NOT LISTED FOR SALE

20751 Royal Palace Square Unit 425 Sterling, VA 20165

Estimated Value: $474,000 - $495,000

2 Beds
2 Baths
1,954 Sq Ft
$698/mo HOA Fee

Last Sold September 27, 2022

Last sale price $427,500 $219 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,536/month

Highlights

  • Fitness Center
  • Gourmet Kitchen
  • Traditional Floor Plan
  • Active Adult
  • Contemporary Architecture
  • 5-minute walk to WCC Playground

About This Home

As of September 2022

Don't miss this bright and beautiful penthouse unit in sought after Central Parke at Lowes Island! Two bedrooms and two full baths. Open and airy floorplan with two-sided fireplace. Living and dining areas both access covered deck. Upgraded and spacious kitchen with stainless appliances and brand new custom quartz counters, perfect for entertaining. Primary suite with sitting room and bath. Roomy secondary bedroom with full bath. Private parking garage and storage room at rear of building. Central Parke features a pool and clubhouse and also has accesss to the many Cascades community amenities. Conveniently located close to shopping and dining, Route 7 and Reston.

Last Agent to Sell the Property

Lisa Clippinger

(571) 209-7828 lfclippinger@gmail.com Pearson Smith Realty, LLC Listed on: 08/13/2022

Pearson Smith Realty, LLC

Last Buyer's Agent

Francine Harmon

(703) 593-1477 Francine@c21redwood.com Century 21 Redwood Realty

Century 21 Redwood Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,726

Year Built

  • Built in 2004

HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Basement Garage
  • Parking Storage or Cabinetry
  • Rear-Facing Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Entry on the 4th floor
  • Vinyl Siding

Interior Spaces

  • 1,954 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Double Sided Fireplace
  • Formal Dining Room

Kitchen

  • Gourmet Kitchen
  • Gas Oven or Range
  • Built-In Range
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

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

Additional Features

  • Accessible Elevator Installed
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 2425
  • Assessor Parcel Number 007478680025

Community Details

Overview

  • Active Adult
  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance, management, pool(s), recreation facility, reserve funds, snow removal, trash
  • Senior Community | Residents must be 55 or older
  • Cascades Community Association, Phone Number (703) 435-3800
  • Low-Rise Condominium
  • Central Parke At Lowes Island Condos
  • Built by BEAZER HOMES
  • Central Parke At Lowes Island Community
  • Central Parke At Lowes Island Subdivision
  • Property Manager

Amenities

  • Common Area
  • Community Center
  • Recreation Room
  • Elevator

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Jogging Path

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,726

Year Built

Built in 2004

Lot Details

0

HOA Fees

$698 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-08-16
  • Federal Flood Zone: No
  • Year Built: 2004
  • Automatically Close On Close Date: No
  • Remarks Public: Don't miss this bright and beautiful penthouse unit in sought after Central Parke at Lowes Island! Two bedrooms and two full baths. Open and airy floorplan with two-sided fireplace. Living and dining areas both access covered deck. Upgraded and spacious kitchen with stainless appliances and brand new custom quartz counters, perfect for entertaining. Primary suite with sitting room and bath. Roomy secondary bedroom with full bath. Private parking garage and storage room at rear of building. Central Parke features a pool and clubhouse and also has accesss to the many Cascades community amenities. Conveniently located close to shopping and dining, Route 7 and Reston.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Stove, Washer
  • Entry Floor: 4
  • Interior Amenities: Ceiling Fan(s), Elevator, Crown Moldings, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Gourmet, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Walk-In Closet(s)
  • Fireplace Features: Double Sided
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1954
  • Living Area Sq Ft: 1954
  • Price Per Sq Ft: 225.18
  • Above Grade Finished Sq Ft: 1954
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 20751

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: Vinyl Siding
  • Exterior Features: Exterior Lighting, Satellite Dish, Sidewalks, Street Lights
  • 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, Basement Garage, Covered Parking, Garage - Rear Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • 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
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 499.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 199.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Central Parke at Lowes Island
  • HOA Condo Co-Op Amenities: Common Grounds, Community Center, Elevator, Exercise Room, Jog/Walk Path, Pool - Outdoor, Recreational Center, Swimming Pool, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Pool(s), Recreation Facility, Reserve Funds, Snow Removal, Trash
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Name: CASCADES COMMUNITY ASSOCIATION
  • HOA Phone: (703) 435-3800
  • HOA: Yes
  • Senior Community Age Requirement: 55
  • Senior Community: Yes
  • Community Pool Features: Fenced, In Ground

Schools

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

Lot Info

  • Agricultural District: 00
  • Improvement Assessed Value: 270250.00
  • Land Assessed Value: 110000.00
  • Year Assessed: 2022
  • Zoning: 18
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Building Info

  • Builder Name: BEAZER HOMES

Rental Info

  • Ground Rent Exists: No
  • Pets: Cats Ok, Dogs Ok, Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 16611072
  • Tax Annual Amount: 3726.00
  • Assessor Parcel Number: 007478680025
  • Tax Lot: 2425
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 09/27/2022

MLS Schools

  • School District Name: LOUDOUN COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2022
Closed on
Sep 27, 2022
Sold by
Kimberly Kim
Bought by
Jack R Gillespie Revocable Trust
Seller's Agent
Lisa Clippinger
Pearson Smith Realty, LLC
Buyer's Agent
Francine Harmon
Century 21 Redwood Realty
List Price
$440,000
Sold Price
$427,500
Premium/Discount to List
-$12,500
-2.84%
Views
19
Current Estimated Value
$481,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,238
Avg. Annual Appreciation
4.33%

Purchase Details

Closed on
Oct 21, 2004
Sold by
Beazer Homes Corp
Bought by
Chen Pei-Chuan
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
Jack R Gillespie Revocable Trust $427,500 Highland Title & Escrow
Chen Pei-Chuan $330,975 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2022 09/27/22 Sold $427,500 -2.8% $219 / Sq Ft
08/27/2022 08/27/22 Pending -- -- --
08/13/2022 08/13/22 For Sale $440,000 +7.3% $225 / Sq Ft
04/28/2022 04/28/22 Sold $410,000 +5.2% $210 / Sq Ft
04/10/2022 04/10/22 Pending -- -- --
04/07/2022 04/07/22 For Sale $389,900 -- $200 / 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

  • L

    Seller's Agent in 2022

    Lisa Clippinger

    Pearson Smith Realty, LLC

    (571) 209-7828

    2 in this area

    18 Total Sales

    Lisa Clippinger
    Section Image
  • Julie Zimmermann

    Seller's Agent in 2022

    Julie Zimmermann

    Century 21 Redwood Realty

    (310) 908-2721

    1 in this area

    46 Total Sales

    Julie Zimmermann
    Section Image
  • Francine Harmon

    Buyer's Agent in 2022

    Francine Harmon

    Century 21 Redwood Realty

    (703) 593-1477

    2 in this area

    48 Total Sales

    Francine Harmon
    Section Image
  • Jenny Rosen

    Buyer's Agent in 2022

    Jenny Rosen

    Pearson Smith Realty, LLC

    (703) 829-6770

    1 in this area

    30 Total Sales

    Jenny Rosen
    Section Image
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Map

Source: Bright MLS

MLS Number: VALO2034414

Bright MLS

APN: 007-47-8680-025

Virginia Loudoun County Sterling 20165

20751 Royal Palace Square Unit 425, Sterling, VA

This home is located at 20751 Royal Palace Square Unit 425, Sterling, VA 20165 since 13 August 2022 and is currently estimated at $481,738, approximately $246 per square foot. This property was built in 2004. 20751 Royal Palace Square Unit 425 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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