ParkingBasement, Direct Access, Driveway, On Street, Unpaved
Year Built1975
HeatingWood, Wood Stove
CoolingWindow Unit(s)
BasementYes
WaterfrontLake Front, Water Access
FireplaceWood Burning
ViewWater
MLS #2431693
Lot Size0.21 Acres
StatusSale Pending (Pending)
About 217 Locust Dr
Calling all investors & rehabbers looking to add a water access community to your rental portfolio! This charming 2-bedroom, 1-bathroom A-frame home, designed to resemble a cozy Swiss chalet, is nestled in the gated Lake Louisa community of Blue Ridge Shores! While this home needs some work, it has great bones & endless potential for the right person to bring it back to life. The bright & airy living space is filled with natural light thanks to large windows, while the second-story loft bedroom overlooks the living room, adding to its open & inviting charm. Recent updates include a new roof installed just two years ago & a new water heater added last year, giving you a solid foundation to build upon. Additional features include a basement-level garage & an unfinished half-basement at the rear, providing ample storage or room for future expansion. This charmer is being sold as an investment property with tenants in place until May 2025, with the option to extend the current lease. Property is being strictly sold as-is, where-is.
Property Details
Property Features
Property Information:
Architectural Style: A-Frame
Year Built: 1975
Living Area: 998 SqFt
Listing Office:
Office Name: ERA Woody Hogg & Assoc
Office Phone: (804) 559-4644
Listing Agent: Annie Nissen
Interior Features
Interior Information:
Appliances: Dishwasher, Electric Water Heater, Oven, Stove
Basement: Yes
Flooring Type: Laminate, Linoleum
Interior: Bedroom on Main Level, Cathedral Ceiling(s), Fireplace
Fireplace: Wood Burning
Bedroom and Bathroom Information:
Full Bathrooms: 1
Total Bedroom Count: 2
Exterior Features
Exterior Information:
Private Pool: No
Waterfront: Lake Front, Water Access
View: Water
Exterior: Deck, Porch, Unpaved Driveway
Parking Information:
Parking: Basement, Direct Access, Driveway, On Street, Unpaved
Lot Features
Lot Information:
Lot Size: 0.21 Acres
Utilities
Utilities Information:
Heating: Wood, Wood Stove
Cooling: Window Unit(s)
Price Information
Listing Price Info
Price Summary:
List Price: $175,000
Price Per SqFt: $175/SqFt
HOA Fees:
Amount: $1430
Frequency: Annually
Tax Information:
Annual Amount: $724
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Louisa, VA.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,060
Per Month
Principal & Interest
$874
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$119
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$591
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Trevilians Elementary School
2035 S Spotswood Trl
Distance between this listing and this school4.79 miles
Public District Grades PK-5
7
/10
Thomas Jefferson Elementary School
1782 Jefferson Hwy
Distance between this listing and this school8.43 miles
Public District Grades PK-5
7
/10
Gordon-Barbour Elementary School
500 W Baker St
Distance between this listing and this school9.55 miles
Public District Grades PK-5
Nearby Schools
6
/10
Louisa County Middle School
1009 Davis Hwy
Distance between this listing and this school7.97 miles
Public District Grades 6-8
3
/10
Prospect Heights Middle School
202 Dailey Dr
Distance between this listing and this school10.59 miles
Public District Grades 6-8
4
/10
Locust Grove Middle School
6368 Flat Run Rd
Distance between this listing and this school19.53 miles
Public District Grades 6-8
Nearby Schools
7
/10
Louisa County High School
757 Davis Hwy
Distance between this listing and this school8.27 miles
Public District Grades 9-12
5
/10
Orange County High School
201 Selma Rd
Distance between this listing and this school10.36 miles
Public District Grades 9-12
4
/10
Spotsylvania High School
6975 Courthouse Rd
Distance between this listing and this school20.33 miles
The neighbors living near this home have an average income of $73,694. Most Louisa, VA residents have annual incomes between $35k-100k. Residents typically live in married, no kids family. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 217 Locust Dr
What is the listing price of this property?
The listing price of 217 Locust Dr property is $175,000.
What type of property is this?
The property 217 Locust Dr is a house located in Louisa, Virginia, 23093.
Is this property for sale now?
Sale Pending: 217 Locust Dr is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $724 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 217 Locust Dr has 2 bedrooms and 1 bathroom.
What is the square footage of this property?
The property 217 Locust Dr is 998 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 217 Locust Dr is 1975.
This home is located at 217 Locust Dr in Louisa, VA and zip code 23093 in the Lake Louisa neighborhood. This 998 square foot home, which was built in 1975, sits on a 0.21 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 17, 2024 and is currently priced at $175,000.
In December 2024, from all listings sold in Louisa, VA there were more than 7 sold above asking price, over 6 sold below and more than 5 were sold right at the asked price. The number of homes for sale in Louisa, VA increased by 1% between November 2024 and December 2024. In December 2024, listings were on the market for 32 days. During the same period, the median list price in this real estate market was $365,000.
From Rocket Homes Real Estate and based on county public records data.