NOT LISTED FOR SALE

221 Summit St Lexington, VA 24450

Estimated Value: $192,000 - $249,424

4 Beds
1.5 Baths
1,484 Sq Ft
$149/Sq Ft Est. Value

Last Sold February 09, 2016

Last sale price $114,000 $77 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $1,303/month

53 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Primary Bedroom
  • No HOA
  • Harrington Waddell Elementary School Rated A
  • Sun or Florida Room
  • Covered Patio or Porch

About This Home

As of February 2016

Well built affordable in-town home features 4 bedrooms 1 1/2 bath, hardwoods floor , sun room, and enclosed porch , This home also has carport,level yard for easy maintenance, garden spot and storage building.

Last Agent to Sell the Property

Jeff Black

Lexington Real Estate Connection Listed on: 10/23/2015

Last Buyer's Agent

Karen Tomlin

Wilhelm & Company Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,454

Year Built

  • Built in 1952

Lot Details

  • 0.29 Acre Lot
  • Garden

Parking

  • Carport

Home Design

  • Metal Roof
  • Stucco Exterior
  • Stick Built Home

Interior Spaces

  • 1,484 Sq Ft Home
  • 2-Story Property
  • Sun or Florida Room
  • Scuttle Attic Hole

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Unfinished Basement

  • Walk-Out Basement
  • Interior Basement Entry

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater

Additional Features

  • Covered Patio or Porch
  • Flood Zone Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 304e27

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,454

Year Built

Built in 1952

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: 60 east to right onto Walker St left on to Houston St to left onto Summit St
  • HistoricProperty: No
  • Listing Member Name: Jeff Black
  • Listing Office Short Id: 80
  • Open House Office I D: 20061211170241366991000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: karent
  • Selling Office Short Id: FRR
  • Subdivision Yn: No
  • TotalFinSFApx: 1484.00
  • Year Built: 1952
  • Taxes Dollars: 1454.00
  • TotalAcresApx: 0.29
  • 1StFloorMstrBdrm: Yes
  • StyleTwoStory: YES
  • Type of Construction: Stick Built
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Interior Access, Unfinished, Walkout
  • Full Bathrooms: 1.00
  • Flood Zone Other: YES
  • Updated Floor: Carpet, Wood
  • Half Bathrooms: 1
  • Has Attic: Scuttle
  • Lower Floor 1 Bedrooms: 4
  • Fireplace: None
  • Lower Floor 1 Bedrooms: 1484

Exterior Features

  • Exterior: Stucco
  • Road Frontage: City Street
  • Roof: Metal
  • Street: Summit
  • Tax Rate: 1.03
  • Flood Zone: NE
  • Exterior Features: Covered Porch, Garden Space, Sunroom

Garage/Parking

  • Garage Spaces: Carport

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Forced Air, Gas
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

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

  • Zoning: Residential
  • Best Use: Investment, Residential
  • Current Use: Investment, Residential

Tax Info

  • Tax Map Number: 304e27
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2015
Sold by
Pettengill Desilou B and Hill Lisa B
Bought by
Smith Reese S
Current Estimated Value
$220,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,467
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2014
Sold by
Bane Dana L
Bought by
Pettengill Desilou B and Hill Lisa B
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
Smith Reese S $114,100 None Available
Pettengill Desilou B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Reese S $122,467
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2016 02/09/16 Sold $114,000 +1.2% $77 / Sq Ft
12/15/2015 12/15/15 Pending -- -- --
10/23/2015 10/23/15 For Sale $112,700 -- $76 / 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 $1,603 $174,200 $42,000 $132,200
2024 $1,603 $174,182 $42,000 $132,182
2023 $1,603 $174,182 $42,000 $132,182
2022 $1,603 $174,182 $42,000 $132,182
2021 $1,234 $116,434 $37,000 $79,434
2020 $1,234 $116,434 $37,000 $79,434
2019 $1,205 $116,434 $37,000 $79,434
2018 $1,205 $116,400 $37,000 $79,400
2017 $1,444 $130,100 $52,500 $77,600
2016 $1,418 $130,100 $52,500 $77,600
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: 130037

APN: 30 4 E 27