NOT LISTED FOR SALE

128 Welch Park Lexington, VA 24450

Estimated Value: $243,000 - $269,243

4 Beds
2 Baths
2,012 Sq Ft
$130/Sq Ft Est. Value

Last Sold March 01, 2017

Last sale price $126,000 $63 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $1,554/month

163 Days on Market

About This Home

As of March 2017

Well maintained 4 bedroom, 2 1/2 bath home on a dead end street within walking distance of downtown. Nice level rear lawn for children or guests. Priced to sell below tax assessment.

Last Agent to Sell the Property

Charles Hileman

Lexington Real Estate Connection Listed on: 08/31/2016

Last Buyer's Agent

Megan Gray

Valley Real Estate Brokers LLC

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,439

Year Built

1975

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: South Main St. to rt. on Thornhill Rd. to left on Welch Park.
  • HistoricProperty: No
  • Listing Member Name: Charles Hileman
  • Listing Office Short Id: 80
  • Open House Office I D: 20061211170241366991000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: MG
  • Selling Office Short Id: 78
  • Subdivision Yn: No
  • TotalFinSFApx: 2012.00
  • Year Built: 1975
  • Taxes Dollars: 1737.00
  • TotalAcresApx: 0.37
  • 1StFloorMstrBdrm: Yes
  • Total Assessed Value: 159400.00
  • PorchDeckPatioDeck: Side
  • PorchDeckPatioPorch: Front
  • StyleRanch: YES
  • Type of Construction: Modular
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Finished, Heated, Interior Access, Walkout
  • Full Bathrooms: 2.50
  • Updated Floor: Carpet, Vinyl, Wood
  • Appliances: Electric Range, Refrigerator
  • Has Attic: Scuttle
  • Lower Floor 1 Bedrooms: 4
  • Fireplace: None
  • Lower Floor 1 Bedrooms: 7

Exterior Features

  • Easements: Unknown
  • Exterior: Vinyl
  • Exterior Features: Deck-Side, Porch-Front
  • Road Frontage: City Street
  • Roof: Shingle
  • Street: Welch Park
  • Surface Water: None
  • Tax Rate: 1.09
  • Flood Zone: SW
  • Fencing: None
  • Topography: Level, Rolling
  • Exterior Features: Deck, Porch

Garage/Parking

  • Garage Spaces: None

Utilities

  • Cooling: Central Cooling, Heat Pump Electric
  • Heating: Electric, Forced Air
  • Sewer: Public Sewer
  • Utilities Available: Cable, Gas, Public Sewer, Public Water
  • 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

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

Tax Info

  • Tax Map Number: 34-2-10
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2016
Closed on
Feb 9, 2017
Sold by
Wilhelm Mary G and Dyer Erin
Bought by
Coffey Colton M and Coffey Brooke E
Seller's Agent
Charles Hileman
Lexington Real Estate Connection
Buyer's Agent
Megan Gray
Valley Real Estate Brokers LLC
List Price
$149,000
Sold Price
$126,000
Premium/Discount to List
-$23,000
-15.44%
Current Estimated Value
$261,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,811
Avg. Annual Appreciation
9.36%
Original Mortgage
$133,535
Outstanding Balance
$111,550
Interest Rate
4.09%
Mortgage Type
New Conventional
Estimated Equity
$156,879
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
Coffey Colton M $126,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coffey Colton M $133,535
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2017 03/01/17 Sold $126,000 -15.4% $63 / Sq Ft
02/10/2017 02/10/17 Pending -- -- --
08/31/2016 08/31/16 For Sale $149,000 -- $74 / 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 $1,439 $184,798 $60,000 $124,798
2023 $1,439 $184,798 $60,000 $124,798
2022 $1,439 $184,798 $60,000 $124,798
2021 $1,439 $135,842 $55,000 $80,842
2020 $1,439 $135,842 $55,000 $80,842
2019 $1,406 $135,842 $55,000 $80,842
2018 $1,406 $135,800 $55,000 $80,800
2017 -- $159,400 $55,000 $104,400
2016 $1,737 $159,400 $55,000 $104,400
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    Charles Hileman

    Lexington Real Estate Connection

    (540) 460-1638

    74 in this area

    92 Total Sales

    Section Image

  • M

    Buyer's Agent in 2017

    Megan Gray

    Valley Real Estate Brokers LLC

See All Agents

Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 131102

APN: 34 2 10

Virginia Lexington City County Lexington 24450

128 Welch Park, Lexington, VA

This home is located at 128 Welch Park, Lexington, VA 24450 since 31 August 2016 and is currently estimated at $261,811, approximately $130 per square foot. This property was built in 1975. 128 Welch Park is a home located in Lexington City with nearby schools including Harrington Waddell Elementary School and Lylburn Downing Middle School.

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