NOT LISTED FOR SALE

1190 Reid Rd Lexington, VA 24450

Estimated Value: $402,000 - $522,706

4 Beds
3 Baths
1,926 Sq Ft
$246/Sq Ft Est. Value

Last Sold August 18, 2022

Last sale price $455,000 $236 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,131/month

245 Days on Market

About This Home

As of August 2022

Charming historic turn-of-the-century Timber Ridge Train Station has all the modern conveniences of today with the history of the past including 4 Bedrooms and 2 1/2 Baths. The depot's waiting room has been turned into the great room with cathedral ceilings and dining area with the original heart pine floors. The loft has a full bath and dressing area that would be excellent for guests or an office. The bedroom wing has three bedrooms and a full bath. The new kitchen features granite counter tops, stainless appliances with a large pantry area. Fenced yard, Beautiful Gardens on 1.88 acres. The property is zoned A2 so an Air B&B is possible. Owner is a licensed Real Estate Agent.

Last Agent to Sell the Property

Melissa Hennis

Howard Hanna R E Services Listed on: 10/21/2021

Howard Hanna R E Services

Last Buyer's Agent

Cheryl Shaw

Lexington Real Estate Connection

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,368

Year Built

1885

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: Route 11 North to 716 (Mt Atlas Road)Turn left onto 716Go 1.1 Mile to Reid RoadTurn left - go to bottom hill on the leftThere is another driveway around on the other side of the house.
  • HistoricProperty: Yes
  • InternetServicesAvailable: Fiber Optic
  • 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: shawc
  • Selling Office Short Id: 121
  • Subdivision Yn: No
  • TotalFinSFApx: 1926.00
  • Year Built: 1885
  • Taxes Dollars: 1121.84
  • TotalAcresApx: 1.80
  • 1StFloorMstrBdrm: Yes
  • PorchDeckPatioDeck: Rear
  • PorchDeckPatioPatio: Rear
  • Building Style: 1 1/2 Story, Historical
  • Type of Construction: Stick Built
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Crawl Space
  • Basement Other Rooms: Conditioned crawl
  • Full Bathrooms: 2.00
  • Updated Floor: Carpet, Ceramic Tile, Wood
  • Half Bathrooms: 1
  • Appliances: Dishwasher, Dryer, Electric Range, Gas Range, Ice Maker, Microwave, Oven, Refrigerator, Smoke Detector
  • Has Attic: Drop Stair
  • Lower Floor 1 Bedrooms: 4
  • Fireplace: 1, Gas
  • Fireplace Location: Living Room
  • Interior Amenities: Attic Fan, Book Shelves, Breakfast Area, Cathedral Ceiling, Ceiling Fan, Loft, Walk-in Closet
  • Lower Floor 1 Bedrooms: 5

Exterior Features

  • Easements: None
  • Exterior: Wood
  • Exterior Features: Ceiling Fan(s), Deck-Rear, Patio-Stone, Satellite Dish, Shed, Smoke Detector, Storm Door-Front
  • Road Frontage: Paved Road, State Road
  • Roof: Metal
  • Street: Reid
  • Tax Rate: .735
  • Flood Zone: NW
  • Fencing: Chain, Wood
  • Topography: Rolling
  • Exterior Features: Bay Window, Deck, Fenced Yard, Gazebo, Patio

Garage/Parking

  • Garage Spaces: None

Utilities

  • Cooling: Central Cooling, Heat Pump Electric
  • Heating: Forced Air, Gas, 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

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

Green Features

  • Energy Features: Attic Fan

Tax Info

  • Tax Map Number: 50 A 42
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2021
Closed on
Jul 29, 2022
Sold by
Elkins Catherine K
Bought by
Hart Russell Dana
Seller's Agent
Melissa Hennis
Howard Hanna R E Services
Buyer's Agent
Cheryl Shaw
Lexington Real Estate Connection
List Price
$495,000
Sold Price
$455,000
Premium/Discount to List
-$40,000
-8.08%
Current Estimated Value
$535,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,793
Avg. Annual Appreciation
4.25%
Original Mortgage
$200,000
Outstanding Balance
$192,207
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$323,085
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
Hart Russell Dana $455,000 Willim B Mcclung Pc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hart Russell Dana $200,000
Previous Owner Elkins Catherine K $130,000
Previous Owner Elkins Catherine K $130,000
Previous Owner Elkins Catherine K $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2022 08/18/22 Sold $455,000 -8.1% $236 / Sq Ft
06/23/2022 06/23/22 Pending -- -- --
10/21/2021 10/21/21 For Sale $495,000 -- $257 / 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 $2,368 $388,200 $66,000 $322,200
2023 $2,368 $388,200 $66,000 $322,200
2022 $1,122 $151,600 $31,000 $120,600
2021 $1,122 $151,600 $31,000 $120,600
2020 $1,122 $151,600 $31,000 $120,600
2019 $1,107 $151,600 $31,000 $120,600
2018 $1,061 $151,600 $31,000 $120,600
2017 $1,061 $151,600 $31,000 $120,600
2016 $1,162 $158,100 $44,000 $114,100
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: 136484

APN: 50-A-42