NOT LISTED FOR SALE

1044 Margate Ct Unit A Sterling, VA 20164

Estimated Value: $280,000 - $325,000

2 Beds
1 Bath
1,054 Sq Ft
$230/mo HOA Fee

Last Sold January 15, 2014

Last sale price $192,500 $183 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,156/month

18 Days on Market

Highlights

  • Open Floorplan
  • Community Basketball Court
  • Forced Air Heating and Cooling System
  • Community Pool
  • Patio

About This Home

As of January 2014

RARE OPPORTUNITY! SELLER WANTS TO FINISH THE CONDO W/ YOUR SELECTIONS. YOU SELECT: Kitchen Cab's, Granite C-Tops, Kitchen Tile Backsplash, Laminate Flooring in Living Area, Ceramic Tile for Bathroom Floor & Walls, Bathroom Vanity, Bathroom Granite C-Top. Fresh paint w/ new light fixtures & tub/toilet already installed. SS Apps included. Want something truly custom to YOUR TASTE? THIS IS FOR YOU!

Last Agent to Sell the Property

Robert Olley

NOVA Realty Group, LLC. Listed on: 11/01/2013

Last Buyer's Agent

Robert Olley

NOVA Realty Group, LLC. Listed on: 11/01/2013

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,529

Year Built

  • Built in 1975 | Remodeled in 2013

HOA Fees

  • $230 Monthly HOA Fees

Parking

  • 2 Assigned Parking Spaces

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,054 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 032182966550

Community Details

Overview

  • Association fees include water, snow removal, trash, pool(s), lawn maintenance, insurance
  • Low-Rise Condominium
  • Newberry Community
  • The community has rules related to covenants

Amenities

  • Common Area

Recreation

  • Community Basketball Court
  • Community Playground
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,529

Year Built

Built in 1975 | Remodeled in 2013

Lot Details

0

HOA Fees

$230 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1975
  • Year Renovated: 2013
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer, Refrigerator, Oven/Range - Electric, Microwave, Dryer, Disposal, Dishwasher
  • Interior Amenities: Combination Kitchen/Dining, Combination Kitchen/Living, Floor Plan - Open
  • Fireplace: No
  • Entry Location: 1st Floor
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1054
  • Living Area Sq Ft: 1054
  • Price Per Sq Ft: 182.64
  • Above Grade Finished Sq Ft: 1054
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Combination, Brick
  • Construction Completed: No
  • 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

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: 230.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Tot Lots/Playground, Basketball Courts, Common Grounds
  • HOA Condo Co-Op Fee Includes: Water, Snow Removal, Trash, Pool(s), Lawn Maintenance, Insurance
  • HOA Condo Co-Op Rules: Covenants
  • HOA: No

Lot Info

  • Agricultural District: 00
  • Improvement Assessed Value: 88800.00
  • Land Assessed Value: 35000.00
  • Outdoor Living Structures: Patio(s)
  • Year Assessed: 2012

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16547645
  • Tax Annual Amount: 1528.93
  • Assessor Parcel Number: 032182966550
  • Tax Total Finished Sq Ft: 1054
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012
  • Close Date: 01/15/2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 16, 2016
Sold by
Hrbek David Chadwick
Bought by
Galdamez Jose Francisco
Total Days on Market
18
Current Estimated Value
$306,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000
Interest Rate
3.58%
Mortgage Type
Stand Alone Second

Purchase Details

Listed on
Nov 1, 2013
Closed on
Jan 10, 2014
Sold by
Gmwb Llc
Bought by
Hrbek David C
Seller's Agent
Robert Olley
NOVA Realty Group, LLC.
Buyer's Agent
Robert Olley
NOVA Realty Group, LLC.
List Price
$192,500
Sold Price
$192,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.17%
Original Mortgage
$171,245
Interest Rate
4.45%
Mortgage Type
FHA

Purchase Details

Listed on
May 20, 2013
Closed on
Oct 1, 2013
Sold by
Faraday Richard C
Bought by
Gmwb Llc
Seller's Agent
Blanche Raff
Weichert, REALTORS
Buyer's Agent
Robert Olley
NOVA Realty Group, LLC.
List Price
$160,000
Sold Price
$145,000
Premium/Discount to List
-$15,000
-9.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
185.62%

Purchase Details

Closed on
Aug 21, 2007
Sold by
Johnston James
Bought by
Faraday Richard C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2003
Sold by
Lynch Mark P
Bought by
Johnston James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,142
Interest Rate
5.69%
Mortgage Type
FHA

Purchase Details

Closed on
May 22, 2003
Sold by
Harper Ida
Bought by
Lynch Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,600
Interest Rate
5.86%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Galdamez Jose Francisco $193,000 Stonewall Title & Escrow Inc
Hrbek David C $192,500 --
Gmwb Llc $145,000 --
Faraday Richard C $200,000 --
Johnston James $127,000 --
Lynch Mark $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Xiaodan $624,105
Closed Saradines Marine Llc $825,000
Closed Galdamez Jose Francisco $5,000
Closed Galdamez Jose Francisco $189,504
Previous Owner Hrbek David C $171,245
Previous Owner Faraday Richard C $160,000
Previous Owner Johnston James $124,142
Previous Owner Lynch Mark $297,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2014 01/15/14 Sold $192,500 0.0% $183 / Sq Ft
11/19/2013 11/19/13 Pending -- -- --
11/01/2013 11/01/13 For Sale $192,500 +32.8% $183 / Sq Ft
10/09/2013 10/09/13 Sold $145,000 -9.4% $138 / Sq Ft
08/05/2013 08/05/13 Pending -- -- --
07/26/2013 07/26/13 For Sale $160,000 0.0% $152 / Sq Ft
05/23/2013 05/23/13 Pending -- -- --
05/20/2013 05/20/13 For Sale $160,000 -- $152 / 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
2024 $2,465 $284,960 $100,000 $184,960
2023 $2,246 $256,660 $100,000 $156,660
2022 $2,055 $230,860 $80,000 $150,860
2021 $2,044 $208,520 $80,000 $128,520
2020 $2,112 $204,050 $70,000 $134,050
2019 $2,057 $196,800 $55,000 $141,800
2018 $2,015 $185,730 $55,000 $130,730
2017 $2,015 $179,110 $55,000 $124,110
2016 $2,026 $176,900 $0 $0
2015 $2,033 $124,130 $0 $124,130
2014 $1,916 $110,870 $0 $110,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003756546

Bright MLS

APN: 032-18-2966-550