NOT LISTED FOR SALE

517 Valley Pike Lexington, VA 24450

Estimated Value: $205,000 - $258,000

3 Beds
1 Bath
1,164 Sq Ft
$201/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $140,000 $120 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,350/month

9 Days on Market

Highlights

  • 2 Acre Lot
  • Wood Flooring
  • No HOA
  • Cape Cod Architecture
  • Main Floor Primary Bedroom
  • Covered Patio or Porch

About This Home

As of January 2021

Close to town! Upgraded 3 BR. 1 BA. in quiet neighborhood only 5 minutes from downtown. Zoned AT so bring the animals! Recent metal roof, kitchen and bath, new mini-split heat and air on first floor, new front porch and steps and electric panel. Original hardwood floors.

Last Agent to Sell the Property

Charles Hileman

Lexington Real Estate Connection Listed on: 12/03/2020

Last Buyer's Agent

Charles Hileman

Valley Real Estate Brokers LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $773

Year Built

  • Built in 1950

Lot Details

  • 2 Acre Lot
  • Property fronts a state road
  • Lot Has A Rolling Slope
  • Property is zoned Agricultural

Home Design

  • Cape Cod Architecture
  • Metal Roof
  • Asbestos Siding
  • Stick Built Home

Interior Spaces

  • 1,164 Sq Ft Home
  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storm Doors
  • Electric Range
  • Property Views

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 1 Full Bathroom

Parking

  • Attached Garage
  • Carport
  • Driveway

Schools

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

Utilities

  • Central Air
  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Electric Water Heater
  • Septic System
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Flood Zone Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 62-9-2C

Home Details

Home Type

Single Family

Est. Annual Taxes

$773

Year Built

Built in 1950

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Heating Cooling Other: Mini-Split Down
  • Directions: Rt. 11 North to left on Maury River to rt. on Valley Pike. Home on left.
  • HistoricProperty: No
  • Listing Member Name: Charles Hileman
  • Listing Office Short Id: 80
  • Open House Office I D: 20061211170241366991000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: cmh
  • Selling Office Short Id: 80
  • Subdivision Yn: No
  • TotalFinSFApx: 1164.00
  • Year Built: 1950
  • Taxes Dollars: 773.00
  • TotalAcresApx: 2.00
  • 1StFloorMstrBdrm: Yes
  • PorchDeckPatioPorch: Front
  • Building Style: Cape Cod
  • Type of Construction: Stick Built
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Full, Unfinished
  • Full Bathrooms: 1.00
  • Updated Floor: Vinyl, Wood
  • Heat Other: Mini-Split Down
  • Appliances: As Is, Electric Range, Refrigerator
  • Has Attic: None
  • Lower Floor 1 Bedrooms: 3
  • Fireplace: None
  • Interior Amenities: Walk-in Closet
  • Lower Floor 1 Bedrooms: 6

Exterior Features

  • Easements: Unknown
  • Exterior: Asbestos
  • Exterior Features: Cable Available, Ceiling Fan(s), Paved Driveway, Porch-Front, Storm Door-Rear, Storm Door-Side
  • Road Frontage: State Road
  • Roof: Metal
  • Street: Valley Pike
  • Surface Water: None
  • Tax Rate: .74
  • Flood Zone: NW
  • Fencing: None
  • Topography: Rolling
  • Exterior Features: Covered Porch, Paved Driveway, Porch, Sunrise View

Garage/Parking

  • Garage Spaces: Attached, Carport

Utilities

  • Cooling: Central Cooling, Window Unit(s)
  • Heating: Baseboard Electric, Electric
  • Sewer: Existing Septic
  • Utilities Available: Cable, Electric, Public Water
  • Water: Public Water
  • 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: No
  • Zoning: Agricultural
  • Best Use: Residential
  • Current Use: Residential

Tax Info

  • Tax Map Number: 62-9-2C
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2020
Closed on
Dec 30, 2020
Sold by
Seldom Scene Properties Llc
Bought by
Helene S Baker Living Trust
Seller's Agent
Charles Hileman
Lexington Real Estate Connection
Buyer's Agent
Charles Hileman
Valley Real Estate Brokers LLC
List Price
$149,500
Sold Price
$140,000
Premium/Discount to List
-$9,500
-6.35%
Current Estimated Value
$234,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,186
Avg. Annual Appreciation
12.11%

Purchase Details

Closed on
Mar 9, 2009
Sold by
Straub Dorothy Lackey
Bought by
Zapar Gregory S and Zapar Cohen Virginia
Source: Public Records

Range of Values:

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Average Value
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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
Helene S Baker Living Trust $140,000 Accommodation
Zapar Gregory S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Seldom Scene Properties Llc $194,000
Previous Owner Seldom Scene Properties Llc $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $140,000 -6.4% $120 / Sq Ft
12/12/2020 12/12/20 Pending -- -- --
12/03/2020 12/03/20 For Sale $149,500 -- $128 / 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 $1,012 $165,900 $67,500 $98,400
2023 $1,012 $165,900 $67,500 $98,400
2022 $773 $104,400 $42,500 $61,900
2021 $773 $104,400 $42,500 $61,900
2020 $773 $104,400 $42,500 $61,900
2019 $762 $104,400 $42,500 $61,900
2018 $731 $104,400 $42,500 $61,900
2017 $731 $104,400 $42,500 $61,900
2016 $866 $117,800 $52,500 $65,300
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 135645

APN: 62-9-2C