NOT LISTED FOR SALE

7101 Morgan Island Way Gainesville, VA 20155

Estimated Value: $788,000 - $813,000

4 Beds
3.5 Baths
3,656 Sq Ft
$219/Sq Ft Est. Value

Last Sold November 28, 2012

Last sale price $365,000 $100 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $4,857/month

Highlights

  • Open Floorplan
  • Colonial Architecture
  • Vaulted Ceiling
  • Buckland Mills Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of November 2012

WONDERFUL SFH W/THREE FINISHED LEVELS*GLEAMING HARDWOODS*SPACIOUS KITCHEN W/CENTER ISLAND & BKFST RM*MAIN LEVEL OFFICE*HUGE FAM.RM OFFERS A CORNER GAS FP & PATIO DOOR TO DECK*GENEROUS MBR W/"HIS & HERS" W/I CLOSETS*CONVENIENT BEDROOM LVL LAUNDRY RM*FANTASTIC DECK W/STAIRS DOWN TO STAMPED CONCRETE PATIO*LL REC RM W/FULL BATH AND WALK OUT TO PATIO*CLOSE TO NEWER SHOPS, RESTAURANTS & NEWER SCHOOLS

Last Agent to Sell the Property

Ashley Leigh

(703) 407-9111 sales@lintonhallrealtors.com Linton Hall Realtors License #0225039416 Listed on: 06/14/2012

Co-Listed By

Justin Folds

(571) 220-4738 jfolds@soldbyfolds.com Real Broker, LLC License #0225188300

Last Buyer's Agent

Joyce Larkin

(703) 626-2362 joycelarkinrealtor@yahoo.com Keller Williams Realty/Lee Beaver & Assoc. License #0225039934

Keller Williams Realty/Lee Beaver & Assoc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,135

Year Built

  • Built in 2002

Lot Details

  • 5,441 Sq Ft Lot
  • Landscaped
  • Property is in very good condition
  • Property is zoned R6

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Front

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Chair Railings
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace With Glass Doors
  • Fireplace Mantel
  • Entrance Foyer
  • Family Room Off Kitchen
  • Dining Room
  • Den
  • Game Room
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 3.5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Rear Basement Entry

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Community Details

  • Sheridan

Listing and Financial Details

  • Tax Lot 70
  • Assessor Parcel Number 215780

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,135

Year Built

Built in 2002

Lot Details

0

HOA Fees

$50 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2002
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Microwave, Oven/Range - Electric, Refrigerator, Washer
  • Interior Amenities: Breakfast Area, Family Room Off Kitchen, Kitchen - Island, Dining Area, Chair Railings, Crown Moldings, Master Bath(s), Wood Floors, Recessed Lighting, Floor Plan - Open
  • Fireplace Features: Fireplace - Glass Doors, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 2 Story Ceilings, Vaulted Ceilings
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Dining Room, Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Game Room, Family Room, Den, Foyer, Study, Laundry
  • Basement: Yes
  • Basement Type: Outside Entrance, Rear Entrance, Fully Finished, Walkout Level
  • Living Area Units: Square Feet
  • Total Sq Ft: 3656
  • Living Area Sq Ft: 3656
  • Price Per Sq Ft: 127.03
  • Above Grade Finished Sq Ft: 2716
  • Below Grade Finished Sq Ft: 940
  • Total Below Grade Sq Ft: 940
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination, Brick, Brick Front
  • Construction Completed: No
  • 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
  • Parking Features: Garage
  • Garage Features: Garage Door Opener, Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), 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: 50.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes

Lot Info

  • Improvement Assessed Value: 245900.00
  • Land Assessed Value: 77000.00
  • Lot Features: Landscaping
  • Lot Size Acres: 0.12
  • Lot Size Area: 5441
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5441.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Very Good
  • Year Assessed: 2011
  • Zoning: R6

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 18649840
  • Tax Annual Amount: 4135.06
  • Assessor Parcel Number: 215780
  • Tax Lot: 70
  • Tax Total Finished Sq Ft: 2716
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011
  • Close Date: 11/28/2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2012
Closed on
Nov 20, 2012
Sold by
Trone Timothy R
Bought by
Larkin Zackary A
Seller's Agent
Ashley Leigh
Linton Hall Realtors
Buyer's Agent
Joyce Larkin
Keller Williams Realty/Lee Beaver & Assoc.
List Price
$350,000
Sold Price
$365,000
Premium/Discount to List
$15,000
4.29%
Current Estimated Value
$800,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$435,404
Avg. Annual Appreciation
6.28%
Original Mortgage
$346,750
Outstanding Balance
$239,724
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$560,680

Purchase Details

Closed on
May 24, 2002
Sold by
N V R Inc
Bought by
Trone Timothy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,100
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2002
Sold by
Somerset Crossing L C
Bought by
Nvr Inc
Source: Public Records

Range of Values:

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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
Larkin Zackary A $365,000 --
Trone Timothy R $325,160 --
Nvr Inc $106,530 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larkin Zackary A $346,750
Previous Owner Trone Timothy R $260,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/28/2012 11/28/12 Sold $365,000 +5.8% $100 / Sq Ft
10/17/2012 10/17/12 Pending -- -- --
10/14/2012 10/14/12 Price Changed $345,000 -1.4% $94 / Sq Ft
10/08/2012 10/08/12 For Sale $350,000 0.0% $96 / Sq Ft
10/05/2012 10/05/12 Pending -- -- --
10/01/2012 10/01/12 Price Changed $350,000 -4.1% $96 / Sq Ft
09/27/2012 09/27/12 Price Changed $365,000 0.0% $100 / Sq Ft
09/27/2012 09/27/12 For Sale $365,000 +9.0% $100 / Sq Ft
07/04/2012 07/04/12 Pending -- -- --
06/29/2012 06/29/12 Price Changed $335,000 -4.3% $92 / Sq Ft
06/15/2012 06/15/12 For Sale $350,000 -4.1% $96 / Sq Ft
06/14/2012 06/14/12 Off Market $365,000 -- --
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 $6,912 $775,800 $228,800 $547,000
2024 $6,912 $695,000 $202,000 $493,000
2023 $6,544 $628,900 $184,500 $444,400
2022 $6,519 $588,600 $179,700 $408,900
2021 $6,094 $499,800 $131,700 $368,100
2020 $7,859 $507,000 $134,600 $372,400
2019 $7,671 $494,900 $134,600 $360,300
2018 $5,623 $465,700 $126,200 $339,500
2017 $5,470 $444,200 $119,900 $324,300
2016 $5,285 $433,100 $115,400 $317,700
2015 $5,142 $420,100 $113,700 $306,400
2014 $5,142 $412,200 $106,300 $305,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004033798

Bright MLS

APN: 7397-15-4685