NOT LISTED FOR SALE

10016 Oakton Terrace Rd Oakton, VA 22124

Estimated Value: $298,000 - $386,000

1 Bed
1 Bath
826 Sq Ft
$247/mo HOA Fee

Last Sold November 02, 2020

Last sale price $295,000 $357 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,289/month

4 Days on Market

Highlights

  • Traditional Architecture
  • Community Pool
  • Ceiling Fan
  • Thoreau Middle School Rated A
  • Forced Air Heating and Cooling System
  • Dogs and Cats Allowed

About This Home

As of November 2020

Rarely available ground level Dorchester Model 1 bedroom and 1 bath at The Oakton, a cozy garden-style community in a great location! As the pictures confirm this entire condo has been COMPLETELY renovated from top to bottom with over $40,000 in improvements. The flooring throughout is a luxury vinyl wood plank in rich shades, which are easy to maintain as the product is waterproof. The textured ceilings were removed and BRAND NEW recessed lighting installed throughout and on dimmers. The bath was entirely gutted and now features a beautiful Carrara marble design in 12x24 porcelain tile, which is easier to maintain. The bathroom vanity and lighting are higher-end products and the faucets and hardware are the updated bronze finish. The designer kitchen is also fully updated with new flooring and BRAND NEW Shaker style cabinets, as well as NEW stainless steel appliances including gas range and microwave, which have never been used! The entire condo is like BRAND NEW and never used for the lucky buyers. All fresh flooring, throughout including the bath and shower so it is truly barefoot ready. The buyers will enjoy the spacious layout when visiting--large and airy living room with cozy wood-burning fireplace that opens into charming dining space with new feature chandelier. The condo offers terrific closet space for extra storage: entrance closet for coats, umbrellas, shoes, etc.; two closets in the laundry room; a good sized pantry plus new added cabinets in the kitchen; and large double size custom finished closet in the roomy bedroom. All the windows and the sliding glass doors have been replaced with thermal insulated glass. This condo also features a private outdoor terrace, which allows a terrific place to sit for morning coffee and to read in fresh air. The condo is also in a wonderful walkable community close to Oakton parks and Vienna Metro and bus lines. The Oakton neighborhood features a community pool and well-kept landscaping. Come see this like-new condo for a bargain price in the DMV metro. We are also gifting a Home Warranty with this sale for added security that the first year will be worry free. Open House this weekend!

Last Agent to Sell the Property

Greg W. Hudgins, MSOD

(703) 304-2535 greg@gwhudgins.com Century 21 Redwood Realty License #sp98379192 Listed on: 09/25/2020

Century 21 Redwood Realty

Last Buyer's Agent

Keri Shull

(703) 947-0991 accounts@kerishullteam.com EXP Realty, LLC License #618083

EXP Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,449

Year Built

  • Built in 1984 | Remodeled in 2020

Lot Details

  • 4,792

HOA Fees

  • $247 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Shingle Roof
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 826 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Wood Burning Fireplace
  • Screen For Fireplace

Kitchen

  • Stove
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Oakton Elementary School
  • Thoreau Middle School
  • Oakton High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 0483 40 0016

Community Details

Overview

  • Association fees include all ground fee, common area maintenance, lawn maintenance, pool(s)
  • Low-Rise Condominium
  • The Oakton Unit Owners Association Condos
  • The Oakton Subdivision, Dorchester Floorplan
  • Property Manager

Recreation

  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,449

Year Built

Built in 1984 | Remodeled in 2020

Lot Details

0

HOA Fees

$247 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-09-25
  • Year Built: 1984
  • Year Renovated: 2020
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dryer, Washer, Dishwasher, Disposal, Refrigerator, Icemaker, Stove
  • Entry Floor: 1
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace Features: Wood, Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 826
  • Living Area Sq Ft: 826
  • Price Per Sq Ft: 345.04
  • Above Grade Finished Sq Ft: 826
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding
  • Roof: Shingle, Composite
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 247.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: The Oakton Unit Owners Association
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Common Area Maintenance, Lawn Maintenance, Pool(s)
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: OAKTON
  • High School: OAKTON
  • Middle Or Junior School: THOREAU

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 166660.00
  • Land Assessed Value: 42000.00
  • Zoning: 220
  • In City Limits: No

Rental Info

  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 19289093
  • Tax Annual Amount: 2449.00
  • Assessor Parcel Number: 0483 40 0016
  • Tax Page Number: 483
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2020
Closed on
Nov 2, 2020
Sold by
Okane Megan E and Okane Matthew J
Bought by
Miller Judith B
Seller's Agent
Greg W. Hudgins, MSOD
Century 21 Redwood Realty
Buyer's Agent
Keri Shull
EXP Realty, LLC
List Price
$285,000
Sold Price
$295,000
Premium/Discount to List
$10,000
3.51%
Current Estimated Value
$334,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,112
Avg. Annual Appreciation
2.47%
Original Mortgage
$265,500
Outstanding Balance
$236,257
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$97,855

Purchase Details

Closed on
Jul 15, 2004
Sold by
Richards Daniel
Bought by
Okane Matthew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,480
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2003
Sold by
Tommerdahl Diane
Bought by
Richards Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.53%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Miller Judith B $295,000 Commonwealth Land Ttl Ins Co
Okane Matthew J $210,600 --
Richards Daniel $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Judith B $265,500
Previous Owner Okane Matthew J $168,480
Previous Owner Richards Daniel $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2020 11/02/20 Sold $295,000 +3.5% $357 / Sq Ft
09/30/2020 09/30/20 Pending -- -- --
09/25/2020 09/25/20 For Sale $285,000 -- $345 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,408 $302,980 $61,000 $241,980
2024 $3,408 $294,160 $59,000 $235,160
2023 $3,074 $272,370 $54,000 $218,370
2022 $3,115 $272,370 $54,000 $218,370
2021 $2,854 $243,190 $49,000 $194,190
2020 $2,469 $208,660 $42,000 $166,660
2019 $2,450 $207,000 $41,000 $166,000
2018 $2,249 $195,600 $39,000 $156,600
2017 $2,101 $181,000 $36,000 $145,000
2016 $2,402 $207,360 $41,000 $166,360
2015 $2,221 $199,000 $40,000 $159,000
2014 $2,042 $183,350 $37,000 $146,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAFX1157450

Bright MLS

APN: 0483-40-0016