37,462 / 0.86
Lot Size / Acres

Description

Incredible investment and/or your chance to own a waterfront lot on Smith Mountain Lake for your full time home or part time lake cottage. This lot is in wide cove that immediately opens up to the the Blackwater main channel. Priced for fast sale at $110,000 under tax assessed value. That's not a typo... Listing price is just 41% of tax assessment! Wooded with very gentle slope to the water. 100 ft water frontage. Beautiful southwest facing lake views from the home site. Go look at this lot, before...Incredible investment and/or your chance to own a waterfront lot on Smith Mountain Lake for your full time home or part time lake cottage. This lot is in wide cove that immediately opens up to the the Blackwater main channel. Priced for fast sale at $110,000 under tax assessed value. That's not a typo... Listing price is just 41% of tax assessment! Wooded with very gentle slope to the water. 100 ft water frontage. Beautiful southwest facing lake views from the home site. Go look at this lot, before it is gone.
  1. Listed by David Simon • Wainwright & Co., Realtors

Property Details for 0 Spence Road

Zoning
A-1
Directions
RT 40 to Kemp Ford rd in Union Hall to left on Spence Rd to property on the left at sign.
LISTING CLOSED: 09/01/2020 12:00 AM

Property Details for 0 Spence Road

StatusClosed / Sold
MLS #321853
Days on Market146
Taxes$1,147 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeLand / Unimproved Land
Year Built-
Lot Size0.86 AC
CountyFranklin County

Location

Listing Courtesy of Wainwright & Co., Realtors, David Simon

Sold By Wainwright & Co, David Simon

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Building Information for 0 Spence Road

Lot Size0.86 AC

Payment Calculator

$451 per month

30 year fixed, 6.55% Interest

Principal and Interest

$356

Property Taxes

$96

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 0 Spence Road

Summary
Location and General Information
  • County/City: Other
  • State: VA
  • ZIP: 24176
  • Area: Other
  • Longitude: -79.69
  • Latitude: 37.04
  • City/Town: Union Hall
  • Access: Rd Frnt State Paved
Taxes and HOA
  • Estimated Taxes: $1,147.00
  • Association: Lynchburg Board of Realtors
  • Association Fee Amount: $.00
  • Association Fee: 0.00
School Information
  • School District: Other
Property
Lot Information
  • Acres: 0.86
  • Lot Measurement: Acres
  • Lot Size Source: (Public Records)
  • Lot Square Footage: 37462.0
  • Square Footage: 0.0
  • Lot Number: 2-B
Property and Assessments
  • Property Type: Land
  • Property Subtype 1: Unimproved Land
  • Road Frontage: .00
  • Restrictions: Modulars Allowed
  • Age: 0
  • Financing: Conventional
  • FIPS Code: 999
  • Legal Description: Tract 2-B Lot 0 Section 0
  • Building on Property: None
  • Property Disclaimer: All information herein has not been verified and is not guaranteed
  • Best Use: Dvlp to Residential
  • Current Use: Unimproved
  • Allow Auto Estimate: Yes
  • Allow Reviews: No
  • Validated: Yes
Interior and Exterior Features
Interior Features
  • Limited Services: No
  • Bathrooms: .00
  • Bathrooms Display: 0 (0 0)
  • Quarter Bathrooms: 0
  • Full Bathrooms: 0
  • Half Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Bedrooms: 0
  • Possible Bedrooms: 0
Multi Family
Income and Expenses
  • Miscellaneous: Lake / Pond

Property History for 0 Spence Road

DateEvent & SourcePriceAppreciation
Sep 1, 2020

Sold

Lynchburg Association of REALTORS #321853

$70,000
Mar 27, 2020

Pending

Lynchburg Association of REALTORS #321853

Nov 2, 2019

Listed (Active)

Lynchburg Association of REALTORS #321853

$75,000
DateEvent & SourcePrice
09/01/2020

Sold

Lynchburg Association of REALTORS #321853

$70,000
03/27/2020

Pending

Lynchburg Association of REALTORS #321853

11/02/2019

Listed (Active)

Lynchburg Association of REALTORS #321853

$75,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 0 Spence Road

This home is within Franklin County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Glade Hill Elementary School
PublicPK to 5

Benjamin Franklin Middle School
Public6 to 8

Franklin County High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Wainwright & Co., Realtors, David Simon

Based on information from one of the following Multiple Listing Services: CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.