NOT LISTED FOR SALE

42 Bikah Ln Lexington, VA 24450

Estimated Value: $407,000 - $533,000

5 Beds
2.5 Baths
4,576 Sq Ft
$102/Sq Ft Est. Value

Last Sold April 28, 2017

Last sale price $220,000 $48 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $2,622/month

211 Days on Market

Highlights

  • 1.37 Acre Lot
  • Wood Burning Stove
  • Ranch Style House
  • Mountain View
  • Great Room with Fireplace
  • Wood Flooring

About This Home

As of April 2017

Brick rancher located between Lexington and Buena Vista situated on l.37 acres. Efficiency apartment over 3 car garage rents for $500 a month - basement apartment rents for $250 a month. Hugh house with stone fireplace between family room and den. A must see!

Last Agent to Sell the Property

Chy Clark

City & County Real Estate Listed on: 07/18/2016

Co-Listed By

Connie Clark

City & County Real Estate

Last Buyer's Agent

Eric Mason

Forest River Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,227

Year Built

  • Built in 1955

Lot Details

  • 1.37 Acre Lot
  • Property fronts a highway
  • Interior Lot
  • Lot Has A Rolling Slope
  • Property is zoned Commercial

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Shingle Roof
  • Stick Built Home

Interior Spaces

  • 4,576 Sq Ft Home
  • Ceiling Fan
  • Multiple Fireplaces
  • Wood Burning Stove
  • Stone Fireplace
  • Brick Fireplace
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Den with Fireplace
  • Sun or Florida Room
  • Mountain Views
  • Scuttle Attic Hole

Kitchen

  • Oven
  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

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

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Enclosed Patio or Porch
  • Outdoor Fireplace

Location

  • Flood Zone Lot

Schools

  • Central Elementary School
  • Maury River Middle School
  • Rockbridge Co High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Baseboard Heater
  • Well
  • Electric Water Heater
  • Septic System
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • 42 Bikah Lane Community

Listing and Financial Details

  • Assessor Parcel Number 76A 1 1C2

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,227

Year Built

Built in 1955

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: Route 60 east to left at median at Poplar Hill Exxon then right past Rockbridge Memorial Gardens then left on Cecils View and then right on Bikah Lane.Last house up hill.
  • HistoricProperty: No
  • Listing Member Name: Chy Clark
  • Listing Office Short Id: CCRE
  • Open House Office I D: 20150612145057194287000000
  • Hoa2 Or Poa: Yes
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: ETM
  • Subdivision Yn: No
  • TotalFinSFApx: 4576.00
  • Year Built: 1955
  • Taxes Dollars: 2227.00
  • TotalAcresApx: 1.37
  • 1StFloorMstrBdrm: Yes
  • Total Assessed Value: 303000.00
  • Porch Deck Patio: Enclosed
  • PorchDeckPatioPorch: Side
  • StyleRanch: YES
  • Type of Construction: Brick, Stick Built
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Full, Heated, Interior Access, Partial, Walkout
  • Full Bathrooms: 2.00
  • Flood Zone Other: Zone X
  • Updated Floor: Carpet, Ceramic Tile, Vinyl, Wood
  • Half Bathrooms: 1
  • Entry Location: Inside Lot
  • Appliances: As Is, Dishwasher, Dryer, Dryer Hookup, Electric Range, Garage Door Opener, Oven, Refrigerator, Washer, Washer Hookup
  • Has Attic: Scuttle
  • Lower Floor 1 Bedrooms: 5
  • Fireplace: 3 or More, Brick, Stone, Wood Stove
  • Fireplace Location: Den, Great Room, Living Room
  • Interior Amenities: Ceiling Fan
  • Lower Floor 1 Bedrooms: 9

Exterior Features

  • Easements: Power, Right of Way
  • Exterior: Brick
  • Exterior Features: Apartment, Fireplace, Porch-Enclosed, Smoke Detector, Storm Door-Front, View - Mountains
  • Road Frontage: Paved Road, State Road, US Highway
  • Roof: Shingle
  • Street: Bikah
  • Surface Water: None
  • Tax Rate: .735
  • Flood Zone: NE
  • Out Buildings: Garage
  • Fencing: None
  • Topography: Rolling, Views
  • Exterior Features: Paved Driveway, Sunroom

Garage/Parking

  • Garage Spaces: Attached, Opener, Triple

Utilities

  • Cooling: Central Cooling, Heat Pump Electric
  • Heating: Baseboard Electric, Electric, Heat Pump(s)
  • Sewer: Existing Septic
  • Utilities Available: Cable, Electric
  • Water: Well
  • Water Heater: Electric

Schools

  • Elementary School: Central
  • High School: Rockbridge Co
  • Middle School: Maury River

Lot Info

  • Property Name: 42 Bikah Lane
  • Zoning: Commercial
  • Best Use: Commercial/Business, Investment, Residential
  • Current Use: Commercial/Business, Residential

Tax Info

  • Tax Map Number: 76A 1 1C2
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2016
Closed on
Mar 30, 2017
Sold by
Weigel Carolyn P and Stuples Sandra C
Bought by
Bowyer Kenneth T and Bowyer Vanessa M
Seller's Agent
Chy Clark
City & County Real Estate
Buyer's Agent
Eric Mason
Forest River Realty
List Price
$250,000
Sold Price
$220,000
Premium/Discount to List
-$30,000
-12%
Current Estimated Value
$466,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,441
Avg. Annual Appreciation
9.24%
Original Mortgage
$216,015
Outstanding Balance
$185,732
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$280,709
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
Bowyer Kenneth T $220,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowyer Kenneth T $216,015
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2017 04/28/17 Sold $220,000 -12.0% $48 / Sq Ft
02/14/2017 02/14/17 Pending -- -- --
07/18/2016 07/18/16 For Sale $250,000 -- $55 / 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
2025 $2,026 $332,200 $53,700 $278,500
2024 $2,026 $332,200 $53,700 $278,500
2023 $2,026 $332,200 $53,700 $278,500
2022 $2,195 $296,600 $42,800 $253,800
2021 $2,195 $296,600 $42,800 $253,800
2020 $2,195 $296,600 $42,800 $253,800
2019 $2,165 $296,600 $42,800 $253,800
2018 $2,076 $296,600 $42,800 $253,800
2017 $2,076 $296,600 $42,800 $253,800
2016 $2,227 $303,000 $42,800 $260,200
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: 130877

APN: 76A-1-1C2