NOT LISTED FOR SALE

92 Cherry Ridge Rd Lexington, VA 24450

Estimated Value: $365,000 - $448,000

3 Beds
3 Baths
2,873 Sq Ft
$138/Sq Ft Est. Value

Last Sold July 11, 2016

Last sale price $259,500 $90 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,317/month

77 Days on Market

About This Home

As of July 2016

Enjoy the beauty of Rockbridge County from your front porch & deck. Rancher with finished walkout basement. Three bedrms, 2.5 baths, Kitchen opens to breakfast area. Formal dining rm & living rm. Decorative fireplace, & built in curio/bookshelves. Deck. Four car detached garage. Breathtaking views of House Mt. Vinyl siding. Rolling/sloping terrain. Minutes from downtown Lexington, VMI and W&L.

Last Agent to Sell the Property

Lori Sadler

Lexington Real Estate Connection Listed on: 04/11/2016

Last Buyer's Agent

Non Member

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,940

Year Built

1997

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: From Lexington go north on Main St. take a right on Old Buena Vista Rd. Take a left on Mt. View Rd. Turn right on Cherry Ridge Lane, house is on the right see Lexington Real Estate Connection sign.
  • HistoricProperty: No
  • Listing Member Name: Lori Sadler
  • Listing Office Short Id: 80
  • Open House Office I D: 20061211170241366991000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: non-member
  • Selling Office Short Id: 108
  • Subdivision Name: Cherry Ridge Estates
  • Subdivision Yn: Yes
  • TotalFinSFApx: 2873.00
  • Year Built: 1997
  • Taxes Dollars: 1770.00
  • TotalAcresApx: 3.35
  • 1StFloorMstrBdrm: Yes
  • PorchDeckPatioDeck: Front
  • StyleRanch: YES
  • Type of Construction: Stick Built
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Interior Access, Partially Finished, Walkout
  • Full Bathrooms: 2.00
  • Flood Zone Other: YES
  • Updated Floor: Carpet, Vinyl, Wood
  • Half Bathrooms: 1
  • Appliances: As Is, Dishwasher, Dryer Hookup, Electric Range, Garage Door Opener, Refrigerator, Washer Hookup
  • Has Attic: Scuttle
  • Lower Floor 1 Bedrooms: 3
  • Fireplace: None
  • Interior Amenities: Book Shelves, Breakfast Area, Ceiling Fan, Walk-in Closet, Workshop
  • Lower Floor 1 Bedrooms: 9

Exterior Features

  • Easements: Unknown
  • Exterior: Vinyl
  • Exterior Features: Deck-Rear, Horses Permitted, Porch-Front, Smoke Detector, Thermopane Windows, View - Mountains, Workshop
  • Road Frontage: Paved Road
  • Roof: Shingle
  • Street: Cherry Ridge
  • Surface Water: None
  • Tax Rate: .715
  • Flood Zone: NE
  • Fencing: None
  • Topography: Rolling
  • Exterior Features: Bay Window, Covered Porch, Deck, Porch, Sunset View, Workshop
  • Guest House: No

Garage/Parking

  • Garage Spaces: Detached
  • GarageOther: 4 car

Utilities

  • Cooling: Central Cooling
  • Heating: Forced Air, Gas
  • Sewer: Existing Septic
  • Water: Well
  • 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

  • Future Land Use: No
  • Zoning: Agricultural
  • Best Use: Residential
  • Current Use: Residential

Tax Info

  • Tax Map Number: 62 25 4
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2016
Closed on
Jun 27, 2016
Sold by
Faison James R and Faison Deanna L
Bought by
Carmack Jeffery M and Carmack Lynn W
Seller's Agent
Lori Sadler
Lexington Real Estate Connection
Buyer's Agent
Non Member
List Price
$269,000
Sold Price
$259,500
Premium/Discount to List
-$9,500
-3.53%
Current Estimated Value
$396,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,634
Avg. Annual Appreciation
5.91%
Original Mortgage
$207,600
Outstanding Balance
$100,379
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$338,371
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
Carmack Jeffery M $259,500 Investors Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carmack Jeffery M $207,600
Previous Owner Faison James R $211,300
Previous Owner Faison James R $50,000
Previous Owner Faison James R $208,000
Previous Owner Faison James R $37,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2016 07/11/16 Sold $259,500 -3.5% $90 / Sq Ft
06/27/2016 06/27/16 Pending -- -- --
04/11/2016 04/11/16 For Sale $269,000 -- $94 / 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 $1,940 $318,000 $76,700 $241,300
2023 $1,940 $318,000 $76,700 $241,300
2022 $1,897 $256,300 $61,700 $194,600
2021 $1,897 $256,300 $61,700 $194,600
2020 $1,897 $256,300 $61,700 $194,600
2019 $1,871 $256,300 $61,700 $194,600
2018 $1,794 $256,300 $61,700 $194,600
2017 $1,794 $256,300 $61,700 $194,600
2016 $1,820 $247,600 $54,700 $192,900
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    Lori Sadler

    Lexington Real Estate Connection

    (540) 817-8259

    1 in this area

    16 Total Sales

    Lori Sadler
    Section Image

  • N

    Buyer's Agent in 2016

    Non Member

See All Agents

Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 130513

APN: 62-25-4

Virginia Rockbridge County Lexington 24450

92 Cherry Ridge Rd, Lexington, VA

This home is located at 92 Cherry Ridge Rd, Lexington, VA 24450 since 11 April 2016 and is currently estimated at $396,134, approximately $137 per square foot. This property was built in 1997. 92 Cherry Ridge Rd is a home located in Rockbridge County with nearby schools including Rockbridge County High School.

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