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$447,450

Beds
5
Baths
3.0
sq ft
3,768

201 Happy Creek Rd, Locust Grove, VA 22508

201 Happy Creek Rd

LOCUST GROVE, VA 22508

  • 32 days on market
201 Happy Creek, Locust Grove, Virginia in Lake of the Woods Subdivision is a stunning home with 5 bedrooms, 3 full baths, two kitchens, and two laundry rooms. The main kitchen is a chef’s dream, featuring expansive cabinetry for ample storage, extra countertop space for meal preparation, and a peninsula with additional seating—perfect for casual dining or entertaining. There’s also a spacious desk area designed as a planning center or workspace, ideal for a computer or home office setup. The kitchen also boasts granite countertops and some stainless-steel appliances. The home’s layout is designed for comfort and entertainment, with a large great room, a separate dining room, and a cathedral ceiling that showcases the impressive floor plan. The fully finished basement includes a wet bar and another spacious great room, offering even more space for gatherings. A sliding glass door leads to a screened-in patio, providing a peaceful outdoor retreat, while French doors off the main-level great room open to a large, extra-wide deck—ideal for enjoying the scenic surroundings. Additionally, the second car garage has been enclosed as a flex space but still retains the original garage flooring, allowing for an easy conversion back to a two-car garage. Tax records still reflect a two-car garage. This home is located in Lake of the Woods, a sought-after gated community with an abundance of amenities, including a golf course, tennis courts, beaches, walking trails, tot-lots, riding stables, soccer fields, and a pier/dock for boat launching. One of the downstairs bedrooms is not to code. This home may qualify for Seller Financing (Vendee), making it an excellent opportunity for prospective buyers.

Details

Property type

Single Family Residence

Est. home value

$440,302

Lot size

0.51 acres

Price per sq ft

$119

Year built

1990

Annual property taxes

$2,683

Monthly HOA fee

$145

Price History

01/31/2025
Bright

Bright #VAOR2008828

Listed
$447,450
+16.83%
08/30/2021
Bright

Bright #VAOR2000106

Sold
$383,000

Schools & Community

Elementary school: 

LOCUST GROVE

Middle school: 

LOCUST GROVE

High school: 

ORANGE CO.

Community features: 

Pool, Street Lights

School district: 

ORANGE 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

$50,134
Asking price
$447,450
Closing costs (~8% of asking)
-$35,796
Est. remaining loan balance
-$361,520
Cash to seller
$50,134

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 Research Center Llc

Loan start date

August 2021

Original loan amount

$391,809

Est. remaining balance

$361,520

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Joshua A Terry

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: 03/04/2025 at 12:05 AM

Listing updated: 02/14/2025 at 2:51 PM

Listed by: Michelle Thompson, CTI Real Estate Phone #: (540) 785-7800

MLS: Bright #VAOR2008828

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