NOT LISTED FOR SALE

550 Borden Rd Unit A1 Lexington, VA 24450

Estimated Value: $141,000 - $165,318

2 Beds
2 Baths
806 Sq Ft
$90/mo HOA Fee

Last Sold June 27, 2024

Last sale price $142,000 $176 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $986/month

3 Days on Market

Highlights

  • Multiple Fireplaces
  • Concrete Block With Brick
  • 1-Story Property
  • Screened Porch
  • Bathroom on Main Level
  • Forced Air Heating and Cooling System

About This Home

As of June 2024

Unit A1. Exciting opportunity to purchase a 2 bedroom, 2 bathroom condo in Borden Commons! This property offers a living room, dining area, kitchen, and sizable bedrooms with bathrooms. A screened porch, accessed from the living room, provides natural light, a private outdoor space, and additional storage. Unit is located on the ground level with convenient access to parking and common spaces. Washer and dryer are within the unit. Located just minutes from Washington & Lee University, Virginia Military Institute, and Historic Downtown Lexington.

Last Agent to Sell the Property

KITTY BURKE

EXP REALTY LLC License #0225236931 Listed on: 05/26/2024

EXP REALTY LLC

Last Buyer's Agent

NONMLSAGENT NONMLSAGENT

NONMLSOFFICE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $647

Year Built

  • Built in 1986

Lot Details

  • 1,742

HOA Fees

  • $90 Monthly HOA Fees

Home Design

  • Concrete Block With Brick
  • Composition Shingle Roof

Interior Spaces

  • 806 Sq Ft Home
  • 1-Story Property
  • Multiple Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Screened Porch
  • Stacked Washer and Dryer

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Cable TV Available

Community Details

  • Community Storage Space

Listing and Financial Details

  • Assessor Parcel Number 61C 1 A1

Property Details

Home Type

Condominium

Est. Annual Taxes

$647

Year Built

Built in 1986

Lot Details

0

HOA Fees

$90 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Condo
  • Above Grade Finished Sq Ft: 806
  • L V T Date: 05/26/2024
  • Nameof Property: Borden Commons
  • Parcel Number: 61C 1 A1
  • Price Per Sq Ft: 176.18
  • Property Included: Stackable Clothes Washer and Dryer, Dishwasher, Refrigerator, Microwave, Electric Range - All convey As Is
  • Total Sq Ft: 806
  • Type of Construction: On Site Built
  • Zoning: R-1 Residential General
  • Subdivision: NONE
  • Comments: Yes
  • Concatenated Rooms1: |Living Roo1|Dining Roo1|Kitchen1|Bedroom1|Bedroom1|Full Bath1|Full Bath1|Other1|
  • Structures Deck Porch: Porch - Rear, Porch - Screened
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Fireplace: One
  • Laundry: Dryer, Stack Unit, Washer
  • Room 1: Living Room,12x14,On Level: 1
  • Room 2: Dining Room,6x10,On Level: 1
  • Room 3: Kitchen,6x10,On Level: 1
  • Room 4: Bedroom,10x12,On Level: 1
  • Room 5: Bedroom,10x12,On Level: 1
  • Room 6: Full Bath,On Level: 1
  • Room 7: Full Bath,On Level: 1
  • Room 8: Other,Porch 6x13,On Level: 1
  • Total Finished Sq Ft: 806
  • Above Grade Finished Sq Ft: 806
  • Fireplace Location: Living Room
  • Foundation: Concrete Block
  • Kitchen Appliances Feat: Dishwasher, Microwave, Refrigerator, Electric Cooktop
  • Kitchen Cabinets Counters: Solid Surface Counter
  • Level: 1 Story
  • Bathrooms: 2
  • Number of Main Level Bathrooms: 2
  • Number Beds: 2
  • Number Beds Main Level: 2
  • Full Bathrooms: 2
  • Room Types: Bedroom, Dining Room, Full Bath, Kitchen, Living Room
  • Room Types Level1: Bedroom (L1), Dining Room (L1), Full Bath (L1), Kitchen (L1), Living Room (L1)
  • Source of Sq Ft: Public Records

Exterior Features

  • Number Of Acres: 0.04
  • Roof: Composition Shingle
  • Structure Floors: Carpet, Laminate

Utilities

  • Cooling: Central AC
  • Heating: Forced Air, Heat Pump
  • Cable Available: Cable
  • Sewer/Septic System: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • HOA/COA Amenities: Extra Storage
  • Association Fee: HOA
  • Association Frequency: Monthly
  • Association Fee: 90

Schools

  • Elementary School: Central (Rockbridge)
  • Middle School: Maury River
  • High School: Rockbridge

Building Info

  • Year Built: 1986

Tax Info

  • Year: 2023
  • Taxes: 647

MLS Schools

  • HighSchool: Rockbridge
  • Middle School: Maury River
  • Elementary School: Central (Rockbridge)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2024
Closed on
Jun 17, 2024
Sold by
Goehring Alexander B
Bought by
Dma Properties Llc
Seller's Agent
KITTY BURKE
EXP REALTY LLC
Buyer's Agent
NONMLSAGENT NONMLSAGENT
NONMLSOFFICE
List Price
$149,000
Sold Price
$142,000
Premium/Discount to List
-$7,000
-4.7%
Views
16
Current Estimated Value
$153,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,698
Avg. Annual Appreciation
7.26%
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
Dma Properties Llc $142,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2024 06/27/24 Sold $142,000 -4.7% $176 / Sq Ft
05/29/2024 05/29/24 Pending -- -- --
05/26/2024 05/26/24 For Sale $149,000 -- $185 / Sq Ft
Source: Charlottesville Area Association of 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 $647 $106,100 $9,200 $96,900
2023 $647 $106,100 $9,200 $96,900
2022 $685 $92,600 $15,000 $77,600
2021 $685 $92,600 $15,000 $77,600
2020 $685 $92,600 $15,000 $77,600
2019 $676 $92,600 $15,000 $77,600
2018 $648 $92,600 $15,000 $77,600
2017 $648 $92,600 $15,000 $77,600
2016 $587 $79,900 $20,000 $59,900
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: Charlottesville Area Association of REALTORS®

MLS Number: 653335

Charlottesville Area Association of REALTORS®

APN: 61C 1 A1