$450,000
SOLD NOV 12, 2019
0.63 Acre
$714,286 Price per Acre
27,443 Sq Ft Lot

Recently Sold

10% Below List Price

140 Days on Market

Highlights

  • View of Trees or Woods
  • Backs to Trees or Woods
  • No HOA
  • 0.63 Acre Lot

About This Lot

As of November 2019

Investment or development opportunity sited directly on Jefferson Davis Highway (Route 1) in Woodbridge, Virginia near intersection with Prince William Parkway! Lot sits across from Wendy s and King Pollo casual restaurants and just down the street from four major new car dealerships. Nearby Marumsco Plaza Shopping Center is a popular and well-known retail destination with Big Lots, Walgreens, numerous banks, retail stores, and neighborhood restaurants. Route 1 is a major commuting corridor as residents commute north to employment centers in Fairfax County, Fort Belvoir, the Pentagon or Washington DC, with 45,000 vehicles passing this area daily.Current Prince William County zoning for this parcel is B-1 General Business, allowing retail, office, and institutional use. This area is part of the New Woodbridge (www.NewWoodbridge.org) development emphasis with investment currently underway, to include widening of Route 1. Long-term county zoning overlay for this land is GC General Commercial, which will permit and attract larger scale retail and services to support customers throughout the region. Possible uses include retail, bank or financial institution, casual dining, fast food, and other similar neighborhood stores. The pad site is primarily flat, mostly cleared, and backs to trees. Public water and public sewer are available and electricity is nearby, as this land sits between existing businesses.

Last Agent to Sell the Property

Stephen Karbelk

(571) 481-1037 stephen@realmarkets.com CENTURY 21 New Millennium License #0225026849 Listed on: 05/20/2019

CENTURY 21 New Millennium

Last Buyer's Agent

James Park

(571) 242-4500 james2424500@yahoo.com Giant Realty, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,172

Lot Details

  • 0.63 Acre Lot
  • Cleared Lot
  • Backs to Trees or Woods
  • Property is zoned B-1, General business = retail, office, and institutional

Property Views

  • Views of Woods

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 8392-61-0036

Property Details

Property Type

Land

Est. Annual Taxes

$3,172

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Vacant
  • New Construction: No
  • Special Features: VirtualTour

Interior Features

  • Price Per Sq Ft: 18.26

Exterior Features

  • Construction Completed: No
  • View: Trees/Woods, Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Features: Backs To Trees, Cleared, Road Frontage
  • Lot Size Acres: 0.63
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 27377.00
  • Zoning: B-1
  • Zoning Description: General business = retail, office, and institutional
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3172.00
  • Assessor Parcel Number: 8392-61-0036
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019

MLS Schools

  • School District Name: PRINCE WILLIAM COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2020
Closed on
Nov 13, 2020
Sold by
Duong Son and Ngo Uyen
Bought by
Froha Enterprises Llc and Mubarak Ventures Llc
Seller's Agent
James Park
Giant Realty, Inc.
Buyer's Agent
FAHEEM SYED
Abida Realty, LLC
List Price
$550,000
Sold Price
$525,000
Premium/Discount to List
-$25,000
-4.55%
Current Estimated Value
$386,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$138,999
Avg. Annual Appreciation
-5.98%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Deed $525,000 Express Title Services Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/30/2020 10/30/20 Sold $525,000 -4.5% -- View Prior Sale
08/29/2020 08/29/20 Pending -- -- --
05/16/2020 05/16/20 For Sale $550,000 +22.2% --
11/12/2019 11/12/19 Sold $450,000 -10.0% --
10/07/2019 10/07/19 Pending -- -- --
05/20/2019 05/20/19 For Sale $500,000 -- --
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 $3,488 $355,700 $355,700 --
2024 $3,369 $338,800 $338,800 $0
2023 $3,525 $338,800 $338,800 $0
2022 $3,377 $304,900 $304,900 $0
2021 $3,135 $261,800 $261,800 $0
2019 $4,072 $262,700 $262,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAPW468408

Bright MLS

APN: 8392-61-0036