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125 Tulip Drive

125 Tulip Drive, Palmyra, VA 22963
Property in Fluvanna
Sold Sep 20, 2018
$108,000
$156,000 by Capital Center Llc
Mortgage Due Dec 01, 2040
Sold Sep 09, 2011
$3,818,000
125 Tulip Drive in Palmyra, VA was first built in 2018 and is 6 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 7 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 125 Tulip Drive has 1,623 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,623 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 7,187 square feet.

Learn more about the property and building on this page. There is a screened porch. The home has a gable style roof made of composition shingle. Water for the property is sourced from a well system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. For those who need parking, there is a garage. The garage is 441 sqft. There are a total of 2 available parking spaces. The condition of the building has been evaluated as good. The exterior walls of the home are made of alum/vinyl siding. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heat pump and being fueled with electricity. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 125 Tulip Drive was last sold in Aug 15, 2018 for $108,000. According to our calculations, that's $66.54 per sqft. Prior to that sales transaction, the property was sold for $3,818,000 in Sep 8, 2011. Current property owners are expected to pay $3,506 in taxes per year. The property on 125 Tulip Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $415,400. To break that down further, the land itself was valued at $40,000. While improvements to the property were assessed at a total of $375,400. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Type: Finished improved basement
  • Basement Area: 1,623
  • Garage Type: Garage
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 7,187
  • Total Building Area: 1,623
  • Building Area: 1,623
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,623
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: NAHOR VILLAGE
  • Land Acres: 0.165
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: INST 180001196 AC 0.165 NAHOR VILLAGE

Ownership

  • Current Owner : SOUTHERN PROPERTY LLC
  • Previous Owner : NVA PROPERTIES LLC
  • Owner Before Previous Owner: ACRES DEVELOPMENT LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R-3

Geography

  • District: 05
  • Parcel: 17A 1 33
  • Block: 3
  • Municipality: LAKE MONTICELLO
  • Latitude: 37.9076
  • Longitude: -78.3432

    Address

  • Full Address: 125 Tulip Dr
  • Address - House Number: 125
  • Address - Street Name: Tulip
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Palmyra
  • Carrier Code: R008
  • 4-Digit Zip Code: 6228
  • Zip Code: 22963

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,506

    Appraisal Valuation

  • Standard Deviation: 0.1822
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 448,875
  • High Value: 530,699
  • Low Value: 367,050

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $156,000
  • First Open Lien Mortgage Lender: CAPITAL CENTER LLC
  • First Open Lien Mortgage Recording Date: Nov 13, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $156,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2040

    Market Valuation

  • Market Total Value: $415,400
  • Market Land Value: $40,000
  • Market Improvement Value: $375,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $415,400
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $375,400

    Sales

  • Current Sale Contract Date: Aug 15, 2018
  • Current Sale Recording Date: Sep 20, 2018
  • Current Sale Transaction ID: 11509092901
  • Current Sale Price: $108,000
  • Current Sale Document Type: Correction Deed
  • Current Sale Input Document Number: 1802919
  • Previous Sale Recording Date: Sep 09, 2011
  • Previous Sale Contract Date: Sep 08, 2011
  • Previous Sale Amount: $3,818,000
  • Previous Sale Document Type: Special Warranty Deed

About Lake Monticello



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Frequently Asked Questions

What neighborhood is 125 Tulip Drive located in?
The 125 Tulip Drive is a located in the neighborhood of Fluvanna in Lake Monticello, Palmyra.
What is the average sales price for listings in 125 Tulip Drive?
The average sales price for units in 125 Tulip Drive is $0 currently.

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