NOT LISTED FOR SALE

2055 Free Union Rd Meadows of Dan, VA 24120

Estimated Value: $140,000 - $182,000

2 Beds
1 Bath
1,152 Sq Ft
$136/Sq Ft Est. Value

Last Sold March 25, 2016

Last sale price $75,000 $65 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $882/month

243 Days on Market

Highlights

  • Barn
  • Home fronts a pond
  • Pond
  • Horses Allowed On Property
  • Wood Burning Stove
  • Living Room with Fireplace

About This Home

As of March 2016

Really sweet farmette with older maintained home. 2 Bedroom with living room and family room. New front porch overlooks yard with apple and pear trees, a spring fed stocked pond and garden area. Barn and outbuildings. Woodstove in the living room along with a oil furnace. New survey. Price is slashed, house is being sold as is.

Last Listed By

Karen Wilson

Five Star Mountain Realty License #225058528 Listed on: 06/26/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $576

Year Built

  • Built in 1940

Lot Details

  • Home fronts a pond
  • Private Yard
  • Garden
  • Property is in good condition

Home Design

  • Farmhouse Style Home
  • Bungalow
  • Shingle Roof
  • Vinyl Trim

Interior Spaces

  • 1,152 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Storage
  • Attic Access Panel
  • Storm Doors
  • Electric Range
  • Property Views

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Outdoor Features

  • Pond
  • Spring on Lot
  • Storage Shed
  • Porch

Utilities

  • Floor Furnace
  • Heating System Uses Oil
  • Electric Baseboard Heater
  • Spring water is a source of water for the property
  • Electric Water Heater
  • Septic System

Additional Features

  • Barn
  • Horses Allowed On Property

Listing and Financial Details

  • Assessor Parcel Number 4514-308

Home Details

Home Type

Single Family

Est. Annual Taxes

$576

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Appearance: Good
  • Estimated Total Finished Sq Ft: 1152
  • Class: Residential
  • County Or City: Patrick
  • Deed Bk Pg Instrumnt: WB36/508
  • Legal Description: 5.9 Acre
  • Master On Main: Yes
  • Miscellaneous: Breakers
  • Number Rooms: 7
  • Parcel Nbr: 4514-308
  • Porch Dim Descrip: 20X7
  • Property Sub Type: Detached
  • Style Structure Home: Bungalow/Cottage, Farm House
  • Water Frontage: Pond
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Flooring: Carpet, Hardwood, Vinyl
  • Appliances: Range/Electric, Refrigerator
  • Attic: Access Only
  • Bedrooms: 2
  • Fireplace: Living Room, Wood Stove, Woodburning
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fan(s), Extra Storage

Exterior Features

  • Exterior Features: Garden Space, Porch, Private Yard, Storage Shed, Storm Doors
  • Exterior Finish: Vinyl
  • Roofing: Shingle

Utilities

  • Heating: Baseboard-Electric, Electric, Floor Furnace, Oil, Wood Stove
  • Sewer: Septic
  • Water: Spring

Schools

  • School District: Patrick County
  • Elementary School: Meadows of Dan
  • High School: Patrick County

Lot Info

  • Land Description: Barn, Pond, Spring, State Maintained Rd, Suitable For Horses, View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2015
Closed on
Mar 16, 2016
Sold by
Gregory Melissa Clifton and Clifton Mary Wood
Bought by
Morrison Molly W
Seller's Agent
Karen Wilson
Five Star Mountain Realty
Buyer's Agent
Mls Non
Non Mls Real Estate
List Price
$125,000
Sold Price
$75,000
Premium/Discount to List
-$50,000
-40%
Total Days on Market
243
Current Estimated Value
$157,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,209
Avg. Annual Appreciation
7.76%
Original Mortgage
$90,000
Outstanding Balance
$73,153
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$75,090

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Morrison Molly W $75,000 Appalachian Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morrison Molly W $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2016 03/25/16 Sold $75,000 0.0% $65 / Sq Ft
03/25/2016 03/25/16 Sold $75,000 -40.0% $65 / Sq Ft
03/14/2016 03/14/16 Pending -- -- --
02/24/2016 02/24/16 Pending -- -- --
06/26/2015 06/26/15 For Sale $125,000 +66.7% $109 / Sq Ft
05/16/2012 05/16/12 For Sale $75,000 -- $65 / Sq Ft
Source: New River Valley Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $576 $78,900 $47,900 $31,000
2023 $576 $78,900 $47,900 $31,000
2022 $576 $78,900 $47,900 $31,000
2021 $537 $78,900 $47,900 $31,000
2020 $596 $87,600 $47,900 $39,700
2019 $596 $87,600 $47,900 $39,700
2018 $499 $87,600 $47,900 $39,700
2017 -- $87,600 $47,900 $39,700
2016 $429 $75,200 $35,500 $39,700
2015 -- $75,200 $35,500 $39,700
2014 -- $85,500 $41,700 $43,800
Source: Public Records

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Source: New River Valley Association of REALTORS®

MLS Number: 319664

New River Valley Association of REALTORS®

APN: 45140308