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$298,000

Beds
4
Baths
2.0
sq ft
2,024

1218 E Main St, Luray, VA 22835

1218 E Main St

LURAY, VA 22835

  • 78 days on market
    • Price drop $7,000↓
Charming 4-Bedroom Farmhouse with Mountain Views at 1218 E Main St, Luray Nestled in the heart of Luray, this beautiful farmhouse offers breathtaking mountainous views and an inviting blend of classic charm and modern amenities. The main level features a spacious, open kitchen perfect for gatherings, a formal dining area, a dedicated office space. and a primary suite with dual closets and an ensuite bathroom for added comfort. A second full bathroom is also conveniently located on the first floor. Upstairs, you'll find 3 large bedrooms with generous closet space. Step outside to enjoy the expansive corner outdoor space, complete with a 40x40 heated workshop featuring separate electric service, ideal for projects or storage. A large wooden shed adds even more versatility to this property, making it perfect for anyone in need of additional space. Whether you're seeking tranquility or a place to entertain, this farmhouse offers it all.

Details

Property type

Single Family Residence

Est. home value

$264,206

Lot size

0.38 acres

Price per sq ft

$148

Year built

1923

Annual property taxes

$2,134

HOA

No

Price History

10/17/2024
Bright

Bright #VAPA2003984

Price change
$298,000
-2.3%
09/20/2024
Bright

Bright #VAPA2003984

Price change
$305,000
-3.17%
09/06/2024
Bright

Bright #VAPA2003984

Listed
$315,000
+31.25%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$200,528
Asking price
$298,000
Closing costs (~8% of asking)
-$23,840
Est. remaining loan balance
-$73,632
Cash to seller
$200,528

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

Seller’s Loan History

Lender

Gmac Mortgage Llc

Loan start date

July 2007

Original loan amount

$110,000

Est. remaining balance

$73,632

Interest rate

7%

Loan type

New Conventional, 30 year

Seller

Cynthia L Wymer

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: 11/23/2024 at 5:40 PM

Listing updated: 10/17/2024 at 10:51 AM

Listed by: Sarah Carper, Preslee Real Estate Phone #: (540) 227-4416

MLS: Bright #VAPA2003984

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