NOT LISTED FOR SALE

9 Colonial Rd Palmyra, VA 22963

Estimated Value: $392,000 - $625,857

3 Beds
3.5 Baths
2,276 Sq Ft
$203/Sq Ft Est. Value

Last Sold July 18, 2023

Last sale price $380,000 $167 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,724/month

5 Days on Market

Highlights

  • Beach
  • Gated Community
  • Private Lot
  • Community Boat Launch
  • Clubhouse
  • Multiple Fireplaces

About This Home

As of July 2023

This darling fully renovated cape cod at Lake Monticello will capture your attention! The open concept main floor welcomes you immediately with vaulted ceilings, hardwood floors, and a bright and fresh aesthetic. The living room offers an inviting gas fireplace open to the spacious dining area with access to the rear deck and fully fenced yard. Classic white kitchen boasts granite and stainless appliances. Don't miss the fabulous first floor primary en suite! Upstairs are two large bedrooms with a shared bath, both freshly painted. The fully finished basement really expands the living space offering a large rec room great for movie watching or to double as a guest space, a full finished bathroom, and a massive laundry and utility area. Also access to the 1 car garage! Walkable to Beach 2 and the golfcourse. This one is a real great find!

Last Agent to Sell the Property

Grier Murphy

NEST REALTY GROUP License #0225095030 Listed on: 06/07/2023

NEST REALTY GROUP

Last Buyer's Agent

JAY HURDLE

RE/MAX REALTY SPECIALISTS-CHARLOTTESVILLE License #0225058163

RE/MAX REALTY SPECIALISTS-CHARLOTTESVILLE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,325

Year Built

  • Built in 1999

Lot Details

  • 0.44 Acre Lot
  • Landscaped
  • Private Lot
  • Partially Wooded Lot
  • Property is zoned R-4 Residential

HOA Fees

  • $97 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Recessed Lighting
  • Multiple Fireplaces
  • Gas Log Fireplace
  • Insulated Windows
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Office

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Bathroom on Main Level
  • Primary bathroom on main floor

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Windows

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 1 Car Attached Garage
  • Side Facing Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Playground
  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Propane
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number INST 190002115

Community Details

Overview

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

Recreation

  • Community Boat Launch
  • Beach
  • Community Playground

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,325

Year Built

Built in 1999

Lot Details

0.44 Acres

HOA Fees

$97 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 1512
  • Below Grade Total Sq Ft: 764
  • Design: Cape Cod
  • L V T Date: 06/09/2023
  • Parcel Number: INST 190002115
  • Price Per Sq Ft: 166.96
  • Property Excluded: Bar in basement, fireplace in primary suite
  • Property Included: All appliances
  • Total Sq Ft: 2578
  • Total Unfinished Sq Ft: 302
  • Type of Construction: On Site Built
  • Zoning: R-4 Residential
  • Subdivision: LAKE MONTICELLO
  • Comments: Yes
  • Concatenated Rooms1: |Living Roo1|Dining Roo1|Kitchen1|Master Bed1|Full Bath1|Half Bath1|Bedroom2|Bedroom2|Full Bath2|Family RooB|Full BathB|LaundryB|
  • Structures Deck Porch: Porch
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Gas Logs, One
  • Laundry: Dryer, Dryer Hookup, Washer, Washer Hookup
  • Basement Type: Finished, Outside Entrance, Walk Out, Windows
  • Room 1: Living Room,On Level: 1
  • Room 2: Dining Room,On Level: 1
  • Room 3: Kitchen,On Level: 1
  • Room 4: Master Bedroom,On Level: 1
  • Room 5: Full Bath,On Level: 1
  • Room 6: Half Bath,On Level: 1
  • Room 7: Bedroom,On Level: 2
  • Room 8: Bedroom,On Level: 2
  • Room 9: Full Bath,On Level: 2
  • Room 10: Family Room,On Level: Basement
  • Room 11: Full Bath,On Level: Basement
  • Room 12: Laundry,On Level: Basement
  • Total Finished Sq Ft: 2276
  • Above Grade Finished Sq Ft: 1512
  • Basement: Yes
  • Below Grade Finished Sq Ft: 764
  • Fireplace Location: Living Room
  • Foundation: Concrete Block
  • Kitchen Appliances Feat: Breakfast Bar, Dishwasher, Disposal, Gas Range, Microwave, Recessed Light
  • Kitchen Cabinets Counters: Granite, Maple Cabinets
  • Land Description: Landscaped, Partly Wooded, Private
  • Level: 2 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 3.5
  • Below Grade Bathrooms: 1
  • Number of Main Level Bathrooms: 1.5
  • Number Beds: 3
  • Number Beds Main Level: 1
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Room Types: Bedroom, Dining Room, Family Room, Full Bath, Half Bath, Home Office, Kitchen, Laundry, Living Room, Master Bedroom
  • Room Types Level1: Dining Room (L1), Full Bath (L1), Half Bath (L1), Kitchen (L1), Living Room (L1), Master Bedroom (L1)
  • Room Types Level2: Bedroom (L2+), Full Bath (L2+)
  • Room Types Level B: Family Room (LB), Full Bath (LB), Home Office (LB), Laundry (LB)
  • Source of Sq Ft: Public Records

Exterior Features

  • Exterior: Vinyl
  • Number Of Acres: 0.44
  • Roof: Composition Shingle
  • Structure Floors: Carpet, Hardwood, Laminate
  • Structure Security: Gated Community, Security System, Smoke Detector(s)
  • Structure Window Ceiling: 9' Ceilings, Insulated Windows

Garage/Parking

  • Garage: Yes
  • Below Grade Unfinished Garage: 302
  • Garage Features: Attached, Auto Door, Faces Side
  • Number of Car Spaces: 1
  • Total Below Grade Garage: 302

Utilities

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

Condo/Co-op/Association

  • HOA/COA Amenities: Beach, Boat Launch, Clubhouse, Play Area
  • Association Setup Transfer Fee Type: $
  • Association Setup Transfer Fees: 855
  • Association Fee: HOA
  • Association Frequency: Annual
  • Association Includes: Beach, Boat Launch, Club House, Master Ins. Policy, Play Area, Prof. Mgmt., Road Maint, Security Force, Snow Removal, Trash Pickup
  • Association Fee: 1165

Lot Info

  • Lot Features: Public Road

Building Info

  • Year Built: 1999

Tax Info

  • Year: 2023
  • Taxes: 2325.22

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2023
Closed on
Jul 7, 2023
Sold by
Carr Christopher P and Carr Alexandra M
Bought by
Coleman Gerald William and Johnson Coleman Kanika
Seller's Agent
Grier Murphy
NEST REALTY GROUP
Buyer's Agent
JAY HURDLE
RE/MAX REALTY SPECIALISTS-CHARLOTTESVILLE
List Price
$359,900
Sold Price
$380,000
Premium/Discount to List
$20,100
5.58%
Views
36
Current Estimated Value
$462,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,464
Avg. Annual Appreciation
7.91%
Original Mortgage
$368,600
Outstanding Balance
$358,336
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$104,128

Purchase Details

Closed on
Jul 11, 2019
Sold by
Ward Christopher B and Ward Elizabeth J
Bought by
Carr Christopher P and Reisinger Alexandra M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,900
Interest Rate
3.82%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Coleman Gerald William $380,000 Old Republic National Title
Carr Christopher P $242,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coleman Gerald William $368,600
Previous Owner Carr Christopher P $229,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2023 07/18/23 Sold $380,000 +5.6% $167 / Sq Ft
06/12/2023 06/12/23 Pending -- -- --
06/07/2023 06/07/23 For Sale $359,900 -- $158 / 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 $2,928 $390,400 $30,000 $360,400
2024 $23 $275,500 $30,000 $245,500
2023 $2,325 $275,500 $30,000 $245,500
2022 $2,093 $240,600 $27,500 $213,100
2021 $2,093 $240,600 $27,500 $213,100
2020 $1,973 $213,300 $27,500 $185,800
2019 $1,973 $213,300 $27,500 $185,800
2018 $1,866 $205,700 $27,500 $178,200
2017 $1,866 $205,700 $27,500 $178,200
2016 $1,850 $201,700 $27,500 $174,200
2015 $1,749 $201,700 $27,500 $174,200
2014 $1,749 $198,700 $27,500 $171,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 642492

Charlottesville area Association of Realtors®

APN: 18A-3-148

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