NOT LISTED FOR SALE

1 Morrison Dr Lexington, VA 24450

Estimated Value: $391,000 - $419,000

4 Beds
3 Baths
1,914 Sq Ft
$209/Sq Ft Est. Value

Last Sold March 03, 2020

Last sale price $240,000 $125 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $2,297/month

343 Days on Market

Highlights

  • Wood Burning Stove
  • Outdoor Fireplace
  • No HOA
  • Harrington Waddell Elementary School Rated A
  • Wood Flooring
  • Front Porch

About This Home

As of March 2020

Meticulously maintained split level home located in a quiet, friendly neighborhood. The first floor contains the living room, dining room, updated kitchen, bedroom/office, family room with a fireplace/wood stove insert and laundry enclosure, full bath and a double door garage. The second floor features the master bedroom with bath, 2 additional bedrooms and another full bath (with bathtub). The house has a large basement with an exterior door access. There are eco-friendly bamboo floors throughout most of this home. The architectural layout of the house reflects the excellent feng shui practice.

Last Agent to Sell the Property

Nancy Stout

James River Realty - Lexington Listed on: 03/01/2019

Last Buyer's Agent

Rona Bruce

Prudential Commonwealth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,385

Year Built

  • Built in 1976

Lot Details

  • 0.35 Acre Lot
  • Property fronts a state road
  • Subdivision Possible

Home Design

  • Bi-Level Home
  • Brick Exterior Construction
  • Shingle Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 1,914 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Stove
  • Den with Fireplace
  • Scuttle Attic Hole

Kitchen

  • Oven
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Heated Basement
  • Walk-Out Basement
  • Partial Basement
  • Interior Basement Entry

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Patio
  • Outdoor Fireplace
  • Front Porch

Location

  • Flood Zone Lot

Schools

  • Waddell Elementary School
  • Lylburn Downing Middle School
  • Rockbridge Co High School

Utilities

  • Forced Air Zoned Heating System
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Morrison Drive Community
  • Shenandoah Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 40 4 2 7

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,385

Year Built

Built in 1976

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: Main Street to right on Link Road (route 251) to left on Morrison Drive. First house on the right.
  • HistoricProperty: No
  • Listing Member Name: Nancy Stout
  • Listing Office Short Id: jrrlex
  • Open House Office I D: 20080325192429605012000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: rona
  • Subdivision Name: Shenandoah Acres
  • Subdivision Yn: Yes
  • TotalFinSFApx: 1914.00
  • Year Built: 1976
  • Taxes Dollars: 2384.64
  • TotalAcresApx: 0.35
  • 1StFloorMstrBdrm: No
  • PorchDeckPatioPatio: Rear
  • PorchDeckPatioPorch: Front
  • Building Style: Bi-Level
  • Type of Construction: Stick Built
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Heated, Interior Access, Partial, Unfinished, Walkout
  • Full Bathrooms: 3.00
  • Flood Zone Other: zone X
  • Updated Floor: Tile, Vinyl, Wood
  • Appliances: As Is, Dishwasher, Disposal, Dryer, Electric Range, Oven, Refrigerator, Washer, Wood Stove
  • Has Attic: Scuttle
  • Lower Floor 1 Bedrooms: 4
  • Fireplace: 1, Wood Stove
  • Fireplace Location: Den
  • Lower Floor 1 Bedrooms: 8

Exterior Features

  • Exterior: Brick, Wood
  • Exterior Features: Cable Available, Ceiling Fan(s), Fireplace, Patio-Rear, Paved Driveway, Porch-Front, Storm Door-Front, Storm Door-Rear, Storm Windows-Partia, Wood Stove
  • Road Frontage: Paved Road, State Road
  • Roof: Shingle
  • Street: Morrison
  • Tax Rate: 1.035
  • Flood Zone: SW
  • Exterior Features: Patio, Paved Driveway, Porch

Garage/Parking

  • Garage Spaces: Attached, Double

Utilities

  • Cooling: Heat Pump Electric
  • Heating: Electric, Forced Air, Heat Pump(s), Zoned Heat
  • Sewer: Public Sewer
  • Utilities Available: Cable, Electric, Public Sewer, Public Water
  • Water: Public Water
  • Water Heater: Electric

Schools

  • Elementary School: Waddell
  • High School: Rockbridge Co
  • Middle School: Lylburn Downing

Lot Info

  • Property Name: Morrison Drive
  • Zoning: Residential
  • Best Use: Residential
  • Current Use: Residential

Green Features

  • Energy Features: Wood Stove

Tax Info

  • Tax Map Number: 40 4 2 7
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2019
Closed on
Feb 18, 2020
Sold by
Vandijk Pietrzak Jolanta M
Bought by
Smith Brian W and Smith Rebekah A
Seller's Agent
Nancy Stout
James River Realty - Lexington
Buyer's Agent
Rona Bruce
Prudential Commonwealth
List Price
$250,000
Sold Price
$240,000
Premium/Discount to List
-$10,000
-4%
Current Estimated Value
$400,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,015
Avg. Annual Appreciation
9.06%
Original Mortgage
$231,990
Outstanding Balance
$202,492
Interest Rate
2.88%
Mortgage Type
FHA
Estimated Equity
$197,524

Purchase Details

Closed on
May 19, 2005
Sold by
Suntrust Bank Inc and Mcclung Mary F
Bought by
Vandijk Petrus A and Van Dijk Pietrzak Jolanta A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 11, 2005
Sold by
Sherman James E and Mcclung Mary F
Bought by
Suntrust Bank Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Smith Brian W $24,000 Partners Escrow & Title Inc
Vandijk Petrus A -- None Available
Suntrust Bank Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Brian W $231,990
Previous Owner Vandijk Petrus A $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2020 03/03/20 Sold $240,000 -4.0% $125 / Sq Ft
02/07/2020 02/07/20 Pending -- -- --
03/01/2019 03/01/19 For Sale $250,000 -- $131 / Sq Ft
Source: Rockbridge Highlands 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 $2,712 $294,800 $70,000 $224,800
2024 $27 $294,756 $70,000 $224,756
2023 $2,712 $294,756 $70,000 $224,756
2022 $2,712 $294,756 $70,000 $224,756
2021 $2,442 $230,402 $60,000 $170,402
2020 $2,442 $230,402 $60,000 $170,402
2019 $2,385 $230,402 $60,000 $170,402
2018 $2,385 $230,400 $60,000 $170,400
2017 $2,510 $226,100 $60,000 $166,100
2016 $2,464 $226,100 $60,000 $166,100
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2020

    Nancy Stout

    James River Realty - Lexington

  • R

    Buyer's Agent in 2020

    Rona Bruce

    Prudential Commonwealth

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Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 133818

APN: 40 4 2 7

Virginia Lexington City County Lexington 24450

1 Morrison Dr, Lexington, VA

Not Listed for Sale

Detached

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