6 months on rocket

Backup Offers

7503 James Madison Hwy, Gainesville, VA, 20155

$1,060,800

6.24 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Land
MLS #VAPW2072828
Lot Size6.24 Acres
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 7503 James Madison Hwy

6.24 AC of Raw Land along James Madison Hwy (Rt 15). SUP exists for Religious Institution and Related Facilities. See attachments. Seller has engineering studies available. Please consult county records and offices for specific questions about development and uses. Plat also in attachments.

Property Details

Property Features

Listing Office:

  • Office Name: Keller Williams Realty/Lee Beaver & Assoc.
  • Office Phone: (703) 330-2222
  • Listing Agent: Edward A. Martin

Lot Features

Lot Information:

  • Lot Size: 6.24 Acres

Other

Directions Information:

  • Directions: From I-66 take Rt 15 South. Go past Rt 55, and past Thoroughfare Rd. Property is directly across from the intersection of Roland Park Pl. Property is heavily wooded raw land on the East Side (Left Side as you travel Southbound ) of Rt 15.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,060,800

Tax Information:

  • Annual Amount: $2,080
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

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

7503 James Madison Hwy vs Gainesville

194 DAYS ON ROCKET

+170 Days

$1,060,800

+$420.6K More

KEY TAKEAWAY

This property is $420.6K more than the Median Sold Price in Gainesville, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #VAPW2072828

Listing Office:

  • Office Name: Keller Williams Realty/Lee Beaver & Assoc.
  • Office Phone: (703) 330-2222
  • Listing Agent: Edward A. Martin

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: 12/17/2024, 11:20:56 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 02, 2018Home Sold
$299,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,080$173,700
2020$2,692$173,700
2019$2,692$173,700
2018$2,692$173,700
2017$2,096$173,700

History based on county public records data.

Payment Calculator

$5,362

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,247

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

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-4255783
8
/10
  • Haymarket Elementary School

  • 15500 Learning Ln

  • 1.24 miles

  • Public District Grades KG-5

school-card-donut-4255784
7
/10
  • Buckland Mills Elementary School

  • 10511 Wharfdale Pl

  • 1.68 miles

  • Public Magnet Grades PK-5

school-card-donut-4255785
7
/10
  • Tyler Elementary School

  • 14500 John Marshall Hwy

  • 2.57 miles

  • Public Magnet Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $129,167. The majority of Gainesville, VA residents have income between $100k-200k annually. The majority of families are married, with kids. The majority of residents in this area have post secondary degree 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 are the common housing types 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.

What are the advantages of living in Gainesville, VA?

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 essential services in Gainesville, VA convenient?

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.

How do Gainesville, VA residents get around?

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 7503 James Madison Hwy

What is the listing price of this property?

The listing price of 7503 James Madison Hwy property is $1,060,800.

What type of property is this?

The property 7503 James Madison Hwy is land located in Gainesville, Virginia, 20155.

Is this property for sale now?

Accepting Backup Offers: 7503 James Madison Hwy 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 $2,080 (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 2, 2018 for $299,000. (source: MLS/tax record).

How much acreage is this property?

The property 7503 James Madison Hwy is 6.24 acres.
Rocket Homes logo

Interested in 7503 James Madison Hwy? Let's connect.

Let Us Contact You

By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.


Rocket HomesVirginiaPrince William CountyGainesville201557503 James Madison Hwy

This home is located at 7503 James Madison Hwy in Gainesville, VA and zip code 20155. This home sits on a 6.24 acre lot. It has been listed on Rocket Homes since June 06, 2024 and is currently priced at $1,060,800.

Over 30 listings were sold over their listed price in November 2024 in Gainesville, VA. In the same period over 28 listings were sold below the listed price and 27 listings were sold for the listed price. In November 2024 in Gainesville, VA there were 7.2% less homes for sale than in October 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.

More Resources