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$1,595,000

Beds
4
Baths
4.5
sq ft
4,589

275 Spring Ln, Charlottesville, VA 22903

275 Spring Ln

CHARLOTTESVILLE, VA 22903

  • 46 days on market
    • Price drop $100,000↓
NEW IMPROVED PRICE Architect designed contemporary built by Shelter Associates with natural light filled rooms opening to wonderful outdoor living spaces on a cul-de-sac in the quiet Ivy Neighborhood of Spring Hill. This beautiful home features a first floor master suite with a spa bathroom, three additional bedrooms and baths, plus a private study or home office with a full bath, formal living room with fireplace and dining room. The blue and white chef's kitchen has a Viking gas range, Viking refrigerator, new Bosch dishwasher, KitchenAid wall oven, granite counters, and opens to the spacious family room with stone fireplace, wet bar and stairway to second floor open loft. Double doors and abundant windows invite you out to terraces and lovely pool and pool deck. Perfect for entertaining. There is a fully conditioned two car garage off the kitchen. A terrace level guest or au pair efficiency quarters and recreation room complete the residence. The landscaped grounds offer mature plantings, an open yard, acres of woods and a creek to explore all in a magical private setting in the Heart of Ivy. Minutes to UVA and everything Charlottesville has to offer. Western schools.,Glass Front Cabinets,Granite Counter,Painted Cabinets,Fireplace in Family Room,Fireplace in Living Room

Details

Property type

Single Family Residence

Est. home value

$1,607,621

Lot size

6.08 acres

Price per sq ft

$348

Year built

1985

Annual property taxes

$12,023

Monthly HOA fee

$33.33

Price History

06/21/2024

Bright #653127

Price change
$1,595,000
-5.9%
05/23/2024

Bright #653127

Listed
$1,695,000
+41.84%
09/19/2020

Bright #604618

Sold
$1,195,000

Schools & Community

Elementary school: 

MURRAY

Middle school: 

HENLEY

High school: 

WESTERN ALBEMARLE

School district: 

ALBEMARLE 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

$644,556
Asking price
$1,595,000
Closing costs (~8% of asking)
-$127,600
Est. remaining loan balance
-$822,844
Cash to seller
$644,556

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

Seller’s Loan History

Lender

First Heritage Mortgage Llc

Loan start date

August 2020

Original loan amount

$896,250

Est. remaining balance

$822,844

Interest rate

3.13%

Loan type

New Conventional, 30 year

Seller

Gregor M Maier and Catherine L Maier

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: 07/05/2024 at 8:20 PM

Listing updated: 06/27/2024 at 2:03 AM

Listed by: TIM MICHEL, MCLEAN FAULCONER INC., REALTOR Phone #: (434) 295-1131

MLS: Bright #653127

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