$290,000
SOLD AUG 21, 2024
4 Beds
2 Baths
1,701 Sq Ft
3.53 Acres

Recently Sold

$170 Per Sq Ft

9% Below List Price

72 Days on Market

About This Home

As of August 2024

Sitting on the corner where Hops Hill meets Rt 11, this cute bungalow once boasted one of the prettiest yards and best garden spots anywhere around. The house and the yard now both need some attention to be brought back to their former glory-( House has hardwood floors and a nice layout but needs a roof , kitchen and bathroom upgrades,, paint and patching. Yard needs hedges tamed and trimmed) but this would be a worthwhile project for a buyer looking for a bit of land and a great location with the added benefit of commercial potential. The property has long road frontage, a thriving greenhouse and a nicely constructed retail building with numerous applications and plenty of room for expansion. Perfect for gardeners who want a business opportunity and nice place to live close to to town.

Last Agent to Sell the Property

Janie Harris

James River Realty - Lexington Listed on: 02/20/2024

Last Buyer's Agent

Mary Beth Harris

James River Realty - Lexington

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,451

Year Built

1952

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: From Lexington, Rt 11 South for approximately 4.5 miles toward Fancy Hill. Property is on the left at the intersection of Rt 11 and Hops Hill and extends along the ridge line just past the mulch and decorative gravel area.
  • HistoricProperty: No
  • Listing Member Name: Jane Harris
  • Listing Office Short Id: jrrlex
  • Open House Office I D: 20080325192429605012000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: MBH
  • Selling Office Short Id: jrrlex
  • Subdivision Yn: No
  • TotalFinSFApx: 1701.00
  • Year Built: 1952
  • Taxes Dollars: 1600.00
  • TotalAcresApx: 3.53
  • 1StFloorMstrBdrm: No
  • Building Style: Cottage
  • StyleRanch: YES
  • Type of Construction: Stick Built
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Crawl Space
  • Full Bathrooms: 2.00
  • Flood Zone Other: YES
  • Updated Floor: Tile, Vinyl, Wood
  • Heat Other: furnace 3+- years
  • Appliances: As Is, Electric Range, Refrigerator
  • Has Attic: Scuttle
  • Lower Floor 1 Bedrooms: 4
  • Fireplace: 1
  • Fireplace Location: Living Room
  • Lower Floor 1 Bedrooms: 7

Exterior Features

  • Easements: Unknown
  • Exterior: Block, Wood
  • Exterior Features: Chickens Permitted, Workshop
  • Road Frontage: State Road, US Highway
  • Roof: Shingle
  • Street: Hops Hill
  • Surface Water: None
  • Tax Rate: .74
  • Flood Zone: SW
  • Topography: Open, Rolling
  • Exterior Features: Garden Space
  • Guest House: No

Garage/Parking

  • Garage Spaces: Detached, Double

Utilities

  • Cooling: No Cooling System, Window Unit(s)
  • Heating: Forced Air
  • Sewer: Existing Septic
  • Utilities Available: Electric
  • Water: Well
  • 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
  • Zoning: Agricultural
  • Best Use: Commercial/Business, Investment, Residential, Vacation Rental
  • Current Use: Residential

Tax Info

  • Tax Map Number: 97 4 3B
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2024
Closed on
Aug 13, 2024
Sold by
Frazier David A and Frazier Nancy T
Bought by
Kleinchester Cynthia A
Seller's Agent
Janie Harris
James River Realty - Lexington
Buyer's Agent
Mary Beth Harris
James River Realty - Lexington
List Price
$319,000
Sold Price
$290,000
Premium/Discount to List
-$29,000
-9.09%
Views
228
Current Estimated Value
$325,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,208
Avg. Annual Appreciation
4.07%
Original Mortgage
$232,000
Outstanding Balance
$230,414
Interest Rate
6.89%
Mortgage Type
Credit Line Revolving
Estimated Equity
$69,831
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $290,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $232,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2024 08/21/24 Sold $290,000 -9.1% $170 / Sq Ft
05/02/2024 05/02/24 Pending -- -- --
02/20/2024 02/20/24 For Sale $319,000 -- $188 / 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 $1,451 $237,900 $92,700 $145,200
2023 $1,451 $237,900 $92,700 $145,200
2022 $1,542 $208,400 $77,700 $130,700
2021 $1,542 $208,400 $77,700 $130,700
2020 $1,542 $208,400 $77,700 $130,700
2019 $1,521 $208,400 $77,700 $130,700
2018 $1,459 $208,400 $77,700 $130,700
2017 $1,459 $208,400 $77,700 $130,700
2016 $1,232 $167,600 $52,700 $114,900
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: 138277

APN: 97-4-3B