NOT LISTED FOR SALE

534 Borden Rd Lexington, VA 24450

Estimated Value: $259,000 - $289,000

3 Beds
3 Baths
1,136 Sq Ft
$236/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 $1,535/month

591 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • No HOA
  • Harrington Waddell Elementary School Rated A
  • Main Floor Primary Bedroom
  • Cottage

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

  • $1,348

Year Built

  • Built in 1938

Lot Details

  • 0.34 Acre Lot
  • Level Lot
  • Garden

Home Design

  • 1,136 Sq Ft Home
  • Cottage
  • Slab Foundation
  • Metal Roof
  • Aluminum Siding
  • Stick Built Home

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Interior Basement Entry

Parking

  • 1 Car Detached Garage
  • Parking Storage or Cabinetry
  • Workshop in Garage
  • Driveway

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Storage Shed

Location

  • Flood Zone Lot

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1511

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,348

Year Built

Built in 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
  • 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
  • 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
$269,683

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
9.14%

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
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
Previous Owner Hennis John Patrick $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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
2025 $1,668 $196,400 $45,000 $151,400
2024 $17 $196,388 $45,000 $151,388
2023 $1,750 $196,388 $45,000 $151,388
2022 $1,750 $196,388 $45,000 $151,388
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

    126 in this area

    342 Total Sales

    Will Moore
    Section Image
See All Agents

Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 130262

APN: 15 1 1

Virginia Lexington City County Lexington 24450

534 Borden Rd, Lexington, VA

Not Listed for Sale

Detached

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