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$960,000

Beds
2
Baths
1.0
sq ft
950

7280 Ditchley Pl, Gloucester, VA 23061

7280 Ditchley Pl

Gloucester, VA 23061

  • Pending
    • Price drop $5,000↓
This parcel and locale epitomize the essence of Chesapeake Bay living. Nestled on the private and secluded North River in Gloucester, Virginia, this expansive 6+ acre buildable lot offers the perfect canvas for your dream retreat. With architectural plans as the sole missing element, envision your sanctuary amidst this natural beauty. The existing 950 sq ft cottage seamlessly blends modern luxury with timeless charm, featuring a renovated interior equipped with modern amenities. Enjoy breathtaking views of sunrise and sunset from the newly added pier. Boating enthusiasts will find convenience in the 24,000 lb boat lift, providing effortless access to the North River and beyond. With a mean low water depth of 4 feet, endless exploration opportunities await the fortunate new homeowner. Further enhancing the property's appeal, shoreline rip rap ensures stability and protection for years to come.

Details

Property type

Single Family Residence

Est. home value

$730,190

Lot size

6.21 acres

Price per sq ft

$1,011

Year built

1985

Annual property taxes

$3,843.08

Price History

09/16/2024
CentralVirginia

CentralVirginia #2403891

Pending
$960,000
07/17/2024
CentralVirginia

CentralVirginia #2403891

Price change
$960,000
-0.52%
05/28/2024
CentralVirginia

CentralVirginia #2403891

Price change
$965,000
-1.03%

Schools & Community

Elementary school: 

Botetourt

Middle school: 

Peasley

High school: 

Gloucester

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

$281,089
Asking price
$960,000
Closing costs (~8% of asking)
-$76,800
Est. remaining loan balance
-$602,111
Cash to seller
$281,089

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

Seller’s Loan History

Lender

Townebank Mortgage

Loan start date

March 2022

Original loan amount

$632,000

Est. remaining balance

$602,111

Interest rate

3.75%

Loan type

New Conventional, 30 year

Seller

J Michael Hall Jr and Stacey Sparkman Hall

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: Pending/Under Contract

Tomo last checked: 09/19/2024 at 5:05 PM

Listing updated: 09/16/2024 at 9:23 AM

Listed by: Julie Casey, Liz Moore & Associates Phone #: (757) 645-4106

MLS: CentralVirginia #2403891

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