NOT LISTED FOR SALE

315 S Main St Lexington, VA 24450

Estimated Value: $352,000 - $465,000

4 Beds
2 Baths
2,696 Sq Ft
$145/Sq Ft Est. Value

Last Sold June 23, 2022

Last sale price $275,000 $102 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,211/month

1 Day on Market

Highlights

  • Wood Flooring
  • Main Floor Primary Bedroom
  • Interior Lot
  • Harrington Waddell Elementary School Rated A
  • No HOA
  • 4-minute walk to Hopkins Green

About This Home

As of June 2022

Historic South Main Street multi-unit property offers two income-producing residential units in a highly walkable downtown location. Each unit offers approximately 1300 SF with two bedrooms, one full bath, kitchen, and plenty of living space. Monthly rent for the property is currently $1800. Irreplaceable downtown location overlooking historic Lexington makes an exciting investment or opportunity to restore to a fine single family home.

Last Agent to Sell the Property

Will Moore

James Wm. Moore Real Estate Co. Listed on: 05/10/2022

Last Buyer's Agent

Will Moore

James Wm. Moore Real Estate Co. Listed on: 05/10/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,166

Year Built

  • Built in 1889

Lot Details

  • 6,970 Sq Ft Lot
  • Interior Lot
  • Historic Home

Parking

  • No Garage

Home Design

  • Metal Roof
  • HardiePlank Siding

Interior Spaces

  • 2,696 Sq Ft Home
  • Scuttle Attic Hole
  • Unfinished Basement

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Location

  • Flood Zone Lot

Schools

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

Utilities

  • No Cooling
  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 23-1-138

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,166

Year Built

Built in 1889

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: From Main and Nelson in Lexington, walk N on S. Main St. for just over 2 blocks to property on right.
  • HistoricProperty: Yes
  • Listing Member Name: Will Moore
  • Listing Office Short Id: 78
  • Open House Office I D: 20061211170240946497000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: JWMJ
  • Subdivision Yn: No
  • TotalFinSFApx: 2696.00
  • Year Built: 1889
  • Taxes Dollars: 2165.58
  • TotalAcresApx: 0.16
  • 1StFloorMstrBdrm: Yes
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Unfinished
  • Basement Other Rooms: Encapsulated
  • Full Bathrooms: 2.00
  • Updated Floor: Vinyl, Wood
  • Entry Location: Inside Lot
  • Has Attic: Scuttle
  • Lower Floor 1 Bedrooms: 4
  • Fireplace: None
  • Lower Floor 1 Bedrooms: 9

Exterior Features

  • Easements: Right of Way
  • Exterior: Masonry(Hardy) Plank
  • Road Frontage: City Street
  • Roof: Metal
  • Street: Main
  • Tax Rate: $1.06
  • Flood Zone: SW

Garage/Parking

  • Garage Spaces: None

Utilities

  • Cooling: No Cooling System
  • Heating: Baseboard Electric
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Schools

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

Lot Info

  • Future Land Use: No
  • Zoning: Residential
  • Best Use: Investment, Residential
  • Current Use: Investment

Tax Info

  • Tax Map Number: 23-1-138
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2011
Sold by
Clayto Helen Frances
Bought by
West Nelson Investors Llc
Current Estimated Value
$391,249
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
West Nelson Investors Llc $160,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2022 06/23/22 Sold $275,000 0.0% $102 / Sq Ft
05/11/2022 05/11/22 Pending -- -- --
05/10/2022 05/10/22 For Sale $275,000 -- $102 / 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 $2,224 $241,700 $95,000 $146,700
2024 $22 $241,684 $95,000 $146,684
2023 $2,224 $241,684 $95,000 $146,684
2022 $2,224 $241,684 $95,000 $146,684
2021 $2,166 $204,294 $90,000 $114,294
2020 $2,166 $204,294 $90,000 $114,294
2019 $2,115 $204,294 $90,000 $114,294
2018 $2,115 $204,300 $90,000 $114,300
2017 $2,038 $183,600 $90,000 $93,600
2016 $2,001 $183,600 $90,000 $93,600
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Will Moore

    Seller's Agent in 2022

    Will Moore

    James Wm. Moore Real Estate Co.

    (540) 460-4602

    126 in this area

    342 Total Sales

    Will Moore
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Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 136914

APN: 23 1 138

Virginia Lexington City County Lexington 24450

315 S Main St, Lexington, VA

Not Listed for Sale

Detached

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