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5 Chatham Ln, Palmyra, VA 22963

$531,000

Last sold 05/12/2025 for $351K

4
bed
3
bath
2,883
Sqft ($122/Sqft)

House not for sale

About 5 Chatham Ln

Property type House

Year built 1994

HOA fee $103/month

Lot size 0.33 Acre

Movoto estimate

Property description

Welcome to 5 Chatham Lane, a spacious 2,883 sq ft home in the sought-after Lake Monticello community. This 4-bedroom, 2.5-bath home on a 0.33-acre lot blends charm, comfort, and convenience. Relax on the wrap-around front porch or entertain year-round on the large screened-in rear porch overlooking the private backyard. Inside, the main level features two fireplaces, creating a warm and inviting atmosphere in the living and family rooms. The kitchen offers ample cabinetry, modern appliances, and seamless flow into the dining area, perfect for gatherings. The primary suite boasts an en-suite bath upstairs, while three additional bedrooms provide space for guests, a home office, or hobbies. A matching site-built shed provides ample storage for tools and outdoor gear. Located in Lake Monticello, residents enjoy five sandy beaches, an 18-hole golf course, tennis, a clubhouse, a pool, walking trails, and dining. A fantastic opportunity for comfortable living in Palmyra, VA! The listing agent is related to the seller.

Listed by

Listing Agent - KEITH SMITH

Listing Agent Contact: CELL: 434-531-0817

Listing Office - YES REALTY PARTNERS

Source: CAAR MLS

MLS#662148 • last updated 7 months ago

Movoto checked CAAR MLS for data 18 minutes ago

Overview
Cooling/AC	Central Air
Heating	Heat Pump
Levels/Style	Two, 2
MLS #	662148
Status	Closed
SubType	Detached
Living Area	2883
Lot Size (Acres)	0.33
Property Tax	2683.92
HOA Fee	Annually, 1238
Year Built	1994

Interior
Total # of Bathrooms	3
# of Full Baths	2
# of Half Baths	1
Total # of Bedrooms	4
Interior Features	Utility Room

Exterior
Foundation	Block, Sealed
Construction	Stick Built

Amenities / Utilities
Water Source	Community/Coop
Pool	Association
HOA Amenities	BeachRights, BasketballCourt, BoatDock, BoatRamp, Clubhouse, SportCourt, GolfCourse, MeetingBanquetPartyRoom, Pool, SportsFields, TennisCourts

Location
Subdivision	LAKE MONTICELLO
Elementary School	Central (Fluvanna)
High School	Fluvanna
APN	18A 1 337
Zoning	R-4 Residential
Directions	From The Main Gate Of Lake Monticello, Turn Left Onto Jefferson Drive And Follow It For Approximately 2-3 Miles, Then Turn Right Onto Woodbridge Drive, Continue To Chatham Road, Turn Right, And The House Will Be On The Right.

$531K

Range: $435K-$626K

Last 30 days

Lower your payment with the loan terms that fit you.

May 2025
MLS # 662148
May 12, 2025 Sold
$351,500
May 12, 2025 Sold
$351,500 (-14.3%)
Mar 28, 2025 Pending
—
Mar 28, 2025 Pending
—
Mar 20, 2025 Listed
$340,000
Mar 20, 2025 Listed
$340,000
Apr 2025
Public Records
Apr 29, 2025 Sold
$410,200 (+20.6%)

Year Property taxes Tax assessment
2024
$3,077 +14.6%

$410,200 +28.99%
2023
$2,684

$318,000
2022
$2,684 +16.5%

$318,000 +20.09%
2021
$2,304 -1.6%

$264,800
2020
$2,341 +4.1%

$264,800 +8.88%
2019
$2,250 +21.2%

$243,200 +6.29%
2017
$1,857

$228,800
2016
$1,857

$228,800 +4.33%
2015
$1,857

$219,300
2014
$1,857

—

5 Chatham Ln
$351K
—
22963
$389K -4% y/y
Palmyra
$389K -4% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
3 Chatham Ln, Palmyra, VA 22963	$408,000	3/2	1,768	0.01
7 Chatham Ln, Palmyra, VA 22963	$473,000	3/2	1,672	0.02
62 Jefferson Dr, Palmyra, VA 22963	$328,000	3/2	1,152	0.03
64 Jefferson Dr, Palmyra, VA 22963	$370,000	3/2	1,556	0.03
66 Jefferson Dr, Palmyra, VA 22963	$349,000	3/2	1,400	0.03
5 Woodridge Rd, Palmyra, VA 22963	$467,000	4/2	2,517	0.03
9 Chatham Ln, Palmyra, VA 22963	$501,000	3/2	1,924	0.04
3 Woodridge Rd, Palmyra, VA 22963	$312,000	3/2	1,196	0.04

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.