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$275,000

Beds
4
Baths
2.0
sq ft
1,804

10 Morris Rd, Lexington, VA 24450

10 Morris Rd

LEXINGTON, VA 24450

  • <1 day on market
    • Price drop $10,000↓
Sweet country-style farmhouse on a full acre, just 1.5 miles and 5 minutes from Lexington's historic downtown. 4 spacious bedrooms and 2 baths with a picturesque front porch and solid rear deck for outdoor entertainment. Glowing wood floors throughout. Nicely renovated bathrooms. Attractive decor. Comfortably large kitchen. Sturdy fence provides a safe place for children or pets to play. Winter views of Rockbridge mountains and valleys. Rustic stone wall reminds you of VMI! Celebrate an acre of space to play, walk your dog, or plant your vegetable garden and berry patch. Handy wood, out-building makes an excellent workshop, play-house, garden shed or storage facility. A 2nd out-building provides storage for lawn equipment.

Details

Property type

Single Family Residence

Est. home value

$242,158

Lot size

1.00 acres

Price per sq ft

$153

Year built

1920

Annual property taxes

$926

Price History

03/03/2025
CharlottesvilleVA

CharlottesvilleVA #661402

Price change
$275,000
-3.51%
03/03/2025
CharlottesvilleVA

CharlottesvilleVA #661402

Listed
$285,000
+18.75%
03/07/2023
CharlottesvilleVA

CharlottesvilleVA #638580

Sold
$240,000

Schools & Community

Elementary school: 

Central (Lexington)

Middle school: 

Maury River

High school: 

Rockbridge

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$30,369
Asking price
$275,000
Closing costs (~8% of asking)
-$22,000
Est. remaining loan balance
-$222,631
Cash to seller
$30,369

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

March 2023

Original loan amount

$228,000

Est. remaining balance

$222,631

Interest rate

6.15%

Loan type

New Conventional, 30 year

Seller

Matthew C Hoofnagle and Brianna L Hoofnagle

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/04/2025 at 12:30 AM

Listing updated: 03/03/2025 at 1:23 PM

Listed by: PAULA MARTIN, LEXINGTON REAL ESTATE CONNECTION Phone #: (540) 463-2016

MLS: CharlottesvilleVA #661402

CharlottesvilleVA logo

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