NOT LISTED FOR SALE

194 Bell Rd Lexington, VA 24450

Estimated Value: $569,557 - $643,000

3 Beds
3.5 Baths
2,138 Sq Ft
$282/Sq Ft Est. Value

Last Sold October 25, 2024

Last sale price $570,000 $267 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,299/month

268 Days on Market

Highlights

  • 10 Acre Lot
  • Outdoor Fireplace
  • Main Floor Primary Bedroom
  • Wood Burning Stove
  • Wood Flooring
  • Sun or Florida Room

About This Home

As of October 2024

Mile Tree Hill (built 1938) - Named for a venerable oak marking one mile from the old Lexington courthouse, this enchanting 10-acre estate offers one-level living on sprawling grounds with easy walkability to downtown Lexington. Situated among hundreds of boxwoods, formals gardens, and its famous Rock Garden, the well-maintained residence occupies the pinnacle hilltop setting and consists of 2,138 SF, 3 bedrooms, and 2.5 baths including large formal living room with gorgeous moldings, fireplace, archways, and 10' coffered ceiling; master suite with tile bath and double vanity; sunroom with inspiring morning sunshine; cozy family room with coffered ceiling and wood stove; and quality architectural features like hardwood floors and solid paneled doors with hammered brass hardware.

Last Agent to Sell the Property

Will Moore

James Wm. Moore Real Estate Co. Listed on: 12/13/2023

Last Buyer's Agent

Lori Parker

James Wm. Moore Real Estate Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,081

Year Built

  • Built in 1938

Lot Details

  • 10 Acre Lot
  • Property fronts a state road
  • Corner Lot
  • Lot Has A Rolling Slope
  • Garden
  • Property is zoned Agricultural

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,138 Sq Ft Home
  • Shelving
  • Ceiling Fan
  • Wood Burning Stove
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Sun or Florida Room
  • Storage
  • Crawl Space
  • Scuttle Attic Hole

Kitchen

  • Oven
  • Electric Range
  • Microwave

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Driveway

Outdoor Features

  • Enclosed Patio or Porch
  • Outdoor Fireplace
  • Separate Outdoor Workshop
  • Shed
  • Storage Shed

Location

  • Flood Zone Lot

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Baseboard Heater
  • Heating System Uses Gas
  • Gas Available
  • Natural Gas Water Heater
  • Septic System

Community Details

  • No Home Owners Association
  • Mile Tree Hill Community

Listing and Financial Details

  • Assessor Parcel Number 74-A-32A

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,081

Year Built

Built in 1938

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: From Main St. and Nelson St. in Lexington: -W on Nelson St. for 0.7 miles.-Left on Borden Rd. for 0.3 miles.-Right on Bell Rd. for a short distance. Property is the first driveway on left.
  • HistoricProperty: No
  • Listing Member Name: Will Moore
  • Listing Office Short Id: 78
  • Open House Office I D: 20061211170240946497000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: LMP
  • Subdivision Yn: No
  • TotalFinSFApx: 2138.00
  • Year Built: 1938
  • Taxes Dollars: 2080.71
  • TotalAcresApx: 10.00
  • 1StFloorMstrBdrm: Yes
  • Porch Deck Patio: Enclosed
  • PorchDeckPatioPorch: Rear
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Crawl Space
  • Full Bathrooms: 2.50
  • Dining Room Features Other: Generator
  • Updated Floor: Carpet, Tile, Wood
  • Half Bathrooms: 1
  • Entry Location: Corner Lot
  • Appliances: Dryer, Electric Range, Microwave, Oven, Refrigerator, Washer
  • Has Attic: Scuttle
  • Lower Floor 1 Bedrooms: 3
  • Fireplace: 1, Wood Stove
  • Fireplace Location: Family Room, Living Room
  • Interior Amenities: Book Shelves, Ceiling Fan, Storage, Walk-in Closet
  • Lower Floor 1 Bedrooms: 8

Exterior Features

  • Easements: Power, Water
  • Exterior: Brick, Wood
  • Exterior Features: Ceiling Fan(s), Fireplace, Paved Driveway, Porch-Enclosed, Sidewalks, Storage Building, Wood Stove
  • Road Frontage: Paved Road, State Road
  • Roof: Shingle
  • Street: Bell
  • Tax Rate: $0.61/100
  • Flood Zone: SW
  • Out Buildings: Garage, Garden Shed
  • Fencing Other: Garden
  • Topography: Rolling
  • Exterior Features: Formal Garden, Garden Space, Paved Driveway, Porch, Storage Shed, Sunroom, Workshop

Garage/Parking

  • Garage Spaces: Detached, Double

Utilities

  • Cooling: Central Cooling
  • Heating: Baseboard Electric, Forced Air, Gas, Wood Stove
  • Sewer: Existing Septic
  • Utilities Available: Electric, Gas, Public Water
  • Water: Public Water
  • Water Heater: Natural Gas

Schools

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

Lot Info

  • Future Land Use: No
  • Property Name: Mile Tree Hill
  • Zoning: Agricultural
  • Best Use: Residential
  • Current Use: Residential

Green Features

  • Energy Features: Wood Stove

Tax Info

  • Tax Map Number: 74-A-32A
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2023
Closed on
Oct 2, 2024
Sold by
Keen Clyde E and Keen Geraldine S
Bought by
Culp Phillip A and Culp Rebekah M
Seller's Agent
Will Moore
James Wm. Moore Real Estate Co.
Buyer's Agent
Lori Parker
James Wm. Moore Real Estate Co.
List Price
$699,000
Sold Price
$570,000
Premium/Discount to List
-$129,000
-18.45%
Views
777
Current Estimated Value
$601,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,889
Avg. Annual Appreciation
4.49%
Original Mortgage
$399,000
Outstanding Balance
$394,685
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$207,204
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Culp Phillip A $570,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Culp Phillip A $399,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2024 10/25/24 Sold $570,000 -4.8% $267 / Sq Ft
09/06/2024 09/06/24 Pending -- -- --
08/02/2024 08/02/24 Price Changed $599,000 -7.7% $280 / Sq Ft
06/12/2024 06/12/24 Price Changed $649,000 -7.2% $304 / Sq Ft
12/13/2023 12/13/23 For Sale $699,000 -- $327 / 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 $2,183 $341,100 $140,000 $201,100
2024 $21 $341,100 $140,000 $201,100
2023 $2,081 $341,100 $140,000 $201,100
2022 $2,239 $302,600 $140,000 $162,600
2021 $2,239 $302,600 $140,000 $162,600
2020 $2,239 $302,600 $140,000 $162,600
2019 $2,209 $302,600 $140,000 $162,600
2018 $2,118 $302,600 $140,000 $162,600
2017 $2,118 $302,600 $140,000 $162,600
2016 $1,904 $259,100 $112,500 $146,600
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: 138186

APN: 74-A-32A