NOT LISTED FOR SALE

515 Rapps Mill Ln Lexington, VA 24450

Collierstown Neighborhood

Estimated Value: $382,000 - $440,000

1 Bed
1 Bath
1,344 Sq Ft
$306/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $300,000 $223 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,293/month

148 Days on Market

Highlights

  • 45.75 Acre Lot
  • Mountain View
  • Wood Burning Stove
  • Cape Cod Architecture
  • Deck
  • Secluded Lot

About This Home

As of June 2021

Looking for privacy? This secluded cottage on over 45 acres of wooded serenity awaits! Open floor plan. Attractive kitchen, great room & dining area opens to large 2-tiered deck. Large bedroom w/sitting area & storage upstairs. Full bath & laundry hook-up. High-speed fiber-optic available. 16 x 12 workshop w/electric. Hardwood forest w/mature trees & walking trails. Bunkhouse potential for kennel building. Perfect home, retreat or hunting paradise. Improvements since 2016: zoned mini-splits heat/air, pine tongue & groove walls, new kitchen, hot water heater, chimney w/stainless steel liner, 2-tiered deck, hot tub hook-up, 200 amp, generator hook-up, bay window, sliding glass door, kennel w/heat/air. New luxury vinyl plank floor 4.2021. Expansion potential. Power in for garage/2nd home.

Last Agent to Sell the Property

Tenney Mudge

Fresh Estates & Country Properties, Inc. Listed on: 12/01/2020

Last Buyer's Agent

Non Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $930

Year Built

  • Built in 2009

Lot Details

  • 45.75 Acre Lot
  • Property fronts a private road
  • Property fronts an easement
  • Hunting Land
  • Secluded Lot
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned Agricultural

Parking

  • No Garage

Home Design

  • Cape Cod Architecture
  • Cabin
  • Metal Roof
  • HardiePlank Siding
  • Stick Built Home

Interior Spaces

  • 1,344 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Stove
  • Thermal Pane Windows
  • Bay Window
  • Mountain Views
  • Crawl Space
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Oven
  • Gas Range
  • Microwave

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Storage Shed

Location

  • Flood Zone Lot

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Underground Utilities
  • Well
  • Electric Water Heater
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 93 A 23

Home Details

Home Type

Single Family

Est. Annual Taxes

$930

Year Built

Built in 2009

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: From Lexington take 251 to Kyger Hill Rd. to Blue Grass Trail to South Buffalo Rd (about 8.2 miles total). Left on South Buffalo Rd. for 6.7 miles then right on Rapps Mill Ln. Go to end of state maintenance & continue .25 mile to red gate. Go thru red gate then go left at first fork to second red gate on left. Proceed up hill to house. Property starts approximately just after first red gate.
  • HistoricProperty: No
  • Listing Member Name: Tenney Mudge
  • Listing Office Short Id: 91
  • Open House Office I D: 20061211170240630668000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: non-member
  • Selling Office Short Id: 108
  • Subdivision Yn: No
  • TotalFinSFApx: 1344.00
  • Year Built: 2009
  • Taxes Dollars: 930.00
  • TotalAcresApx: 45.75
  • 1StFloorMstrBdrm: No
  • PorchDeckPatioDeck: Rear
  • Building Style: Cabin, Cape Cod
  • Type of Construction: Stick Built
  • YardSign: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Crawl Space
  • Full Bathrooms: 1.00
  • Updated Floor: Ceramic Tile, Wood
  • Floor Other: new vinyl plank
  • Appliances: As Is, Dryer Hookup, Gas Range, Microwave, Oven, Refrigerator, Smoke Detector, Washer Hookup, Wood Stove
  • Has Attic: None
  • Lower Floor 1 Bedrooms: 1
  • Fireplace: Wood Stove
  • Interior Amenities: Ceiling Fan
  • Lower Floor 1 Bedrooms: 2

Exterior Features

  • Easements: Power, Right of Way
  • Exterior: Masonry(Hardy) Plank
  • Exterior Features: Ceiling Fan(s), Deck-Rear, Smoke Detector, Storage Building, Thermopane Windows, Undrground Utilities, View - Mountains, Wood Stove
  • Flood Zone: 100 - 500 Year
  • Road Frontage: Private Road
  • Roof: Metal
  • Street: Rapps Mill
  • Tax Rate: .73
  • Flood Zone: SW
  • Out Buildings: Workshop
  • Topography: Hunting, Rolling, Secluded, Views, Woods
  • Exterior Features: Bay Window, Deck, Storage Shed, Workshop
  • Exterior Features Other: 2nd shed has heat/AC

Garage/Parking

  • Garage Spaces: None

Utilities

  • Cooling: Heat Pump Electric, Zoned Cooling
  • Heating: Heat Pump(s), Wood Stove, Zoned Heat
  • Sewer: Existing Septic
  • Utilities Available: Electric, Underground
  • Water: Well
  • Water Heater: Electric

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: Yes
  • Zoning: Agricultural
  • Outbuildings Other: Outbuilding-heat/AC
  • Best Use: Investment, Residential, Vacation Rental
  • Current Use: Residential

Green Features

  • Energy Features: Wood Stove

Tax Info

  • Tax Map Number: 93 A 23
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2020
Closed on
Jun 14, 2021
Sold by
Knight Mark W and Knight Diana M
Bought by
Wray Michael C and Wray Penny
Seller's Agent
Tenney Mudge
Fresh Estates & Country Properties, Inc.
Buyer's Agent
Non Member
List Price
$329,900
Sold Price
$300,000
Premium/Discount to List
-$29,900
-9.06%
Current Estimated Value
$411,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,129
Avg. Annual Appreciation
7.15%
Original Mortgage
$214,000
Outstanding Balance
$195,848
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$205,622

Purchase Details

Listed on
Dec 23, 2014
Closed on
May 7, 2015
Sold by
Slavinski Michael E and Slavinski Ellen L
Bought by
Knight Mark W and Knight Diana M
Buyer's Agent
Non Member Transaction Agent
Non-Member Transaction Office
List Price
$245,000
Sold Price
$230,000
Premium/Discount to List
-$15,000
-6.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.42%
Original Mortgage
$161,000
Interest Rate
3.69%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 20, 2005
Sold by
Rowe William D and Rowe Betty R
Bought by
Slavinski Michael E and Chirchella Ellen L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Wray Michael C $300,000 Priority Title & Setmnt Llc
Knight Mark W $230,000 None Available
Slavinski Michael E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wray Michael C $214,000
Previous Owner Knight Mark W $161,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $300,000 -9.1% $223 / Sq Ft
04/28/2021 04/28/21 Pending -- -- --
12/01/2020 12/01/20 For Sale $329,900 +43.4% $245 / Sq Ft
05/07/2015 05/07/15 Sold $230,000 0.0% $171 / Sq Ft
05/07/2015 05/07/15 Sold $230,000 -6.1% $171 / Sq Ft
04/28/2015 04/28/15 Pending -- -- --
04/28/2015 04/28/15 Pending -- -- --
12/23/2014 12/23/14 For Sale $245,000 0.0% $182 / Sq Ft
07/14/2014 07/14/14 For Sale $245,000 -- $182 / 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 $1,224 $312,100 $173,800 $138,300
2023 $1,224 $312,100 $173,800 $138,300
2022 $930 $237,200 $148,800 $88,400
2021 $930 $237,200 $148,800 $88,400
2020 $930 $237,200 $148,800 $88,400
2019 $918 $237,200 $148,800 $88,400
2018 $880 $237,200 $148,800 $88,400
2017 $880 $237,200 $148,800 $88,400
2016 $659 $201,100 $153,800 $47,300
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Tenney Mudge

    Fresh Estates & Country Properties, Inc.

    (540) 460-6309

    5 in this area

    19 Total Sales

    Tenney Mudge
    Section Image

  • N

    Buyer's Agent in 2021

    Non Member

  • Will Moore

    Seller's Agent in 2015

    Will Moore

    James Wm. Moore Real Estate Co.

    (540) 460-4602

    55 in this area

    337 Total Sales

    Will Moore
    Section Image

  • N

    Buyer's Agent in 2015

    Non Member Transaction Agent

    Non-Member Transaction Office

See All Agents

Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 135641

APN: 93-A-23

Virginia Rockbridge County Lexington 24450 Collierstown

515 Rapps Mill Ln, Lexington, VA

This home is located at 515 Rapps Mill Ln, Lexington, VA 24450 since 01 December 2020 and is currently estimated at $411,129, approximately $305 per square foot. This property was built in 2009. 515 Rapps Mill Ln is a home located in Rockbridge County with nearby schools including Rockbridge County High School.

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