NOT LISTED FOR SALE

340 Murat Rd Lexington, VA 24450

Collierstown Neighborhood

Estimated Value: $368,000 - $400,000

2 Beds
2 Baths
1,248 Sq Ft
$306/Sq Ft Est. Value

Last Sold December 22, 2016

Last sale price $309,000 $248 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,543/month

125 Days on Market

About This Home

As of December 2016

Southland Log Home, currently operating as a vacation rental, provides a steady income, or use for your own enjoyment! Spectacular vaulted great room, custom lighting, great kitchen, main level master, loft and second bedroom and bath create a refined, yet rustic decor. Great front deck and covered side porch to enjoy outside dining & country views. Short drive to town! meadowviewcabinva.com

Last Agent to Sell the Property

Rick Alford

Lexington Real Estate Connection Listed on: 08/19/2016

Co-Listed By

Natalie Shulkin

Lexington Real Estate Connection

Last Buyer's Agent

Non Member

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,557

Year Built

2011

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: From Lexington: west on Rt 251, right onto Murat Rd, to property on the right with Lexington Real Estate Connection sign. No drive-bys, shown by appointment only.
  • HistoricProperty: No
  • Listing Member Name: Rick Alford
  • Listing Office Short Id: 80
  • Open House Office I D: 20061211170241366991000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Road Frontage Other: R.O.W.
  • Selling Member Short Id: non-member
  • Selling Office Short Id: 108
  • Subdivision Yn: No
  • TotalFinSFApx: 1248.00
  • Year Built: 2011
  • Taxes Dollars: 1084.00
  • TotalAcresApx: 2.00
  • 1StFloorMstrBdrm: Yes
  • PorchDeckPatioDeck: Front
  • Building Style: Cabin, Log
  • Type of Construction: Log
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Crawl Space
  • Full Bathrooms: 2.00
  • Flood Zone Other: Zone X
  • Updated Floor: Laminate
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Has Attic: None
  • Lower Floor 1 Bedrooms: 2
  • Fireplace Location: Great Room
  • Fireplace Other: gas heater
  • Interior Amenities: Cathedral Ceiling, Loft
  • Lower Floor 1 Bedrooms: 5

Exterior Features

  • Exterior: Log
  • Exterior Features: Ceiling Fan(s), Thermopane Windows
  • Roof: Shingle
  • Street: Murat
  • Tax Rate: .735
  • Flood Zone: SW
  • Exterior Features: Covered Porch, Deck

Garage/Parking

  • Garage Spaces: None

Utilities

  • Cooling: Central Cooling
  • Heating: Heat Pump(s)
  • Sewer: Existing Septic
  • Water: Well
  • Water Heater: Electric

Schools

  • Elementary School: Central
  • Middle School: Maury River
  • High School: Rockbridge Co
  • Elementary School: Central
  • High School: Rockbridge Co
  • Middle School: Maury River

Lot Info

  • Zoning: Agricultural
  • Best Use: Residential, Vacation Rental
  • Current Use: Vacation Rental

Tax Info

  • Tax Map Number: 2 ac from 73-A-17
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 21, 2025
Sold by
Meadow View Cabin Llc
Bought by
Grayman Solutions Llc
Current Estimated Value
$442,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Outstanding Balance
$379,568
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$26,863

Purchase Details

Listed on
Aug 19, 2016
Closed on
Nov 22, 2016
Sold by
Salb R Christopher and Salb Lori H
Bought by
Meadow View Cabin Llc
Seller's Agent
Rick Alford
Lexington Real Estate Connection
Buyer's Agent
Non Member
List Price
$325,000
Sold Price
$309,000
Premium/Discount to List
-$16,000
-4.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.23%
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
Grayman Solutions Llc $390,000 None Listed On Document
Grayman Solutions Llc $390,000 None Listed On Document
Meadow View Cabin Llc $309,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grayman Solutions Llc $385,000
Closed Grayman Solutions Llc $385,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2016 12/22/16 Sold $309,000 -4.9% $248 / Sq Ft
12/22/2016 12/22/16 Pending -- -- --
08/19/2016 08/19/16 For Sale $325,000 -- $260 / 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 $1,557 $255,300 $51,000 $204,300
2023 $1,557 $255,300 $51,000 $204,300
2022 $1,502 $203,000 $45,000 $158,000
2021 $1,502 $203,000 $45,000 $158,000
2020 $1,502 $203,000 $45,000 $158,000
2019 $1,482 $203,000 $45,000 $158,000
2018 $1,421 $203,000 $45,000 $158,000
2017 $1,421 $203,000 $45,000 $158,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Rick Alford

    Lexington Real Estate Connection

  • N

    Seller Co-Listing Agent in 2016

    Natalie Shulkin

    Lexington Real Estate Connection

  • N

    Buyer's Agent in 2016

    Non Member

See All Agents

Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 131050

APN: 73 A 17A

Virginia Rockbridge County Lexington 24450 Collierstown

340 Murat Rd, Lexington, VA

This home is located at 340 Murat Rd, Lexington, VA 24450 since 19 August 2016 and is currently estimated at $381,608, approximately $305 per square foot. This property was built in 2011. 340 Murat Rd is a home located in Rockbridge County with nearby schools including Rockbridge County High School and Buffalo Creek Boys School.

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