NOT LISTED FOR SALE

842 Reid Rd Lexington, VA 24450

Estimated Value: $525,031 - $743,000

3 Beds
3.5 Baths
2,940 Sq Ft
$221/Sq Ft Est. Value

Last Sold May 30, 2014

Last sale price $307,500 $105 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $3,601/month

550 Days on Market

Highlights

  • 2.96 Acre Lot
  • Wood Flooring
  • No HOA
  • 1.5-Story Property
  • Main Floor Primary Bedroom
  • Fireplace

About This Home

As of May 2014

Unique setting overlooking the Blue Ridge,Timber Ridge and Mount Atlas.A roomy four bedroom home with three and half baths located on rolling pasture of 2.96 acres. Enjoy a large living room,dining area and a study/den with brick fireplace.There are stunning views from every room and the large patio to the east. Mature trees and landscaping,plus a two car garage.

Last Agent to Sell the Property

Rodger Rinehart

J.F. Brown Real Estate Services Listed on: 11/19/2012

Last Buyer's Agent

Joseph Vita

Vita & Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,968

Year Built

  • Built in 1979

Lot Details

  • 2.96

Parking

  • 2 Car Attached Garage

Home Design

  • 1.5-Story Property
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2,940 Sq Ft Home
  • Fireplace

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Attic

  • Scuttle Attic Hole
  • Unfinished Attic

Schools

  • Fairfield Elementary School
  • Rockbridge Middle School
  • Rockbridge Co High School

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic System

Additional Features

  • 2.96 Acre Lot
  • Flood Zone Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 50- 2-1 B

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,968

Year Built

Built in 1979

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: Rt 11 north to Mt Atlas left on Reid Rd driveway on left. Or Rt 39 to Reid rd driveway on left.
  • HistoricProperty: No
  • Listing Member Name: Rodger Rinehart
  • Listing Office Short Id: 121
  • Open House Office I D: 20061211170240860305000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: vitaj
  • Subdivision Yn: No
  • TotalFinSFApx: 2940.00
  • Year Built: 1979
  • Taxes Dollars: 1968.00
  • TotalAcresApx: 2.96
  • 1StFloorMstrBdrm: Yes
  • Building Style: 1 1/2 Story
  • StyleRanch: YES
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Slab
  • Full Bathrooms: 3.00
  • Exterior Other: composite/cement '03
  • Updated Floor: Carpet, Vinyl, Wood
  • Half Bathrooms: 1
  • Has Attic: Scuttle, Unfinished
  • Lower Floor 1 Bedrooms: 3
  • Fireplace: 1
  • Lower Floor 1 Bedrooms: 7

Exterior Features

  • Exterior: Block, Brick
  • Flood Zone: 100 - 500 Year
  • Roof: Shingle
  • Street: REID
  • Tax Rate: .64
  • Flood Zone: NW

Garage/Parking

  • Garage Spaces: Attached, Double

Utilities

  • Cooling: Central Cooling
  • Heating: Heat Pump(s)
  • Sewer: Existing Septic
  • Water: Well
  • Water Heater: Electric

Schools

  • Elementary School: Fairfield
  • High School: Rockbridge Co
  • Middle School: Rockbridge

Lot Info

  • Zoning: Residential
  • Best Use: Residential
  • Current Use: Residential

Tax Info

  • Tax Map Number: 50- 2-1 B
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2012
Closed on
May 30, 2014
Sold by
Brion Denis J
Bought by
Mcmichael Monya Lynn and Leblanc Kathleen Grantham
Seller's Agent
Rodger Rinehart
J.F. Brown Real Estate Services
Buyer's Agent
Joseph Vita
Vita & Associates
List Price
$375,000
Sold Price
$307,500
Premium/Discount to List
-$67,500
-18%
Current Estimated Value
$648,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$341,258
Avg. Annual Appreciation
6.76%
Original Mortgage
$337,950
Outstanding Balance
$257,728
Interest Rate
4.27%
Mortgage Type
Credit Line Revolving
Estimated Equity
$391,030
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
Mcmichael Monya Lynn $307,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmichael Monya Lynn $337,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2014 05/30/14 Sold $307,500 -18.0% $105 / Sq Ft
05/23/2014 05/23/14 Pending -- -- --
11/19/2012 11/19/12 For Sale $375,000 -- $128 / 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
2025 $2,458 $403,000 $89,700 $313,300
2024 $2,458 $403,000 $89,700 $313,300
2023 $2,458 $403,000 $89,700 $313,300
2022 $2,277 $307,700 $74,700 $233,000
2021 $2,277 $307,700 $74,700 $233,000
2020 $2,277 $307,700 $74,700 $233,000
2019 $2,246 $307,700 $74,700 $233,000
2018 $2,154 $307,700 $74,700 $233,000
2017 $2,154 $307,700 $74,700 $233,000
2016 $2,260 $307,500 $65,000 $242,500
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Rodger Rinehart

    J.F. Brown Real Estate Services

  • J

    Buyer's Agent in 2014

    Joseph Vita

    Vita & Associates

    (540) 463-9551

    30 Total Sales

    Joseph Vita
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Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 126717

APN: 50-2-1B

Virginia Rockbridge County Lexington 24450

842 Reid Rd, Lexington, VA

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