NOT LISTED FOR SALE

7583 Margate Ct Unit 202 Manassas, VA 20109

Estimated Value: $195,000 - $241,827

2 Beds
1.5 Baths
800 Sq Ft
$270/mo HOA Fee

Last Sold December 14, 2018

Last sale price $124,500 $156 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $1,631/month

3 Days on Market

Highlights

  • Open Floorplan
  • Community Pool
  • Galley Kitchen
  • Bull Run Middle School Rated A-
  • Community Center
  • 2-minute walk to Summertree Pool

About This Home

As of December 2018

Bright, move-in ready condo with new floors and paint! Washer and Dryer in unit. Great kitchen and dining area, opens to Family Room with awesome balcony view. Stocking feet or shoe covers pls. Amenities include reserved parking, community center, pool. Tons of PW County privileges nearby park, regional library, and police and fire stations. Park along back row. No FHA due to Summertree status.

Last Agent to Sell the Property

Florence Stewart

(703) 244-4021 FLORENCE.STEWART@LNF.com Long & Foster Real Estate, Inc. License #0225059181 Listed on: 11/12/2018

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Maribel Alvarez

(703) 398-7372 maribel.infocenter@gmail.com Move4Free Realty, LLC License #0225096853

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,389

Year Built

  • Built in 1976

Lot Details

  • 1,089

HOA Fees

  • $270 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 800 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Dining Area

Kitchen

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

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Public Septic

Listing and Financial Details

  • Assessor Parcel Number 54091

Community Details

Overview

  • Association fees include lawn maintenance, insurance
  • Low-Rise Condominium
  • Summertree Condo Community
  • Summertree Condo Apts Subdivision
  • The community has rules related to parking rules

Amenities

  • Community Center

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,389

Year Built

Built in 1976

Lot Details

0

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
  • Expected On Market: 2018-11-14
  • Federal Flood Zone: No
  • Year Built: 1976
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Interior Amenities: Kitchen - Galley, Dining Area, Primary Bath(s), Floor Plan - Open
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 800
  • Living Area Sq Ft: 800
  • Price Per Sq Ft: 162.50
  • Above Grade Finished Sq Ft: 800
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

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

  • Garage: No

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 Septic, 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: Community Center, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Insurance
  • HOA Condo Co-Op Rules: Parking
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Improvement Assessed Value: 79300.00
  • Land Assessed Value: 29400.00
  • Zoning: R16
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1389.07
  • Assessor Parcel Number: 54091
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

MLS Schools

  • School District Name: PRINCE WILLIAM COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2018
Closed on
Dec 14, 2018
Sold by
Gupta Anjali and Mulakaluri Murali
Bought by
Hortua Diaz Emerson and Andrade Melendez Keila
Seller's Agent
Florence Stewart
Long & Foster Real Estate, Inc.
Buyer's Agent
Maribel Alvarez
Move4Free Realty, LLC
List Price
$130,000
Sold Price
$124,500
Premium/Discount to List
-$5,500
-4.23%
Current Estimated Value
$224,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,457
Avg. Annual Appreciation
8.85%
Original Mortgage
$120,765
Outstanding Balance
$106,397
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$118,560

Purchase Details

Closed on
Mar 28, 2012
Sold by
D And K Properties Inc
Bought by
Graham Ashley M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2012
Sold by
Kmp Inc
Bought by
D And K Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
3.88%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hortua Diaz Emerson $124,500 Attorney
Graham Ashley M $92,000 --
D And K Properties Inc $33,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hortua Diaz Emerson $120,765
Previous Owner D And K Properties Inc $72,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2018 12/14/18 Sold $124,500 -4.2% $156 / Sq Ft
11/15/2018 11/15/18 Pending -- -- --
11/12/2018 11/12/18 For Sale $130,000 -- $163 / 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 $2,112 $227,400 $61,100 $166,300
2024 $2,112 $212,400 $55,500 $156,900
2023 $1,941 $186,500 $49,100 $137,400
2022 $1,916 $173,000 $45,500 $127,500
2021 $1,748 $139,600 $38,800 $100,800
2020 $1,876 $121,000 $31,300 $89,700
2019 $1,860 $120,000 $32,100 $87,900
2018 $1,313 $108,700 $29,400 $79,300
2017 $1,318 $102,900 $27,800 $75,100
2016 $1,279 $100,600 $27,100 $73,500
2015 $1,225 $100,300 $27,600 $72,700
2014 $1,225 $94,100 $25,100 $69,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAPW100662

Bright MLS

APN: 7697-03-0416.03