NOT LISTED FOR SALE

26797 Gum Spring Rd Chantilly, VA 20152

Estimated Value: $953,000 - $1,221,000

6.04 Acres
$179,252 Price per Acre
263,102 Sq Ft Lot

Last Sold January 19, 2023

Last sale price $975,000 $526 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $6,245/month

68 Days on Market

Highlights

  • Second Garage
  • Buffalo Trail Elementary School Rated A
  • No HOA

About This Lot

As of January 2023

Exceptional Builder/Investor development opportunity to build 2 custom built homes on 3 acres each. 6+ acres zoned TR3LBR-see documents for description. Frontage to Gum Spring Road 4 miles south of Rte 50, 2.5 miles north of Sudley Road/Rte 234. Property is adjacent to the exclusive Marbury Community and is surrounded by single family homes each valued at $1M+. (see documents).
The unique circa 1961 custom built home and separate 3 car garage are sold "as is, where is". The home is available for touring.

Last Agent to Sell the Property

Jim Sinnott

(703) 717-8527 jim.sinnott@c21nm.com CENTURY 21 New Millennium License #0225235244 Listed on: 10/14/2022

CENTURY 21 New Millennium

Last Buyer's Agent

Jeff George

(703) 853-6882 jeffrey.george@c21nm.com CENTURY 21 New Millennium License #0225260064

CENTURY 21 New Millennium

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,660

Lot Details

  • 6.04 Acre Lot
  • Second lot runs adjacent. 3.87 acres plus 2.17 acres
  • Property is zoned TR3LBR, Transitional Residential 3, Lower Bull Run: See Documents

Parking

  • Garage
  • Second Garage

Utilities

  • Well
  • Approved Septic System
  • Septic Equal To The Number Of Bedrooms

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 209199013000

Property Details

Property Type

Land

Est. Annual Taxes

$5,660

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • Expected On Market: 2022-10-21
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 4.28

Exterior Features

  • Other Structures List: 2nd Garage
  • Construction Completed: No
  • 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: Approved System, Septic = # Of Br
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: second lot runs adjacent. 3.87 acres plus 2.17 acres
  • Lot Size Acres: 6.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 263102.40
  • Zoning: TR3LBR
  • Zoning Description: Transitional Residential 3, Lower Bull Run: See Documents
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5660.00
  • Assessor Parcel Number: 209199013000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: LOUDOUN COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2022
Closed on
Jan 18, 2023
Sold by
Mcfarland Douglas W
Bought by
Singh Badial Gurpreet and Balbirkaur Randhawa Balbirkaur
Seller's Agent
Jim Sinnott
CENTURY 21 New Millennium
Buyer's Agent
Jeff George
CENTURY 21 New Millennium
List Price
$1,125,000
Sold Price
$975,000
Premium/Discount to List
-$150,000
-13.33%
Views
44
Current Estimated Value
$1,082,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,685
Avg. Annual Appreciation
3.85%
Original Mortgage
$877,500
Outstanding Balance
$841,488
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$241,197
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
Singh Badial Gurpreet $975,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Badial Gurpreet $877,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2023 01/19/23 Sold $975,000 -13.3% $526 / Sq Ft
12/21/2022 12/21/22 Pending -- -- --
10/14/2022 10/14/22 For Sale $1,125,000 -- $607 / 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 $6,935 $861,540 $421,600 $439,940
2024 $6,691 $773,540 $350,100 $423,440
2023 $6,082 $695,040 $290,800 $404,240
2022 $5,661 $636,070 $272,800 $363,270
2021 $4,934 $503,480 $204,500 $298,980
2020 $4,971 $480,250 $204,500 $275,750
2019 $4,899 $468,800 $204,500 $264,300
2018 $4,861 $448,060 $186,500 $261,560
2017 $4,676 $415,650 $186,500 $229,150
2016 $4,708 $411,190 $0 $0
2015 $4,744 $231,460 $0 $231,460
2014 $4,436 $210,400 $0 $210,400
Source: Public Records

Agents Affiliated with this Home

  • Jim Sinnott

    Seller's Agent in 2023

    Jim Sinnott

    Century 21 New Millennium

    (703) 717-8527

    17 Total Sales

    Jim Sinnott
    Section Image
  • Jeff George

    Buyer's Agent in 2023

    Jeff George

    Century 21 New Millennium

    (703) 853-6882

    43 Total Sales

    Jeff George
    Section Image
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Map

Source: Bright MLS

MLS Number: VALO2038680

Bright MLS

APN: 209-19-9013

Virginia Loudoun County Chantilly 20152

26797 Gum Spring Rd, Chantilly, VA

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