NOT LISTED FOR SALE

47 Vanderveer Ln Lexington, VA 24450

Estimated Value: $196,000 - $292,000

8 Beds
3 Baths
3,042 Sq Ft
$79/Sq Ft Est. Value

Last Sold October 12, 2023

Last sale price $214,000 $70 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,319/month

9 Days on Market

Highlights

  • 2.47 Acre Lot
  • Main Floor Primary Bedroom
  • Central Air
  • Wood Flooring
  • No HOA

About This Home

As of October 2023

Three single family homes offered as one highly attractive real estate investment opportunity includes a total rent roll of $2,400/month! Three contiguous tax parcels totaling almost 2.5 acres located just over 2 miles from historic downtown Lexington, Virginia. All three properties are leased to long-term tenants. Great views and end-of-the-road setting. Properties to be sold AS IS.

Last Agent to Sell the Property

Will Moore

James Wm. Moore Real Estate Co. Listed on: 08/22/2023

Last Buyer's Agent

Melissa Hennis

Howard Hanna R E Services

Howard Hanna R E Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,764

Year Built

  • Built in 1955

Lot Details

  • 2.47 Acre Lot
  • Property fronts a private road

Home Design

  • 3,042 Sq Ft Home
  • Shingle Roof
  • Metal Roof
  • Vinyl Siding
  • Stick Built Home

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Location

  • Flood Zone Lot

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Shared Well
  • Septic System

Additional Features

  • Unfinished Basement

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 60A-A-13, 6, and 14

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,764

Year Built

Built in 1955

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Heating Cooling Other: Varies per house
  • Directions: From Lexington, U.S. Rt. 60 West for 2.5 miles to right on Vanderveer Ln. Last three houses on Lane.
  • HistoricProperty: No
  • Listing Member Name: Will Moore
  • Listing Office Short Id: 78
  • Open House Office I D: 20061211170240946497000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: melissa
  • Selling Office Short Id: HHRES
  • Subdivision Yn: No
  • TotalFinSFApx: 3042.00
  • Year Built: 1955
  • Taxes Dollars: 1763.51
  • TotalAcresApx: 2.47
  • 1StFloorMstrBdrm: Yes
  • Building Style: Detached Units
  • Type of Construction: Stick Built
  • YardSign: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Unfinished
  • Full Bathrooms: 3.00
  • Updated Floor: Carpet, Vinyl, Wood
  • Floor Other: Varies per house
  • Heat Other: Varies per house
  • Water Heater Other: Each house has own.
  • Lower Floor 1 Bedrooms: 8
  • Fireplace: None
  • Lower Floor 1 Bedrooms: 12

Exterior Features

  • Exterior: Vinyl
  • Road Frontage: Paved Road, Private Road
  • Roof: Metal, Shingle
  • Street: Vanderveer
  • Tax Rate: $0.61/100
  • Flood Zone: SW

Garage/Parking

  • GarageOther: #47 has carport

Utilities

  • Cooling: Central Cooling, Heat Pump Electric
  • Heating: Heat Pump(s), Liquid Propane, Oil
  • Sewer: Existing Septic
  • Water Sewer Other: Each has own septic
  • Utilities Available: Electric
  • Water: Shared Well

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: Residential
  • Best Use: Investment, Residential
  • Current Use: Investment, Residential

Tax Info

  • Tax Map Number: 60A-A-13, 6, and 14
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2023
Closed on
Sep 19, 2023
Sold by
Jrs Timber Llc
Bought by
Wayside Realty Llc
Seller's Agent
Will Moore
James Wm. Moore Real Estate Co.
Buyer's Agent
Melissa Hennis
Howard Hanna R E Services
List Price
$219,000
Sold Price
$214,000
Premium/Discount to List
-$5,000
-2.28%
Views
34
Current Estimated Value
$239,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,834
Avg. Annual Appreciation
5.93%
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
Wayside Realty Llc $214,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2023 10/12/23 Sold $214,000 -2.3% $70 / Sq Ft
08/31/2023 08/31/23 Pending -- -- --
08/22/2023 08/22/23 For Sale $219,000 -- $72 / 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
2025 $565 $92,700 $20,000 $72,700
2024 $565 $92,700 $20,000 $72,700
2023 $565 $92,700 $20,000 $72,700
2022 $571 $77,100 $18,000 $59,100
2021 $571 $77,100 $18,000 $59,100
2020 $571 $77,100 $18,000 $59,100
2019 $563 $77,100 $18,000 $59,100
2018 $540 $77,100 $18,000 $59,100
2017 $540 $77,100 $18,000 $59,100
2016 $576 $78,400 $20,500 $57,900
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Will Moore

    Seller's Agent in 2023

    Will Moore

    James Wm. Moore Real Estate Co.

    (540) 460-4602

    119 in this area

    335 Total Sales

    Will Moore
    Section Image
  • Melissa Hennis

    Buyer's Agent in 2023

    Melissa Hennis

    Howard Hanna R E Services

    (540) 784-0329

    45 in this area

    82 Total Sales

    Melissa Hennis
    Section Image
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Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 137950

APN: 60A-A-13

Virginia Rockbridge County Lexington 24450

47 Vanderveer Ln, Lexington, VA

This home is located at 47 Vanderveer Ln, Lexington, VA 24450 since 22 August 2023 and is currently estimated at $239,834, approximately $78 per square foot. This property was built in 1955. 47 Vanderveer Ln is a home located in Rockbridge County with nearby schools including Rockbridge County High School and Earthsong Community School.

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