NOT LISTED FOR SALE

20745 Royal Palace Square Unit 318 Sterling, VA 20165

Estimated Value: $470,000 - $473,000

2 Beds
2 Baths
1,954 Sq Ft
$936/mo HOA Fee

Last Sold October 01, 2024

Last sale price $457,500 $234 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,711/month

39 Days on Market

Highlights

  • Fitness Center
  • View of Trees or Woods
  • Wood Flooring
  • Active Adult
  • Clubhouse
  • Main Floor Bedroom

About This Home

As of October 2024

New Price! Must see! A beautiful, freshly painted, lightly used condominium is now available at Central Parke at Lowes Island. This condo complex is an over 55, active adult living complex. This condo has an open floor plan with a warm feel. This two-bedroom, two-bathroom condo is spacious and well maintained. The two sided gas fireplace straddles the family and dining room and has direct access to a beautiful balcony via two separate French doors that create a lovely flow throughout the open main area. You will enjoy beautiful sunsets and a view of the mountains on a clear day. There is plenty of living space in this 1954 square foot condo. Perfect for entertaining or just relaxing. Wake up to fresh air and coffee or cocktails on the balcony enjoying the sounds of nature! The large custom kitchen with cabinetry enhancements is unique and boasts a large island, has a built-in table (great for breakfast or lunches) and has an abundance of cabinetry along the kitchen wall. This kitchen has plenty of room for multiple cooks in the kitchen at one time! In addition, the unit has its own large laundry room with a full size washer and dryer, extra storage and a second refrigerator. The home has its own one car garage with a portico and ample storage in the basement. One of the largest storage areas available. Elevator building.

2016 Full Indoor/Outdoor Trane HVAC System Installed
2018 New refrigerator in kitchen
2017 New Hot Water heater

Central Parke at Lowes Island has an array of amenities for an active adult community including: a clubhouse, game room, library, fitness center, swimming pool with lap lane, walking trails, and social activities. This active community is nestled in a serene area yet is in a metropolitan area with convenient access to grocery stores, great restaurants (Reston Town Center), shopping (Dulles Town Center and Tysons Corner malls). It also has direct access to the Fairfax County Parkway, RT 7, Dulles Toll Road, Rt 28, and 495 (the capital beltway).

Living at Central Park at Lowes Island you will also have access to all the amenities of the Cascades/Lowes Island Community with multiple pools, tennis and pickleball courts, and much more. You will love living at the Central Parke at Lowes Island! Come experience luxury living in a stress free environment! This is what you've been looking for so don't wait to see this beautiful condo.

Last Agent to Sell the Property

Julie Nirschl

(703) 635-9446 julie@longandfoster.com Long & Foster Real Estate, Inc. Listed on: 06/27/2024

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Pascale Karam

(703) 472-3749 pascalekaram@gmail.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,758

Year Built

  • Built in 2004

HOA Fees

Parking

  • 1 Car Direct Access Garage
  • 1 Driveway Space
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Garage Door Opener
  • Parking Lot

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 1,954 Sq Ft Home
  • Property has 1 Level
  • Chair Railings
  • Crown Molding
  • Tray Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Marble Fireplace
  • Gas Fireplace
  • French Doors
  • Entrance Foyer
  • Family Room Off Kitchen
  • Formal Dining Room
  • Views of Woods

Kitchen

  • Eat-In Kitchen
  • Stove
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Accessible Elevator Installed
  • Doors with lever handles

Utilities

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

Additional Features

  • Balcony
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 007478359018

Community Details

Overview

  • Active Adult
  • $250 Elevator Use Fee
  • $1,008 Capital Contribution Fee
  • Association fees include exterior building maintenance, insurance, management, recreation facility, reserve funds, road maintenance, snow removal, trash, water, common area maintenance, custodial services maintenance
  • Active Adult | Residents must be 55 or older
  • Cascades Community Association
  • Central Park At Lowes Island Condos
  • Built by Beezer
  • Central Parke At Lowes Island Subdivision, Chesapeake Floorplan
  • Central Parke At Lowes Island Community
  • Property Manager

Amenities

  • Common Area
  • Clubhouse
  • Game Room
  • Meeting Room
  • Party Room
  • Community Dining Room
  • Recreation Room

Recreation

  • Golf Course Membership Available
  • Tennis Courts
  • Community Basketball Court
  • Volleyball Courts
  • Community Playground
  • Fitness Center
  • Lap or Exercise Community Pool
  • Community Spa
  • Jogging Path
  • Bike Trail

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Security Service
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,758

Year Built

Built in 2004

Lot Details

0

HOA Fees

$936 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Architectural Style: Unit/Flat
  • Accessibility Features: Doors - Lever Handle(s), Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-06-28
  • Year Built: 2004
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Stove, Washer, Water Heater, Refrigerator, Extra Refrigerator/Freezer, Dryer
  • Entry Floor: 3
  • Flooring Type: Carpet, Hardwood, Ceramic Tile
  • Interior Amenities: Family Room Off Kitchen, Formal/Separate Dining Room, Kitchen - Island, Walk-In Closet(s), Wood Floors, Carpet, Ceiling Fan(s), Chair Railings, Crown Moldings, Entry Level Bedroom, Kitchen - Eat-In, Primary Bath(s), Recessed Lighting, Bathroom - Tub Shower
  • Fireplace Features: Marble, Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: French
  • Wall Ceiling Types: Tray Ceilings
  • Levels Count: 1
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Foyer, Laundry, Bathroom 2, Primary Bathroom
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1954
  • Living Area Sq Ft: 1954
  • Price Per Sq Ft: 237.97
  • Above Grade Finished Sq Ft: 1954
  • Above Grade Finished Area Units: Square Feet

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
  • Spa: No
  • View: Trees/Woods
  • 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: Additional Storage Area, Oversized, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway, Parking Lot
  • Number of Spaces in Driveway: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Main Entrance Lock, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Fees: 280.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 655.50
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Central Park at Lowes Island
  • Elevator Use Fee: 250.00
  • HOA Condo Co-Op Amenities: Bike Trail, Club House, Common Grounds, Elevator, Exercise Room, Jog/Walk Path, Party Room, Pool - Outdoor, Recreational Center, Retirement Community, Security, Tot Lots/Playground, Basketball Courts, Dining Rooms, Fitness Center, Game Room, Golf Course Membership Available, Hot Tub, Meeting Room, Tennis Courts, Volleyball Courts
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Insurance, Management, Recreation Facility, Reserve Funds, Road Maintenance, Snow Removal, Trash, Water, Common Area Maintenance, Custodial Services Maintenance
  • HOA Name: CASCADES COMMUNITY ASSOCIATION
  • HOA: Yes
  • Senior Community Age Requirement: 55
  • Senior Community: Yes
  • Association Recreation Fee: No
  • Community Pool Features: In Ground, Lap/Exercise

Fee Information

  • Capital Contribution Fee: 1008.00

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Zoning: PDH4
  • In City Limits: No

Building Info

  • Builder Name: Beezer

Rental Info

  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok, Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 3758.00
  • Assessor Parcel Number: 007478359018
  • County Tax Payment Frequency: Semi-Annually
  • Tax Data Updated: No
  • Tax Year: 2024

MLS Schools

  • School District Name: LOUDOUN COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2024
Closed on
Sep 25, 2024
Sold by
Pia A Viola Trust and Fronczak Rosann Viola
Bought by
Moukarzel Jude J and Moukarzel Gisele
Seller's Agent
Julie Nirschl
Long & Foster Real Estate, Inc.
Buyer's Agent
Pascale Karam
Long & Foster Real Estate, Inc.
List Price
$475,000
Sold Price
$457,500
Premium/Discount to List
-$17,500
-3.68%
Views
71
Current Estimated Value
$471,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,145
Avg. Annual Appreciation
2.89%
Original Mortgage
$337,500
Outstanding Balance
$334,045
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$137,600

Purchase Details

Closed on
Dec 31, 2004
Sold by
Beazer Homes Corp
Bought by
Viola Eligio
Source: Public Records

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 Buyer Sale Price Title Company
Moukarzel Jude J $457,500 Double Eagle Title
Viola Eligio $329,202 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moukarzel Jude J $337,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2024 10/01/24 Sold $457,500 -1.6% $234 / Sq Ft
08/05/2024 08/05/24 Pending -- -- --
07/26/2024 07/26/24 Price Changed $465,000 -2.1% $238 / Sq Ft
06/27/2024 06/27/24 For Sale $475,000 -- $243 / 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 $3,530 $438,470 $135,000 $303,470
2024 $3,759 $434,560 $135,000 $299,560
2023 $3,627 $414,560 $115,000 $299,560
2022 $3,384 $380,250 $110,000 $270,250
2021 $3,528 $360,020 $80,000 $280,020
2020 $3,625 $350,250 $80,000 $270,250
2019 $3,628 $347,200 $75,000 $272,200
2018 $3,555 $327,660 $75,000 $252,660
2017 $3,972 $353,070 $75,000 $278,070
2016 $4,043 $353,070 $0 $0
2015 $4,029 $280,020 $0 $280,020
2014 $3,880 $260,930 $0 $260,930
Source: Public Records

Agents Affiliated with this Home

  • Julie Nirschl

    Seller's Agent in 2024

    Julie Nirschl

    Long & Foster

    (703) 635-9446

    3 in this area

    73 Total Sales

    Julie Nirschl
    Section Image
  • Pascale Karam

    Buyer's Agent in 2024

    Pascale Karam

    Long & Foster

    (703) 472-3749

    1 in this area

    102 Total Sales

    Pascale Karam
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: VALO2073370

Bright MLS

APN: 007-47-8359-018

Virginia Loudoun County Sterling 20165

20745 Royal Palace Square Unit 318, Sterling, VA

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