NOT LISTED FOR SALE

150 Furrs Mill Rd Lexington, VA 24450

Estimated Value: $282,000 - $349,875

3 Beds
1 Bath
1,150 Sq Ft
$276/Sq Ft Est. Value

Last Sold March 27, 2019

Last sale price $31,000 $27 Per Sq Ft

Est. 922% increase in value since last sale

Current estimated payment $1,849/month

221 Days on Market

About This Home

As of March 2019

Situated on two lots overlooking the Maury River this house offers significant potential as an investment property or residence being close to Historic Downton Lexington, Virginia. Unoccupied for several years the house is in a general state of disrepair and will need considerable work but has great potential for the right buyer!! The property is being sold strictly ''as-is'' and the seller will not pay for any inspections, repairs or improvements. Take a look and make an offer. At this price point and with this location, river views, and equity potential, it won't be around long!

Last Agent to Sell the Property

Kurt Russ

Wheeler & Associates Realty Listed on: 07/30/2018

Last Buyer's Agent

Rick Alford

Lexington Real Estate Connection

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,495

Year Built

1906

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: Head north from Lexington and cross Maury River Bridge; take first left on to Furrs Mill Road and proceed to subject on left with Wheeler and Associates Real Estate sign!!!
  • HistoricProperty: No
  • Listing Member Name: Kurt C. Russ
  • Listing Office Short Id: WAR
  • Open House Office I D: 20100310153718515205000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: alfordr
  • Selling Office Short Id: 80
  • Subdivision Yn: No
  • TotalFinSFApx: 1150.00
  • Year Built: 1906
  • Taxes Dollars: 292.60
  • TotalAcresApx: 0.25
  • 1StFloorMstrBdrm: Yes
  • PorchDeckPatioDeck: Front
  • PorchDeckPatioPorch: Front
  • StyleTwoStory: YES
  • Type of Construction: Stick Built
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Area Remarks: OVERLOOKING MAURY RIVER
  • Has Basement: Full, Unfinished, Walkout
  • Full Bathrooms: 1.00
  • Updated Floor: Vinyl, Wood
  • Entry Location: Other
  • Appliances: None
  • Has Attic: Scuttle
  • Lower Floor 1 Bedrooms: 3
  • Fireplace: None
  • Interior Amenities: Storage
  • Lower Floor 1 Bedrooms: 6

Exterior Features

  • Easements: Power, Sewer, Water
  • Exterior: Stone, Wood
  • Exterior Features: Deck-Rear, Deck-Side, Porch-Open
  • Flood Zone: Minimal
  • Road Frontage: State Road
  • Roof: Metal
  • Street: FURRS MILL
  • Tax Rate: .70
  • Flood Zone: NW
  • Fencing: None
  • Topography: Mixed, Open, Steep, Views, Woods
  • Exterior Features: Deck, Porch
  • Exterior Features Other: MAURY RIVER VIEW
  • Guest House: No

Garage/Parking

  • Garage Spaces: None

Utilities

  • Cooling: No Cooling System
  • Heating: Wood Stove
  • Sewer: Public Sewer
  • Utilities Available: Cable, Electric, Gas, Public Sewer, Public Water
  • Water: Public Water
  • Water Heater: Electric

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
  • Property Name: MAKINSON
  • Zoning: Residential
  • Best Use: Investment, Residential
  • Current Use: Investment, Residential

Green Features

  • Energy Features: Wood Stove

Tax Info

  • Tax Map Number: 61A1-4-13/14
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2021
Sold by
Hepner Michael L
Bought by
Hepner Mihcael L and Hepner Shannon M
Current Estimated Value
$316,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,250
Outstanding Balance
$123,313
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$200,060
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
Hepner Mihcael L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hepner Mihcael L $158,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2019 03/27/19 Sold $31,000 -47.9% $27 / Sq Ft
03/08/2019 03/08/19 Pending -- -- --
07/30/2018 07/30/18 For Sale $59,500 -- $52 / 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 $1,495 $245,000 $40,000 $205,000
2023 $1,495 $245,000 $40,000 $205,000
2022 $1,478 $199,700 $35,000 $164,700
2021 $309 $199,700 $35,000 $164,700
2020 $309 $41,800 $35,000 $6,800
2019 $305 $41,800 $35,000 $6,800
2018 $293 $41,800 $35,000 $6,800
2017 $293 $41,800 $35,000 $6,800
2016 $508 $69,100 $45,000 $24,100
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: 133231

APN: 61A1-4-13