312,600 $30,000 $282,600
2024 $18 $214,800 $30,000 $184,800
2023 $1,813 $214,800 $30,000 $184,800
2022 $1,579 $181,500 $27,500 $154,000
2021 $1,579 $181,500 $27,500 $154,000
2020 $1,610 $174,100 $27,500 $146,600
2019 $1,610 $174,100 $27,500 $146,600
2018 $1,508 $166,300 $27,500 $138,800
2017 $1,508 $166,300 $27,500 $138,800
2016 $1,515 $165,200 $27,500 $137,700
2015 $1,424 $165,200 $27,500 $137,700
2014 $1,424 $161,800 $27,500 $134,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 652169

Charlottesville area Association of Realtors®

APN: 18A-2-411