NOT LISTED FOR SALE

20745 Royal Palace Square Unit 422 Sterling, VA 20165

Estimated Value: $453,000 - $477,870

2 Beds
2 Baths
1,692 Sq Ft
$719/mo HOA Fee

Last Sold October 07, 2022

Last sale price $425,000 $251 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,558/month

Highlights

  • Fitness Center
  • Gourmet Kitchen
  • Open Floorplan
  • Senior Living
  • View of Trees or Woods
  • Clubhouse

About This Home

As of October 2022

WELCOME HOME to this stunning condo located in the desired 55+ Central Parke at Lowes Island community. Enjoy luxury living at its best, with endless amenities. The owner's suite features a large bedroom with a separate sitting area that leads to the balcony. This suite also boasts a large walk-in closet (with 2 additional closets,) a large bathroom with double sinks, walk-in shower and linen closet. You will love the open floorplan, gourmet kitchen with new appliances and large breakfast bar and pantry. Enjoy your separate dining room with chair and crown molding. The spacious living room has a gas fireplace with mantle, crown molding and access to the balcony. There is plenty of space for guest in the additional bedroom with walk-in closet and full bathroom. The laundry room is conveniently located in the hallway with a full-sized washer and dryer. A one-car garage which includes a large storage area conveys with the condo along with enough space for another car to park in the carport area leading to the garage. There is ample additional parking within the community. The Central Parke at Lowes Island community features an outdoor pool, clubhouse and all the amenities of Cascades/Lowes Island, some of which include, tennis courts, 5 pools, tot-lots, work-out room, walking paths and more.
UPGRADES INCLUDE: New LVP flooring 2021, new HVAC and Hot Water Tank 2021, new paint 2021, new stainless-steel appliances 2022, new light fixtures 2021.
Inside Access to the garage and storage is located on the basement level (Door #422)

Last Agent to Sell the Property

Sheila Mackey

Samson Properties License #0225249243 Listed on: 09/16/2022

Samson Properties

Last Buyer's Agent

Sarah Picot

Corcoran McEnearney License #SP400002204

Corcoran McEnearney

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,168

Year Built

  • Built in 2004

HOA Fees

Parking

  • 1 Car Direct Access Garage
  • 1 Attached Carport Space
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,692 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Chair Railings
  • Crown Molding
  • Ceiling Fan
  • Self Contained Fireplace Unit Or Insert
  • Fireplace With Glass Doors
  • Fireplace Mantel
  • Gas Fireplace
  • Sitting Room
  • Living Room
  • Dining Room
  • Views of Woods

Kitchen

  • Gourmet Kitchen
  • Stove
  • Cooktop
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Dryer

Schools

  • Lowes Island Elementary School
  • Seneca Ridge Middle School
  • Dominion High School

Utilities

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

Additional Features

  • Accessible Elevator Installed
  • Balcony
  • Property is in excellent condition

Listing and Financial Details

  • Assessor Parcel Number 007478359022

Community Details

Overview

  • Senior Living
  • Association fees include common area maintenance, exterior building maintenance, management, pool(s), recreation facility, reserve funds, sewer, snow removal, trash, water
  • Senior Community | Residents must be 55 or older
  • Central Parke HOA And Cascades Association
  • Low-Rise Condominium
  • Central Parke Condominimum Condos
  • Central Parke At Lowes Island Subdivision, Georgetown Floorplan
  • Central Parke At Lowes Island Community

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Community Basketball Court
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,168

Year Built

Built in 2004

Lot Details

0

HOA Fees

$719 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-09-16
  • Year Built: 2004
  • Automatically Close On Close Date: Yes
  • Remarks Public: WELCOME HOME to this stunning condo located in the desired 55+ Central Parke at Lowes Island community. Enjoy luxury living at its best, with endless amenities. The owner's suite features a large bedroom with a separate sitting area that leads to the balcony. This suite also boasts a large walk-in closet (with 2 additional closets,) a large bathroom with double sinks, walk-in shower and linen closet. You will love the open floorplan, gourmet kitchen with new appliances and large breakfast bar and pantry. Enjoy your separate dining room with chair and crown molding. The spacious living room has a gas fireplace with mantle, crown molding and access to the balcony. There is plenty of space for guest in the additional bedroom with walk-in closet and full bathroom. The laundry room is conveniently located in the hallway with a full-sized washer and dryer. A one-car garage which includes a large storage area conveys with the condo along with enough space for another car to park in the carport area leading to the garage. There is ample additional parking within the community. The Central Parke at Lowes Island community features an outdoor pool, clubhouse and all the amenities of Cascades/Lowes Island, some of which include, tennis courts, 5 pools, tot-lots, work-out room, walking paths and more. UPGRADES INCLUDE: New LVP flooring 2021, new HVAC and Hot Water Tank 2021, new paint 2021, new stainless-steel appliances 2022, new light fixtures 2021. Inside Access to the garage and storage is located on the basement level (Door #422)
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer, Icemaker, Refrigerator, Stove, Trash Compactor
  • Entry Floor: 4
  • Interior Amenities: Carpet, Ceiling Fan(s), Chair Railings, Crown Moldings, Dining Area, Floor Plan - Open, Kitchen - Gourmet, Pantry, Primary Bath(s), Walk-In Closet(s), Wood Floors
  • Fireplace Features: Fireplace - Glass Doors, Gas/Propane, Insert, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Kitchen, Primary Bathroom
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1692
  • Living Area Sq Ft: 1692
  • Price Per Sq Ft: 236.35
  • Above Grade Finished Sq Ft: 1692
  • 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
  • Construction Materials: Brick, Vinyl Siding
  • 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: Garage Door Opener, Inside Access
  • Attached Carport Spaces: 1
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Carport, Attached Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 268.07
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 451.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Central Parke Condominimum
  • HOA Condo Co-Op Amenities: Basketball Courts, Club House, Common Grounds, Exercise Room, Fitness Center, Pool - Outdoor, Retirement Community, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Management, Pool(s), Recreation Facility, Reserve Funds, Sewer, Snow Removal, Trash, Water
  • HOA Name: CENTRAL PARKE HOA AND CASCADES ASSOCIATION
  • HOA: Yes
  • Senior Community Age Requirement: 55
  • Senior Community: Yes

Schools

  • School District: LOUDOUN COUNTY PUBLIC SCHOOLS
  • Elementary School: LOWES ISLAND
  • Middle School: SENECA RIDGE
  • High School: DOMINION
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121139189813
  • School District Source: Listing Agent
  • Elementary School: LOWES ISLAND
  • High School: DOMINION
  • Middle Or Junior School: SENECA RIDGE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 245960.00
  • Land Assessed Value: 110000.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: PDH4
  • In City Limits: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 16611109
  • Tax Annual Amount: 3168.00
  • Assessor Parcel Number: 007478359022
  • Tax Total Finished Sq Ft: 1692
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 10/07/2022

MLS Schools

  • School District Name: LOUDOUN COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2022
Closed on
Oct 7, 2022
Sold by
Kinik Frank J and Kinik Catherine A
Bought by
Coogan Margaret and Montana Stephen
Seller's Agent
Sheila Mackey
Samson Properties
Buyer's Agent
Sarah Picot
Corcoran McEnearney
List Price
$399,900
Sold Price
$425,000
Premium/Discount to List
$25,100
6.28%
Views
1
Current Estimated Value
$460,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,718
Avg. Annual Appreciation
3.00%

Purchase Details

Listed on
Apr 6, 2021
Closed on
Apr 26, 2021
Sold by
Petruzzo Stephen E and Petruzzo Stephen E
Bought by
Kinik Frank J and Kinik Catherin A
Seller's Agent
Tanya Johnson
Keller Williams Realty
Buyer's Agent
Sheila Mackey
Samson Properties
List Price
$355,000
Sold Price
$357,000
Premium/Discount to List
$2,000
0.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.78%
Original Mortgage
$321,300
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 23, 2004
Sold by
Beazer Homes Corp
Bought by
Lakshminarayana Saroja

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,200
Interest Rate
5.75%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Coogan Margaret $425,000 Chicago Title
Kinik Frank J $357,000 Psr Title Llc
Lakshminarayana Saroja $309,328 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kinik Frank J $321,300
Previous Owner Lakshminarayana Saroja $247,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2022 10/07/22 Sold $425,000 +6.3% $251 / Sq Ft
09/17/2022 09/17/22 Pending -- -- --
09/16/2022 09/16/22 For Sale $399,900 +12.0% $236 / Sq Ft
04/26/2021 04/26/21 Sold $357,000 +0.6% $211 / Sq Ft
04/06/2021 04/06/21 For Sale $355,000 -- $210 / 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 $3,398 $392,800 $135,000 $257,800
2023 $3,455 $394,800 $115,000 $279,800
2022 $3,168 $355,960 $110,000 $245,960
2021 $3,194 $325,960 $80,000 $245,960
2020 $3,234 $312,420 $80,000 $232,420
2019 $3,196 $305,880 $65,000 $240,880
2018 $3,319 $305,880 $65,000 $240,880
2017 $3,555 $316,040 $65,000 $251,040
2016 $3,619 $316,040 $0 $0
2015 $3,587 $251,040 $0 $251,040
2014 $3,541 $241,570 $0 $241,570
Source: Public Records

Agents Affiliated with this Home

  • Sheila Mackey

    Seller's Agent in 2022

    Sheila Mackey

    Samson Properties

    (703) 915-0221

    2 in this area

    50 Total Sales

    Sheila Mackey
    Section Image
  • Sarah Picot

    Buyer's Agent in 2022

    Sarah Picot

    McEnearney Associates

    (202) 251-5635

    1 in this area

    83 Total Sales

    Sarah Picot
    Section Image
  • Tanya Johnson

    Seller's Agent in 2021

    Tanya Johnson

    Keller Williams Realty

    (703) 856-7466

    16 in this area

    257 Total Sales

    Tanya Johnson
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: VALO2036528

Bright MLS

APN: 007-47-8359-022

Virginia Loudoun County Sterling 20165

20745 Royal Palace Square Unit 422, Sterling, VA

This home is located at 20745 Royal Palace Square Unit 422, Sterling, VA 20165 since 16 September 2022 and is currently estimated at $460,718, approximately $272 per square foot. This property was built in 2004. 20745 Royal Palace Square Unit 422 is a home located in Loudoun County with nearby schools including Lowes Island Elementary School, Seneca Ridge Middle School, and Dominion High School.

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