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Sale Pending

73 Institute Ln, Warrenton, VA, 20186

$360,000

Home List Price

$4,275*

Closing Credit

2 Bedrooms
3 Full Baths
2,024 SqFt
$178/SqFt
Townhouse
Schools Nearby

Location

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73 Institute Ln, Warrenton$360,000

Buyer Closing Credits

$4,275*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
Year Built1975
HeatingElectric
CoolingCentral Air
BasementYes
FireplaceGas, Two
MLS #VAFQ2012318
StatusSale Pending

About 73 Institute Ln

If historic downtown Warrenton is your destination of choice, then look no further than this adorable and affordable 2BR/3Bath end unit home in Leed's Square which comes with two deeded parking spaces. Live an active lifestyle? You'll be delighted to find this home is located directly adjacent to the community's tennis/pickle ball courts. The complex also features a community pool and direct access to the Warrenton Greenway which is part of a large scale connector trail system. The local dog park is also just a short walk from the property! Grab your coffee and exit through the rear sliding glass door then spend the morning on the patio enjoying the sounds of nature. At the end of a busy day walk to one of Warrenton's breweries, cideries or gourmet dining establishments. Want fresh locally sourced products for meal prep? The seasonal farmer's market is just up the street within walking distance as well. Yes! You can have it all! Convenience, comfort, safety and affordability! Let's get you home to 73 Institute Ln. Warrenton, VA.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1975
  • Stories: 1
  • Living Area: 2,024 SqFt

Listing Office:

  • Office Name: CENTURY 21 New Millennium
  • Listing Agent: Daniel Beaver

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: Gas, Two

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Fauquier High School, Public District Grades 9-12
  • W. C. Taylor Middle School, Public District Grades 6-8
  • James G. Brumfield Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From points North; 29S to Meetze Rd exit Warrenton. Turn right at end of exit. Proceed through stop sign onto E Lee St. Turn left on Institute. 73 Institute is on the left immediately past tennis court

Price Information

Listing Price Info

Price Summary:

  • List Price: $360,000
  • Price Per SqFt: $178/SqFt

Tax Information:

  • Annual Amount: $2,340
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$645K

Med. Price/SqFt

$220

Avg. Days On Market

25

# of Sold Homes

53

73 Institute Ln vs Warrenton

6 DAYS ON ROCKET

-19 Days

$360,000

-$285K Less

$178/SqFt

-$43 Less

KEY TAKEAWAY

This property is $285K less than the Median Sold Price and $43/SqFt less than other homes in Warrenton, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #VAFQ2012318

Listing Office:

  • Office Name: CENTURY 21 New Millennium
  • Listing Agent: Daniel Beaver

IDX Information is provided by Charlottesville Area Association of Realtors®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user.

Copyright © 2024 Charlottesville Area Association of Realtors®. 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: 5/22/2024, 9:20:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,340$235,400
2020$2,339$235,400
2019$2,311$235,400
2018$2,312$235,400
2017$1,889$181,800

History based on county public records data.

Payment Calculator

$1,864

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,146

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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.

Elementary School

school-card-donut-6048528
4
/10
  • James G. Brumfield Elementary School

  • 550 Alwington Blvd

  • 0.62 miles

  • Public District Grades PK-5

Middle School

school-card-donut-6048529
3
/10
  • W. C. Taylor Middle School

  • 350 E Shirley Ave

  • 0.58 miles

  • Public District Grades 6-8

High School

school-card-donut-6048530
7
/10
  • Fauquier High School

  • 705 Waterloo Rd

  • 1.46 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $65,893. Typical income of Warrenton, VA residents is between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 73 Institute Ln

What is the listing price of this property?

The listing price of 73 Institute Ln property is $360,000.

What type of property is this?

The property 73 Institute Ln is a townhouse located in Warrenton, Virginia, 20186.

Is this property for sale now?

Sale Pending: 73 Institute Ln is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 73 Institute Ln are:
James G. Brumfield Elementary School: GreatSchools Rating 4/10
W. C. Taylor Middle School: GreatSchools Rating 3/10
Fauquier High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,340 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 73 Institute Ln has 2 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 73 Institute Ln is 2,024 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 73 Institute Ln is 1975.

Rocket HomesVirginiaFauquier CountyWarrenton2018673 Institute Ln

This home is located at 73 Institute Ln in Warrenton, VA and zip code 20186. This 2,024 square foot home was built in 1975. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 16, 2024 and is currently priced at $360,000.

While more than 35 listings in Warrenton, VA in April 2024 were sold above asking price, there were more than 10 listings sold at asking price, and more than 8 were sold below. The inventory of homes for sale in Warrenton, VA between March 2024 and April 2024 increased by 10.8%. The median list price of listings available in April 2024 was $645,000, while the average time on the real estate market was 25 days.

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

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