NOT LISTED FOR SALE

40 Meadow Wood Place Union Hall, VA 24176

Estimated Value: $1,105,000 - $1,217,000

3 Beds
3 Baths
3,237 Sq Ft
$359/Sq Ft Est. Value

Last Sold March 06, 2023

Last sale price $930,000 $287 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $6,539/month

Highlights

  • 242 Feet of Waterfront
  • Lake View
  • Family Room with Fireplace
  • 1 Dock Slip
  • Deck
  • Ranch Style House

About This Home

As of March 2023

Discover your new lifestyle in this Wonderful Waterfront Home with tranquil sunrise/sunset views! Perfectly placed on a semi point lot w/ 242' of water frontage you'll love the fantastic water view the moment you walk through the front door. Offers open floor plan with one level living. Entry level features a large great room w/ see-through Fireplace, dining area, superb kitchen w/ Large pantry, double ovens, custom cabinets/ granite countertops, sunroom w/ ductless heating and air, and Huge Master Suite w/ private deck on the lake side. Lower-Level features 2 additional guest bedrooms on the lake side, large family room w/fireplace, craft room or 4th bedroom, additional full bath and huge storage room and patio. This amazing home is in a great neighborhood just perfect for those evening

Last Agent to Sell the Property

Penny Hodges

WAINWRIGHT & CO., REALTORS(r)- LAKE License #0225126556 Listed on: 01/24/2023

WAINWRIGHT & CO., REALTORS(r)- LAKE

Last Buyer's Agent

Peggy Overstreet

LAKE HOMES REALTY, LLC License #0225195570

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,400

Year Built

  • Built in 2002

Lot Details

  • 0.84 Acre Lot
  • 242 Feet of Waterfront
  • Cul-De-Sac
  • Gentle Sloping Lot
  • Property is zoned R1

HOA Fees

  • $8 Monthly HOA Fees

Home Design

  • Ranch Style House

Interior Spaces

  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Sliding Doors
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room with Fireplace
  • Storage
  • Lake Views

Kitchen

  • Built-In Oven
  • Electric Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

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

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Rip-Rap
  • Boat Hoist or Davit
  • 1 Dock Slip
  • Covered Dock
  • Deck
  • Patio
  • Front Porch

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Ductless Heating Or Cooling System
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Cedar Ridge Poa
  • Cedar Ridge Subdivision

Listing and Financial Details

  • Tax Lot 8

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,400

Year Built

Built in 2002

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Interior Features: Cathedral Ceiling, Ceiling Fan, Gas Log Fireplace, Storage, Walk-in-Closet
  • Heating System: Ductless, Heat Pump Electric, Zoned Heat
  • Fireplace(s): Family Room, Great Room
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Garage Door Opener, Microwave Oven (Built In), Range Electric, Refrigerator, Wall Oven
  • Cooling System: Ductless, Heat Pump Electric, Zoned Cooling
  • Outside Features: Deck, Patio, Paved Driveway
  • Views: Lake, Sunrise, Sunset
  • BedroomsBREntryLevel: 1
  • BedroomsBRLowerLevel: 2
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1681.00
  • ExteriorDoors: Fiberglass, Sliding
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsEntryLvl: 2
  • FullBathsFullBathsLowerLvl: 1
  • Grand Total Attached S Q F T: 3357
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Shentel
  • LaundryLaundryEntryLevel: 1
  • LaundryLaundryLowerLevel: 1
  • LengthOfWaterfront: 242.00
  • LowerBelowGrdFin Sq Ft: 1556.00
  • Major Area: 04 - Franklin County
  • NumberPrimCovSpaces: 2.00
  • Phone Email: cedarridgepoa.org ( this site has the HOA docs)
  • P O A Condo Contact Name: Cedar Ridge POA
  • POACondoDues: 100.00
  • POACondoTermsAM: Annual
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2023-01-31
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubagentAuthorized: No
  • SubdivisionMap: Cedar Ridge
  • Total Above Grd Fin S Q F T: 1681
  • TotalBdrm: 3
  • TotalBths: 3.00
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 3237.00
  • TotalUnfin Sq Ft: 120.00
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 120.00
  • Water Class: Waterfront Property
  • WaterDetailsChannelMarker: B25
  • WaterDetailsNumberCoveredSlips: 1
  • 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

Utilities

  • Sewer Description: Private Septic
  • Water Description: Public Water
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Cable TV, Cul-de-sac, Maint-Free Exterior, Paved Road, Underground Util

Schools

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

Lot Info

  • Lot Description: Gentle Slope, Views
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.84
  • Lot: 8
  • ZoningCode: R1

Green Features

  • Water Features: Cove, Point, Riprap Shoreline

Building Info

  • Year Built: 2002

Tax Info

  • Taxes (6 mo): 3400.00
  • FILLTAXID: 0520400800

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 24, 2023
Closed on
Mar 2, 2023
Sold by
David L Sherman Revocable Trust
Bought by
Fetter Randall Scott and Fetter Jacqueline Joyce
Seller's Agent
Penny Hodges
WAINWRIGHT & CO., REALTORS(r)- LAKE
Buyer's Agent
Peggy Overstreet
LAKE HOMES REALTY, LLC
List Price
$849,900
Sold Price
$930,000
Premium/Discount to List
$80,100
9.42%
Current Estimated Value
$1,163,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,107
Avg. Annual Appreciation
10.29%
Original Mortgage
$744,000
Outstanding Balance
$724,857
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$466,524

Purchase Details

Listed on
Mar 6, 2014
Closed on
Jun 27, 2014
Sold by
Sherman David L and Sherman Nancy E
Bought by
Sherman David L
Buyer's Agent
Duff Eckstein
MKB, REALTORS(r) - AT THE LAKE
List Price
$599,000
Sold Price
$585,000
Premium/Discount to List
-$14,000
-2.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.47%
Original Mortgage
$438,750
Interest Rate
3.45%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Fetter Randall Scott $930,000 First American Title
Sherman David L -- Fidelity Natl Title Ins Co
Sherman David L $585,000 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fetter Randall Scott $744,000
Previous Owner David L Sherman Revocable Trust $270,500
Previous Owner Sherman David L $438,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2023 03/06/23 Sold $930,000 +9.4% $287 / Sq Ft
01/31/2023 01/31/23 Pending -- -- --
01/24/2023 01/24/23 For Sale $849,900 +45.3% $263 / Sq Ft
06/27/2014 06/27/14 Sold $585,000 -2.3% $232 / Sq Ft
05/21/2014 05/21/14 Pending -- -- --
03/06/2014 03/06/14 For Sale $599,000 -- $238 / Sq Ft
Source: Roanoke 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 $4,003 $931,000 $312,000 $619,000
2023 $0 $563,500 $255,000 $308,500
2022 $3,437 $563,500 $255,000 $308,500
2021 $3,437 $563,500 $255,000 $308,500
2020 $3,437 $563,500 $255,000 $308,500
2019 $3,040 $498,400 $190,000 $308,400
2018 $3,040 $498,400 $190,000 $308,400
2017 $2,741 $565,700 $230,000 $335,700
2016 $2,741 $565,700 $230,000 $335,700
2015 -- $565,700 $230,000 $335,700
2014 -- $543,600 $230,000 $313,600
2013 -- $543,600 $230,000 $313,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 895514

Roanoke Valley Association of REALTORS®

APN: 0520400800