Seller's Agent in 2024
TREY DURHAM
KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE
(434) 409-8308
5 in this area
297 Total Sales
3223 Waterloo Mill Ln Elkton, VA 22827
Estimated Value: $622,000 - $733,221
4
Beds
3
Baths
2,011
Sq Ft
$348/Sq Ft
Est. Value
Highlights
- Waterfront
- Private Lot
- Hydromassage or Jetted Bathtub
- 1.08 Acre Lot
- Multiple Fireplaces
- Sun or Florida Room
About This Home
As of April 2024Experience the Tranquility of the Shenandoah River. Whether you seek a personal retreat or aim to generate extra income through short-term rentals, this property offers endless possibilities. The current owner has had tremendous success with this log cabin as a short term rental. Tucked away in a private location at the end of the road, this home provides a serene riverfront setting with ample parking. Relax on the spacious deck or courtyard and immerse yourself in the calming river sounds and birds. A grand sunroom welcomes you into the home and will no doubt be a favorite spot. Main floor boasts a living room, bathroom, and an eat-in kitchen. Upstairs, discover two bedrooms, a full bath, and a balcony offering stunning river and mountain views. The lower level features a third bedroom with rustic rock accent wall, a large bath with a jetted tub and shower, and a laundry room. Easily access the outdoors through the patio, and adjacent to the main house, a charming tiny cabin accommodates another bedroom. 5 minutes to Massanutten Ski Resort with waterpark and golf! Property stays booked during summers, all bookings will convey with sale. Property is sold fully furnished. Owner financing/lease purchase only.
Last Agent to Sell the Property
KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE License #0225059774 Listed on: 03/09/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,089
Year Built
- Built in 1900
Lot Details
- 1.08 Acre Lot
- Waterfront
- Street terminates at a dead end
- Private Lot
- Open Lot
- Property is zoned A-1 Agricultural
Home Design
- Concrete Block With Brick
- Log Siding
Interior Spaces
- 2-Story Property
- Multiple Fireplaces
- Gas Log Fireplace
- Entrance Foyer
- Living Room with Fireplace
- Sun or Florida Room
- Water Views
Kitchen
- Eat-In Kitchen
- Electric Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- Bathroom on Main Level
- 3 Full Bathrooms
- Hydromassage or Jetted Bathtub
Laundry
- Laundry Room
- Washer and Dryer Hookup
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Basement Windows
Outdoor Features
- Patio
- Front Porch
Schools
- Mcgaheysville Elementary School
- Montevideo Middle School
- East Rockingham High School
Utilities
- Heat Pump System
- Septic Tank
- Satellite Dish
Listing and Financial Details
- Assessor Parcel Number 129-A-211-A
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 9, 2024
Closed on
Apr 3, 2024
Sold by
Williams Timothy R
Bought by
Atlantic Investments Property Llc
Seller's Agent
TREY DURHAM
KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE
Buyer's Agent
Nick Whitelock
Massanutten Realty
List Price
$649,900
Sold Price
$711,000
Premium/Discount to List
$61,100
9.4%
Views
152
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,195
Avg. Annual Appreciation
0.15%
Original Mortgage
$211,000
Outstanding Balance
$208,245
Interest Rate
6.9%
Mortgage Type
Seller Take Back
Estimated Equity
$504,245
Purchase Details
Closed on
Oct 22, 2010
Sold by
Hine Richard and Hine Mary E
Bought by
Williams Timothy R
Purchase Details
Closed on
Oct 5, 2007
Sold by
Hine Mary E
Bought by
Hine Mary E and Hine Richard
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
7.5%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Atlantic Investments Property Llc | $711,000 | Investors Title | |
| Williams Timothy R | $218,000 | Investors Title Insurance Co | |
| Hine Mary E | -- | Certified Title Corporation |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Atlantic Investments Property Llc | $211,000 | |
| Previous Owner | Williams Timothy R | $244,400 | |
| Previous Owner | Hine Mary E | $210,000 | |
| Previous Owner | Galvin Catherine C | $55,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/08/2024 04/08/24 | Sold | $711,000 | +9.4% | $354 / Sq Ft |
| 03/16/2024 03/16/24 | Pending | -- | -- | -- |
| 03/09/2024 03/09/24 | For Sale | $649,900 | -- | $323 / Sq Ft |
Source: Charlottesville area Association of Realtors®
Tax History Compared to Growth
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 | $2,089 | $307,200 | $42,600 | $264,600 |
| 2024 | $2,089 | $307,200 | $42,600 | $264,600 |
| 2023 | $2,089 | $307,200 | $42,600 | $264,600 |
| 2022 | $2,089 | $307,200 | $42,600 | $264,600 |
| 2021 | $1,513 | $204,500 | $42,600 | $161,900 |
| 2020 | $1,513 | $204,500 | $42,600 | $161,900 |
| 2019 | $1,513 | $204,500 | $42,600 | $161,900 |
| 2018 | $1,513 | $204,500 | $42,600 | $161,900 |
| 2017 | $1,481 | $200,100 | $42,600 | $157,500 |
| 2016 | $1,401 | $200,100 | $42,600 | $157,500 |
| 2015 | $1,341 | $200,100 | $42,600 | $157,500 |
| 2014 | $1,281 | $200,100 | $42,600 | $157,500 |
Source: Public Records
Agents Affiliated with this Home
-
TREY DURHAM
-
Tara Savage
Seller Co-Listing Agent in 2024
Tara Savage
KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE
(434) 981-4458
4 in this area
319 Total Sales
-
Nick Whitelock
Buyer's Agent in 2024
Nick Whitelock
Massanutten Realty
(540) 383-9601
78 in this area
444 Total Sales
Map
Source: Charlottesville area Association of Realtors®
MLS Number: 650369
APN: 129-A-L211A
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