NOT LISTED FOR SALE

407 David Ln Union Hall, VA 24176

Estimated Value: $62,645 - $114,000

2.62 Acres
$33,711 Price per Acre
114,127 Sq Ft Lot

Last Sold December 11, 2023

Last sale price $55,000

Est. 20% increase in value since last sale

Current estimated payment $376/month

71 Days on Market

Highlights

  • 2.62 Acre Lot
  • No HOA
  • Level Lot
  • Stream or River on Lot

About This Lot

As of December 2023

Great 2.625 acre building lot within minutes of Smith Mountain Lake and Southlake Spa and Salt Room! Gentle, wooded lot with stream and plenty of room to build a new home. Well and septic already installed. The 3 bedrooms, 2 bathrooms single wide on property is being sold AS-IS and conveys with property.

Last Agent to Sell the Property

Billy Kingery

MOUNTAIN TO LAKE REALTY License #0225171683 Listed on: 08/31/2023

Co-Listed By

Julie Kingery

MOUNTAIN TO LAKE REALTY License #0225175848

Last Buyer's Agent

Janet Hill

KELLER WILLIAMS REALTY LYNCHBURG License #0225255096

KELLER WILLIAMS REALTY LYNCHBURG

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $162

Lot Details

  • 2.62 Acre Lot
  • Level Lot
  • Property is zoned A1

Schools

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

Mobile Home

  • Mobile Home Allowed

Community Details

Overview

  • No Home Owners Association

Recreation

  • Stream or River on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$162

Lot Details

0

Listing Details

  • Type: Land
  • CondoAssocYN: No
  • ElectricDescription: Available
  • Land Sub Type: Residential - Single Family
  • Major Area: 04 - Franklin County
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2023-11-10
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer Description: Private Septic
  • Water Description: Private Well

Association/Amenities

  • Misc Features: Stream

Schools

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

Lot Info

  • Property Group Id: 19990816212131825981000000
  • Land Description: Gentle Slope, Level
  • Total Acreage: 2.62
  • Land Type: Lot
  • ZoningCode: A1

Tax Info

  • Taxes (6 mo): 161.65
  • FILLTAXID: 0520009402A

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
Aug 31, 2023
Closed on
Dec 8, 2023
Sold by
Helms Nannie Mcheimer
Bought by
Butler Nathan D and Butler Nathan Charles
Seller's Agent
Billy Kingery
MOUNTAIN TO LAKE REALTY
Buyer's Agent
Janet Hill
KELLER WILLIAMS REALTY LYNCHBURG
List Price
$105,000
Sold Price
$55,000
Premium/Discount to List
-$50,000
-47.62%
Views
168
Current Estimated Value
$66,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,120
Avg. Annual Appreciation
7.80%
Original Mortgage
$35,000
Outstanding Balance
$31,748
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$30,558
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Butler Nathan D $55,000 Pike Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Butler Nathan D $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2023 12/11/23 Sold $55,000 -44.9% --
11/10/2023 11/10/23 Pending -- -- --
09/25/2023 09/25/23 Price Changed $99,900 -4.9% --
08/31/2023 08/31/23 For Sale $105,000 -- --
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 $172 $40,100 $40,100 $0
2023 $162 $26,500 $26,500 $0
2022 $162 $26,500 $26,500 $0
2021 $162 $26,500 $26,500 $0
2020 $162 $26,500 $26,500 $0
2019 $162 $26,500 $26,500 $0
2018 $162 $26,500 $26,500 $0
2017 $146 $29,400 $29,400 $0
2016 $146 $29,400 $29,400 $0
2015 $159 $29,400 $29,400 $0
2014 $159 $29,400 $29,400 $0
2013 $159 $29,400 $29,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 901272

Roanoke Valley Association of REALTORS®

APN: 0520009402A