NOT LISTED FOR SALE

268 Veranda Bay Dr Union Hall, VA 24176

Estimated Value: $1,955,000 - $2,309,000

5 Beds
6 Baths
5,100 Sq Ft
$417/Sq Ft Est. Value

Sale Details

Date Sold: November 16, 2020

Last sale price $1,299,900 $255 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $11,897 / mo

259 Days on Market

Highlights

  • 227 Feet of Waterfront
  • Home Theater
  • Lake View
  • 3 Dock Slips
  • Spa
  • Deck

About This Home

As of November 2020

This home is magnificent but wait till you see the flat lot & 3 slip dock with cabana, you get it all! Full in-law-suite on lake level. Stone fireplace up and down. $150K of upgrades in a home that was already awesome Both full kitchens have granite and upgraded cabinets with SS upgraded appliances. 5 BR 3 Full & 3 half baths and home theater room. The owners love the peaceful neighborhood, beautiful sunsets, driving their golf carts throughout the neighborhood and having coffee in their reading area or on the glassed in porch. Whole house generator, irrigation system, new rip rap, no maintenance brick chip, gated lower level patio & 500 gallon propane tank round out a lot of the exterior upgrades. Continued....See Addendum Public Remarks 1

Last Agent to Sell the Property

Mary Lou McDonald

ML REALTY License #0225059567 Listed on: 01/31/2020

Last Buyer's Agent

Jody Lyons

LYONS TEAM, REALTORS(r) License #0225058838

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,500

Year Built

  • Built in 2006

Lot Details

  • 38,333 Sq Ft Lot
  • 227 Feet of Waterfront
  • Level Lot
  • Cleared Lot

Home Design

  • Stone Siding
  • Dryvit Stucco
  • Stucco

Interior Spaces

  • 1.5-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Insulated Doors
  • Great Room with Fireplace
  • 2 Fireplaces
  • Home Theater
  • Recreation Room with Fireplace
  • Sun or Florida Room
  • Storage
  • Laundry on main level
  • Lake Views
  • Alarm System

Kitchen

  • Electric Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 1 Car Attached Garage
  • 8 Open Parking Spaces
  • Tuck Under Garage
  • Garage Door Opener
  • Assigned Parking

Outdoor Features

  • Spa
  • Personal Watercraft Lift
  • Rip-Rap
  • Dock has a Storage Area
  • Boat Hoist or Davit
  • 3 Dock Slips
  • Deck
  • Covered Patio or Porch

Schools

  • Glade Hill Elementary School
  • Ben Franklin Middle School
  • Franklin County High School

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • The Retreat Subdivision

Listing and Financial Details

  • Tax Lot 4

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,500

Year Built

Built in 2006

Lot Details

0.88 Acres

Listing Details

  • Interior Features: Alarm, Cathedral Ceiling, Ceiling Fan, Hot Tub, Storage, Theater Room, Walk-in-Closet
  • Heating System: Heat Pump Electric, Zoned Heat
  • Fireplace(s): Great Room, Recreation Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Dishwasher, Garage Door Opener, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric, Zoned Cooling
  • Outside Features: Covered Porch, Deck, Hot Tub, Patio, Paved Driveway, Sunroom
  • Views: Lake, Sunset
  • Addl Covered Parking S Q F T: 450
  • AddlCoveredPrkng: Garage Under
  • BedroomsBREntryLevel: 2
  • EntryAboveGrdFin Sq Ft: 2400.00
  • ExteriorDoors: Insulated, Sliding
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsLowerLvl: 1
  • HalfBathsHalfBathsEntryLvl: 2
  • LaundryLaundryEntryLevel: 1
  • LengthOfWaterfront: 227.00
  • LowerBelowGrdFin Sq Ft: 2020.00
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBRLowerLvl: 1
  • NumberAddCovSpaces: 1.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Attached
  • Residential Type: Detached
  • Style Of House: 1.5 Story
  • Total Above Grd Fin S Q F T: 3080
  • TotalBdrm: 5
  • TotalBths: 3.30
  • TotalCovdPrkSpc: 1.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 5100.00
  • TotalHBaths: 3
  • TotalUnfin Sq Ft: 400.00
  • UncoveredNumberSpaces: 8.00
  • Uncovered Parking: Designated Spaces
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 400.00
  • UpperAboveGrdFin Sq Ft: 680.00
  • Water Class: Waterfront Property
  • WaterDetailsChannelMarker: B33
  • WaterDetailsNumberCoveredSlips: 3
  • WaterDetailsRiverOrOther: B33
  • WaterDetailsShorelineMgmtPlan: Yes
  • Water Htr Energy: Electric
  • WaterID: Smith Mtn Lake
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch, Rear Porch

Utilities

  • Sewer Description: Private Septic - 3BR
  • Water Description: Public Water
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: In-Law Quarters, Paved Road, Underground Util

Lot Info

  • Lot Description: Cleared, Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.88
  • Lot: 4

Green Features

  • Water Features: Main Channel, Riprap Shoreline, Southern Exposure

Rental Info

  • Tenant: call owner for apt.

Building Info

  • Year Built: 2006

Tax Info

  • Taxes (6 mo): 4500.00

MLS Schools

  • Elementary School: Glade Hill
  • HighSchool: Franklin County
  • Middle School: Ben Franklin Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2020
Closed on
Nov 6, 2020
Sold by
Hergrueter Donald L and Hergrueter Terri M
Bought by
Purvis Jeffrey S and Purvis Colleen M
Seller's Agent
Mary Lou McDonald
ML REALTY
Buyer's Agent
Jody Lyons
LYONS TEAM, REALTORS(r)
List Price
$1,299,000
Sold Price
$1,299,900
Premium/Discount to List
$900
0.07%
Current Estimated Value
$2,128,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$828,865
Avg. Annual Appreciation
9.53%
Original Mortgage
$974,250
Outstanding Balance
$693,711
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,435,054

Purchase Details

Listed on
Jan 1, 2017
Closed on
Nov 15, 2017
Sold by
Lenz Robert G and The Amended And Restated Decla
Bought by
Hergrueter Donald L and Hergrueter Terri M
Seller's Agent
Sheila Plyler
WATERMARK REALTY LLC
Buyer's Agent
Mary Lou McDonald
ML REALTY
List Price
$978,500
Sold Price
$928,500
Premium/Discount to List
-$50,000
-5.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.04%
Original Mortgage
$400,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2016
Sold by
Lenz Robert G
Bought by
Lenz Robert G

Purchase Details

Closed on
Oct 11, 2006
Sold by
Lester Development Corp
Bought by
Lenz Robert G and Lenz Lorraine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Purvis Jeffrey S $1,299,900 Fidelity National Ttl Ins Co
Hergrueter Donald L $928,500 Fidelity National Title Insu
Lenz Robert G -- None Available
Lenz Robert G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Purvis Jeffrey S $974,250
Previous Owner Hergrueter Donald L $400,000
Previous Owner Lenz Robert G $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/16/2020 11/16/20 Sold $1,299,900 +0.1% $255 / Sq Ft
10/16/2020 10/16/20 Pending -- -- --
01/31/2020 01/31/20 For Sale $1,299,000 +39.9% $255 / Sq Ft
11/30/2017 11/30/17 Sold $928,500 -5.1% $182 / Sq Ft View Prior Sale
10/20/2017 10/20/17 Pending -- -- --
01/01/2017 01/01/17 For Sale $978,500 -- $192 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

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 $8,252 $1,919,100 $230,000 $1,689,100
2024 $8,252 $1,919,100 $230,000 $1,689,100
2023 $5,878 $963,600 $175,000 $788,600
2022 $5,878 $963,600 $175,000 $788,600
2021 $5,878 $963,600 $175,000 $788,600
2020 $5,878 $963,600 $175,000 $788,600
2019 $5,783 $948,100 $175,000 $773,100
2018 $5,783 $948,100 $175,000 $773,100
2017 $5,215 $1,130,200 $265,000 $865,200
2016 $5,215 $1,130,200 $265,000 $865,200
2015 -- $1,130,200 $265,000 $865,200
2014 -- $1,130,200 $265,000 $865,200
2013 -- $1,130,200 $265,000 $865,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 866434

Roanoke Valley Association of REALTORS®

APN: 0520900400

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