NOT LISTED FOR SALE

50 Rustic Ridge Ln Lexington, VA 24450

Estimated Value: $481,000 - $561,000

3 Beds
3 Baths
2,552 Sq Ft
$201/Sq Ft Est. Value

Last Sold January 06, 2022

Last sale price $389,000 $152 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,939/month

31 Days on Market

Highlights

  • 3.54 Acre Lot
  • Maid or Guest Quarters
  • Contemporary Architecture
  • Mountain View
  • Deck
  • Pond

About This Home

As of January 2022

Spacious 3-4 bedroom 3-bath contemporary located on 3.54 acres on private cul-de-sac in the Forge Road community just minutes from Lexington or Buena Vista is convenient to schools, shopping & easy commute to points North & South! Expansive great room w/tongue-n-grove cathedral ceiling, gas fireplace & French doors leading to covered deck overlooking a pond & views of the Blue Ridge. Abundant cabinets & granite counters surround a large island, w/adjacent dining room or 4th bedroom & 1st floor master suite. 10-ft ceilings on lower level complement a large family room w/wet bar & French doors leading to rear patio. Lower-level bedroom offers potential for office w/private entrance & bath. Concrete driveway, attached garage & large storage bldg. Many recent upgrades make this move-in-ready

Last Agent to Sell the Property

Lana Nicely

Flint Realty LLC Listed on: 09/24/2021

Last Buyer's Agent

Lana Nicely

Flint Realty LLC Listed on: 09/24/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,223

Year Built

  • Built in 2005

Lot Details

  • 3.54 Acre Lot
  • Property fronts a private road
  • Interior Lot
  • Subdivision Possible

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Stick Built Home

Interior Spaces

  • 2,552 Sq Ft Home
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Thermal Pane Windows
  • Great Room with Fireplace
  • Mountain Views
  • Scuttle Attic Hole
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Maid or Guest Quarters
  • 3 Full Bathrooms

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Pond
  • Deck
  • Covered Patio or Porch
  • Outdoor Fireplace
  • Shed
  • Storage Shed

Location

  • Flood Zone Lot

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Powered By Owned Propane
  • Heating System Uses Propane
  • Underground Utilities
  • Well
  • Septic System

Community Details

  • No Home Owners Association
  • Rustic Ridge Community
  • Rustic Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number TM#89-35-2

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,223

Year Built

Built in 2005

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Heating Cooling Other: new 2015
  • Directions: From Lexy, East Midland Trail/Rt 60 East to right on Forge Road; continue for 1.3 miles to right on Rustic Ridge, first house on the right at Flint Realty sign.
  • HeatLiquidPropaneLO: Owned
  • HistoricProperty: No
  • Listing Member Name: Lana H Nicely
  • Listing Office Short Id: 86
  • Open House Office I D: 20061211170240485629000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: nicelyl
  • Selling Office Short Id: 86
  • Subdivision Name: Rustic Ridge
  • Subdivision Yn: Yes
  • TotalFinSFApx: 2552.00
  • Year Built: 2005
  • Taxes Dollars: 2222.96
  • TotalAcresApx: 3.54
  • 1StFloorMstrBdrm: Yes
  • PorchDeckPatioDeck: Rear
  • PorchDeckPatioPorch: Front
  • Building Style: Contemporary
  • Type of Construction: Stick Built
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Finished, Full, Heated, Interior Access, Walkout
  • Full Bathrooms: 3.00
  • Exterior Other: Wood Shingles
  • Dining Room Features Other: Concrete Driveway
  • Updated Floor: Carpet, Tile, Wood
  • Heat Other: new 2015
  • Entry Location: Inside Lot
  • Water Heater Other: 50gal Elec new 2019
  • Appliances: As Is, Dishwasher, Electric Range, Refrigerator
  • Appliances Other: Water Softener/2019
  • Has Attic: Scuttle
  • Lower Floor 1 Bedrooms: 3
  • Fireplace: 1, Gas
  • Fireplace Location: Great Room
  • Interior Amenities: Cathedral Ceiling, Ceiling Fan, Wet Bar
  • Lower Floor 1 Bedrooms: 7

Exterior Features

  • Exterior Features: Ceiling Fan(s), Deck-Rear, Fireplace, Patio-Rear, Porch-Front, Shed, Sidewalks, Smoke Detector, Storage Building, Thermopane Windows, View - Mountains, Wet Bar
  • Road Frontage: Paved Road, Private Road
  • Roof: Shingle
  • Street: Rustic Ridge
  • Surface Water: Pond
  • Tax Rate: 0.74
  • Flood Zone: SE
  • Topography: Views
  • Exterior Features: Covered Porch, Deck, Guest Quarters, Patio, Storage Shed, Sunrise View
  • Exterior Features Other: Concrete Driveway
  • Guest House: No

Garage/Parking

  • Garage Spaces: Attached, Double, Opener

Utilities

  • Cooling: Central Cooling, Heat Pump Electric
  • Heating: Forced Air, Heat Pump(s), Liquid Propane
  • Sewer: Existing Septic
  • Utilities Available: Electric, Underground
  • Water: 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
  • Lot Dimensions: see plat
  • Property Name: Rustic Ridge
  • Zoning: Residential
  • Best Use: Residential
  • Current Use: Residential

Tax Info

  • Tax Map Number: TM#89-35-2
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2021
Closed on
Jan 6, 2022
Sold by
Tomlin Elwood Stanley and Tomlin Megan Leggins
Bought by
Maluski John A and Maluski Susan G
Seller's Agent
Lana Nicely
Flint Realty LLC
Buyer's Agent
Lana Nicely
Flint Realty LLC
List Price
$399,000
Sold Price
$389,000
Premium/Discount to List
-$10,000
-2.51%
Current Estimated Value
$514,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,112
Avg. Annual Appreciation
7.74%
Original Mortgage
$311,200
Outstanding Balance
$286,847
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$227,265

Purchase Details

Listed on
May 11, 2019
Closed on
Jun 10, 2019
Sold by
Brinkley Richard Kent and Brinkley Richard K
Bought by
Leggins Tomlin Jr Elwood Stanley and Leggins Tomlin Megan
Seller's Agent
Lana Nicely
Flint Realty LLC
Buyer's Agent
Lana Nicely
Flint Realty LLC
List Price
$319,000
Sold Price
$299,000
Premium/Discount to List
-$20,000
-6.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.96%
Original Mortgage
$293,584
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 6, 2008
Sold by
Clark Mark C
Bought by
U S Bank National Assn
Source: Public Records

Range of Values:

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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
Maluski John A $389,000 Lexington Title Agency Llc
Leggins Tomlin Jr Elwood Stanley $299,000 None Available
U S Bank National Assn $276,000 Colonial Title & Abstracting
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maluski John A $311,200
Previous Owner Leggins Tomlin Jr Elwood Stanley $293,584
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2022 01/06/22 Sold $389,000 -2.5% $152 / Sq Ft
10/25/2021 10/25/21 Pending -- -- --
09/24/2021 09/24/21 For Sale $399,000 +33.4% $156 / Sq Ft
06/27/2019 06/27/19 Sold $299,000 -6.3% $117 / Sq Ft
05/21/2019 05/21/19 Pending -- -- --
05/11/2019 05/11/19 For Sale $319,000 -- $125 / 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 $2,428 $398,000 $95,400 $302,600
2024 $2,428 $398,000 $95,400 $302,600
2023 $2,428 $398,000 $95,400 $302,600
2022 $2,223 $300,400 $65,400 $235,000
2021 $2,223 $300,400 $65,400 $235,000
2020 $2,223 $300,400 $65,400 $235,000
2019 $2,193 $300,400 $65,400 $235,000
2018 $2,083 $297,500 $62,500 $235,000
2017 $2,083 $297,500 $62,500 $235,000
2016 $1,875 $255,100 $51,300 $203,800
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2022

    Lana Nicely

    Flint Realty LLC

    (540) 377-6380

    32 in this area

    139 Total Sales

    Lana Nicely
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Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 136436

APN: 89-35-2

Virginia Rockbridge County Lexington 24450

50 Rustic Ridge Ln, Lexington, VA

This home is located at 50 Rustic Ridge Ln, Lexington, VA 24450 since 24 September 2021 and is currently estimated at $514,112, approximately $201 per square foot. This property was built in 2005. 50 Rustic Ridge Ln is a home located in Rockbridge County with nearby schools including Rockbridge County High School.

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