$840,000
SOLD MAY 19, 2025

7540 Rio Grande Way Gainesville, VA 20155

4 Beds
3.5 Baths
4,830 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$174 Per Sq Ft

4% Below List Price

14 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Buckland Mills Elementary School Rated A
  • 2 Car Attached Garage

About This Home

As of May 2025

Discover this beautifully designed 4-bedroom, 3.5-bath single family home offering spacious living across three levels. Located in a desirable community, this home features front parking for convenience and a well-thought-out floor plan perfect for modern living. Enjoy a bright and inviting interior, a well-appointed kitchen, and comfortable living spaces ideal for relaxation or entertaining. Conveniently situated near shopping, dining, and major commuter routes, this home is a must-see.Seller is seeking a 1-2 month rent-back after closing. Don’t miss this fantastic opportunity—schedule your tour today!

Last Agent to Sell the Property

Jonathan Lahey

EXP Realty, LLC License #SP98369515 Listed on: 03/05/2025

EXP Realty, LLC

Co-Listed By

Courtney Vu

KW Metro Center License #0225264562

Last Buyer's Agent

Ganesh Pandey

DMV Realty, INC.

DMV Realty, INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,904

Year Built

  • Built in 2005

Lot Details

  • 7,405 Sq Ft Lot
  • Property is zoned R4

HOA Fees

  • $88 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Partial Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

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

Community Details

  • Hopewells Landing Subdivision

Listing and Financial Details

  • Tax Lot 153
  • Assessor Parcel Number 7297-92-4364

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,904

Year Built

Built in 2005

Lot Details

0

HOA Fees

$88 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Expected On Market: 2025-03-05
  • Year Built: 2005
  • Automatically Close On Close Date: No
  • Remarks Public: Discover this beautifully designed 4-bedroom, 3.5-bath single family home offering spacious living across three levels. Located in a desirable community, this home features front parking for convenience and a well-thought-out floor plan perfect for modern living. Enjoy a bright and inviting interior, a well-appointed kitchen, and comfortable living spaces ideal for relaxation or entertaining. Conveniently situated near shopping, dining, and major commuter routes, this home is a must-see. Seller is seeking a 1-2 month rent-back after closing. Don’t miss this fantastic opportunity—schedule your tour today!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 4962
  • Living Area Sq Ft: 4830
  • Price Per Sq Ft: 256.64
  • Above Grade Finished Sq Ft: 3312
  • Below Grade Finished Sq Ft: 1518
  • Below Grade Sq Ft: 132
  • Total Below Grade Sq Ft: 1650
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7540

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • 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: Combination, Brick
  • 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: 75.00
  • 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: 88.00
  • 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

  • Land Use Code: 131
  • Lot Size Acres: 0.17
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7405.20
  • Year Assessed: 2025
  • Zoning: R4
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 7904.00
  • Assessor Parcel Number: 7297-92-4364
  • Tax Lot: 153
  • Tax Total Finished Sq Ft: 4830
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2025
  • Close Date: 05/19/2025

MLS Schools

  • School District Name: PRINCE WILLIAM COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2025
Closed on
May 16, 2025
Sold by
Young Kim Hwan
Bought by
Kandel Bimarsha and Kandel Priyanka
Seller's Agent
Jonathan Lahey
EXP Realty, LLC
Buyer's Agent
Ganesh Pandey
DMV Realty, INC.
List Price
$874,999
Sold Price
$840,000
Premium/Discount to List
-$34,999
-4%
Views
316
Current Estimated Value
$850,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,930
Avg. Annual Appreciation
4.90%
Original Mortgage
$755,500
Outstanding Balance
$753,319
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$97,611

Purchase Details

Closed on
Jun 19, 2009
Sold by
Yi Aesim
Bought by
Kim Hwan Young

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 2005
Sold by
D R Horton Inc
Bought by
Yi Hak Chae and Yi Yi,Aesim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$639,316
Interest Rate
5.84%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $845,000 Westcor Land Title
Deed $340,000 Platinum Title & Escrow Llc
Special Warranty Deed $726,495 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $755,500 VA
Previous Owner $300,000 New Conventional
Previous Owner $272,000 Purchase Money Mortgage
Previous Owner $639,316 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2025 05/19/25 Sold $840,000 -1.2% $174 / Sq Ft
03/18/2025 03/18/25 Price Changed $850,000 -2.9% $176 / Sq Ft
03/05/2025 03/05/25 For Sale $874,999 -- $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 $7,782 $872,400 $241,800 $630,600
2024 $7,782 $782,500 $215,000 $567,500
2023 $7,785 $748,200 $202,700 $545,500
2022 $8,098 $720,900 $188,100 $532,800
2021 $7,308 $601,100 $155,000 $446,100
2020 $8,169 $527,000 $139,300 $387,700
2019 $8,077 $521,100 $126,300 $394,800
2018 $5,999 $496,800 $120,100 $376,700
2017 $6,131 $499,000 $120,100 $378,900
2016 $5,942 $488,100 $117,400 $370,700
2015 $5,904 $482,400 $117,400 $365,000
2014 $5,904 $474,600 $112,800 $361,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAPW2088478

Bright MLS

APN: 7297-92-4364