$480,984 - $508,000
RENTED MAY 24, 2024

11402B Gate Hill Place Unit 50 Reston, VA 20194

North Reston Neighborhood
2 Beds
2 Baths
1,040 Sq Ft
$476 Price per Sq Ft

Last Sold June 23, 2023

Last sale price $480,000 $462 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,023/month

About This Home

As of June 2023

Don't miss this fantastic rental opportunity for a garage condo in North Reston! This unit offers vaulted ceilings and no neighbors above or below, ensuring privacy and quiet living. Enjoy serene landscaped views from most rooms and gleaming hardwood floors throughout. The updated kitchen features new appliances, granite countertops, and a cozy fireplace, creating a welcoming open-concept space. The primary bedroom includes balcony access, a walk-in closet, and an ensuite bathroom with a new vanity and quartz countertops. With a split floor plan offering a second bedroom, in-unit laundry, and a second full bathroom, this condo provides comfortable living arrangements. Additionally, benefit from a private garage with extra driveway parking and open community parking. HVAC replaced in 2020 and a newer hot water heater ensure worry-free living. --------------------------------------------------------------------------------------------------------------------------------------------All Richey Property Management residents must enroll in and purchase a Resident Benefits Package which includes liability insurance, credit building to help boost the resident’s credit score with timely rent payments, up to $1M Identity Theft Protection, HVAC air filter delivery (for applicable properties), move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, and much more! More details and options provided upon application.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2023
Closed on
Jun 22, 2023
Sold by
Wood Colin B
Bought by
Benner Frank and Benner Savanna
Seller's Agent
Katie Covey
Long & Foster Real Estate, Inc.
Buyer's Agent
Andrea Hayes
Samson Properties
List Price
$449,000
Sold Price
$480,000
Premium/Discount to List
$31,000
6.9%
Views
39
Current Estimated Value
$494,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,996
Avg. Annual Appreciation
1.66%
Original Mortgage
$460,000
Outstanding Balance
$450,517
Interest Rate
6.35%
Mortgage Type
VA
Estimated Equity
$44,479

Purchase Details

Listed on
Apr 10, 2022
Closed on
May 23, 2022
Sold by
Pillai Shanmugam S and Pillai Vasanthi
Bought by
Wood Colin B
Seller's Agent
Lisa Smith
Pearson Smith Realty, LLC
Buyer's Agent
Katie Covey
Long & Foster Real Estate, Inc.
List Price
$429,900
Sold Price
$435,000
Premium/Discount to List
$5,100
1.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.73%
Original Mortgage
$396,981
Interest Rate
5.25%
Mortgage Type
Balloon

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Benner Frank $470,000 First American Title
Wood Colin B -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benner Frank $460,000
Previous Owner Wood Colin B $396,981
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2024 05/24/24 Rented $2,600 0.0% --
05/03/2024 05/03/24 For Rent $2,600 0.0% --
06/23/2023 06/23/23 Sold $480,000 +6.9% $462 / Sq Ft
05/25/2023 05/25/23 For Sale $449,000 +3.2% $432 / Sq Ft
05/31/2022 05/31/22 Sold $435,000 +1.2% $418 / Sq Ft
04/19/2022 04/19/22 Pending -- -- --
04/10/2022 04/10/22 For Sale $429,900 -- $413 / Sq Ft

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
2024 $4,746 $393,700 $79,000 $314,700
2023 $4,628 $393,700 $79,000 $314,700
2022 $3,828 $334,780 $67,000 $267,780
2021 $3,929 $321,900 $64,000 $257,900
2020 $3,883 $315,590 $63,000 $252,590
2019 $1,905 $309,560 $58,000 $251,560
2018 $3,358 $292,040 $58,000 $234,040
2017 $3,835 $317,440 $63,000 $254,440
2016 $3,827 $317,440 $63,000 $254,440
2015 $3,692 $317,440 $63,000 $254,440
2014 $3,542 $305,230 $61,000 $244,230
Source: Public Records

Agents Affiliated with this Home

  • Bill Cahill

    Seller's Agent in 2024

    Bill Cahill

    Richey Real Estate Services

    (571) 214-0125

    11 Total Sales

    Bill Cahill
    Section Image
  • Minetta Minor

    Buyer's Agent in 2024

    Minetta Minor

    Long & Foster

    (703) 772-6497

    Minetta Minor
    Section Image
  • Katie Covey

    Seller's Agent in 2023

    Katie Covey

    Long & Foster

    (904) 625-7857

    3 in this area

    79 Total Sales

    Katie Covey
    Section Image
  • Andrea Hayes

    Buyer's Agent in 2023

    Andrea Hayes

    Samson Properties

    (571) 384-8752

    2 in this area

    199 Total Sales

    Andrea Hayes
    Section Image
  • Lisa Smith

    Seller's Agent in 2022

    Lisa Smith

    Pearson Smith Realty, LLC

    (703) 987-0056

    2 in this area

    209 Total Sales

    Lisa Smith
    Section Image
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Map

Virginia Fairfax County Reston 20194 North Reston

11402B Gate Hill Place Unit 50, Reston, VA

Homes for Sale in Reston, VA

This home is located at 11402B Gate Hill Place Unit 50, Reston, VA 20194 and is currently estimated at $494,996, approximately $475 per square foot. 11402B Gate Hill Place Unit 50 is a home located in Fairfax County with nearby schools including Aldrin Elementary, Herndon Middle School, and Herndon High School.

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