NOT LISTED FOR SALE

20751 Royal Palace Square Unit 423 Sterling, VA 20165

Estimated Value: $476,000 - $495,000

3 Beds
2 Baths
1,816 Sq Ft
$780/mo HOA Fee

Last Sold May 03, 2024

Last sale price $464,000 $256 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,775/month

60 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Contemporary Architecture
  • Senior Living
  • Clubhouse
  • 5-minute walk to WCC Playground

About This Home

As of May 2024

Lovely spacious and bright and very sunny condo. 3 bedrooms, 2 full baths, top floor condo in a 55 or better senior neighborhood (1 owner must be 55 or more). Secure building welcomes you with a beautiful lobby. Home with 2 attached garages plus an extra storage room. YOU have access to ALL Cascades amenities. Complex has its own pool, exercise room, clubhouse and more.

Last Agent to Sell the Property

Dina Azzam

RE/MAX Distinctive Real Estate, Inc. License #0225093372 Listed on: 01/31/2024

RE/MAX Distinctive Real Estate, Inc.

Last Buyer's Agent

Frank Schofield

Summit Realtors License #639180

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,522

Year Built

  • Built in 2004

Lot Details

  • Property is in very good condition

HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Storage or Cabinetry
  • Rear-Facing Garage
  • Side Facing Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,816 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • 1 Fireplace
  • Formal Dining Room
  • Breakfast Area or Nook
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Accessible Elevator Installed
  • Halls are 48 inches wide or more
  • Doors with lever handles
  • Level Entry For Accessibility

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 007478680023

Community Details

Overview

  • Senior Living
  • $1,280 Capital Contribution Fee
  • Association fees include exterior building maintenance, lawn maintenance, insurance, pool(s), recreation facility, road maintenance, snow removal, trash, water
  • $137 Other Monthly Fees
  • Senior Community | Residents must be 55 or older
  • Lowes Island / Cascades HOA
  • Low-Rise Condominium
  • Central Parke Condos
  • Central Parke At Lowes Island Subdivision

Amenities

  • Common Area
  • Clubhouse
  • Community Center
  • Meeting Room
  • Party Room
  • 1 Elevator

Recreation

  • Golf Course Membership Available
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Jogging Path

Pet Policy

  • Dogs and Cats Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,522

Year Built

Built in 2004

Lot Details

0

HOA Fees

$780 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: 36"+ Wide Halls, 48"+ Halls, Elevator, Doors - Lever Handle(s), Level Entry - Main
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-01-31
  • Year Built: 2004
  • Automatically Close On Close Date: No
  • Remarks Public: Lovely spacious and bright and very sunny condo. 3 bedrooms, 2 full baths, top floor condo in a 55 or better senior neighborhood (1 owner must be 55 or more). Secure building welcomes you with a beautiful lobby. Home with 2 attached garages plus an extra storage room. YOU have access to ALL Cascades amenities. Complex has its own pool, exercise room, clubhouse and more.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 4
  • Interior Amenities: Breakfast Area, Floor Plan - Open, Floor Plan - Traditional, Formal/Separate Dining Room
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Elevators Count: 1
  • Wall Ceiling Types: 9'+ Ceilings
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1816
  • Living Area Sq Ft: 1816
  • Price Per Sq Ft: 263.22
  • Above Grade Finished Sq Ft: 1816
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 20751

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • 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, Combination
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry, Garage - Rear Entry, Additional Storage Area
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

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
  • Security: Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 276.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 504.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Central Parke
  • HOA Condo Co-Op Amenities: Elevator, Club House, Common Grounds, Community Center, Exercise Room, Golf Course Membership Available, Jog/Walk Path, Meeting Room, Party Room, Pool - Outdoor, Tennis Courts, Tot Lots/Playground, Security
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Lawn Maintenance, Insurance, Pool(s), Recreation Facility, Road Maintenance, Snow Removal, Trash, Water
  • HOA Name: LOWES ISLAND / CASCADES
  • HOA: Yes
  • Senior Community Age Requirement: 55
  • Senior Community: Yes

Fee Information

  • Other Fees: 137.00
  • Other Fees Frequency: Monthly
  • Capital Contribution Fee: 1280.00

Schools

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

Lot Info

  • Property Condition: Very Good
  • Year Assessed: 2023
  • Zoning: PDH4
  • In City Limits: No

Rental Info

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

Tax Info

  • Tax Annual Amount: 3522.00
  • Assessor Parcel Number: 007478680023
  • Tax Total Finished Sq Ft: 1816
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 05/03/2024

MLS Schools

  • School District Name: LOUDOUN COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2014
Closed on
Dec 10, 2014
Sold by
Djuric Susan J
Bought by
Koka Trustee Mohan and Sayee Koka Revocable Trust
Seller's Agent
Kevin Carter
RE/MAX Distinctive Real Estate, Inc.
Buyer's Agent
Dina Azzam
RE/MAX Distinctive Real Estate, Inc.
List Price
$374,900
Sold Price
$352,500
Premium/Discount to List
-$22,400
-5.97%
Current Estimated Value
$483,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,920
Avg. Annual Appreciation
2.84%
Original Mortgage
$246,750
Interest Rate
3.98%
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
Koka Trustee Mohan $352,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Robert $189,000
Closed Koka Trustee Mohan $246,750
Previous Owner Djuric Susan M $91,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2024 05/03/24 Sold $464,000 -2.9% $256 / Sq Ft
03/13/2024 03/13/24 Price Changed $478,000 -0.4% $263 / Sq Ft
01/31/2024 01/31/24 For Sale $480,000 0.0% $264 / Sq Ft
02/14/2018 02/14/18 Rented $2,100 0.0% --
02/14/2018 02/14/18 Under Contract -- -- --
12/05/2017 12/05/17 For Rent $2,100 0.0% --
01/08/2016 01/08/16 Rented $2,100 -4.5% --
01/08/2016 01/08/16 Under Contract -- -- --
10/20/2015 10/20/15 For Rent $2,200 +10.0% --
02/19/2015 02/19/15 Rented $2,000 -99.4% --
02/19/2015 02/19/15 Under Contract -- -- --
12/10/2014 12/10/14 Sold $352,500 0.0% $194 / Sq Ft
12/10/2014 12/10/14 For Rent $2,000 0.0% --
10/24/2014 10/24/14 Pending -- -- --
09/30/2014 09/30/14 For Sale $374,900 -- $206 / 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 $3,749 $433,400 $135,000 $298,400
2023 $3,522 $402,500 $115,000 $287,500
2022 $3,279 $368,450 $110,000 $258,450
2021 $3,530 $360,240 $80,000 $280,240
2020 $3,559 $343,900 $80,000 $263,900
2019 $3,603 $344,790 $70,000 $274,790
2018 $3,603 $332,080 $70,000 $262,080
2017 $3,838 $341,160 $70,000 $271,160
2016 $3,906 $341,160 $0 $0
2015 $3,810 $265,710 $0 $265,710
2014 $3,759 $255,420 $0 $255,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VALO2063932

Bright MLS

APN: 007-47-8680-023