NOT LISTED FOR SALE

5289 Free Union Rd Free Union, VA 22940

Estimated Value: $978,000 - $1,225,000

4 Beds
3.5 Baths
3,600 Sq Ft
$313/Sq Ft Est. Value

Last Sold March 19, 2024

Last sale price $1,025,000 $285 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $6,463/month

6 Days on Market

Highlights

  • Panoramic View
  • 25.93 Acre Lot
  • Pond
  • Ivy Elementary School Rated A-
  • Private Lot
  • Living Room with Fireplace

About This Home

As of March 2024

Elim Farm is a picturesque 26-acre property with panoramic mountain views in the heart of Free Union. With Buck Mountain as a backdrop, the existing house sits on a knoll overlooking the surrounding hillsides and mountain tops to the south and west. The home, built in 2006, has a traditional floor plan and features locally sourced pine floors and a lovely stone fireplace. The main level includes formal living and dining spaces, a charming farmhouse kitchen and primary suite with a private sunroom. The property is mostly cleared with some wooded areas running along the perimeter. A variety of magnificent trees and nice rock outcroppings dot the edge of the front field with a small pond and creek at the bottom of hill. Unlimited potential for expansion with a perfect level building site for a future pool, barn or house that would capture even bigger mountain views. Magnificent sunsets, Western Albemarle Schools, high speed internet and only 15 minutes to Barracks Road or 29N Shopping.

Last Agent to Sell the Property

Yates McCallum

FRANK HARDY SOTHEBY'S INTERNATIONAL REALTY License #0225228262 Listed on: 02/01/2024

Last Buyer's Agent

Liza Bottas

SALLY DU BOSE REAL ESTATE PARTNERS License #0225077764

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,730

Year Built

  • Built in 2006

Lot Details

  • 25.93 Acre Lot
  • Elevated Lot
  • Private Lot
  • Secluded Lot
  • Cleared Lot
  • Property is zoned RA Rural Area

Property Views

  • Panoramic
  • Mountain

Home Design

  • Concrete Block With Brick
  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Insulated Windows
  • Double Hung Windows
  • Living Room with Fireplace
  • Wood Flooring
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • Primary bathroom on main floor

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Windows

Parking

  • 2 Car Detached Garage
  • Side Facing Garage
  • Driveway

Outdoor Features

  • Pond
  • Covered Patio or Porch

Schools

  • Ivy Elemen Elementary School
  • Henley Middle School
  • Western Albemarle High School

Horse Facilities and Amenities

  • Run-In Shed

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Water Softener
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 01700-00-00-025E4

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,730

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 2200
  • Below Grade Total Sq Ft: 1650
  • Design: Farm House
  • L V T Date: 02/01/2024
  • Nameof Property: Elim Farm
  • Parcel Number: 01700-00-00-025E4
  • Price Per Sq Ft: 284.72
  • Total Sq Ft: 4250
  • Total Unfinished Sq Ft: 650
  • Type of Construction: On Site Built
  • Zoning: RA Rural Area
  • Subdivision: NONE
  • Comments: Yes
  • Concatenated Rooms1: |Half Bath1|Pri Bath1|Full Bath2|Full BathB|
  • Structures Deck Porch: Patio - Covered, Porch - Front
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Unfinished Below Grade Sq Ft: 250
  • Fireplace: Gas
  • Laundry: Dryer, Washer
  • Basement Type: Finished, Outside Entrance, Windows
  • Room 1: Half Bath,On Level: 1
  • Room 2: Pri Bath,On Level: 1
  • Room 3: Full Bath,On Level: 2
  • Room 4: Full Bath,On Level: Basement
  • Total Finished Sq Ft: 3600
  • Above Grade Finished Sq Ft: 2200
  • Basement: Yes
  • Below Grade Finished Sq Ft: 1400
  • Fireplace Location: Living Room
  • Foundation: Concrete Block, Concrete Slab
  • Kitchen Appliances Feat: Gas Range
  • Kitchen Cabinets Counters: Granite, Wood Cabinets
  • Land Description: Elevated, Mountain Top, Partly Cleared, Private, Secluded Lot
  • Level: 2 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 3.5
  • Below Grade Bathrooms: 1
  • Number of Main Level Bathrooms: 1.5
  • Number Beds: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Room Types: Full Bath, Half Bath
  • Room Types Level1: Half Bath (L1)
  • Room Types Level2: Full Bath (L2+)
  • Room Types Level B: Full Bath (LB)
  • Source of Sq Ft: Public Records

Exterior Features

  • Exterior: Fiber Cement
  • Farm Features: Run-in Shed
  • Number Of Acres: 25.93
  • Roof: Architectural Style
  • Structure Features: Water Conditioner, Water Softener
  • Structure Floors: Hardwood
  • Structure Window Ceiling: Double-hung Windows, Insulated Windows, Vaulted/Cathedral Ceiling
  • View: Mountain View, Panoramic View, Pastoral View
  • Water Property: Pond / Lake

Garage/Parking

  • Garage: Yes
  • Unfinished Above Grade Garage: 400
  • Garage Features: Detached, Electricity, Faces Side
  • Number of Car Spaces: 2
  • Total Above Grade Garage: 400
  • Driveway Parking: Asphalt

Utilities

  • Cooling: Central AC
  • Heating: Central Heat, Propane
  • Cable Available: Cable
  • Sewer/Septic System: Septic Tank
  • Water: Individual Well

Lot Info

  • Lot Features: Road Maintenance Agrmt

Building Info

  • Year Built: 2006

Tax Info

  • Year: 2022
  • Taxes: 3730.28

MLS Schools

  • HighSchool: Western Albemarle
  • Middle School: Henley
  • Elementary School: Ivy Elemen

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2024
Closed on
Mar 18, 2024
Sold by
Katz Martin D and Katz Sarah
Bought by
Bouck Justin T and Bouck Jaclyn M
Seller's Agent
Yates McCallum
FRANK HARDY SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Liza Bottas
SALLY DU BOSE REAL ESTATE PARTNERS
List Price
$950,000
Sold Price
$1,025,000
Premium/Discount to List
$75,000
7.89%
Views
45
Current Estimated Value
$1,128,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,337
Avg. Annual Appreciation
5.78%
Original Mortgage
$766,550
Outstanding Balance
$754,433
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$373,904

Purchase Details

Listed on
Sep 18, 2020
Closed on
Jan 20, 2021
Sold by
Finley Mae Elliott
Bought by
Katz Martin D and Katz Sarah
Seller's Agent
Erin Garcia
LORING WOODRIFF REAL ESTATE ASSOCIATES
Buyer's Agent
Yates McCallum
FRANK HARDY SOTHEBY'S INTERNATIONAL REALTY
List Price
$649,000
Sold Price
$610,000
Premium/Discount to List
-$39,000
-6.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.10%
Original Mortgage
$486,000
Interest Rate
2.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Bouck Justin T $1,025,000 Chicago Title
Katz Martin D $610,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bouck Justin T $766,550
Previous Owner Katz Martin D $486,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/19/2024 03/19/24 Sold $1,025,000 +7.9% $285 / Sq Ft
02/07/2024 02/07/24 Pending -- -- --
02/01/2024 02/01/24 For Sale $950,000 +55.7% $264 / Sq Ft
02/03/2021 02/03/21 Sold $610,000 -6.0% $169 / Sq Ft View Prior Sale
10/01/2020 10/01/20 Pending -- -- --
09/18/2020 09/18/20 For Sale $649,000 -- $180 / 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 $6,541 $1,046,400 $472,600 $573,800
2024 -- $616,900 $236,700 $380,200
2023 $3,996 $631,400 $277,600 $353,800
2022 $3,730 $601,200 $277,600 $323,600
2021 $4,638 $767,000 $347,600 $419,400
2020 $0 $1,126,100 $699,200 $426,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 649182

Charlottesville area Association of Realtors®

APN: 01700-00-00-025E4