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$369,000

Beds
3
Baths
2.0
sq ft
1,414

23 Rainbow Ln, Hedgesville, WV 25427

23 Rainbow Ln

HEDGESVILLE, WV 25427

  • 7 days on market
Newly renovated chalet cabin with luxurious touches throughout, located in The Woods Resort with access to an indoor and outdoor pool and all resort amenities! Professionally designed with all new furniture, modern decor, and hot tub. Seller spent over $52,000 upgrading the property. As a vacation rental, it has generated $104,000 over the past 21 months, and can come with an existing property manager and cleaners. This cabin has everything: loft-style chalet design with huge windows (lets in tons of natural light!), a wood-burning fireplace, mini-splits, gas stove, beautiful hickory wood floors, butcher block counter, brand new dishwasher and stacked Bosch laundry center, French doors, split-rail fenced yard, freshly painted inside and out. New windows, totally renovated and updated bathrooms on both levels. Two-car garage and good storage under the house in the crawl space. Brand new roof in 2021 (30 year warranty) over the house and garage. On public water and septic. Property currently has Class B family membership to The Woods, giving you full access to all the resort amenities including both indoor and outdoor pools, hot tub, tennis, racquetball, and basketball courts (indoor and outdoor), full exercise room, and 18-hole golf course (golf course requires additional green fees). Hot tub and furniture optional, available for purchase. See agent notes for summary of rental history and financials. $5,000 buyer credit if you continue using the same property manager. Perfect vacation home or investment property!

Details

Property type

Single Family Residence

Est. home value

$307,354

Lot size

1.13 acres

Price per sq ft

$261

Year built

1986

Annual property taxes

$1,070

Monthly HOA fee

$66.67

Price History

09/12/2024
Bright

Bright #WVBE2032774

Listed
$369,000
+23%
10/17/2022
Bright

Bright #WVBE2013252

Sold
$300,000
+107.04%
05/26/2016
Bright

Bright #1000564979

Sold
$144,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

School district: 

BERKELEY COUNTY 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 Clark County

Loan start date

December 2022

Original loan amount

$1,135,425

Est. remaining balance

Not provided

Interest rate

5.95%

Loan type

Commercial

Seller

23 Rainbow Ln Llc and 20 Shawnee Trl 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: 09/18/2024 at 10:10 PM

Listing updated: 09/18/2024 at 8:26 AM

Listed by: Anthony Cappaert, Blue Valley Real Estate Phone #: (866) 719-1907

MLS: Bright #WVBE2032774

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