NOT LISTED FOR SALE

855 Wide Gap Rd Lexington, VA 24450

Collierstown Neighborhood

Estimated Value: $443,571 - $549,000

2 Beds
1 Bath
2,100 Sq Ft
$236/Sq Ft Est. Value

Last Sold June 21, 2016

Last sale price $310,000 $148 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,782/month

224 Days on Market

Highlights

  • 4.3 Acre Lot
  • Wood Flooring
  • No HOA
  • Wood Burning Stove
  • Main Floor Primary Bedroom
  • Cottage

About This Home

As of June 2016

Watch the glory of nature paint a new picture every day. Exceptional energy efficient cottage w/ 10'' thick poured concrete walls and massive high quality thermopane windows offers unparalleled vantage point to enjoy spectacular Rockbridge landscapes. Rustic meets refined in this custom home. ~2100sqft of living space is easily expanded or reconfigured. Perfect for retreat or full time home.

Last Agent to Sell the Property

Janie Harris

James River Realty - Lexington Listed on: 10/14/2015

Last Buyer's Agent

Peter DelVecchio

Lexington Real Estate Connection

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,449

Year Built

  • Built in 2010

Lot Details

  • 4.3 Acre Lot
  • Property is zoned Other (Use Remarks)

Parking

  • No Garage

Home Design

  • Cottage
  • Shingle Roof

Interior Spaces

  • 2,100 Sq Ft Home
  • Wood Burning Stove
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Schools

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

Utilities

  • No Cooling
  • Hot Water Baseboard Heater
  • Well
  • Electric Water Heater
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 71 A 105A

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,449

Year Built

Built in 2010

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: From Rt 11 S turn R onto Rt 251. Go straight for approx. 9 miles. Road numbers will change but keep going until turn R onto Wide Gap Rd. After almost 2 miles turn right at Waiting Rock Cottage.
  • HistoricProperty: No
  • Listing Member Name: Jane Harris
  • Listing Office Short Id: jrrlex
  • Open House Office I D: 20080325192429605012000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: peterd
  • Subdivision Yn: No
  • TotalFinSFApx: 2100.00
  • Year Built: 2010
  • Taxes Dollars: 1448.59
  • TotalAcresApx: 4.30
  • 1StFloorMstrBdrm: Yes
  • Building Style: Cottage
  • YardSign: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: None
  • Full Bathrooms: 1.00
  • Exterior Other: Poured Concrete Wall
  • Updated Floor: Wood
  • Floor Other: Scored Concrete
  • Has Attic: None
  • Lower Floor 1 Bedrooms: 2
  • Fireplace: Wood Stove
  • Lower Floor 1 Bedrooms: 4

Exterior Features

  • Roof: Shingle
  • Street: Wide Gap
  • Tax Rate: .715
  • Flood Zone: Other (Use Remarks)

Garage/Parking

  • Garage Spaces: None

Utilities

  • Cooling: No Cooling System
  • Heating: Electric, Hot Water Baseboard
  • Sewer: Existing Septic
  • Water: Well
  • Water Heater: Electric

Schools

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

Lot Info

  • Zoning: Other (Use Remarks)
  • Best Use: Residential
  • Current Use: Residential

Tax Info

  • Tax Map Number: 71 A 105A
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2015
Closed on
Jun 3, 2016
Sold by
Hassell James L
Bought by
Greiner James R and Greiner Kristine E
Seller's Agent
Janie Harris
James River Realty - Lexington
Buyer's Agent
Peter DelVecchio
Lexington Real Estate Connection
List Price
$299,000
Sold Price
$310,000
Premium/Discount to List
$11,000
3.68%
Current Estimated Value
$496,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,393
Avg. Annual Appreciation
5.16%
Original Mortgage
$248,000
Outstanding Balance
$110,976
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$385,417
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
Greiner James R $310,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greiner James R $248,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2016 06/21/16 Sold $310,000 +3.7% $148 / Sq Ft
05/25/2016 05/25/16 Pending -- -- --
10/14/2015 10/14/15 For Sale $299,000 -- $142 / 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 $2,208 $361,900 $79,800 $282,100
2024 $2,208 $361,900 $79,800 $282,100
2023 $2,208 $361,900 $79,800 $282,100
2022 $2,248 $303,800 $79,800 $224,000
2021 $2,248 $303,800 $79,800 $224,000
2020 $2,248 $303,800 $79,800 $224,000
2019 $2,218 $303,800 $79,800 $224,000
2018 $2,127 $303,800 $79,800 $224,000
2017 $2,127 $303,800 $79,800 $224,000
2016 $646 $202,600 $56,500 $146,100
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Janie Harris

    Seller's Agent in 2016

    Janie Harris

    James River Realty - Lexington

    (540) 463-2117

    10 in this area

    122 Total Sales

    Janie Harris
    Section Image

  • P

    Buyer's Agent in 2016

    Peter DelVecchio

    Lexington Real Estate Connection

  • P

    Buyer's Agent in 2016

    Peter Del Vecchio

    Herring Real Estate

See All Agents

Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 130011

APN: 71-A-105A

Virginia Rockbridge County Lexington 24450 Collierstown

855 Wide Gap Rd, Lexington, VA

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