tomo logo

$525,000

Beds
3
Baths
2.5
sq ft
1,664

4809 Grove Hill River Rd, Shenandoah, VA 22849

4809 Grove Hill River Rd

SHENANDOAH, VA 22849

  • 37 days on market
    • Price drop $20,000↓
We invite you to schedule a showing for your next riverside sanctuary where traditional charm and modern comforts create the perfect escape. Imagine waking up to breathtaking river views and stepping outside to your very own enchanting porch, the ideal spot for morning coffees as the world wakes up around you. This is more than just a home; it's a gateway to endless adventures and unforgettable memories. Nestled on prime river frontage, The Grovey Retreat offers easy access to swimming, kayaking, paddling, and tubing right from your backyard. The river is your playground, and the serene, flowing waters are perfect for a leisurely float or an exciting paddle. Anglers will love the fishing opportunities, with the river practically at your doorstep. Whether you’re casting a line or taking a refreshing dip, the river is always calling. As the sun sets, gather around the fire pit under a blanket of twinkling lights. Picture cozy evenings with friends and family, roasting marshmallows, and sharing stories by the fire. And when the stars come out, unwind in the hot tub, letting the warm bubbles soothe you as you gaze up at the night sky. For those who love a good read, the quiet reading room offers a peaceful haven to escape with your favorite book. Inside, the home is a blend of rustic charm and modern amenities. The kitchen, equipped with a stainless steel refrigerator and dishwasher, is ready for your culinary creations. Whether you're preparing a feast for guests or a simple meal for yourself, you'll have everything you need at your fingertips. The multi-game table and Dolby sound system provide endless entertainment, whether you’re hosting a game night or enjoying a movie with immersive sound. This property is more than just a beautiful home; it’s a turn-key short-term rental with immense potential for increasing revenue. The Grovey Retreat has been a successful Airbnb, offering guests a unique blend of relaxation and adventure. Or, if you're looking for a personal residence or a second home, this is the perfect place to create your own riverfront retreat. With pup-friendly spaces, a magical porch, and all the modern comforts you could wish for, The Grovey Retreat is ready to welcome its next owners. Don’t miss out on the opportunity to own this riverside gem, where every day can be a new adventure, and every evening can be a serene escape. The Grovey Retreat is waiting for you to create your next chapter here.

Details

Property type

Single Family Residence

Est. home value

$342,560

Lot size

3.71 acres

Price per sq ft

$316

Year built

1986

Annual property taxes

$1,826

HOA

No

Price History

08/28/2024
Bright

Bright #VAPA2003738

Price change
$525,000
-3.67%
08/14/2024
Bright

Bright #VAPA2003738

Listed
$545,000
+41.56%
08/24/2022
Bright

Bright #VAPA2001156

Sold
$385,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

PAGE 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

$365,233
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$117,767
Cash to seller
$365,233

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

Seller’s Loan History

Lender

Branch Banking And Trust Co

Loan start date

January 2010

Original loan amount

$172,000

Est. remaining balance

$117,767

Interest rate

4.87%

Loan type

New Conventional, 30 year

Seller

Donna S Wright and Bruce L Wright

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: 09/19/2024 at 5:45 PM

Listing updated: 08/28/2024 at 7:53 PM

Listed by: Karen Reynoso, Real Broker, LLC - McLean Phone #: (855) 450-0442

MLS: Bright #VAPA2003738

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