NOT LISTED FOR SALE

245 Riverbend Dr Lexington, VA 24450

Estimated Value: $484,000 - $704,000

4 Beds
3 Baths
2,343 Sq Ft
$234/Sq Ft Est. Value

Last Sold March 16, 2017

Last sale price $323,000 $138 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $3,107/month

514 Days on Market

Highlights

  • 3.02 Acre Lot
  • Deck
  • Outdoor Fireplace
  • Maid or Guest Quarters
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of March 2017

Start the New Year off right with a move to a home with access to daily walks on the Chessie Trail! 4BR/3BA on 3 acres with main level living and a full finished, walk-out basement. Wood floors, vaulted LR w/fireplace & skylights, decks, screened porch, two car garage, plus a garage/shop. Garden space, fenced area. Offered w/1 YR. HOME WARRANTY!

Last Agent to Sell the Property

Natalie Shulkin

Lexington Real Estate Connection Listed on: 09/22/2015

Co-Listed By

Rick Alford

Lexington Real Estate Connection

Last Buyer's Agent

Scott Baker

Lexington Real Estate Connection

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,193

Year Built

  • Built in 1991

Lot Details

  • 3.02 Acre Lot
  • Property fronts a private road
  • Fenced Yard
  • Partially Fenced Property
  • Garden
  • Subdivision Possible

HOA Fees

  • $4 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 2,343 Sq Ft Home
  • Shelving
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Thermal Pane Windows
  • Great Room with Fireplace
  • Workshop
  • Screened Porch
  • Storage
  • Washer and Dryer Hookup
  • Scuttle Attic Hole

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Maid or Guest Quarters
  • 3 Full Bathrooms

Partially Finished Basement

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

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Outdoor Fireplace
  • Separate Outdoor Workshop

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic System

Additional Features

  • Handicap Accessible
  • Flood Zone Lot

Community Details

  • Riverbend Community
  • Riverbend Subdivision

Listing and Financial Details

  • Assessor Parcel Number 76C-1-15

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,193

Year Built

Built in 1991

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • ConservationEsmnt: No
  • Directions: RT 11 north, right onto Old Buena Vista Rd, right onto Riverbend Drive to property on left with Lexington Real Estate Connection sign.
  • HistoricProperty: No
  • Listing Member Name: Natalie Shulkin
  • Listing Office Short Id: 80
  • Open House Office I D: 20061211170241366991000000
  • Hoa2 Or Poa: Yes
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: bakers
  • Subdivision Name: Riverbend
  • Subdivision Yn: Yes
  • TotalFinSFApx: 2343.00
  • Year Built: 1991
  • Taxes Dollars: 2193.00
  • TotalAcresApx: 3.02
  • 1StFloorMstrBdrm: Yes
  • PorchDeckPatioDeck: Rear
  • PorchDeckPatioPatio: Rear
  • Building Style: Contemporary
  • Type of Construction: Stick Built
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Full, Interior Access, Partially Finished, Walkout
  • Full Bathrooms: 3.00
  • Dining Room Features Other: access to Chessie Tr
  • Flood Zone Other: Zone X
  • Updated Floor: Carpet, Tile, Vinyl, Wood
  • Appliances: As Is, Dishwasher, Dryer Hookup, Electric Range, Microwave, Washer Hookup
  • Has Attic: Scuttle
  • Lower Floor 1 Bedrooms: 4
  • Fireplace: 1, Gas
  • Fireplace Location: Great Room
  • Interior Amenities: Balcony, Book Shelves, Breakfast Area, Ceiling Fan, Handicap Accessible, Indirect Lighting, Skylight, Storage, Walk-in Closet, Workshop
  • Lower Floor 1 Bedrooms: 8

Exterior Features

  • Exterior: Wood
  • Exterior Features: Cannot Subdivide, Ceiling Fan(s), Deck-Rear, Fireplace, Guest Quarters, Handicap Access, Patio-Rear, Paved Driveway, Porch-Screened, Thermopane Windows
  • Road Frontage: Private Road
  • Roof: Shingle
  • Street: RIVERBEND
  • Tax Rate: .735
  • Flood Zone: NE
  • Out Buildings: Garage, Workshop
  • Fencing: Partial
  • Exterior Features: Balcony, Deck, Fenced Yard, Garden Space, Guest Quarters, Handicap Accessible, Patio, Paved Driveway, Screened Porch, Workshop
  • Guest House: No

Garage/Parking

  • Garage Spaces: Attached, Double
  • GarageOther: & detached single

Utilities

  • Cooling: Central Cooling
  • Heating: Electric, Forced Air, Heat Pump(s)
  • Sewer: Existing Septic
  • Water: Well
  • Water Heater: Electric

Schools

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

Lot Info

  • Property Name: Riverbend
  • Zoning: Residential
  • Best Use: Residential
  • Current Use: Residential

Tax Info

  • Tax Map Number: 76C-1-15
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2015
Closed on
Mar 1, 2017
Sold by
Redd Johns H and Redd Johns H
Bought by
Karlstrand Jeffrey R and Karlstrand Kathleen D
Seller's Agent
Natalie Shulkin
Lexington Real Estate Connection
Buyer's Agent
Scott Baker
Lexington Real Estate Connection
List Price
$399,000
Sold Price
$323,000
Premium/Discount to List
-$76,000
-19.05%
Current Estimated Value
$548,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,437
Avg. Annual Appreciation
6.33%
Original Mortgage
$258,400
Outstanding Balance
$214,398
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$334,039
Source: Public Records

Range of Values:

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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
Karlstrand Jeffrey R $323,000 Investors Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karlstrand Jeffrey R $258,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2017 03/16/17 Sold $323,000 -19.0% $138 / Sq Ft
02/17/2017 02/17/17 Pending -- -- --
09/22/2015 09/22/15 For Sale $399,000 -- $170 / 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 $2,615 $428,700 $120,200 $308,500
2024 $2,615 $428,700 $120,200 $308,500
2023 $2,615 $428,700 $120,200 $308,500
2022 $2,559 $345,800 $90,200 $255,600
2021 $2,559 $345,800 $90,200 $255,600
2020 $2,559 $345,800 $90,200 $255,600
2019 $2,524 $345,800 $90,200 $255,600
2018 $2,421 $345,800 $90,200 $255,600
2017 $2,421 $345,800 $90,200 $255,600
2016 $2,193 $298,300 $70,200 $228,100
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: 129942

APN: 76C-1-15