$199,900
PENDING $25K PRICE DROP

301 Forge Rd Lexington, VA 24450

Estimated payment $1,162/month

Total Views 23,915
2 Beds
1 Bath
832 Sq Ft
$240 Price per Sq Ft

Highlights

  • 1.3 Acre Lot
  • Detached Garage
  • Heating Available
  • Main Floor Primary Bedroom
  • Asbestos

About This Home

Two Homes for sale great rental opportunity for investors. 8 Paxton needs work both homes share well, septic and double car garage. 301 Forge is currently rented with a lease in place With the shared septic this will need to be a in house loan with 20 percent down or a cash buyer

Listing Agent

Michelle Wheeler

Wheeler & Associates Realty Listed on: 08/28/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,220

Year Built

  • Built in 1962

Lot Details

  • 1.3 Acre Lot

Parking

  • Detached Garage

Home Design

  • Shingle Roof
  • Metal Roof
  • Vinyl Siding
  • Asbestos

Interior Spaces

  • 832 Sq Ft Home
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Bathroom

Schools

  • Central Elementary School
  • Parry Mccluer High School

Utilities

  • No Cooling
  • Heating Available
  • Well
  • Electric Water Heater
  • Engineered Septic

Community Details

  • Paxton Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,220

Year Built

Built in 1962

Lot Details

1.3 Acres

Listing Details

  • Directions: Take a right onto 608 at Food lion in Bv, then take a left onto Paxton House Rd homes on the right with Wheeler and Associates sign in yards
  • Prop. Type: Residential
  • Year Built: 1962
  • Property Sub Type: Single Family Residence
  • Co List Office Mls Id: WAR
  • Special Features: None

Interior Features

  • Has Basement: Crawl Space
  • Appliances: Electric
  • Possible Use: Investment
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 4
  • Fireplace: None

Exterior Features

  • Roof: Shingle
  • Fencing: None
  • Construction Type: Asbestos
  • Exterior: Asbestos, Vinyl
  • Roof: Metal, Shingle

Utilities

  • Cooling: None
  • Sewer: Engineered Septic
  • Heating Yn: Yes
  • Water: Well

Schools

  • Elementary School: Central
  • High School: Parry McCluer
  • Middle Or Junior School: Maury River

Lot Info

  • Zoning: Residential
  • Current Use: Investment
  • Lot Size Sq Ft: 56628.0
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 1220.0

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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 $1,316 $205,700 $60,000 $145,700
2024 $13 $205,700 $60,000 $145,700
2023 $1,255 $205,700 $60,000 $145,700
2022 $1,138 $153,800 $43,100 $110,700
2021 $1,138 $153,800 $43,100 $110,700
2020 $1,138 $153,800 $43,100 $110,700
2019 $1,123 $153,800 $43,100 $110,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2026 03/11/26 Pending -- -- --
01/07/2026 01/07/26 Price Changed $199,900 -11.2% $240 / Sq Ft
08/27/2025 08/27/25 For Sale $225,000 -- $270 / Sq Ft
Source: Rockbridge Highlands REALTORS®

Source: Rockbridge Highlands REALTORS®

MLS Number: 139506

APN: 89 A 32D

Virginia Rockbridge County Lexington 24416

301 Forge Rd, Lexington, VA

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Listing Agent
Michelle Wheeler
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Wheeler & Associates Realty
(540) 515-5475
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