NOT LISTED FOR SALE

311 Summit St Lexington, VA 24450

Estimated Value: $240,000 - $271,000

3 Beds
1 Bath
1,177 Sq Ft
$215/Sq Ft Est. Value

Last Sold May 30, 2019

Last sale price $165,900 $141 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,457/month

102 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Forced Air Heating and Cooling System
  • Harrington Waddell Elementary School Rated A
  • Front Porch
  • Storm Doors

About This Home

As of May 2019

Newly remodeled 3 bedroom, 1 bath brick ranch home located in walking distance of downtown Lexington. Brand new features include HVAC, new roof, fresh paint, electrical, hot water heater and Thermopane windows. This home also offers carport, a full heated and cooled walk-out basement for additional living space or recreational area. This like-new home is offered at a great value!

Last Agent to Sell the Property

Jeff Black

Lexington Real Estate Connection Listed on: 12/03/2018

Last Buyer's Agent

Lori Sadler

Lexington Real Estate Connection

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,363

Year Built

  • Built in 1964

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot

Parking

  • Carport

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,177 Sq Ft Home
  • Scuttle Attic Hole
  • Storm Doors
  • Electric Range

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

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

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Natural Gas Water Heater

Additional Features

  • Front Porch
  • Flood Zone Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number in `70298

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,363

Year Built

Built in 1964

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: Rt 60 east to right onto Walker Street to Left onto Houston st to left no Summit St to home on left
  • HistoricProperty: No
  • Listing Member Name: Jeff Black
  • Listing Office Short Id: 80
  • Open House Office I D: 20061211170241366991000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: sadlerl
  • Subdivision Yn: No
  • TotalFinSFApx: 1177.00
  • Year Built: 1964
  • Taxes Dollars: 1363.00
  • TotalAcresApx: 0.17
  • 1StFloorMstrBdrm: Yes
  • PorchDeckPatioPorch: Front
  • StyleRanch: YES
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Full, Heated, Interior Access, Unfinished, Walkout
  • Full Bathrooms: 1.00
  • Updated Floor: Laminate, Vinyl
  • Appliances: Electric Range, Refrigerator
  • Has Attic: Scuttle
  • Lower Floor 1 Bedrooms: 3
  • Fireplace: None
  • Lower Floor 1 Bedrooms: 6

Exterior Features

  • Exterior: Brick
  • Exterior Features: Storm Door-Front, Storm Door-Side
  • Road Frontage: City Street
  • Roof: Shingle
  • Street: Summit
  • Tax Rate: 1.03
  • Flood Zone: SE
  • Topography: Level

Garage/Parking

  • Garage Spaces: Carport

Utilities

  • Cooling: Central Cooling
  • Heating: Forced Air, Gas
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Natural Gas

Schools

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

Lot Info

  • Zoning: Residential
  • Best Use: Residential
  • Current Use: Residential

Tax Info

  • Tax Map Number: in `70298
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2018
Closed on
May 8, 2019
Sold by
Crews Brian E and Crews Tiffany C
Bought by
Clark Frederick O
Seller's Agent
Jeff Black
Lexington Real Estate Connection
Buyer's Agent
Lori Sadler
Lexington Real Estate Connection
List Price
$165,727
Sold Price
$165,900
Premium/Discount to List
$173
0.1%
Current Estimated Value
$252,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,692
Avg. Annual Appreciation
6.53%
Original Mortgage
$171,374
Outstanding Balance
$150,366
Interest Rate
4.1%
Mortgage Type
VA
Estimated Equity
$102,226

Purchase Details

Closed on
Jan 25, 2017
Sold by
Hill Dennis Keith and Hall Virginia Elaine
Bought by
Crews Brian E and Crews Tiffany C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,111
Interest Rate
4.16%
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
Clark Frederick O $165,900 Chicago Title Insurance Co
Crews Brian E $110,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark Frederick O $171,374
Previous Owner Crews Brian E $111,111
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2019 05/30/19 Sold $165,900 +0.1% $141 / Sq Ft
03/15/2019 03/15/19 Pending -- -- --
12/03/2018 12/03/18 For Sale $165,727 -- $141 / 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 $1,795 $195,100 $35,000 $160,100
2024 $18 $195,111 $35,000 $160,111
2023 $1,795 $195,111 $35,000 $160,111
2022 $1,795 $195,111 $35,000 $160,111
2021 $1,403 $132,436 $30,000 $102,436
2020 $1,403 $132,436 $30,000 $102,436
2019 $1,370 $132,436 $30,000 $102,436
2018 $1,370 $132,400 $30,000 $102,400
2017 $1,557 $140,300 $42,500 $97,800
2016 $1,529 $140,300 $42,500 $97,800
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Jeff Black

    Lexington Real Estate Connection

    (540) 958-0189

    44 in this area

    173 Total Sales

    Jeff Black
    Section Image

  • L

    Buyer's Agent in 2019

    Lori Sadler

    Lexington Real Estate Connection

    (540) 817-8259

    14 in this area

    17 Total Sales

    Lori Sadler
    Section Image
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Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 133604

APN: 3-3-F

Virginia Lexington City County Lexington 24450

311 Summit St, Lexington, VA

Not Listed for Sale

Detached

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