NOT LISTED FOR SALE

1391 Forest Grove Rd Lexington, VA 24450

Estimated Value: $294,000

4 Beds
2 Baths
3,630 Sq Ft
$81/Sq Ft Est. Value

Last Sold September 20, 2016

Last sale price $680,000 $187 Per Sq Ft

Current estimated payment $1,669/month

490 Days on Market

About This Home

As of September 2016

10 minutes NE of Lexington, this 235 ac farm boast creek, springs, cropland, pastures, & woods. The Blue Ridge Mtn views are inspirational. The soils are of the highest quality for agriculture. An early 19th century brick manor home with original features awaits updating. Outbuildings include a granary & bank barn. A tenant house provides rent, as does an apartment in the main home.

Last Agent to Sell the Property

James Brown

J.F. Brown Real Estate Services Listed on: 04/30/2015

Last Buyer's Agent

Hunter McClung

James Wm. Moore Real Estate Co.

Home Details

Home Type

Single Family

Est. Annual Taxes

$838

Year Built

1822

Lot Details

0

Listing Details

  • ConservationEsmnt: Yes
  • Directions: From Lexington turn R on Old Buena Vista Rd to L on Mountain View Rd, L on Forest Grove Rd, property on right and left
  • HistoricProperty: No
  • Listing Member Name: James F Brown
  • Listing Office Short Id: 121
  • Open House Office I D: 20061211170240860305000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: hunter
  • Selling Office Short Id: 121
  • Subdivision Yn: No
  • TotalFinSFApx: 3630.00
  • Year Built: 1822
  • Taxes Dollars: 3185.00
  • TotalAcresApx: 235.00
  • 1StFloorMstrBdrm: No
  • PorchDeckPatioDeck: Side
  • PorchDeckPatioPorch: Front
  • Building Style: Colonial/Federal, Farm House, Historical
  • StyleTwoStory: YES
  • Type of Construction: Brick, Solid Brick
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Cellar, Unfinished, Walkout
  • Full Bathrooms: 2.00
  • Updated Floor: Vinyl, Wood
  • Heat Other: furnace
  • Appliances: As Is, Electric Range, Oven, Refrigerator
  • Has Attic: Staircase
  • Lower Floor 1 Bedrooms: 4
  • Fireplace: 3 or More, Brick
  • Fireplace Location: Dining Room, Living Room
  • Guest House Sq Ft: 1224.00
  • Lower Floor 1 Bedrooms: 11

Exterior Features

  • Easements: Power, Right of Way
  • Exterior: Brick, Solid Brick, Stone, Wood
  • Exterior Features: Apartment, Chickens Permitted, Conservation Esmnt, Deck-Side, Fireplace, Guest Quarters, Horses Permitted, Porch-Front, Porch-Open, Porch-Rear, Porch-Screened, Porch-Side, View - Mountains, View - Panoramic, View - Valley
  • Flood Zone: Mixed
  • Road Frontage: Paved Road, State Road
  • Roof: Metal
  • Street: Forest Grove
  • Surface Water: Creek/Stream, Spring
  • Tax Rate: 71.5/100
  • Flood Zone: NE
  • Out Buildings: Barn(s), Granary, House
  • Fencing: Cross, Woven
  • Topography: Cropland, Hunting, Level, Mixed, Open, Pasture, Rolling, Views, Woods
  • Exterior Features: Barn, Covered Porch, Garden Space, Guest Quarters, Porch, Screened Porch, Sunrise View, Sunset View
  • Guest House: Yes

Garage/Parking

  • Garage Spaces: None

Utilities

  • Cooling: No Cooling System
  • Sewer: Existing Septic
  • Utilities Available: Electric
  • Water: Well
  • Water Heater: Electric

Schools

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

Lot Info

  • Future Land Use: Yes
  • Zoning: Agricultural
  • Best Use: Agricultural, Bed & Breakfast, Crops, Farming, Grazing, Horses, Residential
  • Current Use: Cattle, Crops, Grazing, Residential

Tax Info

  • Tax Map Number: 63-A-10A, 11,11B,40,40,41
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2015
Closed on
Sep 19, 2016
Sold by
Mitchell Joanna R
Bought by
L & B Shenandoah Llc
Seller's Agent
James Brown
J.F. Brown Real Estate Services
Buyer's Agent
Hunter McClung
James Wm. Moore Real Estate Co.
List Price
$1,095,000
Sold Price
$680,000
Premium/Discount to List
-$415,000
-37.9%
Current Estimated Value
$294,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$386,000
Avg. Annual Appreciation
-9.96%
Original Mortgage
$544,000
Interest Rate
3.43%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 2, 2015
Sold by
Mitchell Joanna R
Bought by
Mitchell Joanna R and Joanna R Mitchell
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
L & B Shenandoah Llc $680,000 None Available
Mitchell Joanna R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open L & B Shenandoah Llc $1,000,000
Closed L & B Shenandoah Llc $1,400,000
Closed L & B Shenandoah Llc $544,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2016 09/20/16 Sold $680,000 -37.9% $187 / Sq Ft
09/01/2016 09/01/16 Pending -- -- --
04/30/2015 04/30/15 For Sale $1,095,000 -- $302 / 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 $838 $146,100 $61,400 $84,700
2023 $838 $146,100 $61,400 $84,700
2022 $608 $91,000 $51,400 $39,600
2021 $608 $91,000 $51,400 $39,600
2020 $608 $91,000 $51,400 $39,600
2019 $600 $91,000 $51,400 $39,600
2018 $575 $152,600 $113,000 $39,600
2017 $575 $152,600 $113,000 $39,600
2016 $800 $223,200 $167,500 $55,700
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    James Brown

    J.F. Brown Real Estate Services

    (540) 464-1776

    6 Total Sales

    James Brown
    Section Image

  • H

    Buyer's Agent in 2016

    Hunter McClung

    James Wm. Moore Real Estate Co.

See All Agents

Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 129453

APN: 63-A-11B

Virginia Rockbridge County Lexington 24450

1391 Forest Grove Rd, Lexington, VA

This home is located at 1391 Forest Grove Rd, Lexington, VA 24450 since 30 April 2015 and is currently estimated at $294,000, approximately $80 per square foot. This property was built in 1822. 1391 Forest Grove Rd is a home located in Rockbridge County with nearby schools including Rockbridge County High School.

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