NOT LISTED FOR SALE

1880 Forge Rd Lexington, VA 24450

Estimated Value: $313,000 - $405,000

2 Beds
3 Baths
1,400 Sq Ft
$245/Sq Ft Est. Value

Last Sold July 18, 2014

Last sale price $140,500 $100 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $1,912/month

9 Days on Market

Highlights

  • 2.94 Acre Lot
  • Main Floor Primary Bedroom
  • Interior Lot
  • Deck
  • No HOA
  • Thermal Pane Windows

About This Home

As of July 2014

Eight Year Old Home Located on a Nearly Three Acre Lot. Geothermal Heating and Cooling System. Full Basement with Third Bath. Needs Some Completion and Repair but a Great Buy For Only $99,900!

Last Agent to Sell the Property

DENNIS HAWES

Home Realty Buena Vista Listed on: 05/27/2014

Last Buyer's Agent

Non Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,426

Year Built

  • Built in 2006

Lot Details

  • 2.94 Acre Lot
  • Property fronts a state road
  • Interior Lot
  • Open Lot
  • Lot Has A Rolling Slope
  • Subdivision Possible
  • Property is zoned Agricultural

Parking

  • No Garage

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,400 Sq Ft Home
  • Ceiling Fan
  • Thermal Pane Windows
  • Scuttle Attic Hole

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Unfinished Basement

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

Schools

  • Natural Bridge Elementary School
  • Maury River Middle School
  • Rockbridge Co High School

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic System

Additional Features

  • Deck
  • Flood Zone Lot

Community Details

  • No Home Owners Association
  • Rolling Meadows Subdivision

Listing and Financial Details

  • Assessor Parcel Number 98 27 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,426

Year Built

Built in 2006

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: From Lexington, take Route 60 East turn right onto RT 608, (Forge Road) (at BV Food Lion) Drive approximately 5 Miles to Rolling Meadows Subdivision, see HOME REALTY sign on the right.
  • HistoricProperty: No
  • Listing Member Name: Dennis Hawes, NRBA, A*REO
  • Listing Office Short Id: 76
  • Open House Office I D: 20061211170240756529000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: non-member
  • Subdivision Name: Rolling Meadows
  • Subdivision Yn: Yes
  • TotalFinSFApx: 1400.00
  • Year Built: 2006
  • Taxes Dollars: 1426.40
  • TotalAcresApx: 2.94
  • 1StFloorMstrBdrm: Yes
  • Total Assessed Value: 199500.00
  • PorchDeckPatioDeck: Rear
  • StyleRanch: on Full Basement
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Full, Heated, Interior Access, Unfinished, Walkout
  • Full Bathrooms: 3.00
  • Flood Zone Other: not in flood area
  • Updated Floor: Carpet, Vinyl
  • Entry Location: Inside Lot
  • Appliances: Dishwasher, Microwave
  • Has Attic: Scuttle
  • Lower Floor 1 Bedrooms: 2
  • Fireplace: None
  • Interior Amenities: Ceiling Fan, Walk-in Closet
  • Lower Floor 1 Bedrooms: 6

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Ceiling Fan(s), Deck-Rear, Thermopane Windows
  • Road Frontage: Paved Road, State Road
  • Roof: Shingle
  • Street: Forge Road
  • Tax Rate: .715
  • Flood Zone: SE
  • Topography: Open, Rolling
  • Exterior Features: Deck
  • Guest House: No

Garage/Parking

  • Garage Spaces: None

Utilities

  • Cooling: Heat Pump Geothermal
  • Heating: Heat Pump Geothermal
  • Sewer: Existing Septic
  • Water: Well
  • Water Heater: Electric

Schools

  • Elementary School: Natural Bridge
  • High School: Rockbridge Co
  • Middle School: Maury River

Lot Info

  • Future Land Use: No
  • Lot Dimensions: see plat rockbridgeproperties.com
  • Zoning: Agricultural
  • Best Use: Residential
  • Current Use: Residential

Tax Info

  • Tax Map Number: 98 27 2
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2014
Closed on
Jun 20, 2014
Sold by
Wills Melanie Mabry and Wills John Eric
Bought by
Federal Home Loan Mortgage Corporation
Seller's Agent
DENNIS HAWES
Home Realty Buena Vista
Buyer's Agent
Non Member
List Price
$99,900
Sold Price
$140,500
Premium/Discount to List
$40,600
40.64%
Current Estimated Value
$342,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,375
Avg. Annual Appreciation
8.05%
Original Mortgage
$140,500
Outstanding Balance
$106,787
Interest Rate
4.18%
Mortgage Type
Credit Line Revolving
Estimated Equity
$236,088

Purchase Details

Listed on
May 27, 2014
Closed on
Jun 11, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Nicely James B and Nicely Sara K
Seller's Agent
DENNIS HAWES
Home Realty Buena Vista
Buyer's Agent
Non Member
List Price
$99,900
Sold Price
$140,500
Premium/Discount to List
$40,600
40.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,500
Outstanding Balance
$106,787
Interest Rate
4.18%
Mortgage Type
Credit Line Revolving
Estimated Equity
$236,088
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Federal Home Loan Mortgage Corporation $125,156 None Available
Nicely James B $140,500 Servicelink Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nicely James B $140,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2014 07/18/14 Sold $140,500 +40.6% $100 / Sq Ft
06/05/2014 06/05/14 Pending -- -- --
05/27/2014 05/27/14 For Sale $99,900 -- $71 / 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 $1,645 $257,000 $60,500 $196,500
2024 $16 $257,000 $60,500 $196,500
2023 $1,568 $257,000 $60,500 $196,500
2022 $1,538 $207,900 $54,700 $153,200
2021 $1,538 $207,900 $54,700 $153,200
2020 $1,538 $207,900 $54,700 $153,200
2019 $1,518 $207,900 $54,700 $153,200
2018 $1,455 $207,900 $54,700 $153,200
2017 $1,455 $207,900 $54,700 $153,200
2016 $1,466 $199,500 $55,700 $143,800
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • DENNIS HAWES

    Seller's Agent in 2014

    DENNIS HAWES

    Home Realty Buena Vista

    (540) 461-5263

    30 in this area

    117 Total Sales

    DENNIS HAWES
    Section Image

  • N

    Buyer's Agent in 2014

    Non Member

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Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 128421

APN: 98 27 2

Virginia Rockbridge County Lexington 24450

1880 Forge Rd, Lexington, VA

Not Listed for Sale

Detached

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