tomo logo

$650,000

Beds
3
Baths
3.0
sq ft
2,629

40 Oak Ln, Staunton, VA 24401

40 Oak Ln

STAUNTON, VA 24401

  • 17 days on market
Want a magical life? Your dream home awaits! Feel like you're on vacation everyday in this storybook retreat, custom built for a doctor and his wife in 1974, whose vision and commitment to excellence shine in every detail. Inside, enjoy a bright, open layout that can accommodate one-level living if desired. From the stone fireplace to the wood shutters on the bedroom windows, every corner reflects enduring quality. Outside, an enormous, wrap-around deck is a perfect place to relax beneath leafy canopies. Though less than two miles to the heart of Downtown, the home is nestled on a three-lot parcel that feels like a nature sanctuary. It's hard to describe the surprise of finding a home like this one tucked away in a neighborhood. Have a soak in hot tub just a few steps from the owner's suite...build a fire down by the bamboo pit...camp in the yard..get comfy on the deck by the chiminea...enjoy a workshop or art space in the heated garage. Don't miss this chance to own a home that makes you feel like a movie star. Schedule your private showing today!

Details

Property type

Single Family Residence

Est. home value

$404,793

Lot size

0.78 acres

Price per sq ft

$248

Year built

1974

Annual property taxes

$3,228.56

Price History

12/06/2024
CharlottesvilleVA

CharlottesvilleVA #659284

Listed
$650,000
+80.56%
05/25/2021
CharlottesvilleVA

CharlottesvilleVA #615949

Sold
$360,000

Schools & Community

Elementary school: 

T.C. McSwain

Middle school: 

Shelburne

High school: 

Staunton

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

$281,879
Asking price
$650,000
Closing costs (~8% of asking)
-$52,000
Est. remaining loan balance
-$316,121
Cash to seller
$281,879

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

Seller’s Loan History

Lender

C&F Mortgage Corp

Loan start date

May 2021

Original loan amount

$342,000

Est. remaining balance

$316,121

Interest rate

3.18%

Loan type

New Conventional, 30 year

Seller

Adam Lee Smith

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: 12/23/2024 at 4:30 AM

Listing updated: 12/15/2024 at 2:03 PM

Listed by: KRISTIE CROSS, 1ST DOMINION REALTY INC Phone #: (434) 974-5680

MLS: CharlottesvilleVA #659284

CharlottesvilleVA logo

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