NOT LISTED FOR SALE

38 Falcon Ln Lexington, VA 24450

Estimated Value: $587,000 - $805,000

6 Beds
4 Baths
5,226 Sq Ft
$135/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $900,000 $172 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $4,163/month

11 Days on Market

Highlights

  • In Ground Pool
  • Panoramic View
  • Deck
  • Sauna
  • 4.15 Acre Lot
  • Contemporary Architecture

About This Home

As of December 2021

Absolutely stunning home with fabulous mountain views! This 6 BR, 3.5BA home has been meticulously maintained from top to bottom. The space is incredible, location top notch and the amenities countless. Main level offers an open floor plan and includes a LR with gas fireplace, dining room and upgraded kitchen. Media room with pool table and a motorized 130'' projection screen. Master suite, 3 guest rooms and 2.5 baths also on the main floor. The huge master suite has custom built-ins, walk-in closet, renovated bathroom and exterior access to sauna and hot tub. Lower level is home to a family room, kitchenette, new bathroom and two bedrooms. Outdoor entertaining at its finest, with multiple decks and beautiful salt water pool. Enjoy stunning views one mile from downtown Lexington!

Last Agent to Sell the Property

Kara Braddick

James Wm. Moore Real Estate Co. Listed on: 10/07/2021

Last Buyer's Agent

Rona Bruce

Prudential Commonwealth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,644

Year Built

  • Built in 1992

Lot Details

  • 4.15 Acre Lot
  • Property fronts a private road
  • Garden
  • Subdivision Possible

Property Views

  • Panoramic
  • Mountain

Home Design

  • Contemporary Architecture
  • Wood Siding

Interior Spaces

  • 5,226 Sq Ft Home
  • Wired For Sound
  • Shelving
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Thermal Pane Windows
  • Living Room with Fireplace
  • Storage
  • Sauna

Kitchen

  • Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Attic

  • Attic Fan
  • Scuttle Attic Hole

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 2 Car Attached Garage
  • Parking Storage or Cabinetry
  • Tuck Under Garage
  • Driveway

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Deck
  • Patio
  • Outdoor Fireplace
  • Outdoor Storage
  • Storage Shed

Location

  • Flood Zone Lot

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Underground Utilities
  • Power Generator
  • Electric Water Heater
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Hunter Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 61A1 2 6 & 61A1 A 19

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,644

Year Built

Built in 1992

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: Rt. 11 N. to left on Hunter Hill Rd. , Right on Falcon Lane property on right
  • HistoricProperty: No
  • InternetServicesAvailable: Fiber Optic
  • 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: rona
  • Selling Office Short Id: 78
  • Subdivision Name: Hunter Hill
  • Subdivision Yn: Yes
  • TotalFinSFApx: 5226.00
  • Year Built: 1992
  • Taxes Dollars: 3644.00
  • TotalAcresApx: 4.15
  • 1StFloorMstrBdrm: Yes
  • PorchDeckPatioDeck: Front
  • PorchDeckPatioPatio: Front
  • Building Style: Contemporary
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Finished, Full, Interior Access, Walkout
  • Full Bathrooms: 3.50
  • Exterior Other: Painted in 2019
  • Updated Floor: Carpet, Tile, Vinyl, Wood
  • Heat Other: 3 zones; new 2020
  • Roof Other: Copper
  • Appliances: As Is, Dishwasher, Dryer, Generator, Microwave, Oven, Refrigerator, Washer
  • Has Attic: Scuttle
  • Lower Floor 1 Bedrooms: 6
  • Fireplace: 1, Gas
  • Fireplace Location: Living Room
  • Interior Amenities: Attic Fan, Audio-Video Wired, Book Shelves, Cathedral Ceiling, Ceiling Fan, Indirect Lighting, Sauna, Storage, Walk-in Closet
  • Lower Floor 1 Bedrooms: 11

Exterior Features

  • Exterior: Wood
  • Exterior Features: Cable Available, Ceiling Fan(s), Deck-Front, Deck-Rear, Fireplace, Paved Driveway, Pool-Ingrnd, Storage Building, Thermopane Windows, Undrground Utilities, View - Mountains, View - Panoramic
  • Road Frontage: Paved Road, Private Road
  • Street: Falcon
  • Surface Water: None
  • Tax Rate: .74
  • Flood Zone: NW
  • Topography: Views
  • Exterior Features: Deck, Garden Space, Hot Tub, In-Ground Pool, Patio, Paved Driveway, Storage Shed
  • Exterior Features Other: Gas line to grill

Garage/Parking

  • Garage Spaces: Attached, Double, Garage Under, Storage

Utilities

  • Cooling: Central Cooling, Zoned Cooling
  • Heating: Forced Air, Heat Pump(s), Zoned Heat
  • Sewer: Existing Septic
  • Utilities Available: Cable, Electric, Public Water, Underground
  • Water: Public Water
  • 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: Residential
  • Best Use: Residential
  • Current Use: Residential

Tax Info

  • Tax Map Number: 61A1 2 6 & 61A1 A 19
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2021
Closed on
Oct 22, 2021
Sold by
Keyser Michael J and Keyser Kimberly E
Bought by
Shaw Gregory M and Mastroianni Anna C
Seller's Agent
Kara Braddick
James Wm. Moore Real Estate Co.
Buyer's Agent
Rona Bruce
Prudential Commonwealth
List Price
$789,000
Sold Price
$900,000
Premium/Discount to List
$111,000
14.07%
Current Estimated Value
$703,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$196,880
Avg. Annual Appreciation
-5.60%
Source: Public Records

Range of Values:

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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
Shaw Gregory M $900,000 William B Mcclung Pc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Keyser Michael J $330,000
Previous Owner Keyser Michael J $50,000
Previous Owner Keyser Michael J $402,000
Previous Owner Keyser Michael J $417,000
Previous Owner Maurer Beatrice M $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2021 12/17/21 Sold $900,000 +14.1% $172 / Sq Ft
10/18/2021 10/18/21 Pending -- -- --
10/07/2021 10/07/21 For Sale $789,000 -- $151 / 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 $4,347 $712,600 $90,500 $622,100
2023 $4,347 $712,600 $90,500 $622,100
2022 $3,645 $492,500 $80,500 $412,000
2021 $3,645 $492,500 $80,500 $412,000
2020 $3,645 $492,500 $80,500 $412,000
2019 $3,595 $492,500 $80,500 $412,000
2018 $3,448 $492,500 $80,500 $412,000
2017 $3,448 $492,500 $80,500 $412,000
2016 $3,418 $465,100 $77,000 $388,100
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: 136466

APN: 61A1-2-6