NOT LISTED FOR SALE

7338 Sugar Magnolia Loop Gainesville, VA 20155

Estimated Value: $1,332,785 - $1,444,000

5 Beds
5.5 Baths
4,600 Sq Ft
$302/Sq Ft Est. Value

Last Sold May 20, 2022

Last sale price $1,182,460 $257 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $8,374/month

Highlights

  • New Construction
  • 0.5 Acre Lot
  • 3 Car Attached Garage
  • Buckland Mills Elementary School Rated A
  • Colonial Architecture
  • Forced Air Heating and Cooling System

About This Home

As of May 2022

This home is located at 7338 Sugar Magnolia Loop, Gainesville, VA 20155 since 31 May 2022 and is currently estimated at $1,389,946, approximately $302 per square foot. 7338 Sugar Magnolia Loop is a home located in Prince William County with nearby schools including Buckland Mills Elementary School, Ronald Wilson Reagan Middle School, and St. Michael's Academy.

Last Agent to Sell the Property

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office Listed on: 05/31/2022

Last Buyer's Agent

Bhavani Ghanta

(703) 587-4258 bhavani_ghanta@yahoo.com Bhavani Ghanta Real Estate Company License #0225049460

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,535

Lot Details

  • 0.5 Acre Lot
  • Property is in excellent condition

HOA Fees

  • $66 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Front Facing Garage

Home Design

  • New Construction
  • Colonial Architecture
  • HardiePlank Type

Interior Spaces

  • 4,600 Sq Ft Home
  • Property has 3 Levels
  • Walk-Out Basement

Bedrooms and Bathrooms

Utilities

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

Community Details

  • Woodborne Preserve Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7297-33-8056

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,535

Lot Details

0

HOA Fees

$66 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Lower 1, Main, Upper 1
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Walkout Level
  • Total Sq Ft: 4600
  • Living Area Sq Ft: 4600
  • Price Per Sq Ft: 257.06
  • Above Grade Finished Sq Ft: 4600
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7338

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 3
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Hardiplank Type
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage

Utilities

  • 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 Septic, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 66.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: PRINCE WILLIAM COUNTY PUBLIC SCHOOLS
  • School District Key: 121137431984
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.50
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21780.00
  • Property Condition: Excellent
  • Zoning: R
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 24780511
  • Assessor Parcel Number: 7297-33-8056
  • Tax Year: 2022
  • Close Date: 05/20/2022

MLS Schools

  • School District Name: PRINCE WILLIAM COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2022
Closed on
May 20, 2022
Sold by
Stanley Martin Companies Llc
Bought by
Munukuntla Shirish Kumar and Munukuntla Archana
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
Bhavani Ghanta
Bhavani Ghanta Real Estate Company
List Price
$1,182,460
Sold Price
$1,182,460
Current Estimated Value
$1,389,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,486
Avg. Annual Appreciation
4.84%
Original Mortgage
$886,845
Outstanding Balance
$842,483
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$547,463
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
Munukuntla Shirish Kumar $1,182,460 Stewart Title Guaranty Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Munukuntla Shirish Kumar $886,845
Closed Munukuntla Shirish Kumar $177,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2022 05/31/22 For Sale $1,182,460 0.0% $257 / Sq Ft
05/20/2022 05/20/22 Sold $1,182,460 -- $257 / Sq Ft
10/11/2021 10/11/21 Pending -- -- --
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 $11,535 $1,274,600 $326,000 $948,600
2024 $11,535 $1,159,900 $304,900 $855,000
2023 $11,238 $1,080,100 $286,400 $793,700
2022 $3,282 $296,300 $280,500 $15,800
2021 $812 $67,800 $67,800 $0
Source: Public Records

Agents Affiliated with this Home

  • Bhavani Ghanta

    Buyer's Agent in 2022

    Bhavani Ghanta

    Bhavani Ghanta Real Estate Company

    (703) 587-4258

    5 in this area

    244 Total Sales

    Bhavani Ghanta
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Map

Source: Bright MLS

MLS Number: VAPW2029420

Bright MLS

APN: 7297-33-8056

Virginia Prince William County Gainesville 20155

7338 Sugar Magnolia Loop, Gainesville, VA

This home is located at 7338 Sugar Magnolia Loop, Gainesville, VA 20155 since 31 May 2022 and is currently estimated at $1,389,946, approximately $302 per square foot. 7338 Sugar Magnolia Loop is a home located in Prince William County with nearby schools including Buckland Mills Elementary School, Ronald Wilson Reagan Middle School, and St. Michael's Academy.

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