NOT LISTED FOR SALE

531 Mount Atlas Rd Lexington, VA 24450

Estimated Value: $286,000 - $399,000

3 Beds
2 Baths
1,851 Sq Ft
$180/Sq Ft Est. Value

Last Sold September 20, 2017

Last sale price $187,500 $101 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $1,940/month

166 Days on Market

About This Home

As of September 2017

INCREDIBLE PRICE! Timber Ridge Station, once a bustling village on the the Valley Railroad between Staunton and Lexington, is the setting for this super-charming 3 BR/2 bath log and frame home. Abundant rustic character in the entry/dining room: hewn chestnut logs, exposed ceiling joists, and a winding corner staircase. In the adjoining living room, a polygonal bay window and French doors bring the outdoors in; a 1st-floor bedroom/flex space opens onto a spacious rear deck. The modernized kitchen features Shaker-style cabinetry, a light-filled sitting area, and stainless appliances. Upstairs: 2 comfy bedrooms, a bath, and laundry. On the 1+ acre grounds: ornamental plantings, open lawn, even a treehouse! The recent detached workshop could also be set up as guest quarters or a 2-car garage.

Last Agent to Sell the Property

Leslie Giles

James River Realty - Lexington Listed on: 04/05/2017

Last Buyer's Agent

Lee McLaughlin

J.F. Brown Real Estate Services

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,421

Year Built

1840

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: From Lexington: US 11 North past I-81 interchange (exit 195) and Timber Ridge wayside to left on Mt Atlas Rd (Route 716); approx 1 mile to home on left
  • HistoricProperty: No
  • Listing Member Name: Leslie A Giles
  • Listing Office Short Id: jrrlex
  • Open House Office I D: 20080325192429605012000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: LLM
  • Selling Office Short Id: 121
  • Subdivision Yn: No
  • TotalFinSFApx: 1851.00
  • Year Built: 1840
  • Taxes Dollars: 1382.50
  • TotalAcresApx: 1.01
  • 1StFloorMstrBdrm: Yes
  • PorchDeckPatioDeck: Rear
  • PorchDeckPatioPorch: Side
  • Building Style: Colonial/Federal, Cottage, Historical, Log
  • Type of Construction: Log
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Area Remarks: Timber Ridge Station area
  • Has Basement: Cellar, Crawl Space, Partial
  • Full Bathrooms: 2.00
  • Updated Floor: Wood
  • Appliances: As Is, Dishwasher, Dryer, Dryer Hookup, Electric Range, Refrigerator, Washer, Washer Hookup, Wood Stove
  • Has Attic: None
  • Lower Floor 1 Bedrooms: 3
  • Fireplace: Wood Stove
  • Interior Amenities: Breakfast Area, Storage
  • Lower Floor 1 Bedrooms: 6

Exterior Features

  • Easements: Right of Way, Water
  • Exterior: Log, Vinyl
  • Exterior Features: Deck-Rear, Porch-Screened, Porch-Side, Storage Building, Storm Windows-Partia, Thermopane Windows, View - Mountains, Wood Stove
  • Road Frontage: State Road
  • Roof: Metal
  • Street: Mt Atlas
  • Tax Rate: $0.70/$100
  • Flood Zone: NW
  • Topography: Level, Open
  • Exterior Features: Bay Window, Covered Porch, Playhouse, Storage Shed

Garage/Parking

  • Garage Spaces: Detached, Workshop

Utilities

  • Cooling: Window Unit(s)
  • Heating: Hot Water Baseboard, Oil, Wood Stove
  • 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

  • Future Land Use: No
  • Zoning: Agricultural
  • Outbuildings Other: workshop/garage
  • Best Use: Residential, Vacation Rental
  • Current Use: Residential

Tax Info

  • Tax Map Number: 50-A-45
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2017
Closed on
Sep 19, 2017
Sold by
Watkins John C
Bought by
Mcguire Patrick L and Mcguire Lisa J
Seller's Agent
Leslie Giles
James River Realty - Lexington
Buyer's Agent
Lee McLaughlin
J.F. Brown Real Estate Services
List Price
$215,000
Sold Price
$187,500
Premium/Discount to List
-$27,500
-12.79%
Current Estimated Value
$332,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,333
Avg. Annual Appreciation
8.13%

Purchase Details

Closed on
Feb 9, 2011
Sold by
Watkins John C and Watkins Dawn A
Bought by
Watkins John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2009
Sold by
Glassman David J and Glassman Teresa C
Bought by
Watkins John C and Watkins Dawn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
4.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mcguire Patrick L $187,500 None Available
Watkins John C -- None Available
Watkins John C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcguire Patrick L $246,000
Previous Owner Watkins John C $148,000
Previous Owner Watkins John C $148,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2017 09/20/17 Sold $187,500 -12.8% $101 / Sq Ft
09/18/2017 09/18/17 Pending -- -- --
04/05/2017 04/05/17 For Sale $215,000 -- $116 / 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 $1,421 $232,900 $40,000 $192,900
2023 $1,421 $232,900 $40,000 $192,900
2022 $1,462 $197,500 $35,000 $162,500
2021 $1,462 $197,500 $35,000 $162,500
2020 $1,462 $197,500 $35,000 $162,500
2019 $1,442 $197,500 $35,000 $162,500
2018 $1,383 $197,500 $35,000 $162,500
2017 $1,383 $197,500 $35,000 $162,500
2016 $1,336 $181,800 $45,000 $136,800
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2017

    Leslie Giles

    James River Realty - Lexington

  • L

    Buyer's Agent in 2017

    Lee McLaughlin

    J.F. Brown Real Estate Services

See All Agents

Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 131760

APN: 50-A-45

Virginia Rockbridge County Lexington 24450

531 Mount Atlas Rd, Lexington, VA

This home is located at 531 Mount Atlas Rd, Lexington, VA 24450 since 05 April 2017 and is currently estimated at $332,604, approximately $179 per square foot. This property was built in 1840. 531 Mount Atlas Rd is a home located in Rockbridge County with nearby schools including Rockbridge County High School, Rockbridge Christian Academy, and The Rockbridge Christian Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes