NOT LISTED FOR SALE

523 Mount Atlas Rd Lexington, VA 24450

Estimated Value: $212,000 - $257,000

2 Beds
1 Bath
1,050 Sq Ft
$220/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $224,900 $214 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,498/month

4 Days on Market

About This Home

As of June 2024

This 2 Br 1 Bath cottage on almost 2 acres sits in a park like setting just minutes from Historic Lexington. Hardwood floors, new paint throughout, full unfinished basement - all ready for you to make this home. Owner is offering up to $1000 for a Home Warranty.

Last Agent to Sell the Property

Melissa Hennis

Howard Hanna R E Services Listed on: 05/01/2024

Howard Hanna R E Services

Last Buyer's Agent

Non Member

Home Details

Home Type

Single Family

Est. Annual Taxes

$838

Year Built

1937

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: Rt 11 N to left on Mt Atlas Rd . Go one mile to driveway on the left.
  • HistoricProperty: No
  • Listing Member Name: Melissa C. Hennis
  • Listing Office Short Id: HHRES
  • Open House Office I D: 20180717163240810671000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: non-member
  • Selling Office Short Id: 108
  • Subdivision Yn: No
  • TotalFinSFApx: 1050.00
  • Year Built: 1937
  • Taxes Dollars: 838.14
  • TotalAcresApx: 1.89
  • 1StFloorMstrBdrm: Yes
  • PorchDeckPatioPorch: Front
  • Building Style: Cottage
  • 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
  • Appliances: As Is, Electric Range, Refrigerator
  • Has Attic: Scuttle
  • Lower Floor 1 Bedrooms: 2
  • Fireplace: None
  • Lower Floor 1 Bedrooms: 4

Exterior Features

  • Easements: Unknown
  • Exterior: Vinyl
  • Road Frontage: State Road
  • Roof: Metal
  • Street: Mt Atlas
  • Surface Water: None
  • Tax Rate: .61/ 100
  • Flood Zone: NW
  • Topography: Level

Garage/Parking

  • Garage Spaces: Detached, Double

Utilities

  • Cooling: No Cooling System
  • Heating: Forced Air
  • Sewer: Existing Septic
  • 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

  • Zoning: Residential
  • Best Use: Investment, Residential
  • Current Use: Investment, Residential

Tax Info

  • Tax Map Number: 54 A 47 A
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2024
Closed on
Jun 20, 2024
Sold by
Goodman William R and Goodman Martha Kessler
Bought by
Reynolds Kelsey Brooke
Seller's Agent
Melissa Hennis
Howard Hanna R E Services
Buyer's Agent
Non Member
List Price
$224,900
Sold Price
$224,900
Views
39
Current Estimated Value
$260,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,924
Avg. Annual Appreciation
14.15%
Original Mortgage
$192,300
Outstanding Balance
$190,853
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$69,971

Purchase Details

Closed on
May 4, 2010
Sold by
Nunstedt Laurel M
Bought by
Campbell Eugenia G
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
Reynolds Kelsey Brooke $224,900 None Listed On Document
Campbell Eugenia G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reynolds Kelsey Brooke $192,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $224,900 0.0% $214 / Sq Ft
05/05/2024 05/05/24 Pending -- -- --
05/01/2024 05/01/24 For Sale $224,900 -- $214 / 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 $838 $135,200 $44,500 $90,700
2023 $838 $137,400 $46,700 $90,700
2022 $819 $110,700 $41,700 $69,000
2021 $819 $110,700 $41,700 $69,000
2020 $819 $110,700 $41,700 $69,000
2019 $808 $110,700 $41,700 $69,000
2018 $775 $110,700 $41,700 $69,000
2017 $775 $110,700 $41,700 $69,000
2016 $721 $98,100 $42,700 $55,400
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: 138439

APN: 50-A-47A