Listing Details: Fauquier, Prince William and Fairfax County, Virginia Real Estate Listings & Homes For Sale Provided by Jonathan and MichelleThoburn

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7820 Sudley Road
Manassas, VA 20109

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Sale Pending - Large Colonial in Amissville on 2+Acres

$295,900 (571) 332-3842

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Front Exterior View

Address: 2325 Burlington Dr.	City/ST: Amissville, VA	Zip Code: 20106
Location: Amissville	Property Type: Single Family Home	New or Resale: Resale
Bedrooms: 5	Bathrooms: 3 full, 1 half	MLS# JCU7274499

Enjoy the spacious living, inside and out. Large Kitchen, Living Room with Stone Fireplace and french doors leading to your large rear deck with connecting screened in porch. 4 BR with extra bonus room over the garage. Fully finished basement with rec/bar area and another finished office/bedroom and bathroom. Subject to third party approval but could be well worth the wait.

Last Updated: 8/19/2010 6:27:51 PM

Listing Agent and Office: Janet Holden, Century 21 New Millennium

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Front Exterior View
Wooded View.Acreage
Screened-In Porch
Kitchen
Dining Room
Living Room
Recreation Room
Recreation Room 2
Fireplace
Entrance/Foyer
Master Bedroom
Master Bath

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Manassas Real Estate

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Tax Considerations >Your Tax Free Profits

Significant tax reform legislation was signed into law with the Taxpayer Relief Act of 1997. This legislation replaced both the one-time $125,000 tax-free exclusion for homeowners aged 55 and older, and the "rollover" deferment of capital gains tax requiring the purchase of a replacement home of higher or equal cost within two years of the sale of your principal residence.

With this change, a married couple filing their taxes jointly pays capital gains taxes only on that portion of home sales profits that exceeds $500,000. Single taxpayers, heads of households, and married persons filing separately may exclude up to $250,000. The exclusion is available for all sales of homes that occurred on or after May 6, 1997. Homeowners can use this tax-free provision every two years.

You are allowed to keep these tax-free profits only if you have owned and used the home as your principal residence for two out of the five years prior to the sale of the property. Although the regulations do not require continuous occupancy, the IRS specifies that your principal residence must be the home you use for the majority of time during the year. Consult your tax advisor about your personal circumstance.

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Q	Where in the United States will you find the largest concentration of million-dollar homes?
A	There are almost 314,000 million-dollar homes in the United States, and 41% of these are located in California.
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Jonathan and MichelleThoburn, REALTOR�, real estate agent and broker for Fauquier, Prince William and Fairfax County, Virginia home listings, property and land for sale - NUMBER1EXPERT

Jonathan and Michelle Thoburn
Keller Williams Realty
7820 Sudley Rd.
Manassas, VA 20109
Cell Phone: 571-332-3842
Voicemail: 540-212-3693
Fax: 571-222-8286
jonathanthoburn@NUMBER1EXPERT.com
Jonathan and Michelle Thoburn with Keller Williams Realty were both born and raised in Northern Virginia which gives them that intimate base of knowledge of the area that is so important to buyers. That grasp of the region coupled with their low pressure approach is why this husband and wife team are among the top Realtors in the area. Click on the "Click to Call" icon above to speak to them now!

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