tomo logo

$539,900

Beds
5
Baths
3.0
sq ft
2,788

110 Cub Ln, Mc Gaheysville, VA 22840

110 Cub Ln

MCGAHEYSVILLE, VA 22840

  • 1 day on market
Nestled in the scenic beauty of Massanutten Mountain, this charming home is a very busy short-term rental & offers the perfect getaway for nature lovers and adventure seekers alike. Located within the popular Massanutten Resort, you’ll have easy access to skiing, hiking trails, and outdoor activities year-round. The property features a cozy, open-concept living area adorned with rustic decor and a warm fireplace, ideal for relaxing after a day of exploration. The fully equipped kitchen makes meal prep a breeze, while the dining area provides a welcoming space for family gatherings. Step outside to the spacious deck, where you can enjoy your morning coffee surrounded by breathtaking mountain views. With 5 comfortable bedrooms & 3 full bathrooms, everyone has their own space to unwind. Additional amenities include high-speed Wi-Fi, a new roof in '22, new appliances in '22, a private hot tub, and a game room with a pool table & ping pong table for added entertainment. Whether you’re hitting the slopes in winter or hiking in summer, this Massanutten retreat is your home away from home, blending comfort with adventure in a stunning natural setting. This home grossed over $75,000 last year on AirBnB alone in '23!

Details

Property type

Single Family Residence

Est. home value

$541,190

Lot size

0.35 acres

Price per sq ft

$194

Year built

1999

Annual property taxes

$2,714.56

Monthly HOA fee

$78.33

Price History

09/18/2024
CharlottesvilleVA

CharlottesvilleVA #656984

Listed
$539,900
+0.92%
03/18/2022
CharlottesvilleVA

CharlottesvilleVA #626463

Sold
$535,000

Schools & Community

Elementary school: 

McGaheysville

Middle school: 

Elkton

High school: 

East Rockingham

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

$63,071
Asking price
$539,900
Closing costs (~8% of asking)
-$43,192
Est. remaining loan balance
-$433,637
Cash to seller
$63,071

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

March 2022

Original loan amount

$456,300

Est. remaining balance

$433,637

Interest rate

3.45%

Loan type

New Conventional, 30 year

Seller

Christine Seinna Lee and Michael Chen

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: 09/19/2024 at 5:50 PM

Listing updated: 09/18/2024 at 10:03 PM

Listed by: Emily Barone, Funkhouser: East Rockingham Phone #: (540) 298-0280

MLS: CharlottesvilleVA #656984

CharlottesvilleVA logo

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