NOT LISTED FOR SALE

203 Banks Dr Winchester, VA 22602

Estimated Value: $575,000 - $747,683

4 Beds
3.5 Baths
4,507 Sq Ft
$143/Sq Ft Est. Value

Last Sold August 09, 2019

Last sale price $352,000 $78 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $3,697/month

Highlights

  • Horses Allowed On Property
  • Colonial Architecture
  • 1 Fireplace
  • 3.55 Acre Lot
  • Wood Flooring
  • No HOA

About This Home

As of August 2019

Outstanding investor opportunity, but needs a contract fast! Bank is requiring closing by the end of the month or home will go into foreclosure. Over $50,000 less than assessed value. This 4 bedroom 3 1/2 bath colonial sits on 3.5502 acres in the beautiful Equestrian Estates. With over 4,500 of finished sq. ft. this home has plenty of space. Open kitchen leading into large family room and eating area. Oversized detached two car garage, storage shed and 75% of the basement finished. Home needs improvements and is sold as in condition.

Last Agent to Sell the Property

Matt Kilmer

Samson Properties License #0225238026 Listed on: 07/18/2019

Samson Properties

Last Buyer's Agent

Eric Kronenwetter

RE/MAX Roots License #0225096704

RE/MAX Roots

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,600

Year Built

  • Built in 2006

Lot Details

  • 3.55 Acre Lot
  • Property is zoned RA

Parking

  • 2 Car Detached Garage
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Partial Basement
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Central Heating and Cooling System
  • Well
  • On Site Septic

Community Details

  • No Home Owners Association
  • Equestrian Estates Subdivision

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 51 30 2 25

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,600

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Upper 1
  • Year Built: 2006
  • Remarks Public: Outstanding investor opportunity, but needs a contract fast! Bank is requiring closing by the end of the month or home will go into foreclosure. Over $50,000 less than assessed value. This 4 bedroom 3 1/2 bath colonial sits on 3.5502 acres in the beautiful Equestrian Estates. With over 4,500 of finished sq. ft. this home has plenty of space. Open kitchen leading into large family room and eating area. Oversized detached two car garage, storage shed and 75% of the basement finished. Home needs improvements and is sold as in condition.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Family Room Off Kitchen, Formal/Separate Dining Room, Kitchen - Island, Wood Floors, Carpet
  • Fireplaces Count: 1
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Breakfast Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Partial
  • Basement Finished Percent: 75.00
  • Total Sq Ft: 4507
  • Living Area Sq Ft: 4507
  • Price Per Sq Ft: 109.27
  • Above Grade Finished Sq Ft: 3432
  • Below Grade Finished Sq Ft: 1075
  • Total Below Grade Sq Ft: 1075
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 203

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Upper Level Bathrooms: 4
  • Upper Level Bathrooms: 4.00
  • Upper Level Full Bathrooms: 3
  • Upper Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Stone
  • 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 - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: FREDERICK COUNTY PUBLIC SCHOOLS
  • School District Key: 121140907577
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: Yes
  • Improvement Assessed Value: 343600.00
  • Land Assessed Value: 82700.00
  • Land Use Code: 015
  • Lot Size Acres: 3.55
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 154638.00
  • Year Assessed: 2018
  • Zoning: RA
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 18803655
  • Tax Annual Amount: 2600.00
  • Assessor Parcel Number: 51 30 2 25
  • Tax Lot: 25
  • Tax Total Finished Sq Ft: 4507
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 08/09/2019

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2019
Closed on
Aug 9, 2019
Sold by
Stango Sharon L
Bought by
Lilly John L and Lilly Anarkan
Seller's Agent
Matt Kilmer
Samson Properties
Buyer's Agent
Eric Kronenwetter
RE/MAX Roots
List Price
$375,000
Sold Price
$352,000
Premium/Discount to List
-$23,000
-6.13%
Current Estimated Value
$645,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,421
Avg. Annual Appreciation
10.55%

Purchase Details

Closed on
Sep 13, 2014
Sold by
Stango Anthony F
Bought by
Stango Sharon L and Stango Anthony F

Purchase Details

Closed on
Sep 29, 2006
Sold by
Dan Ryan Bldrs Inc
Bought by
Stango Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,000
Interest Rate
6.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2005
Sold by
Kott L L C
Bought by
Dan Ryan Bldrs Inc
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
Lilly John L $352,000 Attorney
Stango Sharon L -- --
Stango Anthony $514,000 --
Dan Ryan Bldrs Inc $292,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stango Sharon L $340,795
Previous Owner Stango Anthony $343,989
Previous Owner Stango Anthony $285,000
Previous Owner Stango Anthony $251,409
Previous Owner Stango Anthony $238,000
Previous Owner Stango Anthony $201,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2019 08/09/19 Sold $352,000 -6.1% $78 / Sq Ft
07/21/2019 07/21/19 Pending -- -- --
07/18/2019 07/18/19 For Sale $375,000 -- $83 / 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 $3,096 $645,100 $108,500 $536,600
2024 $1,387 $543,800 $90,000 $453,800
2023 $2,773 $543,800 $90,000 $453,800
2022 $2,729 $447,300 $82,700 $364,600
2021 $2,729 $447,300 $82,700 $364,600
2020 $2,708 $443,900 $82,700 $361,200
2019 $2,708 $443,900 $82,700 $361,200
2018 $2,600 $426,300 $82,700 $343,600
2017 $2,558 $426,300 $82,700 $343,600
2016 $2,367 $394,500 $70,200 $324,300
2015 $2,209 $394,500 $70,200 $324,300
2014 $1,061 $360,100 $70,200 $289,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAFV151970

Bright MLS

APN: 5130-2-25