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627&641 Novelty Rd, Union Hall, VA, 24176

4beds
2baths
3,409sqft
$279,900
$82price/sqft
$1,908/moest. monthly cost
$76,320/yrincome needed

About This Home

Come see these two adjacent properties in the heart of Franklin County ready for you to make into your homestead, investment opportunity, family compound or a hobby farm! With beautiful Smith Mountain views, 641 Novelty Rd offers a larger home with 2,128 sq ft, 4-bed, 2-bath + bonus room on one acre. This home has plenty of potential and ready for you to make it your dream oasis with spacious rooms and plenty of opportunities including a bonus room that could be a 5th bedroom, office or entertaining space. The 2 car garage also has a workshop attached offering plenty of additional space! Come see this property today! Septic and Well also on the property as well as additional septic and power for 2 RV hookups! Surrounded by a 133 acre farm, this homestead offers the ultimate in privacy and relaxation while close to SML and Rocky Mount. It's even less than 10 minutes to a public boat launch! Come see this amazing opportunity today!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
10
BikeSomewhat Bikeable

Schools

7/10
5/10
Ben. Franklin Middle-WestGrades 6-812.7 mi
4/10
Franklin County High SchoolGrades 9-1212.2 mi

Construction

Condition

  • Property condition: Completed
  • Year built: 1997

Materials

  • Construction materials: Vinyl

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Electric Range,Refrigerator

Bedroom2

  • Level: E

Bedroom3

  • Level: E

Bedroom4

  • Level: E

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Level: E

Family Room

  • Level: E

Features

  • Storage
  • Flooring: Carpet
  • Number of fireplaces: 1
  • Fireplace features: Living Room
  • Fireplace: Yes
  • Finished area above ground: 3,409

Heating & Cooling

  • Heating features: Heat Pump Electric
  • Cooling features: Heat Pump Electric

Interior Area

  • Total structure area: 3,409
  • Total interior livable area: 3,409 sqft

Kitchen

  • Level: E

Living Room

  • Level: E

Mud Room

  • Level: E

Office

  • Level: E

Other

  • Level: E

Primary Bedroom

  • Level: E

Property

Details

  • Parcel number: 0660011600 & 0660011702

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Front Porch,Rear Porch,Side Porch
  • Exterior features: Other - See Remarks,Maint-Free Exterior

Lot

  • Lot size: 2 Acres
  • Features: Manufac Home Allowed

Parking

  • Parking features: Attached
  • Has garage: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Drought
    DroughtModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Drought
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters Across Virginia Counties

Flood
Severe Storm
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,415$16,980
Home Insurance *$49$588
Property Taxes $116$1,392
Electricity $328$3,940
Total$1,908$22,896
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$65,417/yr
40% on housing$57,240/yr
45% on housing$50,880/yr

Virginia FAIR Plan Programs

Virginia Property Insurance Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 22,622Commercial: 503
Total Premiums$20.86M
Total Exposure$4.29B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.3%
9.3%
0%30.0%
Electricity Growth Rate10-year average: 7.8%
7.8%
0%15.0%
Property Taxes Growth Rate2-year average: -2.3%
-2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$82This listing

vs Other Active Listings

Avg $/sqft

ZIP 24176$360
Franklin County$242

vs Homes Sold Last Month

Median $/sqft

ZIP 24176$290
Franklin County$174

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-25Listed for sale$294,900
2026-04-24Listing removed$294,900
2026-02-20Listed for sale$294,900
2026-02-19Listing removed$299,400
2026-02-06Price change$299,400
2026-01-09Listed for sale$299,900

For Sale by Agent

AgentBRENDA FICHTNER BRATT
BrokerageWAINWRIGHT & CO., REALTORS(r)- LAKE

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