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$600,000

Beds
4
Baths
3.5
sq ft
2,804

2969 Magnolia Bnd, Charlottesville, VA 22911

2969 Magnolia Bnd

CHARLOTTESVILLE, VA 22911

  • <1 day on market
    • Open house Mar 15
Your Forever Home Awaits in This Charming 4-Bedroom Gem! Step into comfort and create lasting memories in this delightful 4-bedroom home, built in 2000 and nestled within the highly desirable Forest Lakes Subdivision. This property offers the perfect blend of classic charm and modern potential, ready for you to make it home. You will love the functional floor plan, perfect for both everyday life and entertaining. The renovated kitchen, open living to kitchen concept, natural wood floors, main level office, and large master bedroom are just a few of the amazing features of this home. Experience the benefits of a well-maintained community with mature landscaping, friendly neighbors, and a welcoming atmosphere. There are also multiple pools, tennis courts, pickle ball courts, walking to schools, sports fields, miles of walking and running trails, and the list goes on. Forest Lakes is ideally located for folks working in the City of Charlottesville, JAG School, NGIC, DIA, and UVA. Owner renovations you can't see in the pictures are the following: Replaced entire HVAC by Beck Cohen in April 2024, converted stove/oven to natural gas, new kitchen disposal, and the audry dryer can be electric or natural gas.,Granite Counter,Maple Cabinets,White Cabinets,Wood Cabinets,Fireplace in Living Room

Details

Property type

Single Family Residence

Est. home value

$533,806

Lot size

0.25 acres

Price per sq ft

$214

Year built

2000

Annual property taxes

$2,025

Monthly HOA fee

$111

Price History

03/15/2025
Bright

Bright #661950

Listed
$600,000
+51.23%
12/01/2018
Bright

Bright #579052

Sold
$396,750

Schools & Community

Elementary school: 

HOLLYMEAD

Middle school: 

Unknown

High school: 

ALBEMARLE

Community features: 

Pool

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

$206,981
Asking price
$600,000
Closing costs (~8% of asking)
-$48,000
Est. remaining loan balance
-$345,019
Cash to seller
$206,981

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

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

September 2020

Original loan amount

$382,900

Est. remaining balance

$345,019

Interest rate

3.01%

Loan type

New Conventional, 30 year

Seller

John R Lynch and Tiffany L Lynch

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: 03/15/2025 at 1:45 PM

Listing updated: 03/15/2025 at 10:54 AM

Listed by: DARIAN COCHRAN, AVENUE REALTY, LLC Phone #: (434) 326-5477

MLS: Bright #661950

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