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$202,861Estimated home value

Beds
3
Baths
2.0
sq ft
1,152

9532 John Sevier Rd, New Market, VA 22844

9532 John Sevier Rd

NEW MARKET, VA 22844

  • Sold On 12/9/2024
Explore this investment opportunity in the charming town of New Market with this two-story home, which offers potential for those ready to take on a project. Situated on a desirable corner lot with scenic mountain views, this property features several updates, including replacement windows throughout the years. The main floor includes a bedroom and bathroom, along with a living room, kitchen, and laundry area. The second level offers two additional bedrooms and a full bath. Noteworthy are the covered front and side porch, perfect for relaxing. Please note that while the home presents great potential, it does require significant work, including addressing the slanted addition. Located close to Interstate 81 for easy commuting and within a short distance to local shops and downtown New Market, this property is a promising opportunity for those willing to invest in its restoration. Contact us today for more details or to schedule a viewing.

Details

Property type

Single Family Residence

Est. home value

$202,861

Property condition

Fixer

Lot size

0.24 acres

Price per sq ft

$109

Year built

1906

Annual property taxes

$1,003

HOA

No

Price History

12/09/2024
Bright

Bright #VASH2009610

Sold
$125,000
09/19/2024
Bright

Bright #VASH2009610

Pending
$125,000
09/13/2024
Bright

Bright #VASH2009610

Listed
$125,000
+5.93%

Schools & Community

Elementary school: 

ASHBY-LEE

Middle school: 

NORTH FORK

High school: 

STONEWALL JACKSON

School district: 

SHENANDOAH 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

$44,701
Asking price
$125,000
Closing costs (~8% of asking)
-$10,000
Est. remaining loan balance
-$70,299
Cash to seller
$44,701

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

Seller’s Loan History

Lender

Truist Bank

Loan start date

August 2020

Original loan amount

$94,400

Est. remaining balance

$70,299

Interest rate

2.59%

Loan type

New Conventional, 15 year

Seller

Clifford D Macdonald and Tamara L Macdonald

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: Off Market

Tomo last checked: 01/15/2025 at 1:40 AM

Listing updated: 12/10/2024 at 12:42 AM

Listed by: Amanda Mumaw Gulla, Preslee Real Estate Phone #: (540) 227-4416

MLS: Bright #VASH2009610

Bright logo

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