tomo logo

$539,000

Beds
4
Baths
3.5
sq ft
4,044

2370 US Highway 211 W, Luray, VA 22835

2370 US Highway 211 W

LURAY, VA 22835

  • 392 days on market
    • Price drop $10,000↓
This distinctive property boasts an excellent location with commercial zoning. It features a 4-bedroom, 3.5-bathroom home and an additional lot for a total of 3.1 acres, all suitable for commercial use while also adaptable for residential purposes. Upon entry, you encounter an open foyer leading to a designated area with a large walk-in freezer and refrigerators, ideal for commercial ventures like a restaurant or catering service. The main level includes a kitchen flowing into a spacious room centered around a fireplace, creating a warm and inviting ambiance. A large gallery-sized room provides ample space for entertaining or hosting events. The primary suite on this level offers a spacious walk-in shower and closet for comfort and privacy. The lower level offers another expansive living area, perfect for additional living or recreational space. A bedroom suite with a separate entrance ensures privacy and convenience. Additionally, two more bedrooms and a bathroom on this level provide plenty of accommodation for family or guests. Located near renowned amenities such as Luray Caverns, Caverns Country Club, Luray Airport, and the Shenandoah River, this property offers recreational and natural beauty opportunities. While also being located just minutes from shopping and restaurants in the heart downtown Luray.

Details

Property type

Single Family Residence

Est. home value

$646,834

Lot size

3.1 acres

Price per sq ft

$134

Year built

1983

Annual property taxes

$2,194

HOA

No

Price History

07/19/2024
Bright

Bright #VAPA2002468

Price change
$539,000
-1.82%
07/17/2024
CharlottesvilleVA

CharlottesvilleVA #645121

Removed
$549,000
06/20/2024
CharlottesvilleVA

CharlottesvilleVA #645121

Price change
$549,000
-5.18%

Schools & Community

Elementary school: 

LURAY

Middle school: 

LURAY

High school: 

LURAY

School district: 

PAGE 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

Farmers & Merchants Bank

Loan start date

June 2009

Original loan amount

$250,000

Est. remaining balance

Not provided

Interest rate

4.9%

Loan type

Credit Line (Revolving), 10 year

Seller

Chandresh S Mehta and Lopa C Mehta

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: 09/19/2024 at 10:40 PM

Listing updated: 08/14/2024 at 5:54 AM

Listed by: Amanda M Downs, LPT Realty, LLC Phone #: (877) 366-2213

MLS: Bright #VAPA2002468

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