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858 Jefferson Drive

858 Jefferson Drive, Palmyra, VA 22963
Property in Fluvanna
Sold Mar 23, 2023
$292,000
$286,711 by Atlantic Bay Mortgage Group Ll
Mortgage Due Apr 01, 2053
Sold Apr 04, 2022
$147,000
$220,000 by Johnston Family Trust
Mortgage
858 Jefferson Drive has been categorized by the local assessors in Palmyra, VA as a residential type of property. The building on the property was first built in 1985 and is 39 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 858 Jefferson Drive has 1,404 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 13,112 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 598 sqft. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of wood. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heat pump and being fueled with electricity. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Mar 15, 2023 for $292,000. That's $207.98 per sqft. Prior to that sales transaction, the property was also sold in Mar 31, 2022 for $147,000. 858 Jefferson Drive was last assessed in 2023. The total value of the property was assessed at $169,900. Specifically, the land the property is located on was valued at $28,500. While improvements on the property were assessed at a total of $141,400. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $1,434. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Type: Unspecified basement
  • Basement Area: 2,584
  • Garage Type: Garage
  • Garage Square Area: 598
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,112
  • Total Building Area: 1,404
  • Building Area: 1,404
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,404
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FALCON HILLS
  • Land Acres: 0.301
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: INST 220001247 ASHLAWN-1 LOT 162 13,123 SF

Ownership

  • Current Owner : LANE STEVEN COLIN
  • Previous Owner : FFC PROPERTIES LLC
  • Owner Before Previous Owner: WRIGHT III JOSEPH W
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R-4

Geography

  • Account Number: 3728
  • District: 05
  • Parcel: 18A 1 162
  • Block: 16
  • Municipality: LAKE MONTICELLO
  • Latitude: 37.9226
  • Longitude: -78.3144

    Address

  • Full Address: 858 Jefferson Dr
  • Address - House Number: 858
  • Address - Street Name: Jefferson
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Palmyra
  • Carrier Code: R005
  • 4-Digit Zip Code: 3302
  • Zip Code: 22963

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,434

    Appraisal Valuation

  • Standard Deviation: 0.1912
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 294,778
  • High Value: 351,159
  • Low Value: 238,396

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $286,711
  • First Open Lien Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Open Lien Mortgage Recording Date: Mar 23, 2023
  • First Open Lien Mortgage Loan Amount: $286,711
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2053

    Market Valuation

  • Market Total Value: $169,900
  • Market Land Value: $28,500
  • Market Improvement Value: $141,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $169,900
  • Assessed Land Value: $28,500
  • Assessed Improvements Value: $141,400

    Sales

  • Current Sale Contract Date: Mar 15, 2023
  • Current Sale Recording Date: Mar 23, 2023
  • Current Sale Transaction ID: 11904286476
  • Current Sale Price: $292,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 732
  • Previous Sale Recording Date: Apr 04, 2022
  • Previous Sale Contract Date: Mar 31, 2022
  • Previous Sale Amount: $147,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Mortgage Transaction Date: Mar 23, 2023
  • First Mortgage Loan Amount: $286,711
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: JOHNSTON FAMILY TRUST
  • Previous Mortgage Transaction Date: Apr 04, 2022
  • Previous Mortgage Loan Amount: $220,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Lake Monticello



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Frequently Asked Questions

What neighborhood is 858 Jefferson Drive located in?
The 858 Jefferson Drive is a located in the neighborhood of Fluvanna in Lake Monticello, Palmyra.
What is the average sales price for listings in 858 Jefferson Drive?
The average sales price for units in 858 Jefferson Drive is $0 currently.

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