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$199,000

Beds
1
Baths
1.0
sq ft
704

101 Ray St, Shepherdstown, WV 25443

101 Ray St

SHEPHERDSTOWN, WV 25443

  • Pending
Don't miss your opportunity to own this active short term rental in the highly desirable Shepherdstown! Just two blocks away from downtown, this walkable home sits on a quiet, dead end street. With its close proximity to the C&O Canal, downtown shops, historic Harpers Ferry, Shepherd University and so much more, it offers endless opportunities to explore. Updates include custom blinds throughout, dual zone mini splits controlled by remote and/or app, and a picket fence lining the front of the property. This property has steady short term rental bookings year-round.

Details

Property type

Single Family Residence

Est. home value

$190,473

Lot size

4,373 sq ft

Price per sq ft

$283

Year built

1980

Annual property taxes

$431

HOA

No

Price History

07/03/2024

Bright #WVJF2012564

Pending
$199,000
06/30/2024

Bright #WVJF2012564

Listed
$199,000
+13.71%
06/24/2022

Bright #WVJF2003920

Sold
$175,000
+141.38%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

JEFFERSON COUNTY SCHOOLS

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

$47,120
Asking price
$199,000
Closing costs (~8% of asking)
-$15,920
Est. remaining loan balance
-$135,960
Cash to seller
$47,120

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

Seller’s Loan History

Lender

Atlantic Coast Mortgage

Loan start date

June 2022

Original loan amount

$140,000

Est. remaining balance

$135,960

Interest rate

5.27%

Loan type

New Conventional, 30 year

Seller

Melissa Donnelly and Brad Donnelly

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: Pending/Under Contract

Tomo last checked: 07/03/2024 at 1:00 PM

Listing updated: 07/03/2024 at 8:03 AM

Listed by: Melissa Donnelly, Burch Real Estate Group, LLC Phone #: (681) 252-3002

MLS: Bright #WVJF2012564

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