NOT LISTED FOR SALE

906 Fairtree Ln Culpeper, VA 22701

Estimated Value: $507,000 - $546,000

4 Beds
3.5 Baths
2,842 Sq Ft
$183/Sq Ft Est. Value

Last Sold August 29, 2016

Last sale price $289,900 $102 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $3,012/month

Highlights

  • Boat or Launch Ramp
  • Water Access
  • Combination Kitchen and Living
  • Home fronts navigable water
  • Colonial Architecture
  • Game Room

About This Home

As of August 2016

Beautifully finished, spacious three-story 4BR/3.5BA home in the sought-after Lakeview of Culpeper neighborhood just minutes from downtown Culpeper. Home features an open layout with lots of light, large multi-story deck, upgraded master bath, fully equipped kitchen, hardwood floors, gas fireplace, two-car garage, and finished basement. Owner is agent. Schedule online using Showtime.

Last Agent to Sell the Property

Nicholas Mormann

(202) 557-8879 nmormannrealtor@gmail.com Douglas Realty of Virginia LLC License #0225196130 Listed on: 07/25/2016

Co-Listed By

Afton Mormann

(866) 987-3937 aftonrealtor@gmail.com Douglas Realty

Last Buyer's Agent

Janet Holden

(540) 672-8624 janetholden@theholdengroup.com CENTURY 21 New Millennium License #0225031052

CENTURY 21 New Millennium

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,461

Year Built

  • Built in 2004

Lot Details

  • 0.36 Acre Lot
  • Home fronts navigable water
  • Property is in very good condition
  • Property is zoned R1

HOA Fees

  • $73 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Chair Railings
  • Crown Molding
  • Gas Fireplace
  • Entrance Foyer
  • Family Room
  • Combination Kitchen and Living
  • Dining Room
  • Den
  • Game Room
  • Storage Room

Kitchen

  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 3.5 Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Finished Basement

  • Walk-Out Basement
  • Rear Basement Entry
  • Basement with some natural light

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Water Access
  • Property is near a lake
  • Boat or Launch Ramp
  • Shared Waterfront

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 249
  • Assessor Parcel Number 40-U-4- -249

Community Details

Overview

  • Lakeview Of Culpeper Subdivision

Amenities

  • Party Room

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Community Pool
  • Pool Membership Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,461

Year Built

Built in 2004

Lot Details

0

HOA Fees

$73 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Icemaker, Microwave, Oven/Range - Electric, Refrigerator, Water Heater
  • Interior Amenities: Dining Area, Combination Kitchen/Living, Kitchen - Island, Primary Bath(s), Chair Railings, Crown Moldings
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Game Room, Family Room, Den, Foyer, Bedroom 1, Laundry, Storage Room
  • Basement: Yes
  • Basement Type: Rear Entrance, Fully Finished, Daylight, Partial, Walkout Level
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Water Access: Yes
  • Water Body Name: LAKE PELHAM
  • Water Body Type: Lake
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Paved Driveway, Garage
  • Garage Features: Garage Door Opener, Garage - Front Entry
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Driveway

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 73.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Party Room, Pool - Outdoor, Pool Mem Avail, Tennis Courts, Tot Lots/Playground
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 202900.00
  • Land Assessed Value: 58900.00
  • Lot Size Acres: 0.36
  • Lot Size Area: 15682
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15682.00
  • Property Condition: Very Good
  • Zoning: R1
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 17059323
  • Tax Annual Amount: 2460.92
  • Assessor Parcel Number: 40-U-4- -249
  • Tax Lot: 249
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015

Multi Family

  • Dock Slip Conveyance: None Available
  • Waterfront Features: Boat/Launch Ramp, Shared

MLS Schools

  • School District Name: CULPEPER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2016
Closed on
Aug 25, 2016
Sold by
Mrmann Properties Llc A Virginia Limited
Bought by
Fox James and Fox Tracy H
Seller's Agent
Nicholas Mormann
Douglas Realty of Virginia LLC
Buyer's Agent
Janet Holden
CENTURY 21 New Millennium
List Price
$289,900
Sold Price
$289,900
Current Estimated Value
$521,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,460
Avg. Annual Appreciation
6.61%
Original Mortgage
$296,132
Outstanding Balance
$236,463
Interest Rate
3.42%
Mortgage Type
VA
Estimated Equity
$284,897

Purchase Details

Listed on
Apr 12, 2016
Closed on
May 19, 2016
Sold by
Secretary Of Housing And Urban Developme
Bought by
Mormann Properties Llc
Seller's Agent
Steve Gardner
EXP Realty, LLC
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$290,000
Sold Price
$217,701
Premium/Discount to List
-$72,299
-24.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
188.87%

Purchase Details

Closed on
Mar 1, 2016
Sold by
Pennymac Loan Services Llc
Bought by
Secretary Of Housing And Urban Developme

Purchase Details

Closed on
Jan 26, 2016
Sold by
Samuel I White Pc A Professional Corpora and Bowyer Alvin
Bought by
Pennymac Loan Services Llc

Purchase Details

Listed on
Aug 9, 2013
Closed on
Dec 30, 2013
Sold by
Rill Robert J
Bought by
Bowyer Alvin
Seller's Agent
Philip Thornton
Long & Foster Real Estate, Inc.
Buyer's Agent
Susan Gloudeman
CENTURY 21 New Millennium
List Price
$299,900
Sold Price
$272,000
Premium/Discount to List
-$27,900
-9.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.65%
Original Mortgage
$267,073
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 19, 2013
Sold by
Professional Foreclosure Corp and Patterson Michael R
Bought by
Rill Robert J

Purchase Details

Closed on
Jun 29, 2004
Sold by
Washington Homes Inc
Bought by
Patterson Michael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,505
Interest Rate
6.3%
Mortgage Type
FHA
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
Fox James $289,900 Banner Title Company Of Va
Mormann Properties Llc $217,701 Banner Title Company Of Va
Secretary Of Housing And Urban Developme $256,650 Attorney
Pennymac Loan Services Llc $256,650 None Available
Bowyer Alvin $272,000 --
Rill Robert J $217,000 --
Patterson Michael R $261,563 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fox James $296,132
Previous Owner Bowyer Alvin $267,073
Previous Owner Patterson Michael R $257,505
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/29/2016 08/29/16 Sold $289,900 0.0% $102 / Sq Ft
07/29/2016 07/29/16 Pending -- -- --
07/25/2016 07/25/16 For Sale $289,900 +33.2% $102 / Sq Ft
05/23/2016 05/23/16 Sold $217,701 0.0% $59 / Sq Ft View Prior Sale
05/05/2016 05/05/16 Pending -- -- --
05/03/2016 05/03/16 Off Market $217,701 -- --
04/12/2016 04/12/16 For Sale $290,000 +6.6% $79 / Sq Ft
12/30/2013 12/30/13 Sold $272,000 +0.8% $82 / Sq Ft View Prior Sale
09/23/2013 09/23/13 Pending -- -- --
09/19/2013 09/19/13 Price Changed $269,900 -1.9% $82 / Sq Ft
09/10/2013 09/10/13 Price Changed $275,000 -5.1% $83 / Sq Ft
08/20/2013 08/20/13 Price Changed $289,900 -3.3% $88 / Sq Ft
08/09/2013 08/09/13 For Sale $299,900 -- $91 / 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 $2,454 $457,900 $100,100 $357,800
2023 $2,409 $457,900 $100,100 $357,800
2022 $2,006 $364,700 $81,200 $283,500
2021 $2,305 $364,700 $81,200 $283,500
2020 $2,039 $328,800 $70,600 $258,200
2019 $2,039 $328,800 $70,600 $258,200
2018 $2,092 $312,200 $67,200 $245,000
2017 $2,092 $312,200 $67,200 $245,000
2016 $1,775 $312,200 $67,200 $245,000
2015 $1,911 $261,800 $58,900 $202,900
2014 $1,201 $212,000 $45,000 $167,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002463480

Bright MLS

APN: 40-U-4-249