NOT LISTED FOR SALE

1048 Margate Ct Unit A Sterling, VA 20164

Estimated Value: $301,000 - $327,000

2 Beds
1 Bath
1,054 Sq Ft
$325/mo HOA Fee

Last Sold August 29, 2023

Last sale price $290,000 $275 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,286/month

9 Days on Market

Highlights

  • Open Floorplan
  • Community Pool
  • Forced Air Heating and Cooling System
  • Combination Kitchen and Living
  • Community Basketball Court
  • Ceiling Fan

About This Home

As of August 2023

This home is located at 1048 Margate Ct Unit A, Sterling, VA 20164 since 02 August 2023 and is currently estimated at $313,923, approximately $297 per square foot. This property was built in 1975. 1048 Margate Ct Unit A is a home located in Loudoun County with nearby schools including Guilford Elementary School, Sterling Middle School, and Park View High School.

Last Agent to Sell the Property

Virgilio & Maria Vasquez

The Vasquez Group LLC Listed on: 08/02/2023

Last Buyer's Agent

Ms. Jazmine Ercilia Vasquez

The Vasquez Group LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,529

Year Built

  • Built in 1975

HOA Fees

  • $325 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,054 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Combination Kitchen and Living
  • Stacked Washer and Dryer

Kitchen

  • Stove
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 032182966556

Community Details

Overview

  • Association fees include insurance, lawn maintenance, pool(s), snow removal, trash
  • Low-Rise Condominium
  • Newberry Community
  • Newberry Subdivision

Amenities

  • Common Area

Recreation

  • Community Basketball Court
  • Community Playground
  • Community Pool

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,529

Year Built

Built in 1975

Lot Details

0

HOA Fees

$325 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
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Icemaker, Refrigerator, Washer/Dryer Stacked, Stove
  • Entry Floor: 1
  • Interior Amenities: Combination Kitchen/Living, Floor Plan - Open
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1054
  • Living Area Sq Ft: 1054
  • Price Per Sq Ft: 275.05
  • Above Grade Finished Sq Ft: 1054
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1048

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
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • 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: 325.00
  • 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: Insurance, Lawn Maintenance, Pool(s), Snow Removal, Trash
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Agricultural District: 00
  • Year Assessed: 2012
  • Zoning: LOUDOUN
  • In City Limits: No

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1528.93
  • Assessor Parcel Number: 032182966556
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012
  • Close Date: 08/29/2023

MLS Schools

  • School District Name: LOUDOUN COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2023
Closed on
Aug 29, 2023
Sold by
Sorto Francisco Alfredo
Bought by
Rodriguez-Guerra Diana and Navarro Jose Chinchilla
Seller's Agent
Virgilio & Maria Vasquez
The Vasquez Group LLC
Buyer's Agent
Ms. Jazmine Ercilia Vasquez
The Vasquez Group LLC
List Price
$299,999
Sold Price
$290,000
Premium/Discount to List
-$9,999
-3.33%
Total Days on Market
9
Views
64
Current Estimated Value
$313,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,923
Avg. Annual Appreciation
4.61%
Original Mortgage
$284,747
Outstanding Balance
$279,982
Interest Rate
6.9%
Mortgage Type
FHA
Estimated Equity
$33,941

Purchase Details

Listed on
Jul 17, 2013
Closed on
Dec 26, 2013
Sold by
Parrish James and Stippey Patrick M
Bought by
Sorto Francisco A
Seller's Agent
Mike Frowen
LPT Realty, LLC
Buyer's Agent
Virgilio & Maria Vasquez
The Vasquez Group LLC
List Price
$193,000
Sold Price
$185,000
Premium/Discount to List
-$8,000
-4.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.75%
Original Mortgage
$180,835
Interest Rate
4.35%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 14, 2005
Sold by
J And J Investing Llc
Bought by
Parrish James and Stippey,Patrick M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
5.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2004
Sold by
Newcome Richard E
Bought by
Jenkins Jonathan K and Jenkins,Jeremy N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,800
Interest Rate
6.33%
Mortgage Type
New Conventional
Source: Public Records

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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
Rodriguez-Guerra Diana $290,000 First American Title Insurance
Sorto Francisco A $185,000 --
Parrish James $230,000 --
Jenkins Jonathan K $148,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez-Guerra Diana $284,747
Previous Owner Sorto Francisco A $180,835
Previous Owner Parrish James R $2,282
Previous Owner Parrish James $184,000
Previous Owner Jenkins Jonathan K $118,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2023 08/29/23 Sold $290,000 0.0% $275 / Sq Ft
08/08/2023 08/08/23 Price Changed $289,900 -3.4% $275 / Sq Ft
08/02/2023 08/02/23 For Sale $299,999 +62.2% $285 / Sq Ft
12/26/2013 12/26/13 Sold $185,000 -4.1% $176 / Sq Ft
12/13/2013 12/13/13 For Sale $193,000 0.0% $183 / Sq Ft
11/07/2013 11/07/13 Pending -- -- --
07/17/2013 07/17/13 For Sale $193,000 -- $183 / 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 $2,389 $276,160 $100,000 $176,160
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 $1,980 $116,400 $0 $116,400
Source: Public Records

Agents Affiliated with this Home

  • Virgilio & Maria Vasquez

    Seller's Agent in 2023

    Virgilio & Maria Vasquez

    The Vasquez Group LLC

    (709) 856-1901

    55 in this area

    185 Total Sales

    Virgilio & Maria Vasquez
    Section Image
  • Mike Frowen

    Seller's Agent in 2013

    Mike Frowen

    LPT Realty, LLC

    (703) 216-6344

    4 Total Sales

    Mike Frowen
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: VALO2055426

Bright MLS

APN: 032-18-2966-556

Virginia Loudoun County Sterling 20164

1048 Margate Ct Unit A, Sterling, VA

This home is located at 1048 Margate Ct Unit A, Sterling, VA 20164 since 02 August 2023 and is currently estimated at $313,923, approximately $297 per square foot. This property was built in 1975. 1048 Margate Ct Unit A is a home located in Loudoun County with nearby schools including Guilford Elementary School, Sterling Middle School, and Park View High School.

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