Dream Lake Monticello Golf-Front Retreat! Stunning 4 bed, 3.5 home boasts an array of desirable features designed for both comfort & style. Greeted by the impressive 2 story living room, solid hardwoods, elegant plantation blinds & floor-to-ceiling cozy gas fireplace framed w/shiplap, creating a warm & inviting atmosphere. Modern kitchen showcases 42" maple cabinets, corian counters, island, built-in trash can, recessed lights & top-of-the-line SS apps. Enjoy meals at the breakfast bar or vaulted sunroom, which floods the space w/natural light. Covered screened gazebo & wrap around back deck, perfect for entertaining. Laundry features ample counters. Primary bedroom conveniently located on the main level w/9? ceilings, double vanity, soaking tub, detached shower & walk-in closet. 2nd story: 3 spacious bedrooms w/unique nooks, full bath w/double vanity, ceramic tile & storage in attic w/partial flooring. No entry steps in finished terrace w/bonus room/possible 5th bed, family room, providing a perfect space for guests. Dual-zone HVAC system, recently upgraded upstairs in 2024. Charming front porch swing an ideal spot for relaxing & enjoying the serene surroundings. Oversized garage & easy access to Slice Gate!,Maple Cabinets,Fireplace in Living Room
This property is $169.9K more than the Median Sold Price and $53/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: #657185
Listing Office:
Office Name: LONG & FOSTER - LAKE MONTICELLO
Office Phone: (434) 589-7653
Listing Agent: THE GUNNELS GROUP
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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,762
Per Month
Principal & Interest
$2,595
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$100
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,625
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Carysbrook Elementary School
9172 James Madison Hwy
Distance between this listing and this school7.23 miles
Public District Grades 3-4
5
/10
Stone Robinson Elementary School
958 N Milton Rd
Distance between this listing and this school8.72 miles
Public District Grades PK-5
4
/10
Mountain View Elementary School
1757 Avon Street Ext
Distance between this listing and this school11.95 miles
Public District Grades PK-5
Nearby Schools
4
/10
Fluvanna Middle School
3717 Central Plains Rd
Distance between this listing and this school5.74 miles
Public District Grades 5-7
4
/10
Walton Middle School
4217 Red Hill Rd
Distance between this listing and this school12.97 miles
Public District Grades 6-8
3
/10
Buford Middle School
1000 Cherry Ave
Distance between this listing and this school13.09 miles
Public District Grades 7-8
Nearby Schools
5
/10
Fluvanna County High School
1918 Thomas Jefferson Pkwy
Distance between this listing and this school2.25 miles
Public District Grades 8-12
4
/10
Monticello High School
1400 Independence Way
Distance between this listing and this school11.60 miles
Public District Grades 9-12
5
/10
Murray
1200 Forest St
Distance between this listing and this school13.22 miles
The neighbors living near this home have an average income of $90,638. Typical income of Palmyra, VA residents is between $35k-100k annually. Typical family type is married, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 198 Jefferson Dr
What is the listing price of this property?
The listing price of 198 Jefferson Dr property is $519,900.
What type of property is this?
The property 198 Jefferson Dr is a house located in Palmyra, Virginia, 22963.
Is this property for sale now?
Active Listing: 198 Jefferson Dr 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 $3,119 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on May 31, 2019 for $330,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 198 Jefferson Dr has 4 bedrooms and 3 full and 1 half bathrooms.
What is the square footage of this property?
The property 198 Jefferson Dr is 3,499 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 198 Jefferson Dr is 2005.
This home is located at 198 Jefferson Dr in Palmyra, VA and zip code 22963. This 3,499 square foot home, which was built in 2005, sits on a 0.48 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 25, 2024 and is currently priced at $519,900.
While more than 13 listings in Palmyra, VA in October 2024 were sold above asking price, there were more than 5 listings sold at asking price, and more than 12 were sold below. The number of listings in Palmyra, VA increased by 13.7% between September 2024 and October 2024. In October 2024 median list price was $350,000 and the average listing age was 14 days.
From Rocket Homes Real Estate and based on county public records data.