NOT LISTED FOR SALE

8 Out of Bounds Rd Palmyra, VA 22963

Estimated Value: $527,054 - $577,000

4 Beds
2 Baths
2,730 Sq Ft
$203/Sq Ft Est. Value

Last Sold September 14, 2022

Last sale price $502,000 $184 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,405/month

8 Days on Market

Highlights

  • Beach
  • 2 Car Attached Garage
  • 1-Story Property
  • Multiple Fireplaces
  • Concrete Block With Brick
  • Central Heating and Cooling System

About This Home

As of September 2022

Golf Course home by the 5th T-Box! Beautiful, custom, one level, and well maintained. This is a dream home! 4 BR 2BA, Home office,(the 4th bedroom is over the garage), Fireplace, 3 Season Room, 2 Car Garage, and ( I mention the wonderful large kitchen? And as an added bonus, there is a workshop/extra storage space in the crawl space! This is a must see!

Last Agent to Sell the Property

PEGGY SHANKLIN

LONG & FOSTER - LAKE MONTICELLO License #0225247109 Listed on: 07/23/2022

Last Buyer's Agent

Donna Patton

KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE License #0225040632

KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,844

Year Built

  • Built in 1998

Lot Details

  • 0.36 Acre Lot
  • Property is zoned R-1 Residential

HOA Fees

  • $96 Monthly HOA Fees

Home Design

  • Concrete Block With Brick

Interior Spaces

  • 2,730 Sq Ft Home
  • 1-Story Property
  • Multiple Fireplaces
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Primary bathroom on main floor

Partially Finished Basement

  • Walk-Out Basement
  • Crawl Space

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Automatic Garage Door Opener

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number Db 321-792 Fairway-4 Lot 58

Community Details

Overview

  • $800 HOA Transfer Fee
  • Lake Monticello Subdivision

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,844

Year Built

Built in 1998

Lot Details

0

HOA Fees

$96 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 2730
  • Farm Remarks: Please see the docs! We did a pre-listing home inspection and the sellers response to each item is in the docs. This is a wonderful home you can feel great about selling!
  • L V T Date: 07/29/2022
  • Parcel Number: Db 321-792 Fairway-4 Lot 58
  • Price Per Sq Ft: 183.88
  • Property Included: Washer and Dryer, Refrigerators, dishwasher, window treatments, oven, microwave, cooktop
  • Total Sq Ft: 3258
  • Total Unfinished Sq Ft: 528
  • Type of Construction: On Site Built
  • Zoning: R-1 Residential
  • Subdivision: LAKE MONTICELLO
  • Comments: Yes
  • Concatenated Rooms1: |
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: One
  • Basement Type: Crawl, Outside Entrance, Partly Finished
  • Total Finished Sq Ft: 2730
  • Above Grade Finished Sq Ft: 2730
  • Basement: Yes
  • Fireplace Location: Living Room
  • Foundation: Concrete Block
  • Level: 1 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 2
  • Number Beds: 4
  • Full Bathrooms: 2
  • Source of Sq Ft: Public Records

Exterior Features

  • Number Of Acres: 0.36

Garage/Parking

  • Garage: Yes
  • Unfinished Above Grade Garage: 528
  • Garage Features: Attached, Auto Door, Electricity, Faces Front
  • Number of Car Spaces: 2
  • Total Above Grade Garage: 528

Utilities

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

Condo/Co-op/Association

  • HOA/COA Amenities: Beach
  • Association Setup Transfer Fee Type: $
  • Association Setup Transfer Fees: 800
  • Association Fee: HOA
  • Association Frequency: Annual
  • Association Fee: 1150

Schools

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

Building Info

  • Year Built: 1998

Tax Info

  • Year: 2021
  • Taxes: 2843.72

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2022
Closed on
Aug 23, 2022
Sold by
Loos David R and Loos Linda L
Bought by
Brassard Thomas J and Brassard Susan W
Seller's Agent
PEGGY SHANKLIN
LONG & FOSTER - LAKE MONTICELLO
Buyer's Agent
Donna Patton
KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE
List Price
$470,000
Sold Price
$502,000
Premium/Discount to List
$32,000
6.81%
Views
1
Current Estimated Value
$551,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,846
Avg. Annual Appreciation
3.31%
Source: Public Records

Range of Values:

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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
Brassard Thomas J $502,000 Stewart Title Guaranty Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2022 09/14/22 Sold $502,000 +6.8% $184 / Sq Ft
07/31/2022 07/31/22 Pending -- -- --
07/23/2022 07/23/22 For Sale $470,000 -- $172 / 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 $3,455 $460,700 $55,000 $405,700
2024 $34 $397,900 $55,000 $342,900
2023 $3,358 $397,900 $55,000 $342,900
2022 $2,689 $309,100 $50,000 $259,100
2021 $2,689 $309,100 $50,000 $259,100
2020 $2,726 $294,700 $50,000 $244,700
2019 $2,726 $294,700 $50,000 $244,700
2018 $2,745 $302,700 $50,000 $252,700
2017 $2,745 $302,700 $50,000 $252,700
2016 $2,371 $258,600 $35,000 $223,600
2015 $2,198 $258,600 $35,000 $223,600
2014 $2,198 $249,800 $35,000 $214,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 633041

Charlottesville area Association of Realtors®

APN: 18A-4-58