$560,400
SOLD MAR 3, 2017

968 Borden Rd Lexington, VA 24450

3 Beds
5 Baths
5,140 Sq Ft
3.73 Acres

Recently Sold

$109 Per Sq Ft

8% Below List Price

304 Days on Market

About This Home

As of December 2020

Enjoy one of the best views of the Blue Ridge Mountains! Beautifully landscaped brick ranch located on 3.73 acres just minutes from town. LR, DR, den w/fp, eat-in kit, 3 bds, office, 2 full bths, 2 half bths, mud-room, screened porch and deck. The lower level offers, FR/with stone fp, gym, bd/office, full bth, covered porch,storage and attached garage.

Last Agent to Sell the Property

Cheryl Shaw

J.F. Brown Real Estate Services Listed on: 04/25/2016

Last Buyer's Agent

Joseph Vita

Vita & Associates

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,033

Year Built

1981

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: Route 60 West, left Borden Road, continue, home will be on right, look for JF Brown sign.
  • HistoricProperty: No
  • Listing Member Name: Cheryl M. Shaw
  • Listing Office Short Id: 121
  • Open House Office I D: 20061211170240860305000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: vitaj
  • Selling Office Short Id: 81
  • Subdivision Yn: No
  • TotalFinSFApx: 5140.00
  • Year Built: 1981
  • Taxes Dollars: 3138.00
  • TotalAcresApx: 3.73
  • 1StFloorMstrBdrm: Yes
  • PorchDeckPatioDeck: Rear
  • StyleRanch: YES
  • Type of Construction: 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, Vinyl, Wood
  • Half Bathrooms: 2
  • Entry Location: Other
  • Appliances: Central Vac, Cook Top, Dishwasher, Dryer, Oven, Refrigerator, Washer
  • Appliances Other: pool table, hot tub
  • Has Attic: Drop Stair
  • Lower Floor 1 Bedrooms: 3
  • Fireplace: 2
  • Fireplace Location: Den, Family Room
  • Interior Amenities: Indirect Lighting, Jetted Tub, Walk-in Closet, Wet Bar
  • InteriorFeaturesOther: Window Blinds
  • Lower Floor 1 Bedrooms: 10

Exterior Features

  • Easements: Unknown
  • Exterior: Brick
  • Exterior Features: Cable Available, Deck-Rear, Fireplace, Guest Quarters, Horses Permitted, Paved Driveway, Porch-Screened, View - Mountains
  • Road Frontage: Paved Road, State Road
  • Roof: Shingle
  • Street: Borden
  • Surface Water: None
  • Tax Rate: 71.5
  • Flood Zone: NW
  • Out Buildings: Barn(s)
  • Fencing: Partial
  • Topography: Open, Pasture, Views
  • Exterior Features: Barn, Deck, Greenhouse, Hot Tub, Patio, Paved Driveway, 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: Cable, 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
  • Outbuildings Other: green house
  • Best Use: Horses, Residential
  • Current Use: Residential

Tax Info

  • Tax Map Number: 60 8 A1B
  • Tax Year: 2016

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: 130547

APN: 60-8-A1B