NOT LISTED FOR SALE

162 Riverbend Dr Lexington, VA 24450

Estimated Value: $551,000 - $677,000

4 Beds
3.5 Baths
3,298 Sq Ft
$187/Sq Ft Est. Value

Last Sold September 26, 2023

Last sale price $515,000 $156 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,578/month

4 Days on Market

Highlights

  • Panoramic View
  • Deck
  • Contemporary Architecture
  • 2.49 Acre Lot
  • Wood Burning Stove
  • Living Room with Fireplace

About This Home

As of September 2023

Perched high on a cliff overlooking the Maury River, this exciting contemporary custom home provides breathtaking views in a tranquil setting just minutes from historic downtown Lexington, Virginia. Designed by Richmond-based architects at Burton & Wilcox, the property's panoramic views are unmatched in the area. Nestled in the desirable Riverbend subdivision and built on bedrock, the three-level house offers four total bedrooms and three-and-a-half baths, including the expansive main level primary suite. Ample additional main level living space includes the living room with a 28ft. cathedral ceiling, floor-to-ceiling windows and wood stove; large formal dining room; light-filled eat-in kitchen; large office and attached library; half bath, and laundry.

Last Agent to Sell the Property

Sarah Centorino

James Wm. Moore Real Estate Co. Listed on: 08/25/2023

Last Buyer's Agent

Sarah Centorino

James Wm. Moore Real Estate Co. Listed on: 08/25/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,457

Year Built

  • Built in 1990

Lot Details

  • 2.49 Acre Lot
  • Level Lot
  • Subdivision Possible
  • Property is zoned Agricultural

Parking

  • Attached Garage

Property Views

  • Panoramic
  • Mountain
  • Valley

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 3,298 Sq Ft Home
  • Wood Burning Stove
  • Living Room with Fireplace

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Attic

  • Attic Floors
  • Storage In Attic
  • Pull Down Stairs to Attic

Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Deck
  • Porch

Location

  • Flood Zone Lot

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic System

Community Details

  • Property has a Home Owners Association
  • Riverbend Subdivision

Listing and Financial Details

  • Assessor Parcel Number 76C-1-6

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,457

Year Built

Built in 1990

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: From downtown Lexington, take Main St./US Route 11 N for 1.1 miles; turn right onto VA-631; in 0.8 miles turn right onto Riverbend Dr.; drive for 0.3 miles and property is the first driveway on the right.
  • HistoricProperty: No
  • Listing Member Name: Sarah Hugg Centorino
  • Listing Office Short Id: 78
  • Open House Office I D: 20061211170240946497000000
  • Hoa2 Or Poa: Yes
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: CHC
  • Selling Office Short Id: 78
  • Subdivision Name: Riverbend
  • Subdivision Yn: Yes
  • TotalFinSFApx: 3298.00
  • Year Built: 1990
  • Taxes Dollars: 3456.87
  • TotalAcresApx: 2.49
  • 1StFloorMstrBdrm: Yes
  • PorchDeckPatioDeck: Rear
  • Building Style: Contemporary
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Full, Heated, Interior Access, Walkout
  • Basement Other Rooms: 4-car garage
  • Full Bathrooms: 3.00
  • Updated Floor: Carpet, Tile, Wood
  • Half Bathrooms: 1
  • Appliances: As Is, Dishwasher, Dryer, Electric Range, Refrigerator, Washer
  • Has Attic: Drop Stair, Floored, Storage
  • Lower Floor 1 Bedrooms: 4
  • Fireplace: Wood Stove
  • Fireplace Location: Living Room
  • Lower Floor 1 Bedrooms: 6

Exterior Features

  • Exterior: Stone, Wood
  • Exterior Features: Deck-Rear, View - Mountains, View - Panoramic, View - Valley
  • Roof: Shingle
  • Street: Riverbend
  • Surface Water: None
  • Tax Rate: $0.61/$100
  • Flood Zone: NE
  • Topography: Level, Steep
  • Exterior Features: Deck, Porch, Sunset View

Garage/Parking

  • Garage Spaces: Attached
  • GarageOther: four-car, three-door

Utilities

  • Cooling: Central Cooling, Heat Pump Electric, Zoned Cooling
  • Heating: Electric, Zoned Heat
  • Sewer: Existing Septic
  • Water: Well
  • 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

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

Tax Info

  • Tax Map Number: 76C-1-6
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2023
Closed on
Sep 5, 2023
Sold by
Matthews Peter C
Bought by
Atkinson Gary Michael and Birindelli Natalie
Seller's Agent
Sarah Centorino
James Wm. Moore Real Estate Co.
Buyer's Agent
Sarah Centorino
James Wm. Moore Real Estate Co.
List Price
$440,000
Sold Price
$515,000
Premium/Discount to List
$75,000
17.05%
Current Estimated Value
$617,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,544
Avg. Annual Appreciation
8.88%
Original Mortgage
$257,500
Outstanding Balance
$253,240
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$356,282
Source: Public Records

Range of Values:

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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
Atkinson Gary Michael $515,000 Lilly Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Atkinson Gary Michael $257,500
Previous Owner Matthews Peter C $215,000
Previous Owner Matthews Peter C $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2023 09/26/23 Sold $515,000 +17.0% $156 / Sq Ft
08/29/2023 08/29/23 Pending -- -- --
08/25/2023 08/25/23 For Sale $440,000 -- $133 / 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 $3,457 $566,700 $134,900 $431,800
2023 $3,457 $566,700 $134,900 $431,800
2022 $3,527 $476,600 $94,900 $381,700
2021 $2,829 $476,600 $94,900 $381,700
2020 $3,527 $476,600 $94,900 $381,700
2019 $3,479 $476,600 $94,900 $381,700
2018 $3,336 $476,600 $94,900 $381,700
2017 $3,336 $476,600 $94,900 $381,700
2016 $3,441 $468,200 $84,900 $383,300
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Sarah Centorino

    James Wm. Moore Real Estate Co.

    (540) 460-4880

    46 in this area

    80 Total Sales

    Sarah Centorino
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Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 137954

APN: 76C-1-6

Virginia Rockbridge County Lexington 24450

162 Riverbend Dr, Lexington, VA

This home is located at 162 Riverbend Dr, Lexington, VA 24450 since 25 August 2023 and is currently estimated at $617,544, approximately $187 per square foot. This property was built in 1990. 162 Riverbend Dr is a home located in Rockbridge County with nearby schools including Rockbridge County High School and Earthsong Community School.

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