NOT LISTED FOR SALE

40 Garden Place Lexington, VA 24450

Estimated Value: $461,000 - $521,000

4 Beds
3 Baths
2,448 Sq Ft
$200/Sq Ft Est. Value

Last Sold August 11, 2022

Last sale price $425,000 $174 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,844/month

51 Days on Market

Highlights

  • Two Primary Bedrooms
  • Wood Flooring
  • Hydromassage or Jetted Bathtub
  • Multiple Fireplaces
  • Main Floor Primary Bedroom
  • Granite Countertops

About This Home

As of August 2022

This beautiful 4 bedrm home located in Maury Cliffs has a spacious 0.52 lot & includes an additional 1.4 acres deeded access to the Maury River! Step inside to an open floor plan offering main level living w/ a bedroom, full bath, & laundry on main level. Enjoy the hardwood floors, gas fireplace, wired surround sound and adjoining kitchen. The kitchen boasts granite counters, a gas range, newly updated s.s. appliances & 2 full size pantries w/ tons of storage. If you work from home you will enjoy the natural light filled office w/ high speed internet. This home has a fully finished 2 car garage with an additional full sized s.s. fridge that will convey. Entertain outside on the covered front porch or expansive rear deck. See documents for complete list of recent updates.

Last Agent to Sell the Property

Anne McIntyre

LONG & FOSTER - CHARLOTTESVILLE License #0225214169 Listed on: 05/02/2022

LONG & FOSTER - CHARLOTTESVILLE

Last Buyer's Agent

NONMLSAGENT NONMLSAGENT

NONMLSOFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,293

Year Built

  • Built in 2005

Lot Details

  • 0.52 Acre Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Open Lot
  • Cleared Lot
  • Property is zoned R-1 Residential General

Home Design

  • Brick Foundation
  • HardiePlank Siding

Interior Spaces

  • 2,448 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • Multiple Fireplaces
  • Gas Log Fireplace
  • Insulated Windows
  • Double Hung Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Dining Room
  • Home Office
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Double Master Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Primary bathroom on main floor
  • Double Vanity
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Automatic Garage Door Opener

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Heating System Uses Propane
  • Cable TV Available

Community Details

  • Maury Cliffs Subdivision

Listing and Financial Details

  • Assessor Parcel Number R17628

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,293

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 2448
  • Design: Farm House
  • L V T Date: 05/02/2022
  • Parcel Number: R17628
  • Price Per Sq Ft: 173.61
  • Property Included: All kitchen appliances, s.s. fridge in garage, surround sound speakers in family room.
  • Total Sq Ft: 2448
  • Type of Construction: On Site Built
  • Zoning: R-1 Residential General
  • Best Use: residential
  • Current Use: residential
  • Subdivision: MAURY CLIFFS
  • Comments: Yes
  • Concatenated Rooms1: |Home Offic1|Dining Roo1|Family Roo1|Kitchen1|Laundry1|Bedroom1|Master Bed2|Bedroom2|Bedroom2|
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Gas, Gas Logs, One
  • Laundry: Dryer, Dryer Hookup, Washer, Washer Hookup
  • Room 1: Home Office,11.5x13.5,On Level: 1
  • Room 2: Dining Room,13.5 x15.6,On Level: 1
  • Room 3: Family Room,28.6x17.6,On Level: 1
  • Room 4: Kitchen,28.6x17.6,On Level: 1
  • Room 5: Laundry,5.0x6.5,On Level: 1
  • Room 6: Bedroom,13.3x12.6,On Level: 1
  • Room 7: Master Bedroom,13.6x19.4,On Level: 2
  • Room 8: Bedroom,9.1x13.2,On Level: 2
  • Room 9: Bedroom,15.6x13.5,On Level: 2
  • Total Finished Sq Ft: 2448
  • Above Grade Finished Sq Ft: 2448
  • Fireplace Location: Family Room
  • Foundation: Brick
  • Kitchen Appliances Feat: Breakfast Nook, Dishwasher, Disposal, Eat-in, Gas Range, Microwave, Pantry, Recessed Light, Refrigerator
  • Kitchen Cabinets Counters: Granite
  • Land Description: Clear Cut, Nearly Level, Open
  • Level: 2 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 3
  • Number Beds: 4
  • Number Beds Main Level: 1
  • Full Bathrooms: 3
  • Room Types: Bedroom, Dining Room, Family Room, Foyer, Full Bath, Home Office, Kitchen, Laundry, Master Bedroom, Master Bathroom
  • Room Types Level1: Bedroom (L1), Dining Room (L1), Family Room (L1), Home Office (L1), Kitchen (L1), Laundry (L1)
  • Room Types Level2: Bedroom (L2+), Master Bedroom (L2+)
  • Source of Sq Ft: Public Records

Exterior Features

  • Exterior: Hardie Plank
  • Number Of Acres: 0.52
  • Roof: Architectural Style
  • Structure Deck Porch: Deck, Porch, Porch - Front
  • Structure Features: Dual Vanities, Two Master Bedrooms, Whirlpool/Jetted Tub, Walk-in Closet
  • Structure Floors: Carpet, Ceramic Tile, Hardwood
  • Structure Security: Smoke Detector(s)
  • Structure Window Ceiling: Double-hung Windows, Insulated Windows

Garage/Parking

  • Garage: Yes
  • Garage Features: Attached, Auto Door, Electricity, Faces Front
  • Number of Car Spaces: 2

Utilities

  • Cooling: Central AC
  • Heating: Central Heat, Heat Pump, Natural Gas, Propane
  • Cable Available: Cable
  • Sewer/Septic System: Public Sewer
  • Water: Public Water

Schools

  • Elementary School: Central (Rockbridge)
  • Middle School: Maury River
  • High School: Rockbridge

Lot Info

  • Lot Features: Cul-de-sac, Dead end

Building Info

  • Year Built: 2005

Tax Info

  • Year: 2022
  • Taxes: 2293

MLS Schools

  • HighSchool: Rockbridge
  • Middle School: Maury River
  • Elementary School: Central (Rockbridge)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2022
Closed on
Aug 9, 2022
Sold by
Gandhi Derin P
Bought by
Montgomery Kevin Russell and Carter Stefanie Brooke
Seller's Agent
Anne McIntyre
LONG & FOSTER - CHARLOTTESVILLE
Buyer's Agent
NONMLSAGENT NONMLSAGENT
NONMLSOFFICE
List Price
$425,000
Sold Price
$425,000
Total Days on Market
51
Current Estimated Value
$488,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,853
Avg. Annual Appreciation
5.93%
Original Mortgage
$417,302
Outstanding Balance
$402,140
Interest Rate
5.7%
Mortgage Type
FHA
Estimated Equity
$104,529

Purchase Details

Listed on
Oct 2, 2009
Closed on
May 21, 2012
Sold by
Weaver Kevin Kyle and Weaver Jennifer Kopf
Bought by
Gandhi Derin P and Gandhi Kinjalkumari Derinkumar
Seller's Agent
Jeri Moore
James Wm. Moore Real Estate Co.
Buyer's Agent
Rona Bruce
Prudential Commonwealth
List Price
$399,000
Sold Price
$300,000
Premium/Discount to List
-$99,000
-24.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.47%
Original Mortgage
$240,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2005
Sold by
Maury Cliffs Development Corp
Bought by
Rutherford Construction Inc
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
Montgomery Kevin Russell $425,000 New Title Company Name
Gandhi Derin P $300,000 None Available
Rutherford Construction Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montgomery Kevin Russell $417,302
Previous Owner Gandhi Derin P $28,200
Previous Owner Gandhi Derinkumar P $260,000
Previous Owner Gandhi Derin P $240,000
Previous Owner Weaver Jennifer K $290,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2022 08/11/22 Sold $425,000 0.0% $174 / Sq Ft
06/22/2022 06/22/22 Pending -- -- --
06/15/2022 06/15/22 For Sale $425,000 0.0% $174 / Sq Ft
05/08/2022 05/08/22 Pending -- -- --
05/02/2022 05/02/22 For Sale $425,000 +41.7% $174 / Sq Ft
05/25/2012 05/25/12 Sold $300,000 -24.8% $123 / Sq Ft
05/14/2012 05/14/12 Pending -- -- --
10/02/2009 10/02/09 For Sale $399,000 -- $164 / Sq Ft
Source: Charlottesville area 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 $2,234 $366,200 $70,000 $296,200
2023 $2,234 $366,200 $70,000 $296,200
2022 $2,293 $309,900 $75,000 $234,900
2021 $2,293 $309,900 $75,000 $234,900
2020 $2,293 $309,900 $75,000 $234,900
2019 $2,262 $309,900 $75,000 $234,900
2018 $2,169 $309,900 $75,000 $234,900
2017 $2,169 $309,900 $75,000 $234,900
2016 $2,273 $309,300 $85,000 $224,300
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: Charlottesville area Association of Realtors®

MLS Number: 629793

Charlottesville area Association of Realtors®

APN: 61D-2-3