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$715,000

Beds
3
Baths
2.0
sq ft
2,480

12720 Lee Hwy, Washington, VA 22747

12720 Lee Hwy

WASHINGTON, VA 22747

  • 74 days on market
    • Price drop $5,000↓
Restored farmhouse on 4+ acres in beautiful Rappahannock Co. Features main level gallery style living and dining rooms, 4 season sunroom, entry hall, and farmhouse style kitchen. Upper floor features 2 spacious bedrooms and newly renovated bathroom. Terrace level features Bedroom, Bath/Laundry, sunroom, large den/rec room. Property is zoned Agriculture and is located in the Commercial District. Previous commercial uses include corporate offices, healing center, distribution center and most recently an Art Gallery. Great opportunity to live and work on site. DSL available. Shown by appointment only. Tenant Occupied. Owner/Licensee.

Details

Property type

Single Family Residence

Est. home value

$775,982

Lot size

4.02 acres

Price per sq ft

$289

Year built

1920

Annual property taxes

$3,485

HOA

No

Price History

09/20/2024
Bright

Bright #655277

Price change
$715,000
-0.69%
09/20/2024
Bright

Bright #655277

Price change
$720,000
-0.69%
08/08/2024
Bright

Bright #655277

Price change
$725,000
+1.4%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

RAPPAHANNOCK

School district: 

RAPPAHANNOCK 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

Bank Of America Na

Loan start date

January 2022

Original loan amount

$378,000

Est. remaining balance

$356,758

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

Michael P Clarke and Norman M Jenkins Jr

Lender

Bank Of America Na

Loan start date

March 2018

Original loan amount

$396,000

Est. remaining balance

$345,564

Interest rate

4.04%

Loan type

New Conventional, 30 year

Seller

Michael P Clarke and Norman M Jenkins Jr

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: 10/06/2024 at 12:15 PM

Listing updated: 09/20/2024 at 9:26 AM

Listed by: NORM JENKINS, KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE Phone #: (434) 220-2200

MLS: Bright #655277

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