NOT LISTED FOR SALE

38 Merrywood Ln Lexington, VA 24450

Collierstown Neighborhood

Estimated Value: $137,000

3 Beds
3 Baths
1,008 Sq Ft
$136/Sq Ft Est. Value

Last Sold November 19, 2021

Last sale price $133,000 $132 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $742/month

7 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • 2 Car Detached Garage
  • Wood Flooring
  • Enclosed Patio or Porch
  • Storm Windows

About This Home

As of November 2021

Well built ranch style home just a short drive from town. Three bedrooms with one and a half baths on the main level. Features large eat-in kitchen, and enclosed back porch provides for large laundry area and mud room. Hardwood floors through out the main level. Full basement has potential for separate living quarters of apartment.

Last Agent to Sell the Property

Jeffrey Mason

Colonna & Associates Listed on: 08/12/2021

Co-Listed By

Wolletta Colonna

Colonna & Associates

Last Buyer's Agent

Jeffrey Mason

Colonna & Associates Listed on: 08/12/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $855

Year Built

  • Built in 1965

Lot Details

  • 1.38 Acre Lot
  • Property fronts a private road
  • Interior Lot
  • Open Lot
  • Lot Has A Rolling Slope
  • Garden
  • Property is zoned Agricultural

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Shingle Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 1,008 Sq Ft Home
  • Ceiling Fan
  • Flue
  • Storage
  • Washer and Dryer Hookup

Kitchen

  • Oven
  • Electric Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Partially Finished Basement

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

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 2 Car Detached Garage
  • Carport

Outdoor Features

  • Enclosed Patio or Porch
  • Outdoor Storage
  • Storage Shed

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Baseboard Heater
  • Well
  • Electric Water Heater
  • Septic System
  • Satellite Dish

Additional Features

  • Flood Zone Lot
  • Chicken Farm

Community Details

  • No Home Owners Association
  • Merrywood Lane Community

Listing and Financial Details

  • Assessor Parcel Number 59 A 96A & 59 A 96

Home Details

Home Type

Single Family

Est. Annual Taxes

$855

Year Built

Built in 1965

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: Travel Rt. 60W out of Lexington approximately 4 miles to Merrywood Lane on left. House at top of hill on right.
  • HistoricProperty: No
  • Listing Member Name: Jeffrey Mason
  • Listing Office Short Id: 73
  • Open House Office I D: 20061211170240281162000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: masonj
  • Selling Office Short Id: 73
  • Subdivision Yn: No
  • TotalFinSFApx: 1008.00
  • Year Built: 1965
  • Taxes Dollars: 855.44
  • TotalAcresApx: 1.38
  • 1StFloorMstrBdrm: Yes
  • PorchDeckPatioPorch: Front
  • StyleRanch: YES
  • Type of Construction: Brick, Concrete Block, Stick Built
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Full, Partially Finished, Walkout
  • Full Bathrooms: 1.00
  • Dining Room Features Other: Flu for Woodstove
  • Updated Floor: Vinyl, Wood
  • Half Bathrooms: 2
  • Entry Location: Inside Lot
  • Appliances: Dryer Hookup, Electric Range, Oven, Washer Hookup
  • Has Attic: Drop Stair, Storage
  • Lower Floor 1 Bedrooms: 3
  • Fireplace Other: Flu in Basement
  • Interior Amenities: Ceiling Fan, Flue Available, Storage
  • Lower Floor 1 Bedrooms: 5

Exterior Features

  • Exterior: Brick, Wood
  • Exterior Features: Ceiling Fan(s), Chickens Permitted, Porch-Enclosed, Porch-Front, Porch-Open, Satellite Dish, Smoke Detector, Storage Building, Storm Door-Front, Storm Door-Rear, Storm Windows-Partia
  • Road Frontage: Private Road
  • Roof: Shingle
  • Street: Merrywood
  • Surface Water: None
  • Tax Rate: .74
  • Flood Zone: SW
  • Topography: Mixed, Open, Rolling
  • Exterior Features: Covered Porch, Garden Space, Storage Shed
  • Guest House: No

Garage/Parking

  • Garage Spaces: Carport, Detached, Double

Utilities

  • Cooling: Central Cooling, Heat Pump Electric
  • Heating: Baseboard Electric, Electric, Forced Air, Heat Pump(s)
  • Sewer: Existing Septic
  • Utilities Available: Electric
  • Water: Well
  • Water Heater: Electric
  • Domestic Water Other: New in 2017

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

  • Future Land Use: No
  • Property Name: Merrywood Lane
  • Zoning: Agricultural
  • Best Use: Investment, Residential
  • Current Use: Investment, Residential

Tax Info

  • Tax Map Number: 59 A 96A & 59 A 96
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 7, 2021
Sold by
Bennington Marlene H and Higgins Emory W
Bought by
Wortham Jackie L
Current Estimated Value
$137,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,591
Interest Rate
2.99%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Wortham Jackie L $133,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Wortham Jackie L $6,650
Previous Owner Wortham Jackie L $130,591
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2021 11/19/21 Sold $133,000 -2.9% $132 / Sq Ft
08/19/2021 08/19/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $137,000 -- $136 / 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 $12 $2,000 $2,000 $0
2023 $12 $2,000 $2,000 $0
2022 $14 $1,900 $1,900 $0
2021 $855 $115,600 $20,000 $95,600
2020 $855 $115,600 $20,000 $95,600
2019 $844 $115,600 $20,000 $95,600
2018 $809 $115,600 $20,000 $95,600
2017 $809 $115,600 $20,000 $95,600
2016 $775 $105,500 $20,500 $85,000
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jeffrey Mason

    Colonna & Associates

    Section Image

  • W

    Seller Co-Listing Agent in 2021

    Wolletta Colonna

    Colonna & Associates

    Section Image
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Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 136305

APN: 59-A-96A

Virginia Rockbridge County Lexington 24450 Collierstown

38 Merrywood Ln, Lexington, VA

This home is located at 38 Merrywood Ln, Lexington, VA 24450 since 12 August 2021 and is currently estimated at $137,000, approximately $135 per square foot. This property was built in 1965. 38 Merrywood Ln is a home located in Rockbridge County with nearby schools including Rockbridge County High School.

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