NOT LISTED FOR SALE

Estimated Value: $492,000 - $530,000

3 Beds
2.5 Baths
2,224 Sq Ft
$231/Sq Ft Est. Value

Last Sold February 16, 2024

Last sale price $440,000 $198 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,939/month

34 Days on Market

Highlights

  • Horses Allowed On Property
  • Mountain View
  • Wooded Lot
  • 18.8 Acre Lot
  • Deck
  • Ranch Style House

About This Home

As of February 2024

Start your New Year on your 18.08-acre farmette conveniently located 14 miles south of Downtown Lexington in beautiful Natural Bridge. Showings BEGIN on Friday December 15th at 2PM. This well built one level home features a chef's kitchen with double ovens and huge walk-in pantry. Large family room with custom built in cabinetry can double as a home office. 3 bedrooms and 2 and 1/2 baths including main bedroom with ensuite bath. Some fencing in place. Some of the acreage is wooded. Showings may be limited, and all shoppers must come with pre-approval in hand. No exceptions please. No drive bys. Children and pets at play. Subject is located on a private dead-end lane with only 2 homes.

Last Agent to Sell the Property

Karen Little

Lexington Real Estate Connection Listed on: 12/10/2023

Last Buyer's Agent

Non Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,586

Year Built

  • Built in 1995

Lot Details

  • 18.8 Acre Lot
  • Property fronts a private road
  • Partially Fenced Property
  • Interior Lot
  • Wooded Lot
  • Garden
  • Property is zoned Agricultural

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,224 Sq Ft Home
  • Shelving
  • Whole House Fan
  • Ceiling Fan
  • Skylights
  • Workshop
  • Sun or Florida Room
  • Storage
  • Mountain Views
  • Crawl Space
  • Scuttle Attic Hole

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • Driveway

Outdoor Features

  • Deck
  • Enclosed Patio or Porch
  • Outdoor Storage
  • Storage Shed

Schools

  • Natural Bridge Elementary School
  • Maury River Middle School
  • Rockbridge Co High School

Farming

  • Pasture
  • Chicken Farm

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Septic System

Additional Features

  • Flood Zone Lot
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Cornell Community

Listing and Financial Details

  • Assessor Parcel Number 106-42-D

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,586

Year Built

Built in 1995

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: From Lexington, South on US Route 11, Right onto Herring Hall Road, Pear Tree Lane is on your left. Continue to the end of the lane.
  • HistoricProperty: No
  • Listing Member Name: Karen Little
  • Listing Office Short Id: 80
  • Open House Office I D: 20061211170241366991000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: non-member
  • Selling Office Short Id: 108
  • Subdivision Yn: No
  • TotalFinSFApx: 2224.00
  • Year Built: 1995
  • Taxes Dollars: 2586.00
  • TotalAcresApx: 18.80
  • 1StFloorMstrBdrm: Yes
  • Total Assessed Value: 424000.00
  • PorchDeckPatioDeck: Rear
  • PorchDeckPatioPorch: Front
  • StyleRanch: YES
  • Type of Construction: Stick Built
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Area Remarks: 14 Miles S of Downtown Lex
  • Has Basement: Crawl Space
  • Full Bathrooms: 2.00
  • Flood Zone Other: not n hazard zone
  • Updated Floor: Carpet, Vinyl
  • Floor Other: LVT
  • Half Bathrooms: 1
  • Entry Location: Inside Lot
  • Appliances: As Is, Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Appliances Other: Gas Dryer
  • Has Attic: Scuttle
  • Lower Floor 1 Bedrooms: 3
  • Fireplace: None
  • Interior Amenities: Book Shelves, Breakfast Area, Ceiling Fan, Skylight, Storage, Workshop
  • Lower Floor 1 Bedrooms: 9

Exterior Features

  • Easements: Unknown
  • Exterior: Brick, Vinyl
  • Exterior Features: Ceiling Fan(s), Chickens Permitted, Deck-Rear, Horses Permitted, Paved Driveway, Porch-Enclosed, Porch-Front, Storage Building, View - Mountains, Workshop
  • Road Frontage: Paved Road, Private Road
  • Roof: Shingle
  • Street: Pear Tree
  • Surface Water: None
  • Tax Rate: 0.61
  • Flood Zone: SW
  • Fencing: Partial
  • Topography: Mixed, Pasture, Views, Woods
  • Exterior Features: Deck, Garden Space, Paved Driveway, Storage Shed, Sunroom, Sunset View
  • Guest House: No

Garage/Parking

  • Garage Spaces: Attached

Utilities

  • Cooling: Central Cooling, Whole House Fan
  • Heating: Forced Air, Liquid Propane
  • Sewer: Existing Septic
  • Water: Well
  • Water Heater: Electric
  • Domestic Water Other: new pump 2020

Schools

  • Elementary School: Natural Bridge
  • Middle School: Maury River
  • High School: Rockbridge Co
  • Elementary School: Natural Bridge
  • High School: Rockbridge Co
  • Middle School: Maury River

Lot Info

  • Future Land Use: No
  • Lot Dimensions: see plat
  • Property Name: Cornell
  • Zoning: Agricultural
  • Best Use: Residential
  • Current Use: Residential

Tax Info

  • Tax Map Number: 106-42-D
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2023
Closed on
Jan 30, 2024
Sold by
Cornell Marylouise
Bought by
Jones David Michael and Jones Katrine H
Seller's Agent
Karen Little
Lexington Real Estate Connection
Buyer's Agent
Non Member
List Price
$449,900
Sold Price
$440,000
Premium/Discount to List
-$9,900
-2.2%
Views
58
Current Estimated Value
$513,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,539
Avg. Annual Appreciation
9.95%
Original Mortgage
$447,700
Outstanding Balance
$439,803
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$73,736

Purchase Details

Listed on
May 5, 2021
Closed on
May 25, 2021
Sold by
Davis Jeffrey Dale and Estes Kari Ann
Bought by
Cornell Joshua and Cornell Marylouise
Seller's Agent
Lana Nicely
Flint Realty LLC
Buyer's Agent
Non Member
List Price
$375,000
Sold Price
$401,000
Premium/Discount to List
$26,000
6.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.58%
Original Mortgage
$415,436
Interest Rate
2.9%
Mortgage Type
VA

Purchase Details

Listed on
Apr 1, 2017
Closed on
Aug 1, 2017
Sold by
Browder Charles L and Browder Ruth E
Bought by
Davis Jeffrey Dale and Estes Kari Ann
Seller's Agent
Karen Little
Lexington Real Estate Connection
Buyer's Agent
Crystal Painter
Forest River Realty
List Price
$315,000
Sold Price
$290,000
Premium/Discount to List
-$25,000
-7.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.78%
Original Mortgage
$281,300
Interest Rate
4.03%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Jones David Michael $440,000 Pike Title
Cornell Joshua $401,000 None Available
Davis Jeffrey Dale $290,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones David Michael $447,700
Previous Owner Cornell Joshua $415,436
Previous Owner Davis Jeffrey Dale $281,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2024 02/16/24 Sold $440,000 -2.2% $198 / Sq Ft
01/13/2024 01/13/24 Pending -- -- --
01/04/2024 01/04/24 For Sale $449,900 +2.3% $202 / Sq Ft
12/21/2023 12/21/23 Off Market $440,000 -- --
12/10/2023 12/10/23 For Sale $449,900 +12.2% $202 / Sq Ft
06/28/2021 06/28/21 Sold $401,000 +6.9% $180 / Sq Ft
05/14/2021 05/14/21 Pending -- -- --
05/05/2021 05/05/21 For Sale $375,000 +29.3% $169 / Sq Ft
08/24/2017 08/24/17 Sold $290,000 -7.9% $130 / Sq Ft
08/24/2017 08/24/17 Pending -- -- --
04/01/2017 04/01/17 For Sale $315,000 -- $142 / 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 $2,586 $424,000 $108,300 $315,700
2024 $2,586 $424,000 $108,300 $315,700
2023 $2,586 $424,000 $108,300 $315,700
2022 $2,393 $323,400 $108,300 $215,100
2021 $2,393 $323,400 $108,300 $215,100
2020 $2,393 $323,400 $108,300 $215,100
2019 $2,361 $323,400 $108,300 $215,100
2018 $2,264 $323,400 $108,300 $215,100
2017 $2,264 $323,400 $108,300 $215,100
2016 $2,064 $280,800 $116,900 $163,900
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: 138183

APN: 106-42-D