NOT LISTED FOR SALE

327 S Main St Lexington, VA 24450

Estimated Value: $576,516 - $879,000

5 Beds
4 Baths
4,672 Sq Ft
$155/Sq Ft Est. Value

Sale Details

Date Sold: February 22, 2022

Last sale price $455,000 $97 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $4,185 / mo

70 Days on Market

Highlights

  • Living Room with Fireplace
  • Wood Flooring
  • No HOA
  • Harrington Waddell Elementary School Rated A
  • Main Floor Primary Bedroom
  • 4-minute walk to Lexington Recreation & Parks

About This Home

As of February 2022

A fantastic opportunity to own a spacious home on Main Street! Home is currently set up with four separate apartments and has a very solid rental history. Two apartments located on the ground level and two apartments on the second level. Each unit features a living room, bedroom, office, full bathroom and kitchen. Beautiful wood floors, high ceilings and original wood work throughout. Located at the top of Main Street, property is in a fantastic location and is just a block from downtown Lexington. Two off street parking spaces available. Home would also be an amazing single family residence and has so much potential for someone who would like to renovate!

Last Agent to Sell the Property

Kara Braddick

James Wm. Moore Real Estate Co. Listed on: 08/05/2021

Last Buyer's Agent

Heather Hamilton

Lexington Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,735

Year Built

  • Built in 1920

Lot Details

  • 0.34

Parking

  • No Garage

Home Design

  • Brick Exterior Construction
  • Metal Roof

Interior Spaces

  • 4,672 Sq Ft Home
  • Multiple Fireplaces
  • Living Room with Fireplace
  • Basement Cellar
  • Pull Down Stairs to Attic

Kitchen

  • Oven
  • Microwave

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

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

Schools

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

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Gas
  • Natural Gas Water Heater

Additional Features

  • Front Porch
  • 14,810 Sq Ft Lot
  • Flood Zone Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 23 1 152

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,735

Year Built

Built in 1920

Lot Details

0.34 Acres

Listing Details

  • ConservationEsmnt: No
  • Directions: Main St. to property on left, just after White
  • HistoricProperty: No
  • Listing Member Name: Kara F. Braddick
  • Listing Office Short Id: 78
  • Open House Office I D: 20061211170240946497000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: hhamilton
  • Subdivision Yn: No
  • TotalFinSFApx: 4672.00
  • Year Built: 1920
  • Taxes Dollars: 4735.00
  • TotalAcresApx: 0.34
  • 1StFloorMstrBdrm: Yes
  • Building Style: Apartment House
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Cellar
  • Full Bathrooms: 4.00
  • Updated Floor: Vinyl, Wood
  • Roof Other: New: 2010
  • Appliances: As Is, Microwave, Oven, Refrigerator
  • Appliances Other: 4 sets of each
  • Has Attic: Drop Stair
  • Lower Floor 1 Bedrooms: 5
  • Fireplace: 3 or More
  • Fireplace Location: Living Room
  • Fireplace Other: Not functioning
  • Lower Floor 1 Bedrooms: 14

Exterior Features

  • Exterior: Brick
  • Exterior Features: Porch-Front
  • Road Frontage: City Street, Paved Road
  • Roof: Metal
  • Street: Main
  • Tax Rate: 1.06
  • Flood Zone: SW

Garage/Parking

  • Garage Spaces: None

Utilities

  • Cooling: Window Unit(s)
  • Heating: Gas, Radiator
  • 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: Investment, Residential
  • Current Use: Investment

Tax Info

  • Tax Map Number: 23 1 152
  • Tax Year: 2021

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2022 02/22/22 Sold $455,000 -13.3% $97 / Sq Ft
10/14/2021 10/14/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $525,000 -- $112 / 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 $4,059 $441,200 $150,000 $291,200
2024 $41 $441,207 $150,000 $291,207
2023 $4,059 $441,207 $150,000 $291,207
2022 $4,059 $441,207 $150,000 $291,207
2021 $4,735 $446,706 $150,000 $296,706
2020 $4,735 $446,706 $150,000 $296,706
2019 $4,623 $446,706 $150,000 $296,706
2018 $4,623 $446,700 $150,000 $296,700
2017 $4,418 $398,000 $115,000 $283,000
2016 $4,338 $398,000 $115,000 $283,000
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 136286

APN: 23 1 152

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