NOT LISTED FOR SALE

565 Backwoods Ln Union Hall, VA 24176

Estimated Value: $711,000 - $1,106,000

4 Beds
3 Baths
2,688 Sq Ft
$340/Sq Ft Est. Value

Last Sold April 10, 2024

Last sale price $1,050,000 $391 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $5,182/month

12 Days on Market

Highlights

  • 270 Feet of Waterfront
  • Barn
  • 8.58 Acre Lot
  • 1 Dock Slip
  • Lake View
  • Deck

About This Home

As of April 2024

Escape to serene country living with this stunning waterfront property on Smith Mountain Lake. Located at the end of an 8 acre tract, this immaculate home is surrounded by breathtaking views of the lake and plenty of outdoor space. A 20x60 pole barn at the front is perfect for your workshop, storage, or hobby space. Zoned A1, this property has endless possible uses. The modern home provides an open floor plan and spacious rooms, along with an expansive deck and patio overlooking the lake. This home makes the perfect spot for peaceful indoor and outdoor living. A short walk or drive down the gravel path will lead to the updated dock with an expansive party deck. Make this home your weekend getaway or perfect full time residence close to Westlake and Rocky Mount for shopping, entertainment,

Last Agent to Sell the Property

Debbie Shelton

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE License #0225083584 Listed on: 03/15/2024

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Last Buyer's Agent

Brenda Bratt

WAINWRIGHT & CO., REALTORS(r)- LAKE License #0225200886

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,344

Year Built

  • Built in 2015

Lot Details

  • 8.58 Acre Lot
  • 270 Feet of Waterfront
  • Property fronts a private road
  • Gentle Sloping Lot
  • Property is zoned A1

Home Design

  • Ranch Style House
  • Dryvit Stucco

Interior Spaces

  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Great Room with Fireplace
  • 2 Fireplaces
  • Recreation Room with Fireplace
  • Lake Views

Kitchen

  • Gas Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

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

Outdoor Features

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

Schools

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

Farming

  • Barn

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,344

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Interior Features: Cathedral Ceiling, Ceiling Fan, Gas Log Fireplace, Walk-in-Closet
  • Heating System: Heat Pump Electric
  • Fireplace(s): Great Room, Recreation Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Microwave Oven (Built In), Range Electric, Range Gas, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Barn, Covered Porch, Deck
  • Views: Lake
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 3
  • BedroomsBRLowerLevel: 1
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1344.00
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsEntryLvl: 2
  • FullBathsFullBathsLowerLvl: 1
  • Grand Total Attached S Q F T: 2688
  • LaundryLaundryLowerLevel: 1
  • LengthOfWaterfront: 270.00
  • LowerBelowGrdFin Sq Ft: 1344.00
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBREntryLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2024-03-27
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubdivisionMap: 8.58 acres
  • Total Above Grd Fin S Q F T: 1344
  • TotalBdrm: 4
  • TotalBths: 3.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 2688.00
  • Water Class: Waterfront Property
  • 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, Rear Porch

Utilities

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

Association/Amenities

  • Misc Features: Private Road

Schools

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

Lot Info

  • Lot Description: Gentle Slope, Varied
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 8.58
  • ZoningCode: A1

Green Features

  • Water Features: Cove, Riprap Shoreline

Building Info

  • Year Built: 2015

Tax Info

  • Taxes (6 mo): 2344.00
  • FILLTAXID: 0530010502B & 0530010502BB

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2023
Sold by
Schreiner Ronald A
Bought by
Lipscomb Robert Kyle and Lipscomb Whitney E
Current Estimated Value
$914,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$656,000
Outstanding Balance
$633,959
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$280,211

Purchase Details

Closed on
Oct 26, 2021
Sold by
Riddle Allyson G
Bought by
Schreiner Ronald A and Grohmann Carol A

Purchase Details

Closed on
Dec 2, 2014
Sold by
Riddle Allyson G
Bought by
Owens James F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,200
Interest Rate
3.93%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 2, 2012
Sold by
Riddle William Thomas and Riddle Allyson G
Bought by
Riddle Allyson G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,355
Interest Rate
3.39%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lipscomb Robert Kyle $820,000 Fidelity National Title
Schreiner Ronald A $750,000 Fidelity National Ttl Ins Co
Owens James F -- None Available
Riddle Allyson G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lipscomb Robert Kyle $656,000
Previous Owner Owens James F $311,200
Previous Owner Riddle Allyson G $134,355
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2024 04/10/24 Sold $1,050,000 0.0% $391 / Sq Ft
03/27/2024 03/27/24 Pending -- -- --
03/15/2024 03/15/24 For Sale $1,050,000 -- $391 / 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 $2,867 $666,800 $179,200 $487,600
2023 $2,222 $364,300 $157,200 $207,100
2022 $2,222 $364,300 $157,200 $207,100
2021 $204 $364,300 $157,200 $207,100
2020 $2,222 $364,300 $157,200 $207,100
2019 $2,176 $356,800 $157,200 $199,600
2018 $2,176 $356,800 $157,200 $199,600
2017 $1,962 $304,700 $148,800 $155,900
2016 $1,962 $304,700 $148,800 $155,900
2015 -- $304,700 $148,800 $155,900
2014 -- $179,400 $151,600 $27,800
2013 -- $179,400 $151,600 $27,800
Source: Public Records

Agents Affiliated with this Home

  • Debbie Shelton

    Seller's Agent in 2024

    Debbie Shelton

    BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    (540) 797-3177

    34 in this area

    173 Total Sales

    Debbie Shelton
    Section Image
  • Brenda Bratt

    Buyer's Agent in 2024

    Brenda Bratt

    WAINWRIGHT & CO., REALTORS(r)- LAKE

    (540) 493-9544

    2 in this area

    290 Total Sales

    Brenda Bratt
    Section Image
See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 905777

Roanoke Valley Association of REALTORS®

APN: 0530010502B

Virginia Franklin County Union Hall 24176

565 Backwoods Ln, Union Hall, VA

This home is located at 565 Backwoods Ln, Union Hall, VA 24176 since 15 March 2024 and is currently estimated at $914,170, approximately $340 per square foot. This property was built in 2015. 565 Backwoods Ln is a home located in Franklin County with nearby schools including Glade Hill Elementary School, Benjamin Franklin Middle School, and Franklin County High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Roanoke Valley Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes