NOT LISTED FOR SALE

4050 W Midland Trail Lexington, VA 24450

Collierstown Neighborhood

Estimated Value: $387,000 - $746,000

3 Beds
3 Baths
2,470 Sq Ft
$232/Sq Ft Est. Value

Last Sold October 02, 2024

Last sale price $740,000 $300 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $3,385/month

50 Days on Market

About This Home

As of October 2024

Elegantly sited on a rise along the picturesque Kerrs Creek Valley, with views of Lexington's iconic House Mountain, this historic brick home offers the best of both the old and the new. The house retains the features that modernity cannot improve upon: solid brickwork, generous windows, a charming icehouse, the stately proportions of the rooms, the original millwork and doors, and even some of the original heart pine floor. In 2022, the current owners undertook a complete, sympathetic transformation of this home, which now has three bedrooms and three full bathrooms, including an upstairs primary suite. Downstairs, the family room and bathroom could become a second primary suite with the addition of two doors making a fourth bedroom.

Last Agent to Sell the Property

Rodger Rinehart

J.F. Brown Real Estate Services Listed on: 06/18/2024

Co-Listed By

Susan Rinehart

J.F. Brown Real Estate Services

Last Buyer's Agent

Michael Trani

Re/Max All Stars

Re/Max All Stars

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2024
Closed on
Sep 9, 2024
Sold by
Gill-Yoerg Family 2006 Revocable Trust and Gill Richard Charles
Bought by
Thompson Larry L and Thompson Terri
Seller's Agent
Rodger Rinehart
J.F. Brown Real Estate Services
Buyer's Agent
Michael Trani
Re/Max All Stars
List Price
$785,000
Sold Price
$740,000
Premium/Discount to List
-$45,000
-5.73%
Total Days on Market
50
Views
124
Current Estimated Value
$573,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$166,058
Avg. Annual Appreciation
-31.57%
Original Mortgage
$555,000
Outstanding Balance
$551,403
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$22,539
Source: Public Records

Similar Homes in Lexington, VA

  • 741 Furrs Mill Rd, Lexington, VA 24450

    $575,000

    • 3 Beds
    • 3 Baths
    • 2,290 Sq Ft
    • 741 Furrs Mill Rd
    • Lexington, VA

    High above and overlooking the Maury River stands this sturdy brick home on a full walkout basement, complete with an efficiency apartment for multi generational living or an income producing rental. The large L- shaped living room is banked by Anderson windows, has gleaming hardwood floors and opens onto a long back deck.The kitchen faces the river, allows for an economy of steps and adjoins the

    Janie Harris James River Realty - Lexington

    Section Image
  • 24 High Meadow Dr, Lexington, VA 24450

    $625,000

    • 3 Beds
    • 3 Baths
    • 2,650 Sq Ft
    • 24 High Meadow Dr
    • Lexington, VA

    Just 5 minutes from downtown Lexington, VMI and W&L, this stunning home in Maury Cliffs subdivision will capture your eye -- and fulfill your dreams.24 High Meadow, on a corner lot, is surrounded by gorgeous landscaping and mature trees and shrubs. Enjoy views of the Maury River cliffs soaring above the river. 24 High Meadow has access to river frontage, for picnics, family gatherings, or

    Jessie Taylor Lexington Real Estate Connection

    Section Image
  • 3 High Meadow Dr, Lexington, VA 24450

    $489,000

    • 3 Beds
    • 3 Baths
    • 2,838 Sq Ft
    • 3 High Meadow Dr
    • Lexington, VA

    High-quality custom residence privately situated on a 0.91-acre lot offers 3 bedrooms and 3 full baths with open kitchen concept and an incredible 2008 timber frame addition with vaulted ceilings, exposed beams, natural wood trim, and loft. The property boasts many valuable features including hardwood oak and bamboo floors throughout, quartz kitchen countertops, handicapped accessible master

    Will Moore James Wm. Moore Real Estate Co.

    Section Image
  • 1255 Ross Rd, Lexington, VA 24450

    $439,500

    • 3 Beds
    • 2 Baths
    • 1,836 Sq Ft
    • 1255 Ross Rd
    • Lexington, VA

    Idyllic Country Living Meets Modern Convenience - Ross Road Gem!Discover this rare opportunity to own a stunning contemporary home nestled on 3.6 acres of lush pasture, just minutes from the country club and downtown amenities. Built c. 2000, this is a passive solar energy efficient designed custom 3-bedroom, 2-bathroom residence offers 1,836 square feet of thoughtfully designed living space that

    Rodger Rinehart J.F. Brown Real Estate Services

    Section Image
  • 120 S Jefferson St, Lexington, VA 24450

    $469,000

    • 3 Beds
    • 2 Baths
    • 1,788 Sq Ft
    • 120 S Jefferson St
    • Lexington, VA

    Welcome to this timeless two-story home in a prime downtown location. Built in 1925, this classic property offers three bedrooms, two bathrooms, and the possibility for a first-floor primary bedroom. Extensively renovated, it perfectly blends modern comfort with the home's historic character. From the moment you arrive, the charm of this home invites you in. Once through the door, you're greeted

    Kimberly Hostetter eXp Realty LLC

    Section Image
  • 521 S Main St, Lexington, VA 24450

    $519,000

    • 3 Beds
    • 2 Baths
    • 1,908 Sq Ft
    • 521 S Main St
    • Lexington, VA

    Walk to historic, downtown Lexington from your well cared for, 2-story Craftsman Foursquare home (1927) on Main St. Enjoy the picturesque Main Street setting from your covered front porch. Welcoming entrance foyer illuminated by natural light. Easy flow from the living room, dining room and into the kitchen-- great for entertaining! Enjoy watching the birds or sipping coffee from your sunroom

    Jessie Taylor Lexington Real Estate Connection

    Section Image
  • 8 Augusta Ct, Lexington, VA 24450

    $629,000

    • 2 Beds
    • 3 Baths
    • 2,443 Sq Ft
    • 8 Augusta Ct
    • Lexington, VA

    Charming custom all-brick 2-bedroom, 2.5-bath home located beside Lexington Golf & Country Club. Features pond views, all-season room, eat-in kitchen, spacious living areas, gas fireplace, den (possible 3rd bedroom). Outside you will find a manicured lawn, mature landscaping, and a 2-car garage. Perfect for downsizing or easy living.

    Cheryl Shaw J.F. Brown Real Estate Services

    Section Image
  • 11 Gaines Ct, Lexington, VA 24450

    $440,000

    • 3 Beds
    • 3 Baths
    • 1,942 Sq Ft
    • 11 Gaines Ct
    • Lexington, VA

    Welcome to your new home. This three bedroom, two and a half bathroom home is located in the highly sought after area near the Lexington Golf and Country Club. This home offers a spacious living room, an office with floor to ceiling built-ins and a large family room with gas fireplace. Kitchen opens to the dining area and family room and offers easy meal prep while enjoying family time or

    Heather Hamilton H and K Properties Inc

    Section Image
  • 314 Riverbend Dr, Lexington, VA 24450

    $555,840

    • 4 Beds
    • 4 Baths
    • 2,516 Sq Ft
    • 314 Riverbend Dr
    • Lexington, VA

    Rare Ownership Opportunity in Lexington!Welcome home to this charming Cape Cod in a highly desirable location. Nestled in the sought-after Riverbend Subdivision, this property offers the best of both worlds--just minutes from town with access to the Maury River and the Chessie Trail. Step inside to discover a thoughtfully designed floor plan that exudes warmth and comfort while providing ample

    Kimberly Hostetter

    Section Image
See All Homes in Lexington

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Thompson Larry L $740,000 Colonial Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Larry L $555,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2024 10/02/24 Sold $740,000 +0.7% $300 / Sq Ft
08/07/2024 08/07/24 Pending -- -- --
08/03/2024 08/03/24 Price Changed $735,000 -6.4% $298 / Sq Ft
06/18/2024 06/18/24 For Sale $785,000 +185.5% $318 / Sq Ft
11/10/2021 11/10/21 Sold $275,000 0.0% $111 / Sq Ft
11/10/2021 11/10/21 Sold $275,000 -8.2% $111 / Sq Ft
11/04/2021 11/04/21 Pending -- -- --
11/01/2021 11/01/21 For Sale $299,500 0.0% $121 / Sq Ft
10/12/2021 10/12/21 Pending -- -- --
10/09/2021 10/09/21 For Sale $299,500 -- $121 / 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 $1,961 $321,500 $70,000 $251,500
2023 $1,961 $321,500 $70,000 $251,500
2022 $1,259 $170,100 $65,000 $105,100
2021 $1,259 $170,100 $65,000 $105,100
2020 $0 $170,100 $65,000 $105,100
2019 $1,242 $170,100 $65,000 $105,100
2018 $1,191 $170,100 $65,000 $105,100
2017 $1,191 $170,100 $65,000 $105,100
2016 $921 $125,300 $60,500 $64,800
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2024

    Rodger Rinehart

    J.F. Brown Real Estate Services

    (540) 464-1776

    9 in this area

    94 Total Sales

    Rodger Rinehart
    Section Image

  • S

    Seller Co-Listing Agent in 2024

    Susan Rinehart

    J.F. Brown Real Estate Services

    (540) 460-4544

    6 in this area

    55 Total Sales

    Susan Rinehart
    Section Image
  • Michael Trani

    Buyer's Agent in 2024

    Michael Trani

    Re/Max All Stars

    (540) 960-0550

    1 in this area

    58 Total Sales

    Michael Trani
    Section Image

  • B

    Seller's Agent in 2021

    Barbara Montrose

    WAINWRIGHT & CO., REALTORS(r)- LAKE

    (540) 728-0333

    1 in this area

    10 Total Sales

    Barbara Montrose
    Section Image

  • N

    Seller's Agent in 2021

    Non Member

  • N

    Buyer's Agent in 2021

    Non Member Transaction Agent

    Non-Member Transaction Office

See All Agents

Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 138561

APN: 46 A 2

Virginia Rockbridge County Lexington 24450 Collierstown

4050 W Midland Trail, Lexington, VA

This home is located at 4050 W Midland Trail, Lexington, VA 24450 since 18 June 2024 and is currently estimated at $573,942, approximately $232 per square foot. This property was built in 1810. 4050 W Midland Trail is a home located in Rockbridge County with nearby schools including Rockbridge County High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes