new - 2 days on rocket

331 Oliver Ridge Ln, Troy, VA, 22974

$525,000

Home List Price

$6,234*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
2,302 SqFt
$228/SqFt
House

Location

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331 Oliver Ridge Ln, Palmyra$525,000

Buyer Closing Credits

$6,234*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built2014
HeatingCentral, Heat Pump
CoolingCentral Air, Heat Pump
FireplaceGas/Propane
ViewGarden, Trees/Woods
MLS #659734
Lot Size2.00 Acres
StatusActive
(ACTIVE)

About 331 Oliver Ridge Ln

Impeccably built by Gibson Homes, this 4-bedroom, 2.5-bath, 2,302 sq ft home sits on 2 private, partly wooded acres, offering the perfect mix of luxury and tranquility. The heart of the home is the inviting eat-in kitchen, with its elegant 2-tier granite countertops, bar seating, white cabinetry, and stainless steel appliances?ideal for cooking and entertaining. Step outside to the sunny back deck, perfect for grilling and outdoor meals, or to unwind by the newly installed in-ground pool and neighboring gazebo. The formal dining room provides an elegant space for family gatherings. Work from home in the bright, spacious office with double doors and plenty of natural light. Retreat to the generous primary suite, with a spa-like bath featuring dual sinks, a soaking tub, and a walk-in closet. The large 4th bedroom above the garage offers endless possibilities as a guest suite, rec room, or home gym. With both formal and casual living spaces, this home has it all, as well as a temperature-controlled encapsulated crawl space! Conveniently located only 5 minutes from Zion Crossroads and 15 minutes from Pantops/Charlottesville. Don?t miss this rare find?schedule your private showing or join us at the open house this Sat 01/04, 12-2PM!,Granite Counter,Painted Cabinets,White Cabinets,Fireplace in Living Room

Property Details

Property Features

Property Information:

  • Architectural Style: Craftsman
  • Year Built: 2014
  • Stories: 2
  • Living Area: 2,302 SqFt

Listing Office:

  • Office Name: STORY HOUSE REAL ESTATE
  • Office Phone: (434) 260-1435
  • Listing Agent: SASHA TRIPP

Interior Features

Interior Information:

  • Appliances: Dryer, Washer
  • Basement: No
  • Flooring Type: Carpet, Ceramic Tile, Hardwood
  • Interior: Primary Bath(s)
  • Fireplace: Gas/Propane

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: Garden, Trees/Woods
  • Exterior: Play Area

Lot Features

Lot Information:

  • Lot: Landscaped, Level, Private, Open Lot, Wooded, Sloped, Secluded
  • Lot Size: 2.00 Acres

Utilities

Utilities Information:

  • Heating: Central, Heat Pump
  • Cooling: Central Air, Heat Pump

Other

Directions Information:

  • Directions: Heading on I-64 E, take Union Mills Rd exit and turn right on Union Mills Rd, turn left on US-250/Richmond Rd, turn right on Oliver Creek Rd, turn left on Oliver Ridge Ln, and the house is on your left!

Price Information

Listing Price Info

Price Summary:

  • List Price: $525,000
  • Price Per SqFt: $228/SqFt

Tax Information:

  • Annual Amount: $2,659
  • 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

331 Oliver Ridge Ln vs Palmyra

2 DAYS ON ROCKET

-21 Days

$525,000

+$169.8K More

$228/SqFt

+$24 More

KEY TAKEAWAY

This property is $169.8K more than the Median Sold Price and $24/SqFt more than other homes in Palmyra, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CAAR
  • MLS Number: #659734

Listing Office:

  • Office Name: STORY HOUSE REAL ESTATE
  • Office Phone: (434) 260-1435
  • Listing Agent: SASHA TRIPP

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: 1/4/2025, 11:55:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 27, 2021Home Sold
$377,000
Dec 03, 2014Home Sold
$255,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,659$300,800
2020$2,594$280,400
2019$2,594$280,400
2018$2,310$254,700
2017$2,310$254,700

History based on county public records data.

Payment Calculator

$2,688

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,640

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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-460942
5
/10

  • Stone Robinson Elementary School

  • 958 N Milton Rd

  • 8.34 miles

  • Public District Grades PK-5

school-card-donut-460943
6
/10

  • Moss - Nuckols Elementary School

  • 2055 Courthouse Rd

  • 8.96 miles

  • Public District Grades PK-5

school-card-donut-460944
6
/10

  • Carysbrook Elementary School

  • 9172 James Madison Hwy

  • 10.84 miles

  • Public District Grades 3-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $72,938. The majority of Palmyra, VA residents have income between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 331 Oliver Ridge Ln

What is the listing price of this property?

The listing price of 331 Oliver Ridge Ln property is $525,000.

What type of property is this?

The property 331 Oliver Ridge Ln is a house located in Troy, Virginia, 22974.

Is this property for sale now?

Active Listing: 331 Oliver Ridge Ln 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 $2,659 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 27, 2021 for $377,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 331 Oliver Ridge Ln has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 331 Oliver Ridge Ln is 2,302 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 331 Oliver Ridge Ln is 2014.

Rocket Homes›Virginia›Fluvanna County›Palmyra›22974›331 Oliver Ridge Ln

This home is located at 331 Oliver Ridge Ln in Troy, VA and zip code 22974 in the Zion Crossroads neighborhood. This 2,302 square foot home, which was built in 2014, sits on a 2.00 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 02, 2025 and is currently priced at $525,000.

In December 2024, from all listings sold in Palmyra, VA there were more than 9 sold above asking price, over 9 sold below and more than 4 were sold right at the asked price. In December 2024 in Palmyra, VA there were 10.8% less homes for sale than in November 2024. In December 2024 median list price was $355,177 and the average listing age was 23 days.

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

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