tomo logo

$975,000

Beds
3
Baths
4.5
sq ft
7,122

1692 Broken Island Rd, Palmyra, VA 22963

1692 Broken Island Rd

PALMYRA, VA 22963

  • 12 days on market
Magnificent custom built residence with over 7,100 sq.ft. of gracious living space. Located in Broken Island - one of Fluvanna's finest neighborhoods - with 60 acres common area, and your own long Rivanna River frontage with direct access to lush, scenic walking trails. This home is in excellent, move-in condition offering 4 bedrooms, 4.5 baths, including a delightful first floor master suite opening onto the exceptional spacious deck with lovely private views. Amazing Great Room opening to an updated kitchen with new stainless steel appliances. Plus the extraordinary Terrace Level offers a huge amount of additional living space with a family room, office, exercise room, wine cellar, hobby space and more, with access to outside patio. The owners have loved, beautifully maintained and improved this truly wonderful home. Priced well below county tax assessed value. Your own fishing / canoe spot one of the most scenic spots on the Rivanna River! Easy to show - Don't miss it!,Granite Counter,Wood Cabinets,Fireplace in Great Room,Fireplace in Master Bedroom,Fireplace in Rec Room

Details

Property type

Single Family Residence

Est. home value

$1,004,083

Lot size

3.41 acres

Price per sq ft

$137

Year built

2005

Annual property taxes

$9,943.16

HOA

Yes

Price History

03/31/2025
Bright

Bright #662186

Listed
$975,000

Schools & Community

Elementary school: 

CENTRAL

Middle school: 

FLUVANNA

High school: 

FLUVANNA

School district: 

FLUVANNA COUNTY PUBLIC SCHOOLS

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Usaa Fsb

Loan start date

November 2012

Original loan amount

$332,015

Est. remaining balance

$234,315

Interest rate

3.39%

Loan type

New Conventional, 30 year

Seller

Kenneth R Karr and Cheryl A Karr

Lender

Usaa Fsb

Loan start date

September 2005

Original loan amount

$125,000

Est. remaining balance

Not provided

Interest rate

5.4%

Loan type

Credit Line (Revolving), 20 year

Seller

Kenneth R Karr and Cheryl A Karr

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/02/2025 at 4:05 PM

Listing updated: 03/31/2025 at 10:34 AM

Listed by: WILL FAULCONER, MCLEAN FAULCONER INC., REALTOR Phone #: (434) 295-1131

MLS: Bright #662186

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