Glen Michael
GEM Realty Group, LLC
(540) 701-3953
12 Total Sales
1 in Lexington
$169,400 Price
523 S Main St Lexington, VA 24450
Lexington AreaEstimated Value: $594,044 - $767,000
6
Beds
3
Baths
2,738
Sq Ft
$248/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Corner Lot
- Central Air
- Harrington Waddell Elementary School Rated A
- No HOA
About This Home
As of July 2021Located in a lovely established traditional neighborhood only a few blocks from picturesque downtown Lexington. This duplex, c. 1937, sits on a beautiful corner lot at South Main St. and Sellers Ave. Currently a rental property with two units, this income producing investment property generates peak interest. Each unit has three bedrooms, a living room, dining room and eat-in kitchen. Beautiful Heart pine wood floors, original woodwork and charm! Both units have been maintained well and have both been recently painted. Plenty of storage access in the walk up attic or in the unfinished basement. This investment property has an excellent rental history and may also convert to a fantastic single family home. So much opportunity in a prime location
Last Agent to Sell the Property
Kara Braddick
James Wm. Moore Real Estate Co. Listed on: 05/17/2021
Last Buyer's Agent
Kitty Burke
Long & Foster - Staunton
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,650
Year Built
- Built in 1927
Lot Details
- 7,841 Sq Ft Lot
- Corner Lot
Home Design
- Duplex
- Brick Exterior Construction
- Metal Roof
Interior Spaces
- 2,738 Sq Ft Home
- 2-Story Property
- Storage In Attic
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Location
- Flood Zone Lot
Schools
- Waddell Elementary School
- Lylburn Downing Middle School
- Rockbridge Co High School
Utilities
- Central Air
- Heating System Uses Gas
Community Details
- No Home Owners Association
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 28 11 1
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 17, 2021
Closed on
Jun 17, 2021
Sold by
Bought by
Seller's Agent
Kara Braddick
James Wm. Moore Real Estate Co.
Buyer's Agent
Kitty Burke
Long & Foster - Staunton
List Price
$469,000
Sold Price
$460,000
Premium/Discount to List
-$9,000
-1.92%
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
$219,761
Avg. Annual Appreciation
7.86%
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Lexington, VA
-
Glen Michael
-
Eric Fletcher
Eric Fletcher
PROPERTY MANAGEMENT OF VIRGINIA LC
(540) 779-1519
93 Total Sales
1 in Lexington
$347,990 Price
-
Mary Beth Harris
Mary Beth Harris
JAMES RIVER REALTY LLC
(540) 600-4286
162 Total Sales
40 in Lexington
$65K - $600K Price Range
-
David Stull
David Stull
STERLING PROPERTIES & MANAGEMENT LLC
(540) 600-4933
55 Total Sales
21 in Lexington
$65K - $985K Price Range
-
Matthias John
Matthias John
CORCORAN WILEY-CHARLOTTESVILLE
(434) 443-8900
63 Total Sales
1 in Lexington
$1,200,000 Price
-
KAREN LITTLE
KAREN LITTLE
J.F. Brown Real Estate Services
(540) 600-4582
100 Total Sales
41 in Lexington
$43K - $585K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $460,000 | None Available |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/01/2021 07/01/21 | Sold | $460,000 | -1.9% | $168 / Sq Ft |
| 05/25/2021 05/25/21 | Pending | -- | -- | -- |
| 05/17/2021 05/17/21 | For Sale | $469,000 | -- | $171 / Sq Ft |
Source: Rockbridge Highlands REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $3,027 | $459,400 | $95,000 | $364,400 |
| 2024 | $30 | $459,378 | $95,000 | $364,378 |
| 2023 | $3,686 | $459,378 | $95,000 | $364,378 |
| 2022 | $3,686 | $459,378 | $95,000 | $364,378 |
| 2021 | $3,686 | $347,744 | $90,000 | $257,744 |
| 2020 | $3,686 | $347,744 | $90,000 | $257,744 |
| 2019 | $3,599 | $347,744 | $90,000 | $257,744 |
| 2018 | -- | $347,700 | $90,000 | $257,700 |
| 2017 | -- | $321,700 | $90,000 | $231,700 |
| 2016 | $3,507 | $321,700 | $90,000 | $231,700 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
| 2013 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
KB
Seller's Agent in 2021
Kara Braddick
James Wm. Moore Real Estate Co.
-
KB
Buyer's Agent in 2021
Kitty Burke
Long & Foster - Staunton
Map
Source: Rockbridge Highlands REALTORS®
MLS Number: 136048
APN: 28 11 1
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