NOT LISTED FOR SALE

18 Chamberlain Loop Lexington, VA 24450

Estimated Value: $405,000 - $470,000

3 Beds
2 Baths
1,707 Sq Ft
$253/Sq Ft Est. Value

Last Sold May 24, 2019

Last sale price $290,000 $170 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,530/month

275 Days on Market

Highlights

  • Built in 2018 | Newly Remodeled
  • Contemporary Architecture
  • Main Floor Primary Bedroom
  • Harrington Waddell Elementary School Rated A
  • Wood Flooring
  • Covered Patio or Porch

About This Home

As of May 2019

NEW Construction! Single level living!! Craftsman inspired single level home to be completed in March 2019 located in maintenance free community only 1.5 miles from Downtown. Open floor plan living space with 10' tall ceilings, large gourmet kitchen, professional appliances. Beautiful Quartz island overlooks family room. Main level master suite features natural marble floors, tile walk-in shower and large closets. Additional 2 bedrooms and extra bath with laundry just steps away. HOA fee includes all exterior maintenance so you can enjoy Lexington and surrounding areas in your spare time. Great value, new construction, no maintenance - ''Live life to the fullest!'' in The Weatherburn Community!

Last Agent to Sell the Property

Max Ivankov

1st Choice Real Estate Listed on: 06/01/2018

Last Buyer's Agent

Kara Braddick

Real Broker LLC

Real Broker LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $527

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 4,356 Sq Ft Lot
  • Property fronts a private road
  • Level Lot
  • Subdivision Possible

Home Design

  • Contemporary Architecture
  • Patio Home
  • Shingle Roof
  • HardiePlank Siding
  • Stick Built Home

Interior Spaces

  • 1,707 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace
  • Great Room with Fireplace
  • Storage In Attic
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Schools

  • Waddell Elementary School
  • Lylburn Downing Middle School
  • Rockbridge Co High School

Utilities

  • Central Air
  • Heat Pump System
  • Gas Available
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Additional Features

  • Handicap Accessible
  • Covered Patio or Porch
  • Flood Zone Lot

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 39 1 1 41

Community Details

Overview

  • Property has a Home Owners Association
  • Lot 41 Community
  • Weatherburn Subdivision

Amenities

  • Common Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$527

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: Rt. 11 South from downtown, Right onto Thornhill Road, left at Chamberlain Loop - Weatherburn Community, last two home sites on left before common area pavilion.
  • HistoricProperty: No
  • Listing Member Name: Max Ivankov
  • Listing Office Short Id: 148
  • Open House Office I D: 20061211170240138657000000
  • Hoa2 Or Poa: Yes
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: karaf
  • Subdivision Name: Weatherburn
  • Subdivision Yn: Yes
  • TotalFinSFApx: 1707.00
  • Year Built: 2018
  • Taxes Dollars: 527.25
  • TotalAcresApx: 0.10
  • 1StFloorMstrBdrm: Yes
  • Total Assessed Value: 47500.00
  • PorchDeckPatioPatio: Rear
  • PorchDeckPatioPorch: Front
  • Building Style: Contemporary, Detached Units
  • Type of Construction: Stick Built
  • YardSign: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Dining Area Remarks: The Weatherburn Community
  • Has Basement: None
  • Full Bathrooms: 2.00
  • Updated Floor: Carpet, Tile, Wood
  • Entry Location: Other
  • Appliances: Dishwasher, Disposal, Dryer Hookup, Garage Door Opener, Gas Range, Microwave, Refrigerator, Smoke Detector, Washer Hookup
  • Has Attic: Storage
  • Lower Floor 1 Bedrooms: 3
  • Fireplace: 1, Gas
  • Fireplace Location: Great Room
  • Interior Amenities: Ceiling Fan, Handicap Accessible, Internet/Smart Wirng, Walk-in Closet
  • Lower Floor 1 Bedrooms: 9

Exterior Features

  • Exterior: Masonry(Hardy) Plank
  • Exterior Features: Common Area, Curb & Gutter, Home Warranty, New Construction, Patio-Concrete
  • Road Frontage: City Street, Paved Road, Private Road
  • Roof: Shingle
  • Street: Chamberlain
  • Surface Water: None
  • Tax Rate: 1.11
  • Flood Zone: SW
  • Topography: Level
  • Exterior Features: Covered Porch, Patio, Paved Driveway, Porch
  • Guest House: No

Garage/Parking

  • Garage Spaces: Attached, Double, Opener

Utilities

  • Cooling: Central Cooling, Heat Pump Electric
  • Heating: Electric, Heat Pump(s)
  • Sewer: Public Sewer
  • Utilities Available: Cable, Electric, Gas, Public Sewer, Public Water
  • Water: Public Water
  • Water Heater: Electric

Schools

  • Elementary School: Waddell
  • High School: Rockbridge Co
  • Middle School: Lylburn Downing

Lot Info

  • Future Land Use: No
  • Property Name: Lot 41
  • Zoning: Residential
  • Best Use: Investment, Residential
  • Current Use: Residential

Tax Info

  • Tax Map Number: 39 1 1 41
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2018
Closed on
May 14, 2019
Sold by
Maxmark Homes Llc
Bought by
Olson Eric and Gilbert Olson Elisabeth
Seller's Agent
Max Ivankov
1st Choice Real Estate
Buyer's Agent
Kara Braddick
Real Broker LLC
List Price
$289,000
Sold Price
$290,000
Premium/Discount to List
$1,000
0.35%
Current Estimated Value
$431,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,534
Avg. Annual Appreciation
6.20%
Original Mortgage
$261,000
Outstanding Balance
$229,006
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$202,528

Purchase Details

Closed on
Oct 16, 2014
Sold by
Lexington Lots Llc
Bought by
Maxmark Homes Llc

Purchase Details

Closed on
Aug 27, 2014
Sold by
Weatherburn Development Llc
Bought by
Lexington Lots Llc

Purchase Details

Closed on
Apr 14, 2014
Sold by
Weatherburn Development Llc
Bought by
Brown 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
$361,000
Interest Rate
5%
Mortgage Type
Seller Take Back
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
Olson Eric $290,000 None Available
Maxmark Homes Llc $300,000 None Available
Lexington Lots Llc $421,000 None Available
Brown Anthony Scott $361,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson Eric $261,000
Previous Owner Brown Anthony Scott $361,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2019 05/24/19 Sold $290,000 +0.3% $170 / Sq Ft
03/03/2019 03/03/19 Pending -- -- --
06/01/2018 06/01/18 For Sale $289,000 -- $169 / 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
2025 $3,313 $360,100 $60,000 $300,100
2024 $3,169 $344,455 $60,000 $284,455
2023 $3,169 $344,455 $60,000 $284,455
2022 $3,169 $344,455 $60,000 $284,455
2021 $3,029 $285,767 $58,000 $227,767
2020 $3,029 $285,767 $58,000 $227,767
2019 $2,958 $285,767 $58,000 $227,767
2018 $600 $58,000 $58,000 $0
2017 $527 $47,500 $47,500 $0
2016 $518 $47,500 $47,500 $0
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: 133039

APN: 39 1 1 41