NOT LISTED FOR SALE

7418 Sugar Magnolia Loop Gainesville, VA 20155

Estimated Value: $1,445,000 - $1,534,000

6 Beds
5.5 Baths
6,906 Sq Ft
$216/Sq Ft Est. Value

Last Sold November 29, 2021

Last sale price $1,150,000 $167 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $9,039/month

Highlights

  • New Construction
  • Gourmet Kitchen
  • Open Floorplan
  • Buckland Mills Elementary School Rated A
  • 0.47 Acre Lot
  • Contemporary Architecture

About This Home

As of November 2021

Model home investment opportunity! The newest estate community in Gainesville is a must see! Build your home on one of our half acre homesites, and start planning outdoor parties and gatherings in your large backyard. Additional garage options finally give your loved ones the much needed car space. Relax in the mornings and evenings on the front porch while conversing with neighbors as they stroll down the side walked neighborhood streets. Our innovative designs offer up to four finished levels ensuring your loved ones have all of the large open gathering spaces as well as the private office and personal spaces. Your guests will enjoy the convenience of our main level bedroom features for short or long visits. Finally dream up large group meals in one of our gourmet kitchen designs. Expansive islands, cabinet options that soar to the ceilings, large pantries, and oversized light filled windows give you that kitchen you have dreamt of over the last year. Woodborne Preserve is a charming estate community that offers you an array of sophisticated home designs while being just a few short miles from Wegmans, Starbucks, dining, shopping and major commuter routes. We are currently following CDC and State guidelines regarding COVID-19.

Last Agent to Sell the Property

Stanley Martin

mlsadmin@stanleymartin.com SM Brokerage, LLC Listed on: 09/22/2021

Last Buyer's Agent

Serif Soydan

(312) 330-7300 serif.soydan@exprealty.com EXP Realty, LLC License #SP200205344

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,627

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 0.47 Acre Lot
  • Property is in excellent condition

HOA Fees

  • $66 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Side Facing Garage

Home Design

  • Contemporary Architecture
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • Property has 4 Levels
  • Open Floorplan
  • Tray Ceiling
  • Ceiling height of 9 feet or more
  • Recessed Lighting
  • 1 Fireplace
  • Combination Kitchen and Dining Room
  • Finished Basement

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Butlers Pantry
  • Built-In Double Oven
  • Gas Oven or Range
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet

Schools

  • Buckland Mills Elementary School
  • Ronald Wilson Reagan Middle School
  • Gainesville High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Programmable Thermostat
  • Electric Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 1
  • Assessor Parcel Number 7297-44-8341

Community Details

Overview

  • Association fees include snow removal, trash
  • Built by Stanley Martin Homes
  • Woodborne Preserve Subdivision, The Taylor [Elev. C] Floorplan

Recreation

  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,627

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$66 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • New Construction: Yes
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Year Built: 2021
  • Automatically Close On Close Date: No
  • Remarks Public: Model home investment opportunity! The newest estate community in Gainesville is a must see! Build your home on one of our half acre homesites, and start planning outdoor parties and gatherings in your large backyard. Additional garage options finally give your loved ones the much needed car space. Relax in the mornings and evenings on the front porch while conversing with neighbors as they stroll down the side walked neighborhood streets. Our innovative designs offer up to four finished levels ensuring your loved ones have all of the large open gathering spaces as well as the private office and personal spaces. Your guests will enjoy the convenience of our main level bedroom features for short or long visits. Finally dream up large group meals in one of our gourmet kitchen designs. Expansive islands, cabinet options that soar to the ceilings, large pantries, and oversized light filled windows give you that kitchen you have dreamt of over the last year. Woodborne Preserve is a charming estate community that offers you an array of sophisticated home designs while being just a few short miles from Wegmans, Starbucks, dining, shopping and major commuter routes. We are currently following CDC and State guidelines regarding COVID-19.
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Exhaust Fan, Microwave, Oven - Double, Oven - Wall, Oven/Range - Gas, Refrigerator
  • Interior Amenities: Breakfast Area, Butlers Pantry, Combination Kitchen/Dining, Dining Area, Entry Level Bedroom, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Recessed Lighting, Upgraded Countertops, Walk-In Closet(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings, Tray Ceilings
  • Foundation Details: Other
  • Levels Count: 4
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 6906
  • Living Area Sq Ft: 6906
  • Price Per Sq Ft: 222.27
  • Above Grade Finished Sq Ft: 5174
  • Below Grade Finished Sq Ft: 1732
  • Total Below Grade Sq Ft: 1732
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7418

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 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: 2.00
  • Upper Level 2 Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Upper Level 2 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stone, Vinyl Siding
  • Construction Completed: Yes
  • 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 - Side 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, Programmable Thermostat
  • Heating Fuel: Electric
  • Heating Type: Central, Programmable Thermostat
  • Heating: Yes
  • Hot Water: Electric
  • 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 Condo Co-Op Amenities: Jog/Walk Path
  • HOA Condo Co-Op Fee Includes: Snow Removal, Trash
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: PRINCE WILLIAM COUNTY PUBLIC SCHOOLS
  • Elementary School: BUCKLAND MILLS
  • Middle School: RONALD WILSON REAGAN
  • High School: GAINESVILLE
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121137431984
  • School District Source: Listing Agent
  • Elementary School: BUCKLAND MILLS
  • High School: GAINESVILLE
  • Middle Or Junior School: RONALD WILSON REAGAN

Lot Info

  • Lot Size Acres: 0.47
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20260.00
  • Property Condition: Excellent
  • In City Limits: Yes

Building Info

  • Builder Name: Stanley Martin Homes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 24603605
  • Assessor Parcel Number: 7297-44-8341
  • Tax Lot: 1
  • Tax Year: 2021
  • Close Date: 11/29/2021

MLS Schools

  • School District Name: PRINCE WILLIAM COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2021
Closed on
Nov 29, 2021
Sold by
Stanley Martin Homes Llc
Bought by
Demirkiran Mustafa and Demirkiran Bahar Seda
Seller's Agent
Stanley Martin
SM Brokerage, LLC
Buyer's Agent
Serif Soydan
EXP Realty, LLC
List Price
$1,250,000
Sold Price
$1,150,000
Premium/Discount to List
-$100,000
-8%
Current Estimated Value
$1,494,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,049
Avg. Annual Appreciation
7.07%
Original Mortgage
$920,000
Outstanding Balance
$844,905
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$649,144
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
Demirkiran Mustafa $1,150,000 First Excel Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Demirkiran Mustafa $920,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2021 11/29/21 Sold $1,150,000 0.0% $167 / Sq Ft
11/01/2021 11/01/21 Pending -- -- --
10/27/2021 10/27/21 Price Changed $1,150,000 -8.0% $167 / Sq Ft
09/22/2021 09/22/21 For Sale $1,250,000 -- $181 / 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 $12,627 $1,385,400 $326,000 $1,059,400
2024 $12,627 $1,269,700 $305,000 $964,700
2023 $12,106 $1,163,500 $286,500 $877,000
2022 $12,641 $1,141,400 $280,600 $860,800
2021 $813 $67,900 $67,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAPW2009478

Bright MLS

APN: 7297-44-8341