NOT LISTED FOR SALE

402 Morningside Dr Lexington, VA 24450

Estimated Value: $304,000 - $326,002

2 Beds
1.5 Baths
1,420 Sq Ft
$220/Sq Ft Est. Value

Last Sold August 23, 2019

Last sale price $170,000 $120 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $1,774/month

199 Days on Market

Highlights

  • Outdoor Fireplace
  • Main Floor Primary Bedroom
  • No HOA
  • Harrington Waddell Elementary School Rated A
  • Corner Lot
  • Cottage

About This Home

As of August 2019

Charming cottage is located within walking distance to Historic downtown Lexington, shopping, entertainment, fine dining and the Universities. Built in 1930 it boasts architectural details which will delight. The 9 Ft ceilings, large eat-in-kitchen, 1.5 baths, hardwood floors, fireplace in spacious living room, inviting front porch and large city lot will welcome you home.Come make it yours! EASY TO SHOW!!

Last Agent to Sell the Property

Lori Sadler

Lexington Real Estate Connection Listed on: 02/01/2019

Last Buyer's Agent

Connie Clark

Colonna & Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,900

Year Built

  • Built in 1930

Lot Details

  • 0.31 Acre Lot
  • Corner Lot
  • Level Lot

Parking

  • No Garage

Home Design

  • Cottage
  • Shingle Roof
  • Stucco Exterior
  • Stick Built Home

Interior Spaces

  • 1,420 Sq Ft Home
  • Shelving
  • Living Room with Fireplace
  • Storage
  • Washer and Dryer Hookup
  • Vinyl Flooring
  • Unfinished Basement
  • Partial Basement
  • Storm Windows

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main

Attic

  • Pull Down Stairs to Attic
  • Unfinished Attic

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace

Location

  • Flood Zone Lot

Schools

  • Waddell Elementary School
  • Lylburn Downing Middle School
  • Rockbridge Co High School

Utilities

  • Central Air
  • Heat Pump System
  • Gas Available
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 24 3 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,900

Year Built

Built in 1930

Lot Details

0.31 Acres

Listing Details

  • ConservationEsmnt: No
  • Directions: Nelson St. to Lewis Street, follow Lewis to Morningside Drive, home is on corner of Lewis and Morningside Drive. See Lexington Real Estate Connection sign,
  • HistoricProperty: No
  • Listing Member Name: Lori Sadler
  • Listing Office Short Id: 80
  • Open House Office I D: 20061211170241366991000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: clarkc
  • Subdivision Yn: No
  • TotalFinSFApx: 1420.00
  • Year Built: 1930
  • Taxes Dollars: 1900.00
  • TotalAcresApx: 0.31
  • 1StFloorMstrBdrm: Yes
  • PorchDeckPatioPorch: Front
  • Building Style: Cottage
  • Type of Construction: Stick Built
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Partial, Unfinished
  • Full Bathrooms: 1.00
  • Updated Floor: Vinyl
  • Half Bathrooms: 1
  • Entry Location: Corner Lot
  • Appliances: As Is, Dishwasher, Dryer Hookup, Electric Range, Refrigerator, Washer Hookup
  • Has Attic: Drop Stair, Unfinished
  • Lower Floor 1 Bedrooms: 2
  • Fireplace: 1
  • Fireplace Location: Living Room
  • Interior Amenities: Book Shelves, Storage
  • Lower Floor 1 Bedrooms: 4

Exterior Features

  • Easements: Power
  • Exterior: Stucco
  • Exterior Features: Cable Available, Fireplace, Porch-Front, Storm Windows-Full
  • Flood Zone: 100 - 500 Year
  • Road Frontage: City Street
  • Roof: Shingle
  • Street: Morningside
  • Tax Rate: 1.11
  • Flood Zone: NE
  • Topography: Level
  • Exterior Features: Covered Porch

Garage/Parking

  • Garage Spaces: None

Utilities

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

Schools

  • Elementary School: Waddell
  • High School: Rockbridge Co
  • Middle School: Lylburn Downing

Lot Info

  • Zoning: Residential
  • Best Use: Residential
  • Current Use: Residential

Tax Info

  • Tax Map Number: 24 3 1
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2019
Closed on
Jul 12, 2019
Sold by
Davis Dale R and Davis Betty M
Bought by
Parnell Caleb J
Seller's Agent
Lori Sadler
Lexington Real Estate Connection
Buyer's Agent
Connie Clark
Colonna & Associates
List Price
$189,000
Sold Price
$170,000
Premium/Discount to List
-$19,000
-10.05%
Current Estimated Value
$312,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,001
Avg. Annual Appreciation
9.71%
Original Mortgage
$161,400
Outstanding Balance
$141,050
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$170,951

Purchase Details

Closed on
Aug 15, 2008
Sold by
Miller Kirk A
Bought by
Davis Dale R and Davis Betty M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,600
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2005
Sold by
Miller Heather R
Bought by
Miller Kirk A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
5.64%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Parnell Caleb J $170,000 None Available
Davis Dale R -- None Available
Miller Kirk A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parnell Caleb J $161,400
Previous Owner Davis Dale R $165,600
Previous Owner Miller Kirk A $85,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2019 08/23/19 Sold $170,000 -10.1% $120 / Sq Ft
08/19/2019 08/19/19 Pending -- -- --
02/01/2019 02/01/19 For Sale $189,000 -- $133 / Sq Ft
Source: Rockbridge Highlands REALTORS®

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
2025 $2,029 $220,500 $50,000 $170,500
2024 $2,029 $220,462 $50,000 $170,462
2023 $2,029 $220,462 $50,000 $170,462
2022 $2,029 $220,462 $50,000 $170,462
2021 $1,814 $171,089 $45,000 $126,089
2020 $1,814 $171,089 $45,000 $126,089
2019 $1,771 $171,089 $45,000 $126,089
2018 $1,771 $171,100 $45,000 $126,100
2017 $1,584 $142,700 $37,500 $105,200
2016 $1,555 $142,700 $37,500 $105,200
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2019

    Lori Sadler

    Lexington Real Estate Connection

    (540) 817-8259

    14 in this area

    17 Total Sales

    Lori Sadler
    Section Image

  • C

    Buyer's Agent in 2019

    Connie Clark

    Colonna & Associates

See All Agents

Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 133734

APN: 24 3 1

Virginia Lexington City County Lexington 24450

402 Morningside Dr, Lexington, VA

Not Listed for Sale

Detached

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