tomo logo

$1,799,000

Beds
6
Baths
6.5
sq ft
9,275

524 S McDaniel Ln, Shenandoah, VA 22849

524 S McDaniel Ln

SHENANDOAH, VA 22849

  • 243 days on market
Tucked away and surrounded by peace and serenity, this elegant and spacious 9,000+ sq. ft. custom all-brick European style home offers room to spread out and entertain. Stepping inside to a grand foyer, the main level includes a library w/woodburning fireplace surrounded by reclaimed wood, formal living room w/electric fireplace, formal dining area w/tray ceiling, primary suite w/sitting area, soaking tub/separate shower, family room w/woodburning fireplace &vaulted ceiling, spacious kitchen w/breakfast area & bar, laundry room and half bath. Heading up the winding stairs or taking the back stairs, you will find 3 bedrooms with private baths (one with a Clawfoot Tub), media room with surround and an enormous billiards room w/sitting area. Just off the media room is another set of stairs heading up to another bedroom w/sitting area, private bath and an abundance of storage space. To complete the interior, head downstairs to the full finished basement with multiple family rooms, exercise room, play area, full bath, multiple workshops, woodstove area and a room set up as a bedroom. The rear porch is inviting for watching the deer gathering in the woods. The outdoor areas offer a BBQ grill and firepit. There is plenty of parking spaces as well as an attached 3 car garage. Located at the end of a long private drive, the home sits on twelve acres and also includes a separate 3 acre parcel. The 3 acres is completely wooded and could be a possible building lot. (Subject to county approval). No driving back the private road without an agent and an appointment.

Details

Property type

Single Family Residence

Est. home value

$1,807,245

Lot size

15.55 acres

Price per sq ft

$194

Year built

2003

Annual property taxes

$5,474

HOA

No

Price History

05/06/2024
Bright

Bright #VAPA2003498

Listed
$1,799,000
-10.05%
02/01/2024
CharlottesvilleVA

CharlottesvilleVA #642299

Removed
$2,000,000
06/02/2023
CharlottesvilleVA

CharlottesvilleVA #642299

Listed
$2,000,000

Schools & Community

Elementary school: 

SHENANDOAH

Middle school: 

PAGE COUNTY

High school: 

PAGE COUNTY

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

$1,422,871
Asking price
$1,799,000
Closing costs (~8% of asking)
-$143,920
Est. remaining loan balance
-$232,209
Cash to seller
$1,422,871

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

July 2007

Original loan amount

$366,000

Est. remaining balance

$232,209

Interest rate

6%

Loan type

New Conventional, 30 year

Seller

Lawrence D Heiston Jr and Lucinda H Heiston

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: 12/24/2024 at 11:00 AM

Listing updated: 08/14/2024 at 3:47 AM

Listed by: Julia A McCaughan, RE/MAX Gateway Phone #: (703) 754-1770

MLS: Bright #VAPA2003498

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