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$409,000

Beds
2
Baths
1.5
sq ft
1,506

324 Todds Creek Ln, Mathews, VA 23109

324 Todds Creek Ln

Mathews, VA 23109

  • 88 days on market
    • Price drop $16,000↓
Waterfront Rancher on Todd's Creek with quick to East River & Mobjack Bay and on 2.49 Acres. Pier with boatlift, & protected rip-rap shoreline. This home is conveniently located near Mathew's courthouse area for shopping, schools, & restaurants. You will love the open floor plan with a large great room allowing for a dining area, living area, & open kitchen with a nice Island for entertaining. There is a large den area that goes out to a newly screened porch - that you certainly will enjoy spring, summer, & fall on. The home offers 2 spacious bedrooms and 1.5 bathrooms. Some features are- hardwood floors, granite counter tops, ceiling fans, & water softener. There is a composite covered deck as well to enjoy and entertain on. This property offers a 2-car detached garage with a large, finished room above that would allow for overflow guests, work at home office, or game room. The garage has a covered carport as well. There is also a pavilion on the property as there are 2 parcels that convey with this property and owner was told there is an additional 3-bedroom septic installed on the additional parcel Looking for that affordable waterfront- look no more you will enjoy this lovely home and all it has to offer! So quick to Mobjack Bay!

Details

Property type

Single Family Residence

Est. home value

$367,083

Lot size

2.61 acres

Price per sq ft

$272

Year built

1992

Annual property taxes

$2,341

Monthly HOA fee

$10

Price History

10/10/2024
CentralVirginia

CentralVirginia #2425077

Price change
$409,000
-3.76%
10/08/2024
CentralVirginia

CentralVirginia #2425077

Removed
$425,000
09/25/2024
CentralVirginia

CentralVirginia #2425077

Listed
$425,000
+78.95%

Schools & Community

Elementary school: 

Mathews

Middle school: 

Thomas Hunter

High school: 

Mathews

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

$137,015
Asking price
$409,000
Closing costs (~8% of asking)
-$32,720
Est. remaining loan balance
-$239,265
Cash to seller
$137,015

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

Seller’s Loan History

Lender

Guaranteed Rate Inc

Loan start date

January 2022

Original loan amount

$255,000

Est. remaining balance

$239,265

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

Robert Mcclung Hoover

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?

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Status: Active

Tomo last checked: 12/22/2024 at 4:35 PM

Listing updated: 10/20/2024 at 5:10 PM

Listed by: Renee Ashberry Edwards, Morgan & Edwards Real Estate Phone #: (804) 725-1951

MLS: CentralVirginia #2425077

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