NOT LISTED FOR SALE

4701 Wesley Chapel Rd Free Union, VA 22940

Estimated Value: $914,000 - $1,107,000

21.79 Acres
$47,153 Price per Acre
949,172 Sq Ft Lot

Last Sold May 18, 2020

Last sale price $340,000 $170 Per Sq Ft

Est. 202% increase in value since last sale

Current estimated payment $5,900/month

287 Days on Market

Highlights

  • Waterfront
  • 21.79 Acre Lot
  • Partially Wooded Lot
  • Ivy Elementary School Rated A-
  • Ridge View
  • Elevated Lot

About This Lot

As of May 2020

Private, tranquil and beautiful 22 acre parcel with a prime building site and spectacular views of the Blue Ridge Mountains! Located in the heart of Free Union and less than 15 minutes from Barracks Road Shopping Center, this property offers the perfect combination of country privacy and city convenience. There is a prime, elevated building site that features Blue Ridge views and amazing sunsets. Western Albemarle schools. Can be purchased with an additional 11 acres and two homes (MLS# 589115). If you are looking for the perfect spot to build your dream home in Albemarle County, look no further!

Last Agent to Sell the Property

DAVID FERRALL

MOUNTAIN AREA NEST REALTY License #0225101703 Listed on: 05/09/2019

Co-Listed By

Jonathan Kauffmann

NEST REALTY GROUP License #0225077755

Last Buyer's Agent

Liz Raney

LORING WOODRIFF REAL ESTATE ASSOCIATES License #0225226243

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,879

Lot Details

  • 21.79 Acre Lot
  • Waterfront
  • Creek or Stream
  • Elevated Lot
  • Gentle Sloping Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Property is zoned R-1 Residential

Parking

  • Driveway

Property Views

  • Ridge
  • Mountain

Utilities

  • High Speed Internet

Property Details

Property Type

Land

Est. Annual Taxes

$5,879

Lot Details

0

Listing Details

  • Class: Land
  • Property Type: Built To Suit Residential
  • L V T Date: 05/09/2019
  • Price Per Sq Ft: 15603.49
  • Zoning: R-1 Residential
  • Adjoining Parcels: Residential
  • Best Use: Residential
  • Current Use: Pasture
  • Road Street: Public Rd
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Land Description: Elevated, Gently Rolling, Nearly Level, Partly Cleared, Partly Wooded, Water Front

Exterior Features

  • Number Of Acres: 21.79
  • View: Blue Ridge View, Mountain View, Pastoral View, Wooded View
  • Water Property: Stream-Creek

Garage/Parking

  • Driveway: Yes

Utilities

  • Cable Available: Dsl
  • Sewer/Septic System: Approved For Conventional

Lot Info

  • Lot Number: LOT B

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2020
Sold by
Kauffmann Paul Joseph and Grunewald Joyce Mary
Bought by
Aust Stephen Bradford and Aust Kate Marue
Current Estimated Value
$1,027,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,400
Outstanding Balance
$365,027
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$662,447
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Aust Stephen Bradford $775,000 Old Republic Natl Ttl Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aust Stephen Bradford $510,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2020 05/18/20 Sold $340,000 -2.9% $170 / Sq Ft
02/20/2020 02/20/20 Pending -- -- --
05/09/2019 05/09/19 For Sale $350,000 -- $175 / Sq Ft
Source: Charlottesville area 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
2025 $5,879 $881,100 $461,400 $419,700
2024 -- $852,500 $461,400 $391,100
2023 $5,289 $842,400 $461,400 $381,000
2022 $4,742 $760,300 $424,400 $335,900
2021 $4,465 $739,600 $446,300 $293,300
2020 $3,963 $655,200 $375,100 $280,100
2019 $4,058 $644,000 $375,100 $268,900
2018 $3,889 $661,800 $429,400 $232,400
2017 $3,974 $682,700 $429,400 $253,300
2016 $3,734 $445,000 $197,800 $247,200
2015 $1,826 $445,900 $205,400 $240,500
2014 -- $432,700 $205,300 $227,400
Source: Public Records

Agents Affiliated with this Home

  • DAVID FERRALL

    Seller's Agent in 2020

    DAVID FERRALL

    MOUNTAIN AREA NEST REALTY

    (434) 882-5263

    61 Total Sales

    DAVID FERRALL
    Section Image
  • Jonathan Kauffmann

    Seller Co-Listing Agent in 2020

    Jonathan Kauffmann

    NEST REALTY GROUP

    (434) 825-5756

    Jonathan Kauffmann
    Section Image
  • Liz Raney

    Buyer's Agent in 2020

    Liz Raney

    LORING WOODRIFF REAL ESTATE ASSOCIATES

    (434) 242-3889

    71 Total Sales

    Liz Raney
    Section Image
See All Agents

Map

Source: Charlottesville area Association of Realtors®

MLS Number: 590283

Charlottesville area Association of Realtors®

APN: 02800-00-00-02700

Virginia Albemarle County Free Union 22940

4701 Wesley Chapel Rd, Free Union, VA

Not Listed for Sale

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