NOT LISTED FOR SALE

75 Margarets Ln Lexington, VA 24450

Collierstown Neighborhood

Estimated Value: $530,000 - $668,803

4 Beds
2 Baths
1,836 Sq Ft
$327/Sq Ft Est. Value

Last Sold March 08, 2024

Last sale price $630,000 $343 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $3,387/month

91 Days on Market

Highlights

  • Stables
  • 16.13 Acre Lot
  • Main Floor Primary Bedroom
  • Panoramic View
  • Deck
  • Farmhouse Style Home

About This Home

As of March 2024

Price reduced!! Now offering a home warranty! Imagine finding all your heart's desire with the convenience of being minutes from Lexington Va. 15 Minutes from the Virginia Horse Center. Plenty of room to expand your future wants or needs. Offering peaceful mountain views around the property of sunrise and sunset in all four seasons. Garden space and bearing fruit trees on the property give another reason you may never need to leave the peaceful enjoyment of this home. With a four-year-old roof, new and updated flooring, ceilings, siding, appliances, lighting, deck, front porch, electrical panel, new fencing and spray foam insulation throughout, this home has been well maintained and loved making it move in ready for you and your animal friends. Don't miss this rare opportunity.

Last Agent to Sell the Property

Audrea Carmer

Forest River Realty Listed on: 10/27/2023

Last Buyer's Agent

Non Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,189

Year Built

  • Built in 1900

Lot Details

  • 16.13 Acre Lot
  • Fenced Yard
  • Split Rail Fence
  • Wood Fence
  • Open Lot
  • Lot Has A Rolling Slope
  • Property is zoned Agricultural

Property Views

  • Panoramic
  • Mountain

Home Design

  • Farmhouse Style Home
  • Slab Foundation
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,836 Sq Ft Home
  • 2-Story Property
  • Shelving
  • Ceiling Fan
  • Workshop
  • Storage

Kitchen

  • Oven
  • Electric Range
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Attic

  • Scuttle Attic Hole
  • Unfinished Attic

Basement

  • Walk-Out Basement
  • Partial Basement
  • Interior Basement Entry

Home Security

  • Alarm System
  • Storm Doors
  • Fire and Smoke Detector

Parking

  • Detached Garage
  • Parking Storage or Cabinetry

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed
  • Storage Shed

Location

  • Flood Zone Lot

Schools

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

Farming

  • Horse or Livestock Barn
  • Equipment Barn
  • Pasture
  • Chicken Farm

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Hay Storage
  • Stables

Utilities

  • Central Air
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Heat Pump System
  • Well
  • Septic System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 74 30 A

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,189

Year Built

Built in 1900

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: From Rt 60 take Rt 11 S bypass .7 miles, Continue on Rt 251 S 2.6 miles. Stay straight onto Union Run .9 miles. Margaret Lane will be on you left, follow driveway up to left and house is on the left.
  • HistoricProperty: No
  • Listing Member Name: Audrea Carmer
  • Listing Office Short Id: FRR
  • Open House Office I D: 20150707140409798090000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: non-member
  • Selling Office Short Id: 108
  • Subdivision Yn: No
  • TotalFinSFApx: 1836.00
  • Year Built: 1900
  • Taxes Dollars: 2189.00
  • TotalAcresApx: 16.13
  • 1StFloorMstrBdrm: Yes
  • PorchDeckPatioDeck: Rear
  • PorchDeckPatioPorch: Front
  • Building Style: Farm House
  • StyleTwoStory: YES
  • Type of Construction: Stick Built
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Interior Access, Partial, Slab, Walkout
  • Full Bathrooms: 2.00
  • Updated Floor: Carpet, Laminate
  • Water Heater Other: tankless
  • Appliances: As Is, Dishwasher, Dryer, Dryer Hookup, Electric Range, Freezer, Microwave, Oven, Refrigerator, Smoke Detector, Washer, Washer Hookup
  • Has Attic: Scuttle, Unfinished
  • Lower Floor 1 Bedrooms: 4
  • Fireplace: None
  • Interior Amenities: Alarm, Book Shelves, Storage, Walk-in Closet
  • Lower Floor 1 Bedrooms: 9

Exterior Features

  • Easements: Right of Way
  • Exterior: Vinyl, Wood
  • Exterior Features: Cable Available, Ceiling Fan(s), Chickens Permitted, Deck-Rear, Horses Permitted, Porch-Front, Security System, Shed, Smoke Detector, Storage Building, Storm Door-Front, Storm Door-Rear, View - Mountains, View - Panoramic, Workshop
  • Road Frontage: Gravel Road, Paved Road
  • Roof: Shingle
  • Street: Margarets
  • Surface Water: None
  • Tax Rate: .61
  • Flood Zone: SE
  • Out Buildings: Barn(s), Equipment Shed, Garage, Hay Shed, Horse Barn, House, Stable
  • Fencing: Split Rail, Wood
  • Topography: Mixed, Open, Pasture, Rolling, Views
  • Exterior Features: Barn, Covered Porch, Deck, Fenced Yard, Porch, Storage Shed, Sunrise View, Sunset View

Garage/Parking

  • Garage Spaces: Detached, Storage

Utilities

  • Cooling: Central Cooling
  • Heating: Electric, Gas, Heat Pump(s), Liquid Propane
  • Sewer: Existing Septic
  • Utilities Available: Cable, Electric
  • Water: Well
  • Domestic Water Other: A back up well

Schools

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

Lot Info

  • Zoning: Agricultural
  • Best Use: Agricultural, Bed & Breakfast, Farming, Horses, Residential
  • Current Use: Horses, Residential, Vacation Rental

Tax Info

  • Tax Map Number: 74 30 A
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2023
Closed on
Feb 1, 2024
Sold by
Dauphinais Patrick and Dauphinais Margaret
Bought by
Brasenell Philip and Brasenell Phyllis
Seller's Agent
Audrea Carmer
Forest River Realty
Buyer's Agent
Non Member
List Price
$675,000
Sold Price
$630,000
Premium/Discount to List
-$45,000
-6.67%
Views
87
Current Estimated Value
$601,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,799
Avg. Annual Appreciation
-1.55%
Original Mortgage
$598,500
Outstanding Balance
$590,800
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$24,629

Purchase Details

Closed on
Jun 22, 2018
Sold by
Mccullough Lois R
Bought by
Dauphinais Patrick and Dauphinais Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.6%
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
Brasenell Philip $630,000 Universal Title
Dauphinais Patrick $250,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brasenell Philip $598,500
Previous Owner Dauphinais Patrick $100,000
Previous Owner Dauphinais Margaret $284,250
Previous Owner Dauphinais Margaret $240,000
Previous Owner Dauphinais Patrick $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2024 03/08/24 Sold $630,000 -6.7% $343 / Sq Ft
01/26/2024 01/26/24 Pending -- -- --
10/27/2023 10/27/23 For Sale $675,000 -- $368 / 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 $1,645 $358,800 $158,300 $200,500
2023 $1,645 $358,800 $158,300 $200,500
2022 $1,063 $232,800 $148,300 $84,500
2021 $1,063 $232,800 $148,300 $84,500
2020 $1,063 $232,800 $148,300 $84,500
2019 $1,048 $232,800 $148,300 $84,500
2018 $1,004 $232,800 $148,300 $84,500
2017 $1,004 $232,800 $148,300 $84,500
2016 $1,067 $234,600 $138,300 $96,300
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    Audrea Carmer

    Forest River Realty

    (540) 461-0339

    1 in this area

    34 Total Sales

    Audrea Carmer
    Section Image

  • N

    Buyer's Agent in 2024

    Non Member

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Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 138104

APN: 74-30-A

Virginia Rockbridge County Lexington 24450 Collierstown

75 Margarets Ln, Lexington, VA

This home is located at 75 Margarets Ln, Lexington, VA 24450 since 27 October 2023 and is currently estimated at $601,201, approximately $327 per square foot. This property was built in 1900. 75 Margarets Ln is a home located in Rockbridge County with nearby schools including Rockbridge County High School and Buffalo Creek Boys School.

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