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$335,000

Beds
3
Baths
2.0
sq ft
1,388

123 New Providence Dr, Ruther Glen, VA 22546

123 New Providence Dr

RUTHER GLEN, VA 22546

  • 14 days on market
Back on the market at no fault of the seller!! Don't miss this opportunity to own a great home! This stunning 3-bedroom, 2-bath home offers over 1,300 sq. ft. of bright, open living space on just over a quarter acre. The spacious floor plan is filled with natural light, showcasing an upgraded kitchen with granite countertops, stainless steel appliances, and soft-close cabinets. Fresh paint (2022) adds a modern touch throughout, except for the cozy baby’s room. Additional features include a smart thermostat and a large insulated crawl space for extra storage. The expansive fenced backyard (installed in 2023, $7K) is perfect for pets and outdoor enjoyment. Ideally located near Little Beach Park, residents can enjoy swimming, relaxation, and the best of lakeside living! Lake Caroline is a gated community in Ruther Glen, VA, featuring over 1,000 homes nestled around a pristine 277-acre lake. With 10 miles of tree-lined shoreline, the lake offers swimming, boating, and fishing, fed by natural springs and Stevens Mill Run. Residents enjoy year-round amenities, including a pool, tennis and pickleball courts, a clubhouse, two beaches, multiple recreation areas, and 24/7 security.

Details

Property type

Single Family Residence

Est. home value

$313,193

Lot size

Unknown

Price per sq ft

$242

Year built

2018

Annual property taxes

$1,387

Monthly HOA fee

$134.33

Price History

04/04/2025
Bright

Bright #VACV2007808

Listed
$335,000
03/25/2025
Bright

Bright #VACV2007808

Pending
$335,000
03/21/2025
Bright

Bright #VACV2007808

Listed
$335,000
+16.52%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

CAROLINE

Community features: 

Pool

School district: 

CAROLINE 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

$33,029
Asking price
$335,000
Closing costs (~8% of asking)
-$26,800
Est. remaining loan balance
-$275,171
Cash to seller
$33,029

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

November 2022

Original loan amount

$282,292

Est. remaining balance

$275,171

Interest rate

6.92%

Loan type

FHA, 30 year

Seller

Edward P Buchanan Jr and Sarah L Buchanan

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: 04/04/2025 at 9:50 PM

Listing updated: 04/03/2025 at 9:31 PM

Listed by: John J Tedesco, Lando Massey Real Estate Phone #: (540) 368-1234

MLS: Bright #VACV2007808

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