NOT LISTED FOR SALE

20620 Hope Spring Terrace Unit 405 Ashburn, VA 20147

Estimated Value: $517,000 - $556,000

2 Beds
2 Baths
1,632 Sq Ft
$564/mo HOA Fee

Last Sold August 15, 2022

Last sale price $485,000 $297 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,766/month

22 Days on Market

Highlights

  • Senior Living
  • Community Indoor Pool
  • Meeting Room
  • Gated Community
  • Tennis Courts
  • Jogging Path

About This Home

As of August 2022

Spectacular Top Level (4th floor) Corner Condo Residence in gorgeous Potomac Green. Highly desirable CLARION model is one of the largest condo models in the community. This residence has 2 spacious bedrooms and 2 full baths, PLUS 2 covered balconies overlooking common amenities. Featuring a Gourmet Kitchen with an abundance of cabinetry, a generous size Center Island, Granite countertops, Pantry and Stainless Steel Appliances. Separate Dining room and Living room spaces to enjoy while maintaining an open floor plan. Plantation shutters, hardwood flooring, and every upgrade possible throughout this gorgeous condo. The Primary bedroom suite with attached full bath, dual vanities and enormous walk-in closet. Large Secondary bedroom with double door closet and ideal for guests. There is a separate laundry room with full size Washer and Dryer. This unit also has an OVERSIZED garage, plus driveway space and extension for storage. Potomac Green is a 55+ community with tons of amenities and shopping, farmer’s markets, restaurants & movies are just down the street.

Last Agent to Sell the Property

Allison Taylor

Redfin Corporation License #0225196423 Listed on: 06/17/2022

Redfin Corporation

Last Buyer's Agent

Cathy Howell

Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,789

Year Built

  • Built in 2015

HOA Fees

Parking

  • Assigned Parking Garage Space
  • Garage Door Opener

Home Design

  • Stone Siding

Interior Spaces

  • 1,632 Sq Ft Home
  • Property has 1 Level
  • Window Treatments

Kitchen

  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 058291023023

Community Details

Overview

  • Senior Living
  • $250 Elevator Use Fee
  • $535 Capital Contribution Fee
  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, management, pool(s), recreation facility, security gate, sewer, snow removal, trash, water
  • Senior Community | Residents must be 55 or older
  • First Service HOA
  • Low-Rise Condominium
  • Potomac Green Condominium Community
  • Potomac Green Condominium Subdivision

Amenities

  • Meeting Room
  • Party Room
  • Art Studio
  • Recreation Room

Recreation

  • Tennis Courts
  • Community Playground
  • Community Indoor Pool
  • Jogging Path

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,789

Year Built

Built in 2015

Lot Details

0

HOA Fees

$564 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-06-17
  • Year Built: 2015
  • Automatically Close On Close Date: No
  • Remarks Public: Spectacular Top Level (4th floor) Corner Condo Residence in gorgeous Potomac Green. Highly desirable CLARION model is one of the largest condo models in the community. This residence has 2 spacious bedrooms and 2 full baths, PLUS 2 covered balconies overlooking common amenities. Featuring a Gourmet Kitchen with an abundance of cabinetry, a generous size Center Island, Granite countertops, Pantry and Stainless Steel Appliances. Separate Dining room and Living room spaces to enjoy while maintaining an open floor plan. Plantation shutters, hardwood flooring, and every upgrade possible throughout this gorgeous condo. The Primary bedroom suite with attached full bath, dual vanities and enormous walk-in closet. Large Secondary bedroom with double door closet and ideal for guests. There is a separate laundry room with full size Washer and Dryer. This unit also has an OVERSIZED garage, plus driveway space and extension for storage. Potomac Green is a 55+ community with tons of amenities and shopping, farmer’s markets, restaurants & movies are just down the street.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dryer, Washer, Microwave, Stove, Icemaker, Refrigerator, Dishwasher, Disposal
  • Entry Floor: 4
  • Interior Amenities: Window Treatments
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1632
  • Living Area Sq Ft: 1632
  • Price Per Sq Ft: 306.37
  • Above Grade Finished Sq Ft: 1632
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 20620

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, Below Grade
  • Construction Materials: Stone
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage Door Opener
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 1

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: 266.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 298.00
  • Condo Co-Op Fee Frequency: Monthly
  • Elevator Use Fee: 250.00
  • HOA Condo Co-Op Amenities: Art Studio, Elevator, Gated Community, Jog/Walk Path, Meeting Room, Party Room, Pool - Indoor, Pool - Outdoor, Recreational Center, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Pool(s), Recreation Facility, Security Gate, Sewer, Snow Removal, Trash, Water
  • HOA Name: FIRST SERVICE
  • HOA: Yes
  • Senior Community Age Requirement: 55
  • Senior Community: Yes

Fee Information

  • Capital Contribution Fee: 535.00

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: 305700.00
  • Land Assessed Value: 120000.00
  • Year Assessed: 2022
  • Zoning: PDAAAR
  • In City Limits: No

Rental Info

  • Pets: Cats Ok, Dogs Ok, Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16645036
  • Tax Annual Amount: 3789.00
  • Assessor Parcel Number: 058291023023
  • Tax Total Finished Sq Ft: 1632
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 08/15/2022

MLS Schools

  • School District Name: LOUDOUN COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2022
Closed on
Aug 11, 2022
Sold by
Reilly Daniel J and Livi Kathleen
Bought by
Venkatesh Family Trust
Seller's Agent
Allison Taylor
Redfin Corporation
Buyer's Agent
Cathy Howell
Compass
List Price
$499,999
Sold Price
$485,000
Premium/Discount to List
-$14,999
-3%
Current Estimated Value
$517,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,958
Avg. Annual Appreciation
2.93%
Source: Public Records

Range of Values:

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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
Venkatesh Family Trust $485,000 Daisy & Collins Llp
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2022 08/15/22 Sold $485,000 -3.0% $297 / Sq Ft
07/10/2022 07/10/22 Pending -- -- --
06/17/2022 06/17/22 For Sale $499,999 -- $306 / 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 $4,108 $474,870 $130,000 $344,870
2023 $4,055 $463,450 $130,000 $333,450
2022 $3,789 $425,700 $120,000 $305,700
2021 $4,232 $431,820 $100,000 $331,820
2020 $4,233 $408,970 $100,000 $308,970
2019 $4,172 $399,230 $100,000 $299,230
2018 $4,332 $399,230 $100,000 $299,230
2017 $4,510 $400,890 $100,000 $300,890
2016 $4,400 $384,270 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VALO2029892

Bright MLS

APN: 058-29-1023-023