NOT LISTED FOR SALE

490 Lakestone Rd Union Hall, VA 24176

Estimated Value: $726,000 - $788,808

2.24 Acres
$338,127 Price per Acre
97,574 Sq Ft Lot

Last Sold August 23, 2024

Last sale price $725,000

Est. 4% increase in value since last sale

Current estimated payment $4,436/month

54 Days on Market

About This Lot

As of August 2024

The seller says sell it! Bring us your offers! Stunning Waterfront property located in the sought after Kennedy Shores with 272 feet of water frontage! Come relax at the dock featuring all utilities, two covered boat slips with electric lifts, Wi-Fi, and a mini bar! Small beach area for the kids to play! There is also a 500-gallon underground propane tank full that conveys. The only thing missing is you! The foundation has passed an engineer inspection and is ready for you to rebuild a beautiful home with a lovely walk out basement! There is a 4-bedroom septic in place along with the driveway. Public water hookup AND NO HOA! Roughly 30 minutes to Bridgewater Plaza! This lot is full of peace and tranquility! Come reset, relax, and make it yours!

Last Agent to Sell the Property

Audrey Evans

Re/Max Lakefront Realty License #0225261630 Listed on: 06/05/2024

Re/Max Lakefront Realty

Last Buyer's Agent

Audrey Evans

Re/Max Lakefront Realty License #0225261630 Listed on: 06/05/2024

Re/Max Lakefront Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,000

Lot Details

  • 2.24 Acre Lot
  • Property is zoned A1

Utilities

  • Septic System

Community Details

  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 0511902400

Property Details

Property Type

Land

Est. Annual Taxes

$4,000

Lot Details

0

Listing Details

  • Directions: r on dillards hill and right on lakestone, property is on your right
  • Days On Market: No
  • Prop. Type: Land
  • Restrictions: Dblwides Not Allowed, Mobiles Not Allowed
  • Garage Yn: No
  • Property Sub-Type: Unimproved Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Disability Access: Rd Frnt State Paved
  • Bathrooms Display: 0 (0 0)
  • Broker Approved: Yes
  • Reciprocal Listing: No

Exterior Features

  • Lot Number: 24

Utilities

  • Utilities: Septic System

Schools

  • Junior High Dist: Other

Lot Info

  • Zoning: A1
  • Acres: 2.2400
  • Lot Size Sq Ft: 97574.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 0511902400
  • ResoLotSizeUnits: Acres

Rental Info

  • Sub Lease: No
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.000-05:00

Tax Info

  • Estimated Taxes: 4000

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2024
Closed on
Aug 20, 2024
Sold by
French George J
Bought by
Clemens Megan Michelle and Clemens Gary Edward
Seller's Agent
Audrey Evans
Re/Max Lakefront Realty
Buyer's Agent
Audrey Evans
Re/Max Lakefront Realty
List Price
$899,950
Sold Price
$725,000
Premium/Discount to List
-$174,950
-19.44%
Views
34
Current Estimated Value
$757,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,404
Avg. Annual Appreciation
4.34%

Purchase Details

Closed on
Mar 24, 2016
Sold by
Franklin Real Estate Co
Bought by
French Ii George J

Purchase Details

Closed on
Jul 26, 2006
Sold by
Davis William F
Bought by
Wood Tracy Batten and Linnane Leigh Wood
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
Clemens Megan Michelle $725,000 Old Republic National Title In
French Ii George J $236,250 Professional Title Associate
Wood Tracy Batten -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner French George J $483,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2024 08/23/24 Sold $725,000 -12.1% --
07/30/2024 07/30/24 Pending -- -- --
07/16/2024 07/16/24 Price Changed $825,000 -4.1% --
07/11/2024 07/11/24 Price Changed $859,900 -1.2% --
07/04/2024 07/04/24 Price Changed $870,000 -2.1% --
06/23/2024 06/23/24 Price Changed $889,000 -1.2% --
06/05/2024 06/05/24 For Sale $899,950 -- --
Source: Lynchburg 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 $3,809 $411,500 $362,400 $49,100
2023 $4,414 $723,600 $327,400 $396,200
2022 $4,414 $723,600 $327,400 $396,200
2021 $3,400 $723,600 $327,400 $396,200
2020 $2,254 $369,500 $322,400 $47,100
2019 $155 $303,100 $256,000 $47,100
2018 $1,849 $303,100 $256,000 $47,100
2017 $1,408 $0 $0 $0
2016 $1,408 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    Audrey Evans

    Re/Max Lakefront Realty

    (540) 874-0317

    2 in this area

    59 Total Sales

    Audrey Evans
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 352765

APN: 0511902400

Virginia Franklin County Union Hall 24176

490 Lakestone Rd, Union Hall, VA

This home is located at 490 Lakestone Rd, Union Hall, VA 24176 since 05 June 2024 and is currently estimated at $757,404. 490 Lakestone Rd is a home located in Franklin County with nearby schools including Glade Hill Elementary School, Benjamin Franklin Middle School, and Franklin County High School.

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