NOT LISTED FOR SALE

5 W Preston St Lexington, VA 24450

Estimated Value: $320,000 - $501,000

4 Beds
2 Baths
1,312 Sq Ft
$313/Sq Ft Est. Value

Last Sold August 26, 2022

Last sale price $368,000 $280 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,261/month

1 Day on Market

Highlights

  • Wood Flooring
  • Main Floor Primary Bedroom
  • Covered Patio or Porch
  • Harrington Waddell Elementary School Rated A
  • No HOA
  • 3-minute walk to Hopkins Green

About This Home

As of August 2022

This charming brick home is located in the heart of Lexington business district, walking distance to restaurants, the universities and everything the city has to offer! This recently renovated homes offers a new kitchen, 2 baths, cozy living room and four bedrooms. Off Street parking, a garden shed and nicely landscaped city lot. The home is being sold furnished. A must see!

Last Agent to Sell the Property

Cheryl Shaw

J.F. Brown Real Estate Services Listed on: 07/13/2022

Last Buyer's Agent

Heather Hamilton

Lexington Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,886

Year Built

  • Built in 1931

Lot Details

  • 1,742

Parking

  • No Garage

Home Design

  • Brick Exterior Construction
  • Metal Roof

Interior Spaces

  • 1,312 Sq Ft Home
  • 2-Story Property
  • Thermal Pane Windows
  • Wood Flooring
  • Pull Down Stairs to Attic

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Storage Shed

Schools

  • Waddell Elementary School
  • Lylburn Downing Middle School
  • Rockbridge Co High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Available
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • 1,742 Sq Ft Lot
  • Flood Zone Lot

Community Details

  • No Home Owners Association
  • Preston Community

Listing and Financial Details

  • Assessor Parcel Number 23 1 112

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,886

Year Built

Built in 1931

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Heating Cooling Other: recently installed
  • Directions: South on Jefferson, left on Preston, home is on the left.
  • HistoricProperty: No
  • InternetServicesAvailable: Cable
  • Listing Member Name: Cheryl M. Shaw
  • Listing Office Short Id: 121
  • Open House Office I D: 20061211170240860305000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: hhamilton
  • Subdivision Yn: No
  • TotalFinSFApx: 1312.00
  • Year Built: 1931
  • Taxes Dollars: 1886.00
  • TotalAcresApx: 0.04
  • 1StFloorMstrBdrm: Yes
  • PorchDeckPatioPorch: Front
  • StyleTwoStory: YES
  • Type of Construction: Brick
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Area Remarks: City location
  • Has Basement: None
  • Full Bathrooms: 2.00
  • Dining Room Features Other: 1/2 block off Main S
  • Flood Zone Other: Not in flood zone
  • Updated Floor: Wood
  • Floor Other: Luxury vinyl
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Appliances Other: washer/dryer unit
  • Has Attic: Drop Stair
  • Lower Floor 1 Bedrooms: 4
  • Fireplace: None
  • Lower Floor 1 Bedrooms: 6

Exterior Features

  • Exterior: Brick
  • Exterior Features: Cable Available, Porch-Front, Thermopane Windows
  • Road Frontage: City Street
  • Roof: Metal
  • Street: Preston
  • Tax Rate: 1.06
  • Flood Zone: SW
  • Exterior Features: Covered Porch, Storage Shed
  • Exterior Features Other: off street parking

Garage/Parking

  • Garage Spaces: None

Utilities

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

Schools

  • Elementary School: Waddell
  • High School: Rockbridge Co
  • Middle School: Lylburn Downing

Lot Info

  • Property Name: Preston
  • Zoning: Residential
  • Best Use: Investment, Residential
  • Current Use: Investment, Residential

Tax Info

  • Tax Map Number: 23 1 112
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2018
Closed on
Nov 13, 2018
Sold by
Rocking Horse Racing Llc
Bought by
Finan Devin T and Finan Jennifer I
Seller's Agent
Rick Alford
Lexington Real Estate Connection
Buyer's Agent
Cheryl Shaw
Lexington Real Estate Connection
List Price
$229,000
Sold Price
$187,500
Premium/Discount to List
-$41,500
-18.12%
Current Estimated Value
$410,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,676
Avg. Annual Appreciation
11.60%

Purchase Details

Closed on
Dec 28, 2015
Sold by
Wilson Paul C
Bought by
Rocking Horse Racing Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Finan Devin T $187,500 None Available
Rocking Horse Racing Llc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/26/2022 08/26/22 Sold $368,000 -1.8% $280 / Sq Ft
07/14/2022 07/14/22 Pending -- -- --
07/13/2022 07/13/22 For Sale $374,900 +99.9% $286 / Sq Ft
12/07/2018 12/07/18 Sold $187,500 -18.1% $143 / Sq Ft View Prior Sale
11/13/2018 11/13/18 Pending -- -- --
06/15/2018 06/15/18 For Sale $229,000 -- $175 / 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 $1,645 $178,800 $60,000 $118,800
2024 $16 $178,773 $60,000 $118,773
2023 $1,645 $178,773 $60,000 $118,773
2022 $1,645 $178,773 $60,000 $118,773
2021 $1,592 $150,230 $55,000 $95,230
2020 $1,592 $150,230 $55,000 $95,230
2019 $1,555 $150,230 $55,000 $95,230
2018 $1,555 $150,200 $55,000 $95,200
2017 $1,636 $147,400 $55,000 $92,400
2016 $1,607 $147,400 $55,000 $92,400
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Cheryl Shaw

    J.F. Brown Real Estate Services

    (540) 570-5352

    72 in this area

    93 Total Sales

    Cheryl Shaw
    Section Image

  • H

    Buyer's Agent in 2022

    Heather Hamilton

    Lexington Company

  • R

    Seller's Agent in 2018

    Rick Alford

    Lexington Real Estate Connection

  • N

    Seller Co-Listing Agent in 2018

    Natalie Shulkin

    Lexington Real Estate Connection

See All Agents

Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 137088

APN: 23-1-112

Virginia Lexington City County Lexington 24450

5 W Preston St, Lexington, VA

Not Listed for Sale

Detached

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.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes