509 S Main St Lexington, VA 24450
5
Beds
2
Baths
2,986
Sq Ft
0.5
Acres
About This Home
As of January 2025History awaits at the William T. Poague house. A fantastic opportunity to own an 1800's home just a few blocks from downtown Lexington! This 5 bedroom, 2 bathroom home has been completely renovated and is ready for you to move in. Enter into the very spacious living room, complete with high ceilings, original trim and wood flooring. Modern kitchen includes with open shelving and a new butler's pantry. First floor hosts formal dining room and primary suite. Second floor has four spacious bedrooms and brand new, upgraded bathroom, including laundry. Fantastic open front yard with long sidewalk, which leads to the open front porch. Enjoy the backyard on the newly poured concrete patio. Recent renovations include new windows, electrical, plumbing, interior paint and refinished floors.
Home Details
Home Type
Single Family
Est. Annual Taxes
$3,472
Year Built
1885
Lot Details
0
Listing Details
- ConservationEsmnt: No
- Directions: S. Main Street to property on left hand side.
- HistoricProperty: Yes
- Listing Member Name: Kara F. Braddick
- Listing Office Short Id: 78
- Open House Office I D: 20061211170240946497000000
- Hoa2 Or Poa: No
- Prop. Type: Residential/Farm
- Selling Member Short Id: maryt
- Selling Office Short Id: 91
- Subdivision Yn: No
- TotalFinSFApx: 2986.00
- Year Built: 1885
- Taxes Dollars: 3472.00
- TotalAcresApx: 0.50
- 1StFloorMstrBdrm: Yes
- PorchDeckPatioDeck: Side
- PorchDeckPatioPorch: Front
- Building Style: Historical
- StyleTwoStory: YES
- YardSign: Yes
- Special Features: None
- Property Sub Type: Detached
Interior Features
- Has Basement: Interior Access, Unfinished, Walkout
- Full Bathrooms: 2.00
- Updated Floor: Carpet, Tile, Wood
- Water Heater Other: Electric; New 2023
- Appliances: As Is, Dishwasher, Dryer, Refrigerator, Washer
- Has Attic: Drop Stair
- Lower Floor 1 Bedrooms: 5
- Fireplace: 2
- Fireplace Location: Living Room, Master Bedroom
- Fireplace Other: Not functioning
- Lower Floor 1 Bedrooms: 10
Exterior Features
- Exterior: Brick
- Exterior Features: Patio-Concrete, Sidewalks
- Road Frontage: City Street, Paved Road
- Roof: Metal
- Street: Main
- Tax Rate: .92
- Flood Zone: SW
- Exterior Features: Deck, Porch
Garage/Parking
- Garage Spaces: None
Utilities
- Cooling: Central Cooling, Zoned Cooling
- Heating: Heat Pump(s), Zoned Heat
- Sewer: Public Sewer
- 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
- Zoning: Residential
- Best Use: Residential
- Current Use: Residential
Tax Info
- Tax Map Number: 28 22 1
- Tax Year: 2024
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 12, 2022
Closed on
Sep 8, 2022
Sold by
Ray Lynn Richardson
Bought by
Petrie Amy Viola and Fetterer Timothy Joseph
Seller's Agent
Rodger Rinehart
James River Realty - Lexington
Buyer's Agent
Kara Braddick
James Wm. Moore Real Estate Co.
List Price
$375,000
Sold Price
$300,000
Premium/Discount to List
-$75,000
-20%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,978
Avg. Annual Appreciation
25.57%
Original Mortgage
$240,000
Interest Rate
5.13%
Mortgage Type
Balloon
Purchase Details
Listed on
Oct 8, 2012
Closed on
Feb 22, 2013
Sold by
Lackmann Friedrich G and Lackmann Elizabeth Westbrook
Bought by
Lynn Richardson Ray and Adams Ann Louise
Seller's Agent
Rodger Rinehart
J.F. Brown Real Estate Services
Buyer's Agent
Susan Rinehart
Mead Associates Inc
List Price
$299,000
Sold Price
$150,000
Premium/Discount to List
-$149,000
-49.83%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.50%
Similar Homes in Lexington, VA
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $300,000 | -- | |
| Deed | $150,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $577,600 | New Conventional | |
| Closed | $240,000 | Balloon | |
| Previous Owner | $70,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/17/2025 01/17/25 | Sold | $608,050 | -4.2% | $204 / Sq Ft |
| 10/02/2024 10/02/24 | Pending | -- | -- | -- |
| 08/21/2024 08/21/24 | Price Changed | $635,000 | -3.6% | $213 / Sq Ft |
| 07/15/2024 07/15/24 | Price Changed | $659,000 | -4.4% | $221 / Sq Ft |
| 06/25/2024 06/25/24 | For Sale | $689,000 | +129.7% | $231 / Sq Ft |
| 09/30/2022 09/30/22 | Sold | $300,000 | -20.0% | $100 / Sq Ft |
| 08/25/2022 08/25/22 | Pending | -- | -- | -- |
| 05/12/2022 05/12/22 | For Sale | $375,000 | +150.0% | $126 / Sq Ft |
| 03/05/2013 03/05/13 | Sold | $150,000 | -49.8% | $50 / Sq Ft |
| 02/08/2013 02/08/13 | Pending | -- | -- | -- |
| 10/08/2012 10/08/12 | For Sale | $299,000 | -- | $100 / 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 | $3,472 | $377,444 | $130,000 | $247,444 |
| 2023 | $3,472 | $377,444 | $130,000 | $247,444 |
| 2022 | $3,472 | $377,444 | $130,000 | $247,444 |
| 2021 | $3,741 | $352,933 | $125,000 | $227,933 |
| 2020 | $3,741 | $352,933 | $125,000 | $227,933 |
| 2019 | $3,653 | $352,933 | $125,000 | $227,933 |
| 2018 | $3,653 | $352,900 | $125,000 | $227,900 |
| 2017 | $3,919 | $353,100 | $115,000 | $238,100 |
| 2016 | $3,849 | $353,100 | $115,000 | $238,100 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
| 2013 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kara Braddick
Seller's Agent in 2025
Kara Braddick
James Wm. Moore Real Estate Co.
(540) 460-0484
170 in this area
245 Total Sales
-
Tenney Mudge
T
Buyer's Agent in 2025
Tenney Mudge
Fresh Estates & Country Properties, Inc.
(540) 460-6309
8 in this area
19 Total Sales
-
Rodger Rinehart
R
Seller's Agent in 2022
Rodger Rinehart
James River Realty - Lexington
(540) 464-1776
50 in this area
93 Total Sales
-
Susan Rinehart
S
Seller Co-Listing Agent in 2022
Susan Rinehart
James River Realty - Lexington
(540) 460-4544
28 in this area
62 Total Sales
Map
Source: Rockbridge Highlands REALTORS®
MLS Number: 138579
APN: 28-22-1
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