tomo logo

$400,000

Beds
3
Baths
3.0
sq ft
1,731

8244 James Monroe Hwy, Culpeper, VA 22701

8244 James Monroe Hwy

CULPEPER, VA 22701

  • 44 days on market
    • Price drop $74,999↓
MOTIVATED SELLER. OFFERED AT $400,000 WITH BUYER ASSUMING THE 2.99% SOLAR LOAN. THIS HOME IS FULLY ELECTRIC. PAIR IT WITH ELECTRIC CARS. THE SOLAR PANELS WILL POWER YOUR HOME AND CHARGE YOUR TRANSPORTATION. NEW PAINT, NEW CARPET, 2021 NEW BUILD WITH 2021 GENERAC SOLAR SYSTEM!! MOVE-IN READY AND WITH ZERO REPAIRS NEEDED. Get ready to fall in love with this stunning 2021-built home, set on a sprawling 7.5 acres of your own private paradise. This property is priced exceptionally for its size and features an open floor plan and abundant natural light. With 3 bedrooms, 2.5 bathrooms, and 2,160 sqft of space, this almost new home offers everything you’ve been searching for. Nestled down a long gravel driveway, it provides peace and tranquility surrounded by nature. The fenced-in yard and deck are perfect for entertaining and enjoying the serene surroundings. Inside, you'll find brand-new carpet and paint, modern appliances, and a 24-panel solar system with a Generac battery backup. The property also includes a spacious 2-car garage. Combining modern amenities with serene country living, this home is conveniently accessible to Culpeper, VA, route 29, and many restaurants and shopping. Don’t miss out on this incredible opportunity to own a true gem!

Details

Property type

Single Family Residence

Est. home value

$490,669

Lot size

7.59 acres

Price per sq ft

$232

Year built

2020

Annual property taxes

$2,215

HOA

No

Price History

11/06/2024
Bright

Bright #VACU2009066

Price change
$400,000
-15.79%
11/01/2024
Bright

Bright #VACU2009066

Price change
$474,999
10/16/2024
Bright

Bright #VACU2009066

Price change
$475,000
-4.81%

Schools & Community

Elementary school: 

Unknown

Middle school: 

FLOYD T. BINNS

High school: 

EASTERN VIEW

School district: 

CULPEPER 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

$37,590
Asking price
$400,000
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$330,410
Cash to seller
$37,590

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

Seller’s Loan History

Lender

Veterans United Home Loans

Loan start date

January 2021

Original loan amount

$388,000

Est. remaining balance

$330,410

Interest rate

2.99%

Loan type

VA, 20 year

Seller

Jeremy Parris

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: 11/22/2024 at 9:50 PM

Listing updated: 11/15/2024 at 10:24 AM

Listed by: Danny Lee Humphreys II, Real Broker, LLC - McLean Phone #: (855) 450-0442

MLS: Bright #VACU2009066

Bright logo

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