NOT LISTED FOR SALE

7577 Rio Grande Way Gainesville, VA 20155

Estimated Value: $767,000 - $901,624

5 Beds
4.5 Baths
4,194 Sq Ft
$204/Sq Ft Est. Value

Last Sold February 07, 2019

Last sale price $455,000 $108 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $5,472/month

27 Days on Market

Highlights

  • View of Trees or Woods
  • Open Floorplan
  • Wood Flooring
  • Buckland Mills Elementary School Rated A
  • Colonial Architecture
  • Attic

About This Home

As of February 2019

Great deal on large 5 bedroom home in Gainesville's popular and convenient Hopewells Landing! Over 4,000 square feet on 3 finished levels. Fully finished walk-out basement with 5th bedroom, rec room, fully bath! Priced below tax record. Sold as-is. Great bones but needs some TLC. This is a bankruptcy. All terms subject to court approval.

Last Agent to Sell the Property

Helaine Newman

Berkshire Hathaway HomeServices PenFed Realty Listed on: 09/21/2018

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Vikki Lee

AMPLUS REALTY, LLC. License #632638

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,500

Year Built

  • Built in 2005

Lot Details

  • 8,011 Sq Ft Lot
  • Property is zoned R4

HOA Fees

  • $76 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Front

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace Mantel
  • Gas Fireplace
  • Window Treatments
  • French Doors
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Wood Flooring
  • Views of Woods
  • Washer
  • Attic

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Finished Basement

  • Rear Basement Entry
  • Sump Pump

Utilities

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

Community Details

  • Association fees include management, reserve funds, road maintenance, sewer, snow removal, trash
  • Hopewells Landing Community
  • Hopewells Landing Subdivision
  • The community has rules related to covenants

Listing and Financial Details

  • Tax Lot 05
  • Assessor Parcel Number 240625

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,500

Year Built

Built in 2005

Lot Details

0

HOA Fees

$76 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2005
  • Remarks Public: Great deal on large 5 bedroom home in Gainesville's popular and convenient Hopewells Landing! Over 4,000 square feet on 3 finished levels. Fully finished walk-out basement with 5th bedroom, rec room, fully bath! Priced below tax record. Sold as-is. Great bones but needs some TLC. This is a bankruptcy. All terms subject to court approval.
  • Special Assessment Payment: Annually
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Microwave, Oven - Self Cleaning, Refrigerator, Oven/Range - Electric, Washer, Water Heater, Cooktop
  • Interior Amenities: Attic, Kitchen - Island, Kitchen - Table Space, Dining Area, Kitchen - Eat-In, Primary Bath(s), Upgraded Countertops, Window Treatments, Wood Floors, Recessed Lighting, Floor Plan - Open
  • Fireplace Features: Gas/Propane, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: French
  • Entry Location: Center Hall
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Study
  • Basement: Yes
  • Basement Type: Rear Entrance, Sump Pump, Fully Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 4194
  • Living Area Sq Ft: 4194
  • Price Per Sq Ft: 159.12
  • Above Grade Finished Sq Ft: 2828
  • Below Grade Finished Sq Ft: 1366
  • Total Below Grade Sq Ft: 1366
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7577

Beds/Baths

  • Bedrooms: 5
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • 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, Below Grade
  • Construction Materials: Combination, Brick, Brick Front
  • View: Trees/Woods
  • 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 Door Opener
  • 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, Ceiling Fan(s)
  • 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: 76.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Management, Reserve Funds, Road Maintenance, Sewer, Snow Removal, Trash
  • HOA Condo Co-Op Rules: Covenants
  • HOA: Yes
  • Senior Community: No

Schools

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

Green Features

  • Green Verification: No

Lot Info

  • Improvement Assessed Value: 339100.00
  • Land Assessed Value: 120300.00
  • Lot Size Acres: 0.18
  • Lot Size Area: 8011
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8011.00
  • Year Assessed: 2018
  • Zoning: R4
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 18696510
  • Tax Annual Amount: 5500.04
  • Assessor Parcel Number: 240625
  • Tax Lot: 05
  • Tax Total Finished Sq Ft: 2828
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2017
  • Close Date: 02/07/2019

MLS Schools

  • School District Name: PRINCE WILLIAM COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2018
Closed on
Feb 7, 2019
Sold by
Mirza Ather and Hussain Atiya A
Bought by
Otoo Harry and Seedah Barbara
Seller's Agent
Helaine Newman
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Vikki Lee
AMPLUS REALTY, LLC.
List Price
$450,000
Sold Price
$455,000
Premium/Discount to List
$5,000
1.11%
Total Days on Market
27
Current Estimated Value
$853,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$398,906
Avg. Annual Appreciation
10.59%
Original Mortgage
$427,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2006
Sold by
D R Horton Inc
Bought by
Mirza Ather and Mirza Hussain,Atiya A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
6.55%
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 Buyer Sale Price Title Company
Otoo Harry $450,000 Attorney
Mirza Ather $515,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Otto Harry $180,000
Open Otoo Harry $772,150
Closed Otoo Harry $470,000
Closed Otoo Harry $430,000
Closed Otoo Harry $430,000
Closed Otoo Harry $427,500
Previous Owner Mirza Ather $412,000
Previous Owner Mirza Ather $103,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2019 02/07/19 Sold $455,000 +1.1% $108 / Sq Ft
10/18/2018 10/18/18 Pending -- -- --
10/02/2018 10/02/18 For Sale $450,000 -1.1% $107 / Sq Ft
09/21/2018 09/21/18 Off Market $455,000 -- --
09/21/2018 09/21/18 For Sale $450,000 -- $107 / 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
2024 $7,240 $728,000 $215,200 $512,800
2023 $7,239 $695,700 $202,900 $492,800
2022 $7,529 $669,500 $188,200 $481,300
2021 $6,797 $558,500 $155,200 $403,300
2020 $7,592 $489,800 $139,400 $350,400
2019 $7,468 $481,800 $126,500 $355,300
2018 $5,547 $459,400 $120,300 $339,100
2017 $5,676 $461,300 $120,300 $341,000
2016 $5,501 $451,200 $117,500 $333,700
2015 $5,463 $446,100 $117,500 $328,600
2014 $5,463 $438,500 $112,900 $325,600
Source: Public Records

Agents Affiliated with this Home

  • Helaine Newman

    Seller's Agent in 2019

    Helaine Newman

    BHHS PenFed (actual)

    (703) 402-3134

    1 in this area

    53 Total Sales

    Helaine Newman
    Section Image
  • Vikki Lee

    Buyer's Agent in 2019

    Vikki Lee

    AMPLUS REALTY, LLC.

    (703) 231-5572

    62 Total Sales

    Vikki Lee
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1006112982

Bright MLS

APN: 7297-92-7324

Virginia Prince William County Gainesville 20155

7577 Rio Grande Way, Gainesville, VA

This home is located at 7577 Rio Grande Way, Gainesville, VA 20155 since 21 September 2018 and is currently estimated at $853,906, approximately $203 per square foot. This property was built in 2005. 7577 Rio Grande Way 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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