PENDING
$20K PRICE DROP
1945 Shenandoah Springs Ln Elkton, VA 22827
Estimated payment $3,928/month
Total Views
7,512
5
Beds
4
Baths
2,518
Sq Ft
$278
Price per Sq Ft
Highlights
- 1.45 Acre Lot
- Heat Pump System
- 1-Story Property
About This Home
SELLER OFFERING 25K CREDIT AT CLOSING!! Welcome to this beautifully updated 5-bedroom 4-bath waterfront chalet nestled on 1.45 acres along the Shenandoah River. Offering a perfect blend of modern updates and serene surroundings, this home makes an ideal investment property, vacation retreat, or full-time residence. Renovated in 2019, the home features three spacious main-level bedrooms, plus two more in the finished basement, which also serves as a second living space for guests. Steph outside to enjoy stunning river views from the covered party pavilion, soak in the hot tub, or take a dip in the above-ground pool. Conveniently located near Massanutten Resort and SNP, the home provides easy access to year-round outdoor activities. Currently operating as a successful short-term rental, this property has been thoughtfully designed for both comfort and versatility--whether you're relaxing by the river, hosting guests, or looking for a strong income-producing investment.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,148
Year Built
- Built in 1970
Lot Details
- 1.45 Acre Lot
- Zoning described as R-1 Residential
Home Design
- Block Foundation
- Stick Built Home
Interior Spaces
- 1-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Full Bathrooms
Schools
- Elkton Elementary And Middle School
- East Rockingham High School
Utilities
- Heat Pump System
- Private Water Source
- Well
Community Details
Listing and Financial Details
- Assessor Parcel Number 129A-1-3
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,146 | $174,600 | $45,400 | $129,200 |
| 2024 | $1,146 | $168,600 | $45,400 | $123,200 |
| 2023 | $1,146 | $168,600 | $45,400 | $123,200 |
| 2022 | $1,146 | $168,600 | $45,400 | $123,200 |
| 2021 | $909 | $122,800 | $45,400 | $77,400 |
| 2020 | $909 | $122,800 | $45,400 | $77,400 |
| 2019 | $590 | $122,800 | $45,400 | $77,400 |
| 2018 | $909 | $122,800 | $45,400 | $77,400 |
| 2017 | $898 | $121,400 | $45,400 | $76,000 |
| 2016 | $850 | $121,400 | $45,400 | $76,000 |
| 2015 | $813 | $121,400 | $45,400 | $76,000 |
| 2014 | $777 | $121,400 | $45,400 | $76,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/04/2025 08/04/25 | Pending | -- | -- | -- |
| 07/26/2025 07/26/25 | Price Changed | $699,900 | -2.8% | $278 / Sq Ft |
| 06/19/2025 06/19/25 | For Sale | $719,900 | -- | $286 / Sq Ft |
Source: Harrisonburg-Rockingham Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $215,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $300,000 | Credit Line Revolving | |
| Closed | $295,000 | Credit Line Revolving | |
| Previous Owner | $20,000 | Credit Line Revolving | |
| Previous Owner | $180,000 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Similar Homes in Elkton, VA
Source: Harrisonburg-Rockingham Association of REALTORS®
MLS Number: 665970
APN: 129A-1-L3
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