NOT LISTED FOR SALE

1016 Ribbon Limestone Terrace SE Leesburg, VA 20175

Estimated Value: $546,111 - $567,000

3 Beds
2.5 Baths
1,694 Sq Ft
$328/Sq Ft Est. Value

Last Sold August 17, 2023

Last sale price $525,000 $310 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,532/month

3 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Community Playground
  • Heritage High School Rated A
  • 1 Car Attached Garage
  • Forced Air Heating System

About This Home

As of August 2023

Introducing an exquisite condo that effortlessly blends style and functionality. This townhouse-style gem spans two levels and offers the added convenience of a one-car garage. Step inside and be captivated by the spaciousness and comfort this home offers, with three well-appointed bedrooms and two and a half bathrooms to accommodate your lifestyle. Spanning an impressive 1694 square feet, the interior is bathed in natural light, creating an inviting and warm ambiance. The thoughtfully placed recessed lighting further enhances the overall brightness. The kitchen is a true culinary haven, boasting upgraded countertops and sleek stainless steel appliances that will please even the most discerning chef. Adding a touch of elegance, the main level is adorned with beautiful hardwood floors, further elevating the charm and sophistication of this remarkable condo. Location across street from Village at Leesburg shops, restaurants, CMX stadium seating movie theater and Wegman’s grocery store. Beautiful nature trail and playground on the property.

Last Agent to Sell the Property

Pam Bhamrah

(703) 627-1963 pam.bhamrah@redfin.com Redfin Corporation Listed on: 07/13/2023

Redfin Corporation

Last Buyer's Agent

Alfred Pham

(703) 409-8648 alfred.pham1@gmail.com EXP Realty, LLC

EXP Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,962

Year Built

  • Built in 2018

HOA Fees

  • $280 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Rear-Facing Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Slab Foundation
  • Masonry

Interior Spaces

  • 1,694 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Window Treatments

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Schools

  • Cool Spring Elementary School
  • Heritage High School

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 149273997005

Community Details

Overview

  • Association fees include common area maintenance, snow removal, trash, water, exterior building maintenance
  • Village Walk Homeowners Association Condos
  • Lofts At Village Walk Condo Community
  • Lofts At Village Walk Subdivision

Recreation

  • Community Playground

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,962

Year Built

Built in 2018

Lot Details

0

HOA Fees

$280 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-07-14
  • Year Built: 2018
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dryer, Washer, Dishwasher, Disposal, Refrigerator, Stove
  • Entry Floor: 1
  • Flooring Type: Hardwood, Carpet
  • Interior Amenities: Window Treatments
  • Fireplace: No
  • Foundation Details: Slab
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1694
  • Living Area Sq Ft: 1694
  • Price Per Sq Ft: 309.92
  • Above Grade Finished Sq Ft: 1694
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry, Combination
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Rear Entry, Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: 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: 280.45
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Village Walk Homeowners Association
  • HOA Condo Co-Op Amenities: Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Snow Removal, Trash, Water, Ext Bldg Maint
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: COOL SPRING
  • High School: HERITAGE

Lot Info

  • Zoning: LB:PRC
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Tax Annual Amount: 4962.00
  • Assessor Parcel Number: 149273997005
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: LOUDOUN COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2023
Closed on
Aug 14, 2023
Sold by
Carter Susan
Bought by
Patterson Robert Guy and Mutswiri Tafadzwa Regina
Seller's Agent
Pam Bhamrah
Redfin Corporation
Buyer's Agent
Alfred Pham
EXP Realty, LLC
List Price
$524,999
Sold Price
$525,000
Premium/Discount to List
$1
0.0%
Views
31
Current Estimated Value
$555,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,528
Avg. Annual Appreciation
2.49%
Original Mortgage
$515,490
Outstanding Balance
$502,730
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
$52,798

Purchase Details

Closed on
Jun 3, 2022
Sold by
Robert Elliott and Robert Jonathan
Bought by
Elliott Susan

Purchase Details

Closed on
Apr 11, 2019
Sold by
Lofts At Village Walk Condominium Develo
Bought by
Elliott Susan and Elliott Jonathan Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,990
Interest Rate
4.3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Patterson Robert Guy $525,000 Universal Title
Elliott Susan -- Graham Law Firm Pllc
Elliott Susan $414,990 Walker Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patterson Robert Guy $515,490
Previous Owner Elliott Susan $414,990
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2023 08/17/23 Sold $525,000 0.0% $310 / Sq Ft
07/16/2023 07/16/23 Pending -- -- --
07/13/2023 07/13/23 For Sale $524,999 -- $310 / 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 $4,066 $505,150 $160,000 $345,150
2024 $4,312 $498,460 $160,000 $338,460
2023 $4,068 $464,920 $160,000 $304,920
2022 $3,899 $438,140 $140,000 $298,140
2021 $3,930 $401,040 $130,000 $271,040
2020 $4,186 $404,430 $130,000 $274,430
2019 $4,139 $396,120 $120,000 $276,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VALO2053734

Bright MLS

APN: 149-27-3997-005