NOT LISTED FOR SALE

5833 Wesley Chapel Rd Free Union, VA 22940

Estimated Value: $632,000

825.52 Acres
$766 Price per Acre
35,959,650 Sq Ft Lot

Last Sold July 11, 2019

Last sale price $6,900,000 $5,165 Per Sq Ft

Current estimated payment $3,996/month

52 Days on Market

Highlights

  • Horses Allowed On Property
  • Ivy Elementary School Rated A-
  • 825.52 Acre Lot

About This Lot

As of July 2019

Strikingly beautiful Albemarle offering. 825 acres in total. 600 rolling acres of productive pasture with bold streams and a large pond. Panoramic views of the Blue Ridge and Southwest Mountains from multiple sites on the property. An additional 222 acres of mature timber with an elevated, level building site at 720 feet with a dramatic vista back towards the SW Mountains. At least 4 development rights and additional 21 acre by-right divisions with long road frontage on Wesley Chapel Road and at least 1 entrance on Free Union Road makes this property an exceptional conservation easement candidate. Farm improvements include, equipment building, multiple wells and 2 managers' cottages. In the heart of Farmington hunt country.

Last Agent to Sell the Property

Justin Wiley

Wiley Real Estate License #0225226888 Listed on: 01/28/2019

Last Buyer's Agent

NON MLS USER MLS

NON MLS OFFICE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,305

Lot Details

  • 825.52 Acre Lot
  • Zoning described as AG

Schools

  • Meriwether Lewis Elementary School
  • Henley Middle School
  • Western Albemarle High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 01600-00-00-03000

Property Details

Property Type

Land

Est. Annual Taxes

$5,305

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 825.52
  • Ownership: Partnership
  • Subdivision Name: None
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Interior Features

  • Possible Use: Farm, Hunting, Single Family, Timber
  • Basement YN: No

Exterior Features

  • Waterfront: No

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Electricity On Property: Yes
  • Utilities: Natural Gas Not Available, Electricity Available

Schools

  • Middle Or Junior School: Henley

Lot Info

  • Parcel Number: 01600-00-00-03000
  • Horse Amenities: Horses Allowed
  • Zoning Description: AG
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 5305.0

MLS Schools

  • Elementary School: Meriwether Lewis
  • High School: Western Albemarle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2019
Closed on
Jul 8, 2019
Sold by
Carrboro Limited Partnership
Bought by
Foxington Llc
Seller's Agent
Justin Wiley
Wiley Real Estate
Buyer's Agent
NON MLS USER MLS
NON MLS OFFICE
List Price
$7,665,000
Sold Price
$6,900,000
Premium/Discount to List
-$765,000
-9.98%
Current Estimated Value
$632,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,268,000
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
Foxington Llc $6,900,000 Chicago Title Insurance Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2019 07/11/19 Sold $6,900,000 -10.0% $5,165 / Sq Ft
03/21/2019 03/21/19 Pending -- -- --
01/28/2019 01/28/19 For Sale $7,665,000 -- $5,737 / Sq Ft
Source: Central Virginia Regional MLS

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
2023 -- $6,374,800 $6,173,800 $201,000
2022 -- $6,374,800 $6,173,800 $201,000
2021 $5,118 $6,374,800 $6,173,800 $201,000
2020 $5,118 $6,374,800 $6,173,800 $201,000
2019 $5,049 $6,366,700 $6,173,800 $192,900
2018 $4,587 $5,861,000 $5,685,200 $175,800
2017 $4,984 $5,020,000 $4,782,500 $237,500
2016 $4,666 $556,100 $396,800 $159,300
2015 $4,765 $581,800 $426,400 $155,400
2014 -- $581,200 $426,400 $154,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Central Virginia Regional MLS

MLS Number: 1902594

Central Virginia Regional MLS

APN: 01600-00-00-03000