NOT LISTED FOR SALE

406 Highland Rd Lexington, VA 24450

Estimated Value: $333,000 - $423,000

3 Beds
1 Bath
1,288 Sq Ft
$300/Sq Ft Est. Value

Last Sold August 23, 2013

Last sale price $187,000 $145 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $2,354/month

99 Days on Market

About This Home

As of August 2013

Excellent single level home within walking distance to historic downtown Lexington. The house is located across the street from the park and is close to shopping, schools, and the colleges. Come see the Mountain views from the front porch and also enjoy the privacy on the rear screen porch. The three bedroom house is on a full basement with a garage and has been freshly painted.

Last Agent to Sell the Property

Hunter McClung

J.F. Brown Real Estate Services Listed on: 05/14/2013

Last Buyer's Agent

Cheryl Shaw

Lexington Real Estate Connection

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,644

Year Built

1951

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: From Jackson Avenue turn West onto White St. The left onto Highland.
  • HistoricProperty: No
  • Listing Member Name: Hunter McClung
  • Listing Office Short Id: 121
  • Open House Office I D: 20061211170240860305000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: shawc
  • Selling Office Short Id: 121
  • Subdivision Yn: No
  • TotalFinSFApx: 1288.00
  • Year Built: 1951
  • Taxes Dollars: 1352.00
  • TotalAcresApx: 0.26
  • 1StFloorMstrBdrm: Yes
  • Total Assessed Value: 252000.00
  • PorchDeckPatioPorch: Front
  • StyleRanch: YES
  • Type of Construction: Stick Built
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Area Remarks: Lexington
  • Has Basement: Interior Access, Slab, Unfinished
  • Full Bathrooms: 1.00
  • Updated Floor: Carpet, Wood
  • Entry Location: Other
  • Appliances: As Is, Dishwasher, Dryer Hookup, Electric Range, Garage Door Opener, Refrigerator, Sump Pump, Washer, Washer Hookup
  • Has Attic: Scuttle
  • Lower Floor 1 Bedrooms: 3
  • Fireplace: 1
  • Fireplace Location: Living Room
  • Interior Amenities: Ceiling Fan
  • Lower Floor 1 Bedrooms: 8

Exterior Features

  • Easements: Unknown
  • Exterior: Brick, Wood
  • Exterior Features: Ceiling Fan(s), Fireplace, Paved Driveway, Porch-Screened, Storm Door-Front, View - Mountains
  • Flood Zone: Minimal
  • Road Frontage: City Street
  • Roof: Shingle
  • Street: Highland
  • Tax Rate: .72
  • Flood Zone: SW
  • Fencing: None
  • Topography: Open, Views
  • Exterior Features: Covered Porch, Paved Driveway, Screened Porch

Garage/Parking

  • Garage Spaces: Single

Utilities

  • Cooling: Central Cooling
  • Heating: Gas
  • Sewer: Public Sewer
  • Utilities Available: Cable, Electric, Gas, Public Water
  • Water: Public Water
  • Water Heater: Natural Gas

Schools

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

Lot Info

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

Tax Info

  • Tax Map Number: 22-7-2
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2013
Closed on
Aug 14, 2013
Sold by
Lipscomb Arthur M and Burger Anne L
Bought by
Robbins Stephen Wayne and Guillory John Wade
Seller's Agent
Hunter McClung
J.F. Brown Real Estate Services
Buyer's Agent
Cheryl Shaw
Lexington Real Estate Connection
List Price
$219,000
Sold Price
$187,000
Premium/Discount to List
-$32,000
-14.61%
Current Estimated Value
$386,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,530
Avg. Annual Appreciation
5.95%
Source: Public Records

Range of Values:

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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
Robbins Stephen Wayne $187,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brink Ryan Jefferson $388,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2013 08/23/13 Sold $187,000 -14.6% $145 / Sq Ft
08/21/2013 08/21/13 Pending -- -- --
05/14/2013 05/14/13 For Sale $219,000 -- $170 / 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 $2,644 $287,413 $95,000 $192,413
2023 $2,644 $287,413 $95,000 $192,413
2022 $2,644 $287,413 $95,000 $192,413
2021 $2,465 $232,512 $90,000 $142,512
2020 $2,465 $232,512 $90,000 $142,512
2019 $2,406 $232,512 $90,000 $142,512
2018 $2,406 $232,500 $90,000 $142,500
2017 $2,590 $233,300 $90,000 $143,300
2016 $2,543 $233,300 $90,000 $143,300
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: 127245

APN: 22-7-2