NOT LISTED FOR SALE

427 W Nelson St Lexington, VA 24450

Estimated Value: $299,000 - $376,000

6 Beds
2 Baths
2,240 Sq Ft
$146/Sq Ft Est. Value

Last Sold August 03, 2018

Last sale price $160,000 $71 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $1,939/month

About This Home

As of August 2018

Large house on almost an acre lot minutes from downtown proper, W&L and VMI. Tenant occupied until 7/31/18

Last Agent to Sell the Property

Heather Hamilton

H and K Properties Inc Listed on: 03/30/2018

Last Buyer's Agent

Heather Hamilton

Lexington Company

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,815

Year Built

1953

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Heating Cooling Other: As is
  • Directions: from Main Street turn left on Nelson, house on left after Lenfest and before Borden Road.
  • HistoricProperty: No
  • Listing Member Name: Heather Hamilton
  • Listing Office Short Id: HKP
  • Open House Office I D: 20130628145106920239000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: hhamilton
  • Selling Office Short Id: HKP
  • Subdivision Yn: No
  • TotalFinSFApx: 2240.00
  • Year Built: 1953
  • Taxes Dollars: 2058.00
  • TotalAcresApx: 0.98
  • 1StFloorMstrBdrm: No
  • Total Assessed Value: 185400.00
  • StyleTwoStory: YES
  • Type of Construction: Stick Built
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Partial, Unfinished
  • Basement Other Rooms: exterior access
  • Full Bathrooms: 2.00
  • Flood Zone Other: YES
  • Updated Floor: Laminate, Vinyl, Wood
  • Entry Location: Other
  • Appliances: As Is, Dishwasher, Electric Range, Refrigerator, Washer
  • Has Attic: Scuttle
  • Lower Floor 1 Bedrooms: 6
  • Fireplace: None
  • Lower Floor 1 Bedrooms: 8

Exterior Features

  • Exterior: Wood
  • Road Frontage: City Street
  • Roof: Metal
  • Street: Nelson
  • Tax Rate: 1.11/100
  • Flood Zone: SW

Garage/Parking

  • Garage Spaces: None

Utilities

  • Cooling: No Cooling System, Window Unit(s)
  • Heating: Gas
  • Sewer: Public Sewer
  • Utilities Available: Cable, Electric, Gas, Public Sewer, Public Water
  • 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

  • Future Land Use: No
  • Zoning: Residential
  • Best Use: Investment, Residential
  • Current Use: Investment, Residential

Tax Info

  • Tax Map Number: 15 1 29
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2018
Sold by
Maxmark Homes Llc
Bought by
Buildtek Solutions Llc
Current Estimated Value
$326,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 30, 2018
Closed on
Jul 31, 2018
Sold by
West Nelson St Llc
Bought by
Maxmark Homes Llc
Seller's Agent
Heather Hamilton
H and K Properties Inc
Buyer's Agent
Heather Hamilton
Lexington Company
List Price
$175,000
Sold Price
$160,000
Premium/Discount to List
-$15,000
-8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.99%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Buildtek Solutions Llc -- None Available
Maxmark Homes Llc $160,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buildtek Solutionls Llc $124,000
Open Buildtek Solutions Llc $1,325,000
Closed Buildtek Solutions Llc $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2018 08/03/18 Sold $160,000 -8.6% $71 / Sq Ft
03/30/2018 03/30/18 Pending -- -- --
03/30/2018 03/30/18 For Sale $175,000 -- $78 / 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 $1,815 $197,342 $55,000 $142,342
2023 $1,815 $197,342 $55,000 $142,342
2022 $1,815 $197,342 $55,000 $142,342
2021 $2,017 $190,326 $52,500 $137,826
2020 $2,017 $190,326 $52,500 $137,826
2019 $1,970 $190,326 $52,500 $137,826
2018 $1,970 $190,300 $52,500 $137,800
2017 $2,058 $185,400 $52,500 $132,900
2016 $2,021 $185,400 $52,500 $132,900
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2018

    Heather Hamilton

    H and K Properties Inc

    (540) 464-3922

    20 in this area

    31 Total Sales

    Section Image
See All Agents

Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 132811

APN: 15-1-29

Virginia Lexington City County Lexington 24450

427 W Nelson St, Lexington, VA

This home is located at 427 W Nelson St, Lexington, VA 24450 since 30 March 2018 and is currently estimated at $326,584, approximately $145 per square foot. This property was built in 1953. 427 W Nelson St is a home located in Lexington City with nearby schools including Harrington Waddell Elementary School, Lylburn Downing Middle School, and Earthsong Community School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes