NOT LISTED FOR SALE

37 Cherry Ridge Ln Lexington, VA 24450

Estimated Value: $324,000 - $420,000

3 Beds
2 Baths
1,600 Sq Ft
$237/Sq Ft Est. Value

Last Sold August 29, 2023

Last sale price $355,000 $222 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,196/month

13 Days on Market

Highlights

  • 2 Acre Lot
  • Deck
  • Sun or Florida Room
  • Mountain View
  • Ranch Style House
  • No HOA

About This Home

As of August 2023

Views! Views! Views! This amazing one level ranch has the most amazing views. From sunrise to sunset, the mountain views and much more are unbeatable! Featuring 3 bedrooms and 2 full baths all on entry level. So many updates, which include, new decking in front and back, new french exterior doors in front and back with sliding blinds between window panes, new garage doors and windows, new driveway stone, newer stove, microwave and refrigerator. New vapor barrier and insulation under home, new 10x16 storage shed, freshly painted shutters and doors, farmhouse style kitchen sink, alarm system, spacious pantry, and so much storage space. New drain line for water softener. Water heater replaced in 2017 and roof is 5-6 years old. Must see! Call or text Sharon @ 540-797-4333 for appt.

Last Agent to Sell the Property

Sharon Smith

RE/MAX REAL ESTATE ONE License #0225086492 Listed on: 07/16/2023

RE/MAX REAL ESTATE ONE

Last Buyer's Agent

Non Member Transaction Agent

Non-Member Transaction Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,632

Year Built

  • Built in 1998

Lot Details

  • 2 Acre Lot
  • Cleared Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House

Interior Spaces

  • 1,600 Sq Ft Home
  • Ceiling Fan
  • Sun or Florida Room
  • Storage
  • Laundry on main level
  • Mountain Views
  • Crawl Space
  • Alarm System

Kitchen

  • Electric Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Shed

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 18 / B

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,632

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Interior Features: Alarm, Ceiling Fan, Storage
  • Heating System: Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Crawl Space
  • Major Appliances: Dishwasher, Disposer, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Deck, Storage Shed, Sunroom
  • Views: Mountain, Sunset
  • BedroomsBREntryLevel: 3
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1456.00
  • ExteriorDoors: Full View, Other - See Remarks
  • FullBathsFullBathsEntryLvl: 2
  • Grand Total Attached S Q F T: 1600
  • InternetAccessCurntInternetProv: Barc
  • LaundryLaundryEntryLevel: 1
  • Major Area: 24 - City of Lexington
  • MasterBedroomsMasterBREntryLvl: 1
  • NumberPrimCovSpaces: 2.00
  • OtherAboveGrdFin Sq Ft: 144.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2023-07-29
  • Residential Type: Detached
  • Style Of House: Ranch
  • Total Above Grd Fin S Q F T: 1600
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1600.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: No

Utilities

  • Sewer Description: Private Septic
  • Water Description: Private Well
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Maint-Free Exterior

Schools

  • Elementary School: Other - See Remarks
  • Middle School: Other - See Remarks
  • High School: Other - See Remarks

Lot Info

  • Lot Description: Cleared, Views
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 2.00
  • Lot: 18

Building Info

  • Year Built: 1998

Tax Info

  • Taxes (6 mo): 1632.00
  • FILLTAXID: 062000250000018B

MLS Schools

  • Elementary School: Other - See Remarks
  • HighSchool: Other - See Remarks
  • Middle School: Other - See Remarks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2023
Closed on
Aug 18, 2023
Sold by
Kinkaid John W and Kinkaid Sarah D
Bought by
Christian James H and Christian Rachel F
Seller's Agent
Sharon Smith
RE/MAX REAL ESTATE ONE
Buyer's Agent
Non Member Transaction Agent
Non-Member Transaction Office
List Price
$364,950
Sold Price
$355,000
Premium/Discount to List
-$9,950
-2.73%
Views
156
Current Estimated Value
$379,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,617
Avg. Annual Appreciation
5.65%

Purchase Details

Closed on
Jun 12, 2007
Sold by
Harris Jason Ryan and Harris April Dawn
Bought by
Beliveau Derek M and Beliveau Tracy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,450
Interest Rate
6.48%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Christian James H $355,000 Sage Title Group
Beliveau Derek M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kinkaid John W $182,000
Previous Owner Beliveau Derek M $174,000
Previous Owner Beliveau Derek M $24,000
Previous Owner Beliveau Derek M $70,104
Previous Owner Beliveau Derek M $69,000
Previous Owner Beliveau Derek M $38,450
Previous Owner Beliveau Derek M $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2023 08/29/23 Sold $355,000 -2.7% $222 / Sq Ft
07/29/2023 07/29/23 Pending -- -- --
07/16/2023 07/16/23 For Sale $364,950 -- $228 / Sq Ft
Source: Roanoke Valley Association of 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 $1,716 $281,300 $77,000 $204,300
2023 $1,716 $281,300 $77,000 $204,300
2022 $1,543 $208,500 $55,000 $153,500
2021 $1,509 $203,900 $55,000 $148,900
2020 $1,509 $203,900 $55,000 $148,900
2019 $1,488 $203,900 $55,000 $148,900
2018 $1,427 $203,900 $55,000 $148,900
2017 $1,427 $203,900 $55,000 $148,900
2016 $1,426 $194,000 $53,500 $140,500
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 899934

Roanoke Valley Association of REALTORS®

APN: 62-25-18B