NOT LISTED FOR SALE

534 Borden Rd Lexington, VA 24450

Lexington Area

Estimated Value: $256,000 - $291,493

3 Beds
3 Baths
1,136 Sq Ft
$238/Sq Ft Est. Value

Sale Details

Date Sold: October 6, 2017

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

Est. 107% increase in value since last sale

Current estimated payment $1,618 / mo

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.

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,348

Year Built

  • Built in 1938

Lot Details

  • 14,810 Sq Ft 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

0.34 Acres

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

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

Closed on
May 11, 2018
Sold by
Bought by
Current Estimated Value
$269,745

Purchase Details

Listed on
Feb 5, 2016
Closed on
Sep 25, 2017
Sold by
Bought by
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
8.60%

Purchase Details

Closed on
Mar 2, 2015
Sold by
Bought by

Purchase Details

Closed on
Jul 24, 2009
Sold by
Bought by

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Lexington, VA

  • Brandon Black Real Estate Agent - Real Broker, LLC

    Brandon Black

    Real Broker, LLC

    (434) 300-3675

    65 Total Sales

    3 in Lexington

    $255K - $300K Price Range

    Brandon Black
     Section Image
  • Glen Michael Real Estate Agent - GEM Realty Group, LLC

    Glen Michael

    GEM Realty Group, LLC

    (540) 701-3953

    12 Total Sales

    1 in Lexington

    $169,400 Price

    Glen Michael
     Section Image
  • Eric Fletcher Real Estate Agent - PROPERTY MANAGEMENT OF VIRGINIA LC

    Eric Fletcher

    PROPERTY MANAGEMENT OF VIRGINIA LC

    (540) 779-1519

    93 Total Sales

    1 in Lexington

    $347,990 Price

    Eric Fletcher
     Section Image
  • Mary Beth Harris Real Estate Agent - JAMES RIVER REALTY LLC

    Mary Beth Harris

    JAMES RIVER REALTY LLC

    (540) 600-4286

    163 Total Sales

    40 in Lexington

    $65K - $600K Price Range

    Mary Beth Harris
     Section Image
  • David Stull Real Estate Agent - STERLING PROPERTIES & MANAGEMENT LLC

    David Stull

    STERLING PROPERTIES & MANAGEMENT LLC

    (540) 600-4933

    55 Total Sales

    21 in Lexington

    $65K - $985K Price Range

    David Stull
     Section Image
  • Matthias John Real Estate Agent - CORCORAN WILEY-CHARLOTTESVILLE

    Matthias John

    CORCORAN WILEY-CHARLOTTESVILLE

    (434) 443-8900

    63 Total Sales

    1 in Lexington

    $1,200,000 Price

    Matthias John
     Section Image
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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
-- None Available
$130,000 None Available
-- None Available
$153,000 None Available
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $200,000
Closed $191,250
Previous Owner $160,000
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
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

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 $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

  • MH

    Seller's Agent in 2017

    Melissa Hennis

    James River Realty - Lexington

  • Will Moore Real Estate Agent - James Wm. Moore Real Estate Co.

    Buyer's Agent in 2017

    Will Moore

    James Wm. Moore Real Estate Co.

    (540) 460-4602

    304 Total Sales

    Will Moore
    Section Image
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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

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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.

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