$184,000
SOLD SEP 5, 2013

1048C Margate Ct Sterling, VA 20164

2 Beds
1.5 Baths
1,162 Sq Ft
$230/mo HOA Fee

Recently Sold

$158 Per Sq Ft

1% Below List Price

20 Days on Market

Highlights

  • Traditional Floor Plan
  • Indoor Tennis Courts
  • Jogging Path
  • Community Pool
  • Community Center
  • Balcony

About This Home

As of January 2022

Lovely 2 level townhouse with balcony overlooking common area * Beautiful laminate flooring throughout * Updated kitchen with white cabinetry and smooth top cooking * Master BR offers additional large storage area * Great community - condo fee includes pool, playground, water, trash, master insurance and more * Spacious and well cared for home * Perfect for first time buyer or investor

Last Agent to Sell the Property

Karen Shelton

Long & Foster Real Estate, Inc. Listed on: 07/13/2013

Last Buyer's Agent

Andrea Smith

Metro DMV Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,434

Year Built

  • Built in 1975

Lot Details

  • Backs To Open Common Area
  • Two or More Common Walls
  • Property is in very good condition

HOA Fees

  • $230 Monthly HOA Fees

Home Design

  • Brick Front

Interior Spaces

  • 1,162 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room

Kitchen

  • Electric Oven or Range
  • Stove
  • Range Hood
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 1.5 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Parking

  • Parking Space Number Location: 138
  • 2 Assigned Parking Spaces

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 032182966558

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, management, insurance
  • Newberry Community
  • The community has rules related to alterations or architectural changes, antenna installations, commercial vehicles not allowed, parking rules, no recreational vehicles, boats or trailers

Amenities

  • Common Area
  • Community Center
  • Meeting Room
  • Party Room

Recreation

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

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,434

Year Built

Built in 1975

Lot Details

0

HOA Fees

$230 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Row/Townhouse
  • Ownership: Condominium
  • Exclusions: Tagged Items
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Disposal, Dryer, Exhaust Fan, Oven/Range - Electric, Range Hood, Refrigerator, Stove, Washer, Dryer - Front Loading, Washer - Front Loading, Washer/Dryer Stacked
  • Interior Amenities: Combination Dining/Living, Window Treatments, Floor Plan - Traditional
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Entry Location: Townhouse
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Master Bedroom, Bedroom 2, Kitchen, Laundry
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1162
  • Living Area Sq Ft: 1162
  • Price Per Sq Ft: 159.21
  • Above Grade Finished Sq Ft: 1162
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Combination, Brick, Brick Front
  • 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
  • Parking Space Number Assigned: 138

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • 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: No
  • Condo Co-Op Fee: 230.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Basketball Courts, Common Grounds, Jog/Walk Path, Meeting Room, Pool - Outdoor, Tennis - Indoor, Tot Lots/Playground, Party Room, Community Center
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Insurance
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA Condo Co-Op Rules: Alterations/Architectural Changes, Antenna, Commercial Vehicles Prohibited, Parking, Rv/Boat/Trail
  • HOA: Yes

Lot Info

  • Agricultural District: 00
  • Improvement Assessed Value: 76100.00
  • Land Assessed Value: 40000.00
  • Lot Features: Backs - Open Common Area
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Year Assessed: 2012

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16557446
  • Tax Annual Amount: 1433.84
  • Assessor Parcel Number: 032182966558
  • Tax Total Finished Sq Ft: 1162
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012
  • Close Date: 09/05/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2021
Closed on
Jan 7, 2022
Sold by
Innovation Homes Llc
Bought by
Smith Sadyra
Seller's Agent
Maria Lecca-Gutierrez
Spring Hill Real Estate, LLC.
Buyer's Agent
David Moore
Hawkins Moore & Company Real Estate LLC
List Price
$315,000
Sold Price
$309,900
Premium/Discount to List
-$5,100
-1.62%
Current Estimated Value
$342,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,013
Avg. Annual Appreciation
2.80%
Original Mortgage
$317,027
Outstanding Balance
$292,814
Interest Rate
3.12%
Mortgage Type
VA
Estimated Equity
$50,099

Purchase Details

Listed on
Jun 7, 2021
Closed on
Jul 28, 2021
Sold by
Sampson Kenan F and Sampson Kesha A
Bought by
Innovation Homes Llc
Seller's Agent
Chiayee Mao
RE/MAX Professionals
Buyer's Agent
Maria Lecca-Gutierrez
Spring Hill Real Estate, LLC.
List Price
$269,900
Sold Price
$225,000
Premium/Discount to List
-$44,900
-16.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
107.01%

Purchase Details

Listed on
Jul 13, 2013
Closed on
Sep 5, 2013
Sold by
Richards Kristen B
Bought by
Sampson Kenan F
Seller's Agent
Karen Shelton
Long & Foster Real Estate, Inc.
Buyer's Agent
Andrea Smith
Metro DMV Realty
List Price
$185,000
Sold Price
$184,000
Premium/Discount to List
-$1,000
-0.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.58%
Original Mortgage
$180,667
Interest Rate
4.34%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 22, 2010
Sold by
Farley Vicki M and Shaffer John E
Bought by
Joaquim Kristen B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,285
Interest Rate
5.17%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 22, 2005
Sold by
Epc Va 29 Llc
Bought by
Henderson Robert E
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 $309,900 Bridge Title Inc
Warranty Deed $225,000 Champion Title & Settlements
Warranty Deed $184,000 --
Warranty Deed $138,800 --
Warranty Deed $371,455 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $317,027 VA
Previous Owner $180,667 FHA
Previous Owner $136,285 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2022 01/07/22 Sold $309,900 0.0% $267 / Sq Ft
12/01/2021 12/01/21 Pending -- -- --
11/03/2021 11/03/21 Price Changed $309,900 -1.6% $267 / Sq Ft
10/12/2021 10/12/21 For Sale $315,000 +40.0% $271 / Sq Ft
07/29/2021 07/29/21 Sold $225,000 -5.8% $194 / Sq Ft
07/14/2021 07/14/21 Pending -- -- --
07/06/2021 07/06/21 Price Changed $238,900 -6.3% $206 / Sq Ft
06/22/2021 06/22/21 Price Changed $254,900 -5.6% $219 / Sq Ft
06/07/2021 06/07/21 For Sale $269,900 +46.7% $232 / Sq Ft
09/05/2013 09/05/13 Sold $184,000 -0.5% $158 / Sq Ft
08/02/2013 08/02/13 Pending -- -- --
07/13/2013 07/13/13 For Sale $185,000 -- $159 / 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 $2,437 $302,780 $110,000 $192,780
2024 $2,585 $298,880 $100,000 $198,880
2023 $2,664 $304,510 $100,000 $204,510
2022 $2,160 $242,680 $80,000 $162,680
2021 $2,219 $226,410 $80,000 $146,410
2020 $2,240 $216,410 $70,000 $146,410
2019 $2,105 $201,410 $55,000 $146,410
2018 $2,106 $194,090 $55,000 $139,090
2017 $2,129 $189,210 $55,000 $134,210
2016 $2,139 $186,770 $0 $0
2015 $2,217 $140,310 $0 $140,310
2014 $2,143 $130,550 $0 $130,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003613368

Bright MLS

APN: 032-18-2966-558