NOT LISTED FOR SALE

118 Welch Park Lexington, VA 24450

Estimated Value: $261,000 - $288,000

3 Beds
2 Baths
1,032 Sq Ft
$264/Sq Ft Est. Value

Last Sold October 13, 2017

Last sale price $146,600 $142 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $1,651/month

185 Days on Market

About This Home

As of October 2017

Low maintenance ranch on a full walk out basement, fenced back yard and nice front porch offers 3 bedrooms and 2 full baths. This quaint home is a short walk to town situated in a quiet established neighborhood and it's move in ready.

Last Agent to Sell the Property

Rona Bruce

James Wm. Moore Real Estate Co. Listed on: 02/14/2017

Last Buyer's Agent

Chip Lawhorne

Home Realty Lexington

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,912

Year Built

1992

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: South on Main St to Thornhill Rd, Left on Welch Park, house on the left.
  • HistoricProperty: No
  • Listing Member Name: Rona M Bruce
  • Listing Office Short Id: 78
  • Open House Office I D: 20061211170240946497000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: lawhornr
  • Selling Office Short Id: 76
  • Subdivision Yn: No
  • TotalFinSFApx: 1032.00
  • Year Built: 1992
  • Taxes Dollars: 1589.00
  • TotalAcresApx: 0.27
  • 1StFloorMstrBdrm: Yes
  • PorchDeckPatioPorch: Front
  • StyleRanch: YES
  • Type of Construction: Stick Built
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Full, Walkout
  • Full Bathrooms: 2.00
  • Updated Floor: Carpet, Laminate, Vinyl
  • Appliances: As Is, Dryer, Electric Range, Refrigerator, Washer
  • Has Attic: Scuttle
  • Lower Floor 1 Bedrooms: 3
  • Fireplace: None
  • Interior Amenities: Ceiling Fan
  • Lower Floor 1 Bedrooms: 5

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Cable Available, Ceiling Fan(s), Paved Driveway, Porch-Front
  • Road Frontage: City Street
  • Roof: Shingle
  • Street: WELCH
  • Tax Rate: 1.09
  • Flood Zone: SW
  • Fencing Other: back yard
  • Exterior Features: Fenced Yard, Porch

Garage/Parking

  • Garage Spaces: Carport

Utilities

  • Cooling: Central Cooling
  • Heating: Forced Air, Heat Pump(s)
  • 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

  • Future Land Use: No
  • Lot Dimensions: see plat
  • Property Name: Welch Park
  • Zoning: Residential
  • Best Use: Investment, Residential
  • Current Use: Residential

Tax Info

  • Tax Map Number: 34 2 5B
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2017
Closed on
Sep 21, 2017
Sold by
Bedell Robert I and Bedell Meredith
Bought by
Grant Dustin N
Seller's Agent
Rona Bruce
James Wm. Moore Real Estate Co.
Buyer's Agent
Chip Lawhorne
Home Realty Lexington
List Price
$149,000
Sold Price
$146,600
Premium/Discount to List
-$2,400
-1.61%
Current Estimated Value
$272,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,888
Avg. Annual Appreciation
8.17%
Original Mortgage
$148,080
Outstanding Balance
$125,164
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$146,054

Purchase Details

Closed on
Sep 19, 2014
Sold by
Bedell Robert I and Meredith Bedell R
Bought by
Bedell Robert I and Meredith Bedell R

Purchase Details

Listed on
Jan 16, 2012
Closed on
Oct 30, 2013
Sold by
Anderson Catherine
Bought by
Bedell Robert L and Meredith Bedell R
Seller's Agent
Lana Nicely
Flint Realty LLC
Buyer's Agent
Rona Bruce
Prudential Commonwealth
List Price
$163,300
Sold Price
$125,000
Premium/Discount to List
-$38,300
-23.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.79%
Original Mortgage
$100,000
Interest Rate
4.24%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Grant Dustin N $146,600 None Available
Bedell Robert I -- None Available
Bedell Robert L $125,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grant Dustin N $148,080
Previous Owner Bedell Robert L $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2017 10/13/17 Sold $146,600 -1.6% $142 / Sq Ft
08/18/2017 08/18/17 Pending -- -- --
02/14/2017 02/14/17 For Sale $149,000 +19.2% $144 / Sq Ft
10/31/2013 10/31/13 Sold $125,000 -23.5% $121 / Sq Ft
10/11/2013 10/11/13 Pending -- -- --
01/16/2012 01/16/12 For Sale $163,300 -- $158 / 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 $1,912 $207,831 $50,000 $157,831
2023 $1,912 $207,831 $50,000 $157,831
2022 $1,912 $207,831 $50,000 $157,831
2021 $1,569 $147,998 $47,500 $100,498
2020 $1,569 $147,998 $47,500 $100,498
2019 $1,532 $147,998 $47,500 $100,498
2018 $1,532 $148,000 $47,500 $100,500
2017 $1,618 $145,800 $47,500 $98,300
2016 $1,589 $145,800 $47,500 $98,300
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rona Bruce

    Seller's Agent in 2017

    Rona Bruce

    James Wm. Moore Real Estate Co.

    (540) 460-3826

    71 in this area

    128 Total Sales

    Section Image

  • C

    Buyer's Agent in 2017

    Chip Lawhorne

    Home Realty Lexington

  • L

    Seller's Agent in 2013

    Lana Nicely

    Flint Realty LLC

    (540) 377-6380

    47 in this area

    141 Total Sales

    Section Image
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Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 131528

APN: 34-2-5B

Virginia Lexington City County Lexington 24450

118 Welch Park, Lexington, VA

This home is located at 118 Welch Park, Lexington, VA 24450 since 14 February 2017 and is currently estimated at $272,488, approximately $264 per square foot. This property was built in 1992. 118 Welch Park 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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