NOT LISTED FOR SALE

7579 Margate Ct Unit 3 Manassas, VA 20109

Estimated Value: $224,000 - $261,000

2 Beds
2 Baths
794 Sq Ft
$270/ mo HOA Fee

Last Sold October 15, 2018

Last sale price $124,999 $157 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $1,674/month

16 Days on Market

Highlights

  • Traditional Floor Plan
  • Community Pool
  • Galley Kitchen
  • Bull Run Middle School Rated A-
  • Party Room
  • 3-minute walk to Summertree Pool

About This Home

As of October 2018

INVESTOR PURCHASE ONLY. Opportunity for investment w/long term, stable renters. 2bed, 2bath bottom level condo in Summertree. Mins from shopping, downtown, VRE, I66, Prince William hospital. Rare investment opportunity at this price and this location w/no initial vacancy costs!!! Won't last long!!

Last Agent to Sell the Property

Tiffany Suarez

(703) 330-1776 tizenour.realty@gmail.com Freedom Property Management and Sales. LLC License #0225228169 Listed on: 09/10/2018

Co-Listed By

James Brown

(571) 261-8800 homesteadrealty.va@gmail.com Homestead Realty

Last Buyer's Agent

Patricia Caraballo

(703) 784-0012 patriciac@metrohomesdmv.com Metro Homes DMV LLC License #0225195827

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,285

Year Built

  • Built in 1975

Lot Details

  • 1,002

HOA Fees

  • $270 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 794 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Window Treatments
  • Sliding Doors
  • Living Room
  • Dining Room

Kitchen

  • Galley Kitchen
  • Electric Oven or Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Rented or Permit Required
  • 1 Assigned Parking Space

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater

Additional Features

  • Patio
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 54120

Community Details

Overview

  • Moving Fees Required
  • Association fees include exterior building maintenance, management, insurance, pool(s), road maintenance, sewer, snow removal, trash, water
  • Low-Rise Condominium
  • Summertree Condo Community
  • Summertree Condo Apts Subdivision
  • The community has rules related to commercial vehicles not allowed, parking rules

Amenities

  • Common Area
  • Party Room

Recreation

  • Community Pool

Pet Policy

  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,285

Year Built

Built in 1975

Lot Details

1,002 Sq Ft Lot

HOA Fees

$270 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1975
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Oven/Range - Electric, Dishwasher, Dryer, Washer, Range Hood, Exhaust Fan, Water Heater
  • Interior Amenities: Kitchen - Galley, Dining Area, Primary Bath(s), Window Treatments, Flat, Floor Plan - Traditional
  • Fireplace: No
  • Door Features: Sliding Glass
  • Entry Location: 1st Floor
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Bedroom 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 794
  • Living Area Sq Ft: 794
  • Price Per Sq Ft: 157.43
  • Above Grade Finished Sq Ft: 794
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned, Rented/Permit Required

Utilities

  • Refuse: 47.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 270.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Party Room, Pool - Outdoor, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Management, Insurance, Pool(s), Road Maintenance, Sewer, Snow Removal, Trash, Water
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA Condo Co-Op Rules: Commercial Vehicles Prohibited, Moving Fees Required, Parking, Pets - Size Restrict
  • HOA: No
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 79700.00
  • Land Assessed Value: 29400.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Very Good
  • Zoning: R16

Rental Info

  • Total Actual Rent: 13200.00
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 18590711
  • Tax Annual Amount: 1285.02
  • Assessor Parcel Number: 54120
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2018
Closed on
Oct 15, 2018
Sold by
Nandella Sukesh
Bought by
Zambrano Maximliano
Seller's Agent
Tiffany Suarez
Freedom Property Management and Sales. LLC
Buyer's Agent
Patricia Caraballo
Metro Homes DMV LLC
List Price
$124,999
Sold Price
$124,999
Current Estimated Value
$239,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,086
Avg. Annual Appreciation
9.19%

Purchase Details

Closed on
Dec 18, 2009
Sold by
Raman Sanjeev
Bought by
Nandella Sukesh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,732
Interest Rate
5%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 7, 2009
Sold by
Deutsche Bank Ntl Tr Co T
Bought by
Raman Sanjeev

Purchase Details

Closed on
Mar 13, 2008
Sold by
Glasser and Glasser Plc S
Bought by
Deutsche Bank Ntl Tr Co Truste and Poolong Serv Agreement,

Purchase Details

Closed on
May 29, 2002
Sold by
Sec Housing And Urban Dev
Bought by
Barraza Junis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
6.9%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Zambrano Maximliano $124,999 C L A Title
Nandella Sukesh $70,000 Stewart Title Guaranty Co
Raman Sanjeev $45,900 --
Deutsche Bank Ntl Tr Co Truste $72,200 --
Barraza Junis A $55,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nandella Sukesh $68,732
Previous Owner Barraza Junis A $52,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2018 10/15/18 Sold $124,999 0.0% $157 / Sq Ft
09/26/2018 09/26/18 Pending -- -- --
09/10/2018 09/10/18 For Sale $124,999 -- $157 / Sq Ft
Source: Bright MLS

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 $2,106 $228,200 $61,100 $167,100
2024 $2,106 $211,800 $55,500 $156,300
2023 $1,935 $186,000 $49,100 $136,900
2022 $1,910 $172,500 $45,500 $127,000
2021 $1,743 $139,200 $38,800 $100,400
2020 $1,872 $120,800 $31,300 $89,500
2019 $1,868 $120,500 $32,100 $88,400
2018 $1,317 $109,100 $29,400 $79,700
2017 $1,325 $103,500 $27,800 $75,700
2016 $1,286 $101,200 $27,100 $74,100
2015 $1,231 $100,800 $27,600 $73,200
2014 $1,231 $94,600 $25,100 $69,500
Source: Public Records

Agents Affiliated with this Home

  • Tiffany Suarez

    Seller's Agent in 2018

    Tiffany Suarez

    Freedom Property Management and Sales. LLC

    (703) 926-6878

    10 in this area

    50 Total Sales

    Tiffany Suarez
    Section Image
  • James Brown

    Seller Co-Listing Agent in 2018

    James Brown

    Homestead Realty

    (703) 622-5418

    9 Total Sales

    James Brown
    Section Image
  • Patricia Caraballo

    Buyer's Agent in 2018

    Patricia Caraballo

    Metro Homes DMV LLC

    (571) 839-4785

    4 in this area

    124 Total Sales

    Patricia Caraballo
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003289680

Bright MLS

APN: 7697-03-4444.01

Virginia Prince William County Manassas 20109

7579 Margate Ct Unit 3, Manassas, VA

Not Listed for Sale

Condos

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