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1 Tara Ct, Palmyra, VA, 22963

3beds
2baths
1,650sqft
$380,000
$230price/sqft
$2,533/moest. monthly cost
$101,320/yrincome needed

About This Home

This FULLY RENOVATED 3-bed, 2-bath, 1650 fin sq ft LAKE MONTICELLO home features SEASONAL WATER VIEWS, a FIRST FLOOR BEDROOM AND FULL BATH, and valuable improvements such as a NEW ROOF, GUTTERS, WINDOWS, DECKING, LIGHTING, and more! NEW KITCHEN featuring shaker white cabinets, black stainless steel apron sink, a dedicated custom coffee bar, Carrera Marble backsplash, BUTCHER-BLOCK COUNTERTOPS, under-cabinet lighting, and stainless steel appliances! Enjoy thoughtful attention to detail throughout such as new doors and hardware, shiplap ceilings, custom barn doors, motion-sensored lighting, Bluetooth speaker fan in both bathrooms, and more! Entertain on the BACK DECK or around the STONE FIRE PIT within the FENCED-IN BACKYARD! Rest easy in the PRIMARY SUITE featuring TWO CLOSETS, a new tub with subway tile surround, and spacious glass shower! Enjoy the CONVENIENCE of being located just 1 minute from the pool & main beach, on a QUIET CUL-DE-SAC. Community amenities include POOL, BEACHES, LAKE, TRAILS, CLUBHOUSE, GOLF, and more!

Getting Around

11
WalkingCar-Dependent
0
TransitVery Limited Transit
21
BikeSomewhat Bikeable

Schools

6/10
Fluvanna MiddleGrades 5-76.9 mi
6/10
--

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1988

Materials

  • Foundation: Block
  • Roof: Composition,Shingle
  • Construction materials: Stick Built,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range,Disposal,Microwave,Refrigerator,Dryer,Washer

Bathroom

  • Level: First

Bathroom

  • Level: Second

Bedroom

  • Level: First

Bedroom

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Bonus Room

  • Level: Second

Dining Room

  • Level: First

Features

  • Remodeled,Breakfast Bar,Eat-in Kitchen,Recessed Lighting
  • Window features: Double Pane Windows
  • Flooring: Luxury Vinyl Plank
  • Number of fireplaces: 1
  • Fireplace features: One,Wood Burning,Wood BurningStove
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,650

Heating & Cooling

  • Heating features: Heat Pump
  • Cooling features: Heat Pump

Interior Area

  • Total structure area: 1,650
  • Total interior livable area: 1,650 sqft

Kitchen

  • Level: First

Laundry

  • Level: First

Living Room

  • Level: First

Master Bedroom

  • Level: Second

Property

Details

  • Parcel number: 18A 1 43
  • Zoning description: R-4 Residential

Features

  • Levels: Two
  • Stories: 2
  • Pool features: Community,Pool,Association
  • Patio & porch: Deck

Lot

  • Lot size: 0.30 Acres
  • Features: Landscaped,Level,Private

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Strong Wind
Inland Flooding
Tornado
Winter Weather

FEMA Declared Disasters Across Virginia Counties

Severe Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,921$23,052
Home Insurance *$139$1,668
Property Taxes $271$3,252
Electricity $202$2,433
Total$2,533$30,396
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$86,845/yr
40% on housing$75,990/yr
45% on housing$67,546/yr

Virginia FAIR Plan Programs

Virginia Property Insurance Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 22,622Commercial: 503
Total Premiums$20.86M
Total Exposure$4.29B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.5%
8.5%
0%30.0%
Electricity Growth Rate10-year average: 7.8%
7.8%
0%15.0%
Property Taxes Growth Rate2-year average: 4.0%
4.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$230This listing

vs Other Active Listings

Avg $/sqft

ZIP 22963$205
Fluvanna County$195

vs Homes Sold Last Month

Median $/sqft

ZIP 22963$192
Fluvanna County$212

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-11Listed for sale$397,500
2026-04-29Listing removed$399,797
2026-04-19Listed for sale$399,797
2023-09-05Sold$369,000
2023-07-20Pending sale$375,000
2023-07-13Listed for sale$375,000
2021-03-31Sold$186,000
2021-02-23Pending sale$199,900
2021-02-22Price change$199,900
2021-02-16Listed for sale$205,900
2021-01-29Pending sale$205,900
2021-01-25Listed for sale$205,900
2010-06-19Listing removed$185,000
2009-06-19Listed for sale$185,000

For Sale by Agent

AgentJAMIE WHITE
BrokerageJAMIE WHITE REAL ESTATE

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