NOT LISTED FOR SALE

165 Lute Ln Lexington, VA 24450

Estimated Value: $367,000 - $454,000

3 Beds
2 Baths
1,560 Sq Ft
$265/Sq Ft Est. Value

Sale Details

Date Sold: November 16, 2022

Last sale price $353,858 $227 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,308 / mo

5 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • No HOA
  • Deck
  • Main Floor Primary Bedroom
  • Workshop

About This Home

As of November 2022

Don't miss this 2005 Cape Cod with recent updates. This 3 bedroom, 2 bath home located at the end of a private lane has a full, walkout basement and a HUGE 32' X 48' 3 bay heated garage. Peaceful setting. NO DRIVE BYS......make an appointment today.

Last Agent to Sell the Property

Karen Little

Lexington Real Estate Connection Listed on: 10/12/2022

Last Buyer's Agent

Rodger Rinehart

Mead Associates Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,518

Year Built

  • Built in 2005

Lot Details

  • 1 Acre Lot
  • Property fronts a private road
  • Interior Lot
  • Level Lot
  • Open Lot

Home Design

  • Cape Cod Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,560 Sq Ft Home
  • 1.5-Story Property
  • Flue
  • Workshop
  • Scuttle Attic Hole
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Partially Finished Basement

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

Parking

  • 3 Car Detached Garage
  • Workshop in Garage

Outdoor Features

  • Deck
  • Separate Outdoor Workshop
  • Front Porch

Location

  • Flood Zone Lot

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Shared Well
  • Electric Water Heater
  • Septic System
  • High Speed Internet
  • Internet Available

Community Details

  • No Home Owners Association
  • Lute Community

Listing and Financial Details

  • Assessor Parcel Number Inst #160002622

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,518

Year Built

Built in 2005

Lot Details

1 Acres

Listing Details

  • ConservationEsmnt: No
  • Co Selling Member Short Id: rinehars
  • Directions: From downtown Lex. Route 11 North, Left onto Mt Atlas, Right onto Lute Lane. House at the very end of the lane.
  • HistoricProperty: No
  • InternetServicesAvailable: Fiber Optic
  • Listing Member Name: Karen Little
  • Listing Office Short Id: 80
  • Open House Office I D: 20061211170241366991000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: rodger
  • Subdivision Yn: No
  • TotalFinSFApx: 1560.00
  • Year Built: 2005
  • Taxes Dollars: 1518.00
  • TotalAcresApx: 1.00
  • 1StFloorMstrBdrm: Yes
  • Total Assessed Value: 205200.00
  • PorchDeckPatioDeck: Rear
  • PorchDeckPatioPorch: Front
  • Building Style: 1 1/2 Story, Cape Cod
  • YardSign: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Area Remarks: Lovely Peaceful Setting
  • Has Basement: Full, Interior Access, Partially Finished, Walkout
  • Full Bathrooms: 2.00
  • Flood Zone Other: Unknown
  • Updated Floor: Laminate, Tile, Wood
  • Entry Location: Inside Lot
  • Appliances: As Is, Dishwasher, Dryer Hookup, Electric Range, Refrigerator, Washer Hookup
  • Has Attic: Scuttle
  • Lower Floor 1 Bedrooms: 3
  • Fireplace: None
  • Fireplace Other: FLU
  • Interior Amenities: Flue Available, Internet/Smart Wirng, Workshop
  • Lower Floor 1 Bedrooms: 6

Exterior Features

  • Easements: Unknown
  • Exterior: Vinyl
  • Road Frontage: Gravel Road, Private Road
  • Roof: Shingle
  • Street: Lute
  • Tax Rate: 0.74
  • Flood Zone: NW
  • Out Buildings: Garage, Workshop
  • Topography: Level, Open, Rolling
  • Guest House: No

Garage/Parking

  • Garage Spaces: Detached, Triple, Workshop

Utilities

  • Cooling: Central Cooling
  • Heating: Forced Air, Liquid Propane
  • Sewer: Existing Septic
  • Water: Shared Well
  • Water Heater: Electric

Schools

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

Lot Info

  • Future Land Use: No
  • Lot Dimensions: 1.0
  • Property Name: Lute
  • Zoning: Residential
  • Best Use: Residential
  • Current Use: Residential

Tax Info

  • Tax Map Number: Inst #160002622
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2016
Sold by
Hostetter Edward C and Hostetter Anthony Scott
Bought by
Hostetter Anthony Scott and Hostetter Amber Nicole
Current Estimated Value
$413,090

Purchase Details

Closed on
Sep 13, 2010
Sold by
Hostetter Edward C
Bought by
Hostetter Edward C and Hostetter Anthony Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,920
Interest Rate
4.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 3, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Hostetter Edward C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,920
Interest Rate
4.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 17, 2010
Sold by
Camden Gregory T and Camden Carman C
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hostetter Anthony Scott -- None Available
Hostetter Edward C -- Investors Title
Hostetter Edward C $129,900 None Available
Federal Home Loan Mortgage Corporation $165,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hostetter Edward C $103,920
Previous Owner Hostetter Edward C $103,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2022 11/16/22 Sold $353,858 -1.4% $227 / Sq Ft
10/17/2022 10/17/22 Pending -- -- --
10/12/2022 10/12/22 For Sale $359,000 -- $230 / Sq Ft
Source: Rockbridge Highlands REALTORS®

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
2025 $1,599 $249,900 $30,000 $219,900
2024 $15 $249,900 $30,000 $219,900
2023 $1,524 $249,900 $30,000 $219,900
2022 $1,518 $205,200 $30,000 $175,200
2021 $1,518 $205,200 $30,000 $175,200
2020 $1,518 $205,200 $30,000 $175,200
2019 $1,498 $205,200 $30,000 $175,200
2018 $1,436 $205,200 $30,000 $175,200
2017 $1,436 $205,200 $30,000 $175,200
2016 $1,309 $178,100 $40,000 $138,100
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: 137278

APN: 50-10-3A

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