NOT LISTED FOR SALE

16020 Madison Ridge Place Gainesville, VA 20155

Estimated Value: $620,000 - $658,000

3 Beds
3.5 Baths
2,322 Sq Ft
$273/Sq Ft Est. Value

Last Sold March 28, 2022

Last sale price $550,000 $237 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,076/month

Highlights

  • Gourmet Kitchen
  • Open Floorplan
  • Wood Flooring
  • Buckland Mills Elementary School Rated A
  • Colonial Architecture
  • Upgraded Countertops

About This Home

As of March 2022

Incredible well maintained modern town-home located in Madison Crest community. This home offers plenty of natural light through out, gleaming oak floors, open layout, gourmet kitchen with stainless steal appliances, cook-top, huge kitchen island and plenty of counter space. Master bedroom offers plenty of space, with walk in closet, his and her sinks, & over-sized shower. Lower level room can be used as an office or Den. Located near shopping, minutes from 66 and much more!

Last Agent to Sell the Property

Steven Patten

KW Metro Center License #604803 Listed on: 02/17/2022

KW Metro Center

Last Buyer's Agent

Michael Coster

Pearson Smith Realty, LLC

Pearson Smith Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,457

Year Built

  • Built in 2018

Lot Details

  • 1,538 Sq Ft Lot
  • Property is in excellent condition

HOA Fees

  • $144 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 4 Levels
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Window Treatments
  • Den

Kitchen

  • Gourmet Kitchen
  • Double Oven
  • Cooktop
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Utilities

  • 90% Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • 60 Gallon+ Water Heater

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 7297-00-8817

Community Details

Overview

  • Built by RICHMOND AMERICAN HOMES
  • Madison Crescent Subdivision, Kendra Floorplan

Recreation

  • Community Playground

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,457

Year Built

Built in 2018

Lot Details

0

HOA Fees

$144 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-02-28
  • Year Built: 2018
  • Automatically Close On Close Date: No
  • Remarks Public: Incredible well maintained modern town-home located in Madison Crest community. This home offers plenty of natural light through out, gleaming oak floors, open layout, gourmet kitchen with stainless steal appliances, cook-top, huge kitchen island and plenty of counter space. Master bedroom offers plenty of space, with walk in closet, his and her sinks, & over-sized shower. Lower level room can be used as an office or Den. Located near shopping, minutes from 66 and much more!
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Cooktop, Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Oven - Double, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Carpet, Luxury Vinyl Plank
  • Interior Amenities: Kitchen - Gourmet, Upgraded Countertops, Carpet, Ceiling Fan(s), Floor Plan - Open, Kitchen - Island, Window Treatments, Wood Floors
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings
  • Foundation Details: Other
  • Levels Count: 4
  • Room List: Study
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 2880
  • Living Area Sq Ft: 2322
  • Price Per Sq Ft: 286.46
  • Above Grade Finished Sq Ft: 1920
  • Below Grade Finished Sq Ft: 402
  • Below Grade Sq Ft: 558
  • Total Below Grade Sq Ft: 960
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 16020

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination, Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Rear Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 56.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 144.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Tot Lots/Playground
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: PRINCE WILLIAM COUNTY PUBLIC SCHOOLS
  • School District Key: 121137431984
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 337800.00
  • Land Assessed Value: 110800.00
  • Land Use Code: 144
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1538.00
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: PMD
  • In City Limits: No

Building Info

  • Builder Name: RICHMOND AMERICAN HOMES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 18722653
  • Tax Annual Amount: 5457.00
  • Assessor Parcel Number: 7297-00-8817
  • Tax Lot: 9
  • Tax Total Finished Sq Ft: 2322
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 03/28/2022

MLS Schools

  • School District Name: PRINCE WILLIAM COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2022
Closed on
Mar 28, 2022
Sold by
Bocchino Stefan G and Bocchino Adalbjorg G
Bought by
Carmichael Sherri L
Seller's Agent
Steven Patten
KW Metro Center
Buyer's Agent
Michael Coster
Pearson Smith Realty, LLC
List Price
$550,000
Sold Price
$550,000
Current Estimated Value
$633,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,755
Avg. Annual Appreciation
4.23%
Original Mortgage
$522,500
Outstanding Balance
$492,473
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$141,282

Purchase Details

Closed on
Jun 28, 2018
Sold by
Richmond American Homes Of Virginia Inc
Bought by
Bocchino Stefan and Ingofsdottir Adalbjorg G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,277
Interest Rate
4.6%
Mortgage Type
VA
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Carmichael Sherri L $550,000 Dominon Law Center Pc
Bocchino Stefan $430,085 Champion Title & Stlmnts Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carmichael Sherri L $522,500
Previous Owner Bocchino Stefan $425,850
Previous Owner Bocchino Stefan $427,600
Previous Owner Bocchino Stefan $444,277
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2022 03/28/22 Sold $550,000 0.0% $237 / Sq Ft
02/17/2022 02/17/22 Pending -- -- --
02/17/2022 02/17/22 For Sale $550,000 -- $237 / 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 $5,746 $588,500 $154,700 $433,800
2024 $5,746 $577,800 $151,200 $426,600
2023 $5,739 $551,600 $144,100 $407,500
2022 $4,430 $518,000 $132,000 $386,000
2021 $5,402 $448,600 $110,800 $337,800
2020 $6,567 $423,700 $105,300 $318,400
2019 $5,882 $379,500 $98,700 $280,800
2018 $1,168 $96,700 $96,700 $0
2017 $1,244 $103,100 $103,100 $0
2016 $472 $39,500 $39,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAPW2019858

Bright MLS

APN: 7297-00-8817