When was property at 875 Jefferson Drive built and last sold?

The property at 875 Jefferson Drive was built in 1982 and last sold on Dec 27, 2023 for $240,000.

How much is this home worth?

The estimated value of the home located at 875 Jefferson Drive is $270,667.

What are some comparable homes to 875 Jefferson Drive?

There are currently no comparable homes to 875 Jefferson Drive.

Lake Monticello

22963

875 JEFFERSON DR

$245,000

● House - Off Market

875 JEFFERSON DR

PALMYRA, VA 22963

3 Beds

2 Baths

2,076 Ft²

$2,181

Est. Monthly

$855

HOA / Fees

6.40%

Cap Rate

About This Property

Great price in Lake Monticello. This fixer-upper is ready for an investor or adventurous buyer! The standout feature for this home is the oversized garage, offering ample amounts of space, plus an additional loft which would make a great art studio or workshop. The large deck is great for entertaining and easily accessible. Don?t miss your chance to take on this project! The possibilities are endless! Act fast and make this home yours!!!

Unit Size

2,076 Ft²

Days on Market

52 days

Land Size

0.31 acres

Price per sqft

$130

Property Type

House

Property Taxes

$190

HOA Dues

$855

Year Built

1982

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (Bright MLS #657572)

Price History

Date / Event	Date	Event
Mar 17, 2025	Sold	Premium
Sold
Jan 25, 2025	In contract	-
In contract
Oct 7, 2024	Listed by JAMIE WHITE REAL ESTATE	$270,000
Listed by JAMIE WHITE REAL ESTATE
Feb 15, 2024	Sold	Premium
Sold
Nov 26, 2023	In contract	-
In contract
Sep 6, 2023	Listed by JAMIE WHITE REAL ESTATE	$280,000
Listed by JAMIE WHITE REAL ESTATE

Property Highlights

Air Conditioning

Building Info

Overview

General

Year Built: 1982

Effective Year Built: 1982
Total Rooms: 5
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Building Condition: 6
Building Quality: 0
Construction Type: 0
Building Style: 0
Exterior Walls Type: 19
Interior Walls Type: 3
Roof Shape Type: 1
Roof Cover Type: 3
Floor Count: 100
Floor Cover: 15
Basement Type: 9
Basement Area: 192
Garage Type: 7
Garage Square Area: 816
Parking Space Count: 3
Patio Type: 20
Porch Type: 8
Pool Type: 0

Dimensions

Lot Size Square Feet: 13,329

Total Building Area: 2,076
Building Area: 2,076
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 13
Heating: 8
Heated Square Feet: 2,076
Heating Fuel Type: 2

Utilities

Sewer System: 1

Water Service: 2

Building

Building Type: 0

Property Class: R
Land Acres: 0000000306
Standard Land Use Code: 1001
County Land Use Code: 10
Legal Description 1: DB 147-163 ASHLAWN-1 LOT 253 13,351 SF

Neighborhood

School District Name: Fluvanna County Public Schools

Census Tract: 020104

Zoning

Zoning: R-4

Geography

Account Number: 1195

District: 05
Parcel: 18A 1 253
Block: 25
Municipality: LAKE MONTICELLO
Latitude: 37.9231
Longitude: -78.3115

Address

Full Address: 875 Jefferson Dr

Address - House Number: 875
Address - Street Name: Jefferson
Address - Suffix Type: Dr
State: VA
City Name: Palmyra
Carrier Code: R005
4-Digit Zip Code: 3311
Zip Code: 22963

Valuation

Tax

Tax Year: 2023

Tax Amount: $228,555

Appraisal Valuation

Standard Deviation: 0.0746

Valuation Date: Feb 21, 2024
Confidence Score: 95
Final Value: 316,234
High Value: 339,831
Low Value: 292,637

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $270,800

Market Land Value: $30,000
Market Improvement Value: $240,800

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $270,800
Assessed Land Value: $30,000
Assessed Improvements Value: $240,800

Sales

Current Sale Contract Date: Dec 27, 2023

Current Sale Recording Date: Feb 15, 2024
Current Sale Price:

Premium
Current Sale Document Type: 27
Current Sale Input Document Number: 378

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Lake Monticello

Stats & Trends

Median Asking:

$374,000

Sale Price/ft²

$191

Below Asking

0.02%

Average Days on Market

115

Average Home Size

2718 ft²

Average Home Age

1 years

Currently For Sale

1 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 21 Stonewall Rd, PALMYRA, VA, 22963

$2,500 /mo

4 Beds
2 Baths
2,190 ft²

21 Stonewall Rd, PALMYRA, VA, 22963 Listing by JOHNNY JOHNSON

Unit for rent at 43 S Bearwood Dr, PALMYRA, VA, 22963

$2,300 /mo

3 Beds
2 Baths
1,601 ft²

43 S Bearwood Dr, PALMYRA, VA, 22963 Listing by GENEVIEVE A REILLY

Unit for rent at 93 Archer Dr, PALMYRA, VA, 22963

$2,500 /mo

4 Beds
3 Baths
2,886 ft²

93 Archer Dr, PALMYRA, VA, 22963 Listing by GENEVIEVE A REILLY

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: JAMIE WHITE
JAMIE WHITE REAL ESTATE
Last Updated: 6 hours ago
Data Source: Bright MLS , MLS# 657572

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, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information 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 the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.

875 JEFFERSON DR

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Lake Monticello

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions