NOT LISTED FOR SALE

64 Stonewood Trace Lexington, VA 24450

Estimated Value: $658,000 - $751,337

3 Beds
5 Baths
3,044 Sq Ft
$233/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $650,000 $214 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,268/month

8 Days on Market

About This Home

As of May 2024

PLEASE: NO DRIVE-BYS. Only 7 mins and 2.2 miles from downtown Lexington, this beautiful Contemporary home offers expansive views, privacy, and light-filled rooms. The nicely landscaped 2-acre parcel has fruit trees, flowering shrubs, and lovely perennials for all seasons. Enjoy the views to the NE, offering magnificent sunrises over the Blue Ridge Mtns. Your spacious deck invites you to relax in the sun, or host gatherings of friends, family or business associates. The floor-to-ceiling windows in the Great Room are stunning! Invite friends and family to swim in the pool and picnic under the shady pergola. The space above the 2-car garage can be remodeled into additional rooms, or possibly an AirBNB. The basement has tons of potential --1,952 ft of space with 10 ft ceilings.

Last Listed By

Paula Martin

Lexington Real Estate Connection Listed on: 04/08/2024

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,096

Year Built

1990

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: Rt. 60 West from Lexington for 1 mile. Turn Left on Borden Rd. Proceed approx. 1.2 miles. Right on Shepherd Dr. 2/10 mile turn Right on Stonewood Trace. Follow to the end. PLEASE: NO DRIVE BY'S.
  • HistoricProperty: No
  • InternetServicesAvailable: Fiber Optic
  • Listing Member Name: Paula J. Martin
  • Listing Office Short Id: 80
  • Open House Office I D: 20061211170241366991000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: non-member
  • Selling Office Short Id: 108
  • Subdivision Yn: No
  • TotalFinSFApx: 3044.00
  • Year Built: 1990
  • Taxes Dollars: 4096.00
  • TotalAcresApx: 2.09
  • 1StFloorMstrBdrm: Yes
  • Total Assessed Value: 671400.00
  • PorchDeckPatioDeck: Rear
  • PorchDeckPatioPatio: Rear
  • PorchDeckPatioPorch: Front
  • Building Style: Cape Cod, Contemporary
  • YardSign: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Full, Unfinished, Walkout
  • Basement Other Rooms: 10 ft ceiling
  • Full Bathrooms: 3.00
  • Exterior Other: Brick foundation
  • Updated Floor: Ceramic Tile, Wood
  • Floor Other: Heart Pine, carpet
  • Half Bathrooms: 2
  • Heat Other: Propane back-up
  • Appliances: As Is, Cook Top, Dishwasher, Disposal, Dryer, Freezer, Garage Door Opener, Gas Range, Ice Maker, Microwave, Oven, Refrigerator, Smoke Detector, Washer
  • Appliances Other: warming oven
  • Has Attic: Floored, Storage, Unfinished
  • Lower Floor 1 Bedrooms: 3
  • Fireplace: 2, Gas, Stone
  • Fireplace Location: Family Room, Great Room, Kitchen
  • Fireplace Other: Tiled. Forced air
  • Interior Amenities: Balcony, Book Shelves, Breakfast Area, Cathedral Ceiling, Ceiling Fan, Handicap Accessible, Indirect Lighting, Internet/Smart Wirng, Loft, Storage, Walk-in Closet, Workshop
  • Lower Floor 1 Bedrooms: 12

Exterior Features

  • Easements: Right of Way
  • Exterior: Wood
  • Exterior Features: Cable Available, Cannot Subdivide, Ceiling Fan(s), Deck-Rear, Deck-Side, Fireplace, Patio-Concrete, Patio-Rear, Patio-Slide, Pool-Ingrnd, Porch-Front, Security Lighting, Smoke Detector, Storm Door-Side, Storm Windows-Full, Thermopane Windows, Undrground Utilities, View - Mountains, View - Panoramic, View - Valley, Workshop
  • Road Frontage: Gravel Road
  • Roof: Shingle
  • Street: Stonewood
  • Surface Water: None
  • Tax Rate: .061
  • Flood Zone: SW
  • Out Buildings: Garage
  • Fencing: Split Rail
  • Topography: Level, Open, Rolling, Secluded, Views, Woods
  • Exterior Features: Covered Porch, Deck, Fenced Yard, Formal Garden, Garden Space, In-Ground Pool, Patio, Porch, Sunrise View, Sunroom

Garage/Parking

  • Garage Spaces: Detached, Double, Storage
  • GarageOther: Ready for apt. above

Utilities

  • Cooling: Central Cooling, Heat Pump Electric, Zoned Cooling
  • Heating: Heat Pump(s), Zoned Heat
  • Sewer: Existing Septic
  • Utilities Available: Underground
  • Water: Well
  • Water Heater: Electric

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

  • Future Land Use: No
  • Zoning: Residential
  • Outbuildings Other: Covered Pool House
  • Best Use: Residential, Vacation Rental
  • Current Use: Residential

Green Features

  • Energy Features: 2 X 6 Exterior Walls, Heatolater

Tax Info

  • Tax Map Number: 60-16-1
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2024
Closed on
May 6, 2024
Sold by
Mott John R
Bought by
Daley Michael R and Daley Melissa B
Seller's Agent
Paula Martin
Lexington Real Estate Connection
Buyer's Agent
Non Member
List Price
$650,000
Sold Price
$650,000
Total Days on Market
8
Views
100
Current Estimated Value
$708,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,334
Avg. Annual Appreciation
9.68%
Original Mortgage
$617,500
Outstanding Balance
$611,877
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$96,457

Range of Values:

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Average Value
Not Available
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
Daley Michael R $650,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daley Michael R $617,500
Previous Owner Handy Howard C $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $650,000 0.0% $214 / Sq Ft
04/16/2024 04/16/24 Pending -- -- --
04/08/2024 04/08/24 For Sale $650,000 -- $214 / 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 $4,096 $671,400 $101,400 $570,000
2023 $4,096 $671,400 $101,400 $570,000
2022 $4,145 $560,200 $101,400 $458,800
2021 $4,145 $560,200 $101,400 $458,800
2020 $4,145 $560,200 $101,400 $458,800
2019 $4,089 $560,200 $101,400 $458,800
2018 $3,921 $560,200 $101,400 $458,800
2017 $3,921 $560,200 $101,400 $458,800
2016 $3,831 $521,200 $95,900 $425,300
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: Rockbridge Highlands REALTORS®

MLS Number: 138370

APN: 60-16-1