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$198,999

Beds
3
Baths
1.5
sq ft
761

111 Virginia Ave, Elkton, VA 22827

111 Virginia Ave

ELKTON, VA 22827

  • 49 days on market
This charming cottage built in 1922 invites you to embrace the tranquil beauty of Elkton at the Shenandoah Valley. As you step through the front steps, you're greeted by the front porch and the inviting ambiance of a home that has been well maintained. The property has 3 bedrooms, and one and a half bath spread across 1,242 square feet of living space, offers comfort and style in equal measure. Imagine mornings spent sipping coffee on the front porch, the sounds of nature serenading you as you watch the world awaken. and nearby embrace the tranquil beauty of the Shenandoah valley the renowned Shenandoah National Park beckons with its miles of hiking trails and breathtaking vistas, while the nearby Shenandoah River offers endless opportunities for fishing, kayaking, and canoeing. HOME IS BEING SOLD "AS IS". The property may not qualify for regular financing as it does not have a heat source other than a brand-new high efficiency Napoleon wood stove.

Details

Property type

Single Family Residence

Est. home value

$206,621

Lot size

0.25 acres

Price per sq ft

$262

Year built

1922

HOA

No

Price History

08/01/2024
Bright

Bright #VARO2001666

Listed
$198,999
+37.24%
08/29/2019
CharlottesvilleVA

CharlottesvilleVA #585403

Sold
$145,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

ROCKINGHAM 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

$78,642
Asking price
$198,999
Closing costs (~8% of asking)
-$15,920
Est. remaining loan balance
-$104,437
Cash to seller
$78,642

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

Seller’s Loan History

Lender

Quicken Loans Inc

Loan start date

August 2019

Original loan amount

$116,000

Est. remaining balance

$104,437

Interest rate

3.84%

Loan type

New Conventional, 30 year

Seller

Cesar A Flores and Kelly M Flores

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 1:10 PM

Listing updated: 08/28/2024 at 5:33 PM

Listed by: Omar A Leon, Fairfax Realty Select Phone #: (703) 533-8660

MLS: Bright #VARO2001666

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