Neighborhood
18049 Possum Point Rd, Dumfries, VA 22026
3 beds · 3 baths · 2,852 sq ft · Lot: 20,669 sq ft · Single Family Home · Last Sold: $320K in 2015 · Built: 1984
Est. Value:
$556K
Est. Rent:
$2.9K/month

18049 Possum Point Rd Dumfries, VA 22026

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3 beds · 3 baths · 2,852 sq ft · Lot Size: 20,669 sq ft · Single Family Home · Cherry Hill
Est. Property Value: $556,137

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18049 Possum Point Rd is in the Cherry Hill neighborhood of Dumfries, VA. It is located in Prince William County and ZIP code 22026. This Single Family Home was built in 1984 and is approximately 41 years old. The single family home spans 2852 sq ft with 3 bedrooms and 3 bathrooms and sits on a 20669 sq ft lot. According to public records, it was last sold in 2015 for $319,900 and has a tax-assessed value of $463,900, which is $195 per sq ft. The Cherry Hill area of Dumfries has 2035 residential homes with an average size of 2053 sq ft. Analyze and compare real estate investment strategies for properties like this home at 18049 Possum Point Rd Dumfries, VA 22026 with Property Intel by Whitepages.

Investment Potential for 18049 Possum Point Rd

The property has a current estimated value of $556,137, which is 11% above the neighborhood median, based on public records. It last sold on August 07, 2015 for $320K. Projected long-term
is $34,800 annually ($2,900 per month) with a 95% occupancy rate.

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Long-Term

Gross Rental
$34,800 per year($2,900 per month)
Net Operating Income
Cap Rate
Occupancy Rate
95%in 22026 zip code
 
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Owners & Occupancy for 18049 Possum Point Rd

This property is owned by Cynthia Ellyn Mink. Owner contact information includes 8 phone numbers and 4 email addresses.

Property Owners

Cell Phone(540) ***-****View Cell Phone
Residence************
Landline(910) 325-6129
Distance from Property**********
Email Address*******@yahoo.com.phView Email

Property Ownership Information

Purchase DateAugust 07, 2015
Property Tax Amount$4,827 in 2023
Purchase Price$319,900

Occupancy

Current Occupancy*****View Occupancy
Resident 1****************** age 56
Resident 2***************
Resident 3****************** age 32
Resident 4********************
Resident 5****************** age 73
Resident 6******************** age 29
Resident 7***************

Property Details for 18049 Possum Point Rd

Property Details

Property Sq Ft

Living Area

2,852 sq ft

39% above market

Lot Size

20,669 sq ft

872% above market

Price Per Sq Ft

Living Area

$195 / sq ft

16% below market

Lot Size Area

$27 / sq ft

88% below market

Property condition, age, exterior, etc. for 18049 Poss…
Longitude: -77.304621 Latitude: 38.560285 Parcel Number (APN): 8288-49-7332…
Mortgage originated on through lender: First Svgs Mtg Corp for$******View Mortgage Details
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Market Benchmarks

Compare data for 18049 Possum Point Rd in Prince William County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$556,137
$325,911
$230,226 (71%)
$480,480
$316,460 (66%)
YoY Price Change
2.23%
48%
Year Built
1984
1981
3 years
Living Space
2,852 sq ft
1,583 sq ft
1269 (80%)
$ Per Living Sq Ft
$195
$201
-$6 (-3%)
Lot Size
20,669 sq ft
13,939 sq ft
6730 (48%)
$ Per Lot Sq Ft
$27
$33
-$6 (-17%)

Net Operating Income
$21,817
-$535 (-2%)
Annual Revenue
$34,800
$30,000
$4,800 (16%)
$7,797
$5,721 (73%)
Net Operating Income
$21,817
-$535 (-2%)
Cap Rate
6.36%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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