NOT LISTED FOR SALE

111 N Randolph St Lexington, VA 24450

Estimated Value: $234,000 - $353,000

3 Beds
2 Baths
1,322 Sq Ft
$207/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $180,000 $136 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,597/month

39 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Forced Air Heating and Cooling System
  • Harrington Waddell Elementary School Rated A
  • Front Porch
  • 1-minute walk to Lexington Historic District

About This Home

As of January 2021

The Rainbow House, now on the market! This 1894 rare Anglo-Japanese style home is located a block off of Main Street in downtown Lexington. Home offers living room with lots of natural light and fireplace, dining room, open kitchen and office. Home hosts three bedrooms and two full baths. Enjoy the Randolph Street views from the fantastic covered front porch. Plenty of off street parking and deep city lot. Formally a rental with great rental history. A fantastic opportunity as an investment or as a full time residence.

Last Agent to Sell the Property

Kara Braddick

James Wm. Moore Real Estate Co. Listed on: 10/12/2020

Last Buyer's Agent

Rona Bruce

Prudential Commonwealth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,415

Year Built

  • Built in 1894

Lot Details

  • 0.4 Acre Lot
  • Property fronts a state road

Parking

  • No Garage

Home Design

  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,322 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Basement Cellar
  • Scuttle Attic Hole
  • Washer and Dryer Hookup

Kitchen

  • Oven
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater

Additional Features

  • Front Porch
  • Flood Zone Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 17 1 152

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,415

Year Built

Built in 1894

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Heating Cooling Other: second fl. only
  • Directions: Main Street to right on Henry, left on Randolph, home on right
  • HistoricProperty: No
  • Listing Member Name: Kara F. Braddick
  • Listing Office Short Id: 78
  • Open House Office I D: 20061211170240946497000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: rona
  • Selling Office Short Id: 78
  • Subdivision Yn: No
  • TotalFinSFApx: 1322.00
  • Year Built: 1894
  • Taxes Dollars: 1415.00
  • TotalAcresApx: 0.40
  • 1StFloorMstrBdrm: No
  • PorchDeckPatioPorch: Front
  • StyleTwoStory: YES
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Cellar
  • Full Bathrooms: 2.00
  • Updated Floor: Tile, Vinyl, Wood
  • Appliances: As Is, Dishwasher, Dryer Hookup, Oven, Refrigerator, Washer Hookup
  • Has Attic: Scuttle
  • Lower Floor 1 Bedrooms: 3
  • Fireplace: 1
  • Fireplace Location: Living Room
  • Lower Floor 1 Bedrooms: 7

Exterior Features

  • Exterior: Wood
  • Road Frontage: City Street, State Road
  • Roof: Metal
  • Street: Randolph
  • Tax Rate: 1.11
  • Flood Zone: NW

Garage/Parking

  • Garage Spaces: None

Utilities

  • Cooling: Central Cooling
  • Heating: Forced Air, Gas
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

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

  • Zoning: Residential
  • Best Use: Investment, Residential
  • Current Use: Investment

Tax Info

  • Tax Map Number: 17 1 152
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2020
Closed on
Dec 22, 2020
Sold by
Brown Bernard M and Albano Antonia
Bought by
Palmer Terri L
Seller's Agent
Kara Braddick
James Wm. Moore Real Estate Co.
Buyer's Agent
Rona Bruce
Prudential Commonwealth
List Price
$199,000
Sold Price
$180,000
Premium/Discount to List
-$19,000
-9.55%
Current Estimated Value
$273,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,453
Avg. Annual Appreciation
9.52%
Original Mortgage
$144,000
Outstanding Balance
$128,725
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$144,728
Source: Public Records

Range of Values:

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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
Palmer Terri L $180,000 Agent Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmer Terri L $144,000
Previous Owner Brown Bernard M $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $180,000 -9.5% $136 / Sq Ft
11/20/2020 11/20/20 Pending -- -- --
10/12/2020 10/12/20 For Sale $199,000 -- $151 / 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 $1,414 $153,740 $40,000 $113,740
2023 $1,414 $153,740 $40,000 $113,740
2022 $1,414 $153,740 $40,000 $113,740
2021 $1,352 $127,482 $38,500 $88,982
2020 $1,352 $127,482 $38,500 $88,982
2019 $1,320 $127,482 $38,500 $88,982
2018 $1,320 $127,500 $38,500 $89,000
2017 $1,140 $102,700 $20,000 $82,700
2016 $1,119 $102,700 $20,000 $82,700
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 135540

APN: 17 1 152