NOT LISTED FOR SALE

5904 Free Union Rd Free Union, VA 22940

Estimated Value: $1,143,000 - $1,820,000

21.9 Acres
$64,464 Price per Acre
953,964 Sq Ft Lot

Last Sold May 31, 2022

Last sale price $985,000 $195 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $7,859/month

173 Days on Market

Highlights

  • 21.9 Acre Lot
  • Mountain View
  • 2 Car Attached Garage
  • Ivy Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Concrete Block With Brick

About This Lot

As of May 2022

22 acre country retreat with great views of Buck Mountain in Farmington Hunt Country. Rural paradise, yet only 22 minutes to UVA and 15 to plentiful shopping and dining. Walk to Glass House Winery. Optimal functionality for horses and dogs with ten acres of fenced pasture plus stone dust riding ring. Two stall barn and luxurious indoor/outdoor dog kennels and wash station. Forest with stream and open fenced fields. Mature, cedar lined, paved driveway is a scenic drive to the large home with first and second floor master suites, massive living room with wet bar, and indoor/outdoor living spaces are fantastic for entertaining. Separate living quarters in the walk out basement with full kitchen and more. Self sufficient with whole house generator. You can't beat this Western Albemarle location.

Last Agent to Sell the Property

Conor Murray

FRANK HARDY SOTHEBY'S INTERNATIONAL REALTY License #0225228408 Listed on: 10/21/2021

Co-Listed By

Murdoch Matheson

FRANK HARDY SOTHEBY'S INTERNATIONAL REALTY License #0225058114

Last Buyer's Agent

NONMLSAGENT NONMLSAGENT

NONMLSOFFICE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,152

Year Built

  • Built in 1987

Lot Details

  • 21.9 Acre Lot

Home Design

  • Concrete Block With Brick

Interior Spaces

  • 2-Story Property
  • Mountain Views

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Primary bathroom on main floor

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Windows

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Automatic Garage Door Opener

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Property Details

Property Type

Land

Est. Annual Taxes

$8,152

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Farm
  • Above Grade Finished Sq Ft: 5190
  • Above Grade Unfinished Sq Ft: 1440
  • Below Grade Total Sq Ft: 2000
  • L V T Date: 10/22/2021
  • Nameof Property: Meadow Wood
  • Price Per Sq Ft: 195.05
  • Total Sq Ft: 7820
  • Total Unfinished Sq Ft: 2770
  • Type of Construction: On Site Built
  • Zoning: R Residential
  • Best Use: Ag
  • Subdivision: NONE
  • Comments: Yes
  • Concatenated Rooms1: |
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 2

Interior Features

  • Unfinished Below Grade Sq Ft: 700
  • Basement Type: Finished, Heated, Inside Access, Walk Out, Windows
  • Total Finished Sq Ft: 5050
  • Above Grade Finished Sq Ft: 3750
  • Basement: Yes
  • Below Grade Finished Sq Ft: 1300
  • Foundation: Concrete Block
  • Level: 2 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 5.5
  • Number Beds: 5
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Source of Sq Ft: Appraisal

Exterior Features

  • Number Of Acres: 21.9
  • View: Mountain View

Garage/Parking

  • Garage: Yes
  • Unfinished Above Grade Garage: 630
  • Garage Features: Attached, Auto Door, Faces Side, Large Vehicle
  • Number of Car Spaces: 2
  • Total Above Grade Garage: 630

Utilities

  • Cooling: Central AC
  • Heating: Electric, Forced Air, Propane
  • Cable Available: Cable, DSL
  • Sewer/Septic System: Septic Tank
  • Water: Individual Well

Schools

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

Building Info

  • Year Built: 1987

Tax Info

  • Year: 2021
  • Taxes: 8152

MLS Schools

  • HighSchool: Western Albemarle
  • Middle School: Henley
  • Elementary School: Meriwether Lewis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2021
Closed on
May 16, 2022
Sold by
Hayden Joanne Rita
Bought by
Gurung Mina and Rana Atulya S
Seller's Agent
Conor Murray
FRANK HARDY SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
NONMLSAGENT NONMLSAGENT
NONMLSOFFICE
List Price
$1,295,000
Sold Price
$985,000
Premium/Discount to List
-$310,000
-23.94%
Current Estimated Value
$1,411,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$426,753
Avg. Annual Appreciation
11.45%
Original Mortgage
$788,000
Outstanding Balance
$746,881
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$664,872
Source: Public Records

Range of Values:

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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
Gurung Mina $985,000 New Title Company Name
Gurung Mina $985,000 New Title Company Name
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gurung Mina $788,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2022 05/31/22 Sold $985,000 -10.5% $195 / Sq Ft
04/12/2022 04/12/22 Pending -- -- --
04/01/2022 04/01/22 Price Changed $1,100,000 -7.9% $218 / Sq Ft
02/22/2022 02/22/22 Price Changed $1,195,000 -7.7% $237 / Sq Ft
10/21/2021 10/21/21 For Sale $1,295,000 -- $256 / 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 $4,490 $1,178,000 $459,700 $718,300
2024 -- $979,100 $392,500 $586,600
2023 $6,336 $1,039,800 $460,200 $579,600
2022 $5,952 $1,012,700 $460,200 $552,500
2021 $5,447 $954,600 $460,200 $494,400
2020 $5,311 $934,800 $427,100 $507,700
2019 $5,133 $913,800 $427,100 $486,700
2018 $4,669 $840,200 $384,400 $455,800
2017 $4,650 $788,000 $319,900 $468,100
2016 $4,250 $506,500 $112,700 $393,800
2015 $2,050 $500,500 $113,200 $387,300
2014 -- $499,800 $113,200 $386,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 623459

Charlottesville area Association of Realtors®

APN: 01700-00-00-008C0