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$1,995,000

Beds
3
Baths
5.0
sq ft
10,620

12517 Spotswood Trl, Elkton, VA 22827

12517 Spotswood Trl

ELKTON, VA 22827

  • 438 days on market
    • Price drop $255,000↓
Beauty abounds at this exquisite French provincial style property, conveniently located on Route 33, near Massanutten. Enter through handsomely crafted stone pillars, with lights and an electric wrought-iron gate, and follow the driveway around the immaculately maintained grounds filled with lush landscaping. Grounds also feature a replica of the historic Mabry Mill, a pond, multiple courtyards, stone paths, walkways, and more. The exterior features expertly crafted quoin brickwork, arches, and stone masonry, with expansive covered brick patios. Enter the property through a grand front entrance into a large foyer and gallery/great room. The main level features a great room, kitchen, sunroom, multiple offices, workspace, and a production wing (currently used for business purposes). The second level features the residence with three primary bedroom and ensuite bathrooms, a luxurious dining room, a spacious kitchen with an island and plenty of countertop and cabinetry space. Throughout the property you will find exquisite detail and craftsmanship; including, custom trim, arch doorways and windows, grand pillars, high ceilings, + more. The property currently operates a business with a special use permit for a photography studio.,Cherry Cabinets,Formica Counter,Oak Cabinets,Solid Surface Counter,White Cabinets,Fireplace in Great Room,Fireplace in Kitchen,Fireplace in Living Room

Details

Property type

Single Family Residence

Lot size

14.77 acres

Price per sq ft

$188

Year built

1991

Annual property taxes

$9,113.36

HOA

No

Price History

10/01/2024
Bright

Bright #646569

Price change
$1,995,000
-11.33%
10/13/2023
Bright

Bright #646569

Listed
$2,250,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

ELKTON

High school: 

EAST ROCKINGHAM

School district: 

ROCKINGHAM 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

Blue Ridge Bank

Loan start date

July 2023

Original loan amount

$200,000

Est. remaining balance

Not provided

Interest rate

6.39%

Loan type

Credit Line (Revolving)

Seller

Priscilla R Good

Lender

Dean M Nichols

Loan start date

December 2022

Original loan amount

$100,000

Est. remaining balance

Not provided

Interest rate

5.71%

Loan type

Credit Line (Revolving)

Seller

Priscilla R Good

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: 12/24/2024 at 9:10 AM

Listing updated: 11/14/2024 at 2:04 PM

Listed by: AMY HUGHES, AVENUE REALTY, LLC Phone #: (434) 326-5477

MLS: Bright #646569

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