NOT LISTED FOR SALE

535 Borden Rd Lexington, VA 24450

Estimated Value: $223,000 - $248,000

2 Beds
1 Bath
1,168 Sq Ft
$199/Sq Ft Est. Value

Sale Details

Date Sold: October 26, 2022

Last sale price $170,000 $146 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,355 / mo

54 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Front Porch
  • Harrington Waddell Elementary School Rated A
  • No HOA
  • Shed

About This Home

As of October 2022

Sweet Bungalow is move in ready and abounds with possibilities. Its .36 acres provides room for expansion of the two-bedroom, one bath footprint or lots of room for outdoor entertaining and sports activities. Walking distance to W&L and VMI campuses, shopping and restaurants in downtown Lexington. Great for everyday living or weekend get aways to enjoy W&L and VMI activities. Come make it yours!

Last Agent to Sell the Property

Lori Sadler

Lexington Real Estate Connection Listed on: 07/28/2022

Last Buyer's Agent

Will Moore

James Wm. Moore Real Estate Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,554

Lot Details

  • 15,682 Sq Ft Lot
  • Level Lot
  • Open Lot

Parking

  • No Garage

Home Design

  • Ranch Style House
  • Metal Roof
  • Asbestos Siding
  • Stick Built Home

Interior Spaces

  • 1,168 Sq Ft Home
  • Scuttle Attic Hole
  • Gas Range
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Dirt Floor

Outdoor Features

  • Shed
  • Front Porch

Location

  • Flood Zone Lot

Schools

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 15 1 3

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,554

Lot Details

0.36 Acres

Listing Details

  • ConservationEsmnt: No
  • Directions: Nelson St/Rt. 60 west to left at Borden Rd continue right property on left see Lexington Real Estate Connection sign
  • HistoricProperty: No
  • Listing Member Name: Lori Sadler
  • Listing Office Short Id: 80
  • Open House Office I D: 20061211170241366991000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: JWMJ
  • Subdivision Yn: No
  • TotalFinSFApx: 1168.00
  • Taxes Dollars: 1554.00
  • TotalAcresApx: 0.36
  • 1StFloorMstrBdrm: Yes
  • PorchDeckPatioPorch: Front
  • StyleRanch: YES
  • Type of Construction: Stick Built
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Dirt Floor, Full, Unfinished
  • Full Bathrooms: 1.00
  • Updated Floor: Vinyl, Wood
  • Appliances: As Is, Dryer Hookup, Gas Range, Refrigerator, Washer Hookup
  • Has Attic: Scuttle
  • Lower Floor 1 Bedrooms: 2
  • Fireplace: None
  • Lower Floor 1 Bedrooms: 6

Exterior Features

  • Exterior: Asbestos
  • Exterior Features: Cable Available, Porch-Front, Porch-Open, Shed
  • Road Frontage: City Street, Paved Road
  • Roof: Metal
  • Street: Borden
  • Surface Water: None
  • Tax Rate: 1.11
  • Flood Zone: SW
  • Topography: Level, Open
  • Exterior Features: Porch

Garage/Parking

  • Garage Spaces: None

Utilities

  • Cooling: No Cooling System
  • Heating: Forced Air, Gas
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Natural Gas

Schools

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

Lot Info

  • Zoning: Residential
  • Best Use: Residential
  • Current Use: Residential

Tax Info

  • Tax Map Number: 15 1 3
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2022
Closed on
Oct 13, 2022
Sold by
Ackerman Paul J
Bought by
Somerville Matthew Joseph and Somerville Katherine M
Seller's Agent
Lori Sadler
Lexington Real Estate Connection
Buyer's Agent
Will Moore
James Wm. Moore Real Estate Co.
List Price
$195,000
Sold Price
$170,000
Premium/Discount to List
-$25,000
-12.82%
Current Estimated Value
$232,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,467
Avg. Annual Appreciation
9.30%
Original Mortgage
$136,000
Outstanding Balance
$130,854
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$101,613

Purchase Details

Closed on
Apr 3, 2006
Sold by
Rowsey Willis L and Rowsey Shirley N
Bought by
Ackerman Paul J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
6.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2004
Sold by
Rowsey Charles L
Bought by
Rowsey Willis L and Rowsey Shirley N
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Somerville Matthew Joseph $170,000 --
Ackerman Paul J -- None Available
Rowsey Willis L $48,624 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Somerville Matthew Joseph $136,000
Previous Owner Ackerman Paul J $112,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2022 10/26/22 Sold $170,000 -12.8% $146 / Sq Ft
09/20/2022 09/20/22 Pending -- -- --
07/28/2022 07/28/22 For Sale $195,000 -- $167 / Sq Ft
Source: Rockbridge Highlands REALTORS®

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 $1,476 $140,500 $45,000 $95,500
2024 $13 $140,544 $45,000 $95,544
2023 $1,144 $140,544 $45,000 $95,544
2022 $1,144 $140,544 $45,000 $95,544
2020 $1,144 $107,897 $42,500 $65,397
2019 $1,196 $107,897 $42,500 $65,397
2018 $1,196 $107,900 $42,500 $65,400
2017 -- $93,100 $42,500 $50,600
2016 $1,015 $93,100 $42,500 $50,600
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 137110

APN: 15 1 3

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