NOT LISTED FOR SALE

787 Fairfax Pike Stephens City, VA 22655

Estimated Value: $231,000 - $283,437

-- Bed
1 Bath
952 Sq Ft
$271/Sq Ft Est. Value

Last Sold June 28, 2019

Last sale price $125,000 $131 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $1,438/month

531 Days on Market

Highlights

  • 0.59 Acre Lot
  • No HOA
  • Views
  • Premium Lot
  • Window Unit Cooling System
  • Floor Furnace

About This Home

As of June 2019

86-A-#125 & #127 (Owned by White) & #124 (Owned by LAB LLC) must be Sold & Closed Simultaneously as an assemblage.Plan/Zoning indicates the 3 parcels are approx. 3.95 acres. A discrepancy as to Land Sizes exists in tax office versus Plan/ Zoning.Buyer must verify the accurate sq ft.Survey not Avail. Zoned RP-Public W/S avail. Contact Lister to discuss $/sqft pricing w Buyer doing survey.

Last Agent to Sell the Property

Graham Nelson

(540) 664-3600 glnsr3@gmail.com Graham Lee Nelson, Sr. REALTOR License #0225197166 Listed on: 01/02/2018

Co-Listed By

Anne Nelson

(540) 303-3600 annenelsonrealestate@gmail.com CENTURY 21 New Millennium

Last Buyer's Agent

David Shore

(540) 665-2197 davidshorerealtor@gmail.com Harmony Properties Real Estate, Inc. License #0225045703

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $582

Year Built

  • Built in 1945

Lot Details

  • 0.59 Acre Lot
  • Premium Lot
  • Open Lot
  • Cleared Lot

Home Design

  • 952 Sq Ft Home
  • Frame Construction
  • Metal Roof

Basement

  • Partial Basement
  • Exterior Basement Entry

Utilities

  • Window Unit Cooling System
  • Floor Furnace
  • Heating System Uses Oil
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Property Views

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 124
  • Assessor Parcel Number 25610

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$582

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Outside Entrance, Partial
  • Total Sq Ft: 952
  • Living Area Sq Ft: 952
  • Price Per Sq Ft: 164.92
  • Above Grade Finished Sq Ft: 952
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Frame
  • Roof: Metal
  • View: Street
  • View: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Cooling: Yes
  • Heating Fuel: Electric, Oil
  • Heating Type: Floor Furnace
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Improvement Assessed Value: 42000.00
  • Land Assessed Value: 55000.00
  • Lot Features: Cleared, Premium, Open
  • Lot Size Acres: 0.59
  • Lot Size Area: 25700
  • Lot Dimensions: LotLength:257 X LotWidth:100X LotDepth:257
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 25700.00
  • Possible Use: Residential, Mixed Use, Office
  • Property Attached Yn: No
  • Soil Types: Unknown
  • Zoning: RP
  • Zoning Description: RP
  • In City Limits: No

Rental Info

  • Lease Term: Negotiable
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 582.00
  • Assessor Parcel Number: 25610
  • Tax Lot: 124
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2017

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2018
Closed on
Jun 20, 2019
Sold by
Ebeling Brent and Lab Real Estate Llc
Bought by
Blue Ridge Habitat For Humanity Inc
Seller's Agent
Graham Nelson
Graham Lee Nelson, Sr. REALTOR
Buyer's Agent
David Shore
Harmony Properties Real Estate, Inc.
List Price
$157,000
Sold Price
$125,000
Premium/Discount to List
-$32,000
-20.38%
Current Estimated Value
$257,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,609
Avg. Annual Appreciation
11.88%

Purchase Details

Closed on
Aug 24, 2016
Sold by
Boyer Ii Lewis A
Bought by
Lab Real Estate Llc A Virginia Limited L

Purchase Details

Closed on
Dec 15, 2003
Sold by
Miller Charles
Bought by
Boyer Ii Lewis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
5.9%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Blue Ridge Habitat For Humanity Inc -- None Available
Lab Real Estate Llc A Virginia Limited L -- None Available
Boyer Ii Lewis $130,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boyer Ii Lewis $117,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2019 06/28/19 Sold $125,000 -20.4% $131 / Sq Ft
06/17/2019 06/17/19 Pending -- -- --
12/30/2018 12/30/18 For Sale $157,000 +25.6% $165 / Sq Ft
12/04/2018 12/04/18 Off Market $125,000 -- --
09/23/2018 09/23/18 For Sale $157,000 0.0% $165 / Sq Ft
06/12/2018 06/12/18 Pending -- -- --
01/02/2018 01/02/18 For Sale $157,000 -- $165 / 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 $989 $206,000 $94,000 $112,000
2024 $364 $142,900 $73,000 $69,900
2023 $729 $142,900 $73,000 $69,900
2022 $755 $123,700 $67,500 $56,200
2021 $755 $123,700 $67,500 $56,200
2020 $723 $118,600 $67,500 $51,100
2019 $723 $118,600 $67,500 $51,100
2018 $672 $110,200 $67,500 $42,700
2017 $661 $110,200 $67,500 $42,700
2016 $582 $97,000 $55,000 $42,000
2015 $543 $97,000 $55,000 $42,000
2014 $300 $100,600 $55,000 $45,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004390027

Bright MLS

APN: 86A-124