NOT LISTED FOR SALE

406 Carruthers St Lexington, VA 24450

Estimated Value: $195,000 - $344,000

4 Beds
2 Baths
1,988 Sq Ft
$140/Sq Ft Est. Value

Sale Details

Date Sold: September 10, 2021

Last sale price $70,000 $35 Per Sq Ft

Est. 298% increase in value since last sale

Current estimated payment $1,661 / mo

134 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Enclosed Patio or Porch
  • Harrington Waddell Elementary School Rated A
  • Cottage
  • 3-minute walk to Lexington Historic District

About This Home

As of September 2021

Cozy Cottage with covered front porch is convenient to historic downtown Lexington, VMI, W&L and walking distance to restaurants, shopping and schools. 3bedrooms and 1 bath on the main level. Lower level has one bedroom efficiency apartment. Solid investment potential with proven rental history or easily adapted to single-family living. Ready for a little TLC to refresh the period charm. Priced below assessed value

Last Agent to Sell the Property

Lana Nicely

Flint Realty LLC Listed on: 03/25/2021

Last Buyer's Agent

Lana Nicely

Flint Realty LLC Listed on: 03/25/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,195

Year Built

  • Built in 1937

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 50' x 184'

Parking

  • No Garage

Home Design

  • Cottage
  • Metal Roof
  • Stick Built Home

Interior Spaces

  • 1,988 Sq Ft Home
  • Ceiling Fan
  • Thermal Pane Windows
  • Scuttle Attic Hole
  • Storm Doors
  • Gas Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Cable TV Available

Additional Features

  • Enclosed Patio or Porch
  • Flood Zone Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number #17-1-109

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,195

Year Built

Built in 1937

Lot Details

9,148 Sq Ft Lot

Listing Details

  • ConservationEsmnt: No
  • Directions: Lewis Street to left on Diamond St to right on Carruthers or N. Main to right on Diamond to left on Carruthers Street.
  • HistoricProperty: No
  • Listing Member Name: Lana H Nicely
  • Listing Office Short Id: 86
  • Open House Office I D: 20061211170240485629000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: nicelyl
  • Subdivision Yn: No
  • TotalFinSFApx: 1988.00
  • Year Built: 1937
  • Taxes Dollars: 1194.62
  • TotalAcresApx: 0.21
  • 1StFloorMstrBdrm: No
  • Total Assessed Value: 112700.00
  • PorchDeckPatioPorch: Front
  • Building Style: Cottage
  • Type of Construction: Stick Built
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Finished, Full, Heated, Walkout
  • Basement Other Rooms: Efficiency apt
  • Full Bathrooms: 2.00
  • Exterior Other: asbestos shingles
  • Flood Zone Other: Not in hazard zone
  • Updated Floor: Vinyl, Wood
  • Water Heater Other: yes
  • Appliances: As Is, Gas Range
  • Has Attic: Scuttle
  • Lower Floor 1 Bedrooms: 4
  • Fireplace: None
  • Interior Amenities: Ceiling Fan
  • Lower Floor 1 Bedrooms: 9

Exterior Features

  • Exterior Features: Cable Available, Porch-Enclosed, Porch-Front, Porch-Rear, Sidewalks, Storm Door-Front, Thermopane Windows
  • Road Frontage: City Street
  • Roof: Metal
  • Street: Carruthers
  • Tax Rate: 1.06
  • Flood Zone: NW
  • Exterior Features: Covered Porch
  • Guest House: No

Garage/Parking

  • Garage Spaces: None

Utilities

  • Cooling: No Cooling System
  • Heating: Forced Air, Gas
  • Sewer: Public Sewer
  • Water: Public Water

Schools

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

Lot Info

  • Future Land Use: No
  • Lot Dimensions: 50' x 184'
  • Zoning: Residential
  • Best Use: Investment, Residential
  • Current Use: Investment, Residential

Tax Info

  • Tax Map Number: #17-1-109
  • Tax Year: 2021

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

Closed on
Dec 14, 2021
Sold by
Bought by
Current Estimated Value
$278,467

Purchase Details

Listed on
Mar 25, 2021
Closed on
Aug 17, 2021
Sold by
Bought by
Seller's Agent
Lana Nicely
Flint Realty LLC
Buyer's Agent
Lana Nicely
Flint Realty LLC
List Price
$99,500
Sold Price
$70,000
Premium/Discount to List
-$29,500
-29.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.91%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$85,000 None Available
$70,000 None Available
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
09/10/2021 09/10/21 Sold $70,000 -29.6% $35 / Sq Ft
08/06/2021 08/06/21 Pending -- -- --
03/25/2021 03/25/21 For Sale $99,500 -- $50 / 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 $1,885 $204,900 $35,000 $169,900
2024 $19 $201,460 $35,000 $166,460
2023 $1,854 $201,460 $35,000 $166,460
2022 $730 $79,378 $35,000 $44,378
2021 $1,195 $112,661 $32,500 $80,161
2020 $1,195 $112,661 $32,500 $80,161
2019 $1,166 $112,661 $32,500 $80,161
2018 $1,166 $112,700 $32,500 $80,200
2017 $1,013 $91,300 $25,000 $66,300
2016 $995 $91,300 $25,000 $66,300
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: Rockbridge Highlands REALTORS®

MLS Number: 135893

APN: 17 1 109

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