NOT LISTED FOR SALE

1043A Margate Ct Sterling, VA 20164

Estimated Value: $362,086 - $397,000

3 Beds
2 Baths
1,302 Sq Ft
$290/mo HOA Fee

Last Sold March 26, 2021

Last sale price $305,000 $234 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,550/month

35 Days on Market

Highlights

  • Colonial Architecture
  • Traditional Floor Plan
  • Tennis Courts
  • Clubhouse
  • Community Pool
  • Ceramic Tile Flooring

About This Home

As of March 2021

Gorgeous remodeled 4Bedroom/2 full bath home in Newberry, New Floors, New high end Cabinets, New Granite counter tops, remodeled bathrooms, New appliances, Newer Fridge and Washer/dryer,. 2 assigned parking spaces (#127) and visitors parking. 3 Storages (2 in front of the unit and one large walk-in in the back). 4th bedroom can be used as formal dining Room or Living Room. Condo fee includes water/sewer, trash/recycling & snow removal outdoor pool, club house, and tot lots. Close to Dulles Town Center, shopping and restaurant, close to Rt. 28, 267., Dulles Airport, W&OD trail with easy access to the Silver Line Metro.

Last Agent to Sell the Property

Thomas Hennerty

NetRealtyNow.com, LLC License #5092 Listed on: 01/21/2021

Last Buyer's Agent

William Restrepo

Samson Properties License #5011854

Samson Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,343

Year Built

  • Built in 1975

Lot Details

  • Property is in excellent condition

HOA Fees

  • $290 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Masonry

Interior Spaces

  • 1,302 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Dining Area

Kitchen

  • Electric Oven or Range
  • Stove
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Front Loading Dryer
  • Washer

Parking

  • Assigned parking located at #127
  • Parking Lot
  • 2 Assigned Parking Spaces

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 032182966571

Community Details

Overview

  • Association fees include exterior building maintenance, insurance, management, recreation facility, reserve funds, trash, water, sewer, snow removal, pool(s)
  • Newberry Condominium Community
  • Newberry Subdivision

Amenities

  • Clubhouse
  • Community Center

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Community Pool
  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,343

Year Built

Built in 1975

Lot Details

0

HOA Fees

$290 per month

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-01-31
  • Year Built: 1975
  • Assigned Parking Space Numbers: 127
  • Automatically Close On Close Date: No
  • Remarks Public: Gorgeous remodeled 4Bedroom/2 full bath home in Newberry, New Floors, New high end Cabinets, New Granite counter tops, remodeled bathrooms, New appliances, Newer Fridge and Washer/dryer,. 2 assigned parking spaces (#127) and visitors parking. 3 Storages (2 in front of the unit and one large walk-in in the back). 4th bedroom can be used as formal dining Room or Living Room. Condo fee includes water/sewer, trash/recycling & snow removal outdoor pool, club house, and tot lots. Close to Dulles Town Center, shopping and restaurant, close to Rt. 28, 267., Dulles Airport, W&OD trail with easy access to the Silver Line Metro.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Oven/Range - Electric, Cooktop, Dryer - Front Loading, Microwave, Refrigerator, Stove, Washer
  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Dining Area, Floor Plan - Traditional
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1302
  • Living Area Sq Ft: 1302
  • Price Per Sq Ft: 241.94
  • Above Grade Finished Sq Ft: 1302
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1043

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 290.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Basketball Courts, Bike Trail, Community Center, Pool - Outdoor, Tennis Courts, Tot Lots/Playground, Club House
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Insurance, Management, Recreation Facility, Reserve Funds, Trash, Water, Sewer, Snow Removal, Pool(s)
  • HOA: No
  • Senior Community: No

Schools

  • School District: LOUDOUN COUNTY PUBLIC SCHOOLS
  • School District Key: 121139189813
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 156380.00
  • Land Assessed Value: 80000.00
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: 08
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16559344
  • Tax Annual Amount: 2343.00
  • Assessor Parcel Number: 032182966571
  • Tax Total Finished Sq Ft: 1302
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 03/26/2021

MLS Schools

  • School District Name: LOUDOUN COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2021
Closed on
Mar 26, 2021
Sold by
Gmwb Llc
Bought by
Lund Matthew
Seller's Agent
Thomas Hennerty
NetRealtyNow.com, LLC
Buyer's Agent
William Restrepo
Samson Properties
List Price
$329,900
Sold Price
$305,000
Premium/Discount to List
-$24,900
-7.55%
Current Estimated Value
$375,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,022
Avg. Annual Appreciation
4.10%
Original Mortgage
$305,000
Outstanding Balance
$274,785
Interest Rate
2.73%
Mortgage Type
VA
Estimated Equity
$89,406

Purchase Details

Closed on
Jul 26, 2010
Sold by
Equity Trustees Llc Sub Tr
Bought by
Gmwb Llc

Purchase Details

Closed on
Mar 1, 2004
Sold by
Ramos Victor M
Bought by
Saballos Glenda

Purchase Details

Closed on
Mar 6, 2003
Sold by
Alexander Doris
Bought by
Ramos Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
5.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2001
Sold by
Ball Keith D
Bought by
Alexander Doris A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,415
Interest Rate
6.82%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Lund Matthew $305,000 Cardinal Title Group Llc
Gmwb Llc $97,892 --
Saballos Glenda $129,000 --
Ramos Victor $133,000 --
Alexander Doris A $111,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lund Matthew $305,000
Previous Owner Gmwb Llc $112,500
Previous Owner Ramos Victor $129,000
Previous Owner Alexander Doris A $93,415
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2021 03/26/21 Sold $305,000 -3.2% $234 / Sq Ft
02/16/2021 02/16/21 Price Changed $315,000 -3.1% $242 / Sq Ft
02/05/2021 02/05/21 Price Changed $325,000 -1.5% $250 / Sq Ft
01/21/2021 01/21/21 For Sale $329,900 -- $253 / Sq Ft
Source: Bright MLS

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 $2,606 $323,670 $110,000 $213,670
2024 $2,578 $298,040 $100,000 $198,040
2023 $2,731 $312,110 $100,000 $212,110
2022 $2,498 $280,650 $80,000 $200,650
2021 $2,317 $236,380 $80,000 $156,380
2020 $2,343 $226,380 $70,000 $156,380
2019 $2,316 $221,590 $60,000 $161,590
2018 $2,263 $208,570 $60,000 $148,570
2017 $2,244 $199,470 $60,000 $139,470
2016 $2,254 $196,870 $0 $0
2015 $2,235 $136,890 $0 $136,890
2014 $2,169 $127,800 $0 $127,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VALO429000

Bright MLS

APN: 032-18-2966-571