2 B Spence Rd Union

37,461 / 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®- LAKE

Property Details for 2 B Spence Rd Union

View
Sunset, Lake
Zoning
A-1
Subdivision Name
N/A
LISTING CLOSED: 06/12/2020 12:00 AM

Property Details for 2 B Spence Rd Union

StatusClosed
MLS #864596
Days on Market147
Taxes$1,147 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeLand
Year Built-
Lot Size0.86 AC
CountyFranklin County

Location

Listing Courtesy of WAINWRIGHT & CO., REALTORS®- LAKE, DAVID SIMON

Sold By WAINWRIGHT & CO., REALTORS®- LAKE, DAVID SIMON

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Building Information for 2 B Spence Rd Union

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 2 B Spence Rd Union

Summary
Location and General Information
  • Directions: RT 40 to Kemp Ford rd in Union Hall to left on Spence Rd to property on the left at sign.
  • MLS Area Major: 0490 - SML Franklin County
  • City: Union Hall
  • State Or Province: VA
  • Postal Code: 24176
  • County Or Parish: Franklin County
  • MLS Area Minor: 0490 - SML Franklin County
  • General Property Description - Road Frontage: 169.0
  • General Property Description - Water Class: Waterfront Property
  • General Property Description - Length of Waterfront: 100.0
Taxes and HOA
  • Association YN: No
  • Association Fee: $0
  • Parcel Number: 0520002901
  • Tax Block: 0
  • Tax Lot: Tract 2-B
  • Tax Tract Or Section: 0
  • Tax Amount: $1,147
  • Location Legal Taxes - Phase: $0
  • Location Legal Taxes - Annual Taxes: $1,147
  • Location Legal Taxes - Section: 0
  • Location Legal Taxes - POA YN: No
  • Location Legal Taxes - POA Dues: $0
School Information
  • Elementary School: Glade Hill
  • Middle Or Junior School: Ben Franklin Middle
  • High School: Franklin County
Property
Lot Information
  • Lot Size Acres: 0.86
  • Lot Size Area: 0.86
  • Lot Size Dimensions: irregular
  • Lot Size Units: Acres
  • Lot Size Square Feet: 37461.6
  • General Property Description - Total Acreage: 0.86
  • General Property Description - Manufactured Allowed: No
  • Land Description - Gentle Slope: Yes
Property and Assessments
  • Total Bathrooms Source: MLS
  • Property Type: Land
  • General Property Description - Land Sub - Type: Residential - Single Family
  • Property Type Label: Land
  • Documents Available - Survey: Yes
Utilities
  • General Property Description - Water ID: Smith Mtn Lake
  • Sewer: None
  • Other Water Details - Channel Marker: B-25
Interior and Exterior Features
Interior Features
  • Electric: None Available
  • Gas: None Available
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Notational: 0.0

Property History for 2 B Spence Rd Union

DateEvent & SourcePriceAppreciation
Jun 12, 2020

Sold

Roanoke Valley Association of REALTORS #864596

$70,000
Mar 27, 2020

Pending

Roanoke Valley Association of REALTORS #864596

Nov 2, 2019

Listed (Active)

Roanoke Valley Association of REALTORS #864596

$75,000
DateEvent & SourcePrice
06/12/2020

Sold

Roanoke Valley Association of REALTORS #864596

$70,000
03/27/2020

Pending

Roanoke Valley Association of REALTORS #864596

11/02/2019

Listed (Active)

Roanoke Valley Association of REALTORS #864596

$75,000

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

Schools near 2 B Spence Rd Union

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
Public - PK to 5
Rating
School
Distance
Glade Hill Elementary School
PublicPK to 5

Benjamin Franklin Middle School
Public6 to 8

Franklin County High School
Public9 to 12

Burnt Chimney Elementary School
PublicPK to 5

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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Listing Courtesy of WAINWRIGHT & CO., REALTORS®- LAKE, 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.