$457,500
SOLD OCT 1, 2024

20745 Royal Palace Square Unit 318 Sterling, VA 20165

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

Recently Sold

$234 Per Sq Ft

4% Below List Price

39 Days on Market

Highlights

  • Fitness Center
  • View of Trees or Woods
  • Wood Flooring
  • Senior Living
  • 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

Long & Foster Real Estate, Inc. Listed on: 06/27/2024

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Pascale Karam

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

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

  • Senior Living
  • $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
  • Senior Community | 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
  • Remarks Public: 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.
  • 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
  • Floors In Unit Count: 4
  • 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
  • Street Number Modifier: 20745

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

Lot Info

  • Horses: No
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Year Assessed: 2024
  • 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
  • Tax Total Finished Sq Ft: 1954
  • County Tax Payment Frequency: Semi-Annually
  • Tax Data Updated: No
  • Tax Year: 2024
  • Close Date: 10/01/2024

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%
Total Days on Market
39
Views
71
Current Estimated Value
$470,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,445
Avg. Annual Appreciation
3.13%
Original Mortgage
$337,500
Outstanding Balance
$335,641
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$132,417

Purchase Details

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

Similar Homes in Sterling, VA

  • 20810 Noble Terrace Unit 104, Sterling, VA 20165

    $470,000

    • 3 Beds
    • 2 Baths
    • 1,816 Sq Ft
    • 20810 Noble Terrace
    • Unit 104
    • Sterling, VA

    Welcome to this beautifully maintained, 1st-floor corner unit in the sought-after 55+ community, Central Parke at Lowes Island! Boasting 1,816 sq ft of comfortable living space, this residence features 3 spacious bedrooms, 2 full baths, and an open layout with abundant natural light from large windows. Enjoy peace of mind with a secure front door, brand new HVAC (2024) and water heater (2024),

    Kamber Petty Pearson Smith Realty, LLC

    Section Image
  • 46630 Drysdale Terrace Unit 303, Sterling, VA 20165

    $419,000

    • 2 Beds
    • 2 Baths
    • 1,423 Sq Ft
    • 46630 Drysdale Terrace
    • Unit 303
    • Sterling, VA

    Rare Top-Floor 2BR + Loft Condo with Stunning Pool Views – Only 6 Like It in the Community!Welcome to 46630 Drysdale Ter #303—a beautifully maintained 2-bedroom, 2-bathroom condo with a spacious loft and cathedral-style, double-height ceilings that bring in natural light all day long. This top-floor home is one of only six of its kind in the desirable Riverbend at Cascades community—and

    Arshia Kia EXP Realty, LLC

    Section Image
  • 46598 Drysdale Terrace Unit 302, Sterling, VA 20165

    $409,900

    • 2 Beds
    • 3 Baths
    • 1,407 Sq Ft
    • 46598 Drysdale Terrace
    • Unit 302
    • Sterling, VA

    Rarely available, this spacious 2-level corner penthouse condo in Riverbend at Cascades offers 1,405 sq ft of open, light-filled living space with soaring ceilings, 2 large bedrooms, 3 full baths, and a loft perfect for a home office, gym, or guest space. FEATURES include hardwood floors, a gas fireplace, granite countertops, stainless steel appliances, new HVAC system, a balcony with sunset

    Timothy Shamblin Coldwell Banker Premier

    Section Image
  • 20745 Royal Palace Square Unit 102, Sterling, VA 20165

    $425,000

    • 2 Beds
    • 2 Baths
    • 1,692 Sq Ft
    • 20745 Royal Palace Square
    • Unit 102
    • Sterling, VA

    This beautifully maintained first-floor home is located in a vibrant 55+ community and offers an open floor plan filled with natural light, highlighting the gorgeous hardwood floors and a cozy fireplace that invites relaxation.Enjoy cooking in the eat-in kitchen with gas cooking, then step outside to your private patio—perfect for morning coffee or quiet evenings. The oversized bathrooms

    Sarah Reynolds Keller Williams Realty

    Section Image
  • 20804 Noble Terrace Unit 208, Sterling, VA 20165

    $455,000

    • 2 Beds
    • 2 Baths
    • 1,692 Sq Ft
    • 20804 Noble Terrace
    • Unit 208
    • Sterling, VA

    Don’t miss the opportunity to view this wonderful 2 bedroom, 2 bath condo in the sought after 55+ community at Central Parke at Lowes Island. New paint throughout. New appliances in the kitchen. The unit backs to secluded woods and lovely vistas. Upon entering, you see gleaming hardwood floors and an open floor plan. There are chair rails and crown molding throughout. Large living room

    Myung Ryu S & S Realty & Investment, LLC

    Section Image
  • 46588 Drysdale Terrace Unit 203, Sterling, VA 20165

    $383,000

    • 2 Beds
    • 2 Baths
    • 1,008 Sq Ft
    • 46588 Drysdale Terrace
    • Unit 203
    • Sterling, VA

    Wonderful light filled, 2 bedroom/2 bath condo in Cascades! South facing! Split bedroom configuration! Generous sized bedrooms with large closets! Primary bathroom has soaking tub! Gas fireplace in living area! Doors lead out to long balcony with storage room! Hardwood floors thru out! Large kitchen with upgraded countertops! Lots of tall cabinets and drawers for storage! Washer and dryer in

    Dorry Kee RE/MAX Executives

    Section Image
  • 46891 Eaton Terrace Unit 101, Sterling, VA 20164

    $379,000

    • 2 Beds
    • 2 Baths
    • 1,082 Sq Ft
    • 46891 Eaton Terrace
    • Unit 101
    • Sterling, VA

    this is a 2 bedrooms and 2 full bathroom, with large room sizes and extras. All closets have been mixed out with shelves & organizers. Ceiling fans in the bdrms. Full size washer & Dryer in laundry room. The relaxing patio enjoys an expansive grassy area & distant tree line. The wonderful swimming pool is a short walk away.

    Virgilio & Maria Vasquez The Vasquez Group LLC

    Section Image
  • 106 Westwick Ct Unit 3, Sterling, VA 20165

    $449,900

    • 3 Beds
    • 3 Baths
    • 1,515 Sq Ft
    • 106 Westwick Ct
    • Unit 3
    • Sterling, VA

    Extremely Rare, Spacious 3BR/3BA Condo in a Prime Location This exceptional condo occupies the entire top floor, offering ultimate privacy with no side neighbors and no upstairs noise. Recently renovated bathrooms and in-unit laundry elevate everyday convenience, while a brand-new HVAC system, installed in 2024, ensures year-round comfort. The kitchen is designed to impress, featuring sleek

    Maseeh Exeer Compass

    Section Image
  • 110 Westwick Ct Unit 7, Sterling, VA 20165

    $338,500

    • 2 Beds
    • 2 Baths
    • 996 Sq Ft
    • 110 Westwick Ct
    • Unit 7
    • Sterling, VA

    Welcome to Villas at Countryside! Investors welcome! There is a month to month tenant in there now paying top rent. They can stay or go. This top-floor, spacious two-bedroom, two-bathroom condo has been beautifully updated with luxury vinyl plank flooring throughout, updated appliances, new windows, and an updated HVAC system. Conveniently located near shopping, dining, and major highways,

    Megan Bailey Coldwell Banker Realty

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Deed $457,500 Double Eagle Title
Special Warranty Deed $329,202 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $337,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: VALO2073370

Bright MLS

APN: 007-47-8359-018