NOT LISTED FOR SALE

540 Fairview Place Lexington, VA 24450

Estimated Value: $263,883 - $331,000

3 Beds
3 Baths
1,257 Sq Ft
$232/Sq Ft Est. Value

Last Sold March 25, 2024

Last sale price $290,000 $231 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,770/month

142 Days on Market

About This Home

As of March 2024

Completely renovated on the inside and out - easy walking distance to Washington and Lee and downtown. Ready to move into - vacant easy to show..

Last Agent to Sell the Property

Chy Clark

City & County Real Estate Listed on: 10/06/2023

Co-Listed By

Connie Clark

City & County Real Estate

Last Buyer's Agent

Rona Bruce

James Wm. Moore Real Estate Co.

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,869

Year Built

1913

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: Midland trail to left on Borden Road - turn left on Alum Springs road - then a left onto Fairview place - house on left with sign.
  • HistoricProperty: No
  • Listing Member Name: Chy Clark
  • Listing Office Short Id: CCRE
  • Open House Office I D: 20150612145057194287000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: rona
  • Selling Office Short Id: 78
  • Subdivision Yn: No
  • TotalFinSFApx: 1257.00
  • Year Built: 1913
  • Taxes Dollars: 1054.00
  • TotalAcresApx: 0.23
  • 1StFloorMstrBdrm: Yes
  • PorchDeckPatioPorch: Front
  • StyleTwoStory: YES
  • Type of Construction: Stick Built
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: None
  • Full Bathrooms: 2.00
  • Updated Floor: Ceramic Tile, Wood
  • Half Bathrooms: 1
  • Heat Other: Gas down/electric up
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Appliances Other: stackable washer/dry
  • Has Attic: Drop Stair
  • Lower Floor 1 Bedrooms: 3
  • Fireplace: None
  • Interior Amenities: Ceiling Fan
  • Lower Floor 1 Bedrooms: 5

Exterior Features

  • Exterior: Masonry(Hardy) Plank
  • Exterior Features: Ceiling Fan(s), Porch-Front, Porch-Open, Porch-Rear
  • Road Frontage: City Street
  • Roof: Metal
  • Street: Fairview
  • Tax Rate: 1.06
  • Flood Zone: SW
  • Topography: Level
  • Exterior Features: Porch

Garage/Parking

  • Garage Spaces: None

Utilities

  • Cooling: Central Cooling
  • Heating: Forced Air, Gas, Heat Pump(s), Zoned Heat
  • Sewer: Public Sewer
  • Utilities Available: Electric, Gas, 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: Residential
  • Current Use: Investment

Tax Info

  • Tax Map Number: 14 1 4
  • Tax Year: 2023

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

Mortgage History

Date Status Borrower Loan Amount
Closed Diette Courtney Leigh Morris $232,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2024 03/25/24 Sold $290,000 -3.3% $231 / Sq Ft
02/25/2024 02/25/24 Pending -- -- --
01/24/2024 01/24/24 Price Changed $300,000 -14.0% $239 / Sq Ft
10/06/2023 10/06/23 For Sale $349,000 +405.8% $278 / Sq Ft
01/26/2022 01/26/22 Sold $69,000 0.0% $61 / Sq Ft
12/08/2021 12/08/21 Pending -- -- --
11/26/2021 11/26/21 For Sale $69,000 -- $61 / 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 $1,869 $203,065 $40,000 $163,065
2023 $914 $99,448 $40,000 $59,448
2022 $706 $76,717 $40,000 $36,717
2021 $750 $70,831 $37,500 $33,331
2020 $750 $70,831 $37,500 $33,331
2019 $733 $70,831 $37,500 $33,331
2018 $733 $70,800 $37,500 $33,300
2017 $872 $78,600 $37,500 $41,100
2016 $857 $78,600 $37,500 $41,100
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chy Clark

    Seller's Agent in 2024

    Chy Clark

    City & County Real Estate

    (540) 570-7158

    37 in this area

    74 Total Sales

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  • Connie Clark

    Seller Co-Listing Agent in 2024

    Connie Clark

    City & County Real Estate

    (540) 463-7400

    42 in this area

    86 Total Sales

    Section Image
  • Rona Bruce

    Buyer's Agent in 2024

    Rona Bruce

    James Wm. Moore Real Estate Co.

    (540) 460-3826

    71 in this area

    128 Total Sales

    Section Image

  • L

    Seller's Agent in 2022

    Lana Nicely

    Flint Realty LLC

    (540) 377-6380

    48 in this area

    144 Total Sales

    Section Image
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Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 138051

APN: 14-1-4

Virginia Lexington City County Lexington 24450

540 Fairview Place, Lexington, VA

This home is located at 540 Fairview Place, Lexington, VA 24450 since 06 October 2023 and is currently estimated at $292,221, approximately $232 per square foot. This property was built in 1913. 540 Fairview Place 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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