NOT LISTED FOR SALE

Estimated Value: $700,000 - $792,201

5 Beds
3.5 Baths
5,176 Sq Ft
$144/Sq Ft Est. Value

Last Sold May 11, 2023

Last sale price $682,000 $132 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,519/month

1 Day on Market

Highlights

  • Concrete Pool
  • Clubhouse
  • Solid Hardwood Flooring
  • Colonial Architecture
  • Recreation Room
  • Backs to Trees or Woods

About This Home

As of May 2023

OPEN HOUSE IS CANCELLED. HOME IS UNDER CONTRACT. PERFECT ON PALACE LANE! This amazing home is “The One” you’re looking for! 5 Bedrooms, 3.5 Full Baths, and over 5000 sq ft of finished living space on 3 levels. One of the largest models in the neighborhood! Updated living areas, fantastic neighborhood with amenities, PLUS your own pool make this a fabulous place to call “Home! “
MAIN LEVEL: The open, inviting 2 story Foyer welcomes you into this beautiful Colonial. Just off the Foyer, a private Office with French doors, is the perfect place to work from home—something we’re all looking for these days. Across the hallway, the formal Living Room offers a terrific Flex Space, with options for a quiet homework area, reading room, or music room—utilize this area to suit your needs. Heading to the back of the home, you’ll find the formal Dining Room boasting bay windows and an optimal space for hosting special holiday dinners. Then, on to the heart of the home! Walking into the Chef’s Kitchen, you’ll be WOW’d by the expansiveness of this floorplan! Three rooms flow into one another, giving Palace Lane the open spaces you want. The eat-in Kitchen features gas cooking, extended island for entertaining, glass backsplash, and loads of extra counter space and cabinets for meal prep and storage. Stainless steel appliances and updated fixtures enhance this area. Adjacent to the Kitchen is the Family Room with a cozy gas fireplace for chilly winter evenings. Family, guests, and the Chef can be part of all conversations with this flowing floorplan. In addition, the bright and cheerful Sunroom with vaulted ceilings expands this living area. Hang out here and watch everything going on in the backyard.
UPPER LEVEL: On to the Upper Level where you’ll find quiet relaxation at the end of the day. The Primary Bedroom offers ample space to accommodate your king- sized bed, dressers, and even enough space for a sitting area. With a ceiling fan, recessed lighting, and full, wall-length closet, this bedroom has all the amenities you need. The Primary Bath has been recently remodeled and is a luxurious retreat. Dual sinks with marble counter and detailing, a spacious, private shower, and stand- alone soaking tub create a serene, spa-like atmosphere. Three other nicely-sized Bedrooms complete the Upper Level, along with a 2nd Full Bath. The Laundry is located here for your convenience.
LOWER LEVEL: Loads of enjoyment awaits on the finished Lower Level. An extra- large Rec Room is the ideal place for informal gatherings. Lounge here and watch movies or play pool. There’s plenty of space for little ones and pets to play. Easy to clean, brand new laminate flooring is a feature of the Rec Room. In addition, guests can enjoy their own Bedroom (5th/NTC) with dual closets a and a Full Bath on this level. There is also a bonus storage area with plenty of extra space for decorations.
EXTERIOR: The icing on the cake at 16 Palace Lane is the backyard oasis. Mature trees offer privacy and fencing keeps little ones safe. An inground pool (heated!) has been serviced and opened—it’s waiting for YOU—just roll back the cover and enjoy! A concrete deck offers a comfortable sitting area, and the slide is sure to bring hours of fun to family and friends. 16 Palace Lane covers ALL of your needs and wants--Book your tour today!
NEIGHBORHOOD: Hampton Oaks is a highly sought after community with many amenities including: clubhouse, pool, tennis courts, tot lots, sidewalks, walking trails, and more.
LOCATION: Located near all major amenities, 16 Palace Lane is a commuter’s dream! Commuter lots, I95, VRE/train are close by. Quantico MCB and FBI are within 10 miles.
NOTABLE: New Hvac (2), new hot water heater, new dishwasher. All pool equipment conveys, including loop lock cover. 2 sheds and swing set also convey.

Last Agent to Sell the Property

Nancy Mizelle

(540) 273-1843 nancy4homes@nancymizelle.com Samson Properties Listed on: 04/10/2023

Samson Properties

Last Buyer's Agent

Vijay Verma

(703) 507-2598 vverma@pwrealty.com Prince William Realty Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,187

Year Built

  • Built in 2003

Lot Details

  • 9,940 Sq Ft Lot
  • Back Yard Fenced
  • Backs to Trees or Woods
  • Property is zoned R1

HOA Fees

  • $69 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Driveway Spaces
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Permanent Foundation
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Recreation Room
  • Sun or Florida Room
  • Storage Room

Kitchen

  • Gas Oven or Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Solid Hardwood
  • Partially Carpeted
  • Laminate
  • Ceramic Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Rear Basement Entry
  • Sump Pump

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Patio
  • Play Equipment

Schools

  • North Stafford High School

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 604
  • Assessor Parcel Number 20P 13B 604

Community Details

Overview

  • Association fees include management, pool(s), trash
  • Hampton Oaks Subdivision

Amenities

  • Common Area
  • Clubhouse
  • Party Room

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Jogging Path
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,187

Year Built

Built in 2003

Lot Details

0

HOA Fees

$69 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: 2023-04-10
  • Year Built: 2003
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Exhaust Fan, Icemaker, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer, Dryer
  • Flooring Type: Carpet, Ceramic Tile, Hardwood, Laminate Plank, Luxury Vinyl Tile, Partially Carpeted, Solid Hardwood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Permanent
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Foyer, Sun/Florida Room, Laundry, Office, Recreation Room, Storage Room, Bathroom 2, Bathroom 3, Primary Bathroom, Half Bath
  • Basement: Yes
  • Basement Type: Fully Finished, Outside Entrance, Rear Entrance, Sump Pump
  • Total Sq Ft: 5404
  • Living Area Sq Ft: 5176
  • Price Per Sq Ft: 188.49
  • Above Grade Finished Sq Ft: 3448
  • Below Grade Finished Sq Ft: 1728
  • Below Grade Sq Ft: 228
  • Total Below Grade Sq Ft: 1956
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • 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: Vinyl Siding
  • Exterior Features: Play Equipment
  • Pool Features: Concrete, Fenced, In Ground, Heated
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

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: 68.50
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Bike Trail, Club House, Common Grounds, Jog/Walk Path, Party Room, Pool - Outdoor, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Management, Pool(s), Trash
  • HOA: Yes
  • Senior Community: No

Schools

  • High School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: NORTH STAFFORD

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Rear
  • Improvement Assessed Value: 470200.00
  • Land Assessed Value: 140000.00
  • Lot Features: Backs To Trees
  • Lot Size Acres: 0.23
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9940.00
  • Outdoor Living Structures: Patio(s)
  • Zoning: R1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16930792
  • Tax Annual Amount: 5187.00
  • Assessor Parcel Number: 20P 13B 604
  • Tax Lot: 604
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: STAFFORD COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2023
Closed on
May 10, 2023
Sold by
Scott Andrew and Kim Diane
Bought by
Pirzad Ahmad Rezwan and Pirzad Shaker Ahmad
Seller's Agent
Nancy Mizelle
Samson Properties
Buyer's Agent
Vijay Verma
Prince William Realty Inc.
List Price
$649,900
Sold Price
$682,000
Premium/Discount to List
$32,100
4.94%
Views
17
Current Estimated Value
$747,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,800
Avg. Annual Appreciation
3.66%
Original Mortgage
$545,600
Outstanding Balance
$530,235
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$217,565

Purchase Details

Closed on
Aug 22, 2006
Sold by
Cornell Matthew J
Bought by
Scott Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,900
Interest Rate
6.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 2003
Sold by
K Hovnanian @ Hampton Oak
Bought by
Cornell Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,700
Interest Rate
5.98%
Mortgage Type
New Conventional
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
Pirzad Ahmad Rezwan $682,000 Chicago Title
Scott Andrew $479,900 --
Cornell Matthew $303,986 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pirzad Ahmad Rezwan $545,600
Previous Owner Scott Andrew $383,900
Previous Owner Cornell Matthew $238,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2023 05/11/23 Sold $682,000 +4.9% $132 / Sq Ft
04/12/2023 04/12/23 Pending -- -- --
04/10/2023 04/10/23 For Sale $649,900 -- $126 / 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 $6,138 $677,000 $155,000 $522,000
2024 $6,138 $677,000 $155,000 $522,000
2023 $5,766 $610,200 $140,000 $470,200
2022 $5,187 $610,200 $140,000 $470,200
2021 $4,699 $484,400 $110,000 $374,400
2020 $4,699 $484,400 $110,000 $374,400
2019 $4,766 $471,900 $100,000 $371,900
2018 $4,672 $471,900 $100,000 $371,900
2017 $4,646 $469,300 $90,000 $379,300
2016 $4,646 $469,300 $90,000 $379,300
2015 -- $462,600 $90,000 $372,600
2014 -- $462,600 $90,000 $372,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAST2019212

Bright MLS

APN: 20P-13B-604