tomo logo

$675,000

Beds
4
Baths
3.5
sq ft
2,158

12462 James Monroe Hwy, Leesburg, VA 20176

12462 James Monroe Hwy

LEESBURG, VA 20176

  • 133 days on market
    • Price drop $5,000↓
VA LOAN WITH ASSUMABLE 3.75% INTEREST RATE!! HUGE $50,000 PRICE REDUCTION. ALL OFFERS DUE BY 6PM ON TUESDAY FEB 11TH! On1/24/2025 I have uploaded both lot boundaries and a Google Earth image to let buyers and agents see not only the value in the home but the land as well on close to a total of 12 acres which has river access to the Potomac River. Imagine all the possibilities for personal use and the potential of converting it to an experience for others for a campground, fishing canoeing and any other water activities your heart desires. These photos are from 2020 when it was on the market when the current owners bought the home. Home is priced below market value with it needing some TLC now with mostly all cosmetic work. We have a proposal from a contractor to do all the work and happy to share. You do not want to miss out on this opportunity with two lots for a total of 12 acres with both lots included in the sale(5.75 acres as well as the adjoining lot of another 5.83 acres) backing to the Potomac in Leesburg. Gourmet kitchen features a large island, custom built cabinets, granite counters, gorgeous backsplash and brand new stainless steel appliances. Beautiful family room allows loads of natural sunlight in through the entire wall of glass doors and opens up to a gorgeous deck overlooking the mature landscape of this property. Upstairs features 3 bedrooms, 2 full bathrooms and the laundry room as well. For your convenience this property features a tankless water heater system. Basement features a large family space, 4th bedroom with a large fireplace mantle as focal point and a full bathroom. This home also features a large detached workshop garage. Here are the previous updates on the home - Roof replaced Oct 2021 - River Roofing - $12K, Triple pane HE windows Feb 2021 - Tri-County Windows - $9K, New AC unit/heat pump for central air Jun 2021 - One Hour heating & cooling - $11K, Washer/Dryer Jun 2022 - Lowes $2K, Spray foam insulation added to all exterior walls May 2022 - USA insulation - $7K. Bring your buyers to this gorgeous oasis!

Details

Property type

Single Family Residence

Est. home value

$656,908

Lot size

5.75 acres

Price per sq ft

$313

Year built

1892

Annual property taxes

$5,267

HOA

No

Price History

02/07/2025
Bright

Bright #VALO2082146

Price change
$675,000
-0.74%
01/31/2025
Bright

Bright #VALO2082146

Price change
$680,000
-1.45%
01/11/2025
Bright

Bright #VALO2082146

Price change
$690,000
-0.72%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

LOUDOUN COUNTY PUBLIC SCHOOLS

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Mclean Mortgage Corporation

Loan start date

April 2022

Original loan amount

$643,500

Est. remaining balance

Not provided

Interest rate

3.75%

Loan type

Stand Alone Refi (Refinance of Original Loan), 30 year

Seller

Austin Derby and Catherine Derry

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: 02/26/2025 at 7:10 PM

Listing updated: 02/17/2025 at 11:49 AM

Listed by: Adam Alami, Real Broker, LLC Phone #: (855) 450-0442

MLS: Bright #VALO2082146

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