NOT LISTED FOR SALE

118 Colonnade Lexington, VA 24450

Estimated Value: $390,052 - $461,000

3 Beds
2 Baths
1,662 Sq Ft
$254/Sq Ft Est. Value

Last Sold April 07, 2014

Last sale price $232,000 $140 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $2,418/month

201 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Ranch Style House
  • Bonus Room
  • Harrington Waddell Elementary School Rated A
  • Wood Flooring
  • No HOA

About This Home

As of April 2014

City ranch, perfect for retirees or first time buyers! Amenities include gorgeous cherry floors, cozy gas fireplaces in the great room & master BR, cherry cabinetry in kitchen & baths, fenced yard & garden space, & an oversized, attached 2 car garage w/walk-up access to attic storage . Sunny rooms w/custom details provide a fun & easy lifestyle. 2 large bedrooms plus an extra ''flex'' room!

Last Agent to Sell the Property

Rick Alford

Lexington Real Estate Connection Listed on: 08/27/2013

Co-Listed By

Natalie Shulkin

Lexington Real Estate Connection

Last Buyer's Agent

Melissa Hennis

Prudential Commonwealth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,065

Year Built

  • Built in 2004

Lot Details

  • 8,276 Sq Ft Lot
  • Fenced Yard
  • Partially Fenced Property
  • Garden
  • Subdivision Possible

Home Design

  • Ranch Style House
  • Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,662 Sq Ft Home
  • Ceiling Fan
  • Multiple Fireplaces
  • Gas Fireplace
  • Thermal Pane Windows
  • Great Room with Fireplace
  • Bonus Room
  • Storage
  • Crawl Space
  • Scuttle Attic Hole
  • Storm Doors

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Parking Storage or Cabinetry
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Patio
  • Outdoor Fireplace

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Handicap Accessible
  • Flood Zone Lot

Community Details

  • No Home Owners Association
  • Fairwinds Subdivision

Listing and Financial Details

  • Assessor Parcel Number 15-1-1-56

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,065

Year Built

Built in 2004

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: Route 60 (Nelson St) west; left onto McLaughlin, right onto Lime Kiln Rd, right onto McClung Pl; right onto Colonnade Ave, to property on left with RE/MAX sign.
  • HistoricProperty: No
  • Listing Member Name: Rick Alford
  • Listing Office Short Id: 80
  • Open House Office I D: 20061211170241366991000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: melissa
  • Subdivision Name: Fairwinds
  • Subdivision Yn: Yes
  • TotalFinSFApx: 1662.00
  • Year Built: 2004
  • Taxes Dollars: 2065.00
  • TotalAcresApx: 0.19
  • 1StFloorMstrBdrm: Yes
  • PorchDeckPatioPatio: Rear
  • StyleRanch: YES
  • Type of Construction: Stick Built
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Crawl Space
  • Full Bathrooms: 2.00
  • Dining Room Features Other: Park nearby!
  • Flood Zone Other: Zone X
  • Updated Floor: Tile, Wood
  • Heat Other: Propane back-up
  • Appliances: As Is, Dishwasher, Electric Range, Microwave, Refrigerator
  • Has Attic: Scuttle
  • Lower Floor 1 Bedrooms: 3
  • Fireplace: 2, Gas
  • Fireplace Location: Great Room, Master Bedroom
  • Interior Amenities: Ceiling Fan, Handicap Accessible, Indirect Lighting, Storage, Walk-in Closet
  • Lower Floor 1 Bedrooms: 5

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Cable Available, Ceiling Fan(s), Curb & Gutter, Fireplace, Handicap Access, Patio-Rear, Paved Driveway, Storm Door-Front, Thermopane Windows
  • Road Frontage: City Street
  • Roof: Shingle
  • Street: Colonnade
  • Tax Rate: .83 per 100
  • Flood Zone: SW
  • Fencing: Partial
  • Exterior Features: Fenced Yard, Garden Space, Paved Driveway
  • Guest House: No

Garage/Parking

  • Garage Spaces: Attached, Bonus Room, Double, Opener, Storage

Utilities

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

Schools

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

Lot Info

  • Zoning: Residential
  • Best Use: Residential
  • Current Use: Residential

Tax Info

  • Tax Map Number: 15-1-1-56
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2013
Closed on
Mar 24, 2014
Sold by
Joyce Diane R
Bought by
Lemire Joseph W and Lemier Paula L
Seller's Agent
Rick Alford
Lexington Real Estate Connection
Buyer's Agent
Melissa Hennis
Prudential Commonwealth
List Price
$252,000
Sold Price
$232,000
Premium/Discount to List
-$20,000
-7.94%
Current Estimated Value
$422,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,013
Avg. Annual Appreciation
5.21%
Original Mortgage
$182,000
Outstanding Balance
$134,795
Interest Rate
3.75%
Mortgage Type
VA
Estimated Equity
$287,218
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
Lemire Joseph W $232,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lemire Joseph W $182,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2014 04/07/14 Sold $232,000 -7.9% $140 / Sq Ft
03/16/2014 03/16/14 Pending -- -- --
08/27/2013 08/27/13 For Sale $252,000 -- $152 / 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 $2,801 $304,500 $60,000 $244,500
2024 $28 $304,490 $60,000 $244,490
2023 $2,801 $304,490 $60,000 $244,490
2022 $2,801 $304,490 $60,000 $244,490
2021 $2,687 $253,450 $52,500 $200,950
2020 $2,687 $253,450 $52,500 $200,950
2019 $2,624 $253,450 $52,500 $200,950
2018 $2,613 $252,500 $52,500 $200,000
2017 $2,466 $222,200 $52,500 $169,700
2016 $2,422 $222,200 $52,500 $169,700
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Rick Alford

    Lexington Real Estate Connection

  • N

    Seller Co-Listing Agent in 2014

    Natalie Shulkin

    Lexington Real Estate Connection

  • M

    Buyer's Agent in 2014

    Melissa Hennis

    Prudential Commonwealth

See All Agents

Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 127581

APN: 15-1-1-56

Virginia Lexington City County Lexington 24450

118 Colonnade, Lexington, VA

Not Listed for Sale

Detached

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