NOT LISTED FOR SALE

5493 S Lee Hwy Natural Bridge, VA 24578

Natural Bridge Neighborhood

Estimated Value: $218,000 - $314,000

2 Beds
2 Baths
1,484 Sq Ft
$177/Sq Ft Est. Value

Last Sold July 12, 2018

Last sale price $159,900 $108 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,520/month

217 Days on Market

About This Home

As of July 2018

Back on the market and better than ever -- immaculate ranch on full utility bst, dry and great for workroom or storage. Sleek modern inside with newer heating and air systems, wiring, and spa-like bathroom with jetted tub, nice rear deck, new kitchen floor, new closet in guest room upgraded within closet. Great value and close to Lexington and NB off RT11.

Last Agent to Sell the Property

Janie Harris

James River Realty - Lexington Listed on: 10/27/2017

Last Buyer's Agent

Janie Harris

James River Realty - Lexington Listed on: 10/27/2017

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,118

Year Built

1951

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: Directions
  • HistoricProperty: No
  • Listing Member Name: Jane Harris
  • Listing Office Short Id: jrrlex
  • Open House Office I D: 20080325192429605012000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: janie2
  • Selling Office Short Id: jrrlex
  • Subdivision Yn: No
  • TotalFinSFApx: 1484.00
  • Year Built: 1951
  • Taxes Dollars: 943.60
  • TotalAcresApx: 1.72
  • 1StFloorMstrBdrm: No
  • StyleRanch: YES
  • Type of Construction: Stick Built
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Full, Partially Finished
  • Full Bathrooms: 2.00
  • Updated Floor: Carpet, Laminate, Tile, Vinyl
  • Appliances: As Is, Dishwasher, Dryer Hookup, Electric Range, Gas Range, Ice Maker, Intercom, Microwave, Oven, Refrigerator, Smoke Detector, Washer Hookup
  • Has Attic: Scuttle
  • Lower Floor 1 Bedrooms: 2
  • Fireplace Location: Living Room
  • Fireplace Other: freestanding propane
  • Interior Amenities: Alarm, Breakfast Area, Ceiling Fan, Jetted Tub, Storage, Walk-in Closet, Workshop
  • Lower Floor 1 Bedrooms: 6

Exterior Features

  • Exterior: Brick, Wood
  • Exterior Features: Cable Available, Ceiling Fan(s), Storm Door-Front
  • Road Frontage: US Highway
  • Roof: Shingle
  • Street: Lee
  • Surface Water: None
  • Tax Rate: 0.70
  • Flood Zone: SW
  • Fencing: None
  • Topography: Open
  • Exterior Features: Deck, Garden Space, Paved Driveway, Porch, Security System, Storage Shed, Sunrise View, Sunset View

Garage/Parking

  • Garage Spaces: None

Utilities

  • Cooling: Central Cooling
  • Heating: Electric, Liquid Propane
  • Water Sewer Other: /
  • Utilities Available: Cable, Electric
  • Water: Well
  • Water Heater: Electric

Schools

  • Elementary School: Natural Bridge
  • Middle School: Central Middle
  • High School: Rockbridge Co
  • Elementary School: Natural Bridge
  • High School: Rockbridge Co
  • Middle School: Central Middle

Lot Info

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

Tax Info

  • Tax Map Number: 106-24-1H1
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2017
Closed on
Jul 10, 2018
Sold by
Hipes Charles L and Hipes Kelly L
Bought by
Buchanan Nancy H
Seller's Agent
Janie Harris
James River Realty - Lexington
Buyer's Agent
Janie Harris
James River Realty - Lexington
List Price
$169,900
Sold Price
$159,900
Premium/Discount to List
-$10,000
-5.89%
Current Estimated Value
$260,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,714
Avg. Annual Appreciation
7.29%
Original Mortgage
$143,900
Outstanding Balance
$125,231
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$137,963

Purchase Details

Listed on
Oct 3, 2012
Closed on
Jan 23, 2013
Sold by
Webb Virgil A and Webb Reginald A
Bought by
Mogensen Gretchen Kem
Seller's Agent
Jeff Black
Lexington Real Estate Connection
Buyer's Agent
Jeff Black
Lexington Real Estate Connection
List Price
$86,000
Sold Price
$72,000
Premium/Discount to List
-$14,000
-16.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.86%
Original Mortgage
$61,200
Interest Rate
3.44%
Mortgage Type
Purchase Money Mortgage
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
Buchanan Nancy H $159,900 Investors Title Insurance Co
Mogensen Gretchen Kem $72,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buchanan Nancy H $143,900
Previous Owner Mogensen Gretchen Kem $61,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2018 07/12/18 Sold $159,900 -5.9% $108 / Sq Ft
06/01/2018 06/01/18 Pending -- -- --
10/27/2017 10/27/17 For Sale $169,900 +14.1% $114 / Sq Ft
08/25/2017 08/25/17 Sold $148,900 -6.4% $100 / Sq Ft
08/24/2017 08/24/17 Pending -- -- --
07/21/2017 07/21/17 For Sale $159,000 +27.2% $107 / Sq Ft
10/16/2015 10/16/15 Sold $125,000 -3.1% $89 / Sq Ft
08/31/2015 08/31/15 Pending -- -- --
07/21/2015 07/21/15 For Sale $129,000 +79.2% $92 / Sq Ft
02/08/2013 02/08/13 Sold $72,000 -16.3% $56 / Sq Ft
01/11/2013 01/11/13 Pending -- -- --
10/03/2012 10/03/12 For Sale $86,000 -- $67 / 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 $1,118 $183,200 $28,600 $154,600
2023 $1,118 $183,200 $28,600 $154,600
2022 $998 $134,800 $28,600 $106,200
2021 $998 $134,800 $28,600 $106,200
2020 $998 $134,800 $28,600 $106,200
2019 $984 $134,800 $28,600 $106,200
2018 $755 $134,800 $28,600 $106,200
2017 $944 $134,800 $28,600 $106,200
2016 $731 $99,400 $22,300 $77,100
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Janie Harris

    Seller's Agent in 2018

    Janie Harris

    James River Realty - Lexington

    (540) 463-2117

    21 in this area

    124 Total Sales

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  • Barbara Wilhelm

    Seller's Agent in 2017

    Barbara Wilhelm

    Wilhelm & Company Real Estate

    (540) 261-1717

    10 in this area

    96 Total Sales

    Section Image

  • J

    Seller's Agent in 2013

    Jeff Black

    Lexington Real Estate Connection

    (540) 958-0189

    25 in this area

    179 Total Sales

    Section Image
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Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 132404

APN: 106-24-1H1

Virginia Rockbridge County Natural Bridge 24555 Natural Bridge

5493 S Lee Hwy, Natural Bridge, VA

This home is located at 5493 S Lee Hwy, Natural Bridge, VA 24578 since 27 October 2017 and is currently estimated at $263,194, approximately $177 per square foot. This property was built in 1951. 5493 S Lee Hwy is a home located in Rockbridge County with nearby schools including Rockbridge County High School.

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