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Backup Offers

16042 Madison Ridge Pl, Gainesville, VA, 20155

$575,000

Home List Price

$6,828*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
2,322 SqFt
$248/SqFt
Townhouse

Location

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16042 Madison Ridge Pl, Gainesville$575,000

Buyer Closing Credits

$6,828*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingGarage - Front Entry, Attached Garage
Garage2 spaces
Year Built2018
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #VAPW2082286
Lot Size0.03 Acres
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 16042 Madison Ridge Pl

**ACCEPTING BACKUP OFFERS** Welcome to this stunning 3-level townhouse in the desirable Madison Crescent community! This spacious home offers 4 generously sized bedrooms, 4 bathrooms, and a convenient two-car rear-load garage. At the heart of the home is a chef’s kitchen with a sleek double oven, island workspace, and seamless flow into a sunlit family room, where a three-sided fireplace adds warmth and charm. Modern finishes, including a neutral color palette, hand-scraped flooring, and abundant natural light, create a sophisticated, welcoming atmosphere. The primary suite is a serene retreat, complete with a walk-in closet and en-suite bathroom. Step out onto the deck to enjoy peaceful mornings or relaxing evenings. Madison Crescent offers unbeatable convenience with its community courtyard, playground, nearby shopping, dining, and scenic trails just steps away. Located off Route 29 and minutes from I-66, this townhouse perfectly blends luxury and accessibility—don’t miss your chance to make it your own!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 2018
  • Stories: 3
  • Living Area: 2,322 SqFt

Listing Office:

  • Office Name: Keller Williams Chantilly Ventures
  • Office Phone: (571) 235-0129
  • Listing Agent: Sarah A. Reynolds

Interior Features

Interior Information:

  • Appliances: Microwave, Dryer, Washer, Cooktop, Dishwasher, Disposal, Refrigerator, Ice Maker, Oven
  • Basement: Yes
  • Interior: Recessed Lighting, Ceiling Fan(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Garage - Front Entry, Attached Garage

Lot Features

Lot Information:

  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Follow I-66 W. Take exit 31 from I-66 W Turn right onto VA-245 N/Old Tavern Rd Continue to follow VA-245 N Turn right onto VA-55 E/Main St Turn right onto Thoroughfare Rd Turn right onto US-15 S Drive to Madison Ridge Place in Gainesville

Price Information

Listing Price Info

Price Summary:

  • List Price: $575,000
  • Price Per SqFt: $248/SqFt

HOA Fees:

  • Amount: $199
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $5,368
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Gainesville, VA.

Med. Sold Price

$640.1K

Med. Price/SqFt

$257

Avg. Days On Market

24

# of Sold Homes

85

16042 Madison Ridge Pl vs Gainesville

51 DAYS ON ROCKET

+27 Days

$575,000

-$65.1K Less

$248/SqFt

-$9 Less

KEY TAKEAWAY

This property is $65.1K less than the Median Sold Price and $9/SqFt less than other homes in Gainesville, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #VAPW2082286

Listing Office:

  • Office Name: Keller Williams Chantilly Ventures
  • Office Phone: (571) 235-0129
  • Listing Agent: Sarah A. Reynolds

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 11:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 18, 2018Home Sold
$383,572

Tax History

YEARPROP. TAXASSESSMENT
2021$5,368$416,200
2020$6,451$416,200
2019$5,787$373,400
2018$1,499$96,700
2017$1,243$103,000

History based on county public records data.

Payment Calculator

$3,136

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,790

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-821463
8
/10
  • Haymarket Elementary School

  • 15500 Learning Ln

  • 1.66 miles

  • Public District Grades KG-5

school-card-donut-821464
7
/10
  • Buckland Mills Elementary School

  • 10511 Wharfdale Pl

  • 1.83 miles

  • Public Magnet Grades PK-5

school-card-donut-821465
7
/10
  • C. Hunter Ritchie Elementary School

  • 4416 Broad Run Church Rd

  • 2.31 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $111,596. Residents of Gainesville, VA typically earn between $100k-200k each year. The majority of families are married, with kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Living In Gainesville, VA

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Gainesville, VA?

Gainesville's housing market is diverse, offering a range of options from spacious single-family homes to convenient townhouses and apartments. The architectural styles vary, with a mix of colonial, ranch, and contemporary designs prevalent throughout the area. A significant portion of the housing stock was built during the housing expansion of the late 1990s and early 2000s. The homeownership rate in Gainesville is high, with a substantial majority of residents owning their homes, reflecting a stable and invested community.

Is Gainesville, VA a good place to live?

Gainesville is known for its suburban charm and community-oriented atmosphere. The area prides itself on a blend of historical sites and modern conveniences, providing a sense of continuity with the past while accommodating contemporary lifestyles. Seasonal events and local farmers' markets are central to Gainesville's community life, fostering a sense of togetherness and local pride among residents.

Are things conveniently located in Gainesville, VA?

The community is served by a number of public schools, offering educational opportunities from elementary through high school levels, as well as private educational institutions that cater to a variety of learning preferences. Healthcare services are accessible, with clinics and a hospital that provide a range of medical services. Gainesville also features a public library, contributing to the educational resources of the community. Retail and dining options are plentiful, with both local and national brands represented, reflecting the area's growing and diverse population.

What does the transportation in Gainesville, VA look like?

Transportation in Gainesville includes a network of major roads and highways that connect residents to the wider region, facilitating commutes to employment centers and nearby cities. Public transportation options are available, providing connectivity within Gainesville and to adjacent areas. The community is also served by various ride-sharing options, enhancing mobility for those without private vehicles. While some areas of Gainesville are more walkable than others, efforts have been made to improve pedestrian and bicycle infrastructure to promote a more active and sustainable lifestyle.

Frequently Asked Questions About 16042 Madison Ridge Pl

What is the listing price of this property?

The listing price of 16042 Madison Ridge Pl property is $575,000.

What type of property is this?

The property 16042 Madison Ridge Pl is a townhouse located in Gainesville, Virginia, 20155.

Is this property for sale now?

Accepting Backup Offers: 16042 Madison Ridge Pl is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,368 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 18, 2018 for $383,572. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 16042 Madison Ridge Pl has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 16042 Madison Ridge Pl is 2,322 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 16042 Madison Ridge Pl is 2018.

Rocket HomesVirginiaPrince William CountyGainesville2015516042 Madison Ridge Pl

This home is located at 16042 Madison Ridge Pl in Gainesville, VA and zip code 20155. This 2,322 square foot home, which was built in 2018, sits on a 0.03 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 31, 2024 and is currently priced at $575,000.

In November 2024, from all listings sold in Gainesville, VA there were more than 30 sold above asking price, over 28 sold below and more than 27 were sold right at the asked price. The number of listings in Gainesville, VA decreased by 7.2% between October 2024 and November 2024. While the average time on the market in November 2024 was 24 days, the median list price was $640,152.

From Rocket Homes Real Estate and based on county public records data.

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