NOT LISTED FOR SALE

916 Somerset Cove Rd Union Hall, VA 24176

Estimated Value: $923,000 - $1,461,000

3 Beds
2 Baths
2,589 Sq Ft
$503/Sq Ft Est. Value

Last Sold June 03, 2013

Last sale price $622,000 $240 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $7,507/month

370 Days on Market

Highlights

  • 203 Feet of Waterfront
  • Lake View
  • Contemporary Architecture
  • Floating Dock
  • Deck
  • Cathedral Ceiling

About This Home

As of June 2013

Fantastic setting-trees, flowers and long wide water views! Flat point lot with 200+ ft of shoreline. Great boat dock. Large windows. Deck perfect for entertaining. Sep. storage/garage. Garage under for lawn, boating equipment & lake toys.

Last Agent to Sell the Property

Jane Sullivan Horne

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE License #0225147263 Listed on: 03/09/2012

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Last Buyer's Agent

Peter Roberts

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE License #0225098936

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $3,286

Year Built

  • Built in 1989

Lot Details

  • 1.05 Acre Lot
  • 203 Feet of Waterfront
  • Cul-De-Sac
  • Level Lot

Parking

  • Tuck Under Garage

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2,589 Sq Ft Home
  • Cathedral Ceiling
  • Living Room with Fireplace
  • Sun or Florida Room
  • Lake Views
  • Partial Basement

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Personal Watercraft Lift
  • Boat Hoist or Davit
  • Floating Dock
  • Covered Dock
  • Deck
  • Shed
  • Front Porch

Schools

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

Utilities

  • Heat Pump System
  • Underground Utilities
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Somerset Cove Subdivision

Listing and Financial Details

  • Tax Lot 5

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$3,286

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Interior Features: Cathedral Ceiling
  • Heating System: Heat Pump Electric
  • Fireplace(s): Living Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Partial Basement
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Deck, Storage Shed, Sunroom
  • Views: Lake, Sunset
  • AddlCoveredPrkng: Other
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 2265.00
  • ExteriorDoors: Full View
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsEntryLvl: 2
  • Grand Total Attached S Q F T: 3095
  • LaundryLaundryEntryLevel: 1
  • LengthOfWaterfront: 203.00
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBREntryLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Under
  • RatifiedContractDt: 2013-03-14
  • Residential Type: Detached
  • Style Of House: Contemporary
  • Total Above Grd Fin S Q F T: 2589
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 2589.00
  • TotalUnfin Sq Ft: 506.00
  • Unfinished Attached S Q F T Lower S Q F T Unfin Old: 506.00
  • UpperAboveGrdFin Sq Ft: 324.00
  • Water Class: Waterfront Property
  • WaterID: Smith Mtn Lake
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch, Rear Porch

Utilities

  • Sewer Description: Private Septic - 3BR
  • Water Description: Public Water

Association/Amenities

  • Misc Features: Cable TV, Cul-de-sac, Paved Road, Underground Util

Schools

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

Lot Info

  • Lot Description: Level Lot, Views
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 1.05
  • Lot: 5

Green Features

  • Water Features: Point

Building Info

  • Year Built: 1989

Tax Info

  • Taxes (6 mo): 3286.00
  • FILLTAXID: 05203075

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
Mar 9, 2012
Closed on
May 14, 2013
Sold by
Belvin Richard D and Belvin Mary L
Bought by
Farmer Arthur W and Farmer Janet S
Seller's Agent
Jane Sullivan Horne
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Buyer's Agent
Peter Roberts
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
List Price
$688,000
Sold Price
$622,000
Premium/Discount to List
-$66,000
-9.59%
Current Estimated Value
$1,302,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$680,569
Avg. Annual Appreciation
6.15%
Original Mortgage
$497,600
Outstanding Balance
$361,670
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$929,424
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
Farmer Arthur W $622,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farmer Arthur W $497,600
Previous Owner Belvin Richard D $938,250
Previous Owner Belvin Mary Lou $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2013 06/03/13 Sold $622,000 -9.6% $240 / Sq Ft
03/14/2013 03/14/13 Pending -- -- --
03/09/2012 03/09/12 For Sale $688,000 -- $266 / 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 $4,918 $1,143,800 $322,000 $821,800
2023 $4,007 $656,900 $305,000 $351,900
2022 $4,007 $656,900 $305,000 $351,900
2021 $4,007 $656,900 $305,000 $351,900
2020 $4,007 $656,900 $305,000 $351,900
2019 $3,888 $637,400 $305,000 $332,400
2018 $3,888 $637,400 $305,000 $332,400
2017 $3,506 $684,700 $330,000 $354,700
2016 $3,506 $684,700 $330,000 $354,700
2015 $3,697 $684,700 $330,000 $354,700
2014 $3,697 $684,700 $330,000 $354,700
2013 $3,697 $684,700 $330,000 $354,700
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Jane Sullivan Horne

    BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    (540) 493-1690

    15 in this area

    120 Total Sales

    Jane Sullivan Horne
    Section Image
  • Peter Roberts

    Buyer's Agent in 2013

    Peter Roberts

    BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    (540) 525-4510

    5 in this area

    50 Total Sales

    Peter Roberts
    Section Image
See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 779652

Roanoke Valley Association of REALTORS®

APN: 0520307500

Virginia Franklin County Union Hall 24176

916 Somerset Cove Rd, Union Hall, VA

This home is located at 916 Somerset Cove Rd, Union Hall, VA 24176 since 09 March 2012 and is currently estimated at $1,302,569, approximately $503 per square foot. This property was built in 1989. 916 Somerset Cove Rd is a home located in Franklin County with nearby schools including Glade Hill Elementary School, Benjamin Franklin Middle School, and Franklin County 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.

Roanoke Valley 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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