$260,000
SOLD OCT 24, 2019

109 E Preston St Lexington, VA 24450

3 Beds
2.5 Baths
1,632 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$159 Per Sq Ft

4% Below List Price

57 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Gas Fireplace
  • Harrington Waddell Elementary School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of May 2023

Walk to downtown in minutes. Fantastic location. Beautifully renovated with off street parking . Three bedrooms upstairs and 2.5 bathrooms.Renovated in 2014 new electrical,plumbing,cooling,heating,roof. The original doors and baseboard trim refurbished,energy efficient windows,new heavy duty hot water heater. All new fixtures in baths and Kitchen,new appliances,chimney retrofitted w/ damper and new firebox,front and back porches all new construction.

Last Agent to Sell the Property

Rodger Rinehart

James River Realty - Lexington Listed on: 07/29/2019

Last Buyer's Agent

Cheryl Shaw

Lexington Real Estate Connection

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,911

Year Built

  • Built in 1922

Parking

  • No Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,632 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Wood Flooring
  • Walk-Out Basement
  • Scuttle Attic Hole

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Natural Gas Water Heater

Additional Features

  • 6,098 Sq Ft Lot
  • Flood Zone Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 23

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,911

Year Built

Built in 1922

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: Main St to right on Preston house on right
  • HistoricProperty: No
  • Listing Member Name: Rodger Rinehart
  • Listing Office Short Id: 121
  • Open House Office I D: 20061211170240860305000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: shawc
  • Selling Office Short Id: 121
  • Subdivision Yn: No
  • TotalFinSFApx: 1632.00
  • Year Built: 1922
  • Taxes Dollars: 1911.00
  • TotalAcresApx: 0.14
  • 1StFloorMstrBdrm: No
  • StyleTwoStory: YES
  • YardSign: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Slab, Walkout
  • Full Bathrooms: 2.00
  • Updated Floor: Wood
  • Half Bathrooms: 1
  • Has Attic: Scuttle
  • Lower Floor 1 Bedrooms: 3
  • Fireplace: 1, Gas
  • Lower Floor 1 Bedrooms: 7

Exterior Features

  • Exterior: Vinyl
  • Roof: Shingle
  • Street: Preston
  • Tax Rate: 1.11
  • Flood Zone: SE

Garage/Parking

  • Garage Spaces: None

Utilities

  • Cooling: Central Cooling
  • Heating: Forced Air, Heat Pump(s)
  • 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
  • Zoning: Residential
  • Best Use: Residential
  • Current Use: Residential

Tax Info

  • Tax Map Number: 23
  • Tax Year: 2019

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%
Current Estimated Value
$424,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,407
Avg. Annual Appreciation
5.46%
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

Range of Values:

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Average Value
Not Available
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 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

    79 in this area

    100 Total Sales

    Cheryl Shaw
    Section Image

  • R

    Seller's Agent in 2019

    Rodger Rinehart

    James River Realty - Lexington

    (540) 464-1776

    51 in this area

    94 Total Sales

    Rodger Rinehart
    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: 134361

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 $260,000, approximately $159 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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