NOT LISTED FOR SALE

228 Summit St Lexington, VA 24450

Estimated Value: $191,000 - $239,000

3 Beds
1 Bath
1,344 Sq Ft
$157/Sq Ft Est. Value

Last Sold April 25, 2022

Last sale price $170,000 $126 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,221/month

5 Days on Market

Highlights

  • Mountain View
  • Wood Flooring
  • Corner Lot
  • Harrington Waddell Elementary School Rated A
  • Main Floor Primary Bedroom
  • No HOA

About This Home

As of April 2022

Charming 1930s cottage situated on a corner lot in the City of Lexington! Excellent one level living opportunity with convenient floorplan on the main level including two bedrooms, living room, dining room, kitchen, bathroom, and laundry. Two additional rooms upstairs present flexibility for additional bedrooms, office, or hobby space. Spacious fenced yard with apple tree and covered shed. Hardwood floors, inviting covered front porch, and sights of the mountains make this an exciting residence or investment property.

Last Agent to Sell the Property

Will Moore

James Wm. Moore Real Estate Co. Listed on: 03/23/2022

Last Buyer's Agent

Sarah Centorino

James Wm. Moore Real Estate Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,153

Year Built

  • Built in 1933

Lot Details

  • 6,098 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Open Lot

Parking

  • No Garage

Home Design

  • Cottage
  • Metal Roof
  • Stucco Exterior

Interior Spaces

  • 1,344 Sq Ft Home
  • 1.5-Story Property
  • Gas Fireplace
  • Mountain Views
  • Dirt Floor
  • Scuttle Attic Hole

Kitchen

  • Oven
  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • 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 30 4 F 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,153

Year Built

Built in 1933

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Heating Cooling Other: Cooling on 2nd flr
  • Directions: From Nelson and Main in Lexington, E on Nelson St. for 0.6 miles to right on Walker St. for 0.3 miles to left on Center St. for 1 block to property 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: CHC
  • Subdivision Yn: No
  • TotalFinSFApx: 1344.00
  • Year Built: 1933
  • Taxes Dollars: 1153.28
  • TotalAcresApx: 0.14
  • 1StFloorMstrBdrm: Yes
  • PorchDeckPatioPorch: Front
  • Building Style: 1 1/2 Story, Cottage
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Dirt Floor
  • Full Bathrooms: 1.00
  • Updated Floor: Carpet, Tile, Wood
  • Entry Location: Corner Lot
  • Appliances: Dishwasher, Dryer, Electric Range, Oven, Washer
  • Has Attic: Scuttle
  • Lower Floor 1 Bedrooms: 3
  • Fireplace: 1, Gas
  • Lower Floor 1 Bedrooms: 7

Exterior Features

  • Exterior: Stucco
  • Exterior Features: Porch-Front, View - Mountains
  • Road Frontage: City Street
  • Roof: Metal
  • Street: Summit
  • Tax Rate: $1.06/100
  • Flood Zone: SE
  • Topography: Level, Open, Views
  • Exterior Features: Covered Porch, Sunset View

Garage/Parking

  • Garage Spaces: None

Utilities

  • Heating: Forced Air, Gas
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Schools

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

Lot Info

  • Future Land Use: No
  • Zoning: Residential
  • Best Use: Investment, Residential
  • Current Use: Residential

Tax Info

  • Tax Map Number: 30 4 F 1
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 4, 2008
Sold by
Cook Jason R and Cook Deanna W
Bought by
Hansen Peter J and Hansen Marjorie K
Current Estimated Value
$211,579

Purchase Details

Closed on
Jun 21, 2006
Sold by
Cook Deanna W and Woolley Deanna L
Bought by
Cook Jason R and Cook Deanna W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
6.5%
Mortgage Type
New Conventional
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
Hansen Peter J -- None Available
Cook Jason R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cook Jason R $147,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2022 04/25/22 Sold $170,000 +0.6% $126 / Sq Ft
03/28/2022 03/28/22 Pending -- -- --
03/23/2022 03/23/22 For Sale $169,000 -- $126 / 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 $1,516 $135,900 $35,000 $100,900
2024 $13 $135,851 $35,000 $100,851
2023 $1,153 $135,851 $35,000 $100,851
2022 $1,153 $135,851 $35,000 $100,851
2021 $1,391 $108,827 $30,000 $78,827
2020 $1,153 $108,827 $30,000 $78,827
2019 -- $108,827 $30,000 $78,827
2018 -- $108,800 $30,000 $78,800
2017 -- $127,600 $42,500 $85,100
2016 $1,391 $127,600 $42,500 $85,100
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: 136780

APN: 3-4-F-1