NOT LISTED FOR SALE

1561 Regatta Ln Reston, VA 20194

North Reston Neighborhood

Estimated Value: $1,147,000 - $2,011,000

4 Beds
3.5 Baths
2,240 Sq Ft
$619/Sq Ft Est. Value

Last Sold January 17, 2023

Last sale price $940,000 $420 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $8,502/month

34 Days on Market

Highlights

  • 30 Feet of Waterfront
  • Fishing Allowed
  • 1 Community Docks
  • Aldrin Elementary Rated A
  • Colonial Architecture
  • 1 Fireplace

About This Home

As of January 2023

SPECTACULAR PATIO WATERFRONT HOME IN NORTH RESTON WITH PANORAMIC VIEWS OF LAKE AND PARK FROM MOST ROOMS! 4BEDROOM, 3 FINISHED LEVEL. HARDWOOD FLOORS ON MAIN . 2 FIREPLACES. FINISHED LOWER LEVEL WALK OUT WITH LARGE REC ROOM, FULL GUEST SUITE AND FULL BATH. WALK OUT TO GORGEOUS LANDSCAPED LOT . LAWN CARE IN INCLUDED IN HOA. ENJOY CLUSTER DOCK FOR YOUR KAYAK /CANOE AND FISHING! FABULOUS LOCATION..STEPS TO LAKE & CLUSTER DOCK,TENNIS,POOLS,PATHS,SHOPPING & SCHOOLS. PROPERTY IS STRICTLY AS-IS. PERFECT FOR INVESTORS OR HANDMAN.

Last Agent to Sell the Property

Myung Ryu

(703) 961-9294 big4989@gmail.com S & S Realty & Investment, LLC Listed on: 10/31/2022

Last Buyer's Agent

Sherri Foster

(571) 386-1075 sherrifosterrealestate@gmail.com Pearson Smith Realty, LLC

Pearson Smith Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,292

Year Built

  • Built in 1988

Lot Details

  • 4,104 Sq Ft Lot
  • 30 Feet of Waterfront
  • Home fronts navigable water
  • Property is zoned 372

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Shake Roof
  • Wood Siding

Interior Spaces

  • 2,240 Sq Ft Home
  • Property has 3 Levels
  • 1 Fireplace
  • Finished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

Outdoor Features

  • Canoe or Kayak Water Access
  • Public Water Access
  • Property is near a lake
  • Non Powered Boats Only

Utilities

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

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 0172 33010009

Community Details

Overview

  • $718 Recreation Fee
  • Newport Cluster Subdivision

Recreation

  • 1 Community Docks
  • Community Pool
  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,292

Year Built

Built in 1988

Lot Details

4,104 Sq Ft Lot

HOA Fees

$125 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-10-31
  • Year Built: 1988
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished, Walkout Level
  • Total Sq Ft: 2240
  • Living Area Sq Ft: 2240
  • Price Per Sq Ft: 486.61
  • Above Grade Finished Sq Ft: 2240
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Wood Siding
  • Roof: Shake
  • Water Access Features: Boat - Non Powered Only, Canoe/Kayak, Public Access, Fishing Allowed
  • Water Access: Yes
  • Water Body Name: Lake Newport
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: No
  • Water Frontage In Feet: 30

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • 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

  • HOA Fees: 750.00
  • HOA Fee Frequency: Semi-Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: 718.00
  • Association Recreation Fee: Yes

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 480590.00
  • Land Assessed Value: 552000.00
  • Lot Size Acres: 0.09
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4104.00
  • Zoning: 372
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 19215086
  • Tax Annual Amount: 12292.00
  • Assessor Parcel Number: 0172 33010009
  • Tax Lot: 9
  • Tax Page Number: 172
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2022
Closed on
Jan 17, 2023
Sold by
Kim Ye Ja and Min Derek Dongkyu
Bought by
Mossadeghi Babak J and Shirazi Sholeh M
Seller's Agent
Myung Ryu
S & S Realty & Investment, LLC
Buyer's Agent
Sherri Foster
Pearson Smith Realty, LLC
List Price
$1,090,000
Sold Price
$940,000
Premium/Discount to List
-$150,000
-13.76%
Views
18
Current Estimated Value
$1,386,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$446,078
Avg. Annual Appreciation
12.99%
Original Mortgage
$705,000
Outstanding Balance
$679,696
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$706,382

Purchase Details

Closed on
Dec 7, 2017
Sold by
Kim Ye Ja
Bought by
Kim Ye Ja and Min Derek Dongkyu
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
Mossadeghi Babak J $940,000 First American Title
Kim Ye Ja -- Joystone Title & Escrow Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mossadeghi Babak J $705,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2023 01/17/23 Sold $940,000 -13.8% $420 / Sq Ft
12/05/2022 12/05/22 Pending -- -- --
10/31/2022 10/31/22 For Sale $1,090,000 0.0% $487 / Sq Ft
12/11/2018 12/11/18 Rented $3,500 0.0% --
10/07/2018 10/07/18 Price Changed $3,500 -10.3% $2 / Sq Ft
09/28/2018 09/28/18 For Rent $3,900 +11.4% --
08/01/2017 08/01/17 Rented $3,500 0.0% --
08/01/2017 08/01/17 Under Contract -- -- --
07/05/2017 07/05/17 For Rent $3,500 +2.9% --
03/04/2016 03/04/16 Rented $3,400 -6.8% --
02/18/2016 02/18/16 Under Contract -- -- --
11/24/2015 11/24/15 For Rent $3,650 -11.0% --
10/30/2012 10/30/12 Rented $4,100 +10.8% --
10/01/2012 10/01/12 Under Contract -- -- --
05/12/2012 05/12/12 For Rent $3,700 -- --
Source: Bright MLS

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 $13,036 $1,284,840 $616,000 $668,840
2024 $13,036 $1,081,340 $599,000 $482,340
2023 $13,334 $1,134,290 $572,000 $562,290
2022 $12,293 $1,032,590 $552,000 $480,590
2021 $12,054 $987,590 $521,000 $466,590
2020 $11,571 $940,370 $496,000 $444,370
2019 $11,238 $913,280 $486,000 $427,280
2018 $10,873 $945,440 $486,000 $459,440
2017 $11,083 $917,430 $467,000 $450,430
2016 $11,170 $926,620 $467,000 $459,620
2015 $10,777 $926,620 $467,000 $459,620
2014 $9,988 $860,620 $401,000 $459,620
Source: Public Records

Agents Affiliated with this Home

  • Myung Ryu

    Seller's Agent in 2023

    Myung Ryu

    S & S Realty & Investment, LLC

    (410) 371-9007

    1 in this area

    52 Total Sales

    Myung Ryu
    Section Image
  • Sherri Foster

    Buyer's Agent in 2023

    Sherri Foster

    Pearson Smith Realty, LLC

    (703) 472-1818

    1 in this area

    13 Total Sales

    Sherri Foster
    Section Image
  • Vikki Lee

    Seller's Agent in 2018

    Vikki Lee

    AMPLUS REALTY, LLC.

    (703) 231-5572

    66 Total Sales

    Vikki Lee
    Section Image

  • C

    Seller Co-Listing Agent in 2018

    Cathy Bauer

    AMPLUS REALTY, LLC.

    (571) 268-4451

    5 Total Sales

    Cathy Bauer
    Section Image
  • William Simpson

    Buyer's Agent in 2017

    William Simpson

    Prosperity Realty LLC

    (703) 314-7105

    3 Total Sales

    William Simpson
    Section Image

  • S

    Buyer's Agent in 2016

    Sandy Bacon

    The Bacon Group Incorporated

    (703) 405-2548

    20 Total Sales

    Sandy Bacon
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: VAFX2101562

Bright MLS

APN: 0172-33010009

Virginia Fairfax County Reston 20194 North Reston

1561 Regatta Ln, Reston, VA

Not Listed for Sale

Detached

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