NOT LISTED FOR SALE

5508 Oliver Ln Broad Run, VA 20137

Estimated Value: $661,000 - $791,000

3 Beds
3.5 Baths
2,766 Sq Ft
$272/Sq Ft Est. Value

Last Sold February 24, 2022

Last sale price $665,000 $240 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,520/month

1 Day on Market

Highlights

  • Eat-In Gourmet Kitchen
  • Deck
  • No HOA
  • Colonial Architecture
  • Partially Wooded Lot
  • Upgraded Countertops

About This Home

As of February 2022

DC-side Warrenton beautifully updated Colonial set on peaceful, partially wooded 1.5+acre lot. Fantastic commuter location, with bonus option to work/school from home w/ Xfinity internet and multiple options for home office space/classroom. Original owners have impeccably maintained and thoughtfully updated this home. TURN-KEY and ready for new owners - features include: Brand new LVT flooring throughout main level; Gorgeously updated kitchen w/ NEW granite counters, refinished white cabinets, NEW Fridge & Stove, Spacious Mudroom/Laundry area & Custom Barn Door; NEW Carpet on upper level; Primary Bath completely updated in 2021 w/ large tiled shower and stunning vanity; Upper Hall Bath is spacious & modern with Shiplap wall, vanity and tiled floor. The finished basement w/ walkout back entrance offers tons of possibilities with its full bath, wet bar w/ mini fridge & microwave, potential 4th bedroom & Rec Room. Other updates include HWH (2021), Garage Door (2021), Roof (2018), Front Porch w/ roof (2016), Well Pressure Tank & Pump (2014/15); Heat Pump (Dual Zone- w/humidifier & UV filter 2014/2009). Enjoy the surrounding wildlife and nature from your front porch, back deck, or patio. The owners have seasonally enjoyed the fresh berries that grow wild around the property. Located in the coveted Kettle Run HS district, this home is a gem in a prime spot! Pearmund Cellars Winery is just around the corner and proximity to Routes 29/55 provides easy access to both Gainesville & Warrenton amenities - Don't miss this one!

Last Agent to Sell the Property

William Farley

Long & Foster Real Estate, Inc. Listed on: 01/27/2022

Long & Foster Real Estate, Inc.

Co-Listed By

Allison Dove

Ross Real Estate License #0225217740

Last Buyer's Agent

Amanda Corvetto

Samson Properties

Samson Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,311

Year Built

  • Built in 1997

Lot Details

  • 1.61 Acre Lot
  • Landscaped
  • No Through Street
  • Partially Wooded Lot
  • Backs to Trees or Woods
  • Property is in excellent condition
  • Property is zoned R1

Parking

  • 2 Car Attached Garage
  • 3 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Block Foundation
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Wet Bar
  • Crown Molding
  • Recessed Lighting
  • Wood Burning Fireplace
  • Fireplace With Glass Doors
  • Fireplace Mantel
  • Brick Fireplace

Kitchen

  • Eat-In Gourmet Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops

Flooring

  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Basement with some natural light

Outdoor Features

  • Deck
  • Patio
  • Shed
  • Porch

Schools

  • W.G. Coleman Elementary School
  • Marshall Middle School
  • Kettle Run High School

Utilities

  • Humidifier
  • Heat Pump System
  • Water Treatment System
  • Well
  • Electric Water Heater
  • On Site Septic
  • Septic Equal To The Number Of Bedrooms
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Oliver Acres Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 6996-86-5730

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,311

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-01-27
  • Year Built: 1997
  • Automatically Close On Close Date: No
  • Remarks Public: DC-side Warrenton beautifully updated Colonial set on peaceful, partially wooded 1.5+acre lot. Fantastic commuter location, with bonus option to work/school from home w/ Xfinity internet and multiple options for home office space/classroom. Original owners have impeccably maintained and thoughtfully updated this home. TURN-KEY and ready for new owners - features include: Brand new LVT flooring throughout main level; Gorgeously updated kitchen w/ NEW granite counters, refinished white cabinets, NEW Fridge & Stove, Spacious Mudroom/Laundry area & Custom Barn Door; NEW Carpet on upper level; Primary Bath completely updated in 2021 w/ large tiled shower and stunning vanity; Upper Hall Bath is spacious & modern with Shiplap wall, vanity and tiled floor. The finished basement w/ walkout back entrance offers tons of possibilities with its full bath, wet bar w/ mini fridge & microwave, potential 4th bedroom & Rec Room. Other updates include HWH (2021), Garage Door (2021), Roof (2018), Front Porch w/ roof (2016), Well Pressure Tank & Pump (2014/15); Heat Pump (Dual Zone- w/humidifier & UV filter 2014/2009). Enjoy the surrounding wildlife and nature from your front porch, back deck, or patio. The owners have seasonally enjoyed the fresh berries that grow wild around the property. Located in the coveted Kettle Run HS district, this home is a gem in a prime spot! Pearmund Cellars Winery is just around the corner and proximity to Routes 29/55 provides easy access to both Gainesville & Warrenton amenities - Don't miss this one!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Humidifier, Microwave, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer
  • Flooring Type: Luxury Vinyl Plank, Ceramic Tile, Carpet
  • Interior Amenities: Kitchen - Gourmet, Upgraded Countertops, Kitchen - Table Space, Crown Moldings, Primary Bath(s), Recessed Lighting, Water Treat System, Wet/Dry Bar
  • Fireplace Features: Brick, Fireplace - Glass Doors, Mantel(s), Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Daylight, Partial, Outside Entrance, Walkout Level, Fully Finished
  • Laundry Type: Main Floor
  • Total Sq Ft: 3016
  • Living Area Sq Ft: 2766
  • Price Per Sq Ft: 285.17
  • Above Grade Finished Sq Ft: 2016
  • Below Grade Finished Sq Ft: 750
  • Below Grade Sq Ft: 250
  • Total Below Grade Sq Ft: 1000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5508

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
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding
  • Roof: Architectural Shingle
  • 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 Door Opener, Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic, Septic = # Of Br
  • Utilities: Cable Tv
  • Water Source: Well
  • Internet Services: Cable

Condo/Co-op/Association

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

Schools

  • School District: FAUQUIER COUNTY PUBLIC SCHOOLS
  • Elementary School: W.G. COLEMAN
  • Middle School: MARSHALL
  • High School: KETTLE RUN
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121140614887
  • School District Source: 3rd Party
  • Elementary School: W.G. COLEMAN
  • High School: KETTLE RUN
  • Middle Or Junior School: MARSHALL

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 205900.00
  • Land Assessed Value: 127200.00
  • Lot Features: Partly Wooded, Backs To Trees, Landscaping, No Thru Street
  • Lot Size Acres: 1.61
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 70232.00
  • Outdoor Living Structures: Deck(s), Patio(s), Porch(es)
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: R1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 21422503
  • Tax Annual Amount: 3311.00
  • Assessor Parcel Number: 6996-86-5730
  • Tax Lot: 3
  • Tax Total Finished Sq Ft: 2516
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 02/24/2022

MLS Schools

  • School District Name: FAUQUIER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2022
Closed on
Feb 23, 2022
Sold by
Morgan Michael J and Morgan Cheryl E
Bought by
Zakri Matthew David and Zakri Margaret Mary
Seller's Agent
William Farley
Long & Foster Real Estate, Inc.
Buyer's Agent
Amanda Corvetto
Samson Properties
List Price
$574,900
Sold Price
$665,000
Premium/Discount to List
$90,100
15.67%
Current Estimated Value
$751,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,779
Avg. Annual Appreciation
3.75%
Original Mortgage
$665,000
Outstanding Balance
$622,180
Interest Rate
3.55%
Mortgage Type
VA
Estimated Equity
$129,599

Purchase Details

Closed on
Dec 15, 1997
Sold by
Oliver & Edwards Construction
Bought by
Morgan Michael J and Morgan Cheryl E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
7.14%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Zakri Matthew David $665,000 Gold Cup Title
Morgan Michael J $182,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zakri Matthew David $665,000
Closed Zakri Matthew D $665,000
Previous Owner Morgan Michael J $150,000
Previous Owner Morgan Michael J $126,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2022 02/24/22 Sold $665,000 +15.7% $240 / Sq Ft
01/27/2022 01/27/22 For Sale $574,900 0.0% $208 / Sq Ft
01/24/2022 01/24/22 Price Changed $574,900 -- $208 / 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 $3,984 $412,000 $127,200 $284,800
2024 $3,899 $412,000 $127,200 $284,800
2023 $3,734 $412,000 $127,200 $284,800
2022 $3,734 $412,000 $127,200 $284,800
2021 $3,325 $333,100 $127,200 $205,900
2020 $3,325 $333,100 $127,200 $205,900
2019 $3,325 $333,100 $127,200 $205,900
2018 $3,285 $333,100 $127,200 $205,900
2016 $3,230 $309,600 $127,200 $182,400
2015 -- $309,600 $127,200 $182,400
2014 -- $309,600 $127,200 $182,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAFQ2002838

Bright MLS

APN: 6996-86-5730