NOT LISTED FOR SALE

1521 Colonial Dr Unit 101 Woodbridge, VA 22192

Estimated Value: $237,000 - $271,000

2 Beds
1.5 Baths
939 Sq Ft
$399/mo HOA Fee

Last Sold February 02, 2023

Last sale price $192,000 $204 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,918/month

4 Days on Market

Highlights

  • Penthouse
  • Colonial Architecture
  • Forced Air Heating and Cooling System
  • Woodbridge High School Rated A
  • Community Pool

About This Home

As of February 2023

Great investment opportunity, or wait for the end of tenant's lease (runs through the end of January 2023--just a couple of months.) Tenant currently pays $1425 a month and wants to stay in home.

Homes in this community of this size have sold from $208,000 to $271,000, depending on state of renovations. This unit has fairly new appliances and fairly new HVAC (July 2102, Carrier) but needs cosmetic updates.

Seller willing to provide closing cost assistance and/or assistance with buyer buying down their interest rate with a full price offer. Due to tenant, two hours' notice is requested before showings.

Listing agent is owner/ seller. Seller strongly prefers Cardinal Title due to their professionalism and many convenient settlement locations. (See attached document).

Last Agent to Sell the Property

Benjamin Oxley

(202) 550-1300 trustnovaben@gmail.com Samson Properties License #0225207968 Listed on: 11/17/2022

Samson Properties

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,517

Year Built

  • Built in 1968

Lot Details

  • 0.86

HOA Fees

  • $399 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Penthouse
  • Colonial Architecture
  • Entry on the 2nd floor
  • Brick Exterior Construction

Interior Spaces

  • 939 Sq Ft Home
  • Property has 1 Level
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Schools

  • Occoquan Elementary School
  • Fred M. Lynn Middle School
  • Woodbridge High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 8393-62-6732.02

Community Details

Overview

  • Association fees include gas, water, pool(s), lawn maintenance, snow removal, trash
  • Low-Rise Condominium
  • River Terrace Condo Community
  • River Terrace Subdivision

Recreation

  • Community Pool

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,517

Year Built

Built in 1968

Lot Details

0

HOA Fees

$399 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-11-17
  • Year Built: 1968
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 2
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 939
  • Living Area Sq Ft: 939
  • Price Per Sq Ft: 212.98
  • Above Grade Finished Sq Ft: 939
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1521

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Refuse: 47.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • 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: 399.20
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Gas, Water, Pool(s), Lawn Maintenance, Snow Removal, Trash
  • HOA: No
  • Senior Community: No

Schools

  • School District: PRINCE WILLIAM COUNTY PUBLIC SCHOOLS
  • Elementary School: OCCOQUAN
  • Middle School: FRED M. LYNN
  • High School: WOODBRIDGE
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121137431984
  • School District Source: 3rd Party
  • Elementary School: OCCOQUAN
  • High School: WOODBRIDGE
  • Middle Or Junior School: FRED M. LYNN

Lot Info

  • Land Use Code: 024
  • Year Assessed: 2022
  • Zoning: R16
  • In City Limits: Yes

Rental Info

  • Pets: Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2517.06
  • Assessor Parcel Number: 8393-62-6732.02
  • Tax Total Finished Sq Ft: 939
  • County Tax Payment Frequency: Semi-Annually
  • Tax Year: 2022
  • Close Date: 02/02/2023

MLS Schools

  • School District Name: PRINCE WILLIAM COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2022
Closed on
Jan 30, 2023
Sold by
Oxley Benjamin J and Oxley Tara L
Bought by
Alejandro Laura
Seller's Agent
Benjamin Oxley
Samson Properties
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$199,990
Sold Price
$192,000
Premium/Discount to List
-$7,990
-4%
Views
28
Current Estimated Value
$249,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,239
Avg. Annual Appreciation
10.15%
Original Mortgage
$192,000
Outstanding Balance
$182,981
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$66,258

Purchase Details

Closed on
Jan 26, 2011
Sold by
Acuna Stephen J and Acuna Tanya F
Bought by
Oxley Tara L and Oxley Benjamin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2003
Sold by
Nelson Mildred
Bought by
Lee Loronda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,550
Interest Rate
6.29%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 24, 2001
Sold by
Hermann-Pruss Uwe Kurt
Bought by
Nelson Mildred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,400
Interest Rate
7.05%
Source: Public Records

Range of Values:

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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
Alejandro Laura $192,000 Cardinal Title
Oxley Tara L $112,000 First American Title Ins Co
Lee Loronda $108,000 --
Nelson Mildred $71,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alejandro Laura $192,000
Previous Owner Oxley Tara L $84,000
Previous Owner Lee Loronda $105,550
Previous Owner Nelson Mildred $69,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/02/2023 02/02/23 Sold $192,000 -4.0% $204 / Sq Ft
11/22/2022 11/22/22 Pending -- -- --
11/17/2022 11/17/22 For Sale $199,990 -- $213 / 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 $2,380 $239,300 $51,800 $187,500
2024 $2,380 $239,300 $51,800 $187,500
2023 $2,218 $213,200 $51,800 $161,400
2022 $2,247 $202,900 $49,800 $153,100
2021 $2,225 $185,800 $49,800 $136,000
2020 $2,458 $158,600 $43,000 $115,600
2019 $2,142 $138,200 $36,500 $101,700
2018 $1,676 $138,800 $36,500 $102,300
2017 $1,630 $135,100 $35,300 $99,800
2016 $1,531 $128,100 $32,800 $95,300
2015 $1,280 $118,800 $29,700 $89,100
2014 $1,280 $104,800 $26,300 $78,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAPW2041406

Bright MLS

APN: 8393-62-6732.02