NOT LISTED FOR SALE

11500 Fairway Dr Unit 308 Reston, VA 20190

Lake Anne Neighborhood

Estimated Value: $650,000 - $750,000

3 Beds
2 Baths
2,320 Sq Ft
$297/Sq Ft Est. Value

Last Sold November 17, 2022

Last sale price $550,000 $237 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,389/month

About This Home

As of November 2022

Move right into one of THE original luxury condo buildings in the heart of Reston- Waterford Square. The largest unit in the building with 2,300 sq ft is newly painted, bathed in natural light and has a great screened balcony, perfect for getting your fill of the great outdoors.

Stretch out in the spacious living room featuring a decorative fireplace and engineered hardwood floors that continue into the dining room, setting the stage for ideal gatherings. Sliding glass doors to the balcony extend your living space. The generously spaced kitchen, adjacent to the dining room, has room to cook your favorite meal and sit at a bistro table and chairs. A versatile den awaits off the kitchen, adaptable to your preferences—whether a family room, den, or office space.

The primary suite offers access to the screened-in porch, a walk-in closet, and an ensuite bathroom with a dual-sink vanity, rejuvenating soaking tub and walk-in shower. Two additional well-sized bedrooms, all featuring new engineered hardwood floors, complement the living space. The second full bathroom features a shower/tub combo and a storage closet for all your essentials.

Extend your living space to the large screened-in porch, accessible from the living room, primary bedroom, and second bedroom. A reserved parking space in the garage and a spacious storage cage are included in the rent.

This location caters to diverse interests. Golf enthusiasts will appreciate the proximity to Hidden Creek Country Club and Reston National. Lake Anne Village Plaza is just 0.7 miles away or a quick trail stroll to the restaurants and shops. Commuters will find convenience with the Wiehle Metro and Reston Metro nearby. The Reston Internal Bus (RIBS) picks up from the building front, providing easy access to the metro, Reston Town Center, and various town stops.

Explore the new Wegmans which completed the desired grocery store trifecta in Reston of Trader Joe's and Whole Foods. Additional shopping and dining options at nearby Village Centers, Reston Town Center and newest attractions around the two Metro Stations will keep you busy for months . A Reston Association membership grants access to 15 pools and amenities. Please note that the fireplace is non-functional, and the lease term ranges from 12 to 36 months. Waterford Square is a no-pet building, with service animals being the exception. Don't miss the chance to make this unique piece of Reston history your home!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2022
Closed on
Nov 16, 2022
Sold by
Elaine B Schwartz Revocable Trust
Bought by
Brown Donald L and Ali-Brown Fatima
Seller's Agent
Jon Querolo
Samson Properties
Buyer's Agent
Yelena Jones
Samson Properties
List Price
$575,000
Sold Price
$550,000
Premium/Discount to List
-$25,000
-4.35%
Views
7
Current Estimated Value
$690,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,032
Avg. Annual Appreciation
9.58%
Original Mortgage
$472,017
Outstanding Balance
$459,694
Interest Rate
6.94%
Mortgage Type
VA
Estimated Equity
$230,338

Range of Values:

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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
Brown Donald L $550,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Donald L $472,017
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2024 04/16/24 Rented $3,500 0.0% --
03/15/2024 03/15/24 Price Changed $3,500 -2.8% $2 / Sq Ft
02/22/2024 02/22/24 Price Changed $3,600 -5.3% $2 / Sq Ft
12/15/2023 12/15/23 Price Changed $3,800 -5.0% $2 / Sq Ft
12/08/2023 12/08/23 Price Changed $4,000 -4.8% $2 / Sq Ft
11/24/2023 11/24/23 For Rent $4,200 0.0% --
11/17/2022 11/17/22 Sold $550,000 -4.3% $237 / Sq Ft
10/19/2022 10/19/22 Pending -- -- --
09/23/2022 09/23/22 For Sale $575,000 +4.5% $248 / Sq Ft
09/13/2022 09/13/22 Pending -- -- --
09/13/2022 09/13/22 Off Market $550,000 -- --
09/08/2022 09/08/22 For Sale $575,000 -- $248 / 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 $6,756 $560,440 $112,000 $448,440
2023 $6,459 $549,450 $110,000 $439,450
2022 $6,351 $533,450 $107,000 $426,450
2021 $6,321 $517,910 $104,000 $413,910
2020 $7,003 $569,130 $114,000 $455,130
2019 $7,003 $569,130 $113,000 $456,130
2018 $6,121 $532,290 $106,000 $426,290
2017 $6,124 $506,940 $101,000 $405,940
2016 $6,051 $501,920 $100,000 $401,920
2015 $5,611 $482,500 $97,000 $385,500
2014 $5,434 $468,270 $94,000 $374,270
Source: Public Records

Agents Affiliated with this Home

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