NOT LISTED FOR SALE

1299 N Lee Hwy Lexington, VA 24450

Estimated Value: $224,000 - $289,809

3 Beds
2 Baths
1,708 Sq Ft
$153/Sq Ft Est. Value

Last Sold June 06, 2016

Last sale price $127,500 $75 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $1,522/month

24 Days on Market

About This Home

As of June 2016

Nice brick ranch on half acre lot conveniently located on the outskirts of Lexington. Living room, kitchen, dining, 3 bedrooms & 2 baths. Walk-out basement with caning kitchen, family room or 4th bedroom and ample storage. Hardwood floors, new roof, attached carport. Priced to sell.

Last Agent to Sell the Property

Lana Nicely

Flint Realty LLC Listed on: 04/18/2016

Last Buyer's Agent

Cheryl Shaw

Lexington Real Estate Connection

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,175

Year Built

1966

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: Lee Highway (Rt. 11) North from Lexington. House on Left
  • HistoricProperty: No
  • Listing Member Name: Lana H Nicely
  • Listing Office Short Id: 86
  • Open House Office I D: 20061211170240485629000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: shawc
  • Selling Office Short Id: 121
  • Subdivision Name: North Hills
  • Subdivision Yn: Yes
  • TotalFinSFApx: 1708.00
  • Year Built: 1966
  • Taxes Dollars: 1191.44
  • TotalAcresApx: 0.57
  • 1StFloorMstrBdrm: Yes
  • Total Assessed Value: 162100.00
  • StyleRanch: YES
  • Type of Construction: Stick Built
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Full, Heated, Interior Access, Partially Finished, Walkout
  • Full Bathrooms: 2.00
  • Updated Floor: Carpet, Ceramic Tile, Vinyl, Wood
  • Roof Other: new in 2011
  • Appliances: As Is, Dryer, Electric Range, Refrigerator, Washer
  • Has Attic: Scuttle, Storage
  • Lower Floor 1 Bedrooms: 3
  • Fireplace: None
  • Interior Amenities: Attic Fan, Ceiling Fan, Walk-in Closet
  • Lower Floor 1 Bedrooms: 7

Exterior Features

  • Exterior: Brick
  • Exterior Features: Cable Available, Ceiling Fan(s), Storage Building, Storm Door-Front, Storm Door-Rear, Storm Door-Side, Storm Windows-Full
  • Flood Zone: Mixed
  • Road Frontage: State Road
  • Roof: Shingle
  • Street: Lee
  • Tax Rate: 0.735
  • Flood Zone: NW
  • Exterior Features: Storage Shed

Garage/Parking

  • Garage Spaces: Carport

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Forced Air, Gas
  • Sewer: Public Sewer
  • Utilities Available: Cable, Electric, Gas, Public Sewer, Public Water
  • Water: Public Water
  • Water Heater: Natural Gas

Schools

  • Elementary School: Central
  • Middle School: Maury River
  • High School: Rockbridge Co
  • Elementary School: Central
  • High School: Rockbridge Co
  • Middle School: Maury River

Lot Info

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

Tax Info

  • Tax Map Number: 62B-1-8
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2016
Closed on
Jun 2, 2016
Sold by
Johnson William Douglas
Bought by
Jones Robert J and Jones Kathleen
Seller's Agent
Lana Nicely
Flint Realty LLC
Buyer's Agent
Cheryl Shaw
Lexington Real Estate Connection
List Price
$145,000
Sold Price
$127,500
Premium/Discount to List
-$17,500
-12.07%
Current Estimated Value
$261,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,202
Avg. Annual Appreciation
8.52%
Original Mortgage
$102,000
Outstanding Balance
$82,375
Interest Rate
3.61%
Mortgage Type
New Conventional
Estimated Equity
$189,171
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
Jones Robert J $127,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Robert J $102,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2016 06/06/16 Sold $127,500 -12.1% $75 / Sq Ft
05/12/2016 05/12/16 Pending -- -- --
04/18/2016 04/18/16 For Sale $145,000 -- $85 / 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 $1,175 $192,600 $50,000 $142,600
2023 $1,175 $192,600 $50,000 $142,600
2022 $980 $132,400 $30,000 $102,400
2021 $980 $132,400 $30,000 $102,400
2020 $980 $132,400 $30,000 $102,400
2019 $967 $132,400 $30,000 $102,400
2018 $927 $132,400 $30,000 $102,400
2017 $927 $132,400 $30,000 $102,400
2016 $1,191 $162,100 $40,000 $122,100
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: 130539

APN: 62B-1-8