$365,000
SOLD AUG 23, 2024

21216 Mcfadden Square Unit 407 Sterling, VA 20165

2 Beds
2 Baths
1,263 Sq Ft
$335/mo HOA Fee

Recently Sold

$289 Per Sq Ft

5% Below List Price

25 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Tennis Courts
  • Potomac Falls High School Rated A
  • Community Pool
  • Picnic Area

About This Home

As of August 2024

Investor Alert! This property is tenant-occupied until April 2025, with the tenant expressing a preference for a long-term lease. The current rent is $2,500 per month. This penthouse unit has been newly renovated with LVP flooring throughout and features 2 bedrooms, 2 bathrooms, and a LOFT. The floor plan is rarely available. The living room, with its soaring two-story ceiling, is filled with natural light. The bonus loft space overlooks the living room, providing additional living or flex space. The property is excellently located, close to all the shops and restaurants Cascades has to offer, with easy access to major commuter roads such as Rt 7 and Rt 28.

Last Agent to Sell the Property

Mayura Gupte

Realty2U Inc. License #0225071038 Listed on: 07/03/2024

Co-Listed By

Sam Singh

Realty2U Inc. License #5001450

Last Buyer's Agent

Alireza Zinat

Realty ONE Group Capital License #0225213743

Realty ONE Group Capital

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,116

Year Built

  • Built in 2007

HOA Fees

  • $335 Monthly HOA Fees

Home Design

  • Asphalt Roof
  • Cement Siding
  • Brick Front

Interior Spaces

  • 1,263 Sq Ft Home
  • Property has 1 Level
  • Luxury Vinyl Plank Tile Flooring

Kitchen

  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 020484057031

Community Details

Overview

  • Association fees include water, trash, lawn maintenance, snow removal
  • Low-Rise Condominium
  • Commons On Potomac Square Community
  • Commons On Potomac Square Subdivision

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,116

Year Built

Built in 2007

Lot Details

0

HOA Fees

$335 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2007
  • Automatically Close On Close Date: No
  • Remarks Public: Investor Alert! This property is tenant-occupied until April 2025, with the tenant expressing a preference for a long-term lease. The current rent is $2,500 per month. This penthouse unit has been newly renovated with LVP flooring throughout and features 2 bedrooms, 2 bathrooms, and a LOFT. The floor plan is rarely available. The living room, with its soaring two-story ceiling, is filled with natural light. The bonus loft space overlooks the living room, providing additional living or flex space. The property is excellently located, close to all the shops and restaurants Cascades has to offer, with easy access to major commuter roads such as Rt 7 and Rt 28.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Refrigerator, Oven/Range - Gas, Washer
  • Entry Floor: 4
  • Flooring Type: Luxury Vinyl Plank
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1263
  • Living Area Sq Ft: 1263
  • Price Per Sq Ft: 296.91
  • Above Grade Finished Sq Ft: 1263
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 21216

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 Front, Brick, Cement Siding
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

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

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 335.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Fitness Center, Tennis Courts, Club House, Picnic Area
  • HOA Condo Co-Op Fee Includes: Water, Trash, Lawn Maintenance, Snow Removal
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Year Assessed: 2024
  • Zoning: PDH4
  • In City Limits: No

Rental Info

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

Tax Info

  • Tax Annual Amount: 3116.00
  • Assessor Parcel Number: 020484057031
  • Tax Total Finished Sq Ft: 1263
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 08/23/2024

MLS Schools

  • School District Name: LOUDOUN COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2024
Closed on
Aug 23, 2024
Sold by
Prithvi Llc
Bought by
Zinatbaksh Alireza
Seller's Agent
Mayura Gupte
Realty2U Inc.
Buyer's Agent
Alireza Zinat
Realty ONE Group Capital
List Price
$385,000
Sold Price
$365,000
Premium/Discount to List
-$20,000
-5.19%
Views
104
Current Estimated Value
$388,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,663
Avg. Annual Appreciation
6.82%
Original Mortgage
$273,750
Outstanding Balance
$271,154
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$117,450

Purchase Details

Closed on
Dec 12, 2016
Sold by
Malikireddy Vishnu and Reddy Swathi
Bought by
Prithivi Llc A Virginia Limited Liabilit

Purchase Details

Closed on
Sep 30, 2016
Sold by
Pittu Ravi and Sharda Reena
Bought by
Malikireedy Vishnu

Purchase Details

Listed on
Jul 12, 2013
Closed on
Oct 9, 2013
Sold by
Shank Ryan
Bought by
Pittu Ravi S
Seller's Agent
Peter Knapp
Real Broker, LLC
Buyer's Agent
Raju Alluri
Alluri Realty, Inc.
List Price
$270,000
Sold Price
$257,000
Premium/Discount to List
-$13,000
-4.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.56%
Original Mortgage
$205,600
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 16, 2012
Closed on
Jun 28, 2012
Sold by
Abesamis Abigail A
Bought by
Shank Ryan
Seller's Agent
Wayne Pham
United Real Estate
Buyer's Agent
Peter Knapp
Real Broker, LLC
List Price
$230,000
Sold Price
$233,000
Premium/Discount to List
$3,000
1.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.96%
Original Mortgage
$228,734
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 21, 2008
Sold by
Comstock Cascades L C
Bought by
Abesamis Abigail A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,250
Interest Rate
6.4%
Mortgage Type
FHA
Source: Public Records

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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
Warranty Deed $365,000 Doma Title
Deed -- None Available
Warranty Deed $215,451 Advantage Settlement Inc
Warranty Deed $257,000 --
Warranty Deed $233,000 --
Special Warranty Deed $235,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $273,750 New Conventional
Previous Owner $205,600 New Conventional
Previous Owner $228,734 FHA
Previous Owner $226,598 FHA
Previous Owner $223,250 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2024 08/23/24 Sold $365,000 -2.7% $289 / Sq Ft
07/26/2024 07/26/24 Price Changed $375,000 -2.6% $297 / Sq Ft
07/03/2024 07/03/24 For Sale $385,000 0.0% $305 / Sq Ft
04/30/2024 04/30/24 Rented $2,500 0.0% --
04/11/2024 04/11/24 For Rent $2,500 0.0% --
04/10/2024 04/10/24 Under Contract -- -- --
03/28/2024 03/28/24 For Rent $2,500 0.0% --
10/09/2013 10/09/13 Sold $257,000 -1.2% $189 / Sq Ft
09/03/2013 09/03/13 Pending -- -- --
08/19/2013 08/19/13 Price Changed $260,000 -3.7% $191 / Sq Ft
07/12/2013 07/12/13 For Sale $270,000 +15.9% $198 / Sq Ft
06/29/2012 06/29/12 Sold $233,000 +1.3% $171 / Sq Ft
05/02/2012 05/02/12 Pending -- -- --
04/16/2012 04/16/12 For Sale $230,000 -- $169 / 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 $3,012 $374,120 $95,000 $279,120
2024 $3,116 $360,230 $95,000 $265,230
2023 $2,964 $338,760 $95,000 $243,760
2022 $2,578 $289,710 $75,000 $214,710
2021 $2,652 $270,610 $75,000 $195,610
2020 $2,711 $261,920 $60,000 $201,920
2019 $2,683 $256,780 $70,000 $186,780
2018 $2,704 $249,200 $70,000 $179,200
2017 $2,775 $246,680 $70,000 $176,680
2016 $2,810 $245,420 $0 $0
2015 $2,757 $172,890 $0 $172,890
2014 $2,805 $172,890 $0 $172,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VALO2074922

Bright MLS

APN: 020-48-4057-031