118 Jefferson Dr, Palmyra, VA 22963

**AUCTION** List price is tax assessment value only. Selling price to be determined at auction. Bidding will start at $25,000 and sells subject to seller confirmation. Property will be auctioned by Mountain Valley Auction Group via online-only auction. Online bidding will close at 1 PM ET on May 22, 2025. Property is being sold AS IS and is subject to a 10% buyer's premium pursuant to the terms and conditions. Please visit the Mountain Valley Auction Group website for a full list of auction information, including all terms and conditions. VAF1028 We are offering at online auction the real estate and improvements located at 118 Jefferson Dr Palmyra VA 22963. This 3 bedroom, 2 bath home sits on a 0.44 +/- acre corner lot at Lake Monticello. Lake Monticello is a gated country club lake and golf community that is regularly ranked as one of the top places to live in VA. This house features 1,394 sq ft of single level living space with a two car attached garage.    Located in Fluvanna County just 15 miles southeast of Charlottesville and 65 miles northwest of Richmond, Lake Monticello offers families and retirees a place to get away from the hustle and bustle of the city yet remain close enough for convenient access to airports, shopping, and dining amenities. Lake Monticello is a 325 acre freshwater lake with its own 18 hole par 72 golf course, clubhouses, dining, beaches, swimming pool, parks,  and other amenities.  As a homeowner these are all features that add to the family feel of this great community.    This home was constructed in 1988. It features a spacious living room with gas fireplace and built in bookshelves, large kitchen, screened in back porch, and two car garage. It sits on a nice corner lot with a paved driveway. It is served by municipal water and sewer. Kitchen appliances convey with the house. The house could use some cosmetic updates but appears to be structurally sound. This property is a part of a homeowners association and subject to the restrictions and policies of the association. Please see the documents tab for HOA documents.  Annual HOA fee is $1,168. Our seller has moved to a more manageable living situation and we have been instructed us to sell this property at public auction. This is not a foreclosure auction. Our seller has elected to use transparent and competitive bidding to establish the sales price of the property. Don't miss this great opportunity to own a solid home in a very desirable neighborhood.