NOT LISTED FOR SALE

408 Highland Rd Lexington, VA 24450

Estimated Value: $616,000 - $771,000

5 Beds
4 Baths
3,042 Sq Ft
$230/Sq Ft Est. Value

Last Sold July 01, 2014

Last sale price $445,000 $146 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,139/month

56 Days on Market

About This Home

As of July 2014

Stately brick home located in the historic district of Lexington, VA. This spacious 5 BR, 3 BA home offers living room w/ fireplace, dining room, eat-in kitchen, study, family room and mounds of storage. The perfect home for entertaining both indoors and out! This ideal downtown location sits across from the Woods Creek Trail and Waddell Elementary and just blocks from downtown!

Last Agent to Sell the Property

Kara Braddick

James Wm. Moore Real Estate Co. Listed on: 03/19/2014

Last Buyer's Agent

Melissa Holland

Lexington Company

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,102

Year Built

1959

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: Main Street to right on Jordan St, right on Highland, property on right
  • HistoricProperty: No
  • Listing Member Name: Kara F. Braddick
  • Listing Office Short Id: 78
  • Open House Office I D: 20061211170240946497000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: hollandm
  • Selling Office Short Id: 121
  • Subdivision Yn: No
  • TotalFinSFApx: 3042.00
  • Year Built: 1959
  • Taxes Dollars: 3770.00
  • TotalAcresApx: 0.26
  • 1StFloorMstrBdrm: No
  • PorchDeckPatioPatio: Rear
  • Building Style: Colonial/Federal
  • Type of Construction: Stick Built
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Heated, Partially Finished, Walkout
  • Full Bathrooms: 3.00
  • Flood Zone Other: Zone X
  • Updated Floor: Carpet, Tile, Vinyl, Wood
  • Half Bathrooms: 1
  • Appliances: As Is, Cook Top, Dishwasher, Dryer Hookup, Oven, Refrigerator, Washer Hookup
  • Has Attic: Floored, Staircase
  • Lower Floor 1 Bedrooms: 5
  • Fireplace: 2
  • Fireplace Location: Family Room, Living Room
  • Interior Amenities: Breakfast Area, Ceiling Fan, Storage, Workshop
  • Lower Floor 1 Bedrooms: 10

Exterior Features

  • Exterior: Brick
  • Exterior Features: Fireplace
  • Road Frontage: City Street, Paved Road
  • Roof: Shingle
  • Street: Highland
  • Tax Rate: .83
  • Flood Zone: SW
  • Exterior Features: Patio, Paved Driveway, Storage Shed

Garage/Parking

  • Garage Spaces: None

Utilities

  • Cooling: Central Cooling
  • Heating: Forced Air, Gas
  • Sewer: Public Sewer
  • 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

  • Zoning: Residential
  • Best Use: Residential
  • Current Use: Residential

Tax Info

  • Tax Map Number: 22 7 3
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2014
Closed on
Jun 26, 2014
Sold by
Bond Eric W and Bond Alyson E
Bought by
Fox Gavin L and Fox Mollie W
Seller's Agent
Kara Braddick
James Wm. Moore Real Estate Co.
Buyer's Agent
Melissa Holland
Lexington Company
List Price
$460,000
Sold Price
$445,000
Premium/Discount to List
-$15,000
-3.26%
Current Estimated Value
$698,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,220
Avg. Annual Appreciation
3.60%
Original Mortgage
$300,000
Interest Rate
3.09%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Fox Gavin L $445,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fox Mollie W $256,000
Closed Fox Gavin L $300,000
Closed Fox Gavin L $300,000
Previous Owner Bond Eric W $59,000
Previous Owner Bond Eric W $324,000
Previous Owner Bond Eric W $335,000
Previous Owner Bond Eric W $51,000
Previous Owner Bond Eric W $33,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2014 07/01/14 Sold $445,000 -3.3% $146 / Sq Ft
05/14/2014 05/14/14 Pending -- -- --
03/19/2014 03/19/14 For Sale $460,000 -- $151 / 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 $4,102 $445,851 $95,000 $350,851
2023 $4,102 $445,851 $95,000 $350,851
2022 $4,102 $445,851 $95,000 $350,851
2021 $4,345 $409,918 $90,000 $319,918
2020 $4,345 $409,918 $90,000 $319,918
2019 $4,242 $409,918 $90,000 $319,918
2018 $4,242 $409,900 $90,000 $319,900
2017 $4,355 $392,300 $90,000 $302,300
2016 $4,276 $392,300 $90,000 $302,300
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kara Braddick

    Seller's Agent in 2014

    Kara Braddick

    James Wm. Moore Real Estate Co.

    (540) 460-0484

    169 in this area

    244 Total Sales

    Kara Braddick
    Section Image

  • M

    Buyer's Agent in 2014

    Melissa Holland

    Lexington Company

See All Agents

Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 128062

APN: 22-7-3

Virginia Lexington City County Lexington 24450

408 Highland Rd, Lexington, VA

This home is located at 408 Highland Rd, Lexington, VA 24450 since 19 March 2014 and is currently estimated at $698,220, approximately $229 per square foot. This property was built in 1959. 408 Highland Rd is a home located in Lexington City with nearby schools including Harrington Waddell Elementary School, Lylburn Downing Middle School, and Earthsong Community School.

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