$217,500
SOLD AUG 7, 2024

407 Morningside Dr Lexington, VA 24450

3 Beds
2 Baths
1,240 Sq Ft
0.28 Acres

Recently Sold

$175 Per Sq Ft

13% Below List Price

14 Days on Market

About This Home

As of April 2025

This home is ready for new life. Located just minutes from Historic Lexington, this 3 bedroom 1 1/2 bath home is beautifully situated on almost 1/3 of an acre.

Last Agent to Sell the Property

Melissa Hennis

Howard Hanna R E Services Listed on: 06/28/2024

Howard Hanna R E Services

Last Buyer's Agent

Will Moore

James Wm. Moore Real Estate Co.

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,853

Year Built

1960

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: Rt. 60 East to left at stop light to N Lewis Street. Morningside is on the right. House is on the right.
  • HistoricProperty: No
  • Listing Member Name: Melissa C. Hennis
  • Listing Office Short Id: HHRES
  • Open House Office I D: 20180717163240810671000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: JWMJ
  • Selling Office Short Id: 78
  • Subdivision Yn: No
  • TotalFinSFApx: 1240.00
  • Year Built: 1960
  • Taxes Dollars: 1832.00
  • TotalAcresApx: 0.28
  • 1StFloorMstrBdrm: Yes
  • StyleRanch: YES
  • Type of Construction: Stick Built
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: None
  • Full Bathrooms: 1.00
  • Updated Floor: Carpet, Vinyl
  • Half Bathrooms: 1
  • Appliances: As Is, Electric Range, Refrigerator
  • Has Attic: Scuttle
  • Lower Floor 1 Bedrooms: 3
  • Fireplace: 1
  • Fireplace Location: Recreation Room
  • Lower Floor 1 Bedrooms: 6

Exterior Features

  • Easements: Unknown
  • Exterior: Brick
  • Exterior Features: Patio-Rear, Storm Door-Rear
  • Road Frontage: State Road
  • Roof: Shingle
  • Street: Morningside
  • Surface Water: None
  • Tax Rate: .92
  • Flood Zone: SE
  • Topography: Level
  • Exterior Features: Porch

Garage/Parking

  • Garage Spaces: Carport

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

Lot Info

  • Zoning: Residential
  • Best Use: Investment, Residential
  • Current Use: Residential

Tax Info

  • Tax Map Number: 24 11 4
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2025
Closed on
Mar 28, 2025
Sold by
Benincasa Ugo and Benincasa Luigia Gina
Bought by
Maluski John A and Maluski Susan G
Seller's Agent
Will Moore
James Wm. Moore Real Estate Co.
Buyer's Agent
Jessie Taylor
Lexington Real Estate Connection
List Price
$365,000
Sold Price
$350,000
Premium/Discount to List
-$15,000
-4.11%
Views
53
Current Estimated Value
$341,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,738
Avg. Annual Appreciation
-9.62%
Original Mortgage
$280,000
Outstanding Balance
$279,753
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$61,509

Purchase Details

Listed on
Jun 28, 2024
Closed on
Jul 19, 2024
Sold by
Delany John J
Bought by
Benincasa Ugo and Benincasa Luigia Gina
Seller's Agent
Melissa Hennis
Howard Hanna R E Services
Buyer's Agent
Will Moore
James Wm. Moore Real Estate Co.
List Price
$249,900
Sold Price
$217,500
Premium/Discount to List
-$32,400
-12.97%
Views
60

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
95.43%
Original Mortgage
$174,000
Interest Rate
6.86%
Mortgage Type
Credit Line Revolving
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $350,000 Lexington Title
Deed $217,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $280,000 New Conventional
Previous Owner $174,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2025 04/22/25 Sold $350,000 -4.1% $282 / Sq Ft
03/20/2025 03/20/25 Pending -- -- --
02/20/2025 02/20/25 For Sale $365,000 0.0% $294 / Sq Ft
02/11/2025 02/11/25 Pending -- -- --
01/28/2025 01/28/25 For Sale $365,000 +67.8% $294 / Sq Ft
08/07/2024 08/07/24 Sold $217,500 -13.0% $175 / Sq Ft
07/12/2024 07/12/24 Pending -- -- --
06/28/2024 06/28/24 For Sale $249,900 -- $202 / 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 $1,853 $201,374 $55,000 $146,374
2023 $1,853 $201,374 $55,000 $146,374
2022 $1,853 $201,374 $55,000 $146,374
2021 $1,539 $145,245 $52,500 $92,745
2020 $1,539 $145,245 $52,500 $92,745
2019 $1,503 $145,245 $52,500 $92,745
2018 $1,503 $145,200 $52,500 $92,700
2017 $1,431 $128,900 $37,500 $91,400
2016 $1,405 $128,900 $37,500 $91,400
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: 138591

APN: 24-11-4