NOT LISTED FOR SALE

722 Union Run Lexington, VA 24450

Estimated Value: $329,000 - $483,000

3 Beds
2 Baths
2,460 Sq Ft
$174/Sq Ft Est. Value

Last Sold June 24, 2022

Last sale price $325,000 $132 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,501/month

24 Days on Market

About This Home

As of June 2022

Near Lex. and at the corner of Union Run & Ross Rd, this spacious ranch home has lots of great features including crown molding, hardwood floors, formal liv and dining rooms and a wonderful screened side porch with vaulted ceiling, a primary suite w/an enormous Vegas worthy bathroom with w/i closet, and a den in the partially finished basement. Plus an in-ground concrete pool( 8ft on one end, 4 on the other),patio and attached 2 car garage. The house looks out on a beautiful field and cleared hillside and provides quick access back to Lexington by way of Ross Rd or Union Run to Rt 251.Roof is about 10 yrs. old, house is in overall good shape and livable but could use some updates and sprucing up. With a little attention this could be a show place and is priced so a buyer can make it so.

Last Agent to Sell the Property

Janie Harris

James River Realty - Lexington Listed on: 04/29/2022

Last Buyer's Agent

CODY PERSINGER

Keller Williams Realty

Keller Williams Realty

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,997

Year Built

1962

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: From Lexington Rt 11 S to the stop light at intersection with Rt 251(Collierstown Rd) Turn right and proceed for approximately 3 miles. Bear Right on Union Run and continue for 2.5 miles to intersection with Ross Rd. Upper entry is off of Ross Rd or continue on Union Run for 400 feet to lower driveway on right.
  • HistoricProperty: No
  • Listing Member Name: Jane Harris
  • Listing Office Short Id: jrrlex
  • Open House Office I D: 20080325192429605012000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: PRE
  • Selling Office Short Id: KWRR
  • Subdivision Yn: No
  • TotalFinSFApx: 2460.00
  • Year Built: 1962
  • Taxes Dollars: 1932.00
  • TotalAcresApx: 2.70
  • 1StFloorMstrBdrm: Yes
  • PorchDeckPatioPorch: Side
  • StyleRanch: YES
  • Type of Construction: Stick Built
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Full, Partially Finished
  • Full Bathrooms: 2.00
  • Updated Floor: Carpet, Tile, Vinyl, Wood
  • Entry Location: Corner Lot
  • Appliances: As Is, Cook Top, Dishwasher, Microwave, Refrigerator
  • Has Attic: Scuttle
  • Lower Floor 1 Bedrooms: 3
  • Fireplace: 2
  • Fireplace Location: Den, Living Room
  • Interior Amenities: Ceiling Fan, Storage, Walk-in Closet
  • Lower Floor 1 Bedrooms: 8

Exterior Features

  • Easements: Power
  • Exterior: Brick, Wood
  • Exterior Features: Ceiling Fan(s), Fireplace, Patio-Rear, Paved Driveway, Pool-Ingrnd, Porch-Enclosed, Storm Door-Front, View - Mountains
  • Road Frontage: Paved Road, State Road
  • Roof: Shingle
  • Street: Union Run
  • Tax Rate: .74
  • Flood Zone: SW
  • Topography: Mixed, Open, Rolling, Views
  • Exterior Features: Garden Space, In-Ground Pool, Patio, Paved Driveway, Porch, Screened Porch, Sunrise View
  • Guest House: No

Garage/Parking

  • Garage Spaces: Attached, Double

Utilities

  • Cooling: Heat Pump Electric
  • Heating: Heat Pump(s)
  • Sewer: Existing Septic
  • Utilities Available: Electric
  • Water: Well
  • Water Heater: Electric

Schools

  • Elementary School: Central
  • Middle School: Maury River
  • High School: Rockbridge Co
  • Elementary School: Central
  • High School: Rockbridge Co
  • Middle School: Maury River

Lot Info

  • Future Land Use: No
  • Zoning: Agricultural
  • Best Use: Residential
  • Current Use: Residential

Green Features

  • Energy Features: Fireplace Insert

Tax Info

  • Tax Map Number: 74 11 2
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2022
Closed on
May 24, 2022
Sold by
Shorter Maddox Stephanie
Bought by
Randolph Lance and Randolph Lauren
Seller's Agent
Janie Harris
James River Realty - Lexington
Buyer's Agent
CODY PERSINGER
Keller Williams Realty
List Price
$329,000
Sold Price
$325,000
Premium/Discount to List
-$4,000
-1.22%
Current Estimated Value
$428,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,545
Avg. Annual Appreciation
8.79%
Original Mortgage
$319,113
Outstanding Balance
$305,841
Interest Rate
5.3%
Mortgage Type
FHA
Estimated Equity
$119,027
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
Randolph Lance $325,000 New Title Company Name
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Randolph Lance $319,113
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2022 06/24/22 Sold $325,000 -1.2% $132 / Sq Ft
05/23/2022 05/23/22 Pending -- -- --
04/29/2022 04/29/22 For Sale $329,000 -- $134 / Sq Ft
Source: Rockbridge Highlands 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 $1,997 $327,400 $67,800 $259,600
2023 $1,997 $327,400 $67,800 $259,600
2022 $1,930 $260,800 $57,800 $203,000
2021 $1,930 $260,800 $57,800 $203,000
2020 $1,930 $260,800 $57,800 $203,000
2019 $1,904 $260,800 $57,800 $203,000
2018 $1,826 $260,800 $57,800 $203,000
2017 $1,826 $260,800 $57,800 $203,000
2016 $1,776 $241,600 $52,800 $188,800
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 136878

APN: 74-11-2