tomo logo

$850,000

Beds
5
Baths
4.0
sq ft
2,518

1945 Shenandoah Springs Ln, Elkton, VA 22827

1945 Shenandoah Springs Ln

ELKTON, VA 22827

  • 24 days on market
    • Price drop $45,000↓
Welcome to this stunning 5-bedroom 4 bath waterfront chalet situated on the shores of the Shenandoah River. This beautifully renovated property, updated in 2019, is a true gem of offering the perfect blend of modern comforts, close proximity to Massanutten and SNP. Currently operating as a successful turn key vacation rental, this home is a fantastic investment opportunity or private retreat for your family. Nestled on over an acre of lush yard, the property features three spacious bedrooms on main level and two additional bedrooms in the finished basement which also offers extra living space for guests to unwind. Outside, enjoy the tranquil river views from the covered party pavilion, relax in the hot tub, or take a dip in the above ground pool. Gather around the firepit for evening conversations or explore the expansive outdoor area for entertainment. This chalet has been thoughtfully designed to maximize comfort and convenience, making it an ideal destination for year-round getaways or perfect full time residence.

Details

Property type

Single Family Residence

Est. home value

$242,290

Lot size

1.45 acres

Price per sq ft

$338

Year built

1970

HOA

No

Price History

11/06/2024
Bright

Bright #VARO2001826

Price change
$850,000
-5.03%
10/15/2024
Bright

Bright #VARO2001826

Listed
$895,000
-8.21%
10/10/2024
CharlottesvilleVA

CharlottesvilleVA #657686

Removed
$975,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

First Bank

Loan start date

August 2021

Original loan amount

$300,000

Est. remaining balance

Not provided

Interest rate

2.54%

Loan type

Credit Line (Revolving)

Seller

Moccasin Investments Llc

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: 11/08/2024 at 11:50 AM

Listing updated: 11/05/2024 at 8:04 PM

Listed by: Sara Wilfong, May Kline Realty, Inc Phone #: (540) 437-3500

MLS: Bright #VARO2001826

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