NOT LISTED FOR SALE

8 Oak Terrace Palmyra, VA 22963

Estimated Value: $378,000 - $458,000

3 Beds
3 Baths
1,896 Sq Ft
$217/Sq Ft Est. Value

About This Home

This home is located at 8 Oak Terrace, Palmyra, VA 22963 and is currently estimated at $412,072, approximately $217 per square foot. 8 Oak Terrace is a home located in Fluvanna County with nearby schools including Central Elementary School, West Central Primary School, and Carysbrook Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 15, 2020
Sold by
En Trust New Direction Inc
Bought by
Devarennes Michael Allen and Devarenees Julianne
Current Estimated Value
$412,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,162
Outstanding Balance
$196,233
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$205,169

Purchase Details

Closed on
Jun 15, 2006
Sold by
Scullin Christopher Mathew and Scullin Jaime Davis
Bought by
Payne Larry Mason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,200
Interest Rate
6.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
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
Devarennes Michael Allen $231,750 Old Republic Title
Payne Larry Mason $246,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Devarennes Michael Allen $220,162
Previous Owner Payne Larry Mason $197,200
Source: Public Records

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 $2,440 $325,300 $30,000 $295,300
2024 $21 $254,000 $30,000 $224,000
2023 $2,144 $254,000 $30,000 $224,000
2022 $1,896 $217,900 $27,500 $190,400
2021 $1,896 $217,900 $27,500 $190,400
2020 $1,866 $201,700 $27,500 $174,200
2019 $1,866 $201,700 $27,500 $174,200
2018 $1,751 $193,100 $27,500 $165,600
2017 $1,751 $193,100 $27,500 $165,600
2016 $1,731 $188,800 $27,500 $161,300
2015 $1,629 $188,800 $27,500 $161,300
2014 $1,629 $185,100 $27,500 $157,600
Source: Public Records

Map

Virginia Fluvanna County Palmyra 22963

8 Oak Terrace, Palmyra, VA

This home is located at 8 Oak Terrace, Palmyra, VA 22963 and is currently estimated at $412,072, approximately $217 per square foot. 8 Oak Terrace is a home located in Fluvanna County with nearby schools including Central Elementary School, West Central Primary School, and Carysbrook Elementary School.

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