NOT LISTED FOR SALE

8 Riverside Dr Palmyra, VA 22963

Estimated Value: $374,007 - $388,000

4 Beds
3 Baths
2,016 Sq Ft
$189/Sq Ft Est. Value

Last Sold August 05, 2025

Last sale price $389,900 $193 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,324/month

About This Home

Welcome to easy living in this spacious 4-bedroom ranch home in Lake Monticello—no gates, no steps! Enjoy step-free access from the driveway into the finished terrace level, perfect for guests or multigenerational living. Inside, you’ll find hardwood floors, granite countertops, and a gas fireplace with built-ins in the living room. The private split-bedroom layout offers comfort and space, with a large primary bedroom suite featuring a walk-in closet and an oversized vanity. The kitchen includes all appliances, and the washer and dryer convey for added convenience. Outdoor living shines with a deck, screened porch, covered front porch, and hot tub—set against peaceful wooded views for ultimate privacy. The terrace level offers a full bath, kitchenette, and separate entry, ideal for in-laws, guests, or rental potential. An oversized 2-car garage provides ample storage. Located in the outside section of Lake Monticello—no gate access required—this home blends comfort, flexibility, and natural beauty in one desirable package. Conveniently located only 25 minutes to Charlottesville and 20 minutes to Zion Crossroads!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2025
Closed on
Jul 31, 2025
Sold by
Reynolds Andrew J and Reynolds Kayla M
Bought by
Mehalic Mason B and Mehalic Erin L
Seller's Agent
THE GUNNELS GROUP
LONG & FOSTER - LAKE MONTICELLO
Buyer's Agent
JAMIE WHITE
JAMIE WHITE REAL ESTATE
List Price
$389,900
Sold Price
$389,900
Views
19
Current Estimated Value
$381,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,148
Avg. Annual Appreciation
-3.30%
Original Mortgage
$259,000
Outstanding Balance
$258,780
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$122,972

Purchase Details

Closed on
Feb 23, 2021
Sold by
Kirby John W and Kirby Dorothy L
Bought by
Reynolds Andrew J and Reynolds Kayla M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2013
Sold by
Koeser Leland W and Koeser Leland N
Bought by
Kirby John W and Kirby Dorothy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,631
Interest Rate
3.25%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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ICE

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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
Mehalic Mason B $389,900 Chicago Title Insurance Compan
Reynolds Andrew J $240,000 Chicago Title
Kirby John W $186,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mehalic Mason B $259,000
Previous Owner Reynolds Andrew J $192,000
Previous Owner Kirby John W $182,631
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/05/2025 08/05/25 Sold $389,900 0.0% $193 / Sq Ft View Prior Sale
07/15/2025 07/15/25 Pending -- -- --
07/10/2025 07/10/25 For Sale $389,900 -- $193 / Sq Ft

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 $2,593 $345,700 $28,500 $317,200
2024 $22 $258,200 $28,500 $229,700
2023 $2,179 $258,200 $28,500 $229,700
2022 $1,911 $219,600 $23,800 $195,800
2021 $1,911 $219,600 $23,800 $195,800
2020 $1,806 $195,200 $23,800 $171,400
2019 $1,806 $195,200 $23,800 $171,400
2018 $1,709 $188,400 $23,800 $164,600
2017 $1,709 $188,400 $23,800 $164,600
2016 $1,681 $183,300 $23,800 $159,500
2015 $1,594 $183,300 $23,800 $159,500
2014 $1,594 $181,100 $23,800 $157,300
Source: Public Records

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