NOT LISTED FOR SALE

421 Reid Rd Lexington, VA 24450

Estimated Value: $325,621 - $342,000

3 Beds
3 Baths
2,084 Sq Ft
$162/Sq Ft Est. Value

Last Sold September 19, 2012

Last sale price $167,000 $80 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $1,969/month

496 Days on Market

About This Home

As of September 2012

Blue Ridge Views from your perch on a wooded knoll. Spacious, split foyer, 1997 home with plenty of bedrooms and baths, 2-car garage, herb garden, landscaping. Privacy. Easy maintenance. Less than 5 miles from Lexington. Rural living with convenience to town. Two master suites. The house has vaulted great room -- and lots of light.

Last Agent to Sell the Property

Paula Martin

Lexington Real Estate Connection Listed on: 05/05/2011

Last Buyer's Agent

Lana Nicely

Flint Realty LLC

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,642

Year Built

1997

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: From Lexington, take 11 North to Maury River Road. Turn left. In approx. 4 miles turn right onto Reid Road for .08 miles.
  • HistoricProperty: No
  • Listing Member Name: Paula J. Martin
  • Listing Office Short Id: 80
  • Open House Office I D: 20061211170241366991000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: nicelyl
  • Selling Office Short Id: 86
  • Subdivision Yn: No
  • TotalFinSFApx: 2084.00
  • Year Built: 1997
  • Taxes Dollars: 1312.00
  • TotalAcresApx: 3.84
  • 1StFloorMstrBdrm: No
  • PorchDeckPatioDeck: Rear
  • StyleSplitFoyer: YES
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Finished, Full, Heated, Walkout
  • Full Bathrooms: 3.00
  • Updated Floor: Carpet, Laminate
  • Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer
  • Has Attic: Drop Stair, Floored, Unfinished
  • Lower Floor 1 Bedrooms: 3
  • Fireplace: Wood Stove
  • Interior Amenities: Ceiling Fan
  • Lower Floor 1 Bedrooms: 7

Exterior Features

  • Exterior: Brick, Vinyl
  • Exterior Features: Ceiling Fan(s), Thermopane Windows, View - Mountains
  • Flood Zone: Minimal
  • Roof: Shingle
  • Street: Reid
  • Tax Rate: .59
  • Flood Zone: NW
  • Topography: Secluded, Views, Woods
  • Exterior Features: Deck, Sunrise View

Garage/Parking

  • Garage Spaces: Double

Utilities

  • Cooling: Central Cooling
  • Heating: Heat Pump(s)
  • Sewer: Existing Septic
  • Water: Well
  • Water Heater: Electric

Schools

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

Lot Info

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

Tax Info

  • Tax Map Number: 49 8 3
  • Tax Year: 2008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2011
Closed on
Aug 17, 2012
Sold by
Kishel James
Bought by
Tomlinson Stephen T and Tomlinson Bernice M
Seller's Agent
Paula Martin
Lexington Real Estate Connection
Buyer's Agent
Lana Nicely
Flint Realty LLC
List Price
$279,000
Sold Price
$167,000
Premium/Discount to List
-$112,000
-40.14%
Current Estimated Value
$336,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,905
Avg. Annual Appreciation
5.35%
Original Mortgage
$150,300
Outstanding Balance
$101,201
Interest Rate
2.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$226,954
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
Tomlinson Stephen T $167,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tomlinson Stephen T $150,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2012 09/19/12 Sold $167,000 -40.1% $80 / Sq Ft
09/12/2012 09/12/12 Pending -- -- --
05/05/2011 05/05/11 For Sale $279,000 -- $134 / 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 $1,642 $269,100 $71,300 $197,800
2023 $1,642 $269,100 $71,300 $197,800
2022 $1,665 $225,000 $61,300 $163,700
2021 $1,665 $225,000 $61,300 $163,700
2020 $0 $225,000 $61,300 $163,700
2019 $1,643 $225,000 $61,300 $163,700
2018 $1,575 $225,000 $61,300 $163,700
2017 $1,575 $225,000 $61,300 $163,700
2016 $1,611 $219,200 $66,300 $152,900
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: 125238

APN: 49-8-3