NOT LISTED FOR SALE

408 Morningside Dr Lexington, VA 24450

Estimated Value: $372,580 - $477,000

4 Beds
2 Baths
2,400 Sq Ft
$176/Sq Ft Est. Value

Sale Details

Date Sold: August 9, 2013

Last sale price $225,000 $94 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $2,423 / mo

180 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Primary Bedroom
  • Screened Porch
  • Harrington Waddell Elementary School Rated A
  • No HOA
  • Level Lot

About This Home

As of August 2013

Charming home located within Lexington City limits, walking distance to Downtown and the Universities. Lovely home located on a large lot, offering a living room, dining room, kitchen, full bath, bedroom/den and screen porch on the first level. Second level has three bedrooms, full bath, laundry room and an additional screened porch. Home inspection is on file at listing office.

Last Agent to Sell the Property

Cheryl Shaw

J.F. Brown Real Estate Services Listed on: 01/11/2013

Last Buyer's Agent

Rick Alford

Lexington Real Estate Connection

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,565

Year Built

  • Built in 1925

Lot Details

  • 13,939 Sq Ft Lot
  • Level Lot

Parking

  • No Garage

Home Design

  • Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Screened Porch
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Attic

  • Attic Stairs
  • Unfinished Attic

Location

  • Flood Zone Lot

Schools

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

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Gas
  • Gas Available
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Morningside Community

Listing and Financial Details

  • Assessor Parcel Number *24 3 8

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,565

Year Built

Built in 1925

Lot Details

0.32 Acres

Listing Details

  • ConservationEsmnt: No
  • Directions: Washington Street East, left on Lewis, right on Morningside Drive, look for the JF Brown sign.
  • HistoricProperty: No
  • Listing Member Name: Cheryl M. Shaw
  • Listing Office Short Id: 121
  • Open House Office I D: 20061211170240860305000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: alfordr
  • Subdivision Yn: No
  • TotalFinSFApx: 2400.00
  • Year Built: 1925
  • Taxes Dollars: 1565.00
  • TotalAcresApx: 0.32
  • 1StFloorMstrBdrm: Yes
  • PorchDeckPatioPorch: Front
  • StyleTwoStory: YES
  • Type of Construction: Stick Built
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Area Remarks: Lexington City
  • Has Basement: Partial, Unfinished
  • Full Bathrooms: 2.00
  • Flood Zone Other: Zone X
  • Updated Floor: Vinyl, Wood
  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
  • Has Attic: Staircase, Unfinished
  • Lower Floor 1 Bedrooms: 4
  • Fireplace: 1
  • Fireplace Location: Living Room
  • Lower Floor 1 Bedrooms: 8

Exterior Features

  • Easements: Unknown
  • Exterior: Vinyl
  • Exterior Features: Cable Available, Porch-Front, Porch-Screened, Sidewalks
  • Road Frontage: City Street
  • Roof: Shingle
  • Street: Morningside
  • Surface Water: None
  • Tax Rate: .73
  • Flood Zone: NE
  • Topography: Level
  • Exterior Features: Porch, Screened Porch

Garage/Parking

  • Garage Spaces: None

Utilities

  • Cooling: Window Unit(s)
  • Heating: Gas, Radiator
  • Sewer: Public Sewer
  • Utilities Available: Cable, Electric, Gas, Public Sewer, Public Water
  • Water: Public Water
  • Water Heater: Electric

Schools

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

Lot Info

  • Property Name: Morningside
  • Zoning: Residential
  • Best Use: Residential
  • Current Use: Residential

Tax Info

  • Tax Map Number: *24 3 8
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2013
Closed on
Jul 1, 2013
Sold by
Fletcher Edith D and Fletcher Emily C
Bought by
Mcgee Grace B and Harris Morgan G
Seller's Agent
Cheryl Shaw
J.F. Brown Real Estate Services
Buyer's Agent
Rick Alford
Lexington Real Estate Connection
List Price
$260,000
Sold Price
$225,000
Premium/Discount to List
-$35,000
-13.46%
Current Estimated Value
$422,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,145
Avg. Annual Appreciation
5.08%
Original Mortgage
$202,500
Outstanding Balance
$140,768
Interest Rate
2.91%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$281,377
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mcgee Grace B $225,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgee Grace B $202,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2013 08/09/13 Sold $225,000 -13.5% $94 / Sq Ft
07/10/2013 07/10/13 Pending -- -- --
01/11/2013 01/11/13 For Sale $260,000 -- $108 / Sq Ft
Source: Rockbridge Highlands REALTORS®

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
2025 $2,400 $260,900 $55,000 $205,900
2024 $24 $260,941 $55,000 $205,941
2023 $2,400 $260,941 $55,000 $205,941
2022 $2,400 $260,941 $55,000 $205,941
2021 $2,467 $232,696 $50,000 $182,696
2020 $2,467 $232,696 $50,000 $182,696
2019 $2,408 $232,696 $50,000 $182,696
2018 $2,408 $232,700 $50,000 $182,700
2017 $2,028 $182,700 $37,500 $145,200
2016 $1,991 $182,700 $37,500 $145,200
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2013

    Cheryl Shaw

    J.F. Brown Real Estate Services

    (540) 570-5352

    66 in this area

    86 Total Sales

    Cheryl Shaw
    Section Image

  • R

    Buyer's Agent in 2013

    Rick Alford

    Lexington Real Estate Connection

    Section Image

  • l

    Buyer's Agent in 2013

    lbr.rets.alfordr

    lbr.rets.RETS_OFFICE

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Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 126839

APN: 24-3-8

Virginia Lexington City County Lexington 24450

408 Morningside Dr, Lexington, VA

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