StatusAccepting Backup Offers (ACTIVE UNDER CONTRACT)
About 3.49ACRES Lutz Ave
Incredible opportunity to purchase land in the Growing Courthouse Square Section of Martinsburg. New townhome subdivision has just been approved for 173 units one block from this lot. This is considered the Business District of Martinsburg and the city is behind responsible growth in this area. Zoned for Mixed Use Commercial, there are multiple uses that can be permitted including, but not limited to retail, professional office, storage, flex space, sales, banking, and more. Both roads are paved and sidewalks surround the area. There exists the possibility for two entrances to the site from Lutz or Meridian. Some Owner Financing may be available for a first trust position depending upon plans and building use.
Property Details
Property Features
Listing Office:
Office Name: Samson Properties
Office Phone: (304) 930-5621
Listing Agent: Jonathan A Shively
Lot Features
Lot Information:
Lot: Corner Lot, Split Possible
Lot Size: 3.49 Acres
Other
Directions Information:
Directions: From Edwin Miller, turn onto Meridian Parkway. Follow to top of hill. Lot on Right, across, in front of Schewels
Municipality:
City Of Martinsburg
Price Information
Listing Price Info
Price Summary:
List Price: $550,000
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 Martinsburg, WV.
This property is $250K more than the Median Sold Price in Martinsburg, WV.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #WVBE2031572
Listing Office:
Office Name: Samson Properties
Office Phone: (304) 930-5621
Listing Agent: Jonathan A Shively
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,813
Per Month
Principal & Interest
$2,746
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)
$0
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
$1,715
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
3
/10
Eagle School Intermediate School
730 Eagle School Rd
Distance between this listing and this school0.79 miles
Public District Grades 3-5
9
/10
Burke Street Elementary School
422 W Burke St
Distance between this listing and this school1.72 miles
Public District Grades PK-3
4
/10
Rosemont Elementary School
301 S Alabama Ave
Distance between this listing and this school1.98 miles
Public District Grades PK-3
Nearby Schools
3
/10
Martinsburg North Middle School
250 East Rd
Distance between this listing and this school1.01 miles
Public District Grades 6-8
3
/10
Martinsburg South Middle School
150 Bulldog Blvd
Distance between this listing and this school2.34 miles
Public District Grades 6-8
4
/10
Spring Mills Middle School
255 Campus Dr
Distance between this listing and this school5.13 miles
Public District Grades 6-8
Nearby Schools
3
/10
Martinsburg High School
701 S Queen St
Distance between this listing and this school2.41 miles
Public District Grades 9-12
6
/10
Hedgesville High School
109 Ridge Rd N
Distance between this listing and this school3.92 miles
Public District Grades 9-12
5
/10
Spring Mills High School
499 Campus Dr
Distance between this listing and this school5.08 miles
The neighbors living near this home have an average income of $37,869. Most Martinsburg, WV residents have annual incomes between $35k-100k. Most families are single, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Living In Martinsburg, WV
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
What type of housing is available in Martinsburg, WV?
Martinsburg offers a diverse array of housing options, with single-family homes being a significant part of the market. The architectural styles in the area range from historic colonial to contemporary, reflecting the city's rich history and modern growth. While the exact composition of the housing market is not specified, there is a mix of older homes with unique character and newer constructions that cater to modern living preferences. The homeownership rate in Martinsburg is indicative of a community that values long-term investment in their living spaces.
Is Martinsburg, WV a good place to live?
Martinsburg is celebrated for its historical significance and the community's commitment to preserving its rich heritage. The city prides itself on a vibrant downtown area that hosts a variety of local events and festivals throughout the year, which serve as a testament to the area's strong sense of community and cultural identity. Residents and visitors alike enjoy the blend of traditional charm and contemporary amenities that define Martinsburg's character.
Are things conveniently located in Martinsburg, WV?
The community is served by a number of public schools, private educational institutions, and specialized programs that cater to a range of academic and vocational interests. Healthcare services in Martinsburg include a regional medical center and various clinics that offer primary and specialized care. The city also features a public library system that supports lifelong learning and community engagement. Retail and dining options in Martinsburg reflect the local culture, with a mix of independent shops and restaurants that showcase the area's culinary diversity.
What does the transportation in Martinsburg, WV look like?
Martinsburg's transportation infrastructure supports both private and public transit options, with a focus on accessibility and connectivity. The city's layout and services encourage walkability in certain areas, particularly around the downtown core, while also providing routes that are conducive to cycling. The road network includes major thoroughfares that facilitate commuting and travel to surrounding regions. Public transportation services are available, with schedules designed to accommodate the needs of residents and commuters. The availability of ride-sharing services complements the existing transport options, enhancing mobility within the city.
Frequently Asked Questions About 3.49ACRES Lutz Ave
What is the listing price of this property?
The listing price of 3.49ACRES Lutz Ave property is $550,000.
What type of property is this?
The property 3.49ACRES Lutz Ave is land located in Martinsburg, West Virginia, 25404.
Is this property for sale now?
Accepting Backup Offers: 3.49ACRES Lutz Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 3.49ACRES Lutz Ave in Martinsburg, WV and zip code 25404. This home sits on a 3.49 acre lot. It has been listed on Rocket Homes since July 23, 2024 and is currently priced at $550,000.
Over 15 listings were sold over their listed price in November 2024 in Martinsburg, WV. In the same period over 30 listings were sold below the listed price and 32 listings were sold for the listed price. The inventory of homes for sale in Martinsburg, WV between October 2024 and November 2024 decreased by 4.5%. In November 2024 median list price was $300,000 and the average listing age was 26 days.
From Rocket Homes Real Estate and based on county public records data.