$285,000
SOLD OCT 17, 2024
3 Beds
1.5 Baths
1,332 Sq Ft
$58/mo HOA Fee

Recently Sold

$214 Per Sq Ft

11% Below List Price

5 Days on Market

Highlights

  • Colonial Architecture
  • Forced Air Heating and Cooling System
  • 5-minute walk to Urbanna Swim Club
  • Community Pool

About This Home

As of February 2025

Attention, savvy investors! Looking for a low-maintenance, high-potential rental property? Check out 8115 Community Dr in Manassas. This 3-bedroom, 1.5-bath townhouse is already set up for success. With strong rental comps in the area, this home is projected to generate $2,100 to $2,400 per month in rent once renovated. That’s a fantastic cap rate of around 7.85%, making it a great income generator. The roof is about 5 years old, the water heater is 2020, and HVAC is 2014. All that's left is for you to put your personal touch on it.

Located in a community with easy access to shops, restaurants, and commuter options, this property checks all the boxes for tenants. The Irongate neighborhood is known for its community feel and convenience, appealing to a broad range of renters, from young professionals to small families.

This is your chance to secure a property with built-in income potential.

Last Agent to Sell the Property

Marc Piard

Pearson Smith Realty, LLC License #0225241101 Listed on: 10/02/2024

Pearson Smith Realty, LLC

Co-Listed By

Coco Piard

Pearson Smith Realty, LLC License #0225250324

Last Buyer's Agent

Mohammad Waheed

Simplist License #0225229760

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,906

Year Built

  • Built in 1970

Lot Details

  • 1,459 Sq Ft Lot

HOA Fees

  • $58 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Aluminum Siding

Interior Spaces

  • 1,332 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

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

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number 7696-88-9210

Community Details

Overview

  • Irongate Subdivision

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,906

Year Built

Built in 1970

Lot Details

0

HOA Fees

$58 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2024-10-02
  • Year Built: 1970
  • Automatically Close On Close Date: No
  • Remarks Public: Attention, savvy investors! Looking for a low-maintenance, high-potential rental property? Check out 8115 Community Dr in Manassas. This 3-bedroom, 1.5-bath townhouse is already set up for success. With strong rental comps in the area, this home is projected to generate $2,100 to $2,400 per month in rent once renovated. That’s a fantastic cap rate of around 7.85%, making it a great income generator. The roof is about 5 years old, the water heater is 2020, and HVAC is 2014. All that's left is for you to put your personal touch on it. Located in a community with easy access to shops, restaurants, and commuter options, this property checks all the boxes for tenants. The Irongate neighborhood is known for its community feel and convenience, appealing to a broad range of renters, from young professionals to small families. This is your chance to secure a property with built-in income potential.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Foundation Details: Slab
  • Levels Count: 2
  • Room Count: 5
  • Basement: No
  • Total Sq Ft: 1332
  • Living Area Sq Ft: 1332
  • Price Per Sq Ft: 240.24
  • Above Grade Finished Sq Ft: 1332
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8115

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Aluminum Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Refuse: 67.50
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 174.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: PRINCE WILLIAM COUNTY PUBLIC SCHOOLS
  • School District Key: 121137431984
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 144
  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1459.00
  • Year Assessed: 2024
  • Zoning: R6
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2906.00
  • Assessor Parcel Number: 7696-88-9210
  • Tax Lot: 28
  • Tax Total Finished Sq Ft: 1332
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 10/17/2024

MLS Schools

  • School District Name: PRINCE WILLIAM COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2025
Closed on
Feb 28, 2025
Sold by
Yozo Llc
Bought by
Yu Jonathan
Seller's Agent
Mohammad Waheed
Simplist
Buyer's Agent
Timothy Tsai
National Realty, LLC
List Price
$390,000
Sold Price
$390,000
Views
205
Current Estimated Value
$387,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,161
Avg. Annual Appreciation
-1.44%
Original Mortgage
$351,000
Outstanding Balance
$350,715
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$37,144

Purchase Details

Listed on
Oct 2, 2024
Closed on
Oct 17, 2024
Sold by
Singh Madhulika and Dharm Vir
Bought by
Yozo Llc
Seller's Agent
Marc Piard
Pearson Smith Realty, LLC
Buyer's Agent
Mohammad Waheed
Simplist
List Price
$320,000
Sold Price
$285,000
Premium/Discount to List
-$35,000
-10.94%
Views
57

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
133.43%

Purchase Details

Closed on
Aug 15, 2011
Sold by
Singh Dharm V
Bought by
Singh Madhulika and Singh Dharm Vir
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $390,000 Commonwealth Land Title
Warranty Deed $285,000 Champion Title
Gift Deed -- Franklin Title Company Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $351,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 Sold $390,000 0.0% $293 / Sq Ft
02/10/2025 02/10/25 Pending -- -- --
02/08/2025 02/08/25 For Sale $390,000 0.0% $293 / Sq Ft
02/07/2025 02/07/25 Off Market $390,000 -- --
01/25/2025 01/25/25 For Sale $390,000 +36.8% $293 / Sq Ft
10/17/2024 10/17/24 Sold $285,000 -10.9% $214 / Sq Ft
10/08/2024 10/08/24 Pending -- -- --
10/02/2024 10/02/24 For Sale $320,000 -- $240 / 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 $2,803 $281,900 $90,000 $191,900
2023 $2,657 $255,400 $65,500 $189,900
2022 $2,752 $248,500 $60,000 $188,500
2021 $2,672 $215,400 $54,500 $160,900
2020 $3,018 $194,700 $54,500 $140,200
2019 $2,945 $190,000 $54,500 $135,500
2018 $2,140 $177,200 $50,500 $126,700
2017 $2,203 $174,900 $50,500 $124,400
2016 $2,162 $173,200 $50,500 $122,700
2015 $1,925 $167,900 $48,500 $119,400
2014 $1,925 $150,100 $48,500 $101,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAPW2080520

Bright MLS

APN: 7696-88-9210