$185,000
SOLD DEC 26, 2013

1048 Margate Ct Unit A Sterling, VA 20164

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

Recently Sold

$176 Per Sq Ft

4% Below List Price

113 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

Renovation just completed! 2 bedrooms on ground level. New kitchen with stainless steel appliances, granite counter tops, tile flooring. New carpet throughout and freshly painted. New vanity, tub and tile in bathroom. Walk out to patio and huge common area. Tot Lots, Community Pool, Assigned parking. Excellent location minutes to RT. 28, Dulles Airport, RT. 7, Dulles Toll Road. PENDING RELEASE

Last Agent to Sell the Property

Mike Frowen

LPT Realty, LLC License #0225185596 Listed on: 07/17/2013

LPT Realty, LLC

Last Buyer's Agent

Virgilio & Maria Vasquez

The Vasquez Group LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,529

Year Built

  • Built in 1975

Lot Details

  • Property is in very good condition

HOA Fees

  • $230 Monthly HOA Fees

Parking

  • Surface Parking

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
  • 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

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
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Icemaker, Refrigerator, Washer/Dryer Stacked, Stove
  • Interior Amenities: Combination Kitchen/Living, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Patio
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1054
  • Living Area Sq Ft: 1054
  • Price Per Sq Ft: 183.11
  • 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: Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Surface

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: 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: Insurance, Lawn Maintenance, Pool(s), Snow Removal, Trash
  • HOA Condo Co-Op Rules: Covenants
  • HOA: No

Lot Info

  • Agricultural District: 00
  • Improvement Assessed Value: 88800.00
  • Land Assessed Value: 35000.00
  • Property Condition: Very Good
  • Year Assessed: 2012

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16528880
  • Tax Annual Amount: 1528.93
  • Assessor Parcel Number: 032182966556
  • Tax Total Finished Sq Ft: 1054
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012
  • Close Date: 12/26/2013

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
113
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
4.58%
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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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 Type Sale Price Title Company
Warranty Deed $290,000 First American Title Insurance
Warranty Deed $185,000 --
Warranty Deed $230,000 --
Deed $148,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $284,747 FHA
Previous Owner $180,835 FHA
Previous Owner $2,282 Unknown
Previous Owner $184,000 New Conventional
Previous Owner $118,800 New Conventional
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

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Map

Source: Bright MLS

MLS Number: 1003628322

Bright MLS

APN: 032-18-2966-556