NOT LISTED FOR SALE

122 W Nelson St Lexington, VA 24450

Estimated Value: $870,000 - $1,059,000

6 Beds
3 Baths
3,804 Sq Ft
$253/Sq Ft Est. Value

Sale Details

Date Sold: August 22, 2018

Last sale price $570,600 $150 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $5,715 / mo

401 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • 1-minute walk to Hopkins Green
  • Harrington Waddell Elementary School Rated A

About This Home

As of August 2018

Prominent Victorian located in the heart of historic downtown Lexington features detailed mill work, high ceilings, slate roof, and heart pine floors throughout. Large corner lot with off-street parking and commercial zoning offers flexible use. Grand entry showcases gorgeous staircase with wood paneling and living room with massive pocket doors. Numerous fireplaces throughout. Fully leased through May 31, 2018 with exceptional income stream.

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $5,302

Year Built

  • Built in 1900

Lot Details

  • 12,632 Sq Ft Lot

Home Design

  • Single Family Detached Home
  • Manufactured Home
  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • 3,804 Sq Ft Home
  • 2-Story Property
  • Partial Basement
  • Laundry on main level

Bedrooms and Bathrooms

  • 6 Bedrooms | 2 Main Level Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Community Details

  • No Home Owners Association

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$5,302

Year Built

Built in 1900

Lot Details

0.29 Acres

Listing Details

  • Heating System: Forced Air Gas, Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Partial Basement
  • Cooling System: Central Cooling
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 2
  • EntryAboveGrdFin Sq Ft: 3804.00
  • LaundryLaundryEntryLevel: 1
  • Major Area: 24 - City of Lexington
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • Residential Type: Detached
  • Style Of House: 2 Story
  • Total Above Grd Fin S Q F T: 3804
  • TotalBdrm: 6
  • TotalBths: 3.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 3804.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 2

Interior Features

  • Basement YN: Yes

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water

Lot Info

  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.29

Building Info

  • Year Built: 1900

Tax Info

  • Taxes (6 mo): 5302.00

MLS Schools

  • Elementary School: Other - See Remarks
  • HighSchool: Other - See Remarks
  • Middle School: Other - See Remarks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2017
Closed on
Aug 15, 2018
Sold by
Barger Ii Charles W and Barger Charles W
Bought by
Lexington House Llc
List Price
$599,000
Sold Price
$570,600
Premium/Discount to List
-$28,400
-4.74%
Current Estimated Value
$961,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$391,343
Avg. Annual Appreciation
7.07%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lexington House Llc $570,600 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2018 08/22/18 Sold $570,600 -4.7% $150 / Sq Ft
06/07/2018 06/07/18 Pending -- -- --
05/02/2017 05/02/17 For Sale $599,000 -- $157 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

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 $7,381 $802,300 $378,200 $424,100
2024 $74 $802,252 $378,200 $424,052
2023 $7,381 $802,252 $378,200 $424,052
2022 $7,381 $802,252 $378,200 $424,052
2021 $6,241 $588,795 $252,100 $336,695
2020 $5,766 $544,034 $252,100 $291,934
2019 $5,630 $544,034 $252,100 $291,934
2018 $5,630 $544,000 $252,100 $291,900
2017 $5,400 $486,500 $252,100 $234,400
2016 $5,303 $486,500 $252,100 $234,400
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 836875

Roanoke Valley Association of REALTORS®

APN: 23-1-49

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