$75,000
SOLD MAR 25, 2016

2055 Free Union Rd Meadows of Dan, VA 24120

2 Beds
1 Bath
1,152 Sq Ft
5.9 Acres

Recently Sold

$65 Per Sq Ft

1,397 Days on Market

Highlights

  • Home fronts a pond
  • Wood Burning Stove
  • Spring on Lot
  • 257,004 Sq Ft lot
  • Barn or Farm Building
  • Wood Flooring

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 Agent to Sell the Property

Karen Wilson

Five Star Mountain Realty Brokerage Phone: 2766949952 License #0225058528 Listed on: 05/16/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $576

Year Built

  • Built in 1940

Lot Details

  • 5.9 Acre Lot
  • Home fronts a pond
  • Property is in good condition

Home Design

  • Composition Roof
  • Vinyl Siding
  • Lead Paint Disclosure

Interior Spaces

  • 1,152 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace
  • Wood Burning Stove
  • Blinds
  • Living Room
  • Fire and Smoke Detector
  • Electric Range

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Basement

  • Block Basement Construction
  • Crawl Space

Outdoor Features

  • Spring on Lot
  • Porch

Schools

  • Meadows Of Dan Elementary School
  • Patrick County High School

Farming

  • Barn or Farm Building

Utilities

  • Window Unit Cooling System
  • Floor Furnace
  • Baseboard Heating
  • Spring water is a source of water for the property
  • Electric Water Heater
  • Septic Tank

Community Details

  • Meadows Of Dan Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$576

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: .
  • Subdivision Name: Meadows of Dan
  • Directions: From Jeb Stuart Hwy in Meadows Of Dan and the Blue Ridge Parkway take Jeb Stuart Hwy east to right on Free Union Rd, property is at the fork of Free Union Road and Cherry Creek Road, sign in place
  • Carport Y N: No
  • Garage Yn: No
  • Year Built: 1940
  • RoomBedroomLevel: First
  • RoomBathroomLevel: First
  • Attribution Contact: 2766949952
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Electric Range, Refrigerator
  • Other Equipment: No Farm Equipment
  • Has Basement: Block, Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: 1, Wood Burning Stove
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: 1st Floor Bedroom, Ceiling Fan(s)
  • Living Area: 1152
  • Window Features: Blinds
  • Living Room Living Room Level: First
  • Room Family Room Level: First

Exterior Features

  • Waterfront Features: Pond, Spring
  • Disclosures: Lead Paint
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Other Structures: Barn(s), Other
  • Patio And Porch Features: Porch
  • Property Condition: Good
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: None

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Floor Furnace
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Utilities On
  • Water Source: Spring

Schools

  • Elementary School: Meadows of Dan
  • High School: Patrick County High School
  • Middle Or Junior School: Patrick County OTHER

Lot Info

  • Lot Size Sq Ft: 257004
  • Zoning: Other
  • ResoLotSizeUnits: Acres

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%
Current Estimated Value
$148,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,564
Avg. Annual Appreciation
7.81%
Original Mortgage
$90,000
Outstanding Balance
$72,201
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$78,901
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $75,000 Appalachian Title Co Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $90,000 New Conventional
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: Martinsville, Henry & Patrick Counties 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
2025 $576 $78,900 $47,900 $31,000
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

Agents Affiliated with this Home

  • K

    Seller's Agent in 2016

    Karen Wilson

    Five Star Mountain Realty

    Section Image

  • M

    Buyer's Agent in 2016

    Mls Non

    Non Mls Real Estate

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Map

Source: Martinsville, Henry & Patrick Counties Association of REALTORS®

MLS Number: 124281

APN: 45140308

Virginia Patrick County Meadows Of Dan 24120

2055 Free Union Rd, Meadows Of Dan, VA

This home is located at 2055 Free Union Rd, Meadows of Dan, VA 24120 and is currently priced at $75,000, approximately $65 per square foot. This property was built in 1940. 2055 Free Union Rd is a home located in Patrick County with nearby schools including Patrick County High School.

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