RENTED APR 1, 2025

81 Institute Ln Warrenton, VA 20186

Estimated Value: $348,361

3 Beds
2.5 Baths
1,767 Sq Ft
$197/Sq Ft Est. Value

Highlights

  • Second Kitchen
  • View of Trees or Woods
  • Traditional Floor Plan
  • Gourmet Kitchen
  • Deck
  • Traditional Architecture

About This Home

As of March 2024

Looking for CONVENIENCE? This property is in a prime location one block from Main Street and is surrounded by the Warrenton Historic District. Direct Access to the Greenway, a 5-mile walking trail with the new dog park is located down the block. From there Claire's at the Depot, and many other restaurants, bars, and shops on Main Street are a 5 to 10-minute walk. The community offers a pool, tennis courts, and ample parking for your guests. Exterior maintenance and lawn maintenance are included in the rent. Spectacularly maintained townhouse in Leeds Square. Main Floor has an updated kitchen with stainless steel appliances and granite counters, a living room-dining room combination, a half bath, and a back deck for entertaining . The upper level has two spacious bedrooms and a full bath. The basement has a full bath, a kitchenette, a bedroom, a den, and a sliding glass door to the patio under the deck. CONDO FEES ARE PAID BY LANDLORD, $50.00 water fee per month is paid to the landlord in addition to rent.

Last Agent to Rent the Property

Christy Shultzaberger

(540) 272-7022 christy@askchristy.realtor CENTURY 21 New Millennium License #0225085683 Listed on: 03/01/2024

CENTURY 21 New Millennium

Last Renter's Agent

Jessica Saadeh

(540) 270-3306 jessica.saadeh@lnf.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,561

Year Built

  • Built in 1979

Lot Details

  • Property is in excellent condition

HOA Fees

  • $364 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Brick Front
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Built-In Features
  • Recessed Lighting
  • Window Treatments
  • Combination Dining and Living Room
  • Views of Woods
  • Stacked Washer and Dryer
  • Attic

Kitchen

  • Gourmet Kitchen
  • Second Kitchen
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • Walk-in Shower

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Laundry in Basement

Home Security

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot
  • 1 Assigned Parking Space

Outdoor Features

  • Deck
  • Patio
  • Rain Gutters

Utilities

  • Central Air
  • Heat Pump System
  • Back Up Electric Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,400
  • Tenant pays for cable TV, electricity, frozen waterpipe damage, insurance, light bulbs/filters/fuses/alarm care, all utilities
  • The owner pays for association fees
  • Rent includes common area maintenance, grounds maintenance, hoa/condo fee, lawn service, parking, trash removal
  • No Smoking Allowed
  • 12-Month Min and 24-Month Max Lease Term
  • Available 5/1/24
  • $47 Application Fee
  • Assessor Parcel Number 6984-51-2938-005

Community Details

Overview

  • Association fees include common area maintenance, lawn maintenance, management, pool(s), trash
  • Leeds Square Condominium Association Condos
  • Leeds Square Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Pet Policy

  • Pet Deposit $1,125
  • $25 Monthly Pet Rent
  • Breed Restrictions

Additional Features

  • Common Area
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,561

Year Built

Built in 1979

Lot Details

0

HOA Fees

$364 per month

Rental Info

  • Date Available: 2024-05-01
  • Application Fee: 47.00
  • Monthly Pet Rent: 25.00
  • Owner Pays: Association Fees
  • Pet Deposit: 1125.00
  • Pets: Case By Case Basis, Breed Restrictions, Pet Addendum/Deposit
  • Pets Allowed: Yes
  • Rent Includes: Common Area Maintenance, Grounds Maintenance, Hoa/Condo Fee, Lawn Service, Parking, Trash Removal
  • Security Deposit: 2400.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Cable Tv, Electricity, Frozen Waterpipe Damage, Insurance, Light Bulbs/Filters/Fuses/Alarm Care, Utilities - All
  • Vacation Rental: No
  • Property Manager: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1979
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Front Loading, Exhaust Fan, Oven/Range - Electric, Stainless Steel Appliances, Refrigerator, Washer - Front Loading, Washer/Dryer Stacked, Water Heater
  • Flooring Type: Hardwood, Laminate Plank, Carpet
  • Interior Amenities: 2nd Kitchen, Attic, Built-Ins, Combination Dining/Living, Dining Area, Floor Plan - Traditional, Recessed Lighting, Stall Shower, Upgraded Countertops, Window Treatments, Wood Floors, Kitchen - Gourmet
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Slab, Concrete Perimeter
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished, Full, Outside Entrance, Interior Access
  • Laundry Type: Basement
  • Total Sq Ft: 1767
  • Living Area Sq Ft: 1767
  • Price Per Sq Ft: 2.04
  • Above Grade Finished Sq Ft: 1178
  • Below Grade Finished Sq Ft: 589
  • Total Below Grade Sq Ft: 589
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick Front
  • Exterior Features: Gutter System, Sidewalks
  • View: Trees/Woods
  • 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
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s), Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public
  • Municipal Trash: No
  • Internet Services: Cable

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 363.51
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Leeds Square Condominium Association
  • HOA Condo Co-Op Amenities: Common Grounds, Pool - Outdoor, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Management, Pool(s), Trash
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Fenced, In Ground

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Excellent
  • Zoning: RM

Tax Info

  • Assessor Parcel Number: 6984-51-2938-005

MLS Schools

  • School District Name: FAUQUIER COUNTY PUBLIC SCHOOLS

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2025 04/01/25 Rented $2,475 +3.1% --
03/29/2025 03/29/25 For Rent $2,400 0.0% --
03/21/2024 03/21/24 Rented $2,400 0.0% --
03/17/2024 03/17/24 Under Contract -- -- --
03/01/2024 03/01/24 For Rent $2,400 +6.7% --
04/24/2023 04/24/23 Rented $2,250 0.0% --
04/21/2023 04/21/23 Under Contract -- -- --
04/08/2023 04/08/23 For Rent $2,250 +36.4% --
03/07/2019 03/07/19 Rented $1,650 0.0% --
03/01/2019 03/01/19 For Rent $1,650 -- --
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 $2,561 $264,800 $75,000 $189,800
2024 $2,497 $264,800 $75,000 $189,800
2023 $2,391 $264,800 $75,000 $189,800
2022 $2,391 $264,800 $75,000 $189,800
2021 $1,850 $186,100 $50,000 $136,100
2020 $1,850 $186,100 $50,000 $136,100
2019 $1,850 $186,100 $50,000 $136,100
2018 $1,828 $186,100 $50,000 $136,100
2016 $1,547 $148,900 $40,000 $108,900
2015 $1,477 $148,900 $40,000 $108,900
2014 $1,477 $148,900 $40,000 $108,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAFQ2011554

Bright MLS

APN: 6984-51-2938-005