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$1,890,000

Beds
5
Baths
4.5
sq ft
8,149

928 Melrose Rd, Rockingham, VA 22802

928 Melrose Rd

ROCKINGHAM, VA 22802

  • 4 days on market
The pinnacle of Shenandoah Valley Living! Nestled on over 16 private acres just outside Harrisonburg, this extraordinary custom log cabin estate offers an unparalleled blend of luxury and tranquility, with breathtaking eastern mountain and valley views from an expansive wraparound deck. This 3-level, 5 BR, 4.5 BA masterpiece has over 10,000 SF. Upon entry you are greeted by a 2 story living room with floor-to-ceiling windows and stone fireplace. The main level's open concept design connects the great room, dining room, and gourmet kitchen, which boasts custom cabinetry, a huge island, premium appliances and butler’s pantry. Main level primary suite features a vaulted ceiling, walk-in cedar closet and spa-like bath with huge jetted tub and tiled shower. Downstairs features a separate living space with a full kitchen, living room, office, 2BR and 2BA, great for guests or multi-generational living. Expansive home gym complete with sauna, and don't miss the versatile garage space for up to 5 vehicles. Extensive recent upgrades, totaling over $260,000! Outdoors, enjoy the fenced perimeter, lush landscaping, and peaceful koi pond with waterfall feature. Conveniently located only 10 minutes to shopping, dining, and JMU! One of a kind!

Details

Property type

Single Family Residence

Est. home value

$1,820,251

Lot size

16.85 acres

Price per sq ft

$232

Year built

2007

Annual property taxes

$7,093.01

Price History

11/08/2024
CharlottesvilleVA

CharlottesvilleVA #658620

Listed
$1,890,000
+5.06%
06/11/2024
Bright

Bright #645800

Removed
$1,799,000
09/18/2023
Bright

Bright #645800

Listed
$1,799,000
+61.53%

Schools & Community

Elementary school: 

Linville-Edom

Middle school: 

J. Frank Hillyard

High school: 

Broadway

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

$927,336
Asking price
$1,890,000
Closing costs (~8% of asking)
-$151,200
Est. remaining loan balance
-$811,464
Cash to seller
$927,336

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

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

October 2020

Original loan amount

$891,000

Est. remaining balance

$811,464

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Kristina G Leighty and Allan L Leighty

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: 11/12/2024 at 5:35 PM

Listing updated: 11/11/2024 at 1:33 PM

Listed by: Brad Cohen, Connexa Real Estate Phone #: (540) 830-7239

MLS: CharlottesvilleVA #658620

CharlottesvilleVA logo

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