NOT LISTED FOR SALE

550 Borden Rd Unit B11 Lexington, VA 24450

Estimated Value: $115,000 - $140,512

1 Bed
1 Bath
591 Sq Ft
$90/mo HOA Fee

Last Sold July 12, 2024

Last sale price $120,000 $203 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $820/month

25 Days on Market

Highlights

  • Rear Porch
  • Living Room
  • 1-Story Property
  • Concrete Block With Brick
  • Bathroom on Main Level
  • Forced Air Heating and Cooling System

About This Home

As of July 2024

Unit B11. Welcome to Borden Commons! This 1 bedroom, 1 bathroom condo offers a perfect blend of comfort and convenience. Bathed in natural light, the open-concept layout seamlessly connects the living, dining, and kitchen areas, providing an ideal space for relaxation and entertainment. Property offers a generous bedroom, multiple storage closets, and a washer and dryer within the unit. There is a lovely balcony off the dining area, ideal for savoring that morning cup of coffee. Conveniently located in close proximity to Washington & Lee University, Virginia Military Institute, and Historic Downtown Lexington. Leased through 7/31/2025.

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

  • $492

Year Built

  • Built in 1985

Lot Details

  • 1,742

HOA Fees

  • $90 Monthly HOA Fees

Home Design

  • Concrete Block With Brick
  • Composition Shingle Roof

Interior Spaces

  • 591 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Utility Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Rear Porch

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 2 B11

Property Details

Home Type

Condominium

Est. Annual Taxes

$492

Year Built

Built in 1985

Lot Details

0

HOA Fees

$90 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Condo
  • Above Grade Finished Sq Ft: 591
  • L V T Date: 05/26/2024
  • Nameof Property: Borden Commons
  • Parcel Number: 61C 2 B11
  • Price Per Sq Ft: 203.05
  • Property Included: Clothes Washer, Clothes Dryer, Dishwasher, Refrigerator, Microwave, Electric Range - All convey As Is
  • Total Sq Ft: 591
  • Type of Construction: On Site Built
  • Zoning: R-1 Residential General
  • Subdivision: NONE
  • Comments: Yes
  • Concatenated Rooms1: |Living Roo1|Dining Roo1|Kitchen1|Bedroom1|Full Bath1|Utility Ro1|
  • Structures Deck Porch: Porch - Rear
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Laundry: Dryer, Washer
  • Room 1: Living Room,13.11x11,On Level: 1
  • Room 2: Dining Room,10.3x8,On Level: 1
  • Room 3: Kitchen,7.1x7.1,On Level: 1
  • Room 4: Bedroom,14x10,On Level: 1
  • Room 5: Full Bath,On Level: 1
  • Room 6: Utility Room,4x6,On Level: 1
  • Total Finished Sq Ft: 591
  • Above Grade Finished Sq Ft: 591
  • Foundation: Concrete Block
  • Kitchen Appliances Feat: Dishwasher, Electric Range, Microwave, Refrigerator
  • Level: 1 Story
  • Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Number Beds: 1
  • Number Beds Main Level: 1
  • Full Bathrooms: 1
  • Room Types: Bedroom, Dining Room, Full Bath, Kitchen, Living Room, Utility Room
  • Room Types Level1: Bedroom (L1), Dining Room (L1), Full Bath (L1), Kitchen (L1), Living Room (L1), Utility 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: Electric, 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: 1985

Tax Info

  • Year: 2023
  • Taxes: 492

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 16, 2007
Sold by
Pharr Louise York
Bought by
Pharr Arthur Lafayette and Arthur Lafayette Pharr Family Trust Unde
Current Estimated Value
$125,863
Source: Public Records

Range of Values:

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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
Pharr Arthur Lafayette -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2024 07/12/24 Sold $120,000 -3.2% $203 / Sq Ft
06/20/2024 06/20/24 Pending -- -- --
05/26/2024 05/26/24 For Sale $124,000 -- $210 / 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 $492 $80,700 $6,800 $73,900
2023 $492 $80,700 $6,800 $73,900
2022 $543 $73,400 $15,000 $58,400
2021 $543 $73,400 $15,000 $58,400
2020 $543 $73,400 $15,000 $58,400
2019 $536 $73,400 $15,000 $58,400
2018 $514 $73,400 $15,000 $58,400
2017 $514 $73,400 $15,000 $58,400
2016 $467 $63,500 $20,000 $43,500
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2024

    KITTY BURKE

    EXP REALTY LLC

    Section Image

  • N

    Buyer's Agent in 2024

    NONMLSAGENT NONMLSAGENT

    NONMLSOFFICE

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Map

Source: Charlottesville Area Association of REALTORS®

MLS Number: 653336

Charlottesville Area Association of REALTORS®

APN: 61C-2-B11

Virginia Rockbridge County Lexington 24450

550 Borden Rd Unit B11, Lexington, VA

This home is located at 550 Borden Rd Unit B11, Lexington, VA 24450 since 26 May 2024 and is currently estimated at $128,378, approximately $217 per square foot. This property was built in 1985. 550 Borden Rd Unit B11 is a home located in Rockbridge County with nearby schools including Rockbridge County High School and Earthsong Community School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Charlottesville Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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