Call listing agent, Christine to show - Prime Location in Gainesville consisting of 6.57 acres with frontage on Rt 15 within minutes of town of Haymarket and Wegmans at Stonewall Shops. The existing zoning is A-1 Agricultural with the potential for rezoning to higher density or commercial possible. Many possibilities for this easily accessible property.
Property Details
Property Features
Listing Office:
Office Name: Washington Street Realty LLC
Office Phone: (571) 222-7344
Listing Agent: Christine M White
Exterior Features
Exterior Information:
View: Trees/Woods
Lot Features
Lot Information:
Lot: Trees
Lot Size: 6.57 Acres
Other
Directions Information:
Directions: RT66 West to Rt15 South. Property is approximately 2 miles South on the left
Price Information
Listing Price Info
Price Summary:
List Price: $950,000
Tax Information:
Annual Amount: $2,135
Tax Year: 2021
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.
This property is $309.8K 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: #VAPW2071576
Listing Office:
Office Name: Washington Street Realty LLC
Office Phone: (571) 222-7344
Listing Agent: Christine M White
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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$4,809
Per Month
Principal & Interest
$4,742
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,915
Powered By
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Haymarket Elementary School
15500 Learning Ln
Distance between this listing and this school1.24 miles
Public District Grades KG-5
7
/10
Buckland Mills Elementary School
10511 Wharfdale Pl
Distance between this listing and this school1.68 miles
Public Magnet Grades PK-5
7
/10
Tyler Elementary School
14500 John Marshall Hwy
Distance between this listing and this school2.57 miles
Public Magnet Grades PK-5
Nearby Schools
7
/10
Ronald Wilson Reagan Middle School
15801 Tanning House Pl
Distance between this listing and this school3.66 miles
Public Magnet Grades 6-8
7
/10
Gainesville Middle School
8001 Limestone Dr
Distance between this listing and this school3.78 miles
Public District Grades 6-8
5
/10
Bull Run Middle School
6308 Catharpin Rd
Distance between this listing and this school3.94 miles
Public District Grades 6-8
Nearby Schools
6
/10
Gainesville High School
13150 University Blvd
Distance between this listing and this school4.02 miles
Public District Grades 9-12
8
/10
Battlefield High School
15000 Graduation Dr
Distance between this listing and this school4.12 miles
Public Magnet Grades 9-12
7
/10
Kettle Run High School
7403 Academic Ave
Distance between this listing and this school4.27 miles
The neighbors living near this home have an average income of $129,167. The most common annual income of people living in Gainesville, VA is between $100k-200k. The majority of families are married, with kids. Most 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 7509 James Madison Hwy
What is the listing price of this property?
The listing price of 7509 James Madison Hwy property is $950,000.
What type of property is this?
The property 7509 James Madison Hwy is land located in Gainesville, Virginia, 20155.
Is this property for sale now?
Active Listing: 7509 James Madison Hwy is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $2,135 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on May 14, 2004 for $300,000. (source: MLS/tax record).
How much acreage is this property?
The property 7509 James Madison Hwy is 6.57 acres.
Interested in 7509 James Madison Hwy? Let's connect.
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.
This home is located at 7509 James Madison Hwy in Gainesville, VA and zip code 20155. This home sits on a 6.57 acre lot. It has been listed on Rocket Homes since May 21, 2024 and is currently priced at $950,000.
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. The number of listings in Gainesville, VA decreased by 7.2% between October 2024 and November 2024. Listings spent 24 days on the market in November 2024, and had a median list price of $640,152 during the same period.
From Rocket Homes Real Estate and based on county public records data.