See Home Value
$359,000
House - Off Market

38 MARWOOD DR

PALMYRA, VA 22963
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1641 Sqft
$357,665
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

NEW TO THE MARKET! Open House Sun 9/10 1-4PM. Built 2022, almost NEW beautiful 4 bed 2.5 bath home in Lake Monticello with all amenities to enjoy!  Quiet cul-de-sac street with spacious wooded reserve area in back, enjoy nature and plenty of outdoor space for gardening, play and entertaining.  This lovely home offers MAIN LEVEL MASTER SUITE with ceiling fan, walk-in closet and bath.  Easy open-concept design with light filled living room, half-bath, modern kitchen w/ stainless steel appliances, plenty of cabinet space & eat-in island.  Upgraded LVP flooring in foyer, kitchen, dining & half bath.  Dining area has sliding patio door opening to 10 x 12 deck overlooking spacious backyard and private wooded area.  Upstairs are 3 additional bedrooms, one w/ nice walk-in closet, full hall bath, generous laundry room, extra storage closets, LED lighting, pull down attic stairs for storage.  Large two car garage with door opener, worktable and side pedestrian door.  Appliances, roof, systems are all under 2 years old!!  Enjoy the Lake amenities including golf, lake access, beaches, pool, boat launch & docks, play areas, pickleball, tennis, clubhouse, ball field and more.  Close to schools, shopping and gate access.  Don't miss this one!,Formica Counter,Wood Cabinets
Unit Size
1,641Ft²
Days on Market
38 days
Land Size
0.34 acres
Price per sqft
$219
Property Type
House
Property Taxes
$182
HOA Dues
$2,088
Year Built
2022
Last updated: 9 months ago (Bright MLS #645349)

Price History

Date / Event Date Event Price
Oct 11, 2023 Sold to Kevin Russo $359,000
Sold to Kevin Russo
Sep 12, 2023 In contract -
In contract
Sep 2, 2023 Listed by REAL ESTATE III - NORTH $359,000
Listed by REAL ESTATE III - NORTH
Jan 12, 2022 Sold to Leigh Ann Ayers $281,677
Sold to Leigh Ann Ayers
Jan 7, 2020 No longer available -
No longer available
Show More

Property Highlights

Garage
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 14,985
  • Total Building Area: 1,641
  • Building Area: 1,641
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,641
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LAKE MONTICELLO
  • Land Acres: 0.344
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: INST 220000124 EDGEWOOD-12 LOT 496 15,000 SF

Ownership

  • Current Owner : RUSSO KEVIN
  • Previous Owner : AYERS LEIGH ANN
  • Owner Before Previous Owner: LIBERTY HOMES VA INC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Fluvanna County Public Schools
  • Census Tract: 020104

Zoning

  • Zoning: R-4

Geography

  • Account Number: 632
  • District: 05
  • Parcel: 18A 12 496
  • Block: 49
  • Municipality: LAKE MONTICELLO
  • Latitude: 37.9237
  • Longitude: -78.3321

    Address

  • Full Address: 38 Marwood Dr
  • Address - House Number: 38
  • Address - Street Name: Marwood
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Palmyra
  • Carrier Code: R009
  • 4-Digit Zip Code: 2815
  • Zip Code: 22963

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,188

    Appraisal Valuation

  • Standard Deviation: 0.1553
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 80
  • Final Value: 357,680
  • High Value: 413,246
  • Low Value: 302,113

    Market Valuation

  • Market Total Value: $259,300
  • Market Land Value: $30,000
  • Market Improvement Value: $229,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $259,300
  • Assessed Land Value: $30,000
  • Assessed Improvements Value: $229,300

    Sales

  • Current Sale Contract Date: Oct 04, 2023
  • Current Sale Recording Date: Oct 11, 2023
  • Current Sale Transaction ID: 11914609121
  • Current Sale Price: $359,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2832
  • Previous Sale Recording Date: Jan 12, 2022
  • Previous Sale Contract Date: Oct 20, 2021
  • Previous Sale Amount: $281,677
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: ATLANTIC COAST MORTGAGE, LLC
  • Previous Mortgage Transaction Date: Jan 12, 2022
  • Previous Mortgage Loan Amount: $284,522
  • Previous Mortgage Loan Due Date: Feb 01, 2052



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
4 Baths
1,664 ft²
$230/ft²
$382,000 Feb 15, 2023
$382,000 Apr 3, 2023
$2,020/mo
House
4 Beds
4 Baths
1,816 ft²
$184/ft²
$335,000 Jun 29, 2023
$335,000 Aug 30, 2023
-
House
4 Beds
3 Baths
1,176 ft²
$332/ft²
$390,000 Aug 10, 2023
$390,000 Sep 25, 2023
$1,953/mo
House
3 Beds
3 Baths
1,478 ft²
$237/ft²
$349,900 Jun 6, 2023
$349,900 Jul 17, 2023
$947/mo
House
3 Beds
3 Baths
1,900 ft²
$161/ft²
$305,000 Mar 8, 2023
$305,000 Apr 20, 2023
$1,916/mo
House
3 Beds
2 Baths
2,108 ft²
$190/ft²
$400,000 Mar 29, 2023
$400,000 May 17, 2023
$2,038/mo
House
4 Beds
3 Baths
1,803 ft²
$188/ft²
$339,409 Aug 31, 2023
-
$2,093/mo
House
3 Beds
3 Baths
1,779 ft²
$208/ft²
$370,000 Jul 13, 2023
-
$2,100/mo
House
3 Beds
3 Baths
1,440 ft²
$212/ft²
$305,000 Sep 26, 2023
-
-
House
3 Beds
2 Baths
1,518 ft²
$222/ft²
$337,000 Oct 5, 2023
-
$100/mo
House
3 Beds
3 Baths
1,400 ft²
$223/ft²
$312,775 Aug 30, 2023
-
$2,020/mo
In Contract
House
4 Beds
2.5 Baths
1,792 ft²
$167/ft²
$299,999 Jun 22, 2023
-
$1,357/mo

About Lake Monticello


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Frequently Asked Questions

When was property at 38 Marwood Drive built and last sold?
The property at 38 Marwood Drive was built in 2022 and last sold on Oct 4, 2023 for $359,000.
How much is this home worth?
The estimated value of the home located at 38 Marwood Drive is $363,297.
What are some comparable homes to 38 Marwood Drive?
Homes that are comparable to 38 Marwood Drive include a house property at 7 Briarwood Road, 6 Kingswood Road, 4 Kingswood.

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