NOT LISTED FOR SALE

7585 Margate Ct Unit 1A-104 Manassas, VA 20109

Estimated Value: $232,000 - $257,000

2 Beds
1.5 Baths
1,200 Sq Ft
$263/mo HOA Fee

Last Sold June 07, 2012

Last sale price $92,000 $77 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $1,718/month

Highlights

  • Traditional Floor Plan
  • Community Pool
  • Combination Dining and Living Room
  • Bull Run Middle School Rated A-
  • Forced Air Heating and Cooling System
  • 1-minute walk to Summertree Pool

About This Home

As of June 2012

Very nice 2 BD and 1.5 BH apartment, fresh paint, new carpet, new bathrooms vanities, good location, close to I-66, NVCC,shopping centers, seller very motivated to sell. Yearly income $14,400. Regular sale. Property AS-IS but shows very well.

Last Agent to Sell the Property

Estera Warrick

(703) 507-9642 estera.warrick@gmail.com Royal Realty, LLC License #0225182765 Listed on: 04/29/2012

Last Buyer's Agent

Grace Wallace

(703) 368-1146 grace.wallace@longandfoster.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $782

Year Built

  • Built in 1977

Lot Details

  • 1,263

HOA Fees

  • $263 Monthly HOA Fees

Parking

  • 1 Assigned Parking Space

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,200 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 54157

Community Details

Overview

  • Association fees include lawn care front, lawn care rear, lawn care side, lawn maintenance, parking fee, pool(s), road maintenance, sewer, snow removal, trash, water
  • Low-Rise Condominium
  • Summertree Condo Community
  • Summertree Condo Apts Subdivision

Amenities

  • Common Area
  • Community Storage Space

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$782

Year Built

Built in 1977

Lot Details

0

HOA Fees

$263 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: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1977
  • Remarks Public: Very nice 2 BD and 1.5 BH apartment, fresh paint, new carpet, new bathrooms vanities, good location, close to I-66, NVCC,shopping centers, seller very motivated to sell. Yearly income $14,400. Regular sale. Property AS-IS but shows very well.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Combination Dining/Living, Floor Plan - Traditional
  • Fireplace: No
  • Entry Location: 1st Floor
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1200
  • Living Area Sq Ft: 1200
  • Price Per Sq Ft: 81.67
  • Above Grade Finished Sq Ft: 1200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7585

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
  • Construction Completed: No
  • 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

Utilities

  • 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

  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 263.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Extra Storage, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Parking Fee, Pool(s), Road Maintenance, Sewer, Snow Removal, Trash, Water
  • HOA Condo Co-Op Rules: Pets - Allowed
  • HOA: Yes

Lot Info

  • Improvement Assessed Value: 46300.00
  • Land Assessed Value: 14800.00
  • Year Assessed: 2011
  • Zoning: R16

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 18591581
  • Tax Annual Amount: 782.45
  • Assessor Parcel Number: 54157
  • Tax Total Finished Sq Ft: 794
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011
  • Close Date: 06/07/2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2013
Sold by
Majeed Khalid
Bought by
Uddin Mohammed K
Current Estimated Value
$244,416

Purchase Details

Listed on
Apr 29, 2012
Closed on
Jun 7, 2012
Sold by
Cin Vasile
Bought by
Stecker Carolyn J
Seller's Agent
Estera Warrick
Royal Realty, LLC
Buyer's Agent
Grace Wallace
Long & Foster Real Estate, Inc.
List Price
$105,000
Sold Price
$92,000
Premium/Discount to List
-$13,000
-12.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.58%
Original Mortgage
$92,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2011
Sold by
Hatmi Enterprises Llc and Rahimi Shogufa
Bought by
Cin Vasile

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,500
Interest Rate
4.83%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 10, 2009
Sold by
Hatmi David
Bought by
Hatmi Enterprises Llc

Purchase Details

Closed on
Oct 30, 2008
Sold by
Federal National Mortgage Association
Bought by
Hatmi David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
5.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2008
Sold by
Equity Trustees Llc
Bought by
Federal National Mtg Asoc

Purchase Details

Closed on
Aug 29, 2005
Sold by
Schroeder William J
Bought by
Cruz Jose De La and Cruz Molina,Sorto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
5.79%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Uddin Mohammed K $115,000 --
Stecker Carolyn J $92,000 --
Cin Vasile $85,000 Chicago Title Insurance Co
Hatmi Enterprises Llc -- None Available
Hatmi David $45,500 --
Hatmi David $45,500 --
Federal National Mtg Asoc $162,488 --
Cruz Jose De La $198,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stecker Carolyn J $92,000
Previous Owner Cin Vasile $26,500
Previous Owner Hatmi David $42,000
Previous Owner Cruz Jose De La $198,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2012 06/07/12 Sold $92,000 -6.1% $77 / Sq Ft
05/07/2012 05/07/12 Pending -- -- --
04/30/2012 04/30/12 Price Changed $98,000 -6.7% $82 / Sq Ft
04/29/2012 04/29/12 For Sale $105,000 -- $88 / 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 -- $229,200 $61,100 $168,100
2024 -- $214,400 $55,500 $158,900
2023 $1,958 $188,200 $49,100 $139,100
2022 $2,013 $174,500 $45,500 $129,000
2021 $1,763 $140,800 $38,800 $102,000
2020 $1,893 $122,100 $31,300 $90,800
2019 $1,877 $121,100 $32,100 $89,000
2018 $1,360 $112,600 $29,400 $83,200
2017 $1,289 $106,800 $27,800 $79,000
2016 $1,324 $104,400 $27,100 $77,300
2015 $1,268 $104,000 $27,600 $76,400
2014 $1,268 $97,600 $25,100 $72,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003964060

Bright MLS

APN: 7697-03-0401.02