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$1,500,000

Beds
3
Baths
2.0
sq ft
3,311

900 Love Rd Unit 896, 900, 901 Love Rd & 3, Lyndhurst, VA 22952

900 Love Rd Unit 896

LYNDHURST, VA 22952

  • 346 days on market
    • Price drop $300,000↓
Investment opportunity for 4 cozy cabins overlooking Back Creek just minutes from the Blue Ridge Mountains and Skyline Drive. These quaint little cabins offer peace and tranquility as well as modern amenities, sure to make your guests happy. Excellent cash flow with AirBnB history. Three cabins are on one tax parcel and the other is just a short distance down the road. Gross rents of approximately $200,000/year. Sale includes active business of 30 years and website with many years of return client recognition. Room sizes in listing are for 900 Love Rd (3BR/2BA), Dependency measurements are for 30 Creekwood Ln. (2BR/1BA) 896 Love Rd (1BA/Loft) is pre-civil war 598 sq. foot log cabin moved to the current site in 1995. The cabin was owned by a Civil War veteran with a book of the history inside. 901 Love Ln is a 637 sq. foot, 1 BR/1 BA cottage. Don't miss this excellent opportunity.

Details

Property type

Single Family Residence

Est. home value

$1,498,782

Lot size

2.76 acres

Price per sq ft

$454

Year built

1956

Annual property taxes

$2,348.01

Price History

09/13/2024
CharlottesvilleVA

CharlottesvilleVA #646488

Price change
$1,500,000
-16.67%
05/29/2024
CharlottesvilleVA

CharlottesvilleVA #646488

Price change
$1,800,000
-5.26%
05/09/2024
CharlottesvilleVA

CharlottesvilleVA #646488

Price change
$1,900,000
-5%

Schools & Community

Elementary school: 

Stuarts Draft

Middle school: 

Stuarts Draft

High school: 

Stuarts Draft

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

John I Hill

Loan start date

September 2020

Original loan amount

$395,000

Est. remaining balance

Not provided

Interest rate

3.01%

Loan type

Purchase Money Mortgage

Seller

Stanimals Llc

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: Active

Tomo last checked: 09/19/2024 at 9:25 PM

Listing updated: 09/13/2024 at 10:23 AM

Listed by: JASON P HARRIS, KELLER WILLIAMS COMMONWEALTH Phone #: (540) 221-6740

MLS: CharlottesvilleVA #646488

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The data relating to real estate for sale on this site comes in part from the Broker Reciprocity/IDX program of Charlottesville Area Association of REALTORS®, Greater Augusta Association of REALTORS® and Harrisonburg-Rockingham Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Charlottesville Area Association of REALTORS®, Greater Augusta Association of REALTORS® and Harrisonburg-Rockingham Association of REALTORS® does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright © 2024 Charlottesville Area Association of REALTORS®, Greater Augusta Association of REALTORS® and Harrisonburg-Rockingham Association of REALTORS®. All Rights Reserved.