NOT LISTED FOR SALE

79 Pinnacle Ln Lexington, VA 24450

Estimated Value: $218,000 - $241,000

3 Beds
3 Baths
1,530 Sq Ft
1,307 Sq Ft Lot

Last Sold March 11, 2021

Last sale price $159,500 $104 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,318/month

136 Days on Market

About This Home

As of March 2021

Centrally located townhome with panoramic views of the Blue Ridge Mountains. Well designed floor plan with 3 bedrooms, 2 1/2 baths, 1530 sq. ft. and a low maintenance lifestyle. Move-in ready and offers ample storage space, a large master bedroom suite with walk-in closet, upgraded stackable washer & dryer and private deck. Only minutes from downtown Lexington.

Last Agent to Sell the Property

Kimberly Hostetter

Lexington Real Estate Connection Listed on: 09/12/2020

Last Buyer's Agent

Joseph Vita

Vita & Associates

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,099

Year Built

2006

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: Rt 11 N. from Lexington, make a left turn at the 3rd crossover from the light at Lowes. Take the first right onto Pinnacle Lane. Units are at the top of the hill behind Dukes Antiques.
  • HistoricProperty: No
  • Listing Member Name: Kimberly Hostetter
  • Listing Office Short Id: 80
  • Open House Office I D: 20061211170241366991000000
  • Hoa2 Or Poa: Yes
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: vitaj
  • Selling Office Short Id: 81
  • Subdivision Name: The Pinnacle
  • Subdivision Yn: Yes
  • TotalFinSFApx: 1530.00
  • Year Built: 2006
  • Taxes Dollars: 1280.20
  • TotalAcresApx: 0.03
  • 1StFloorMstrBdrm: No
  • Total Assessed Value: 173000.00
  • PorchDeckPatioDeck: Rear
  • PorchDeckPatioPorch: Front
  • StyleTownhouse: YES
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Has Basement: None
  • Full Bathrooms: 2.00
  • Updated Floor: Carpet, Vinyl
  • Half Bathrooms: 1
  • Appliances: As Is, Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Has Attic: Scuttle
  • Lower Floor 1 Bedrooms: 3
  • Fireplace: None
  • Interior Amenities: Breakfast Area, Walk-in Closet
  • Lower Floor 1 Bedrooms: 6

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Curb & Gutter, Deck-Rear, Sidewalks, Thermopane Windows, Undrground Utilities, View - Mountains
  • Road Frontage: Paved Road
  • Roof: Shingle
  • Street: PInnacle
  • Tax Rate: .74
  • Flood Zone: NW
  • Exterior Features: Deck, Storage Shed, Sunrise View

Garage/Parking

  • Garage Spaces: None

Utilities

  • Cooling: Central Cooling
  • Heating: Forced Air, Heat Pump(s)
  • Sewer: Public Sewer
  • Utilities Available: Electric, Public Sewer, Public Water
  • Water: Public Water
  • 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

  • Zoning: Residential
  • Best Use: Investment, Residential
  • Current Use: Residential

Tax Info

  • Tax Map Number: 62B 23 1
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2020
Closed on
Mar 1, 2021
Sold by
Bailey Ryan D
Bought by
Bhuiyan Md Ariful Haque and Afrin Tanjina
Seller's Agent
Kimberly Hostetter
Lexington Real Estate Connection
Buyer's Agent
Joseph Vita
Vita & Associates
List Price
$169,000
Sold Price
$159,500
Premium/Discount to List
-$9,500
-5.62%
Current Estimated Value
$225,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,557
Avg. Annual Appreciation
8.05%
Original Mortgage
$127,600
Outstanding Balance
$115,677
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$109,228

Purchase Details

Closed on
Jul 22, 2019
Sold by
Bailey Ryan D and Bailey Heather N
Bought by
Bailey Ryan D

Purchase Details

Closed on
May 7, 2007
Sold by
Potter Charles A
Bought by
Bailey Ryan D and Bailey Heather N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,900
Interest Rate
7.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2007
Sold by
Campbell Development Investments Llc
Bought by
Potter Charles A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,905
Interest Rate
6.16%
Mortgage Type
New Conventional
Source: Public Records

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
Bhuiyan Md Ariful Haque $159,500 Investors Title Insurance
Bailey Ryan D -- Acquisition Ttl & Setmnt Ag
Bailey Ryan D -- None Available
Potter Charles A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bhuiyan Md Ariful Haque $127,600
Previous Owner Bailey Ryan D $180,846
Previous Owner Bailey Ryan D $179,900
Previous Owner Potter Charles A $151,905
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2021 03/11/21 Sold $159,500 -5.6% $104 / Sq Ft
01/26/2021 01/26/21 Pending -- -- --
09/12/2020 09/12/20 For Sale $169,000 -- $110 / 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 $1,099 $180,200 $25,000 $155,200
2023 $1,099 $180,200 $25,000 $155,200
2022 $1,280 $173,000 $25,000 $148,000
2021 $1,280 $173,000 $25,000 $148,000
2020 $1,280 $173,000 $25,000 $148,000
2019 $1,263 $173,000 $25,000 $148,000
2018 $1,211 $173,000 $25,000 $148,000
2017 $1,211 $173,000 $25,000 $148,000
2016 $1,095 $149,000 $20,000 $129,000
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: 135459

APN: 62B-3-1-8