$225,000
SOLD SEP 30, 2014

109 E Preston St Lexington, VA 24450

3 Beds
2 Baths
1,632 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$138 Per Sq Ft

21% Below List Price

113 Days on Market

About This Home

As of May 2023

Charming 1920's home in downtown Lexington! This 3 bedroom, 2.5 bath home has been completely renovated while retaining the original floors, doors and trim where possible. Front and back porches, off- street parking, ventless gas logs in the dining room fireplace and an open staircase in roomy foyer, all enhance this wonderful home in pristine condition. List of new items can be found in the docs.

Last Agent to Sell the Property

Stevie Bond

J.F. Brown Real Estate Services Listed on: 06/01/2014

Last Buyer's Agent

Susan Rinehart

Mead Associates Inc

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,069

Year Built

1922

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: South Main to right on Preston to corner of Varner and Preston. JF Brown Sign
  • HistoricProperty: No
  • Listing Member Name: Stevie Bond
  • Listing Office Short Id: 121
  • Open House Office I D: 20061211170240860305000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: rinehars
  • Selling Office Short Id: 121
  • Subdivision Yn: No
  • TotalFinSFApx: 1632.00
  • Year Built: 1922
  • Taxes Dollars: 1022.00
  • TotalAcresApx: 0.13
  • 1StFloorMstrBdrm: No
  • PorchDeckPatioPorch: Front
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Area Remarks: Downtown Lexignton
  • Has Basement: Unfinished
  • Full Bathrooms: 2.50
  • Updated Floor: Tile, Wood
  • Entry Location: Corner Lot
  • Appliances: Cook Top, Dishwasher, Dryer Hookup, Electric Range, Washer Hookup
  • Has Attic: Scuttle
  • Lower Floor 1 Bedrooms: 3
  • Fireplace: 1, Gas
  • Fireplace Location: Dining Room
  • Lower Floor 1 Bedrooms: 7

Exterior Features

  • Exterior: Vinyl
  • Flood Zone: Minimal
  • Roof: Shingle
  • Street: Preston
  • Tax Rate: .83
  • Flood Zone: SE
  • Exterior Features Other: off street parking
  • Guest House: No

Garage/Parking

  • GarageOther: off street parking

Utilities

  • Cooling: Heat Pump Electric
  • Heating: Forced Air, Gas
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Natural Gas

Schools

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

Lot Info

  • Future Land Use: No
  • Lot Dimensions: 60 x 100 approx
  • Zoning: Residential
  • Best Use: Residential
  • Current Use: Residential

Tax Info

  • Tax Map Number: 23-7-7
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2014
Closed on
Sep 22, 2014
Sold by
Sandage Gregory
Bought by
Haywood Pauline F
Seller's Agent
Stevie Bond
J.F. Brown Real Estate Services
Buyer's Agent
Susan Rinehart
Mead Associates Inc
List Price
$285,000
Sold Price
$225,000
Premium/Discount to List
-$60,000
-21.05%
Total Days on Market
113
Current Estimated Value
$402,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,891
Avg. Annual Appreciation
5.25%
Original Mortgage
$220,924
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 18, 2009
Sold by
Sandage Susan
Bought by
Sandage Gregory
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $225,000 None Available
Deed $60,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $304,000 Construction
Closed $208,960 New Conventional
Closed $220,924 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2023 05/16/23 Sold $380,000 0.0% $233 / Sq Ft
05/11/2023 05/11/23 Pending -- -- --
05/11/2023 05/11/23 For Sale $380,000 +46.2% $233 / Sq Ft
10/24/2019 10/24/19 Sold $260,000 -3.5% $159 / Sq Ft
09/24/2019 09/24/19 Pending -- -- --
07/29/2019 07/29/19 For Sale $269,500 +19.8% $165 / Sq Ft
09/30/2014 09/30/14 Sold $225,000 -21.1% $138 / Sq Ft
09/22/2014 09/22/14 Pending -- -- --
06/01/2014 06/01/14 For Sale $285,000 -- $175 / 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
2024 $2,069 $224,909 $40,000 $184,909
2023 $2,069 $224,909 $40,000 $184,909
2022 $2,069 $224,909 $40,000 $184,909
2021 $1,958 $184,705 $35,000 $149,705
2020 $1,958 $184,705 $35,000 $149,705
2019 $1,912 $184,705 $35,000 $149,705
2018 $1,912 $184,700 $35,000 $149,700
2017 $1,528 $137,700 $27,500 $110,200
2016 $1,501 $137,700 $27,500 $110,200
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Cheryl Shaw

    J.F. Brown Real Estate Services

    (540) 570-5352

    78 in this area

    100 Total Sales

    Section Image

  • R

    Seller's Agent in 2019

    Rodger Rinehart

    J.F. Brown Real Estate Services

    (540) 464-1776

    51 in this area

    94 Total Sales

    Section Image

  • S

    Seller's Agent in 2014

    Stevie Bond

    J.F. Brown Real Estate Services

    Section Image

  • S

    Buyer's Agent in 2014

    Susan Rinehart

    Mead Associates Inc

See All Agents

Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 128431

APN: 23-7-7

Virginia Lexington City County Lexington 24450

109 E Preston St, Lexington, VA

This home is located at 109 E Preston St, Lexington, VA 24450 and is currently priced at $225,000, approximately $137 per square foot. This property was built in 1922. 109 E Preston St is a home located in Lexington City with nearby schools including Harrington Waddell Elementary School, Lylburn Downing Middle School, and Earthsong Community School.

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