NOT LISTED FOR SALE

881 Jefferson Dr Palmyra, VA 22963

Estimated Value: $316,000 - $338,000

3 Beds
2 Baths
1,634 Sq Ft
$202/Sq Ft Est. Value

Sale Details

Date Sold: June 9, 2023

Last sale price $310,000 $190 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,030 / mo

34 Days on Market

Highlights

  • Beach
  • Community Boat Launch
  • Gated Community
  • Golf Course Community
  • Pool
  • Community Lake

About This Home

As of June 2023

Check out this value in a completely updated home, with a very convenient location just inside Lake Monticello. Brand new kitchen: new cabinets, new quartz countertops, new stainless steel appliances. All new bathrooms. New hardwood floors throughout the main living areas and new carpet in the bedrooms. New light fixtures as well. This one feels like brand new and feels like home!

Last Agent to Sell the Property

David Coy

RED CEDAR REAL ESTATE License #0225202963 Listed on: 04/06/2023

Last Buyer's Agent

JOSSEF BARON

LONG & FOSTER - LAKE MONTICELLO License #0225260476

LONG & FOSTER - LAKE MONTICELLO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,360

Year Built

  • Built in 1984

Lot Details

  • 12,197 Sq Ft Lot
  • Property is zoned R-4 Residential

HOA Fees

  • $97 Monthly HOA Fees

Home Design

  • Concrete Block With Brick
  • Board and Batten Siding

Interior Spaces

  • 1,634 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Recessed Lighting
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Insulated Windows
  • Double Hung Windows
  • Family Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Primary bathroom on main floor

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Pool

Outdoor Features

  • Deck
  • Playground
  • Front Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 18A 1 256

Community Details

Overview

  • Association fees include area maint, beach, boat launch, club house, insurance, master ins. policy, play area, pool, prof. mgmt., reserve fund, road maint, security force, snow removal, tennis, trash pickup
  • $855 HOA Transfer Fee
  • Lake Monticello Subdivision
  • Community Lake

Amenities

  • Clubhouse
  • Community Dining Room

Recreation

  • Community Boat Launch
  • Beach
  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Exercise Course
  • Community Pool
  • Trails

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,360

Year Built

Built in 1984

Lot Details

0.28 Acres

HOA Fees

$97 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 1634
  • L V T Date: 04/06/2023
  • Parcel Number: 18A 1 256
  • Price Per Sq Ft: 189.72
  • Total Sq Ft: 1634
  • Type of Construction: On Site Built
  • Zoning: R-4 Residential
  • Subdivision: LAKE MONTICELLO
  • Comments: Yes
  • Concatenated Rooms1: |Master BTH1|Full Bath1|Kitchen1|Family Roo1|Bedroom1|Master Bed1|Bedroom1|Breakfast1|Laundry1|
  • Structures Deck Porch: Deck, Porch - Front
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Wood Burning
  • Laundry: Dryer Hookup, Washer Hookup
  • Basement Type: Crawl
  • Room 1: Master Bath,On Level: 1
  • Room 2: Full Bath,On Level: 1
  • Room 3: Kitchen,On Level: 1
  • Room 4: Family Room,On Level: 1
  • Room 5: Bedroom,On Level: 1
  • Room 6: Master Bedroom,On Level: 1
  • Room 7: Bedroom,On Level: 1
  • Room 8: Breakfast Room,On Level: 1
  • Room 9: Laundry,On Level: 1
  • Total Finished Sq Ft: 1634
  • Above Grade Finished Sq Ft: 1634
  • Fireplace Location: Family Room
  • Foundation: Concrete Block
  • Kitchen Appliances Feat: Dishwasher, Eat-in, Electric Range, Microwave, Pantry, Recessed Light, Refrigerator
  • Kitchen Cabinets Counters: Quartz Counter, White Cabinets, Wood Cabinets
  • 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, Breakfast Room, Family Room, Full Bath, Kitchen, Laundry, Master Bedroom
  • Room Types Level1: Bedroom (L1), Breakfast Room (L1), Family Room (L1), Full Bath (L1), Kitchen (L1), Laundry (L1), Master Bedroom (L1)
  • Source of Sq Ft: Public Records

Exterior Features

  • Exterior: Board & Batten
  • Number Of Acres: 0.28
  • Pool: Yes
  • Pool: Community
  • Structure Features: Renovated
  • Structure Floors: Carpet, Hardwood
  • Structure Security: Gated Community
  • Structure Window Ceiling: Double-hung Windows, Insulated Windows, Vaulted/Cathedral Ceiling

Utilities

  • Cooling: Central AC
  • Heating: Central Heat, Electric, Forced Air, Heat Pump
  • Cable Available: Cable
  • Sewer/Septic System: Community Sewer
  • Water: Community Water

Condo/Co-op/Association

  • HOA/COA Amenities: Beach, Boat Launch, Clubhouse, Dining Rooms, Exercise Room, Golf, Lake, Play Area, Pool, Tennis, Walk/Run Trails
  • Association Setup Transfer Fee Type: $
  • Association Setup Transfer Fees: 855
  • Association Fee: HOA
  • Association Frequency: Annual
  • Association Includes: Area Maint, Beach, Boat Launch, Club House, Insurance, Master Ins. Policy, Play Area, Pool, Prof. Mgmt., Reserve Fund, Road Maint, Security Force, Snow Removal, Tennis, Trash Pickup
  • Association Fee: 1164

Building Info

  • Year Built: 1984

Tax Info

  • Year: 2021
  • Taxes: 1359.59

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2023
Closed on
Jun 27, 2023
Sold by
Trustee Services Of Virginia Llc
Bought by
Ffc Properties Llc and Schultz
Seller's Agent
David Coy
RED CEDAR REAL ESTATE
Buyer's Agent
JOSSEF BARON
LONG & FOSTER - LAKE MONTICELLO
List Price
$310,000
Sold Price
$310,000
Views
31
Current Estimated Value
$330,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,242
Avg. Annual Appreciation
2.16%
Original Mortgage
$248,000
Outstanding Balance
$240,358
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$89,884

Purchase Details

Listed on
Apr 6, 2023
Closed on
Jun 7, 2023
Sold by
Ffc Properties Llc
Bought by
Des Rochers Mary Des
Seller's Agent
David Coy
RED CEDAR REAL ESTATE
Buyer's Agent
JOSSEF BARON
LONG & FOSTER - LAKE MONTICELLO
List Price
$310,000
Sold Price
$310,000
Views
31

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Outstanding Balance
$240,358
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$89,884

Purchase Details

Closed on
Dec 14, 2022
Sold by
Trustee Services Of Virginia Llc
Bought by
Ffc Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2016
Sold by
Rafaly William D
Bought by
Schultz David J and Schultz Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,283
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 19, 2014
Sold by
Us Bank National Association
Bought by
Madison Michael and Madison Bridgette

Purchase Details

Closed on
Jul 22, 2013
Sold by
Banks Melissa P and Banks Michael W
Bought by
Us Bank National Association

Purchase Details

Closed on
Jun 13, 2006
Sold by
Armstrong Beatrice H and Gallo Frank J
Bought by
Banks Michael W and Banks Melissa P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,000
Interest Rate
7.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 16, 2006
Sold by
Armstrong Michael H
Bought by
Armstrong Beatrice H
Source: Public Records

Range of Values:

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Ffc Properties Llc $141,268 None Listed On Document
Des Rochers Mary Des $310,000 Sage Title
Ffc Properties Llc $141,162 --
Schultz David J $150,000 Stewart Title
Madison Michael $75,000 None Available
Us Bank National Association $14,659 None Available
Banks Michael W $183,000 None Available
Armstrong Beatrice H -- None Available
Armstrong Beatrice H -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Des Rochers Mary Des $248,000
Previous Owner Ffc Properties Llc $212,000
Previous Owner Schultz David J $147,283
Previous Owner Banks Michael W $183,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2023 06/09/23 Sold $310,000 0.0% $190 / Sq Ft
05/10/2023 05/10/23 Pending -- -- --
05/08/2023 05/08/23 For Sale $310,000 0.0% $190 / Sq Ft
04/10/2023 04/10/23 Price Changed $310,000 +6.9% $190 / Sq Ft
04/08/2023 04/08/23 Pending -- -- --
04/06/2023 04/06/23 For Sale $290,000 -- $177 / Sq Ft
Source: Charlottesville area Association of Realtors®

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 $1,744 $232,500 $30,000 $202,500
2024 $1,545 $183,000 $30,000 $153,000
2023 $1,545 $183,000 $30,000 $153,000
2022 $1,338 $153,800 $27,500 $126,300
2021 $1,338 $153,800 $27,500 $126,300
2020 $1,298 $140,300 $27,500 $112,800
2019 $1,298 $140,300 $27,500 $112,800
2018 $1,213 $133,700 $27,500 $106,200
2017 $1,213 $133,700 $27,500 $106,200
2016 $1,132 $131,400 $27,500 $103,900
2015 $1,132 $131,400 $27,500 $103,900
2014 $1,132 $128,600 $27,500 $101,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 640255

Charlottesville area Association of Realtors®

APN: 18A-1-256

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