NOT LISTED FOR SALE

432 Morningside Dr Lexington, VA 24450

Estimated Value: $390,000 - $438,000

4 Beds
2 Baths
2,376 Sq Ft
$174/Sq Ft Est. Value

Last Sold June 27, 2024

Last sale price $439,000 $185 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,459/month

11 Days on Market

About This Home

As of June 2024

SHOWINGS BEGIN APRIL 5th. Don't miss this rare opportunity to purchase this well constructed home in a quaint neighborhood within close proximity to downtown Lexington, restaurants, the grocery store and shopping. This home features a flexible layout with a second kitchen on the second story which can be accessed either by interior or exterior stairs. Property is featured in an article about the top ten Airbnb's in Lexington. Live upstairs or down and rent either area with great income potential. Start your day on one of 2 second story balconies. 2 Covered porch areas and large rear lawn with enchanting fire pit provide ample space to enjoy the outdoors. Off street parking for 3 cars. Basement area has partial concrete flooring for ample storage.

Last Agent to Sell the Property

Karen Little

Lexington Real Estate Connection Listed on: 03/29/2024

Last Buyer's Agent

Rona Bruce

James Wm. Moore Real Estate Co.

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,689

Year Built

1926

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: Morningside Drive
  • HistoricProperty: No
  • InternetServicesAvailable: Cable, Fiber Optic
  • Listing Member Name: Karen Little
  • Listing Office Short Id: 80
  • Open House Office I D: 20061211170241366991000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: rona
  • Selling Office Short Id: 78
  • Subdivision Yn: No
  • TotalFinSFApx: 2376.00
  • Year Built: 1926
  • Taxes Dollars: 2689.00
  • TotalAcresApx: 0.34
  • 1StFloorMstrBdrm: Yes
  • Total Assessed Value: 292300.00
  • PorchDeckPatioPorch: Front
  • Building Style: 1 1/2 Story
  • Type of Construction: Stick Built
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Area Remarks: Quaint Neighborhood
  • Has Basement: Partial, Walkout
  • Full Bathrooms: 2.00
  • Updated Floor: Wood
  • Floor Other: LVT
  • Entry Location: Corner Lot
  • Utilities Available Other: Internet
  • Appliances: As Is, Dryer, Gas Range, Refrigerator, Washer
  • Appliances Other: All appliances
  • Has Attic: Scuttle
  • Lower Floor 1 Bedrooms: 4
  • Fireplace: 1
  • Fireplace Location: Living Room
  • InteriorFeaturesOther: Guest Quarters
  • Lower Floor 1 Bedrooms: 9

Exterior Features

  • Easements: Unknown
  • Exterior: Block
  • Exterior Features: Apartment, Fireplace, Guest Quarters, Porch-Front, Porch-Rear
  • Road Frontage: City Street
  • Roof: Shingle
  • Street: Morningside
  • Surface Water: None
  • Tax Rate: 0.92
  • Flood Zone: SE
  • Topography: Open, Views
  • Exterior Features: Covered Porch, Guest Quarters
  • Exterior Features Other: Front & Rear Balcony
  • Guest House: No

Garage/Parking

  • Garage Spaces: None

Utilities

  • Cooling: Central Cooling
  • Heating: Forced Air, Gas, Zoned Heat
  • Sewer: Public Sewer
  • Utilities Available: Cable, Electric, Gas, Public Sewer, Public Water
  • Water: Public Water
  • Water Heater: Electric

Schools

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

Lot Info

  • Future Land Use: No
  • Lot Dimensions: 75' X 200'
  • Property Name: Willis
  • Zoning: Residential
  • Best Use: Bed & Breakfast, Investment, Residential, Vacation Rental
  • Current Use: Residential

Tax Info

  • Tax Map Number: 25-4-20
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2024
Closed on
Jun 27, 2024
Sold by
Willis Andrew James and Brandimarte Summer Lauren
Bought by
Clarke Melissa Jane
Seller's Agent
Karen Little
Lexington Real Estate Connection
Buyer's Agent
Rona Bruce
James Wm. Moore Real Estate Co.
List Price
$429,000
Sold Price
$439,000
Premium/Discount to List
$10,000
2.33%
Views
71
Current Estimated Value
$413,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,716
Avg. Annual Appreciation
-4.95%
Original Mortgage
$350,000
Outstanding Balance
$346,152
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$67,132

Purchase Details

Closed on
Jul 14, 2021
Sold by
Doyle John P and Doyle Mary E
Bought by
Willis Andrew James and Brandimarte Summer Lauren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
2.96%
Mortgage Type
Purchase Money Mortgage
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
Clarke Melissa Jane $439,000 None Listed On Document
Willis Andrew James $303,750 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clarke Melissa Jane $350,000
Previous Owner Willis Andrew James $300,000
Previous Owner Doyle Mary E $80,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2024 06/27/24 Sold $439,000 +2.3% $185 / Sq Ft
04/09/2024 04/09/24 Pending -- -- --
03/29/2024 03/29/24 For Sale $429,000 -- $181 / 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 $2,689 $292,341 $60,000 $232,341
2023 $2,689 $292,341 $60,000 $232,341
2022 $2,689 $292,341 $60,000 $232,341
2021 $1,904 $179,582 $55,000 $124,582
2020 $1,904 $179,582 $55,000 $124,582
2019 $1,859 $179,582 $55,000 $124,582
2018 $1,859 $179,600 $55,000 $124,600
2017 $1,459 $131,400 $37,500 $93,900
2016 $1,432 $131,400 $37,500 $93,900
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2024

    Karen Little

    Lexington Real Estate Connection

  • Rona Bruce

    Buyer's Agent in 2024

    Rona Bruce

    James Wm. Moore Real Estate Co.

    (540) 460-3826

    68 in this area

    123 Total Sales

    Rona Bruce
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Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 138339

APN: 25 4 20

Virginia Lexington City County Lexington 24450

432 Morningside Dr, Lexington, VA

This home is located at 432 Morningside Dr, Lexington, VA 24450 since 29 March 2024 and is currently estimated at $413,284, approximately $173 per square foot. This property was built in 1926. 432 Morningside Dr 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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