NOT LISTED FOR SALE

506 S Main St Lexington, VA 24450

Estimated Value: $336,000 - $368,000

5 Beds
8 Baths
7,011 Sq Ft
$51/Sq Ft Est. Value

Last Sold July 14, 2016

Last sale price $800,000 $114 Per Sq Ft

Current estimated payment $2,104/month

450 Days on Market

Highlights

  • Maid or Guest Quarters
  • Living Room with Fireplace
  • Finished Attic
  • Harrington Waddell Elementary School Rated A
  • Wood Flooring
  • No HOA

About This Home

As of July 2016

Surrounded by the beautiful Blue Ridge Mountains, Grace House stands as one of the most stately, Main Street Victorians in charming Lexington, Virginia. Its colorful history began when it was built in the early 1890's by a well-known local architect. In 2012, extensive renovations took place to return the home to its original splendor. Preserving the best of the past, the original moldings

Last Agent to Sell the Property

Lucy Turner

Frank Hardy Sotheby's International Realty Listed on: 04/20/2015

Last Buyer's Agent

Lucy Turner

Mead Associates Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,738

Year Built

  • Built in 1891

Lot Details

  • 0.39 Acre Lot
  • Garden
  • Historic Home

Parking

  • No Garage

Home Design

  • Brick Exterior Construction
  • Slate Roof

Interior Spaces

  • 7,011 Sq Ft Home
  • Tray Ceiling
  • Ceiling Fan
  • Multiple Fireplaces
  • Flue
  • Gas Fireplace
  • Thermal Pane Windows
  • Bay Window
  • Living Room with Fireplace
  • Screened Porch
  • Storage
  • Unfinished Basement
  • Basement Cellar

Kitchen

  • Breakfast Area or Nook
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Maid or Guest Quarters

Laundry

  • Dryer
  • Washer

Attic

  • Attic Stairs
  • Finished Attic

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Gas
  • Gas Available
  • Cable TV Available

Additional Features

  • Outdoor Fireplace
  • Flood Zone Lot

Community Details

  • No Home Owners Association
  • Grace House Community

Listing and Financial Details

  • Assessor Parcel Number 29-1-6

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,738

Year Built

Built in 1891

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Heating Cooling Other: 4 zones
  • Directions: East side of South Main St. at Frank Hardy Sotheby's International Reality sign
  • HistoricProperty: Yes
  • Listing Member Name: Lucy M. Turner
  • Listing Office Short Id: 144
  • Open House Office I D: 20070202195048435041000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: turnerl
  • Selling Office Short Id: 144
  • Subdivision Yn: No
  • TotalFinSFApx: 7011.00
  • Year Built: 1891
  • Taxes Dollars: 10738.00
  • TotalAcresApx: 0.39
  • 1StFloorMstrBdrm: No
  • PorchDeckPatioPorch: Front
  • Building Style: Historical
  • StyleVictorian: circa 1891
  • Type of Construction: Solid Brick
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Cellar, Unfinished
  • Full Bathrooms: 6.00
  • Updated Floor: Tile, Wood
  • Half Bathrooms: 2
  • Heat Other: 4 zones
  • Water Heater Other: Two Gas
  • Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Washer
  • Has Attic: Finished, Staircase
  • Lower Floor 1 Bedrooms: 5
  • Fireplace: 3 or More, Gas
  • Fireplace Location: Living Room
  • Interior Amenities: Breakfast Area, Flue Available, Indirect Lighting, Storage, Tray Ceiling, Walk-in Closet
  • Lower Floor 1 Bedrooms: 15

Exterior Features

  • Exterior: Brick
  • Exterior Features: Cable Available, Ceiling Fan(s), Curb & Gutter, Fireplace, Guest Quarters, Porch-Front, Porch-Rear, Porch-Screened, Porch-Side, Porch-Two Story, Sidewalks, Thermopane Windows
  • Road Frontage: City Street
  • Roof: Slate
  • Street: Main
  • Tax Rate: 1.03
  • Flood Zone: SE
  • Exterior Features: Bay Window, Garden Space, Guest Quarters, Porch, Screened Porch
  • Guest House: No

Garage/Parking

  • Garage Spaces: None

Utilities

  • Cooling: Central Cooling, Zoned Cooling
  • Heating: Gas, Heat Pump(s), Zoned Heat
  • Sewer: Public Sewer
  • Utilities Available: Cable, Gas, Public Sewer, Public Water
  • Water: Public Water

Schools

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

Lot Info

  • Future Land Use: No
  • Property Name: Grace House
  • Zoning: Residential
  • Best Use: Residential
  • Current Use: Residential

Tax Info

  • Tax Map Number: 29-1-6
  • Tax Year: 2014

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

Property History

Date Event Price Change Sq Ft Price
07/14/2016 07/14/16 Sold $800,000 -38.2% $114 / Sq Ft
07/13/2016 07/13/16 Pending -- -- --
04/20/2015 04/20/15 For Sale $1,295,000 +264.8% $185 / Sq Ft
04/05/2012 04/05/12 Sold $355,000 -35.5% $36 / Sq Ft
03/05/2012 03/05/12 Pending -- -- --
11/01/2009 11/01/09 For Sale $550,000 -- $55 / 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
2024 $2,246 $244,135 $75,000 $169,135
2023 $2,246 $244,135 $75,000 $169,135
2022 $2,246 $244,135 $75,000 $169,135
2021 $2,312 $218,105 $70,000 $148,105
2020 $2,312 $218,105 $70,000 $148,105
2019 $2,257 $218,105 $70,000 $148,105
2018 $2,257 $218,100 $70,000 $148,100
2017 $2,046 $184,300 $70,000 $114,300
2016 $2,009 $184,300 $70,000 $114,300
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 2016

    Lucy Turner

    Frank Hardy Sotheby's International Realty

  • K

    Buyer's Agent in 2016

    KIM NAPIER

    Long & Foster - Staunton

    Section Image

  • R

    Seller's Agent in 2012

    Rick Alford

    Lexington Real Estate Connection

  • N

    Seller Co-Listing Agent in 2012

    Natalie Shulkin

    Lexington Real Estate Connection

See All Agents

Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 129382

APN: 29-1-7

Virginia Lexington City County Lexington 24450

506 S Main St, Lexington, VA

This home is located at 506 S Main St, Lexington, VA 24450 since 20 April 2015 and is currently estimated at $354,667, approximately $50 per square foot. This property was built in 1891. 506 S Main St is a home located in Lexington City with nearby schools including Harrington Waddell Elementary School, Lylburn Downing Middle School, and Earthsong Community School.

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