NOT LISTED FOR SALE

2473 Chapel Spring Ln Free Union, VA 22940

Estimated Value: $1,461,000 - $1,592,000

3 Beds
3 Baths
2,972 Sq Ft
$510/Sq Ft Est. Value

Last Sold June 17, 2024

Last sale price $1,450,000 $488 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $9,087/month

65 Days on Market

Highlights

  • Private Pool
  • 2 Fireplaces
  • Central Heating and Cooling System
  • Ivy Elementary School Rated A-
  • No HOA

About This Home

As of June 2024

Local craftsman combined portions of three Virginia log cabins to create this hidden residence in the heart of Free Union. Sited on 18 acres with pastoral and Blue Ridge views, this property is the perfect Albemarle escape. Pool and pool house.

Last Agent to Sell the Property

Peter Wiley

(434) 422-2090 peter@wileyproperty.com WILEY REAL ESTATE-CHARLOTTESVILLE License #0225089365[1888] Listed on: 01/01/2024

Last Buyer's Agent

Carter Montague

(434) 962-3419 carterm@montaguemiller.com MONTAGUE, MILLER & CO. - WESTFIELD License #0225050474[2002]

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,418

Year Built

  • Built in 1985

Lot Details

  • 18.32

Home Design

  • Stone Foundation
  • Metal Roof
  • Log Siding

Interior Spaces

  • Property has 2 Levels
  • 2 Fireplaces

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Basement

  • Walk-Out Basement
  • Partial Basement

Parking

  • Garage
  • Basement Garage

Schools

  • Henley Middle School
  • Western Albemarle High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Well
  • Septic Tank

Additional Features

  • Private Pool
  • 18.32 Acre Lot

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,418

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Building Total Sq Ft: 3368.00
  • Inclusions: pool furniture
  • New Construction: No
  • Story List: Main
  • Year Built: 1985
  • Remarks Public: Local craftsman combined portions of three Virginia log cabins to create this hidden residence in the heart of Free Union. Sited on 18 acres with pastoral and Blue Ridge views, this property is the perfect Albemarle escape. Pool and pool house.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Stone
  • Levels Count: 2
  • Room List: Full Bath
  • Basement: Yes
  • Basement Type: Partial, Walkout Level
  • Living Area Units: Square Feet
  • Total Sq Ft: 2972
  • Living Area Sq Ft: 2972
  • Price Per Sq Ft: 563.76
  • Above Grade Finished Sq Ft: 2572
  • Below Grade Finished Sq Ft: 400
  • Total Below Grade Sq Ft: 400
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2473

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Log
  • Construction Completed: No
  • Roof: Metal
  • Water Oriented: No
  • Pool: Yes - Personal
  • Water View: No

Garage/Parking

  • Garage: No
  • Garage Features: Basement Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Central, Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Septic Exists
  • Water Source: Well
  • Internet Services: Fiber Optic

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: ALBEMARLE COUNTY PUBLIC SCHOOLS
  • Middle School: HENLEY
  • High School: WESTERN ALBEMARLE
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121141540441
  • School District Source: Listing Agent
  • High School: WESTERN ALBEMARLE
  • Middle Or Junior School: HENLEY

Lot Info

  • Lot Size Acres: 18.32
  • Zoning: R
  • Zoning Description: Residential

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 11418.00
  • Tax Year: 2024
  • Close Date: 06/17/2024

MLS Schools

  • School District Name: ALBEMARLE COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2024
Closed on
Jun 8, 2024
Sold by
Bresticker Michael A and Culbertson Sandra
Bought by
Wilkinson Donald M and Wilkinson Lauren D
Seller's Agent
Peter Wiley
WILEY REAL ESTATE-CHARLOTTESVILLE
Buyer's Agent
Carter Montague
MONTAGUE, MILLER & CO. - WESTFIELD
List Price
$1,450,000
Sold Price
$1,450,000
Views
2
Current Estimated Value
$1,515,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,763
Avg. Annual Appreciation
3.44%
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 Buyer Sale Price Title Company
Wilkinson Donald M $1,450,000 Old Republic National Title In
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2024 06/17/24 Sold $1,450,000 0.0% $488 / Sq Ft
03/06/2024 03/06/24 Pending -- -- --
01/01/2024 01/01/24 For Sale $1,450,000 -- $488 / Sq Ft
Source: Bright MLS

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 $12,233 $1,368,300 $425,800 $942,500
2024 -- $1,337,100 $410,800 $926,300
2023 $11,239 $1,316,000 $410,800 $905,200
2022 $8,286 $1,216,400 $377,200 $839,200
2021 $7,399 $1,126,400 $396,500 $729,900
2020 $6,981 $1,089,100 $369,600 $719,500
2019 $6,735 $1,060,200 $369,600 $690,600
2018 $6,027 $1,000,200 $388,400 $611,800
2017 $6,046 $1,005,300 $388,400 $616,900
2016 $5,890 $702,000 $103,600 $598,400
2015 $5,584 $681,800 $104,400 $577,400
2014 -- $654,600 $94,300 $560,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 654084

Bright MLS

APN: 01600-00-00-052B0