NOT LISTED FOR SALE

780 Shanghai Rd Berkeley Springs, WV 25411

Estimated Value: $487,000 - $939,000

3 Beds
3 Baths
2,284 Sq Ft
$316/Sq Ft Est. Value

Last Sold June 11, 2021

Last sale price $650,000 $285 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,035/month

About This Home

A rare find right here in desirable Berkeley Springs! Retreat from your busy daily activities of life to this one-of-a-kind country getaway. Two seven acre unrestricted parcels being sold together for a combined fourteen acres which has been freshly landscaped. This custom built home is a must see! As you enter the home you'll notice an abundance of natural light. The owners suite includes a large walk in closet, two separate sinks, free standing elegant bath tub and custom tile shower with seat. The other two bedrooms share a jack and jill style bathroom. The open kitchen is perfect for gathering together and includes a large island, a one of a kind back splash, and swinging cafe style doors leading into the family room. The stone fire place creates an alluring sight on those colder nights. The laundry area is large, has counter space, and a storage closet. The additional room can be used as an office or den. The basement has a handicap shower and rough in for sink and toilet. Easily finish it as you choose or leave as is for storage. Enjoy the breathtaking views from one of three porches or from the hot tub which conveys. There is plenty of parking for entertaining family and friends along the paved driveway, two large parking areas, two car oversized, attached garage, and three bay garage at kennel. Commercial grade pole lights line driveway. Garage and kennel is heated and air conditioned. The kennel has oil burner for radiant heated floors. The kennel has a four zone temperature control for added comfort. Above ground propane tank is for the generator to kennel and was installed in 2019. Buried propane tank is for the house generator and two fireplaces. New HVAC to home in 2021! and HVAC to kennel installed in 2016. Intercom from house to kennel adds convenience. The property also includes outbuildings, a 24'X24' pole barn with electric, and an Amish shed with electric, heat and AC. A water hydrant is also located near the barn. This location is ideal for commercial use as well!! The kennel has potential for business use, a separate home, second home, in law suite or use it as a rental. The possibilities are endless! Enjoy the seclusion and privacy while having nearby amenities such as restaurants, stores and Sleepy Creek Wildlife Management Area. The owners have taken pride in their home and it shows! This land and home is unique and has endless possibilities and awaits your imagination! Schedule your showing today.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2021
Closed on
Jun 11, 2021
Sold by
Lane David W and Lane Amy
Bought by
Espeland Justin R
Seller's Agent
Michele Kammerdiener
Samson Properties
Buyer's Agent
Charlotte Sherman
Century 21 Modern Realty Results
List Price
$699,000
Sold Price
$650,000
Premium/Discount to List
-$49,000
-7.01%
Current Estimated Value
$720,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,898
Avg. Annual Appreciation
2.34%
Original Mortgage
$520,000
Outstanding Balance
$468,739
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$252,159
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Espeland Justin R $650,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Espeland Justin R $520,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/11/2021 06/11/21 Sold $650,000 -7.0% $285 / Sq Ft View Prior Sale
05/04/2021 05/04/21 Pending -- -- --
05/01/2021 05/01/21 For Sale $699,000 -- $306 / Sq Ft

Tax History Compared to Growth

Source: Public Records

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 $2,883 $289,980 $50,760 $239,220
2024 $2,883 $270,000 $46,560 $223,440
2023 $2,649 $264,720 $46,560 $218,160
2022 $1,411 $70,530 $11,370 $59,160
2021 $1,858 $72,360 $11,380 $60,980
2020 $1,355 $174,280 $30,260 $144,020
2019 $1,731 $172,980 $30,260 $142,720
2018 $1,685 $168,420 $30,260 $138,160
2017 $1,693 $169,220 $30,260 $138,960
2016 $0 $68,780 $11,360 $57,420
Source: Public Records

Agents Affiliated with this Home

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