NOT LISTED FOR SALE

306 Jackson Ave Lexington, VA 24450

Estimated Value: $873,143 - $1,193,000

5 Beds
5 Baths
4,620 Sq Ft
$218/Sq Ft Est. Value

Last Sold July 29, 2016

Last sale price $635,000 $137 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $5,457/month

7 Days on Market

Highlights

  • Dining Room with Fireplace
  • Wood Flooring
  • Sun or Florida Room
  • Harrington Waddell Elementary School Rated A
  • Main Floor Primary Bedroom
  • 3-minute walk to Lexington Recreation & Parks

About This Home

As of July 2016

Beautifully renovated Victorian, historic gem in prime location, close to schools, parks, downtown & shopping! New roof, plumbing, wiring, dual zone HVAC, Wolf 6-burner range, fabulous kitchen, 10' ceilings, refinished floors, etc. Purchase fully renovated, or save money and take over project 95% completed. Act now, this one won't last!

Last Agent to Sell the Property

Rick Alford

Lexington Real Estate Connection Listed on: 07/22/2016

Last Buyer's Agent

Hunter McClung

James Wm. Moore Real Estate Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,220

Year Built

  • Built in 1901

Lot Details

  • 8,712 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot
  • Open Lot
  • Garden
  • Historic Home

Parking

  • No Garage

Home Design

  • Shingle Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 4,620 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Multiple Fireplaces
  • Bay Window
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Den with Fireplace
  • Sun or Florida Room
  • Screened Porch
  • Storage
  • Washer and Dryer Hookup
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Oven
  • Electric Range
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 5 Full Bathrooms

Attic

  • Attic Floors
  • Attic Stairs

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement
  • Interior Basement Entry
  • Crawl Space

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Gas Available
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Balcony
  • Flood Zone Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 23-1-16

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,220

Year Built

Built in 1901

Lot Details

8,712 Sq Ft Lot

Listing Details

  • ConservationEsmnt: No
  • Directions: Main Street onto W. Nelson, left onto Lee Ave, right onto Preston, left onto Jackson to Lexington Real Estate Connection sign on left. By appointment only!
  • HistoricProperty: Yes
  • Listing Member Name: Rick Alford
  • Listing Office Short Id: 80
  • Open House Office I D: 20061211170241366991000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: hunter
  • Subdivision Yn: No
  • TotalFinSFApx: 4620.00
  • Year Built: 1901
  • Taxes Dollars: 5220.00
  • TotalAcresApx: 0.20
  • 1StFloorMstrBdrm: Yes
  • Total Assessed Value: 478900.00
  • PorchDeckPatioPorch: Front
  • StyleTwoStory: YES
  • Type of Construction: Stick Built
  • YardSign: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Area Remarks: Prime location
  • Has Basement: Crawl Space, Interior Access, Partial, Unfinished, Walkout
  • Full Bathrooms: 5.00
  • Updated Floor: Ceramic Tile, Wood
  • Appliances: As Is, Dishwasher, Disposal, Dryer Hookup, Electric Range, Ice Maker, Oven, Refrigerator, Smoke Detector, Washer Hookup
  • Has Attic: Floored, Staircase
  • Lower Floor 1 Bedrooms: 5
  • Fireplace: 3 or More
  • Fireplace Location: Den, Dining Room, Living Room
  • FireplaceLocOther: YES
  • Fireplace Other: none working
  • Interior Amenities: Balcony, Breakfast Area, Ceiling Fan, Storage, Walk-in Closet
  • Lower Floor 1 Bedrooms: 15

Exterior Features

  • Easements: Power, Sewer, Water
  • Exterior: Wood
  • Exterior Features: Cable Available, Curb & Gutter, Porch-Enclosed, Porch-Front, Porch-Screened, Porch-Side, Sidewalks, Smoke Detector, Undrground Utilities
  • Road Frontage: City Street, Paved Road
  • Roof: Shingle
  • Street: Jackson
  • Tax Rate: 1.09
  • Flood Zone: SW
  • Fencing: Partial
  • Topography: Level, Open
  • Exterior Features: Bay Window, Covered Porch, Garden Space, Porch, Screened Porch, Sunroom
  • Guest House: No

Garage/Parking

  • Garage Spaces: None

Utilities

  • Cooling: Central Cooling, Heat Pump Electric, Zoned Cooling
  • Heating: Electric, Forced Air, Heat Pump(s), Zoned Heat
  • Sewer: Public Sewer
  • Utilities Available: Cable, Electric, Gas
  • Water: Public Water
  • Water Heater: Electric

Schools

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

Lot Info

  • Future Land Use: No
  • Lot Dimensions: 74 x 155 approx
  • Zoning: Residential
  • Best Use: Investment, Residential, Vacation Rental
  • Current Use: Investment, Residential

Tax Info

  • Tax Map Number: 23-1-16
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2016
Closed on
Jul 21, 2016
Sold by
Spring Gap Enterprises Inc
Bought by
L & B Shenandoah Llc
Seller's Agent
Rick Alford
Lexington Real Estate Connection
Buyer's Agent
Hunter McClung
James Wm. Moore Real Estate Co.
List Price
$695,000
Sold Price
$635,000
Premium/Discount to List
-$60,000
-8.63%
Current Estimated Value
$1,009,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$374,286
Avg. Annual Appreciation
4.93%
Original Mortgage
$508,000
Outstanding Balance
$405,014
Interest Rate
3.54%
Mortgage Type
Credit Line Revolving
Estimated Equity
$604,272

Purchase Details

Closed on
Nov 16, 2007
Sold by
Smith Edward E
Bought by
Jump Mountain Properties Llc and Jump Mountain Paroperties Ii Llc
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
L & B Shenandoah Llc $478,900 None Available
Jump Mountain Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open L & B Shenandoah Llc $508,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2016 07/29/16 Sold $635,000 -8.6% $137 / Sq Ft
07/29/2016 07/29/16 Pending -- -- --
07/22/2016 07/22/16 For Sale $695,000 -- $150 / Sq Ft
Source: Rockbridge Highlands REALTORS®

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 $3,155 $658,900 $105,000 $553,900
2024 $61 $658,939 $105,000 $553,939
2023 $6,754 $658,939 $105,000 $553,939
2022 $6,754 $658,939 $105,000 $553,939
2020 $6,754 $637,151 $100,000 $537,151
2019 $6,595 $637,151 $100,000 $537,151
2018 -- $637,200 $100,000 $537,200
2017 -- $478,900 $90,000 $388,900
2016 $5,220 $478,900 $90,000 $388,900
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Rick Alford

    Lexington Real Estate Connection

    Section Image

  • H

    Buyer's Agent in 2016

    Hunter McClung

    James Wm. Moore Real Estate Co.

See All Agents

Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 130955

APN: 23 1 16

Virginia Lexington City County Lexington 24450

306 Jackson Ave, Lexington, VA

Not Listed for Sale

Detached

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