tomo logo

$190,000

Beds
4
Baths
2.5
sq ft
1,344

516 Highland Ave, Winchester, VA 22601

516 Highland Ave

WINCHESTER, VA 22601

  • 70 days on market
    • Price drop $10,000↓
Property being sold AS-IS!! Great opportunity to finish building this home as your own or as an investment property. Electricity and plumbing run throughout the house, but are not connected. The house was completely demolished, and this is new construction. 1st floor is 672 sq. ft. and includes 1 bedroom, 1/2 bath living room, kitchen, dining area, laundry room, and closet. 2nd floor 672 sq. ft. and includes 3 bedrooms, each with a closet (1 master bedroom & 2 smaller bedrooms) and 2 full bathrooms. This is a great opportunity to add your personal and finishing touches. This is a must see!

Details

Property type

Single Family Residence

Est. home value

$222,429

Property condition

New Construction

Lot size

5,097 sq ft

Price per sq ft

$142

Year built

2021

Annual property taxes

$466

HOA

No

Price History

10/12/2024
Bright

Bright #VAWI2006126

Price change
$190,000
-5%
09/16/2024
Bright

Bright #VAWI2006126

Pending
$200,000
09/13/2024
Bright

Bright #VAWI2006126

Price change
$200,000
-9.09%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

WINCHESTER CITY 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

$81,588
Asking price
$190,000
Closing costs (~8% of asking)
-$15,200
Est. remaining loan balance
-$93,212
Cash to seller
$81,588

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

Seller’s Loan History

Lender

Nationwide Lending Corp

Loan start date

August 2006

Original loan amount

$146,250

Est. remaining balance

$93,212

Interest rate

6.79%

Loan type

New Conventional, 30 year

Seller

Jeffrey S Marple and Lori J Marple

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: 10/12/2024 at 5:15 PM

Listing updated: 10/11/2024 at 8:16 PM

Listed by: Melissa Joy Perozich, Century 21 Redwood Realty Phone #: (703) 790-1850

MLS: Bright #VAWI2006126

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