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$424,900

Beds
1
Baths
1.0
sq ft
560

2619 Lynn Allen Rd, King George, VA 22485

2619 Lynn Allen Rd

KING GEORGE, VA 22485

  • 82 days on market
    • Price drop $25,000↓
Past short-term rental income has ranged between $6k and $8k monthly! Waterfront Bungalow with Stunning Views of Potomac Creek. This charming home was remodeled two years ago. It offers a serene, vacation-like lifestyle, with no HOA and prime water frontage. The bright and open main living area boasts captivating water views, while the gorgeous kitchen features an island perfect for dining and gathering. The home is equipped with high-efficiency mini-split air conditioners. The bathroom features a luxury shower, a Toto heated toilet seat, and a bidet, ensuring modern comfort and style. Outside, the expansive wrap-around deck provides an ideal space for entertaining by the water, complete with a fire pit and seating overlooking the Potomac. The owner has received an estimate for the installation of a floating dock. Set on a level quarter-acre lot with mature trees and 60 feet of water frontage, this property offers endless opportunities for outdoor enjoyment, from fishing and kayaking to paddleboarding on the calm waters. The area is a bird lover’s paradise, home to Bald Eagles, Osprey, Geese, and hundreds of other bird species year-round. For nature enthusiasts, a quick kayak or boat trip around the corner brings you to the Crow’s Nest Peninsula, a 3,800-acre protected wilderness area. If you’re looking for dining and entertainment, a short boat ride across the creek will take you to popular spots like Tim’s Rivershore and the new bar opening in Fairview in 2025. Continue southeast to enjoy the offerings at Port Tobacco in Maryland, or head north to explore the National Harbor, The Wharf, Historic Alexandria, and Georgetown in under an hour. Colonial Beach is less than an hour away, making this home a perfect base for endless exploration. Whether you are seeking a peaceful home, a second home that feels like an endless vacation, or an income-producing investment, this waterfront bungalow has it all.

Details

Property type

Single Family Residence

Est. home value

$288,828

Lot size

0.44 acres

Price per sq ft

$759

Year built

1955

Annual property taxes

$1,907

HOA

No

Price History

10/29/2024
Bright

Bright #VAKG2005340

Price change
$424,900
-5.56%
10/22/2024
Bright

Bright #VAKG2005340

Pending
$449,900
10/16/2024
Bright

Bright #VAKG2005340

Price change
$449,900
-6.25%

Schools & Community

Elementary school: 

SEALSTON

Middle school: 

KING GEORGE

High school: 

KING GEORGE

School district: 

KING GEORGE COUNTY 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

$193,124
Asking price
$424,900
Closing costs (~8% of asking)
-$33,992
Est. remaining loan balance
-$197,784
Cash to seller
$193,124

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

Seller’s Loan History

Lender

United Wholesale Mortgage Llc

Loan start date

May 2022

Original loan amount

$219,331

Est. remaining balance

$197,784

Interest rate

4.72%

Loan type

New Conventional, 17 year

Seller

Steven Kasper

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: 11/12/2024 at 6:55 PM

Listing updated: 10/29/2024 at 11:49 AM

Listed by: Anne E Hupka, Century 21 Redwood Realty Phone #: (540) 659-2161

MLS: Bright #VAKG2005340

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