Wonderful forested property with hard and softwood forests, creeks and wildlife. This property is in a designated growth area for Fluvanna County and has good short and long term investment potential.
Property Details
Property Features
Listing Office:
Office Name: FOXFYRE ENTERPRISES, INC
Office Phone: (434) 242-7500
Listing Agent: CLIFF FOX
Lot Features
Lot Information:
Lot Size: 49.78 Acres
Other
Directions Information:
Directions: Route #53 to Garden Lane to property on Left.
Price Information
Listing Price Info
Price Summary:
List Price: $622,250
Tax Information:
Annual Amount: $2,796
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Palmyra, VA.
This property is $272.2K more than the Median Sold Price in Palmyra, VA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CAAR
MLS Number: #613793
Listing Office:
Office Name: FOXFYRE ENTERPRISES, INC
Office Phone: (434) 242-7500
Listing Agent: CLIFF FOX
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.
$3,173
Per Month
Principal & Interest
$3,106
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)
$0
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
$1,932
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
5
/10
Stone Robinson Elementary School
958 N Milton Rd
Distance between this listing and this school7.24 miles
Public District Grades PK-5
6
/10
Carysbrook Elementary School
9172 James Madison Hwy
Distance between this listing and this school8.80 miles
Public District Grades 3-4
4
/10
Mountain View Elementary School
1757 Avon Street Ext
Distance between this listing and this school10.28 miles
Public District Grades PK-5
Nearby Schools
4
/10
Fluvanna Middle School
3717 Central Plains Rd
Distance between this listing and this school7.20 miles
Public District Grades 5-7
3
/10
Buford Middle School
1000 Cherry Ave
Distance between this listing and this school11.43 miles
Public District Grades 7-8
4
/10
Walton Middle School
4217 Red Hill Rd
Distance between this listing and this school11.53 miles
Public District Grades 6-8
Nearby Schools
5
/10
Fluvanna County High School
1918 Thomas Jefferson Pkwy
Distance between this listing and this school3.78 miles
Public District Grades 8-12
4
/10
Monticello High School
1400 Independence Way
Distance between this listing and this school9.93 miles
Public District Grades 9-12
5
/10
Murray
1200 Forest St
Distance between this listing and this school11.59 miles
The neighbors living near this home have an average income of $85,894. The majority of Palmyra, VA residents have income between $35k-100k annually. The majority of families are married, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 503 Garden Ln
What is the listing price of this property?
The listing price of 503 Garden Ln property is $622,250.
What type of property is this?
The property 503 Garden Ln is land located in Palmyra, Virginia, 22963.
Is this property for sale now?
Active Listing: 503 Garden 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 $2,796 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on August 3, 2017 for $262,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 503 Garden Ln in Palmyra, VA and zip code 22963. This home sits on a 49.78 acre lot. It has been listed on Rocket Homes since February 20, 2021 and is currently priced at $622,250.
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 homes for sale 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.