NOT LISTED FOR SALE

404 E Washington St Lexington, VA 24450

Estimated Value: $294,000 - $392,000

2 Beds
1 Bath
1,324 Sq Ft
$256/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $263,000 $199 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,947/month

32 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Primary Bedroom
  • No HOA
  • Harrington Waddell Elementary School Rated A
  • Bonus Room
  • Attached Garage

About This Home

As of October 2021

Charming Cottage 3 blocks from historic Lexington Main Street. Completely renovated. Two bedrooms, one bath, featuring hardwood floors and marble tile. Abundant light throughout. Gourmet kitchen and new bath along with central AC/Heat. Working living room fireplace, lots of closet space, and new washer/dryer. Large utility room/pantry.The upper deck and concrete patio overlook a spacious yard fenced for your favorite dog(s). A new 220 Amp panel installed in the ground level basement which also offers additional storage.

Last Agent to Sell the Property

Rodger Rinehart

James River Realty - Lexington Listed on: 07/20/2021

Last Buyer's Agent

Lana Nicely

Flint Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,753

Year Built

  • Built in 1951

Lot Details

  • 0.41 Acre Lot
  • Interior Lot

Parking

  • Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Vinyl Siding

Interior Spaces

  • 1,324 Sq Ft Home
  • Living Room with Fireplace
  • Bonus Room
  • Unfinished Basement
  • Walk-Out Basement
  • Scuttle Attic Hole

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Location

  • Flood Zone Lot

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 24 4 3

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,753

Year Built

Built in 1951

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: 404 E Washington
  • HistoricProperty: No
  • Listing Member Name: Rodger Rinehart
  • Listing Office Short Id: 121
  • Open House Office I D: 20061211170240860305000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: nicelyl
  • Subdivision Yn: No
  • TotalFinSFApx: 1324.00
  • Year Built: 1951
  • Taxes Dollars: 1753.00
  • TotalAcresApx: 0.41
  • 1StFloorMstrBdrm: Yes
  • YardSign: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Slab, Unfinished, Walkout
  • Full Bathrooms: 1.00
  • Updated Floor: Ceramic Tile, Wood
  • Entry Location: Inside Lot
  • Has Attic: Scuttle
  • Lower Floor 1 Bedrooms: 2
  • Fireplace: 1
  • Fireplace Location: Living Room
  • Lower Floor 1 Bedrooms: 6

Exterior Features

  • Exterior: Block, Vinyl
  • Roof: Shingle
  • Street: Washington
  • Tax Rate: 1.06
  • Flood Zone: SE

Garage/Parking

  • Garage Spaces: Attached, Bonus Room

Utilities

  • Cooling: Central Cooling
  • Heating: Heat Pump(s)
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Natural Gas

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 4 3
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2021
Closed on
Sep 7, 2021
Sold by
Anderson Jane Cantin
Bought by
Frazier Gary Lee and Frazier Michele Ann
Seller's Agent
Rodger Rinehart
James River Realty - Lexington
Buyer's Agent
Lana Nicely
Flint Realty LLC
List Price
$279,000
Sold Price
$263,000
Premium/Discount to List
-$16,000
-5.73%
Current Estimated Value
$339,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,044
Avg. Annual Appreciation
6.14%
Original Mortgage
$163,000
Outstanding Balance
$148,318
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$190,726

Purchase Details

Listed on
Aug 3, 2018
Closed on
Aug 29, 2018
Sold by
Fannie Mae
Bought by
Cantin Anderson Jane
Seller's Agent
DENNIS HAWES
Home Realty Buena Vista
Buyer's Agent
Sally Claeys
Valley of Virginia Real Estate
List Price
$135,000
Sold Price
$150,199
Premium/Discount to List
$15,199
11.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.74%

Purchase Details

Closed on
Apr 4, 2018
Sold by
Wilhelm Brenda Lee and Tolley Brenda W
Bought by
Federal National Mortgage Association
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
Frazier Gary Lee $263,000 None Available
Cantin Anderson Jane $150,199 Wfg National Title Insurance
Federal National Mortgage Association $100,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frazier Gary Lee $163,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/08/2021 10/08/21 Sold $263,000 -5.7% $199 / Sq Ft
08/21/2021 08/21/21 Pending -- -- --
07/20/2021 07/20/21 For Sale $279,000 +85.8% $211 / Sq Ft
08/29/2018 08/29/18 Sold $150,199 +11.3% $113 / Sq Ft View Prior Sale
08/16/2018 08/16/18 Pending -- -- --
08/03/2018 08/03/18 For Sale $135,000 -- $102 / 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
2025 $2,295 $249,500 $65,000 $184,500
2024 $23 $249,502 $65,000 $184,502
2023 $2,295 $249,502 $65,000 $184,502
2022 $2,295 $249,502 $65,000 $184,502
2021 $1,753 $165,399 $58,000 $107,399
2020 $1,753 $165,399 $58,000 $107,399
2019 $1,712 $165,399 $58,000 $107,399
2018 $1,712 $165,400 $58,000 $107,400
2017 $1,610 $145,000 $52,500 $92,500
2016 $1,581 $145,000 $52,500 $92,500
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: 136248

APN: 24 4 3