NOT LISTED FOR SALE

208 W Nelson St Lexington, VA 24450

Estimated Value: $775,000 - $802,000

6 Beds
6 Baths
6,661 Sq Ft
$118/Sq Ft Est. Value

Last Sold March 16, 2022

Last sale price $550,000 $83 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $4,786/month

226 Days on Market

About This Home

As of March 2022

A prominent feature of Lexington's landscape since the 18th century, the Reid-White-Philbin House is an exceptionally rare historic property with significant vernacular and high-style features. Restored in the 1970s after being used by a fraternity, it is again ready to be re-imagined! The original late-1700s stone cottage retains comfortable, rustic spaces on 2 levels. The brick mansion (1821; 1847; and later) offers grand gathering and entertaining rooms, covered porches, a spacious master suite, multiple bedroom options, a conservatory/sunroom, a large eat-in kitchen, storage/service areas, and semi-finished basement and attic spaces. The cozy brick guesthouse includes a working fireplace. Your once-in-a-lifetime rehabilitation opportunity in Historic Lexington, VA!

Last Agent to Sell the Property

LESLIE GILES

Lexington Real Estate Connection Listed on: 05/28/2021

Last Buyer's Agent

Leslie Giles

Lexington Real Estate Connection

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,019

Year Built

1821

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: 2 blocks west of the intersection of Main Street (US 11 Business) and Nelson Street (US 60). Vehicle access to paved driveway is between stone gateposts across the street from St Patrick Catholic Church and Chi Psi fraternity. Pedestrian access to front entry walk through a wrought iron gate and stone steps just west of the Post Office.
  • HistoricProperty: Yes
  • Listing Member Name: Leslie A Giles
  • Listing Office Short Id: 80
  • Open House Office I D: 20061211170241366991000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: LAG
  • Selling Office Short Id: 80
  • Subdivision Yn: No
  • TotalFinSFApx: 6661.00
  • Year Built: 1821
  • Taxes Dollars: 8021.02
  • TotalAcresApx: 0.87
  • 1StFloorMstrBdrm: No
  • Total Assessed Value: 756700.00
  • PorchDeckPatioPatio: Side
  • PorchDeckPatioPorch: Front
  • Building Style: Colonial/Federal, Historical
  • Type of Construction: Solid Brick
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Area Remarks: downtown Lexington
  • Has Basement: Interior Access, Partially Finished, Slab, Walkout
  • Basement Other Rooms: Expansion area
  • Full Bathrooms: 4.00
  • Updated Floor: Ceramic Tile, Stone, Vinyl, Wood
  • Half Bathrooms: 2
  • Entry Location: Other
  • Roof Other: Copper and Other
  • Appliances: As Is, Dishwasher, Dryer Hookup, Electric Range, Gas Range, Refrigerator, Washer Hookup
  • Appliances Other: 3 window A/C units
  • Has Attic: Floored, Staircase, Storage, Unfinished
  • Lower Floor 1 Bedrooms: 6
  • Fireplace: 3 or More, Brick, Gas, Stone
  • Fireplace Location: Den, Dining Room, Family Room, Living Room, Master Bedroom
  • FireplaceLocOther: Bedrooms
  • Fireplace Other: Woodburning
  • Guest House Sq Ft: 364.00
  • Interior Amenities: Book Shelves, Breakfast Area, Ceiling Fan, Storage, Walk-in Closet, Workshop
  • InteriorFeaturesOther: butler's pantry
  • Lower Floor 1 Bedrooms: 22
  • Style Other: Greek Revival

Exterior Features

  • Exterior: Solid Brick, Stone, Wood
  • Exterior Features: Apartment, Cable Available, Ceiling Fan(s), Curb & Gutter, Fireplace, Guest Quarters, Patio-Brick, Patio-Side, Paved Driveway, Porch-Front, Porch-Open, Porch-Two Story, Security Lighting, Security System, Sidewalks, Storm Door-Front, Storm Door-Rear, Storm Door-Side, Storm Windows-Full, Street Lights, View - Mountains, Workshop
  • Road Frontage: City Street
  • Roof: Metal
  • Street: Nelson
  • Tax Rate: $1.06/$100
  • Flood Zone: SW
  • Out Buildings: Garage, House
  • Fencing: Board, Partial, Woven
  • Fencing Other: brick wall
  • Exterior Features: Bay Window, Covered Porch, Garden Space, Guest Quarters, Paved Driveway, Porch, Security System, Sunroom, Workshop
  • Guest House: Yes

Garage/Parking

  • Garage Spaces: Detached, Triple
  • GarageOther: brick w/metal roof

Utilities

  • Cooling: Central Cooling, Window Unit(s), Zoned Cooling
  • Heating: Hot Water Baseboard, Radiator, Zoned Heat
  • Heating Fuel: Natural Gas
  • Sewer: Public Sewer
  • Utilities Available: Cable, Electric, Gas, Public Sewer, Public Water
  • Water: Public Water
  • Water Heater: Natural Gas

Schools

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

Lot Info

  • Future Land Use: No
  • Zoning: Residential
  • Outbuildings Other: guest hse/apartment
  • Best Use: Bed & Breakfast, Residential
  • Current Use: Residential

Tax Info

  • Tax Map Number: 16-2-A
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2020
Sold by
Reid House Llc
Bought by
Historic Lexington Foundation Inc
Current Estimated Value
$786,283

Purchase Details

Listed on
May 6, 2019
Closed on
Jul 10, 2019
Sold by
Philbin Tobias R and Baker Philbin Mary
Bought by
Reid House Llc
Seller's Agent
Nancy Stout
James River Realty - Lexington
Buyer's Agent
Will Moore
James Wm. Moore Real Estate Co.
List Price
$776,700
Sold Price
$750,000
Premium/Discount to List
-$26,700
-3.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.50%

Purchase Details

Closed on
Apr 19, 2018
Sold by
Philbin Tobias R and Baker Philbin Mary
Bought by
Pellicciaro Mario N and Crawford Barbara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,025
Interest Rate
4.44%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 25, 2005
Sold by
Philbin Tobias R
Bought by
Philbin Tobias R and Baker Philbin Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.17%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Historic Lexington Foundation Inc -- None Available
Reid House Llc $750,000 None Available
Pellicciaro Mario N $110,000 None Available
Philbin Tobias R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feeley Maria $120,000
Open Feeley Maria $522,500
Previous Owner Pellicciaro Mario N $77,025
Previous Owner Philbin Tobias R $41,000
Previous Owner Philbin Tobias R $556,000
Previous Owner Philbin Tobias R $30,000
Previous Owner Philbin Tobias R $502,000
Previous Owner Philbin Tobias Raphael $250,000
Previous Owner Philbin Tobias R $381,000
Previous Owner Philbin Tobias Raphael $385,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2022 03/16/22 Sold $550,000 -26.7% $83 / Sq Ft
01/09/2022 01/09/22 Pending -- -- --
05/28/2021 05/28/21 For Sale $750,000 0.0% $113 / Sq Ft
07/31/2019 07/31/19 Sold $750,000 -3.4% $113 / Sq Ft
07/02/2019 07/02/19 Pending -- -- --
05/06/2019 05/06/19 For Sale $776,700 -- $117 / 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 $6,019 $654,225 $155,000 $499,225
2023 $5,216 $567,020 $155,000 $412,020
2022 $5,212 $566,496 $155,000 $411,496
2021 $8,021 $756,669 $150,000 $606,669
2020 $8,021 $756,669 $150,000 $606,669
2019 $7,832 $756,669 $150,000 $606,669
2018 $7,832 $756,700 $150,000 $606,700
2017 $7,233 $651,600 $115,000 $536,600
2016 $7,102 $651,600 $115,000 $536,600
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2022

    LESLIE GILES

    Lexington Real Estate Connection

    (540) 460-2201

    53 in this area

    84 Total Sales

    Section Image

  • N

    Seller's Agent in 2019

    Nancy Stout

    James River Realty - Lexington

  • Will Moore

    Buyer's Agent in 2019

    Will Moore

    James Wm. Moore Real Estate Co.

    (540) 460-4602

    124 in this area

    336 Total Sales

    Section Image
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Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 136151

APN: 16 2 A

Virginia Lexington City County Lexington 24450

208 W Nelson St, Lexington, VA

This home is located at 208 W Nelson St, Lexington, VA 24450 since 28 May 2021 and is currently estimated at $786,283, approximately $118 per square foot. This property was built in 1821. 208 W Nelson St is a home located in Lexington City with nearby schools including Harrington Waddell Elementary School, Lylburn Downing Middle School, and Earthsong Community School.

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