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1150 Forest Grove Road

1150 Forest Grove Road, Lexington, VA 24450
Property in Rockbridge
Sold Nov 09, 2021
$450,000
$315,000 by United Wholesale Mortgage
Mortgage Due Dec 01, 2051
1150 Forest Grove Road in Lexington, VA was first built in 2006 and is 18 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 1150 Forest Grove Road has 2,448 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 87,991 square feet.

Learn more about the property and building on this page. There is a porch. The home has a gable style roof made of composition shingle. Water for the property is sourced from a well system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. For those who need parking, there is a garage. The garage is 576 sqft. There are a total of 2 available parking spaces. The condition of the building has been evaluated as good. The exterior walls of the home are made of wood siding. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with propane. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1150 Forest Grove Road was last sold in Nov 5, 2021 for $450,000. According to our calculations, that's $183.82 per sqft. Current property owners are expected to pay $2,883 in taxes per year. The property on 1150 Forest Grove Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $472,700. To break that down further, the land itself was valued at $67,700. While improvements to the property were assessed at a total of $405,000. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 87,991
  • Total Building Area: 2,448
  • Building Area: 2,448
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,448
  • Heating Fuel Type: Propane

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 2.02
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: MT VIEW 703

Ownership

  • Current Owner : WILLIAMS JONATHAN COLE
  • Current Owner 2: WILLIAMS CONNER LEA
  • Previous Owner : WILLIAMS JOHN B
  • Previous Owner 2: WILLIAMS CAROLYN HEDRICK
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Rockbridge County Public Schools
  • Census Tract: 930101

Zoning

  • Zoning: A-2

Geography

  • Account Number: 19382
  • Parcel: 63 A 39D
  • Municipality: SOUTH RIVER DISTRICT
  • Latitude: 37.8114
  • Longitude: -79.3652

    Address

  • Full Address: 1150 Forest Grove Rd
  • Address - House Number: 1150
  • Address - Street Name: Forest Grove
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Lexington
  • Carrier Code: R005
  • 4-Digit Zip Code: 3253
  • Zip Code: 24450

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,883

    Appraisal Valuation

  • Standard Deviation: 0.2025
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 72
  • Final Value: 513,595
  • High Value: 617,604
  • Low Value: 409,587

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $315,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Nov 09, 2021
  • First Open Lien Mortgage Loan Amount: $315,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Market Valuation

  • Market Total Value: $472,700
  • Market Land Value: $67,700
  • Market Improvement Value: $405,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $472,700
  • Assessed Land Value: $67,700
  • Assessed Improvements Value: $405,000

    Sales

  • Current Sale Contract Date: Nov 05, 2021
  • Current Sale Recording Date: Nov 09, 2021
  • Current Sale Transaction ID: 11866211281
  • Current Sale Price: $450,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 210004291

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Nov 09, 2021
  • First Mortgage Loan Amount: $315,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

About Rockbridge



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Frequently Asked Questions

What neighborhood is 1150 Forest Grove Road located in?
The 1150 Forest Grove Road is a located in the neighborhood of Rockbridge in Rockbridge, Lexington.
What is the average sales price for listings in 1150 Forest Grove Road?
The average sales price for units in 1150 Forest Grove Road is $0 currently.

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