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50 Rustic Ridge Lane

50 Rustic Ridge Lane, Lexington, VA 24450
Property in Rockbridge
Sold Jan 06, 2022
$389,000
$311,200 by Alcova Mortgage Llc
Mortgage Due Feb 01, 2052
Sold Jun 27, 2019
$299,000
$293,584 by Alcova Mortgage Llc
Mortgage Due Jul 01, 2049
50 Rustic Ridge Lane in Lexington, VA was first built in 2005 and is 19 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 50 Rustic Ridge Lane has 1,396 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 154,202 square feet.

Learn more about the property and building on this page. There is a porch and a patio. The home has a hip 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 400 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. 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 heat pump and being fueled with electricity. The property was last sold in Jan 6, 2022 for $389,000. That's $278.65 per sqft. Prior to that sales transaction, the property was also sold in Jun 10, 2019 for $299,000. 50 Rustic Ridge Lane was last assessed in 2023. The total value of the property was assessed at $398,000. Specifically, the land the property is located on was valued at $95,400. While improvements on the property were assessed at a total of $302,600. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,428. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Garage
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 154,202
  • Total Building Area: 1,396
  • Building Area: 1,396
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,396
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: RUSTIC RIDGE SUBDIVISION
  • Land Acres: 3.54
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: RUSTIC RIDGE LOT 2

Ownership

  • Current Owner : MALUSKI JOHN A
  • Current Owner 2: MALUSKI SUSAN G
  • Previous Owner : TOMLIN ELWOOD STANLEY
  • Previous Owner 2: TOMLIN MEGAN LEGGINS
  • Owner Before Previous Owner: BRINKLEY RICHARD KENT
  • Owner Before Previous Owner 2: BRINKLEY RICHARD K
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Rockbridge County Public Schools
  • Census Tract: 930302

Zoning

  • Zoning: A-2

Geography

  • Account Number: 17984
  • Parcel: 89 35 2
  • Lot: 2
  • Municipality: BUFFALO DISTRICT
  • Latitude: 37.7286
  • Longitude: -79.3922

    Address

  • Full Address: 50 Rustic Ridge Ln
  • Address - House Number: 50
  • Address - Street Name: Rustic Ridge
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Lexington
  • Carrier Code: R004
  • 4-Digit Zip Code: 7494
  • Zip Code: 24450

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,428

    Appraisal Valuation

  • Standard Deviation: 0.21
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 71
  • Final Value: 453,416
  • High Value: 548,666
  • Low Value: 358,166

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $311,200
  • First Open Lien Mortgage Lender: ALCOVA MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jan 06, 2022
  • First Open Lien Mortgage Loan Amount: $311,200
  • 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: Feb 01, 2052

    Market Valuation

  • Market Total Value: $398,000
  • Market Land Value: $95,400
  • Market Improvement Value: $302,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $398,000
  • Assessed Land Value: $95,400
  • Assessed Improvements Value: $302,600

    Sales

  • Current Sale Contract Date: Jan 06, 2022
  • Current Sale Recording Date: Jan 06, 2022
  • Current Sale Transaction ID: 11877176470
  • Current Sale Price: $389,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 220000048
  • Previous Sale Recording Date: Jun 27, 2019
  • Previous Sale Contract Date: Jun 10, 2019
  • Previous Sale Amount: $299,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALCOVA MORTGAGE LLC
  • First Mortgage Transaction Date: Jan 06, 2022
  • First Mortgage Loan Amount: $311,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: ALCOVA MORTGAGE LLC
  • Previous Mortgage Transaction Date: Jun 27, 2019
  • Previous Mortgage Loan Amount: $293,584
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jul 01, 2049

About Rockbridge



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Frequently Asked Questions

What neighborhood is 50 Rustic Ridge Lane located in?
The 50 Rustic Ridge Lane is a located in the neighborhood of Rockbridge in Rockbridge, Lexington.
What is the average sales price for listings in 50 Rustic Ridge Lane?
The average sales price for units in 50 Rustic Ridge Lane is $0 currently.

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