NOT LISTED FOR SALE

437 Oak Tree Ln Lexington, VA 24450

Lexington Area

Estimated Value: $400,000 - $519,770

3 Beds
1 Bath
1,008 Sq Ft
$474/Sq Ft Est. Value

Sale Details

Date Sold: August 17, 2017

Last sale price $168,500 $167 Per Sq Ft

Est. 184% increase in value since last sale

Current estimated payment $2,831 / mo

138 Days on Market

Highlights

  • 10.21 Acre Lot
  • Main Floor Primary Bedroom
  • Central Air
  • Wooded Lot
  • No HOA
  • Steep Slope

About This Home

As of August 2017

Don't miss out on this rare find! Updated ranch on more than 10 acres just outside of town. Home has been smartly remodeled inside and out, and full unfinished basement leaves potential for work room or additional living space. Secluded hilltop home provides privacy, while location gives you convenience to town. Includes 3B/1BA with an improved open floor plan.

Last Agent to Sell the Property

Lee McLaughlin

J.F. Brown Real Estate Services Listed on: 04/01/2017

Last Buyer's Agent

Kara Braddick

Real Broker LLC

Real Broker LLC

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,037

Year Built

  • Built in 1980

Lot Details

  • 10.21 Acre Lot
  • Steep Slope
  • Wooded Lot

Parking

  • No Garage

Home Design

  • Shingle Roof
  • Log Siding

Interior Spaces

  • 1,008 Sq Ft Home
  • Laminate Flooring
  • Scuttle Attic Hole

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Unfinished Basement

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

Location

  • Flood Zone Lot

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 74-A-98A, 74-A-98A1

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,037

Year Built

Built in 1980

Lot Details

10.21 Acres

Listing Details

  • ConservationEsmnt: No
  • Directions: From Lexington, take Rt. 251 to left on Oak Tree Lane. At the end of the lane, keep right up the gravel driveway until the end.
  • HistoricProperty: No
  • Listing Member Name: Lee McLaughlin
  • Listing Office Short Id: 121
  • Open House Office I D: 20061211170240860305000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: karaf
  • Subdivision Yn: No
  • TotalFinSFApx: 1008.00
  • Year Built: 1980
  • Taxes Dollars: 1036.60
  • TotalAcresApx: 10.21
  • 1StFloorMstrBdrm: Yes
  • StyleRanch: Full Basement
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Full, Interior Access, Unfinished, Walkout
  • Full Bathrooms: 1.00
  • Flood Zone Other: Not in flood zone
  • Updated Floor: Laminate
  • Has Attic: Scuttle
  • Lower Floor 1 Bedrooms: 3
  • Fireplace: None
  • Lower Floor 1 Bedrooms: 6

Exterior Features

  • Easements: Power, Right of Way
  • Exterior: Log
  • Roof: Shingle
  • Street: Oak Tree
  • Tax Rate: .73
  • Flood Zone: SW
  • Topography: Rolling, Steep, Woods

Garage/Parking

  • Garage Spaces: None

Utilities

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

Schools

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

Lot Info

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

Tax Info

  • Tax Map Number: 74-A-98A, 74-A-98A1
  • Tax Year: 2016

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2017
Closed on
Aug 8, 2017
Sold by
Bought by
Seller's Agent
Lee McLaughlin
J.F. Brown Real Estate Services
Buyer's Agent
Kara Braddick
Real Broker LLC
List Price
$165,000
Sold Price
$168,500
Premium/Discount to List
$3,500
2.12%
Current Estimated Value
$478,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,693
Avg. Annual Appreciation
12.24%
Original Mortgage
$151,650
Outstanding Balance
$123,466
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$354,727

Purchase Details

Listed on
Sep 18, 2012
Closed on
Dec 4, 2012
Sold by
Bought by
Seller's Agent
DENNIS HAWES
Home Realty Buena Vista
Buyer's Agent
Alan Tilson
Tilson Real Estate
List Price
$104,900
Sold Price
$79,900
Premium/Discount to List
-$25,000
-23.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.37%
Original Mortgage
$125,000
Interest Rate
3.35%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 9, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
3.35%
Mortgage Type
Credit Line Revolving
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Lexington, VA

  • Lori Parker Real Estate Agent - James Wm. Moore Real Estate Co.

    Lori Parker

    James Wm. Moore Real Estate Co.

    (540) 264-3239

    34 Total Sales

    8 in Lexington

    $104K - $679K Price Range

    Lori Parker
     Section Image
  • Brandon Black Real Estate Agent - Real Broker, LLC

    Brandon Black

    Real Broker, LLC

    (434) 300-3675

    65 Total Sales

    3 in Lexington

    $255K - $300K Price Range

    Brandon Black
     Section Image
  • Glen Michael Real Estate Agent - GEM Realty Group, LLC

    Glen Michael

    GEM Realty Group, LLC

    (540) 701-3953

    12 Total Sales

    1 in Lexington

    $169,400 Price

    Glen Michael
     Section Image
  • Eric Fletcher Real Estate Agent - PROPERTY MANAGEMENT OF VIRGINIA LC

    Eric Fletcher

    PROPERTY MANAGEMENT OF VIRGINIA LC

    (540) 779-1519

    93 Total Sales

    1 in Lexington

    $347,990 Price

    Eric Fletcher
     Section Image
  • Mary Beth Harris Real Estate Agent - JAMES RIVER REALTY LLC

    Mary Beth Harris

    JAMES RIVER REALTY LLC

    (540) 600-4286

    163 Total Sales

    40 in Lexington

    $65K - $600K Price Range

    Mary Beth Harris
     Section Image
  • David Stull Real Estate Agent - STERLING PROPERTIES & MANAGEMENT LLC

    David Stull

    STERLING PROPERTIES & MANAGEMENT LLC

    (540) 600-4933

    55 Total Sales

    21 in Lexington

    $65K - $985K Price Range

    David Stull
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$168,500 None Available
-- None Available
$79,900 None Available
$87,741 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $151,650
Previous Owner $130,000
Previous Owner $125,000
Previous Owner $147,525
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/17/2017 08/17/17 Sold $168,500 +2.1% $167 / Sq Ft
08/17/2017 08/17/17 Pending -- -- --
04/01/2017 04/01/17 For Sale $165,000 +106.5% $164 / Sq Ft
12/21/2012 12/21/12 Sold $79,900 -23.8% $79 / Sq Ft View Prior Sale
12/17/2012 12/17/12 Pending -- -- --
09/18/2012 09/18/12 For Sale $104,900 -- $104 / Sq Ft
Source: Rockbridge Highlands REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,495 $389,800 $81,000 $308,800
2024 $24 $389,800 $81,000 $308,800
2023 $2,378 $389,800 $81,000 $308,800
2022 $1,349 $182,300 $71,000 $111,300
2021 $1,349 $182,300 $71,000 $111,300
2020 $1,349 $182,300 $71,000 $111,300
2019 $1,331 $182,300 $71,000 $111,300
2018 $1,066 $152,300 $71,000 $81,300
2017 $994 $152,300 $71,000 $81,300
2016 $985 $134,000 $67,000 $67,000
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • LM

    Seller's Agent in 2017

    Lee McLaughlin

    J.F. Brown Real Estate Services

  • Kara Braddick Real Estate Agent - Real Broker LLC

    Buyer's Agent in 2017

    Kara Braddick

    Real Broker LLC

    (540) 460-0484

    121 Total Sales

    Kara Braddick
    Section Image

  • L

    Buyer's Agent in 2017

    lbr.rets.karaf

    lbr.rets.RETS_OFFICE

  • DENNIS HAWES Real Estate Agent - Home Realty Buena Vista

    Seller's Agent in 2012

    DENNIS HAWES

    Home Realty Buena Vista

    (540) 461-5263

    114 Total Sales

    DENNIS HAWES
    Section Image

  • AT

    Buyer's Agent in 2012

    Alan Tilson

    Tilson Real Estate

See All Agents

Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 131733

APN: 74-A-98A

Virginia Rockbridge County Lexington 24450

437 Oak Tree Ln, Lexington, VA

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.

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