NOT LISTED FOR SALE

2684 Chapel Spring Ln Free Union, VA 22940

Estimated Value: $1,561,000 - $3,510,000

3 Beds
2 Baths
1,850 Sq Ft
$1,226/Sq Ft Est. Value

Last Sold December 15, 2023

Last sale price $3,250,000 $1,757 Per Sq Ft

Est. 30% decrease in value since last sale

Current estimated payment $12,572/month

14 Days on Market

Highlights

  • Stables
  • 87.38 Acre Lot
  • Wood Flooring
  • Ivy Elementary School Rated A-
  • Pasture Views
  • Main Floor Bedroom

About This Home

As of December 2023

Nestled within the serene Albemarle countryside, this magnificent 87-acre farm offers an unparalleled opportunity for equestrian enthusiasts and nature lovers alike. Boasting breathtaking mountain vistas and lush rolling fields, Oakfields is a sanctuary of natural beauty and excellent equine infrastructure. The primary barn is a gem, featuring 15 stalls, wash rack, feed room, tack room, office, hayloft, washer and dryer, and a cozy apartment with kitchen and updated full bathroom. The large open areas around the primary barn allow for easy horse trailer and tractor parking. A conveniently located large run-in shed provides shaving storage along with a workshop. There is a separate run-in shed barn with grooming stall, tack room, and abundant hay storage. The expansive outdoor riding ring, professionally redone in 2021, measures 215ft x 100ft, ensuring the perfect arena for training and enjoyment. Oakfields provides ample turnout options with most fields utilizing run-in sheds with hay racks. The attractive main house includes three bedrooms and two full baths, along with privacy and covered porches to enjoy the tranquil setting. This pristine land is not under conservation easement, allowing for endless possibilities.,Fireplace in Living Room

Last Agent to Sell the Property

COURT NEXSEN

(646) 660-0700 court@mcleanfaulconer.com MCLEAN FAULCONER INC., REALTOR License #0225245746[104877] Listed on: 09/13/2023

Last Buyer's Agent

Lorrie Nicholson

(434) 825-4088 lnicholson@nestrealty.com NEST REALTY GROUP License #0225078113[846]

NEST REALTY GROUP

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $21,484

Year Built

  • Built in 1978

Lot Details

  • 87.38 Acre Lot
  • Partially Fenced Property
  • Sloped Lot
  • Property is zoned RA, Rural Area

Property Views

  • Pasture
  • Mountain
  • Garden

Home Design

  • Farm
  • Block Foundation
  • Metal Roof

Interior Spaces

  • 1,850 Sq Ft Home
  • Property has 2 Levels
  • Central Vacuum
  • Wood Burning Fireplace
  • Mud Room
  • Living Room
  • Office or Studio
  • Wood Flooring
  • Microwave

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Henley Middle School
  • Western Albemarle High School

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Paddocks
  • Tack Room
  • Run-In Shed
  • Stables
  • Arena

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Well
  • Septic Tank

Additional Features

  • Shed
  • Hay Barn

Community Details

  • No Home Owners Association
  • Oakfields Community

Property Details

Property Type

Other

Est. Annual Taxes

$21,484

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Farm
  • Building Total Sq Ft: 1850.00
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: Other
  • Stories: 0

Interior Features

  • Appliances: Dryer, Washer, Microwave, Refrigerator
  • Flooring Type: Hardwood
  • Interior Amenities: Central Vacuum, Walk-In Closet(s), Entry Level Bedroom
  • Fireplace Features: Wood
  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Living Room, Primary Bedroom, Kitchen, Mud Room, Office, Primary Bathroom, Full Bath, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1850
  • Living Area Sq Ft: 1850
  • Price Per Sq Ft: 1729.73
  • Above Grade Finished Sq Ft: 1850
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2684

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Barn/Farm Building, Hay Barn, Run-in Shed, Office/Studio, Barn, Shed
  • Construction Completed: No
  • Roof: Metal
  • View: Mountain, Pasture, Garden/Lawn
  • Water Oriented: No
  • Pool: No Pool
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Forced Air, 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
  • Senior Community: 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

  • Horses: Yes
  • Barn Features: Tack Room
  • Fencing: Partially
  • Horse Amenities: Arena, Paddock, Stable(s), Horses Allowed
  • Lot Features: Sloping
  • Lot Size Acres: 87.38
  • Zoning: RA
  • Zoning Description: Rural Area

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 21484.00
  • Tax Year: 2023
  • Close Date: 12/15/2023

MLS Schools

  • School District Name: ALBEMARLE COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2023
Closed on
Dec 7, 2023
Sold by
Oakfields Llc
Bought by
Cs Farm Llc
Seller's Agent
COURT NEXSEN
MCLEAN FAULCONER INC., REALTOR
Buyer's Agent
Lorrie Nicholson
NEST REALTY GROUP
List Price
$3,200,000
Sold Price
$3,250,000
Premium/Discount to List
$50,000
1.56%
Views
16
Current Estimated Value
$2,267,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$982,053
Avg. Annual Appreciation
-18.03%

Purchase Details

Closed on
Dec 8, 2005
Sold by
Rinehart Susan M and Rinehart Stephanie Marion
Bought by
Oakfields Llc
Source: Public Records

Range of Values:

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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
Cs Farm Llc $3,250,000 Chicago Title
Oakfields Llc -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Sold $3,250,000 +1.6% $1,757 / Sq Ft
09/27/2023 09/27/23 Pending -- -- --
09/13/2023 09/13/23 For Sale $3,200,000 -- $1,730 / 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 $5,995 $1,504,400 $1,061,400 $443,000
2024 $5,626 $1,491,500 $1,061,400 $430,100
2023 $5,065 $1,476,600 $1,061,400 $415,200
2022 $4,583 $1,348,500 $975,900 $372,600
2021 $4,270 $1,359,600 $1,027,000 $332,600
2020 $4,417 $1,314,900 $956,500 $358,400
2019 $4,314 $1,302,400 $956,500 $345,900
2018 $2,025 $1,311,900 $997,900 $314,000
2017 $4,073 $1,317,900 $997,900 $320,000
2016 $4,113 $490,200 $165,000 $325,200
2015 $1,989 $485,600 $167,500 $318,100
2014 -- $461,200 $151,700 $309,500
Source: Public Records

Agents Affiliated with this Home

  • COURT NEXSEN

    Seller's Agent in 2023

    COURT NEXSEN

    MCLEAN FAULCONER INC., REALTOR

    (646) 660-0700

    71 Total Sales

    COURT NEXSEN
    Section Image
  • Lorrie Nicholson

    Buyer's Agent in 2023

    Lorrie Nicholson

    NEST REALTY GROUP

    (434) 825-4088

    142 Total Sales

    Lorrie Nicholson
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 645686

Bright MLS

APN: 01600-00-00-04600

Virginia Albemarle County Free Union 22940

2684 Chapel Spring Ln, Free Union, VA

This home is located at 2684 Chapel Spring Ln, Free Union, VA 22940 since 13 September 2023 and is currently estimated at $2,267,947, approximately $1,225 per square foot. This property was built in 1978. 2684 Chapel Spring Ln is a home located in Albemarle County with nearby schools including Ivy Elementary School, Joseph T. Henley Middle School, and Western Albemarle High School.

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