NOT LISTED FOR SALE

7402 Sugar Magnolia Loop Gainesville, VA 20155

Estimated Value: $1,273,000 - $1,494,000

5 Beds
5.5 Baths
5,292 Sq Ft
$265/Sq Ft Est. Value

Last Sold November 17, 2021

Last sale price $1,220,420 $231 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $8,512/month

Highlights

  • New Construction
  • 0.46 Acre Lot
  • 1 Fireplace
  • Buckland Mills Elementary School Rated A
  • Craftsman Architecture
  • 2 Car Attached Garage

About This Home

As of November 2021

This home is located at 7402 Sugar Magnolia Loop, Gainesville, VA 20155 since 06 December 2021 and is currently estimated at $1,404,090, approximately $265 per square foot. This property was built in 2021. 7402 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: 12/06/2021

Last Buyer's Agent

Daan De Raedt

(703) 581-7372 daan@propertycollective.com Property Collective

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $921

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 0.46 Acre Lot
  • Property is in excellent condition
  • Property is zoned SR1

HOA Fees

  • $66 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Craftsman Architecture
  • Slab Foundation
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

Utilities

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

Community Details

  • Woodborne Preserve Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 7297-43-7498

Home Details

Home Type

Single Family

Est. Annual Taxes

$921

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$66 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Craftsman
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Year Built: 2021
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Foundation Details: Slab
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 7954
  • Living Area Sq Ft: 5292
  • Price Per Sq Ft: 184.62
  • Above Grade Finished Sq Ft: 5292
  • Below Grade Sq Ft: 2662
  • Total Below Grade Sq Ft: 2662
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7402

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: 4
  • Upper Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 4
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stone, Vinyl Siding, Combination
  • 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
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

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: 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Assessed Value: 67800.00
  • Land Use Code: 131
  • Lot Size Acres: 0.46
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20020.00
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: SR1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 24780496
  • Tax Annual Amount: 921.00
  • Assessor Parcel Number: 7297-43-7498
  • Tax Lot: 5
  • Tax Total Finished Sq Ft: 5292
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 11/17/2021

MLS Schools

  • School District Name: PRINCE WILLIAM COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2021
Closed on
Nov 17, 2021
Sold by
Stanley Martin Companies Llc and Stanley Martin Homes Llc
Bought by
Yadav Vijay K and Yadav Purnima
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
Daan De Raedt
Property Collective
List Price
$976,990
Sold Price
$1,220,420
Premium/Discount to List
$243,430
24.92%
Current Estimated Value
$1,404,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,670
Avg. Annual Appreciation
3.66%
Original Mortgage
$822,375
Outstanding Balance
$753,565
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$650,525
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
Yadav Vijay K $1,220,420 First Excel Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yadav Vijay K $822,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2021 12/06/21 For Sale $976,990 -19.9% $185 / Sq Ft
11/17/2021 11/17/21 Sold $1,220,420 -- $231 / Sq Ft
05/03/2021 05/03/21 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 $11,941 $1,311,000 $326,000 $985,000
2024 $11,941 $1,200,700 $304,900 $895,800
2023 $11,634 $1,118,100 $286,400 $831,700
2022 $12,178 $1,099,600 $280,500 $819,100
2021 $812 $67,800 $67,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAPW2013520

Bright MLS

APN: 7297-43-7498