$145,000
SOLD OCT 9, 2013

1044 Margate Ct Unit A Sterling, VA 20164

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

Recently Sold

$138 Per Sq Ft

9% Below List Price

77 Days on Market

Highlights

  • Colonial Architecture
  • Main Floor Bedroom
  • Tennis Courts
  • Traditional Floor Plan
  • Community Pool
  • Jogging Path

About This Home

As of January 2014

BACK ON MARKET. APPROVED SHORT SALE FOR $160,000 & NO SELLER SUBSIDY. Great patio level unit in desirable Newberry neighborhood overlooks common area and comes with 2 assigned parking spaces. Major appliances, windows & sliding doors, HVAC & copper plumbing added in 2006-07 time frame. Community amenities include pool, basketball, tot lots, & jogging path.

Last Agent to Sell the Property

Blanche Raff

Weichert, REALTORS Listed on: 05/20/2013

Weichert, REALTORS

Last Buyer's Agent

Robert Olley

NOVA Realty Group, LLC.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,529

Year Built

  • Built in 1975

HOA Fees

  • $230 Monthly HOA Fees

Parking

  • 2 Assigned Parking Spaces

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,054 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Humidifier
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 032182966550

Community Details

Overview

  • Association fees include exterior building maintenance, management, insurance, pool(s), sewer, snow removal, trash, water
  • Low-Rise Condominium
  • Newberry Community
  • Newberry Subdivision
  • The community has rules related to parking rules

Amenities

  • Common Area

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Community Pool
  • Jogging Path

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,529

Year Built

Built in 1975

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
  • Architectural Style: Colonial
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1975
  • Remarks Public: BACK ON MARKET. APPROVED SHORT SALE FOR $160,000 & NO SELLER SUBSIDY. Great patio level unit in desirable Newberry neighborhood overlooks common area and comes with 2 assigned parking spaces. Major appliances, windows & sliding doors, HVAC & copper plumbing added in 2006-07 time frame. Community amenities include pool, basketball, tot lots, & jogging path.
  • Special Features: 12
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Refrigerator, Washer
  • Interior Amenities: Kitchen - Table Space, Combination Dining/Living, Window Treatments, Entry Level Bedroom, Floor Plan - Traditional
  • Fireplace: No
  • Entry Location: Patio
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1054
  • Living Area Sq Ft: 1054
  • Price Per Sq Ft: 151.80
  • Above Grade Finished Sq Ft: 1054
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1044

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: Brick
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • 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: Ceiling Fan(s), Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s), Humidifier
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 230.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Basketball Courts, Common Grounds, Jog/Walk Path, Pool - Outdoor, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Management, Insurance, Pool(s), Sewer, Snow Removal, Trash, Water
  • HOA Condo Co-Op Rules: Parking, Pets - Allowed, Pets - Area
  • HOA: Yes

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: 10/09/2013

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
Current Estimated Value
$309,010

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
4.36%
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

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $193,000 Stonewall Title & Escrow Inc
Warranty Deed $192,500 --
Warranty Deed $145,000 --
Warranty Deed $200,000 --
Deed $127,000 --
Deed $105,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $624,105 New Conventional
Closed $825,000 Credit Line Revolving
Closed $5,000 Stand Alone Second
Closed $189,504 FHA
Previous Owner $171,245 FHA
Previous Owner $160,000 New Conventional
Previous Owner $124,142 FHA
Previous Owner $297,600 New Conventional
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: 1003524856

Bright MLS

APN: 032-18-2966-550