NOT LISTED FOR SALE

321 Institute St Staunton, VA 24401

Estimated Value: $40,412 - $274,000

0.5 Acre
$204,706 Price per Acre
21,780 Sq Ft Lot

Last Sold August 22, 2022

Last sale price $34,000

Est. 201% increase in value since last sale

Current estimated payment $567/month

About This Lot

As of August 2022

What a rare find! A half an acre lot in the City of Staunton and just one minute from downtown! This lot, listed in the Newtown Historic District, is situated on Institute St AND Fillmore St and could be the site of your new home. Wonderful views of the city in the fall and winter and so close to shopping, great restaurants and all the culture that Downtown Staunton has to offer!

Last Agent to Sell the Property

Non Member

Listed on: 08/22/2022

Last Buyer's Agent

Mary Beth Harris

James River Realty - Lexington

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $360

Lot Details

  • 0.5 Acre Lot
  • Subdivision Possible

Location

  • Flood Zone Lot

Schools

  • Tc Mcswain Elementary School
  • Shelburne Middle School
  • Staunton High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 205

Property Details

Property Type

Land

Est. Annual Taxes

$360

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: From W. Frederick, turn on Fillmore, left on Institute
  • HistoricProperty: No
  • Listing Member Name: Non Member
  • Listing Office Short Id: 108
  • Open House Office I D: 20061211170240115945000000
  • Hoa2 Or Poa: No
  • Prop. Type: Lots And Land
  • Selling Member Short Id: MBH
  • Subdivision Name: None
  • Subdivision Yn: Yes
  • Lot Use: Residential
  • Taxes Dollars: 95.00
  • TotalAcresApx: 0.50
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Entry Location: Other

Exterior Features

  • Road Frontage: City Street
  • Street: Institute
  • Tax Rate: 0.92
  • Flood Zone: NE
  • Lot Number: BLK 15 LOT 5

Utilities

  • Sewer: Public Sewer Avail
  • Water: Public Water Avail

Schools

  • Elementary School: TC McSwain
  • High School: Staunton High
  • Middle School: Shelburne

Lot Info

  • Zoning: Residential

Tax Info

  • Tax Map Number: 205
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2022
Closed on
Jun 22, 2022
Sold by
Ronald Rammelkamp
Bought by
Trauner Stephanie and Coady Jason
Seller's Agent
Beverly Stermer
REAL BROKER LLC
Buyer's Agent
Mary Beth Harris
JAMES RIVER REALTY
List Price
$39,000
Sold Price
$34,000
Premium/Discount to List
-$5,000
-12.82%
Current Estimated Value
$102,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,353
Avg. Annual Appreciation
39.23%

Purchase Details

Closed on
Nov 15, 2017
Sold by
Morris James P and Morris Angela M
Bought by
Rammelkamp Ronald

Purchase Details

Closed on
Sep 11, 2014
Sold by
American Shakespear Center
Bought by
Morris James P and Morris Angela M
Source: Public Records

Range of Values:

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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
Trauner Stephanie $34,000 Passport Title
Rammelkamp Ronald $89,000 None Available
Morris James P $5,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/22/2022 08/22/22 Sold $34,000 -12.8% --
08/22/2022 08/22/22 Pending -- -- --
08/22/2022 08/22/22 For Sale $39,000 +14.7% --
06/30/2022 06/30/22 Sold $34,000 -12.8% -- View Prior Sale
06/15/2022 06/15/22 Pending -- -- --
06/07/2022 06/07/22 For Sale $39,000 -- --
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 $360 $39,520 $39,520 $0
2024 $293 $32,930 $32,930 $0
2023 $293 $32,930 $32,930 $0
2022 $92 $10,000 $10,000 $0
2021 $92 $10,000 $10,000 $0
2020 $95 $10,000 $10,000 $0
2019 $95 $10,000 $10,000 $0
2018 $97 $10,000 $10,000 $0
2017 $49 $5,000 $5,000 $0
2016 $48 $5,000 $5,000 $0
2015 $48 $5,000 $5,000 $0
2014 $48 $5,000 $5,000 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2022

    Non Member

  • Beverly Stermer

    Seller's Agent in 2022

    Beverly Stermer

    REAL BROKER LLC

    (540) 294-3145

    76 Total Sales

    Beverly Stermer
    Section Image
  • Mary Beth Harris

    Buyer's Agent in 2022

    Mary Beth Harris

    James River Realty - Lexington

    (540) 460-0753

    189 Total Sales

    Mary Beth Harris
    Section Image
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Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 137171

APN: 7319

Virginia Staunton City County Staunton 24401

321 Institute St, Staunton, VA

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