NOT LISTED FOR SALE

534 Borden Rd Lexington, VA 24450

Estimated Value: $258,703 - $292,000

3 Beds
3 Baths
1,136 Sq Ft
$237/Sq Ft Est. Value

Last Sold October 06, 2017

Last sale price $130,000 $114 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $1,603/month

591 Days on Market

About This Home

As of October 2017

Well-built cottage located just minutes from Historic Lexington. Home is walking distance to W&L campus, Lime Kiln Theater, and downtown Lexington. This home features oak hardwood floors throughout, horse hair plaster walls, 9 foot ceilings, updated bathrooms with tile floors, high efficiency laundry, kitchen with GE Stainless appliances, and a small basement efficiency apartment with a separate entrance. Home provides plenty of outdoor space including two covered porches, and a deck, as well as a large beautiful yard with numerous senior sugar maple trees providing plenty of natural shade. Also includes a detached single car garage with wood shop. Now vacant and easy to show. Great investment opportunity!

Last Agent to Sell the Property

Melissa Hennis

James River Realty - Lexington Listed on: 02/05/2016

Last Buyer's Agent

Will Moore

James Wm. Moore Real Estate Co.

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,668

Year Built

1938

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: 60W to Left on Borden Rd. to house on left.
  • HistoricProperty: No
  • Listing Member Name: Melissa C. Hennis
  • Listing Office Short Id: jrrlex
  • Open House Office I D: 20080325192429605012000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: JWMJ
  • Selling Office Short Id: 78
  • Subdivision Yn: No
  • TotalFinSFApx: 1136.00
  • Year Built: 1938
  • Taxes Dollars: 1348.00
  • TotalAcresApx: 0.34
  • 1StFloorMstrBdrm: Yes
  • PorchDeckPatioDeck: Side
  • PorchDeckPatioPatio: Side
  • PorchDeckPatioPorch: Front
  • Building Style: Cottage
  • Type of Construction: Stick Built
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Heated, Interior Access, Partially Finished, Slab, Walkout
  • Full Bathrooms: 3.00
  • Updated Floor: Vinyl, Wood
  • Appliances: As Is, Dishwasher, Dryer, Electric Range, Refrigerator, Washer, Washer Hookup
  • Has Attic: None
  • Lower Floor 1 Bedrooms: 3
  • Fireplace: None
  • Lower Floor 1 Bedrooms: 7

Exterior Features

  • Easements: Unknown
  • Exterior: Aluminum
  • Flood Zone: Minimal
  • Road Frontage: City Street, Paved Road
  • Roof: Metal
  • Street: Borden
  • Surface Water: None
  • Tax Rate: 1.09/100
  • Flood Zone: NW
  • Out Buildings: Garage
  • Topography: Level
  • Exterior Features: Covered Porch, Deck, Garden Space, Paved Driveway, Porch, Storage Shed, Workshop

Garage/Parking

  • Garage Spaces: Detached, Single, Storage, Workshop

Utilities

  • Cooling: Central Cooling, Heat Pump Electric
  • Heating: Electric, Forced Air, Gas
  • Sewer: Public Sewer
  • Utilities Available: Cable, Electric, Public Sewer, Public Water
  • Water: Public Water
  • Water Heater: Electric

Schools

  • Elementary School: Waddell
  • Middle School: Lylburn Downing
  • High School: Rockbridge Co
  • Elementary School: Waddell
  • High School: Rockbridge Co
  • Middle School: Lylburn Downing

Lot Info

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

Tax Info

  • Tax Map Number: 1511
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2018
Sold by
Frenzel Louis E
Bought by
Frenzel Louis E and Frenzel Janet
Current Estimated Value
$269,176

Purchase Details

Listed on
Feb 5, 2016
Closed on
Sep 25, 2017
Sold by
Hennis John Patrick
Bought by
King Matthew C Q and King Julie A
Seller's Agent
Melissa Hennis
James River Realty - Lexington
Buyer's Agent
Will Moore
James Wm. Moore Real Estate Co.
List Price
$189,900
Sold Price
$130,000
Premium/Discount to List
-$59,900
-31.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.89%

Purchase Details

Closed on
Mar 2, 2015
Sold by
Unknown Unknown
Bought by
Unknown Unknown

Purchase Details

Closed on
Jul 24, 2009
Sold by
Dudley Glenn Edward and Dudley Susie V
Bought by
Hennis John Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6%
Mortgage Type
New Conventional
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
Frenzel Louis E -- None Available
King Matthew C Q $130,000 None Available
Unknown Unknown -- None Available
Hennis John Patrick $153,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Oak Hill Llc $200,000
Closed King Matthew C Q $191,250
Previous Owner Hennis John Patrick $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2017 10/06/17 Sold $130,000 -31.5% $114 / Sq Ft
09/18/2017 09/18/17 Pending -- -- --
02/05/2016 02/05/16 For Sale $189,900 -- $167 / 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 $1,668 $196,388 $45,000 $151,388
2023 $1,750 $196,388 $45,000 $151,388
2022 $1,750 $196,388 $45,000 $151,388
2021 $1,750 $168,391 $42,500 $125,891
2020 $1,750 $165,094 $42,500 $122,594
2019 $1,709 $165,094 $42,500 $122,594
2018 $1,452 $165,100 $42,500 $122,600
2017 -- $104,200 $40,000 $64,200
2016 $1,136 $104,200 $40,000 $64,200
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Melissa Hennis

    James River Realty - Lexington

  • Will Moore

    Buyer's Agent in 2017

    Will Moore

    James Wm. Moore Real Estate Co.

    (540) 460-4602

    125 in this area

    339 Total Sales

    Will Moore
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Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 130262

APN: 15 1 1

Virginia Lexington City County Lexington 24450

534 Borden Rd, Lexington, VA

This home is located at 534 Borden Rd, Lexington, VA 24450 since 05 February 2016 and is currently estimated at $269,176, approximately $236 per square foot. This property was built in 1938. 534 Borden Rd is a home located in Lexington City with nearby schools including Harrington Waddell Elementary School, Lylburn Downing Middle School, and Earthsong Community School.

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