NOT LISTED FOR SALE

7606 James Madison Hwy Gainesville, VA 20155

Silver Lake Neighborhood

Estimated Value: $562,000 - $612,210

3 Beds
2 Baths
1,275 Sq Ft
$464/Sq Ft Est. Value

Last Sold March 31, 2017

Last sale price $345,000 $271 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $3,655/month

138 Days on Market

Highlights

  • 4.5 Acre Lot
  • Wood Burning Stove
  • 1 Fireplace
  • Haymarket Elementary School Rated A-
  • Rambler Architecture
  • Sun or Florida Room

About This Home

As of March 2017

Motivated Seller! Prime location with 4.5 acres and a beautiful lot. So much potential. One level rambler with 3 BR, 2 BA and 1 car garage. House needs some work/updating. Great opportunity to renovate and make it your own. Being sold As-Is.

Last Agent to Sell the Property

Mary Dispanet

CENTURY 21 New Millennium Listed on: 09/06/2016

CENTURY 21 New Millennium

Last Buyer's Agent

Michael Guzman

Spring Hill Real Estate, LLC. License #665154

Spring Hill Real Estate, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,863

Year Built

  • Built in 1960

Lot Details

  • 4.5 Acre Lot
  • Property is zoned A1

Parking

  • 1 Car Attached Garage
  • Front Facing Garage

Home Design

  • Rambler Architecture
  • Vinyl Siding

Interior Spaces

  • 1,275 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Wood Burning Stove
  • Flue
  • Family Room Off Kitchen
  • Den
  • Sun or Florida Room
  • Breakfast Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Schools

  • Battlefield High School

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 15165

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,863

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main
  • Year Built: 1960
  • Remarks Public: Motivated Seller! Prime location with 4.5 acres and a beautiful lot. So much potential. One level rambler with 3 BR, 2 BA and 1 car garage. House needs some work/updating. Great opportunity to renovate and make it your own. Being sold As-Is.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Family Room Off Kitchen, Breakfast Area, Stove - Wood
  • Fireplace Features: Flue For Stove
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Room List: Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Den, Breakfast Room, Sun/Florida Room
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1275
  • Living Area Sq Ft: 1275
  • Price Per Sq Ft: 294.12
  • Above Grade Finished Sq Ft: 1275
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7606

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 70.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: PRINCE WILLIAM COUNTY PUBLIC SCHOOLS
  • High School: BATTLEFIELD
  • School District Key: 121137431984
  • High School: BATTLEFIELD

Lot Info

  • Lot Size Acres: 4.50
  • Lot Size Area: 196159
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 196159.00
  • Property Attached Yn: No
  • Year Assessed: 2016
  • Zoning: A1

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2863.03
  • Assessor Parcel Number: 15165
  • Tax Total Finished Sq Ft: 1457
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015
  • Close Date: 03/31/2017

MLS Schools

  • School District Name: PRINCE WILLIAM COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2016
Closed on
Mar 8, 2017
Sold by
Kim Ki Man and Kim Yang Li
Bought by
Alfaro Juan and Alfaro Rosa N
Seller's Agent
Mary Dispanet
CENTURY 21 New Millennium
Buyer's Agent
Michael Guzman
Spring Hill Real Estate, LLC.
List Price
$375,000
Sold Price
$345,000
Premium/Discount to List
-$30,000
-8%
Current Estimated Value
$591,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,803
Avg. Annual Appreciation
6.43%
Original Mortgage
$334,650
Outstanding Balance
$280,659
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$298,326

Purchase Details

Closed on
Oct 3, 1996
Sold by
Borecky Janet D
Bought by
Turley Danny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
7.9%
Source: Public Records

Range of Values:

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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
Alfaro Juan $345,000 Attorney
Turley Danny $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alfaro Juan $334,650
Previous Owner Kim Kyung $115,000
Previous Owner Turley Danny $92,000
Closed Turley Danny $11,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2017 03/31/17 Sold $345,000 -8.0% $271 / Sq Ft
01/22/2017 01/22/17 Pending -- -- --
11/14/2016 11/14/16 For Sale $375,000 0.0% $294 / Sq Ft
10/10/2016 10/10/16 Pending -- -- --
09/06/2016 09/06/16 For Sale $375,000 -- $294 / 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 $4,518 $454,300 $202,600 $251,700
2023 $4,409 $423,700 $181,100 $242,600
2022 $4,171 $366,300 $165,400 $200,900
2021 $4,171 $339,200 $149,500 $189,700
2020 $4,945 $319,000 $149,500 $169,500
2019 $4,710 $303,900 $149,500 $154,400
2018 $3,705 $306,800 $149,500 $157,300
2017 $3,637 $292,300 $149,500 $142,800
2016 $3,120 $251,900 $149,500 $102,400
2015 $2,829 $230,800 $147,900 $82,900
2014 $2,829 $222,800 $137,300 $85,500
Source: Public Records

Agents Affiliated with this Home

  • Mary Dispanet

    Seller's Agent in 2017

    Mary Dispanet

    Century 21 New Millennium

    (540) 219-1196

    14 Total Sales

    Mary Dispanet
    Section Image
  • Michael Guzman

    Buyer's Agent in 2017

    Michael Guzman

    Spring Hill Real Estate, LLC.

    (703) 501-6171

    1 Total Sale

    Michael Guzman
    Section Image
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Map

Source: Bright MLS

MLS Number: 1000336437

Bright MLS

APN: 7297-02-3561

Virginia Prince William County Gainesville 20155 Silver Lake

7606 James Madison Hwy, Gainesville, VA

This home is located at 7606 James Madison Hwy, Gainesville, VA 20155 since 06 September 2016 and is currently estimated at $591,803, approximately $464 per square foot. This property was built in 1960. 7606 James Madison Hwy is a home located in Prince William County with nearby schools including Haymarket Elementary School, Ronald Wilson Reagan Middle School, and St. Michael's Academy.

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