NOT LISTED FOR SALE

16040 Madison Ridge Place Gainesville, VA 20155

Estimated Value: $612,000 - $652,000

4 Beds
3.5 Baths
2,322 Sq Ft
$270/Sq Ft Est. Value

Last Sold August 06, 2021

Last sale price $525,000 $226 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,042/month

9 Days on Market

Highlights

  • Gourmet Kitchen
  • Open Floorplan
  • Wood Flooring
  • Buckland Mills Elementary School Rated A
  • Colonial Architecture
  • Main Floor Bedroom

About This Home

As of August 2021

METICULOUSLY MAINTAINED 4 BEDROOM, 3.5 BATH 2 CAR GARAGE TOWNHOUSE LOCATED IN SOUGHT AFTER MADISON CRESCENT - WALKING DISTANCE TO SHOPS, RESTAURANT & SHORT DRIVE TO MAJOR COMMUTING ROUTES NEAR RT. 29, RT. 15 & I-66. THIS BEAUTY FEATURES WOOD FLOORS ON 3 LEVELS, UPGRADED QUARTZ COUNTERS & UPGRADED TILE IN BATHS, ADDITIONAL BUILT-IN BAR/BUTLER'S PANTRY AREA, TRAY CEILING IN MASTER BATH, LARGE DECK & SO MUCH MORE. OVER 2300 SQUARE FEET OF LUXURY LIVING!

Last Agent to Sell the Property

Dawn Laughlin

RE/MAX Gateway Listed on: 06/30/2021

RE/MAX Gateway

Co-Listed By

Aimee O'Connor

Berkshire Hathaway HomeServices PenFed Realty License #0225209070

Last Buyer's Agent

Catherine Mussett

Pearson Smith Realty, LLC License #0225075787

Pearson Smith Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,016

Year Built

  • Built in 2018

Lot Details

  • 1,512 Sq Ft Lot
  • Property is in very good condition

HOA Fees

  • $190 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage

Home Design

  • Colonial Architecture
  • Brick Front

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Window Treatments
  • Laundry on upper level

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Kitchen Island
  • Upgraded Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • En-Suite Bathroom
  • Walk-In Closet

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Accessible Home Design

  • Level Entry For Accessibility

Schools

  • Buckland Mills Elementary School
  • Ronald Wilson Reagan Middle School
  • Battlefield High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • Association fees include common area maintenance, lawn maintenance, management, reserve funds, road maintenance, snow removal, trash
  • Madison Crescent Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7297-00-7312

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,016

Year Built

Built in 2018

Lot Details

0

HOA Fees

$190 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-07-01
  • Year Built: 2018
  • Automatically Close On Close Date: No
  • Remarks Public: METICULOUSLY MAINTAINED 4 BEDROOM, 3.5 BATH 2 CAR GARAGE TOWNHOUSE LOCATED IN SOUGHT AFTER MADISON CRESCENT - WALKING DISTANCE TO SHOPS, RESTAURANT & SHORT DRIVE TO MAJOR COMMUTING ROUTES NEAR RT. 29, RT. 15 & I-66. THIS BEAUTY FEATURES WOOD FLOORS ON 3 LEVELS, UPGRADED QUARTZ COUNTERS & UPGRADED TILE IN BATHS, ADDITIONAL BUILT-IN BAR/BUTLER'S PANTRY AREA, TRAY CEILING IN MASTER BATH, LARGE DECK & SO MUCH MORE. OVER 2300 SQUARE FEET OF LUXURY LIVING!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Breakfast Area, Built-Ins, Carpet, Crown Moldings, Entry Level Bedroom, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Upgraded Countertops, Walk-In Closet(s), Window Treatments, Wood Floors
  • Fireplace: No
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Full, Fully Finished, Walkout Level
  • Laundry Type: Upper Floor
  • Total Sq Ft: 2880
  • Living Area Sq Ft: 2322
  • Price Per Sq Ft: 273.44
  • 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: 16040

Beds/Baths

  • Bedrooms: 4
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • 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: Brick Front
  • 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

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 190.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Management, Reserve Funds, Road Maintenance, Snow Removal, Trash
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: PRINCE WILLIAM COUNTY PUBLIC SCHOOLS
  • Elementary School: BUCKLAND MILLS
  • Middle School: RONALD WILSON REAGAN
  • High School: BATTLEFIELD
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: Listing Agent
  • School District Key: 121137431984
  • School District Source: 3rd Party
  • Elementary School: BUCKLAND MILLS
  • High School: BATTLEFIELD
  • Middle Or Junior School: RONALD WILSON REAGAN

Lot Info

  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1512.00
  • Property Condition: Very Good
  • Zoning: PMD
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 18722987
  • Tax Annual Amount: 5016.00
  • Assessor Parcel Number: 7297-00-7312
  • Tax Year: 2021
  • Close Date: 08/06/2021

MLS Schools

  • School District Name: PRINCE WILLIAM COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2021
Closed on
Jul 28, 2021
Sold by
Pickett Mark Henry and Pickett Betty Lilly
Bought by
Sanders John F and Sanders Amanda D
Seller's Agent
Dawn Laughlin
RE/MAX Gateway
Buyer's Agent
Catherine Mussett
Pearson Smith Realty, LLC
List Price
$525,000
Sold Price
$525,000
Current Estimated Value
$627,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,220
Avg. Annual Appreciation
4.45%
Original Mortgage
$543,900
Outstanding Balance
$496,363
Interest Rate
3%
Mortgage Type
VA
Estimated Equity
$130,857

Purchase Details

Listed on
Jul 13, 2019
Closed on
Jun 26, 2019
Sold by
Cartus Financial Corp
Bought by
Pickett Mark Henry and Pickett Betty Lilly
Seller's Agent
Dawn Laughlin
RE/MAX Gateway
Buyer's Agent
Angela Weston
Samson Properties
Sold Price
$2,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.13%

Purchase Details

Listed on
Jul 13, 2019
Closed on
Jun 19, 2019
Sold by
Glenn Tracy A
Bought by
Cartus Financial Corp
Seller's Agent
Dawn Laughlin
RE/MAX Gateway
Buyer's Agent
Angela Weston
Samson Properties
Sold Price
$2,400

Purchase Details

Closed on
Jul 17, 2018
Sold by
Richmond American Homes Of Virginia Inc
Bought by
Glenn Tracy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,311
Interest Rate
4.5%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Sanders John F $525,000 Mbh Settlement Group Lc
Pickett Mark Henry $422,000 Attorney
Cartus Financial Corp $422,000 Attorney
Glenn Tracy A $395,389 Champion Title & Stlmnts Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanders John F $543,900
Previous Owner Glenn Tracy A $316,311
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2021 08/06/21 Sold $525,000 0.0% $226 / Sq Ft
07/09/2021 07/09/21 Pending -- -- --
06/30/2021 06/30/21 For Sale $525,000 0.0% $226 / Sq Ft
06/22/2021 06/22/21 Price Changed $525,000 0.0% $226 / Sq Ft
08/08/2019 08/08/19 Rented $2,400 0.0% --
07/20/2019 07/20/19 Under Contract -- -- --
07/13/2019 07/13/19 For Rent $2,400 0.0% --
07/11/2019 07/11/19 Sold $422,000 -1.9% $182 / Sq Ft
06/23/2019 06/23/19 Pending -- -- --
06/13/2019 06/13/19 For Sale $430,000 -- $185 / 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 $5,520 $568,100 $154,700 $413,400
2024 $5,520 $555,100 $151,200 $403,900
2023 $5,512 $529,700 $144,100 $385,600
2022 $5,665 $502,800 $132,000 $370,800
2021 $5,272 $432,500 $110,800 $321,700
2020 $6,330 $408,400 $105,300 $303,100
2019 $5,681 $366,500 $98,700 $267,800
2018 $1,168 $96,700 $96,700 $0
2017 $1,243 $103,000 $103,000 $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: VAPW2000888

Bright MLS

APN: 7297-00-7312