NOT LISTED FOR SALE

725 Lakestone Rd Union Hall, VA 24176

Estimated Value: $822,000 - $1,428,000

3 Beds
2.5 Baths
1,620 Sq Ft
$625/Sq Ft Est. Value

Last Sold December 01, 2017

Last sale price $400,000 $247 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $5,777/month

273 Days on Market

Highlights

  • 216 Feet of Waterfront
  • Lake View
  • Family Room with Fireplace
  • Floating Dock
  • Deck
  • No HOA

About This Home

As of December 2017

Fantastic wide water views! Covered boat dock with party deck & sandy beach.

Last Agent to Sell the Property

Tim Basham

RE/MAX LAKEFRONT REALTY INC License #0225037339 Listed on: 01/27/2017

RE/MAX LAKEFRONT REALTY INC

Last Buyer's Agent

Matthew Morris

MAC WESTLAND REAL ESTATE GROUP License #0225179354

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $2,181

Year Built

  • Built in 1971

Lot Details

  • 0.82 Acre Lot
  • 216 Feet of Waterfront
  • Gentle Sloping Lot

Home Design

  • Cottage

Interior Spaces

  • Ceiling Fan
  • Gas Log Fireplace
  • French Doors
  • Insulated Doors
  • Family Room with Fireplace
  • Lake Views

Kitchen

  • Built-In Oven
  • Electric Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

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

Outdoor Features

  • Party Deck
  • Rip-Rap
  • Dock has a Storage Area
  • Floating Dock
  • Deck
  • Covered Patio or Porch
  • Shed
  • Outdoor Gas Grill

Schools

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

Utilities

  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Holiday Farms Subdivision

Listing and Financial Details

  • Tax Lot 13

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$2,181

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Interior Features: Ceiling Fan, Gas Log Fireplace
  • Heating System: Heat Pump Electric
  • Fireplace(s): Family 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, Refrigerator, Wall Oven
  • Cooling System: Heat Pump Electric
  • Outside Features: Covered Porch, Deck, Gas Grill & Line, Paved Driveway, Storage Shed
  • Views: Lake
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 1020.00
  • ExteriorDoors: French, Insulated
  • FullBathsFullBathsEntryLvl: 2
  • Grand Total Attached S Q F T: 1620
  • HalfBathsHalfBathsLowerLvl: 1
  • LaundryLaundryEntryLevel: 1
  • LengthOfWaterfront: 216.00
  • LowerBelowGrdFin Sq Ft: 600.00
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBREntryLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2017-10-27
  • Residential Type: Detached
  • Style Of House: Cottage
  • SubdivisionMap: Holiday Farms
  • Total Above Grd Fin S Q F T: 1020
  • TotalBdrm: 3
  • TotalBths: 2.10
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1620.00
  • TotalHBaths: 1
  • Water Class: Waterfront Property
  • Water Htr Energy: Electric
  • WaterID: Smith Mtn Lake
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Rear Porch

Utilities

  • Sewer Description: PrivSept-permit unkn
  • Water Description: Public Water
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Paved Road, Underground Util

Schools

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

Lot Info

  • Lot Description: Gentle Slope
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.82
  • Lot: 13

Green Features

  • Water Features: Main Channel, Riprap Shoreline

Building Info

  • Year Built: 1971

Tax Info

  • Taxes (6 mo): 2181.00
  • FILLTAXID: 0480206300

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2017
Closed on
Nov 27, 2017
Sold by
Gaynor Walter C and Gaynor Malina R
Bought by
Cheatham Franklin E and Cheatham Diane A
Seller's Agent
Tim Basham
RE/MAX LAKEFRONT REALTY INC
Buyer's Agent
Matthew Morris
MAC WESTLAND REAL ESTATE GROUP
List Price
$419,000
Sold Price
$400,000
Premium/Discount to List
-$19,000
-4.53%
Current Estimated Value
$1,012,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$612,258
Avg. Annual Appreciation
12.43%
Original Mortgage
$320,000
Interest Rate
3.88%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Cheatham Franklin E $400,000 Century Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cheatham Franklin E $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2017 12/01/17 Sold $400,000 -4.5% $247 / Sq Ft
10/27/2017 10/27/17 Pending -- -- --
01/27/2017 01/27/17 For Sale $419,000 -- $259 / 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 $3,266 $759,500 $270,000 $489,500
2023 $3,216 $527,200 $265,000 $262,200
2022 $2,672 $438,000 $265,000 $173,000
2021 $2,599 $426,000 $265,000 $161,000
2020 $2,599 $426,000 $265,000 $161,000
2019 $2,559 $419,500 $265,000 $154,500
2018 $2,559 $419,500 $265,000 $154,500
2017 $2,307 $421,100 $265,000 $156,100
2016 $2,307 $421,100 $265,000 $156,100
2015 -- $421,100 $265,000 $156,100
2014 -- $421,100 $265,000 $156,100
2013 -- $421,100 $265,000 $156,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 833491

Roanoke Valley Association of REALTORS®

APN: 0480206300