NOT LISTED FOR SALE

20451 Chesapeake Square Unit 103 Sterling, VA 20165

Estimated Value: $388,821 - $409,000

2 Beds
2 Baths
1,138 Sq Ft
$289/mo HOA Fee

Last Sold February 05, 2015

Last sale price $248,000 $218 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,610/month

Highlights

  • Fitness Center
  • Colonial Architecture
  • Traditional Floor Plan
  • Potomac Falls High School Rated A
  • Clubhouse
  • 1 Fireplace

About This Home

As of February 2015

Attention investors, recently rented to great tenants for a year at $1600/mo. Gain immediate positive cash flow while needing to do nothing to the home to get instant equity. 10K under last comp.

Last Agent to Sell the Property

Michael Chang

(703) 430-9008 offers4mike@gmail.com Keller Williams Realty Centre Listed on: 09/05/2014

Keller Williams Realty Centre

Last Buyer's Agent

John McCambridge

(703) 430-4234 cj@cathyandjohn.com Samson Properties

Samson Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,583

Year Built

  • Built in 1997

Lot Details

  • Property is in very good condition

HOA Fees

Parking

  • Surface Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,138 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Crown Molding
  • 1 Fireplace
  • Screen For Fireplace
  • Window Treatments
  • Living Room
  • Dining Room

Kitchen

  • Gas Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Level Entry For Accessibility
  • Ramp on the main level

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 018407742004

Community Details

Overview

  • Association fees include insurance, management, sewer, snow removal, water
  • Low-Rise Condominium
  • Riverbend At Cascades Subdivision, Potomac Floorplan
  • Riverbend At Cascades Community
  • The community has rules related to parking rules

Amenities

  • Common Area
  • Clubhouse
  • Community Center

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Bike Trail

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,583

Year Built

Built in 1997

Lot Details

0

HOA Fees

$289 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Accessibility Features: Level Entry - Main, Ramp - Main Level
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Year Built: 1997
  • Remarks Public: Attention investors, recently rented to great tenants for a year at $1600/mo. Gain immediate positive cash flow while needing to do nothing to the home to get instant equity. 10K under last comp.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer, Icemaker, Microwave, Oven/Range - Gas, Refrigerator, Washer
  • Interior Amenities: Dining Area, Crown Moldings, Upgraded Countertops, Window Treatments, Floor Plan - Traditional
  • Fireplace Features: Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: 1st Floor
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1138
  • Living Area Sq Ft: 1138
  • Price Per Sq Ft: 219.68
  • Above Grade Finished Sq Ft: 1138
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 20451

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Surface

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: 102.72
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 255.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Bike Trail, Club House, Common Grounds, Community Center, Exercise Room, Tennis Courts, Pool - Outdoor, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Insurance, Management, Sewer, Snow Removal, Water
  • HOA Condo Co-Op Rules: Parking, Pets - Allowed
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 163640.00
  • Land Assessed Value: 60000.00
  • Property Condition: Very Good
  • Year Assessed: 2014

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16568642
  • Tax Annual Amount: 2583.04
  • Assessor Parcel Number: 018407742004
  • Tax Total Finished Sq Ft: 1138
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 02/05/2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2014
Closed on
Feb 5, 2015
Sold by
Song Grace H
Bought by
Lette Stephen
Seller's Agent
Michael Chang
Keller Williams Realty Centre
Buyer's Agent
John McCambridge
Samson Properties
List Price
$259,900
Sold Price
$248,000
Premium/Discount to List
-$11,900
-4.58%
Current Estimated Value
$394,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,955
Avg. Annual Appreciation
4.59%
Original Mortgage
$210,800
Outstanding Balance
$162,400
Interest Rate
3.84%
Mortgage Type
New Conventional
Estimated Equity
$237,312

Purchase Details

Listed on
Jul 7, 2014
Closed on
Aug 15, 2014
Sold by
Estate Of Joan A Obser
Bought by
Song Grace H
Seller's Agent
Amadu Forna
Metro Houses Real Estate Services
Buyer's Agent
Michael Chang
Keller Williams Realty Centre
List Price
$239,900
Sold Price
$220,000
Premium/Discount to List
-$19,900
-8.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.13%

Purchase Details

Closed on
May 13, 1998
Sold by
Potomac Housing Assoc Lp
Bought by
Obser + Anne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,800
Interest Rate
7.08%
Mortgage Type
New Conventional
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
Lette Stephen $248,000 --
Song Grace H $210,000 --
Obser + Anne C $118,760 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lette Stephen $210,800
Previous Owner Obser + Anne C $112,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2015 02/05/15 Sold $248,000 -0.8% $218 / Sq Ft
01/20/2015 01/20/15 Pending -- -- --
10/01/2014 10/01/14 Price Changed $250,000 -3.8% $220 / Sq Ft
09/05/2014 09/05/14 For Sale $259,900 +18.1% $228 / Sq Ft
09/01/2014 09/01/14 Sold $220,000 -4.3% $218 / Sq Ft
08/08/2014 08/08/14 Pending -- -- --
07/24/2014 07/24/14 Price Changed $229,900 -4.2% $228 / Sq Ft
07/07/2014 07/07/14 For Sale $239,900 -- $238 / 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 $2,821 $350,470 $115,000 $235,470
2024 $3,002 $347,070 $115,000 $232,070
2023 $2,908 $332,330 $115,000 $217,330
2022 $2,810 $315,730 $95,000 $220,730
2021 $2,728 $278,380 $75,000 $203,380
2020 $2,644 $255,420 $60,000 $195,420
2019 $2,610 $249,740 $60,000 $189,740
2018 $2,624 $241,800 $60,000 $181,800
2017 $2,660 $236,400 $60,000 $176,400
2016 $2,652 $231,640 $0 $0
2015 $2,538 $163,630 $0 $163,630
2014 $2,583 $163,640 $0 $163,640
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Michael Chang

    Keller Williams Realty Centre

    Section Image
  • John McCambridge

    Buyer's Agent in 2015

    John McCambridge

    Samson Properties

    (703) 430-4234

    22 in this area

    197 Total Sales

    John McCambridge
    Section Image
  • Amadu Forna

    Seller's Agent in 2014

    Amadu Forna

    Metro Houses Real Estate Services

    (301) 258-3477

    84 Total Sales

    Amadu Forna
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003194432

Bright MLS

APN: 018-40-7742-004

Virginia Loudoun County Sterling 20165

20451 Chesapeake Square Unit 103, Sterling, VA

This home is located at 20451 Chesapeake Square Unit 103, Sterling, VA 20165 since 05 September 2014 and is currently estimated at $394,955, approximately $347 per square foot. This property was built in 1997. 20451 Chesapeake Square Unit 103 is a home located in Loudoun County with nearby schools including Potowmack Elementary School, River Bend Middle School, and Potomac Falls High School.

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