tomo logo

$566,005Estimated home value

Beds
5
Baths
3.5
sq ft
2,408

257 Rainier Rd, Mc Gaheysville, VA 22840

257 Rainier Rd

MCGAHEYSVILLE, VA 22840

  • Off market
    • Price drop $10,000↓
Welcome to your dream retreat nestled in the prestigious "Village Woods" enclave of Massanutten Village. This meticulously maintained property exudes charm and versatility, serving as both a cherished second home and a lucrative vacation rental. Boasting 5 bedrooms, 3 full baths, and a convenient half bath, this residence offers ample space for relaxation and entertainment. Step outside onto the expansive Trex deck to soak in breathtaking seasonal views or unwind in the inviting hot tub. The screened porch provides a serene escape, while the abundant parking ensures hassle-free hosting. Enhanced by its proximity to ski slopes, outdoor pool, and family entertainment center, this property embodies the essence of mountain living. Additionally, the option to convert the garage into a 6th bedroom or game room presents possibilities for customization. Offered fully furnished, this turnkey home invites you to embrace a lifestyle of comfort and convenience from the moment you arrive.

Details

Property type

Single Family Residence

Est. home value

$566,005

Lot size

0.28 acres

Price per sq ft

$270

Year built

2005

Annual property taxes

$2,769

Monthly HOA fee

$78.33

Price History

09/10/2024
CharlottesvilleVA

CharlottesvilleVA #651530

Removed
$649,900
05/22/2024
CharlottesvilleVA

CharlottesvilleVA #651530

Price change
$649,900
-1.52%
04/10/2024
CharlottesvilleVA

CharlottesvilleVA #651530

Listed
$659,900
+19.98%

Schools & Community

Elementary school: 

McGaheysville

Middle school: 

Elkton

High school: 

East Rockingham

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

$129,723
Asking price
$649,900
Closing costs (~8% of asking)
-$51,992
Est. remaining loan balance
-$468,185
Cash to seller
$129,723

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

Seller’s Loan History

Lender

Better Mortgage Corporation

Loan start date

August 2022

Original loan amount

$481,500

Est. remaining balance

$468,185

Interest rate

5.51%

Loan type

New Conventional, 30 year

Seller

Christopher Messhach Warin and Emmanuelle D Warin

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: Off Market

Tomo last checked: 09/16/2024 at 3:20 PM

Listing updated: 09/09/2024 at 1:33 PM

Listed by: Jeff Konstant, Massanutten Realty Phone #: (540) 289-6335

MLS: CharlottesvilleVA #651530

CharlottesvilleVA logo

Recently listed in MCGAHEYSVILLE

$330,000|3 bd|2.5 ba|House
$378,500|3 bd|2.5 ba|House
$469,000|4 bd|3.0 ba|House
$699,000|4 bd|3.0 ba|House
$397,000|4 bd|2.0 ba|House
$359,900|3 bd|2.0 ba|Townhouse
$639,900|6 bd|4.0 ba|House

Explore top cities in Virginia