NOT LISTED FOR SALE

48 Edgewood Dr Lexington, VA 24450

Estimated Value: $570,000 - $673,000

4 Beds
3.5 Baths
2,418 Sq Ft
$248/Sq Ft Est. Value

Last Sold December 19, 2016

Last sale price $329,000 $136 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $3,396/month

131 Days on Market

Highlights

  • 1.46 Acre Lot
  • Deck
  • Secluded Lot
  • Mountain View
  • Contemporary Architecture
  • Living Room with Fireplace

About This Home

As of December 2016

Wonderful Cedar Siding contemporary home on 1.46 park-like acres. Located in desirable Cedar Grove Subdivision within minutes of Historic Lexington. Very nice master suite, handsome stone fireplace and gorgeous hardwood floors on main level. Lots of glass and full length rear deck to enjoy the beautiful country and mountain views! A quality home with a perfect floor plan for entertaining & family!

Last Agent to Sell the Property

Wolletta Colonna

Colonna & Associates Listed on: 08/10/2016

Last Buyer's Agent

Rona Bruce

Prudential Commonwealth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,778

Year Built

  • Built in 1987

Lot Details

  • 1.46 Acre Lot
  • Partially Fenced Property
  • Wood Fence
  • Secluded Lot
  • Interior Lot
  • Open Lot
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Garden
  • Subdivision Possible

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Cedar Siding

Interior Spaces

  • 2,418 Sq Ft Home
  • 2-Story Property
  • Shelving
  • Ceiling Fan
  • Stone Fireplace
  • Thermal Pane Windows
  • Bay Window
  • Living Room with Fireplace
  • Storage
  • Mountain Views
  • Scuttle Attic Hole
  • Storm Doors

Kitchen

  • Breakfast Area or Nook
  • Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Attached Garage
  • Parking Storage or Cabinetry
  • Workshop in Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Fireplace

Location

  • Flood Zone Lot

Schools

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

Utilities

  • Central Air
  • Humidifier
  • Heat Pump System
  • Underground Utilities
  • Gas Available
  • Natural Gas Water Heater
  • Internet Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Cedar Grove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 75F 2 A

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,778

Year Built

Built in 1987

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: Take Rt. 251(Thornhill Rd.) out of Lexington, turn left onto Edgewood Drive.Property on right at Colonna sign.
  • HistoricProperty: No
  • Listing Member Name: Wolletta Colonna
  • Listing Office Short Id: 73
  • Open House Office I D: 20061211170240281162000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: rona
  • Subdivision Name: Cedar Grove
  • Subdivision Yn: Yes
  • TotalFinSFApx: 2418.00
  • Year Built: 1987
  • Taxes Dollars: 2778.00
  • TotalAcresApx: 1.46
  • 1StFloorMstrBdrm: Yes
  • Total Assessed Value: 377900.00
  • PorchDeckPatioDeck: Rear
  • PorchDeckPatioPorch: Front
  • Building Style: Contemporary
  • StyleTwoStory: YES
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Area Remarks: 5 Minutes to Lexington City
  • Has Basement: Full, Heated, Partially Finished
  • Basement Other Rooms: Space heater
  • Full Bathrooms: 3.00
  • Updated Floor: Carpet, Wood
  • Half Bathrooms: 1
  • Entry Location: Inside Lot
  • Appliances: As Is, Cook Top, Dishwasher, Dryer, Electric Range, Garage Door Opener, Humidifier, Microwave, Oven, Refrigerator, Washer
  • Has Attic: Scuttle
  • Lower Floor 1 Bedrooms: 4
  • Fireplace: Stone
  • Fireplace Location: Living Room
  • Interior Amenities: Book Shelves, Breakfast Area, Ceiling Fan, Indirect Lighting, Internet/Smart Wirng, Jetted Tub, Storage, Walk-in Closet
  • Lower Floor 1 Bedrooms: 7

Exterior Features

  • Exterior: Cedar
  • Exterior Features: Cable Available, Cannot Subdivide, Ceiling Fan(s), Deck-Rear, Fireplace, Patio-Front, Paved Driveway, Porch-Front, Porch-Open, Storm Door-Front, Thermopane Windows, Undrground Utilities, View - Mountains
  • Flood Zone: 100 - 500 Year
  • Road Frontage: Paved Road
  • Roof: Shingle
  • Street: Edgewood
  • Tax Rate: 73.5
  • Flood Zone: SW
  • Fencing: Partial, Wood
  • Topography: Open, Rolling, Secluded, Views, Woods
  • Exterior Features: Bay Window, Covered Porch, Deck, Garden Space, Paved Driveway, Porch, Sunset View
  • Guest House: No

Garage/Parking

  • Garage Spaces: Attached, Double, Opener, Storage, Workshop

Utilities

  • Cooling: Central Cooling, Heat Pump Electric
  • Heating: Electric, Heat Pump(s)
  • Sewer: Public Sewer
  • Utilities Available: Cable, Electric, Gas, Public Sewer, Public Water, Underground
  • Water: Public Water
  • Water Heater: Natural Gas

Schools

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

Lot Info

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

Tax Info

  • Tax Map Number: 75F 2 A
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2025
Sold by
Velasquez Andrea P
Bought by
Velasquez Andrea P and Watkins John Curtis
Current Estimated Value
$600,600

Purchase Details

Listed on
Aug 10, 2016
Closed on
Dec 6, 2016
Sold by
Giroux Lynnette
Bought by
Velasquez Andrea P
Seller's Agent
Wolletta Colonna
Colonna & Associates
Buyer's Agent
Rona Bruce
Prudential Commonwealth
List Price
$37,400
Sold Price
$329,000
Premium/Discount to List
$291,600
779.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.02%
Original Mortgage
$180,000
Interest Rate
2.7%
Mortgage Type
Unknown
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
Velasquez Andrea P -- None Listed On Document
Velasquez Andrea P $329,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Velasquez Andrea P $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2016 12/19/16 Sold $329,000 +779.7% $136 / Sq Ft
12/19/2016 12/19/16 Pending -- -- --
08/10/2016 08/10/16 For Sale $37,400 -- $15 / 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 $2,847 $466,800 $79,600 $387,200
2024 $2,847 $466,800 $79,600 $387,200
2023 $2,847 $466,800 $79,600 $387,200
2022 $2,871 $388,000 $74,600 $313,400
2021 $2,871 $388,000 $74,600 $313,400
2020 $2,871 $388,000 $74,600 $313,400
2019 $2,832 $388,000 $74,600 $313,400
2018 $2,716 $388,000 $74,600 $313,400
2017 $2,716 $388,000 $74,600 $313,400
2016 $2,778 $377,900 $74,600 $303,300
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 131029

APN: 75F-2-A