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$729,000

Beds
4
Baths
3.5
sq ft
3,582

1542 Burgundy Ln, Charlottesville, VA 22911

1542 Burgundy Ln

CHARLOTTESVILLE, VA 22911

  • 8 days on market
Beautiful home desirable Forest Lakes neighborhood* 4 spacious bedrooms and 3.5 baths* This home features hardwood floors on the main level. Gourmet kitchen has island with granite countertops and stainless steel appliances* spacious family room with stone gas fireplace* finished basement with full bath, 2 car garage* Community amenities, pools, fitness center, clubhouses, tennis and more* Shopping centers* easy commute to NGIC, UVA.

Details

Property type

Single Family Residence

Est. home value

$683,872

Lot size

4,138 sq ft

Price per sq ft

$204

Year built

2014

Annual property taxes

$4,762

Monthly HOA fee

$27.5

Price History

02/15/2025
Bright

Bright #VAAB2000884

Listed
$729,000
+77.65%
05/22/2014
CharlottesvilleVA

CharlottesvilleVA #516021

Sold
$410,362

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

ALBEMARLE 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

$377,460
Asking price
$729,000
Closing costs (~8% of asking)
-$58,320
Est. remaining loan balance
-$293,220
Cash to seller
$377,460

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

Seller’s Loan History

Lender

Mortgage One Solutions Inc

Loan start date

December 2022

Original loan amount

$300,000

Est. remaining balance

$293,220

Interest rate

7.08%

Loan type

New Conventional, 30 year

Seller

Lisa Nguyen

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: 02/23/2025 at 9:40 AM

Listing updated: 02/17/2025 at 9:14 AM

Listed by: Lynn La, NBI Realty, LLC Phone #: (703) 256-6247

MLS: Bright #VAAB2000884

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