L
Seller's Agent in 2025
LESLIE GILES
Lexington Real Estate Connection
(540) 460-2201
54 in this area
84 Total Sales
50 Cabin Ln Lexington, VA 24450
2
Beds
1
Bath
1,680
Sq Ft
3.31
Acres
Highlights
- Barn
- Mountain View
- Living Room with Fireplace
- 3.31 Acre Lot
- Wood Burning Stove
- Wood Flooring
About This Home
As of July 2025With quick access to downtown Lexington, this 1930s farmhouse and associated outbuildings are situated on 3.31 acres of level land across a lane from Kerr's Creek. Adjacent to I-64, the property offers magnificent mountain views and a fenced pasture ideal for grazing livestock or growing produce for home or market. The vintage home with 2 BRs, 1 bathroom, and enclosed front/back porches is not livable at this time and needs complete renovation. But it could be charming if restored; or consider building anew elsewhere on the property. Bring your imagination!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $426
Year Built
- Built in 1930
Lot Details
- 3.31 Acre Lot
- Partially Fenced Property
- Wire Fence
- Level Lot
- Open Lot
- Garden
- Property is zoned Agricultural
Parking
- No Garage
Property Views
- Mountain
- Valley
Home Design
- Farmhouse Style Home
- Metal Roof
- Wood Siding
- Stick Built Home
Interior Spaces
- 1,680 Sq Ft Home
- 2-Story Property
- Wood Burning Stove
- Living Room with Fireplace
- Scuttle Attic Hole
- No Kitchen Appliances
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Basement
- Partial Basement
- Basement Cellar
Outdoor Features
- Enclosed Patio or Porch
- Shed
- Storage Shed
Location
- In Flood Plain
- Flood Zone Lot
Schools
- Central Elementary School
- Maury River Middle School
- Rockbridge Co High School
Farming
- Barn
- 2 Acres of Pasture
- Pasture
- Chicken Farm
Utilities
- No Cooling
- Cistern
- No Water Heater
- Septic System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 61-A-13
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 27, 2024
Closed on
Jun 6, 2025
Sold by
Garrett C William
Bought by
Wibel Charles Woodrow
Seller's Agent
LESLIE GILES
Lexington Real Estate Connection
Buyer's Agent
LESLIE GILES
Lexington Real Estate Connection
List Price
$100,000
Sold Price
$85,000
Premium/Discount to List
-$15,000
-15%
Views
729
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2450.04%
Original Mortgage
$76,500
Outstanding Balance
$75,023
Interest Rate
5%
Mortgage Type
Seller Take Back
Estimated Equity
$67,691
Purchase Details
Closed on
May 18, 2022
Sold by
Ann Sweet Elizabeth
Bought by
Garrett C William
Purchase Details
Closed on
Jun 3, 2020
Sold by
Brown Ted H and Dorothy N Brown Revocable Trus
Bought by
Brown Ted H and Ted H Brown Revocable Trust
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $85,000 | Lexington Title | |
| Deed | $85,000 | Lexington Title | |
| Deed | $40,000 | Jones James Todd | |
| Deed Of Distribution | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $76,500 | Seller Take Back | |
| Closed | $76,500 | Seller Take Back |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2025 07/15/25 | Sold | $85,000 | -15.0% | $51 / Sq Ft |
| 05/28/2025 05/28/25 | Pending | -- | -- | -- |
| 04/02/2025 04/02/25 | For Sale | $100,000 | 0.0% | $60 / Sq Ft |
| 04/02/2025 04/02/25 | Price Changed | $100,000 | +17.6% | $60 / Sq Ft |
| 03/25/2025 03/25/25 | Off Market | $85,000 | -- | -- |
| 03/17/2025 03/17/25 | Price Changed | $110,000 | -7.6% | $65 / Sq Ft |
| 02/14/2025 02/14/25 | For Sale | $119,000 | 0.0% | $71 / Sq Ft |
| 01/27/2025 01/27/25 | Pending | -- | -- | -- |
| 09/27/2024 09/27/24 | For Sale | $119,000 | -- | $71 / Sq Ft |
Source: Rockbridge Highlands REALTORS®
Tax History Compared to Growth
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 | $426 | $69,900 | $43,900 | $26,000 |
| 2023 | $426 | $69,900 | $43,900 | $26,000 |
| 2022 | $335 | $45,300 | $31,600 | $13,700 |
| 2021 | $335 | $45,300 | $31,600 | $13,700 |
| 2020 | $335 | $45,300 | $31,600 | $13,700 |
| 2019 | $331 | $45,300 | $31,600 | $13,700 |
| 2018 | $317 | $45,300 | $31,600 | $13,700 |
| 2017 | $44 | $45,300 | $31,600 | $13,700 |
| 2016 | $171 | $74,800 | $41,600 | $33,200 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
| 2013 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
LESLIE GILES
Map
Source: Rockbridge Highlands REALTORS®
MLS Number: 138838
APN: 61-A-13
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