NOT LISTED FOR SALE

87 Pinnacle Ln Lexington, VA 24450

Estimated Value: $223,000 - $240,000

3 Beds
3 Baths
1,500 Sq Ft
1,742 Sq Ft Lot

Last Sold March 15, 2019

Last sale price $158,000 $105 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,370/month

494 Days on Market

About This Home

As of March 2019

Convenient to Lexington, this 2-story, end-unit, townhouse has views of House Mountain and the Blue Ridge. Enjoy the views from your rear deck off the kitchen. 750 sq ft walk-out basement provides lots of storage, or potential to be finished. 2nd floor bedrooms include a Master Suite. This Condo offers a variety of options: as an investment rental, 1st time home buyers, 2nd home for VMI/W&L families, vacation rental, folks who don't want to bother with lawn maintenance.

Last Agent to Sell the Property

Paula Martin

Lexington Real Estate Connection Listed on: 10/30/2017

Last Buyer's Agent

Karen Little

Rockbridge Appraisal

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,285

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: Paula J. Martin
  • Listing Office Short Id: 80
  • Open House Office I D: 20061211170241366991000000
  • Hoa2 Or Poa: Yes
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: kjlp
  • Selling Office Short Id: 80
  • Subdivision Name: The Pinnacle
  • Subdivision Yn: Yes
  • TotalFinSFApx: 1500.00
  • Year Built: 2006
  • Taxes Dollars: 1211.00
  • TotalAcresApx: 0.04
  • 1StFloorMstrBdrm: No
  • PorchDeckPatioDeck: Rear
  • PorchDeckPatioPorch: Front
  • StyleTownhouse: YES
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Has Basement: Full, Unfinished, Walkout
  • Basement Other Rooms: Plumbed for bath
  • Full Bathrooms: 2.00
  • Dining Room Features Other: End-unit
  • Updated Floor: Carpet, Vinyl
  • Half Bathrooms: 1
  • Entry Location: Corner Lot
  • Appliances: As Is, Dishwasher, Disposal, Dryer, Electric Range, Oven, Refrigerator, Washer
  • Has Attic: Scuttle
  • Lower Floor 1 Bedrooms: 3
  • Fireplace: None
  • Interior Amenities: Breakfast Area, Storage, Walk-in Closet
  • Lower Floor 1 Bedrooms: 6

Exterior Features

  • Exterior: Faux Stone, Vinyl
  • Exterior Features: Curb & Gutter, Deck-Rear, Paved Driveway, Porch-Front, Sidewalks, Smoke Detector, Storage Building, Thermopane Windows, Undrground Utilities, View - Mountains, View - Valley, Workshop
  • Road Frontage: Paved Road
  • Roof: Shingle
  • Street: Pinnacle
  • Tax Rate: .700
  • Flood Zone: NW
  • Fencing: None
  • Topography: Open, Rolling, Views
  • Exterior Features: Covered Porch, Deck, Paved Driveway, Sunrise View, Sunset View

Garage/Parking

  • Garage Spaces: None

Utilities

  • Cooling: Heat Pump Electric
  • Heating: Heat Pump(s)
  • Sewer: Public Sewer
  • Utilities Available: Cable
  • 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

  • Property Name: 87 Pinnacle Lane
  • Zoning: Residential
  • Best Use: Investment, Residential
  • Current Use: Investment, Residential

Tax Info

  • Tax Map Number: 62B 3 1 12
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2024
Sold by
Patrick T & Lana Janette Jones Family Tr and Jones Patrick
Bought by
Dennis Marla T
Current Estimated Value
$231,854

Purchase Details

Closed on
Feb 26, 2010
Sold by
Nielsen Builders Inc
Bought by
Cheng Sin C and Sun Qiu Yun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Dennis Marla T -- None Listed On Document
Cheng Sin C $190,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cheng Sin Chong $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2019 03/15/19 Sold $158,000 -19.8% $105 / Sq Ft
03/08/2019 03/08/19 Pending -- -- --
10/30/2017 10/30/17 For Sale $197,000 -- $131 / 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 $1,285 $210,700 $30,000 $180,700
2023 $1,285 $210,700 $30,000 $180,700
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

  • Paula Martin

    Seller's Agent in 2019

    Paula Martin

    Lexington Real Estate Connection

    (540) 460-1019

    130 in this area

    284 Total Sales

    Section Image

  • K

    Buyer's Agent in 2019

    Karen Little

    Rockbridge Appraisal

See All Agents

Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 132418

APN: 62B-3-1-12

Virginia Rockbridge County Lexington 24450

87 Pinnacle Ln, Lexington, VA

This home is located at 87 Pinnacle Ln, Lexington, VA 24450 since 30 October 2017 and is currently estimated at $231,854, approximately $154 per square foot. This property was built in 2006. 87 Pinnacle Ln is a home located in Rockbridge County with nearby schools including Rockbridge County High School, Rockbridge Christian Academy, and Earthsong Community School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes