NOT LISTED FOR SALE

16950 Simpson Cir Paeonian Springs, VA 20129

Estimated Value: $478,000 - $587,000

3 Beds
1 Bath
1,992 Sq Ft
$268/Sq Ft Est. Value

Last Sold June 09, 2023

Last sale price $405,000 $203 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,184/month

108 Days on Market

Highlights

  • Cape Cod Architecture
  • Main Floor Bedroom
  • Electric Baseboard Heater
  • Kenneth W. Culbert Elementary School Rated A-
  • No HOA
  • Dining Area

About This Home

As of June 2023

*AGENTS- please review agent remarks!* Here is a unique opportunity for you! Let's start with the house and location...super cute and WELL MAINTAINED cape cod home on a quiet established street of a beautiful historic town. Location you might ask? You are within 1 mile of Route 7, and 0.2 from Route 9! Avid runner/walker/biker? Walk 20 feet out of your back door and you are on the W&OD Trail! All while still feeling you are in the cute town from the storybook you read to your children at night. Here comes the unique part - this property is income producing EVEN while you reside in the home! The side of the home is rented out to the USPS, which is currently within lease, and has been for decades. If this does not fit for you, you can chose not to renew the lease when the term is up! This is a listing you do not see often...certainly worth your time to view if this appeals to you!

Last Agent to Sell the Property

Sara Duncan

(304) 671-9007 sara@saraduncanrealty.com RE/MAX Distinctive Real Estate Listed on: 01/24/2023

Last Buyer's Agent

Gayle King

(703) 790-1850 gayle@gayleopensdoors.com Century 21 Redwood Realty

Century 21 Redwood Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,016

Year Built

  • Built in 1930

Lot Details

  • 0.27 Acre Lot
  • Back Yard
  • Property is zoned RC

Home Design

  • Cape Cod Architecture
  • Permanent Foundation

Interior Spaces

  • 1,992 Sq Ft Home
  • Property has 3 Levels
  • Dining Area

Bedrooms and Bathrooms

  • 1 Full Bathroom

Improved Basement

  • Connecting Stairway
  • Interior Basement Entry
  • Basement Windows

Parking

  • Driveway
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Well
  • Electric Water Heater
  • Sewer Holding Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 345308641000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,016

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Inclusions: LEASE
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-01-24
  • Year Built: 1930
  • Automatically Close On Close Date: No
  • Remarks Public: *AGENTS- please review agent remarks!* Here is a unique opportunity for you! Let's start with the house and location...super cute and WELL MAINTAINED cape cod home on a quiet established street of a beautiful historic town. Location you might ask? You are within 1 mile of Route 7, and 0.2 from Route 9! Avid runner/walker/biker? Walk 20 feet out of your back door and you are on the W&OD Trail! All while still feeling you are in the cute town from the storybook you read to your children at night. Here comes the unique part - this property is income producing EVEN while you reside in the home! The side of the home is rented out to the USPS, which is currently within lease, and has been for decades. If this does not fit for you, you can chose not to renew the lease when the term is up! This is a listing you do not see often...certainly worth your time to view if this appeals to you!
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Interior Amenities: Dining Area, Entry Level Bedroom
  • Foundation Details: Permanent
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Improved, Interior Access, Unfinished, Windows, Connecting Stairway
  • Total Sq Ft: 1992
  • Living Area Sq Ft: 1992
  • Price Per Sq Ft: 203.31
  • Above Grade Finished Sq Ft: 1992
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 16950

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Holding Tank
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: LOUDOUN COUNTY PUBLIC SCHOOLS
  • School District Key: 121139189813
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 304410.00
  • Land Assessed Value: 146800.00
  • Lot Features: Rear Yard
  • Lot Size Acres: 0.27
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11761.00
  • Year Assessed: 2022
  • Zoning: RC
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16537471
  • Tax Annual Amount: 4016.00
  • Assessor Parcel Number: 345308641000
  • Tax Lot: 1
  • Tax Total Finished Sq Ft: 1992
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 06/09/2023

MLS Schools

  • School District Name: LOUDOUN COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2023
Closed on
Jun 6, 2023
Sold by
Decker Karen Lee
Bought by
Atlas Capital & Investments Llc
Seller's Agent
Sara Duncan
RE/MAX Distinctive Real Estate
Buyer's Agent
Gayle King
Century 21 Redwood Realty
List Price
$440,000
Sold Price
$405,000
Premium/Discount to List
-$35,000
-7.95%
Views
292
Current Estimated Value
$534,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,480
Avg. Annual Appreciation
12.63%
Original Mortgage
$324,000
Outstanding Balance
$315,740
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$216,680
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
Atlas Capital & Investments Llc $405,000 First American Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Atlas Capital & Investments Llc $324,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2023 06/09/23 Sold $405,000 0.0% $203 / Sq Ft
05/10/2023 05/10/23 Price Changed $405,000 -8.0% $203 / Sq Ft
04/10/2023 04/10/23 Price Changed $440,000 0.0% $221 / Sq Ft
04/10/2023 04/10/23 For Sale $440,000 +8.6% $221 / Sq Ft
04/08/2023 04/08/23 Off Market $405,000 -- --
01/24/2023 01/24/23 For Sale $465,000 -- $233 / 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 $4,195 $521,110 $241,800 $279,310
2024 $4,172 $482,360 $221,800 $260,560
2023 $4,119 $470,750 $161,800 $308,950
2022 $4,016 $451,210 $146,800 $304,410
2021 $3,266 $333,310 $102,000 $231,310
2020 $3,450 $333,310 $102,000 $231,310
2019 $3,452 $330,320 $102,000 $228,320
2018 $3,571 $329,100 $102,000 $227,100
2017 $3,747 $333,060 $102,000 $231,060
2016 $3,816 $333,310 $0 $0
2015 $3,792 $232,120 $0 $232,120
2014 $3,946 $239,680 $0 $239,680
Source: Public Records

Agents Affiliated with this Home

  • Sara Duncan

    Seller's Agent in 2023

    Sara Duncan

    RE/MAX

    (304) 671-9007

    296 Total Sales

    Sara Duncan
    Section Image
  • Gayle King

    Buyer's Agent in 2023

    Gayle King

    Century 21 Redwood Realty

    (703) 790-1850

    95 Total Sales

    Gayle King
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: VALO2042862

Bright MLS

APN: 345-30-8641

Virginia Loudoun County Paeonian Springs 20129

16950 Simpson Cir, Paeonian Springs, VA

This home is located at 16950 Simpson Cir, Paeonian Springs, VA 20129 since 24 January 2023 and is currently estimated at $534,480, approximately $268 per square foot. This property was built in 1930. 16950 Simpson Cir is a home located in Loudoun County with nearby schools including Kenneth W. Culbert Elementary School, Blue Ridge Middle School, and Loudoun Valley High School.

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