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$1,325,000

Beds
6
Baths
6.5
sq ft
4,326

8579 Opal Rd, Warrenton, VA 20186

8579 Opal Rd

WARRENTON, VA 20186

  • 115 days on market
    • Price drop $50,000↓
Imagine stepping into a charming residence from 1889 that has been thoughtfully updated to blend classic elegance with modern comforts. Nestled on 3.07 picturesque acres, this home offers a perfect balance of historical character and contemporary amenities. The exterior of the house showcases its rich heritage, featuring traditional architectural elements like a front porch with intricately detailed railings, classic gabled rooflines, and perhaps even some original fireplaces. The expansive grounds provide plenty of space for outdoor activities, gardening, or simply enjoying the serene natural surroundings, as well as the inground pool/hot tub and sauna. Inside, the home boasts 6 spacious bedrooms and 5 well-appointed bathrooms, making it ideal for both living and entertaining. The interior retains the charm of the late 19th century, with features like high ceilings, original woodwork, and some flooring. Modern updates have been seamlessly integrated into the home, ensuring comfort and convenience. The kitchen has been upgraded with stainless appliances, sleek countertops, and stylish cabinetry, all while maintaining the historical charm. The living areas are designed to offer both elegance and comfort, with large windows allowing natural light to flood in and highlight the home's period details. The bathrooms have been modernized while preserving the home's classic aesthetic. The property’s location, just 7 miles from Warrenton, offers a perfect blend of tranquility and accessibility. You’re close enough to enjoy the amenities and charm of Warrenton, yet far enough to relish the privacy and expansiveness of your own estate. Overall, this home is a splendid example of how historical charm can harmoniously coexist with modern living, offering a unique and comfortable living experience in a beautiful setting.

Details

Property type

Single Family Residence

Est. home value

$1,079,187

Lot size

3.07 acres

Price per sq ft

$307

Year built

1889

Annual property taxes

$7,221.92

HOA

No

Price History

11/12/2024
Bright

Bright #VAFQ2013440

Price change
$1,325,000
-3.64%
10/16/2024
Bright

Bright #VAFQ2013440

Price change
$1,375,000
-3.51%
09/16/2024
Bright

Bright #VAFQ2013440

Listed
$1,425,000

Schools & Community

Elementary school: 

MARGARET M. PIERCE

Middle school: 

W.C. TAYLOR

High school: 

LIBERTY

School district: 

FAUQUIER 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

$706,374
Asking price
$1,325,000
Closing costs (~8% of asking)
-$106,000
Est. remaining loan balance
-$512,626
Cash to seller
$706,374

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

Seller’s Loan History

Lender

Presidential Bank Fsb

Loan start date

October 2020

Original loan amount

$563,500

Est. remaining balance

$512,626

Interest rate

2.93%

Loan type

New Conventional, 30 year

Seller

Don Carl Gay Jr and Kimberly D Gay

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: 11/26/2024 at 6:20 AM

Listing updated: 11/12/2024 at 1:39 PM

Listed by: Brenda L Payne, Long & Foster Real Estate, Inc. Phone #: (540) 349-1400

MLS: Bright #VAFQ2013440

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