$148,000
SOLD MAY 21, 2021

Thoreau Place Condominiums 1951 Sagewood Ln Unit 118 Reston, VA 20191

1 Bed
1 Bath
657 Sq Ft
$560/mo HOA Fee

Recently Sold

$225 Per Sq Ft

3% Below List Price

48 Days on Market

Highlights

  • Senior Living
  • Contemporary Architecture
  • Upgraded Countertops
  • Open Floorplan
  • Wood Flooring
  • 3-minute walk to South Lakes Village Park

About This Home

As of May 2021

Beautifully renovated one bedroom one bath condo in sought after Thoreau Place. Independent living community for active adults in the heart of Reston! Across from South Lakes Shopping Center! Building is centered around a beautiful courtyard with independent entrances to each unit overlooking it. Home offers hardwood flooring in entrance foyer, living room /Dining area, Kitchen, and hallway. Carpeting in bedroom and covered balcony area that is finished into what could be a small den like area. Kitchen recently renovated with new cabinets, stainless appliances, granite counters & recessed lighting!! Bathroom features upgraded tile flooring, vanity, commode, mirror, lighting & fixtures!! This is a unit accessible from the main level on the courtyard with easy access to everything! Extra storage room available on site. This home is a must see!

Last Agent to Sell the Property

Trancito Laureano

RE/MAX Gateway Listed on: 03/15/2021

RE/MAX Gateway

Last Buyer's Agent

Karen Miller

Keller Williams Realty License #0225241485

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,476

Year Built

  • Built in 1985 | Remodeled in 2015

Lot Details

  • Property is in good condition

HOA Fees

Parking

  • Parking Lot

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 657 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Wood Flooring
  • Security Gate

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed
  • No Interior Steps
  • Level Entry For Accessibility

Schools

  • Sunrise Valley Elementary School
  • Hughes Middle School
  • South Lakes High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0271 20 0118

Community Details

Overview

  • Senior Living
  • Association fees include lawn maintenance, management, custodial services maintenance, exterior building maintenance, insurance, common area maintenance, recreation facility, reserve funds, road maintenance, sewer, snow removal, trash, water
  • Senior Community | Residents must be 55 or older
  • Reston Association, Phone Number (703) 435-6530
  • Mid-Rise Condominium
  • Northern Virginia Management Condos, Phone Number (703) 941-9002
  • Thoreau Place Co Community

Amenities

  • Common Area
  • Community Center
  • Meeting Room
  • Community Library

Recreation

  • Jogging Path

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Security Service
  • Front Desk in Lobby

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,476

Year Built

Built in 1985 | Remodeled in 2015

Lot Details

0

HOA Fees

$560 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator, No Stairs, Level Entry - Main
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-03-15
  • Year Built: 1985
  • Year Renovated: 2015
  • Automatically Close On Close Date: No
  • Remarks Public: Beautifully renovated one bedroom one bath condo in sought after Thoreau Place. Independent living community for active adults in the heart of Reston! Across from South Lakes Shopping Center! Building is centered around a beautiful courtyard with independent entrances to each unit overlooking it. Home offers hardwood flooring in entrance foyer, living room /Dining area, Kitchen, and hallway. Carpeting in bedroom and covered balcony area that is finished into what could be a small den like area. Kitchen recently renovated with new cabinets, stainless appliances, granite counters & recessed lighting!! Bathroom features upgraded tile flooring, vanity, commode, mirror, lighting & fixtures!! This is a unit accessible from the main level on the courtyard with easy access to everything! Extra storage room available on site. This home is a must see!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer
  • Entry Floor: 1
  • Interior Amenities: Floor Plan - Open, Upgraded Countertops, Wood Floors
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 657
  • Living Area Sq Ft: 657
  • Price Per Sq Ft: 231.35
  • Above Grade Finished Sq Ft: 657
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1951

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, 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

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Desk In Lobby, Security Gate
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 724.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 500.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Northern Virginia Management
  • Condo Co-Op Phone: 7039419002
  • HOA Condo Co-Op Amenities: Common Grounds, Community Center, Elevator, Extra Storage, Jog/Walk Path, Library, Meeting Room, Retirement Community, Security
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Management, Custodial Services Maintenance, Ext Bldg Maint, Insurance, Common Area Maintenance, Recreation Facility, Reserve Funds, Road Maintenance, Sewer, Snow Removal, Trash, Water
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA Name: RESTON ASSOCIATION
  • HOA Phone: 7034356530
  • HOA: Yes
  • Senior Community Age Requirement: 55
  • Senior Community: Yes

Schools

  • School District: FAIRFAX COUNTY PUBLIC SCHOOLS
  • Elementary School: SUNRISE VALLEY
  • Middle School: HUGHES
  • High School: SOUTH LAKES
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138392980
  • School District Source: 3rd Party
  • Elementary School: SUNRISE VALLEY
  • High School: SOUTH LAKES
  • Middle Or Junior School: HUGHES

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 99770.00
  • Land Assessed Value: 25000.00
  • Land Use Code: 064
  • Property Condition: Good
  • Year Assessed: 2021
  • Zoning: 372
  • In City Limits: No

Rental Info

  • Pets: Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 19234607
  • Tax Annual Amount: 1476.00
  • Assessor Parcel Number: 0271 20 0118
  • Tax Page Number: 271
  • Tax Total Finished Sq Ft: 657
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 05/21/2021

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2021
Closed on
May 21, 2021
Sold by
Alvarado Julia and Alvarado Angel Armando
Bought by
Ballard Joe and Ballard Tessie Leona
Seller's Agent
Trancito Laureano
RE/MAX Gateway
Buyer's Agent
Karen Miller
Keller Williams Realty
List Price
$152,000
Sold Price
$148,000
Premium/Discount to List
-$4,000
-2.63%
Total Days on Market
48

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.11%

Purchase Details

Closed on
May 30, 2000
Sold by
Eakin Thomas R
Bought by
Tingler Timothy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,920
Interest Rate
8.12%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $148,000 Multiple
Deed $69,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $55,920 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2025 05/28/25 For Sale $195,000 +31.8% $297 / Sq Ft
05/21/2021 05/21/21 Sold $148,000 -2.6% $225 / Sq Ft
05/03/2021 05/03/21 Pending -- -- --
03/15/2021 03/15/21 For Sale $152,000 +1.3% $231 / Sq Ft
05/27/2016 05/27/16 Sold $150,000 -1.6% $228 / Sq Ft
05/11/2016 05/11/16 Price Changed $152,500 -6.2% $232 / Sq Ft
05/05/2016 05/05/16 Pending -- -- --
03/25/2016 03/25/16 Price Changed $162,500 -1.5% $247 / Sq Ft
11/13/2015 11/13/15 For Sale $165,000 -- $251 / 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
2024 $1,773 $147,050 $29,000 $118,050
2023 $1,586 $134,910 $27,000 $107,910
2022 $1,575 $132,260 $26,000 $106,260
2021 $1,523 $124,770 $25,000 $99,770
2020 $1,476 $119,970 $24,000 $95,970
2019 $1,476 $119,970 $24,000 $95,970
2018 $1,284 $111,690 $22,000 $89,690
2017 $1,377 $113,970 $23,000 $90,970
2016 $1,374 $113,970 $23,000 $90,970
2015 $603 $103,700 $21,000 $82,700
2014 $596 $102,670 $21,000 $81,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAFX1182968

Bright MLS

APN: 0271-20-0118