$482,000
SOLD JUN 14, 2012

968 Borden Rd Lexington, VA 24450

3 Beds
5 Baths
5,140 Sq Ft
3.73 Acres

Recently Sold

$94 Per Sq Ft

16% Below List Price

474 Days on Market

About This Home

As of December 2020

Quality construction evident throughout this spacious home built on 3.73 acres just a mile from Lexington, and with one of our best panoramic views of the Blue Ridge Mtns and valley! Beautiful landscaped setting for this custom built bricK Rancher. ONE LEVEL LIVING IF DESIRED! Perfect for entertaining, lots of updates in this current ownership! 24 hr notice to show, please.

Last Agent to Sell the Property

Carolyn Kuper

Lexington Real Estate Connection Listed on: 01/07/2011

Last Buyer's Agent

Lori Sadler

Lexington Real Estate Connection

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,033

Year Built

1981

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: Take Rt 60W to intersection with Borden Rd on your left, follow to Re/Max sign on your right.
  • HistoricProperty: No
  • Listing Member Name: Carolyn A. Kuper
  • Listing Office Short Id: 80
  • Open House Office I D: 20061211170241366991000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: sadlerl
  • Selling Office Short Id: 80
  • Subdivision Yn: No
  • TotalFinSFApx: 5140.00
  • Year Built: 1981
  • Taxes Dollars: 2677.00
  • TotalAcresApx: 3.73
  • 1StFloorMstrBdrm: Yes
  • PorchDeckPatioDeck: Rear
  • StyleRanch: YES
  • Type of Construction: Brick, Stick Built
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Finished, Full, Interior Access
  • Full Bathrooms: 3.00
  • Dining Room Features Other: hot tub begotiable
  • Updated Floor: Carpet, Tile, Wood
  • Half Bathrooms: 2
  • Entry Location: Inside Lot
  • Appliances: Central Vac, Cook Top, Dishwasher, Dryer, Oven, Refrigerator, Washer
  • Has Attic: Drop Stair
  • Lower Floor 1 Bedrooms: 3
  • Fireplace: 2
  • Fireplace Location: Basement, Family Room
  • Interior Amenities: Book Shelves, Indirect Lighting, Jetted Tub, Walk-in Closet, Wet Bar
  • InteriorFeaturesOther: Window Blinds
  • Lower Floor 1 Bedrooms: 10

Exterior Features

  • Easements: Power
  • Exterior: Brick
  • Exterior Features: Fireplace, Guest Quarters, Horses Permitted, Intercom, Satellite System, View - Mountains
  • Road Frontage: Paved Road, State Road
  • Roof: Shingle
  • Street: Borden
  • Surface Water: None
  • Tax Rate: .61
  • Flood Zone: NW
  • Out Buildings: Barn(s)
  • Fencing: Partial
  • Topography: Open, Pasture, Views
  • Exterior Features: Barn, Deck, Formal Garden, Garden Space, Greenhouse, Hot Tub, Patio, Screened Porch, Sunrise View

Garage/Parking

  • Garage Spaces: Attached, Double, Workshop

Utilities

  • Cooling: Central Cooling, Heat Pump Electric
  • Heating: Heat Pump(s)
  • Sewer: Existing Septic
  • Utilities Available: Electric
  • 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
  • Property Name: Borden Road
  • Zoning: Agricultural
  • Best Use: Horses, Residential
  • Current Use: Residential

Tax Info

  • Tax Map Number: 60-8-A and 60-8-B
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2020
Closed on
Dec 4, 2020
Sold by
Hall David B and Hall Kathleen R
Bought by
Lipsett Peter Allan and Lipsett Ann Bailey
Seller's Agent
Paula Martin
Lexington Real Estate Connection
Buyer's Agent
Joseph Vita
Vita & Associates
List Price
$650,000
Sold Price
$638,000
Premium/Discount to List
-$12,000
-1.85%
Current Estimated Value
$734,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,593
Avg. Annual Appreciation
4.96%
Original Mortgage
$510,400
Outstanding Balance
$460,358
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$339,792

Purchase Details

Listed on
Apr 25, 2016
Closed on
Feb 21, 2017
Sold by
Curtis Jeffrey H and Curtis Elizabeth D
Bought by
Hall David B and Hall Kathleen R
Seller's Agent
Cheryl Shaw
J.F. Brown Real Estate Services
Buyer's Agent
Joseph Vita
Vita & Associates
List Price
$609,000
Sold Price
$560,400
Premium/Discount to List
-$48,600
-7.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.48%
Original Mortgage
$478,125
Interest Rate
4.09%
Mortgage Type
VA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $638,000 None Available
Deed $560,400 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $510,400 New Conventional
Previous Owner $478,125 VA
Previous Owner $417,000 New Conventional
Previous Owner $300,000 Credit Line Revolving
Previous Owner $175,000 Stand Alone Second
Previous Owner $150,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2020 12/15/20 Sold $638,000 -1.8% $128 / Sq Ft
10/31/2020 10/31/20 Pending -- -- --
10/22/2020 10/22/20 For Sale $650,000 +16.0% $130 / Sq Ft
03/03/2017 03/03/17 Sold $560,400 -8.0% $109 / Sq Ft
02/23/2017 02/23/17 Pending -- -- --
04/25/2016 04/25/16 For Sale $609,000 +26.3% $118 / Sq Ft
06/14/2012 06/14/12 Sold $482,000 -16.2% $94 / Sq Ft
04/25/2012 04/25/12 Pending -- -- --
01/07/2011 01/07/11 For Sale $575,000 -- $112 / 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 $4,033 $661,200 $107,300 $553,900
2023 $4,033 $661,200 $107,300 $553,900
2022 $3,724 $503,300 $107,300 $396,000
2021 $3,724 $503,300 $107,300 $396,000
2020 $3,724 $503,300 $107,300 $396,000
2019 $3,674 $503,300 $107,300 $396,000
2018 $3,523 $503,300 $107,300 $396,000
2017 $3,523 $503,300 $107,300 $396,000
2016 $3,226 $438,900 $112,300 $326,600
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: 124778

APN: 60-8-A1B