NOT LISTED FOR SALE

3225 Margaritaville Ln Reva, VA 22735

Estimated Value: $473,669 - $553,000

3 Beds
2 Baths
2,126 Sq Ft
$244/Sq Ft Est. Value

Last Sold August 27, 2012

Last sale price $180,000 $85 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $2,967/month

71 Days on Market

Highlights

  • Deck
  • Traditional Floor Plan
  • Main Floor Bedroom
  • Wooded Lot
  • Rambler Architecture
  • No HOA

About This Home

As of August 2012

3 bedroom 2 bath home on a wooded lot near the Culp/Mad line.Home has an in-law suite, with large family room and bay window,2 additional rooms for an office/study/library,separate entrance with a foyer and screened in porch. Features Master bath updated with granite counters,updated kitchen with recessed lighting,skylight in the LR,covered porch,and side deck,large crawl space for extra storage

Last Agent to Sell the Property

Janet Holden

CENTURY 21 New Millennium License #0225031052 Listed on: 05/03/2012

CENTURY 21 New Millennium

Co-Listed By

Pamela Eng

CENTURY 21 New Millennium License #0225166450

CENTURY 21 New Millennium

Last Buyer's Agent

Pamela Eng

CENTURY 21 New Millennium License #0225166450

CENTURY 21 New Millennium

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,310

Year Built

  • Built in 1999

Lot Details

  • 2.06 Acre Lot
  • Wooded Lot
  • Property is in very good condition
  • Property is zoned A1

Home Design

  • Rambler Architecture
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,126 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Ceiling Fan
  • Entrance Foyer
  • Family Room
  • Living Room
  • Den

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Gravel Driveway
  • Shared Driveway

Outdoor Features

  • Deck
  • Screened Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 36-C-1- -11

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,310

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1999
  • Remarks Public: 3 bedroom 2 bath home on a wooded lot near the Culp/Mad line.Home has an in-law suite, with large family room and bay window,2 additional rooms for an office/study/library,separate entrance with a foyer and screened in porch. Features Master bath updated with granite counters,updated kitchen with recessed lighting,skylight in the LR,covered porch,and side deck,large crawl space for extra storage
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Dryer, Microwave, Oven/Range - Electric, Refrigerator, Washer
  • Interior Amenities: Kitchen - Eat-In, Primary Bath(s), Entry Level Bedroom, Upgraded Countertops, Floor Plan - Traditional
  • Fireplace: No
  • Entry Location: Foyer
  • Foundation Details: Block
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Foyer, Study, In-Law/AuPair/Suite, Laundry, Bedroom 6
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2126
  • Living Area Sq Ft: 2126
  • Price Per Sq Ft: 89.32
  • Above Grade Finished Sq Ft: 2126
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3225

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Shared Driveway, Gravel Driveway
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Trees/Wooded
  • Lot Size Acres: 2.06
  • Lot Size Area: 89734
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 89734.00
  • Outdoor Living Structures: Deck(s), Porch(es), Screened
  • Property Condition: Very Good
  • Year Assessed: 2011
  • Zoning: A1

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1309.80
  • Assessor Parcel Number: 36-C-1- -11
  • Tax Lot: 11
  • Tax Total Finished Sq Ft: 2094
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011
  • Close Date: 08/27/2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2012
Closed on
Aug 8, 2012
Sold by
Connell Christopher M
Bought by
Wolfington John M
Seller's Agent
Janet Holden
CENTURY 21 New Millennium
Buyer's Agent
Pamela Eng
CENTURY 21 New Millennium
List Price
$198,500
Sold Price
$180,000
Premium/Discount to List
-$18,500
-9.32%
Current Estimated Value
$518,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$338,167
Avg. Annual Appreciation
8.46%
Original Mortgage
$176,739
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
May 29, 2009
Sold by
Deutsche Bank Nat'L Trust
Bought by
Connell Christopher M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,011
Interest Rate
4.82%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 8, 2008
Sold by
Prof'L Foreclosure Corp O
Bought by
Deutsche Bank Nat'L Trust
Source: Public Records

Range of Values:

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Average Value
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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
Wolfington John M $180,000 --
Connell Christopher M $165,000 --
Deutsche Bank Nat'L Trust $179,950 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wolfington John M $360,000
Closed Wolfington John M $288,970
Closed Wolfington Dawn M $199,458
Closed Wolfington Dawn M $10,248
Closed Wolfington Dawn M $10,247
Closed Wolfington Dawn M $201,465
Closed Wolfington John M $176,739
Previous Owner Connell Christopher M $162,011
Previous Owner Fincham David A $295,000
Previous Owner Fincham David A $246,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2012 08/27/12 Sold $180,000 -5.2% $85 / Sq Ft
07/13/2012 07/13/12 Pending -- -- --
07/04/2012 07/04/12 Price Changed $189,900 -2.4% $89 / Sq Ft
05/18/2012 05/18/12 Price Changed $194,500 -2.0% $91 / Sq Ft
05/03/2012 05/03/12 For Sale $198,500 -- $93 / 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
2024 $1,790 $380,800 $84,000 $296,800
2023 $1,752 $380,800 $84,000 $296,800
2022 $1,589 $288,900 $73,000 $215,900
2021 $1,589 $288,900 $73,000 $215,900
2020 $1,657 $267,200 $62,600 $204,600
2019 $1,657 $267,200 $62,600 $204,600
2018 $1,622 $242,100 $59,600 $182,500
2017 $1,622 $242,100 $59,600 $182,500
2016 $1,606 $220,000 $64,100 $155,900
2015 $1,606 $220,000 $64,100 $155,900
2014 $1,321 $159,100 $51,600 $107,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003971584

Bright MLS

APN: 36-C-1-11