NOT LISTED FOR SALE

40 George William Ln Lexington, VA 24450

Lexington Area

Estimated Value: $363,000 - $416,000

2 Beds
2 Baths
1,297 Sq Ft
$299/Sq Ft Est. Value

Sale Details

Date Sold: March 20, 2023

Last sale price $402,000 $310 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,364 / mo

36 Days on Market

Highlights

  • New Construction
  • Deck
  • Wood Flooring
  • Mountain View
  • Outdoor Fireplace
  • Main Floor Primary Bedroom

About This Home

As of March 2023

This charming new construction cottage is more than just a place to live, it's a lifestyle. The well-designed floor plan boasts of 10-foot ceilings with floods of natural light, creating a bright and inviting atmosphere. The kitchen is the epitome of function and style with quartz countertops, cafe' appliances and a large center island. Thoughtful splashes of color accentuate the quality finishes such as hardwood floors, gas log fireplace, exposed beams ceilings and more. The exterior amenities are also noteworthy, offering a detached garage, paved driveway, covered front porch and rear deck. Located in the highly sought-after Ponds Subdivision with amenities that include a clubhouse, indoor and outdoor pool. This home offers the perfect blend of modern amenities and timeless design.

Last Agent to Sell the Property

Kimberly Hostetter

eXp Realty LLC Listed on: 01/16/2023

Last Buyer's Agent

Non Member

Non-Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,655

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 12,632 Sq Ft Lot
  • Cul-De-Sac
  • Interior Lot
  • Subdivision Possible

HOA Fees

  • $85 Monthly HOA Fees

Home Design

  • Cottage
  • Shingle Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 1,297 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace
  • Thermal Pane Windows
  • Living Room with Fireplace
  • Mountain Views
  • Crawl Space
  • Scuttle Attic Hole
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

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

Parking

  • 1 Car Detached Garage
  • Driveway

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Fireplace

Location

  • Flood Zone Lot

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • The Duke Community
  • The Ponds At Lexington Subdivision

Listing and Financial Details

  • Assessor Parcel Number 62 32 122

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,655

Year Built

Built in 2022 | New Construction

Lot Details

0.29 Acres

HOA Fees

$85 per month

Listing Details

  • ConservationEsmnt: No
  • Directions: From Downtown Lexington, take Rt 11 N; turn right on Old Buena Vista Road; left onto Lincoln Road; right on Lilly Bell Drive, right on George William Lane, property is on your right.
  • HistoricProperty: No
  • InternetServicesAvailable: Cable, Fiber Optic
  • Listing Member Name: Kimberly Hostetter
  • Listing Office Short Id: CCS
  • Open House Office I D: 20201112154501242719000000
  • Hoa2 Or Poa: Yes
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: non-member
  • Subdivision Name: The Ponds at Lexington
  • Subdivision Yn: Yes
  • TotalFinSFApx: 1297.00
  • Year Built: 2022
  • Taxes Dollars: 1655.38
  • TotalAcresApx: 0.29
  • 1StFloorMstrBdrm: Yes
  • PorchDeckPatioDeck: Rear
  • PorchDeckPatioPorch: Front
  • Building Style: Cottage
  • Type of Construction: Stick Built
  • YardSign: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Crawl Space
  • Full Bathrooms: 2.00
  • Updated Floor: Ceramic Tile, Wood
  • Entry Location: Inside Lot
  • Appliances: Dishwasher, Dryer Hookup, Electric Range, Microwave, Refrigerator, Washer Hookup
  • Has Attic: Scuttle
  • Lower Floor 1 Bedrooms: 2
  • Fireplace: 1, Gas
  • Fireplace Location: Living Room
  • Interior Amenities: Breakfast Area, Ceiling Fan, Walk-in Closet
  • Lower Floor 1 Bedrooms: 6

Exterior Features

  • Easements: Unknown
  • Exterior: Wood
  • Exterior Features: Cable Available, Ceiling Fan(s), Cul-de-sac, Deck-Side, Fireplace, New Construction, Paved Driveway, Porch-Front, Smoke Detector, Thermopane Windows, View - Mountains
  • Road Frontage: Paved Road
  • Roof: Shingle
  • Street: George William
  • Tax Rate: .74
  • Flood Zone: NE
  • Exterior Features: Covered Porch, Deck, Paved Driveway

Garage/Parking

  • Garage Spaces: Detached, Single

Utilities

  • Cooling: Central Cooling, Heat Pump Electric
  • Heating: Electric, Heat Pump(s)
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Schools

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

Lot Info

  • Future Land Use: No
  • Property Name: The Duke
  • Zoning: Residential
  • Best Use: Residential
  • Current Use: Residential

Tax Info

  • Tax Map Number: 62 32 122
  • Tax Year: 2022

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2023
Closed on
Feb 24, 2023
Sold by
Bought by
Seller's Agent
Kimberly Hostetter
eXp Realty LLC
Buyer's Agent
Non Member
Non-Member
List Price
$409,000
Sold Price
$402,000
Premium/Discount to List
-$7,000
-1.71%
Views
58
Current Estimated Value
$388,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,907
Avg. Annual Appreciation
-1.04%

Purchase Details

Closed on
Feb 15, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
0.0369%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$402,000 Old Republic National Title
$75,000 Spencer & Taylor Plc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $290,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/20/2023 03/20/23 Sold $402,000 -1.7% $310 / Sq Ft
02/21/2023 02/21/23 Pending -- -- --
01/16/2023 01/16/23 For Sale $409,000 -- $315 / Sq Ft
Source: Rockbridge Highlands REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,781 $278,300 $60,000 $218,300
2024 $14 $278,300 $60,000 $218,300
2023 $1,365 $278,300 $60,000 $218,300
2022 $296 $40,000 $40,000 $0
2021 $296 $40,000 $40,000 $0
2020 $296 $40,000 $40,000 $0
2019 $292 $40,000 $40,000 $0
2018 $280 $40,000 $40,000 $0
2017 $280 $40,000 $40,000 $0
2016 $257 $35,000 $35,000 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2023

    Kimberly Hostetter

    eXp Realty LLC

  • N

    Buyer's Agent in 2023

    Non Member

    Non-Member

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Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 137435

APN: 62-32-122

Virginia Rockbridge County Lexington 24450

40 George William Ln, Lexington, VA

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