NOT LISTED FOR SALE

342 Jacobs Ladder Lexington, VA 24450

Estimated Value: $450,545 - $578,000

4 Beds
2 Baths
1,914 Sq Ft
$257/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $337,500 $176 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,766/month

3 Days on Market

Highlights

  • 6.61 Acre Lot
  • No HOA
  • Wood Siding
  • Wood Flooring
  • Forced Air Heating and Cooling System

About This Home

As of January 2021

Entering for comp purposes only.

Last Agent to Sell the Property

Heather Hamilton

H and K Properties Inc Listed on: 12/01/2020

Last Buyer's Agent

Heather Hamilton

Lexington Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,652

Year Built

  • Built in 1906

Lot Details

  • 6.61 Acre Lot
  • Property is zoned Agricultural

Parking

  • No Garage

Home Design

  • 1,914 Sq Ft Home
  • Metal Roof
  • Wood Siding

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Location

  • Flood Zone Lot

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Shared Well
  • Electric Water Heater
  • Septic System

Additional Features

  • Partially Finished Basement

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 75 A 11A

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,652

Year Built

Built in 1906

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: South on Route 11 left on Jacobs Ladder
  • HeatLiquidPropaneLO: Leased
  • HistoricProperty: No
  • Listing Member Name: Heather Hamilton
  • Listing Office Short Id: HKP
  • Open House Office I D: 20130628145106920239000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: hhamilton
  • Selling Office Short Id: HKP
  • Subdivision Yn: No
  • TotalFinSFApx: 1914.00
  • Year Built: 1906
  • Taxes Dollars: 2652.00
  • TotalAcresApx: 6.61
  • 1StFloorMstrBdrm: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Partially Finished, Unfinished
  • Full Bathrooms: 2.00
  • Updated Floor: Vinyl, Wood
  • Lower Floor 1 Bedrooms: 4
  • Fireplace: None
  • Lower Floor 1 Bedrooms: 8

Exterior Features

  • Exterior: Wood
  • Roof: Metal
  • Street: Jacobs Ladder
  • Tax Rate: .73/100
  • Flood Zone: SE

Garage/Parking

  • Garage Spaces: None

Utilities

  • Cooling: Central Cooling
  • Heating: Forced Air
  • Sewer: Existing Septic
  • Water: Shared 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
  • Current Use: Investment, Residential

Tax Info

  • Tax Map Number: 75 A 11A
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2020
Closed on
Jan 8, 2021
Sold by
Conner Timothy Charles and Timothy Charles Conner Trust
Bought by
Hughes Jeffrey Scott and Hughes Cindy
Seller's Agent
Heather Hamilton
H and K Properties Inc
Buyer's Agent
Heather Hamilton
Lexington Company
List Price
$337,500
Sold Price
$337,500
Current Estimated Value
$492,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,886
Avg. Annual Appreciation
8.28%
Original Mortgage
$320,625
Outstanding Balance
$285,957
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$206,429
Source: Public Records

Range of Values:

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Average Value
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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
Hughes Jeffrey Scott $337,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hughes Jeffrey Scott $320,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2021 01/29/21 Sold $337,500 0.0% $176 / Sq Ft
12/04/2020 12/04/20 Pending -- -- --
12/01/2020 12/01/20 For Sale $337,500 -- $176 / 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 $2,113 $346,400 $106,100 $240,300
2024 $2,113 $346,400 $106,100 $240,300
2023 $2,113 $346,400 $106,100 $240,300
2022 $2,099 $283,700 $77,100 $206,600
2021 $2,096 $283,700 $77,100 $206,600
2020 $2,096 $363,400 $156,800 $206,600
2019 $2,067 $363,400 $156,800 $206,600
2018 $1,982 $363,400 $156,800 $206,600
2017 $1,982 $363,400 $156,800 $206,600
2016 $1,517 $275,000 $145,600 $129,400
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: 135740

APN: 75-A-11A