1313 Northgate Square Reston, VA 20190
Lake Anne Neighborhood
4
Beds
2.5
Baths
1,577
Sq Ft
$103/mo
HOA Fee
Highlights
- Traditional Architecture
- Community Pool
- 4-minute walk to Lake Anne Recreation Area
- Langston Hughes Middle School Rated A-
- Central Heating and Cooling System
About This Home
As of December 2024SOLD AT $432,500 **** $82,500 over LIST PRICE *** MULTIPLE OFFERS RECEIVED**** INVESTORS' DREAM! LOCATION! LOCATION! LOCATION! Introducing a unique investment opportunity in the vibrant community of Reston, Virginia. This RARE FIND is a 3-level townhome offering an expansive 1,577 square feet of living space that includes 4 bedrooms and 2.5 baths. Built in 1970, the property is presented STRICTLY AS IS and is ready for a comprehensive renovation, making it an ideal project for investors looking to capitalize on the potential of a prime real estate location. **** OFFER DEADLINE MONDAY, 4/8 AT 2PM****
The first floor welcomes you with both front and sliding doors, leading into a spacious living area that seamlessly connects to the dining room, offering ample space for entertaining and everyday living. The kitchen, while in need of a full update, presents a blank canvas for a modern makeover. Additionally, a half bath and laundry area adds to the layout of the ground level.
The second floor houses 3 well-proportioned bedrooms, accompanied by a full bath that, like the rest of the home, is awaiting a complete renovation. 2nd bedroom on this level has a spacious walk in closet. Ascending to the third floor reveals the primary bedroom suite, an exclusive retreat featuring its own full bath and walk in closet, both of which are waiting for transformation into a luxurious haven.
Beyond the sought after interior, the property has a sizable front and back yards, a feature that is highly desirable in this neighborhood and adds significant appeal to outdoor living enthusiasts. These outdoor spaces offer a wealth of opportunities for landscaping and creating inviting exterior living areas that enhance the overall value of the property.
Situated within the Reston Association, residents benefit from access to a myriad of amenities that enrich the living experience. These include pools, tennis courts, walking paths, and more, ensuring a lifestyle that balances relaxation and activity. The townhome's location further elevates its appeal, with proximity to Lake Anne for those who enjoy recreational activities amidst natural beauty. Additionally, easy access to major highways and the presence of big companies nearby underscore the convenience and economic vitality of the area.
This townhome stands as a testament to the potential that awaits within Reston's dynamic community. It offers an exceptional opportunity for investors to create value through renovation, in a location where the demand for modernized living spaces is high. PRICED WELL BELOW MARKET VALUE to reflect the need for updates, a lucrative return on investment for those ready to embark on a transformative project. With its combination of spacious interiors, desirable outdoor spaces, and a prime location within a community rich in amenities and convenience, this is an investment opportunity not to be missed.
QUARTERLY HOA: $309; YEARLY RESTON ASSOCIATION FEE: $817. This will go fast, call agent today for a private showing.
Last Agent to Sell the Property
Long & Foster Real Estate, Inc. License #0225224813 Listed on: 04/05/2024
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $4,967
Year Built
- Built in 1970
Lot Details
- 1,400 Sq Ft Lot
HOA Fees
- $103 Monthly HOA Fees
Home Design
- Traditional Architecture
Interior Spaces
- 1,577 Sq Ft Home
- Property has 3 Levels
Bedrooms and Bathrooms
- 4 Bedrooms
Parking
- Assigned parking located at #D20
- On-Street Parking
- 1 Assigned Parking Space
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Public Septic
Listing and Financial Details
- Tax Lot 50
- Assessor Parcel Number 0114 02090050
Community Details
Overview
- $817 Recreation Fee
- Northgate Square Cluster Associat/ Sentry Mngmt HOA
- Northgate Square Subdivision
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 9, 2024
Closed on
Dec 3, 2024
Sold by
Favagehi Taraneh
Bought by
Cruse Samuel W and Ruiz Haley E
Seller's Agent
Cameron Salemi
Long & Foster Real Estate, Inc.
Buyer's Agent
Nikki Ryan
Real Broker, LLC
List Price
$680,000
Sold Price
$615,000
Premium/Discount to List
-$65,000
-9.56%
Views
292
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,283
Avg. Annual Appreciation
-1.59%
Original Mortgage
$492,000
Outstanding Balance
$490,220
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$118,497
Similar Homes in Reston, VA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $615,000 | Ekko Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $492,000 | New Conventional | |
| Closed | $492,000 | New Conventional | |
| Previous Owner | $92,539 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/03/2024 12/03/24 | Sold | $615,000 | -2.2% | $390 / Sq Ft |
| 10/09/2024 10/09/24 | Price Changed | $629,000 | -3.1% | $399 / Sq Ft |
| 09/18/2024 09/18/24 | Price Changed | $649,000 | -4.6% | $412 / Sq Ft |
| 08/09/2024 08/09/24 | For Sale | $680,000 | +57.2% | $431 / Sq Ft |
| 04/19/2024 04/19/24 | Sold | $432,500 | +23.6% | $274 / Sq Ft |
| 04/09/2024 04/09/24 | Pending | -- | -- | -- |
| 04/05/2024 04/05/24 | For Sale | $350,000 | -- | $222 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $5,291 | $438,940 | $115,000 | $323,940 |
| 2023 | $4,967 | $422,580 | $115,000 | $307,580 |
| 2022 | $4,259 | $357,720 | $115,000 | $242,720 |
| 2021 | $4,253 | $348,490 | $110,000 | $238,490 |
| 2020 | $3,923 | $318,800 | $100,000 | $218,800 |
| 2019 | $3,723 | $302,590 | $100,000 | $202,590 |
| 2018 | $3,480 | $302,590 | $100,000 | $202,590 |
| 2017 | $3,584 | $296,690 | $100,000 | $196,690 |
| 2016 | $3,253 | $269,810 | $100,000 | $169,810 |
| 2015 | $3,138 | $269,810 | $100,000 | $169,810 |
| 2014 | $3,131 | $269,810 | $100,000 | $169,810 |
Source: Public Records
Agents Affiliated with this Home
-
Cameron Salemi
C
Seller's Agent in 2024
Cameron Salemi
Long & Foster
(571) 285-7909
2 in this area
30 Total Sales
-
Nina Yalung
Seller's Agent in 2024
Nina Yalung
Long & Foster
(571) 466-6002
1 in this area
35 Total Sales
-
Evelyn Yelm
E
Seller Co-Listing Agent in 2024
Evelyn Yelm
Long & Foster
(571) 206-7896
1 in this area
3 Total Sales
-
Nikki Ryan
Buyer's Agent in 2024
Nikki Ryan
Real Broker, LLC
(703) 615-2663
5 in this area
65 Total Sales
-
Annie Cefaratti
Buyer Co-Listing Agent in 2024
Annie Cefaratti
Real Broker, LLC
(202) 841-7601
7 in this area
82 Total Sales
Map
Source: Bright MLS
MLS Number: VAFX2171550
APN: 0114-02090050
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