NOT LISTED FOR SALE

557 Alone Mill Rd Lexington, VA 24450

Lexington Area

Estimated Value: $435,000 - $594,669

6 Beds
5 Baths
3,912 Sq Ft
$138/Sq Ft Est. Value

Sale Details

Date Sold: December 11, 2020

Last sale price $312,000 $80 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $3,256 / mo

Highlights

  • River Front
  • Wood Flooring
  • Brick Veneer
  • 2.45 Acre Lot
  • No HOA
  • Outdoor Storage

About This Home

As of December 2020

Well built brick home and triplex offers a great cash flow opportunity. Units are currently producing $2,475 per month. Situated on 2.4 wooded acres, this property features long frontage on the Maury River for fishing, kayaking, and relaxing. Live in one and rent the other or enjoy a great investment. Don't miss this limited opportunity.Triplex building built in 1993.

Last Agent to Sell the Property

Jeff Black

Lexington Real Estate Connection Listed on: 09/24/2020

Last Buyer's Agent

Hunter McClung

J.F. Brown Real Estate Services

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,359

Year Built

  • Built in 1970

Lot Details

  • 2.45 Acre Lot
  • River Front

Home Design

  • 3,912 Sq Ft Home
  • Brick Veneer
  • Shingle Roof
  • Wood Siding

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Schools

  • Mountain View Elementary School
  • Maury River Middle School
  • Rockbridge Co High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Electric Baseboard Heater
  • Well
  • Septic System

Additional Features

  • Outdoor Storage
  • Flood Zone Lot

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 48 A 34

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,359

Year Built

Built in 1970

Lot Details

2.45 Acres

Listing Details

  • ConservationEsmnt: No
  • Directions: Rt 39 west to left onto Alone Mill rd for 2.9 miles to home and Triplex on left
  • HistoricProperty: No
  • Listing Member Name: Jeff Black
  • Listing Office Short Id: 80
  • Open House Office I D: 20061211170241366991000000
  • Hoa2 Or Poa: No
  • Prop. Type: Multi-Family
  • Selling Member Short Id: hunter
  • Subdivision Yn: No
  • Year Built: 1970
  • Taxes Dollars: 2359.00
  • TotalAcresApx: 2.45
  • Building Style: Detached Units
  • ApxTtlSFFnshd: 3912.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Finished, Full, Heated, Interior Access
  • Updated Floor: Carpet, Laminate, Vinyl, Wood
  • Entry Location: Other
  • Full Bathrooms: 5.00
  • Storage: Outside

Exterior Features

  • Exterior: Brick Veneer, Wood
  • Flood Zone: Mixed
  • Roof: Shingle
  • Street: Alone Mill
  • Surface Water: River Frontage
  • Tax Rate: .73
  • Flood Zone: NW

Garage/Parking

  • Parking Features: off street

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Baseboard Electric, Forced Air
  • Sewer: Existing Septic
  • Water: Well

Schools

  • Elementary School: Mountain View
  • High School: Rockbridge Co
  • Middle School: Maury River

Lot Info

  • Zoning: Agricultural

Rental Info

  • Average Rental: 501 - 600, 901 - 1000
  • Rental Type: Monthly

Tax Info

  • Tax Map Number: 48 A 34
  • Tax Year: 2020

Multi Family

  • Total Number Units: 4

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2020
Closed on
Nov 13, 2020
Sold by
Bought by
Seller's Agent
Jeff Black
Lexington Real Estate Connection
Buyer's Agent
Hunter McClung
J.F. Brown Real Estate Services
List Price
$322,000
Sold Price
$312,000
Premium/Discount to List
-$10,000
-3.11%
Current Estimated Value
$540,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,917
Avg. Annual Appreciation
10.12%
Original Mortgage
$280,800
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2019
Sold by
Bought by

Purchase Details

Closed on
Nov 27, 2017
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Lexington, VA

  • Sarah Centorino Real Estate Agent - James Wm. Moore Real Estate Co.

    Sarah Centorino

    James Wm. Moore Real Estate Co.

    (540) 600-4334

    101 Total Sales

    58 in Lexington

    $53K - $856K Price Range

    Sarah Centorino
     Section Image
  • Lori Parker Real Estate Agent - James Wm. Moore Real Estate Co.

    Lori Parker

    James Wm. Moore Real Estate Co.

    (540) 264-3239

    34 Total Sales

    8 in Lexington

    $104K - $679K Price Range

    Lori Parker
     Section Image
  • Brandon Black Real Estate Agent - Real Broker, LLC

    Brandon Black

    Real Broker, LLC

    (434) 300-3675

    65 Total Sales

    3 in Lexington

    $255K - $300K Price Range

    Brandon Black
     Section Image
  • Glen Michael Real Estate Agent - GEM Realty Group, LLC

    Glen Michael

    GEM Realty Group, LLC

    (540) 701-3953

    12 Total Sales

    1 in Lexington

    $169,400 Price

    Glen Michael
     Section Image
  • Eric Fletcher Real Estate Agent - PROPERTY MANAGEMENT OF VIRGINIA LC

    Eric Fletcher

    PROPERTY MANAGEMENT OF VIRGINIA LC

    (540) 779-1519

    93 Total Sales

    1 in Lexington

    $347,990 Price

    Eric Fletcher
     Section Image
  • Mary Beth Harris Real Estate Agent - JAMES RIVER REALTY LLC

    Mary Beth Harris

    JAMES RIVER REALTY LLC

    (540) 600-4286

    164 Total Sales

    40 in Lexington

    $65K - $600K Price Range

    Mary Beth Harris
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$312,000 None Listed On Document
-- None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $465,000
Closed $78,750
Closed $280,800
Closed $280,800
Closed $280,800
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/11/2020 12/11/20 Sold $312,000 -3.1% $80 / Sq Ft
09/24/2020 09/24/20 Pending -- -- --
09/24/2020 09/24/20 For Sale $322,000 -- $82 / Sq Ft
Source: Rockbridge Highlands REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,472 $542,500 $154,500 $388,000
2024 $33 $542,500 $154,500 $388,000
2023 $3,309 $542,500 $154,500 $388,000
2022 $3,016 $407,500 $91,800 $315,700
2021 $2,392 $323,200 $91,800 $231,400
2020 $2,392 $323,200 $91,800 $231,400
2019 $2,359 $323,200 $91,800 $231,400
2018 $2,262 $323,200 $91,800 $231,400
2017 $2,262 $323,200 $91,800 $231,400
Source: Public Records

Agents Affiliated with this Home

  • JB

    Seller's Agent in 2020

    Jeff Black

    Lexington Real Estate Connection

    (540) 958-0189

    173 Total Sales

    Jeff Black
    Section Image
  • Hunter McClung Real Estate Agent - J.F. Brown Real Estate Services

    Buyer's Agent in 2020

    Hunter McClung

    J.F. Brown Real Estate Services

    (540) 460-4736

    99 Total Sales

    Hunter McClung
    Section Image
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Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 135487

APN: 48 A 34

Virginia Rockbridge County Lexington 24450

557 Alone Mill Rd, Lexington, VA

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