tomo logo

$589,000

Beds
6
Baths
6.0
sq ft
3,173

113 W Main St, Stanley, VA 22851

113 W Main St

STANLEY, VA 22851

  • 44 days on market
    • Price drop $10,000↓
Here's your once in a lifetime opportunity to own a unique piece of Page County history! The Milton House Inn is an original 1913 Sears & Roebuck home that has one of a kind features and classic character you won't find in just any home! The Milton has been lovingly maintained over the years and is currently being run as a short term rental (STR). The 3100+ sq ft residence offers 3 second level suites, each with a full bath and closets. Two have access to the private 2nd floor balcony overlooking beautiful downtown Stanley. The main floors hosts a massive kitchen, with a formal dining room, and two separate living areas, all designed to entertain easily. A cozy sunroom sits off the back side of the house, which leads to the hot tub & big deck, and then out to the great fire pit area. The unfinished basement has easy interior access but also has an exterior door that allows you to move cleaning supplies, linens, & other items in and out of storage easily. The hidden gem of this property is the 2-story cottage that sits on the back border of the property! This cottage hosts two completely remodeled suites, that are adorably furnished and easy to maintain. The cottage has amazing rental history and is booked year round! ALL FURNISHINGS for both house & cottage CONVEY. This property sits in an excellent location in downtown Stanley, located opposite of the adorable Coffee Shop, with local grocery stores and restaurants all within a 1 mile drive. The Shenandoah River is within 10 minutes, along with the Skyline Drive and Massanutten Resort being under 30 minutes away. This property is an INVESTORS DREAM. Again, don't miss out on the opportunity to own this beautiful piece of Page County history!

Details

Property type

Single Family Residence

Est. home value

$442,212

Lot size

0.8 acres

Price per sq ft

$186

Year built

1913

Annual property taxes

$3,633

HOA

No

Price History

09/04/2024
Bright

Bright #VAPA2003854

Price change
$589,000
-1.67%
08/07/2024
Bright

Bright #VAPA2003854

Listed
$599,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

School district: 

PAGE 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

$277,338
Asking price
$589,000
Closing costs (~8% of asking)
-$47,120
Est. remaining loan balance
-$264,542
Cash to seller
$277,338

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

October 2006

Original loan amount

$417,000

Est. remaining balance

$264,542

Interest rate

6.52%

Loan type

New Conventional, 30 year

Seller

John M Carria

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 8:10 PM

Listing updated: 09/04/2024 at 5:16 PM

Listed by: Sable C Ponn, Funkhouser Real Estate Group Phone #: (540) 743-4545

MLS: Bright #VAPA2003854

Bright logo

Recently listed in STANLEY

$229,900|2 bd|1.0 ba|Manufactured
$229,900|2 bd|1.0 ba|House
$439,000|3 bd|2.0 ba|House
$229,900|3 bd|1.0 ba|House
$199,900|3 bd|2.0 ba|House
$899,900|4 bd|3.5 ba|House
$139,900|1 bd|1.0 ba|House
$179,000|4 bd|1.0 ba|House
$550,000|4 bd|2.0 ba|House
$589,000|6 bd|6.0 ba|House