NOT LISTED FOR SALE

1508 Summerchase Ct Unit A Reston, VA 20194

North Reston Neighborhood

Estimated Value: $270,000 - $332,000

1 Bed
1 Bath
700 Sq Ft
$345/mo HOA Fee

Last Sold January 09, 2018

Last sale price $204,500 $292 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,154/month

27 Days on Market

Highlights

  • Gourmet Kitchen
  • Open Floorplan
  • 1 Fireplace
  • Armstrong Elementary Rated A-
  • Traditional Architecture
  • Community Pool

About This Home

As of January 2018

Investor opportunity! Move in ready Reston condo, walkable to shopping and commuter bus, minutes to RTC and metro! One bedroom, one bath with a beautiful updated gourmet kitchen with granite counters, stainless steel appliances and extended pantry. Open floor plan with cozy wood burning fireplace and built in bookcases. Lots of light and plenty of parking for this desirable first floor unit!

Last Agent to Sell the Property

Heather Reeder

(703) 203-8633 hmreeder@gmail.com EXP Realty, LLC License #0225187583 Listed on: 11/20/2017

EXP Realty, LLC

Last Buyer's Agent

Barbara Morris

(703) 217-7542 bbmorris2@verizon.net United Real Estate License #0225026770

United Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,231

Year Built

  • Built in 1987

Lot Details

  • 4,530

HOA Fees

Parking

  • Unassigned Parking

Home Design

  • Traditional Architecture

Interior Spaces

  • 700 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • 1 Fireplace

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 11-4-15- -1508A

Community Details

Overview

  • Association fees include insurance, sewer, trash, management, snow removal, reserve funds
  • Low-Rise Condominium
  • Summerridge Community
  • Summerridge Subdivision
  • The community has rules related to covenants

Amenities

  • Common Area

Recreation

  • Baseball Field
  • Community Basketball Court
  • Community Pool
  • Jogging Path
  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,231

Year Built

Built in 1987

Lot Details

0

HOA Fees

$345 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2017-11-20
  • Year Built: 1987
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Breakfast Area, Kitchen - Gourmet, Floor Plan - Open
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: 1st Floor
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 700
  • Living Area Sq Ft: 700
  • Price Per Sq Ft: 295.71
  • Above Grade Finished Sq Ft: 700
  • 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
  • Construction Materials: Combination
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Unassigned

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 692.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 287.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Swimming Pool, Baseball Field, Basketball Courts, Bike Trail, Common Grounds, Jog/Walk Path
  • HOA Condo Co-Op Fee Includes: Insurance, Sewer, Trash, Management, Snow Removal, Reserve Funds
  • HOA Condo Co-Op Rules: Covenants
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 147710.00
  • Land Assessed Value: 37000.00
  • Property Attached Yn: Yes
  • Zoning: 372

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2231.30
  • Assessor Parcel Number: 11-4-15- -1508A
  • Tax Page Number: 114
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2017
Closed on
Jan 5, 2018
Sold by
Thomas Emily and Thomas Ted
Bought by
Zand Ryka
Seller's Agent
Heather Reeder
EXP Realty, LLC
Buyer's Agent
Barbara Morris
United Real Estate
List Price
$207,000
Sold Price
$204,500
Premium/Discount to List
-$2,500
-1.21%
Current Estimated Value
$296,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,998
Avg. Annual Appreciation
4.81%
Original Mortgage
$163,600
Outstanding Balance
$137,918
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$158,580
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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
Zand Ryka $204,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zand Ryka $163,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/09/2018 01/09/18 Sold $204,500 -1.2% $292 / Sq Ft
12/18/2017 12/18/17 Pending -- -- --
11/20/2017 11/20/17 For Sale $207,000 -- $296 / 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 $2,983 $259,810 $52,000 $207,810
2024 $2,983 $247,440 $49,000 $198,440
2023 $2,669 $227,010 $45,000 $182,010
2022 $2,550 $214,160 $43,000 $171,160
2021 $2,398 $196,480 $39,000 $157,480
2020 $2,418 $196,480 $39,000 $157,480
2019 $2,368 $192,410 $39,000 $153,410
2018 $2,167 $188,400 $38,000 $150,400
2017 $2,231 $184,710 $37,000 $147,710
2016 $2,227 $184,710 $37,000 $147,710
2015 $2,262 $194,480 $39,000 $155,480
2014 $2,002 $172,480 $34,000 $138,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004172995

Bright MLS

APN: 0114-15-1508A