NOT LISTED FOR SALE

313 Summit St Lexington, VA 24450

Estimated Value: $241,000 - $314,000

3 Beds
2 Baths
1,485 Sq Ft
$185/Sq Ft Est. Value

Last Sold June 22, 2018

Last sale price $156,000 $105 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $1,686/month

379 Days on Market

About This Home

As of June 2018

Walk into town from this well-maintained brick ranch on Summit St. Enjoy accessibility to grocery stores, city schools, doctors, friends and family. Actual views of Hogback Mountain from the rear deck!! Comfortable home with lots of light. Single floor living -- with a full basement, partially finished. Perfect recreation space! Could be converted to an apartment; contains a 2nd bathroom. Lots of storage space. Patio off the lower level living space makes for quiet evenings watching fireflies; while the spacious deck off the main level is elevated -- and perfect for happy gatherings of friends and family. Fenced back yard with a space for a vegetable garden! Raise your own tomatoes. Sweet landscaping includes a 5th generation rose bush in the front lawn.

Last Agent to Sell the Property

Paula Martin

Lexington Real Estate Connection Listed on: 05/23/2017

Last Buyer's Agent

Paula Martin

Keller Williams Realty

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,166

Year Built

1963

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: From Our Office -Go N. and turn Left on Washington, then Left on Jefferson. Left on White and Right on Main to Houston and turn Left. Go .5 mi to Left on Summit. House will be on Left.
  • HistoricProperty: No
  • Listing Member Name: Paula J. Martin
  • Listing Office Short Id: 80
  • Open House Office I D: 20061211170241366991000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: weissmp
  • Selling Office Short Id: 80
  • Subdivision Yn: No
  • TotalFinSFApx: 1485.00
  • Year Built: 1963
  • Taxes Dollars: 2060.00
  • TotalAcresApx: 0.18
  • 1StFloorMstrBdrm: Yes
  • Porch Deck Patio: Enclosed
  • PorchDeckPatioPorch: Rear
  • StyleRanch: YES
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Full, Interior Access, Partially Finished, Walkout
  • Full Bathrooms: 1.00
  • Dining Room Features Other: gas heater
  • Updated Floor: Laminate, Vinyl, Wood
  • Half Bathrooms: 1
  • Roof Other: New 2010
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Oven, Refrigerator, Washer
  • Has Attic: Scuttle
  • Lower Floor 1 Bedrooms: 3
  • Fireplace: Gas
  • Fireplace Location: Den
  • Fireplace Other: Gas Stove
  • Interior Amenities: Breakfast Area, Ceiling Fan, Storage
  • Lower Floor 1 Bedrooms: 6

Exterior Features

  • Exterior: Brick, Vinyl
  • Exterior Features: Cable Available, Ceiling Fan(s), Curb & Gutter, Deck-Rear, Paved Driveway, Porch-Front, Security Lighting, Smoke Detector, Storm Door-Front, Storm Windows-Full, Street Lights, Thermopane Windows, View - Mountains
  • Road Frontage: City Street
  • Roof: Shingle
  • Street: Summit
  • Tax Rate: 1.09
  • Flood Zone: SW
  • Fencing: Board
  • Topography: Level, Views
  • Exterior Features: Deck, Fenced Yard, Garden Space, Patio, Paved Driveway, Porch, Security System, Sunset View

Garage/Parking

  • Garage Spaces: None

Utilities

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

Schools

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

Lot Info

  • Zoning: Residential
  • Best Use: Investment, Residential
  • Current Use: Residential

Tax Info

  • Tax Map Number: 30 3 E
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2017
Closed on
May 4, 2018
Sold by
Worley May S
Bought by
Matsumoto Isamu and Matsumoto Sandra P
Seller's Agent
Paula Martin
Lexington Real Estate Connection
Buyer's Agent
Paula Martin
Keller Williams Realty
List Price
$189,000
Sold Price
$156,000
Premium/Discount to List
-$33,000
-17.46%
Current Estimated Value
$274,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,935
Avg. Annual Appreciation
8.16%
Original Mortgage
$148,200
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Matsumoto Isamu $156,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matsumoto Isamu $140,000
Previous Owner Matsumoto Isamu $148,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2018 06/22/18 Sold $156,000 -17.5% $105 / Sq Ft
06/06/2018 06/06/18 Pending -- -- --
05/23/2017 05/23/17 For Sale $189,000 -- $127 / 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 $2,166 $235,425 $35,000 $200,425
2023 $2,166 $235,425 $35,000 $200,425
2022 $2,166 $235,425 $35,000 $200,425
2021 $1,724 $162,612 $30,000 $132,612
2020 $1,724 $162,612 $30,000 $132,612
2019 $1,683 $162,612 $30,000 $132,612
2018 $1,683 $162,600 $30,000 $132,600
2017 $1,881 $169,500 $42,500 $127,000
2016 $1,848 $169,500 $42,500 $127,000
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Paula Martin

    Seller's Agent in 2018

    Paula Martin

    Lexington Real Estate Connection

    (540) 460-1019

    130 in this area

    284 Total Sales

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Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 131948

APN: 3-3-E

Virginia Lexington City County Lexington 24450

313 Summit St, Lexington, VA

This home is located at 313 Summit St, Lexington, VA 24450 since 23 May 2017 and is currently estimated at $274,935, approximately $185 per square foot. This property was built in 1963. 313 Summit St is a home located in Lexington City with nearby schools including Harrington Waddell Elementary School, Lylburn Downing Middle School, and Earthsong Community School.

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