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$515,000

Beds
3
Baths
3.0
sq ft
1,950

1087 Towne Ln, Charlottesville, VA 22901

1087 Towne Ln

CHARLOTTESVILLE, VA 22901

  • Coming soon
Welcome to 1087 Towne Lane! Convenient to all things Charlottesville, this sweet Village Square home has been lovingly updated outside and in, including new Alside Ascend Siding, gutters, and fencing on the exterior, and appliances and painting inside. From the long covered front porch with porch-swing to the sunny living room, new back deck overlooking a large fenced backyard, and cozy den with fireplace, the options for relaxing and entertaining are many. Upstairs features two bedrooms, a full hall bath, and the generous primary bedroom with attached full bath and walk-in closet. On the home's main level you'll find a large living room, dining room, revamped kitchen, powder room bath, and laundry room. The basement hosts a den big enough to accommodate everything from exercise to home office needs, with an additional half bath. The unfinished walk-out portion of the basement offers tons of built-in storage and work-shop space!,Painted Cabinets,Wood Cabinets,Fireplace in Basement,Fireplace in Den,Fireplace in Living Room

Details

Property type

Single Family Residence

Est. home value

$441,850

Lot size

0.23 acres

Price per sq ft

$265

Year built

1984

Annual property taxes

$3,774

Monthly HOA fee

$33.33

Price History

06/23/2021
CharlottesvilleVA

CharlottesvilleVA #616041

Sold
$382,000
+36.67%
05/05/2017
CharlottesvilleVA

CharlottesvilleVA #559714

Sold
$279,500

Schools & Community

Elementary school: 

Unknown

Middle school: 

BURLEY

High school: 

ALBEMARLE

School district: 

ALBEMARLE COUNTY PUBLIC 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

$157,488
Asking price
$515,000
Closing costs (~8% of asking)
-$41,200
Est. remaining loan balance
-$316,312
Cash to seller
$157,488

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

Seller’s Loan History

Lender

Wintrust Mortgage

Loan start date

June 2021

Original loan amount

$343,800

Est. remaining balance

$316,312

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Matthew Michael Landers and Marguerite Morgan Landers

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: Coming Soon

Tomo last checked: 02/23/2025 at 9:25 AM

Listing updated: 02/21/2025 at 11:24 AM

Listed by: GEORGIA LINDSEY, NEST REALTY GROUP Phone #: (434) 566-0121

MLS: Bright #661085

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