NOT LISTED FOR SALE

1178 Reid Rd Lexington, VA 24450

Estimated Value: $311,000 - $401,000

1 Bed
1 Bath
1,600 Sq Ft
$225/Sq Ft Est. Value

Last Sold July 15, 2021

Last sale price $319,000 $199 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,344/month

26 Days on Market

About This Home

As of July 2021

Charming Historic Property a'' Timber Ridge General Store and Post Office with Barn and 2.665 acres .located in a quiet country setting. Built at the turn of the century, it features an open concept upstairs and downstairs, original stamped tin ceiling and heart pine floors.. It has been recently renovated with new kitchen including granite counter tops, fresh paint throughout, new gas furnace, Vermont castings gas stove , washer and dryer, 10' x 14' deck, BARC Fiber Optic service NOTE: Owner is a licensed Real Estate AgentBarn a'' center aisle - 4 - 12' x 12 stalls with fenced pasture and paddock. Lots of storage on the 2nd floor.

Last Agent to Sell the Property

Melissa Hennis

Howard Hanna R E Services Listed on: 04/22/2021

Howard Hanna R E Services

Last Buyer's Agent

Rodger Rinehart

Mead Associates Inc

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,961

Year Built

1906

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: North on Route 11 past Maple Hall on leftTurn left at 716 (Mt Atlas Road)Go 1.1 MileTurn left onto Reid RoadGo down hill, curve to the left and the second driveway to the leftHouse up on the hill
  • HistoricProperty: Yes
  • Listing Member Name: Melissa C. Hennis
  • Listing Office Short Id: HHRES
  • Open House Office I D: 20180717163240810671000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: rodger
  • Selling Office Short Id: 121
  • Subdivision Yn: No
  • TotalFinSFApx: 1600.00
  • Year Built: 1906
  • Taxes Dollars: 1114.26
  • TotalAcresApx: 2.67
  • 1StFloorMstrBdrm: No
  • PorchDeckPatioDeck: Side
  • PorchDeckPatioPorch: Front
  • Building Style: Historical
  • StyleTwoStory: YES
  • Type of Construction: Stick Built
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Crawl Space, Dirt Floor
  • Basement Other Rooms: vapor barrier
  • Full Bathrooms: 1.00
  • Updated Floor: Wood
  • Utilities Available Other: BARC fiber optic
  • Appliances: Dishwasher, Disposal, Down Draft Stove, Dryer, Gas Range, Ice Maker, Refrigerator, Smoke Detector, Washer
  • Has Attic: None
  • Lower Floor 1 Bedrooms: 1
  • Fireplace: Gas
  • Fireplace Location: Living Room
  • Fireplace Other: Vermont Castings
  • Interior Amenities: Ceiling Fan
  • Lower Floor 1 Bedrooms: 2

Exterior Features

  • Easements: None
  • Exterior: Wood
  • Exterior Features: Ceiling Fan(s), Deck-Side, Fireplace, Horses Permitted, Porch-Open, Satellite Dish, Storm Door-Front
  • Flood Zone: Minimal
  • Road Frontage: Paved Road
  • Roof: Metal
  • Street: Reid
  • Surface Water: Creek/Stream
  • Tax Rate: .735/100
  • Flood Zone: NW
  • Out Buildings: Horse Barn
  • Fencing: Split Rail, Wood
  • Topography: Rolling
  • Exterior Features: Barn, Deck, Fenced Yard
  • Guest House: No

Garage/Parking

  • Garage Spaces: None

Utilities

  • Cooling: Central Cooling, Heat Pump Electric
  • Heating: Forced Air, Liquid Propane
  • Sewer: Existing Septic
  • Utilities Available: Electric
  • Water: Shared Well
  • Water Heater: Electric

Schools

  • Elementary School: Fairfield
  • Middle School: Maury River
  • High School: Rockbridge Co
  • Elementary School: Fairfield
  • High School: Rockbridge Co
  • Middle School: Maury River

Lot Info

  • Future Land Use: No
  • Zoning: Residential
  • Best Use: Horses, Investment, Residential
  • Current Use: Investment, Residential

Tax Info

  • Tax Map Number: 50 A 41 C
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2021
Closed on
Jul 12, 2021
Sold by
Elkins Catherine K
Bought by
Jarvis Judson E and Jarvis Ann Olivia
Seller's Agent
Melissa Hennis
Howard Hanna R E Services
Buyer's Agent
Rodger Rinehart
Mead Associates Inc
List Price
$329,000
Sold Price
$319,000
Premium/Discount to List
-$10,000
-3.04%
Current Estimated Value
$398,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,401
Avg. Annual Appreciation
4.69%
Original Mortgage
$303,050
Outstanding Balance
$278,048
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$106,299
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Jarvis Judson E $319,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jarvis Judson E $303,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2021 07/15/21 Sold $319,000 -3.0% $199 / Sq Ft
05/18/2021 05/18/21 Pending -- -- --
04/22/2021 04/22/21 For Sale $329,000 -- $206 / 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 $1,961 $321,500 $72,500 $249,000
2023 $1,961 $321,500 $72,500 $249,000
2022 $1,103 $149,000 $47,500 $101,500
2021 $1,103 $149,000 $47,500 $101,500
2020 $1,103 $149,000 $47,500 $101,500
2019 $1,088 $149,000 $47,500 $101,500
2018 $1,043 $149,000 $47,500 $101,500
2017 $1,043 $149,000 $47,500 $101,500
2016 $1,097 $149,300 $57,500 $91,800
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Melissa Hennis

    Seller's Agent in 2021

    Melissa Hennis

    Howard Hanna R E Services

    (540) 784-0329

    7 in this area

    88 Total Sales

    Section Image

  • R

    Buyer's Agent in 2021

    Rodger Rinehart

    Mead Associates Inc

See All Agents

Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 135975

APN: 50-A-41C

Virginia Rockbridge County Lexington 24450

1178 Reid Rd, Lexington, VA

This home is located at 1178 Reid Rd, Lexington, VA 24450 since 22 April 2021 and is currently estimated at $359,465, approximately $224 per square foot. This property was built in 1906. 1178 Reid Rd is a home located in Rockbridge County with nearby schools including Rockbridge County High School, Rockbridge Christian Academy, and The Rockbridge Christian Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes