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$1,490,000

Beds
6
Baths
7.0
sq ft
6,012

927 Michie Tavern Ln, Charlottesville, VA 22902

927 Michie Tavern Ln

CHARLOTTESVILLE, VA 22902

  • 65 days on market
    • Price drop $10,000↓
Privacy, views, pool, pond, trails, sport court, four car garage and more embody this potential multi generational 6+ acre compound. Extensive remodel of this 6 bed 6 full bath property. Incredible offering so close to downtown Cville and surrounded by great and historic local attractions. Open concept gourmet kitchen flows into family room and dining room, Hardwood flooring throughout main level. First floor primary suite with large bathroom and closets. Secondary primary suite located on second floor with extensive closet and storage space and not one but TWO primary baths flanking this 2nd floor primary suite. Finished basement with large recreation space, en suite bedrooms. Large deck with pool leading to a detached 1 bed and full bath auxiliary dwelling. 3D and full motion video tours viewable in media sections.,Granite Counter,White Cabinets,Fireplace in Bedroom,Fireplace in Family Room

Details

Property type

Single Family Residence

Est. home value

$941,298

Lot size

6.07 acres

Price per sq ft

$248

Year built

1974

Annual property taxes

$7,750

HOA

No

Price History

06/26/2024

Bright #652404

Price change
$1,490,000
-0.67%
06/13/2024

Bright #652404

Price change
$1,500,000
-18.92%
05/01/2024
CharlottesvilleVA

CharlottesvilleVA #650322

Removed
$1,850,000
+15.63%

Schools & Community

Elementary school: 

Unknown

Middle school: 

WALTON

High school: 

MONTICELLO

School district: 

ALBEMARLE 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

$962,815
Asking price
$1,490,000
Closing costs (~8% of asking)
-$119,200
Est. remaining loan balance
-$407,985
Cash to seller
$962,815

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

Seller’s Loan History

Lender

First Midwest Bank

Loan start date

April 2020

Original loan amount

$446,000

Est. remaining balance

$407,985

Interest rate

3.45%

Loan type

New Conventional, 30 year

Seller

Anthony Anderw Monaghan and Dayna Rae Monaghan

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: 07/05/2024 at 7:45 PM

Listing updated: 06/29/2024 at 3:03 PM

Listed by: H. JORDAN HAGUE, OLD DOMINION REALTY & INVESTMENT LLC Phone #: (434) 964-7283

MLS: Bright #652404

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