NOT LISTED FOR SALE

7307 Blackwells Hollow Rd Free Union, VA 22940

Estimated Value: $400,000 - $816,000

14 Acres
$37,079 Price per Acre
629,006 Sq Ft Lot

Last Sold August 06, 2020

Last sale price $285,000 $162 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $3,190/month

489 Days on Market

Highlights

  • Ridge View
  • Secluded Lot
  • Timber
  • Journey Middle School Rated A-
  • Partially Wooded Lot
  • Agricultural

About This Lot

As of August 2020

NEW PRICE REDUCTION! Gorgeous panoramic views from this 14 AC homestead will take your breath away! You won't want to leave the beauty and calm this Albemarle County property offers. Loved for generations, this wonderful family farm is waiting for new owner. Build your dream home, farm, artist studio, or winery. Upper field is truly stunning site. Peaceful surroundings, fenced pastures, woods to mountain peak on property, small stocked pond & second pond site, plus creek and road frontage. Driveway, electric, well and septic are in place, just decide where to build or renovate. Bring horses and livestock! Sold "as is, where is".

Last Agent to Sell the Property

MAGGIE MacINNIS

REAL ESTATE III, INC. License #0225213339 Listed on: 02/20/2019

Last Buyer's Agent

Yates McCallum

FRANK HARDY SOTHEBY'S INTERNATIONAL REALTY License #0225228262

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,628

Lot Details

  • 14.44 Acre Lot
  • Creek or Stream
  • Elevated Lot
  • Partially Fenced Property
  • Wire Fence
  • Secluded Lot
  • Gentle Sloping Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Property is zoned Ra Rural Area

Parking

  • Driveway

Property Views

  • Ridge
  • Mountain

Farming

  • Timber
  • Agricultural
  • Farm Animals Allowed: Chickens, Cows, General Livestock, Horses

Utilities

  • Well
  • Septic Tank

Property Details

Property Type

Land

Est. Annual Taxes

$2,628

Lot Details

0

Listing Details

  • Class: Land
  • Property Type: Agricultural
  • L V T Date: 02/20/2019
  • Nameof Property: Lick Mountain
  • Price Per Sq Ft: 19736.84
  • Zoning: Ra Rural Area
  • Best Use: Farming, Grazing, Investment, Residential
  • Current Use: Pasture
  • Farm Animals: Chickens, Cows, General Livestock, Horses
  • Road Street: Public Rd
  • Timber: Hardwood, Mixed
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Land Description: Elevated, Gently Rolling, Partly Cleared, Partly Wooded, Secluded Lot

Exterior Features

  • Fence: Barbed, Fenced Partially, Woven Wire
  • Number Of Acres: 14.44
  • View: Blue Ridge View, Mountain View, Pastoral View
  • Water Property: Pond-Lake, Stream-Creek
  • Fenced: Yes

Garage/Parking

  • Driveway: Yes

Utilities

  • Sewer/Septic System: Septic Tank
  • Water: Individual Well
  • Electric: Routed To Property

Schools

  • Elementary School: Broadus Wood
  • Middle School: Jouett
  • High School: Albemarle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2019
Closed on
Jul 29, 2020
Sold by
Bailey Bonnie
Bought by
Rogan Eric
Seller's Agent
MAGGIE MacINNIS
REAL ESTATE III, INC.
Buyer's Agent
Yates McCallum
FRANK HARDY SOTHEBY'S INTERNATIONAL REALTY
List Price
$375,000
Sold Price
$285,000
Premium/Discount to List
-$90,000
-24%
Total Days on Market
489
Current Estimated Value
$535,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,427
Avg. Annual Appreciation
13.76%

Purchase Details

Closed on
Dec 13, 2018
Sold by
Walton Bailey Bonnie
Bought by
Helen Bailey Bonnie and Helen Marlene Gibson Walton
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rogan Eric $285,000 Old Republic Natl Ttl Ins Co
Helen Bailey Bonnie -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2020 08/06/20 Sold $285,000 -5.0% $162 / Sq Ft
06/23/2020 06/23/20 Pending -- -- --
02/05/2020 02/05/20 Price Changed $299,900 -7.7% $170 / Sq Ft
11/06/2019 11/06/19 Price Changed $325,000 -7.1% $185 / Sq Ft
08/01/2019 08/01/19 Price Changed $350,000 -6.7% $199 / Sq Ft
02/20/2019 02/20/19 For Sale $375,000 -- $213 / 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 $2,628 $294,000 $207,800 $86,200
2024 $2,826 $330,900 $239,200 $91,700
2023 $2,449 $286,800 $199,700 $87,100
2022 $2,525 $295,700 $199,700 $96,000
2021 $2,419 $283,300 $192,300 $91,000
2020 $2,610 $305,600 $192,300 $113,300
2019 $2,433 $284,900 $182,300 $102,600
2018 $1,915 $282,400 $182,300 $100,100
2017 $1,461 $275,000 $158,200 $116,800
2016 $1,172 $139,700 $76,100 $63,600
2015 $1,125 $137,400 $76,100 $61,300
2014 -- $136,800 $76,100 $60,700
Source: Public Records

Agents Affiliated with this Home

  • MAGGIE MacINNIS

    Seller's Agent in 2020

    MAGGIE MacINNIS

    REAL ESTATE III, INC.

    (434) 981-6669

    41 Total Sales

    MAGGIE MacINNIS
    Section Image
  • Yates McCallum

    Buyer's Agent in 2020

    Yates McCallum

    FRANK HARDY SOTHEBY'S INTERNATIONAL REALTY

    (415) 994-2464

    98 Total Sales

    Yates McCallum
    Section Image
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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 586181

Charlottesville area Association of Realtors®

APN: 00700-00-00-01300

Virginia Albemarle County Free Union 22940

7307 Blackwells Hollow Rd, Free Union, VA

This home is located at 7307 Blackwells Hollow Rd, Free Union, VA 22940 since 20 February 2019 and is currently estimated at $535,427, approximately $304 per square foot. 7307 Blackwells Hollow Rd is a home located in Albemarle County with nearby schools including Broadus Wood Elementary School, Journey Middle School, and Albemarle 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.

Charlottesville area 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.

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