NOT LISTED FOR SALE

7201 Forkland Way Gainesville, VA 20155

Estimated Value: $906,000 - $943,000

4 Beds
4.5 Baths
3,592 Sq Ft
$257/Sq Ft Est. Value

Last Sold June 21, 2018

Last sale price $550,000 $153 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $5,643/month

Highlights

  • Parking Attendant
  • Colonial Architecture
  • Breakfast Area or Nook
  • Buckland Mills Elementary School Rated A
  • 1 Fireplace
  • Forced Air Heating and Cooling System

About This Home

As of June 2018

Beautiful colonial house has it all. Fully finish basement with full bath. WALKING DISTANCE TO ELEMENTARY SCHOOL & MINUTES TO SHOPPING open concept living, dining, kitchen. walk-in closet & master bath, Lower level has huge rec room, walk out and full bath! New Carpet, Paint. Open House Sunday 1-3pm

Last Agent to Sell the Property

Sanggu Kang

(571) 314-6222 samkangrealtor@gmail.com Realty ONE Group Capital License #0225219579 Listed on: 05/18/2018

Realty ONE Group Capital

Last Buyer's Agent

Hailey Helton

(703) 919-4664 hailey@dwellus.com Real Broker, LLC

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,413

Year Built

  • Built in 2003

Lot Details

  • 0.3 Acre Lot
  • Property is zoned R4

HOA Fees

  • $95 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4.5 Bathrooms

Basement

  • Walk-Out Basement
  • Rear Basement Entry

Parking

  • Parking Space Number Location: 2
  • Parking Attendant

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • Somerset Subdivision

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 220626

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,413

Year Built

Built in 2003

Lot Details

0

HOA Fees

$95 per month

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: 2018-05-18
  • Year Built: 2003
  • Remarks Public: Beautiful colonial house has it all. Fully finish basement with full bath. WALKING DISTANCE TO ELEMENTARY SCHOOL & MINUTES TO SHOPPING open concept living, dining, kitchen. walk-in closet & master bath, Lower level has huge rec room, walk out and full bath! New Carpet, Paint. Open House Sunday 1-3pm
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Area
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Rear Entrance, Walkout Level
  • Living Area Units: Square Feet
  • Street Number Modifier: 7201

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 3
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Combination, Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Attendant
  • Parking Space Number Assigned: 2

Utilities

  • Refuse: 70.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: 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: 285.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: PRINCE WILLIAM COUNTY PUBLIC SCHOOLS
  • School District Key: 121137431984

Lot Info

  • Improvement Assessed Value: 386000.00
  • Land Assessed Value: 137500.00
  • Lot Size Acres: 0.30
  • Lot Size Area: 13186
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13186.00
  • Year Assessed: 2018
  • Zoning: R4

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6413.02
  • Assessor Parcel Number: 220626
  • Tax Lot: 19
  • Tax Total Finished Sq Ft: 3600
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 06/21/2018

MLS Schools

  • School District Name: PRINCE WILLIAM COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2018
Closed on
Jun 21, 2018
Sold by
Chio Jidon and Chio Sandy L
Bought by
Foto Alexander and Negash Yordanos
Seller's Agent
Sanggu Kang
Realty ONE Group Capital
Buyer's Agent
Hailey Helton
Real Broker, LLC
List Price
$559,990
Sold Price
$550,000
Premium/Discount to List
-$9,990
-1.78%
Current Estimated Value
$921,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$371,831
Avg. Annual Appreciation
7.30%
Original Mortgage
$467,500
Outstanding Balance
$404,309
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$517,522

Purchase Details

Closed on
Jul 15, 2003
Sold by
N V R Inc
Bought by
Choi Jidon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
5.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2003
Sold by
Somerset Crossing L C
Bought by
Nvr 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
Foto Alexander $550,000 Vesta Settlements Llc
Choi Jidon $441,340 --
Nvr Inc $250,620 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foto Alexander $467,500
Previous Owner Choi Jidon $322,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2018 06/21/18 Sold $550,000 -1.8% $153 / Sq Ft
05/20/2018 05/20/18 Pending -- -- --
05/18/2018 05/18/18 For Sale $559,990 -- $156 / 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 $7,923 $879,800 $250,400 $629,400
2024 $7,923 $796,700 $223,500 $573,200
2023 $7,935 $762,600 $209,100 $553,500
2022 $8,032 $714,900 $174,500 $540,400
2021 $7,606 $626,000 $149,400 $476,600
2020 $8,568 $552,800 $141,000 $411,800
2019 $8,362 $539,500 $141,000 $398,500
2018 $6,321 $523,500 $137,500 $386,000
2017 $6,352 $517,300 $137,000 $380,300
2016 $6,414 $527,600 $137,000 $390,600
2015 $5,666 $496,900 $131,000 $365,900
2014 $5,666 $455,100 $124,700 $330,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001184324

Bright MLS

APN: 7297-95-3355