new - 5 days on rocket

12506 James Madison Hwy, Palmyra, VA, 22963

$360,000

Home List Price

$4,275*

Closing Credit

4 Bedrooms
3 Full Baths
2,268 SqFt
$159/SqFt
House

Location

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12506 James Madison Hwy, Palmyra$360,000

Buyer Closing Credits

$4,275*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1900
CoolingCentral Air
BasementYes
MLS #659928
Lot Size8.78 Acres
StatusActive
(ACTIVE)

About 12506 James Madison Hwy

Farmhouse and two parcels totaling 8.78 ac. 4 beds/3 baths. Hardwood floors in original structure/Primary bed addition has subfloor and carpet. Beautiful woodwork trim and inside transom windows that open and close. House needs updating and is being sold as/where is. Seller will make no repairs. Any personal items left at settlement convey" carports/shipping containers/some vehicles & Single wide Trailer to be moved off property.,Formica Counter,Wood Cabinets

Property Details

Property Features

Property Information:

  • Architectural Style: Farmhouse/National Folk
  • Year Built: 1900
  • Stories: 2
  • Living Area: 2,268 SqFt

Listing Office:

  • Office Name: LONG & FOSTER - LAKE MONTICELLO
  • Office Phone: (434) 589-7653
  • Listing Agent: GENEVIEVE A REILLY

Interior Features

Interior Information:

  • Appliances: Dryer, Washer
  • Basement: Yes
  • Flooring Type: Carpet, Ceramic Tile, Hardwood, Vinyl
  • Interior: Entry Level Bedroom

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Lot Features

Lot Information:

  • Lot Size: 8.78 Acres

Utilities

Utilities Information:

  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Zion Crossroads take 15 S thru Palmyra property on your left after Haden Martin Rd

Price Information

Listing Price Info

Price Summary:

  • List Price: $360,000
  • Price Per SqFt: $159/SqFt

Tax Information:

  • Annual Amount: $2,269
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Palmyra, VA.

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Palmyra, VA

City

Med. Sold Price

$355.1K

Med. Price/SqFt

$204

Avg. Days On Market

23

# of Sold Homes

22

12506 James Madison Hwy vs Palmyra

5 DAYS ON ROCKET

-18 Days

$360,000

+$4.8K More

$159/SqFt

-$45 Less

KEY TAKEAWAY

This property is $4.8K more than the Median Sold Price and $45/SqFt less than other homes in Palmyra, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CAAR
  • MLS Number: #659928

Listing Office:

  • Office Name: LONG & FOSTER - LAKE MONTICELLO
  • Office Phone: (434) 589-7653
  • Listing Agent: GENEVIEVE A REILLY

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/15/2025, 5:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,269$256,700
2020$2,088$225,700
2019$2,088$225,700
2018$1,907$210,300
2017$1,907$210,300

History based on county public records data.

Payment Calculator

$1,864

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,146

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2535946
6
/10

  • Carysbrook Elementary School

  • 9172 James Madison Hwy

  • 2.75 miles

  • Public District Grades 3-4

school-card-donut-2535947
6
/10

  • Moss - Nuckols Elementary School

  • 2055 Courthouse Rd

  • 12.45 miles

  • Public District Grades PK-5

school-card-donut-2535948
5
/10

  • Stone Robinson Elementary School

  • 958 N Milton Rd

  • 13.21 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,381. Residents of Palmyra, VA typically earn between $35k-100k each year. Most families are married, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 12506 James Madison Hwy

What is the listing price of this property?

The listing price of 12506 James Madison Hwy property is $360,000.

What type of property is this?

The property 12506 James Madison Hwy is a house located in Palmyra, Virginia, 22963.

Is this property for sale now?

Active Listing: 12506 James Madison Hwy is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,269 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 12506 James Madison Hwy has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 12506 James Madison Hwy is 2,268 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 12506 James Madison Hwy is 1900.

Rocket Homes›Virginia›Fluvanna County›Palmyra›22963›12506 James Madison Hwy

This home is located at 12506 James Madison Hwy in Palmyra, VA and zip code 22963. This 2,268 square foot home, which was built in 1900, sits on a 8.78 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 09, 2025 and is currently priced at $360,000.

In December 2024 more than 9 listings in Palmyra, VA were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 9 were sold below. In December 2024 in Palmyra, VA there were 10.8% less homes for sale than in November 2024. In December 2024, listings were on the market for 23 days. During the same period, the median list price in this real estate market was $355,177.

From Rocket Homes Real Estate and based on county public records data.

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