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16020 Madison Ridge Pl

Gainesville, VA 20155

3 bd 4 ba 2,322 sqft Built 2018 Lot 1,538 sqft townhomes
Most recent sale
$550,000
Mar 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 29, 2022 Sold $550,000 Public Record
Feb 17, 2022 Listed $550,000 MLS #VAPW2019858
Jun 29, 2018 Sold $430,085 Public Record
Apr 5, 2018 Listing removed $407,965 BrightMLS
Jan 20, 2018 Listed $407,965 MLS #1004658441
Jul 3, 2017 Listing removed $359,990 MRIS
Jun 23, 2017 Listed $359,990 MLS #PW9986714

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $433,800 $154,700 $588,500 $5,770
2024 $426,600 $151,200 $577,800 $5,746
2023 $407,500 $144,100 $551,600 $5,739
2022 $386,000 $132,000 $518,000 $4,429
2021 $337,800 $110,800 $448,600 $5,402
2020 $318,400 $105,300 $423,700 $6,567
2019 $280,800 $98,700 $379,500 $5,882
2018 $96,700 $96,700 $1,499
2017 $103,100 $103,100 $1,244
2016 $39,500 $39,500 $472

Property facts

Year built
2018
Property type
townhomes
Stories
4
Beds
3
Baths
4
Living area
2,322 sqft
Lot size
1,538 sqft
ZIP code
20155
City
Gainesville
Street
Madison Ridge Pl
Coordinates
38.78545, -77.66517

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,483
Gross rental yield
7.60%
Implied cap rate
4.94%
Trend-extrapolated value

Frequently asked questions

When did 16020 Madison Ridge Pl last sell?
16020 Madison Ridge Pl most recently sold on Mar 29, 2022 for $550,000.
What is the current tax assessment for 16020 Madison Ridge Pl?
The most recent total assessment for 16020 Madison Ridge Pl (year 2025) is $588,500 with $5,770 in property tax.
How does 16020 Madison Ridge Pl's assessment compare to its last sale price?
The current assessment is 7.0% above the last sale price of $550,000.
When was 16020 Madison Ridge Pl built?
16020 Madison Ridge Pl was built in 2018.
How does 16020 Madison Ridge Pl compare to others on Madison Ridge Pl?
We track 8 other properties on Madison Ridge Pl. Browse the list under "Other properties on Madison Ridge Pl" to compare beds, baths, and sale history.
What are the property facts for 16020 Madison Ridge Pl?
16020 Madison Ridge Pl is a 3 bed, 4 bath, 2,322 sqft, 1,538 sqft lot townhomes.
Is 16020 Madison Ridge Pl a flip candidate?
No — 16020 Madison Ridge Pl does not appear in our flips dataset.
Is 16020 Madison Ridge Pl a tax-appeal candidate?
No — 16020 Madison Ridge Pl is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.6%
Implied 1-yr
+14.5%
2026 Q3
$966.7K
2026 Q4
$995.1K
ZIP 20155 — Median Price History + Forecast

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