NOT LISTED FOR SALE

305 S Jefferson St Lexington, VA 24450

Estimated Value: $777,000 - $833,001

4 Beds
3 Baths
2,773 Sq Ft
$288/Sq Ft Est. Value

Last Sold March 13, 2020

Last sale price $390,000 $141 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $5,012/month

16 Days on Market

About This Home

As of March 2020

305 S. Jefferson is one of the grand older homes in Lexington. Built in 1901 this home has great charm and architectural features along with almost 3/4 of an acre of a level private yard and spectacular gardens that have been a part of Lexington's Garden Tour in the past. These beautiful gardens have multiple beds of blooming flowers, large mature plantings, private areas to sit and enjoy, a fish pond and House Mountain Views! This is all topped off with a separate studio cottage with full bath & kitchenette and its own electric service. The home and cottage do need updating and are being sold As-Is, but this idyllic location and beauty can't be recreated. Enjoy the feel and views of the county in your backyard, then walk out your front door and be in town in 2 minutes!

Last Agent to Sell the Property

Thomas Capito

J.F. Brown Real Estate Services Listed on: 01/30/2020

Last Buyer's Agent

Cheryl Shaw

Lexington Real Estate Connection

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 3, 2025
Sold by
Ackerman Neel Burnett and Ackerman Martha Nix
Bought by
Ackerman Neel Burnett and Ackerman Martha Nix
Total Days on Market
16
Current Estimated Value
$799,000

Purchase Details

Closed on
Oct 16, 2007
Sold by
Read Suzanne L
Bought by
Read Suzanne L
Source: Public Records

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Range of Values:

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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
Ackerman Neel Burnett -- None Listed On Document
Read Suzanne L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ackerman Neel B $390,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2020 03/13/20 Sold $390,000 -12.4% $141 / Sq Ft
02/15/2020 02/15/20 Pending -- -- --
01/30/2020 01/30/20 For Sale $445,000 -- $160 / 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 $6,469 $703,061 $170,000 $533,061
2023 $6,469 $703,061 $170,000 $533,061
2022 $6,469 $703,061 $170,000 $533,061
2021 $4,494 $423,968 $165,000 $258,968
2020 $4,494 $423,968 $165,000 $258,968
2019 $4,388 $423,968 $165,000 $258,968
2018 $4,388 $424,000 $165,000 $259,000
2017 $4,613 $415,600 $165,000 $250,600
2016 $4,530 $415,600 $165,000 $250,600
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: 134835

APN: 23-1-27