NOT LISTED FOR SALE

55 Patrick Dr Lexington, VA 24450

Estimated Value: $273,410 - $308,000

3 Beds
2.5 Baths
2,004 Sq Ft
$143/Sq Ft Est. Value

Last Sold November 19, 2021

Last sale price $199,500 $100 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,604/month

40 Days on Market

Highlights

  • Home fronts a creek
  • Wood Burning Stove
  • Ranch Style House
  • Deck
  • Den with Fireplace
  • No HOA

About This Home

As of November 2021

Picturesque ranch-style home minutes from Lexington featuring a BRAND-NEW ROOF, spacious rear deck, and bright interior. An eat in kitchen, living room, three bedrooms and one and a half baths provide ample space for a growing family. The walk-out basement is partially finished with office space and a cozy den - complete with a wood stove. A workshop currently occupies the unfinished portion of the basement, but it could be transformed or finished to complete the basement level. A must see!

Last Agent to Sell the Property

Zachary Rhodenizer

Lexington Real Estate Connection Listed on: 08/14/2021

Last Buyer's Agent

Kara Braddick

Real Broker LLC

Real Broker LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,036

Year Built

  • Built in 1974

Lot Details

  • 0.27 Acre Lot
  • Home fronts a creek
  • Property fronts a state road
  • Creek or Stream
  • Lot Has A Rolling Slope
  • Garden
  • Subdivision Possible

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Shingle Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 2,004 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Stove
  • Bay Window
  • Den with Fireplace
  • Workshop
  • Scuttle Attic Hole

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • No Garage
  • Driveway

Outdoor Features

  • Deck
  • Patio
  • Outdoor Fireplace
  • Front Porch

Location

  • Flood Zone Lot

Schools

  • Central Elementary School
  • Maury River Middle School
  • Rockbridge Co High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Meadowview Subdivision

Listing and Financial Details

  • Assessor Parcel Number 62A1029

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,036

Year Built

Built in 1974

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: Take Rt 11 north, take a left onto Maury River Rd, right onto Valley Pike, left onto Patrick Drive to property on the left
  • HistoricProperty: No
  • Listing Member Name: Zachary Rhodenizer
  • Listing Office Short Id: 80
  • Open House Office I D: 20061211170241366991000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: karaf
  • Subdivision Name: Meadowview
  • Subdivision Yn: Yes
  • TotalFinSFApx: 2004.00
  • Year Built: 1974
  • Taxes Dollars: 1036.00
  • TotalAcresApx: 0.27
  • 1StFloorMstrBdrm: Yes
  • PorchDeckPatioDeck: Rear
  • PorchDeckPatioPorch: Front
  • StyleRanch: YES
  • Type of Construction: Brick, Stick Built
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Area Remarks: Meadowview Subdivision
  • Has Basement: Full, Interior Access, Partially Finished, Walkout
  • Full Bathrooms: 1.50
  • Updated Floor: Carpet, Laminate, Tile
  • Half Bathrooms: 1
  • Roof Other: New Roof, July 2021
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Has Attic: Scuttle
  • Lower Floor 1 Bedrooms: 3
  • Fireplace: Wood Stove
  • Fireplace Location: Den
  • Interior Amenities: Ceiling Fan, Workshop
  • Lower Floor 1 Bedrooms: 5

Exterior Features

  • Easements: Sewer
  • Exterior: Brick, Wood
  • Exterior Features: Ceiling Fan(s), Creek Frontage, Deck-Rear, Fireplace, Patio-Front, Paved Driveway, Wood Stove, Workshop
  • Road Frontage: State Road
  • Roof: Shingle
  • Street: Patrick
  • Surface Water: Creek/Stream
  • Tax Rate: 0.74
  • Flood Zone: NE
  • Topography: Rolling
  • Exterior Features: Bay Window, Deck, Garden Space, Paved Driveway, Porch

Garage/Parking

  • Garage Spaces: None

Utilities

  • Cooling: Central Cooling
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Utilities Available: Electric, Public Sewer, Public Water
  • Water: Public Water
  • Water Heater: Electric

Schools

  • Elementary School: Central
  • High School: Rockbridge Co
  • Middle School: Maury River

Lot Info

  • Future Land Use: No
  • Zoning: Residential
  • Best Use: Investment, Residential
  • Current Use: Residential

Green Features

  • Energy Features: Wood Stove

Tax Info

  • Tax Map Number: 62A1029
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2021
Closed on
Oct 1, 2021
Sold by
Vest Jamie L
Bought by
Armstrong Ryan P and Shelton Ellie R
Seller's Agent
Zachary Rhodenizer
Lexington Real Estate Connection
Buyer's Agent
Kara Braddick
Real Broker LLC
List Price
$218,000
Sold Price
$199,500
Premium/Discount to List
-$18,500
-8.49%
Current Estimated Value
$286,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,853
Avg. Annual Appreciation
8.90%
Original Mortgage
$159,600
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 9, 2014
Closed on
Jul 14, 2014
Sold by
Rachels David A and Rachels Angela F
Bought by
Vest Jamie L
Seller's Agent
Rick Alford
Lexington Real Estate Connection
Buyer's Agent
Charles Hileman
Valley Real Estate Brokers LLC
List Price
$149,000
Sold Price
$131,500
Premium/Discount to List
-$17,500
-11.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.91%
Original Mortgage
$138,775
Interest Rate
4.09%
Mortgage Type
New Conventional
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
Armstrong Ryan P $199,500 None Available
Vest Jamie L $131,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Armstrong Ryan P $159,600
Previous Owner Vest Jamie L $138,775
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/19/2021 11/19/21 Sold $199,500 -8.5% $100 / Sq Ft
09/23/2021 09/23/21 Pending -- -- --
08/14/2021 08/14/21 For Sale $218,000 +65.8% $109 / Sq Ft
08/19/2014 08/19/14 Sold $131,500 -11.7% $66 / Sq Ft View Prior Sale
08/18/2014 08/18/14 Pending -- -- --
05/09/2014 05/09/14 For Sale $149,000 -- $74 / 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 $1,406 $219,700 $45,000 $174,700
2024 $13 $219,700 $45,000 $174,700
2023 $1,340 $219,700 $45,000 $174,700
2022 $1,036 $140,000 $40,000 $100,000
2021 $1,036 $140,000 $40,000 $100,000
2020 $1,036 $140,000 $40,000 $100,000
2019 $1,022 $140,000 $40,000 $100,000
2018 $980 $140,000 $40,000 $100,000
2017 $980 $140,000 $40,000 $100,000
2016 $1,137 $154,700 $50,000 $104,700
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Zachary Rhodenizer

    Seller's Agent in 2021

    Zachary Rhodenizer

    Lexington Real Estate Connection

    (540) 463-2016

    5 in this area

    18 Total Sales

    Zachary Rhodenizer
    Section Image
  • Kara Braddick

    Buyer's Agent in 2021

    Kara Braddick

    Real Broker LLC

    (540) 460-0484

    75 in this area

    104 Total Sales

    Kara Braddick
    Section Image

  • l

    Buyer's Agent in 2021

    lbr.rets.karaf

    lbr.rets.RETS_OFFICE

  • R

    Seller's Agent in 2014

    Rick Alford

    Lexington Real Estate Connection

    Section Image

  • N

    Seller Co-Listing Agent in 2014

    Natalie Shulkin

    Lexington Real Estate Connection

  • C

    Buyer's Agent in 2014

    Charles Hileman

    Valley Real Estate Brokers LLC

See All Agents

Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 136313

APN: 62A-10-29

Virginia Rockbridge County Lexington 24450

55 Patrick Dr, Lexington, VA

Not Listed for Sale

Detached

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