NOT LISTED FOR SALE

550 Poor House Rd Lexington, VA 24450

Estimated Value: $225,598 - $388,000

3 Beds
1.5 Baths
1,195 Sq Ft
$230/Sq Ft Est. Value

Last Sold October 05, 2018

Last sale price $145,000 $121 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $1,530/month

62 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Views
  • Ranch Style House
  • No HOA
  • Wood Siding

About This Home

As of October 2018

Adorable 3 BD, 1.5 bath Ranch on almost an acre has wonderful views of the Blue Ridge. This country ranch has a full walk-out basement and deck off the eat-in kitchen. Located just a few minutes from Historic Lexington Va, this home is a country charmer.

Last Agent to Sell the Property

Stevie Bond

J.F. Brown Real Estate Services Listed on: 08/03/2018

Last Buyer's Agent

Rodger Rinehart

Mead Associates Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $689

Year Built

  • Built in 1977

Lot Details

  • 0.94 Acre Lot
  • Property fronts an easement
  • Property is zoned Agricultural

Parking

  • No Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,195 Sq Ft Home
  • Partially Finished Basement
  • Walk-Out Basement
  • Scuttle Attic Hole
  • Property Views

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

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

Utilities

  • No Cooling
  • Heating Available
  • Electric Water Heater
  • Septic System

Additional Features

  • Deck
  • Flood Zone Lot

Community Details

  • No Home Owners Association
  • Poorhouse Road Community

Listing and Financial Details

  • Assessor Parcel Number 4971

Home Details

Home Type

Single Family

Est. Annual Taxes

$689

Year Built

Built in 1977

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: Rt 39 to right on Reid Road , bear right on Poor House to home on left.
  • HistoricProperty: No
  • Listing Member Name: Stevie Bond
  • Listing Office Short Id: 121
  • Open House Office I D: 20061211170240860305000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: rodger
  • Selling Office Short Id: 121
  • Subdivision Yn: No
  • TotalFinSFApx: 1195.00
  • Year Built: 1977
  • Taxes Dollars: 689.00
  • TotalAcresApx: 0.94
  • 1StFloorMstrBdrm: Yes
  • PorchDeckPatioDeck: Rear
  • StyleRanch: YES
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Area Remarks: Gorgeous View
  • Has Basement: Partially Finished, Walkout
  • Full Bathrooms: 1.00
  • Updated Floor: Ceramic Tile, Vinyl, Wood
  • Half Bathrooms: 1
  • Appliances: As Is, Dishwasher, Electric Range, Refrigerator
  • Has Attic: Scuttle
  • Lower Floor 1 Bedrooms: 3
  • Fireplace: None
  • Lower Floor 1 Bedrooms: 5

Exterior Features

  • Easements: Power, Water
  • Exterior: Brick, Wood
  • Exterior Features: Deck-Rear
  • Flood Zone: Minimal
  • Roof: Shingle
  • Street: Poor House
  • Tax Rate: ,735
  • Flood Zone: NW
  • Topography: Views
  • Guest House: No

Garage/Parking

  • Garage Spaces: None

Utilities

  • Cooling: No Cooling System
  • Heating: Electric
  • Sewer: Existing Septic
  • Water: Community
  • Water Heater: Electric
  • Domestic Water Other: $26 per month fee

Schools

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

Lot Info

  • Property Name: PoorHouse Road
  • Zoning: Agricultural
  • Best Use: Investment, Residential
  • Current Use: Residential

Tax Info

  • Tax Map Number: 4971
  • Tax Year: 201818

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2018
Closed on
Sep 27, 2018
Sold by
Rosher David J
Bought by
Baxter Callum G
Seller's Agent
Stevie Bond
J.F. Brown Real Estate Services
Buyer's Agent
Rodger Rinehart
Mead Associates Inc
List Price
$149,500
Sold Price
$145,000
Premium/Discount to List
-$4,500
-3.01%
Current Estimated Value
$274,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,900
Avg. Annual Appreciation
6.11%
Original Mortgage
$130,600
Interest Rate
4.5%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 15, 2006
Sold by
Sipos Attila M and Sipos Attila
Bought by
Montgomery John A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,040
Interest Rate
7.12%
Mortgage Type
New Conventional
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
Baxter Callum G $145,000 None Available
Montgomery John A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baxter Callum G $130,600
Closed Baxter Callum G $130,600
Previous Owner Montgomery John A $155,040
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2018 10/05/18 Sold $145,000 -3.0% $121 / Sq Ft
10/04/2018 10/04/18 Pending -- -- --
08/03/2018 08/03/18 For Sale $149,500 -- $125 / 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 $931 $152,600 $50,000 $102,600
2023 $931 $152,600 $50,000 $102,600
2022 $727 $98,300 $30,000 $68,300
2021 $727 $98,300 $30,000 $68,300
2020 $727 $98,300 $30,000 $68,300
2019 $718 $98,300 $30,000 $68,300
2018 $688 $98,300 $30,000 $68,300
2017 $688 $98,300 $30,000 $68,300
2016 $811 $110,400 $45,000 $65,400
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Stevie Bond

    J.F. Brown Real Estate Services

    Section Image

  • R

    Buyer's Agent in 2018

    Rodger Rinehart

    Mead Associates Inc

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Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 133244

APN: 49-7-1

Virginia Rockbridge County Lexington 24450

550 Poor House Rd, Lexington, VA

This home is located at 550 Poor House Rd, Lexington, VA 24450 since 03 August 2018 and is currently estimated at $274,900, approximately $230 per square foot. This property was built in 1977. 550 Poor House Rd is a home located in Rockbridge County with nearby schools including Rockbridge County High School, Rockbridge Christian Academy, and The Rockbridge Christian Academy.

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