NOT LISTED FOR SALE

21216 Mcfadden Square Unit 408 Sterling, VA 20165

Estimated Value: $405,101 - $603,000

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

Last Sold July 14, 2023

Last sale price $390,000 $309 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,995/month

3 Days on Market

Highlights

  • Fitness Center
  • Penthouse
  • Community Pool
  • Potomac Falls High School Rated A
  • Open Floorplan
  • Tennis Courts

About This Home

As of July 2023

Introducing the largest and rarely available 2 bed/2 bath with LOFT at Commons on Potomac Square! Only one of these floor plans exists in each building in the community. This home includes two bedrooms, each with their own walk-in closet with access to a full bath. The living room is filled with natural light, thanks to a soaring two story ceiling. The bonus loft space overlooks the living room and provides additional living/flex space. The kitchen was recently updated with new appliances (2022). The laundry room features a new washer and dryer (2022) and additional storage space. A brand new water heater was installed in 2023. The location is hard to beat- close to all the shops and restaurants Cascades has to offer, plus easy access to major commuter roads-Rt 7 and Rt 28. HOA /condo fee includes access to all of Cascades HOA amenities- including 5 swimming pools, tennis and sports courts, walking trails, and playgrounds. Schedule your tour of this beautiful, well-maintained home today!

Last Agent to Sell the Property

Kim Oliver

(571) 443-1854 kim.oliver@pearsonsmithrealty.com Pearson Smith Realty, LLC License #5006688 Listed on: 05/18/2023

Pearson Smith Realty, LLC

Last Buyer's Agent

Christine Weedon

(703) 249-9743 christine-weedon@kw.com KW United License #0225214628

KW United

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,014

Year Built

  • Built in 2007

Lot Details

  • Property is in excellent condition

HOA Fees

  • $335 Monthly HOA Fees

Home Design

  • Penthouse
  • Entry on the 4th floor
  • Brick Exterior Construction

Interior Spaces

  • 1,263 Sq Ft Home
  • Property has 1.5 Levels
  • Open Floorplan
  • Family Room Off Kitchen
  • Combination Dining and Living Room

Kitchen

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

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

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

Schools

  • Potowmack Elementary School
  • River Bend Middle School
  • Potomac Falls High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 020484057032

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, management, water, trash, snow removal, reserve funds
  • Low-Rise Condominium
  • Legum Norman, Inc Condos
  • Commons On Potomac Square Community
  • Commons On Potomac Square Subdivision

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Jogging Path
  • Bike Trail

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,014

Year Built

Built in 2007

Lot Details

0

HOA Fees

$335 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-05-18
  • Year Built: 2007
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Oven/Range - Gas, Refrigerator, Washer, Water Heater
  • Entry Floor: 4
  • Interior Amenities: Walk-In Closet(s), Combination Dining/Living, Family Room Off Kitchen, Floor Plan - Open
  • Levels Count: 1.5
  • Basement: No
  • Total Sq Ft: 1263
  • Living Area Sq Ft: 1263
  • Price Per Sq Ft: 300.87
  • Above Grade Finished Sq Ft: 1263
  • Above Grade Finished Area Units: Square Feet

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
  • 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
  • Condo Co-Op Name: Legum Norman, Inc
  • HOA Condo Co-Op Amenities: Basketball Courts, Bike Trail, Exercise Room, Fitness Center, Jog/Walk Path, Pool - Outdoor, Reserved/Assigned Parking, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Water, Trash, Snow Removal, Reserve Funds
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: POTOWMACK
  • High School: POTOMAC FALLS
  • Middle Or Junior School: RIVER BEND

Lot Info

  • Property Condition: Excellent
  • Zoning: PDH4
  • In City Limits: No

Rental Info

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

Tax Info

  • Tax Annual Amount: 3014.00
  • Assessor Parcel Number: 020484057032
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: LOUDOUN COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2023
Closed on
Jul 12, 2023
Sold by
Shirkhanloo Azar
Bought by
Oleary John
Seller's Agent
Kim Oliver
Pearson Smith Realty, LLC
Buyer's Agent
Christine Weedon
KW United
List Price
$380,000
Sold Price
$390,000
Premium/Discount to List
$10,000
2.63%
Views
25
Current Estimated Value
$460,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,275
Avg. Annual Appreciation
7.50%
Original Mortgage
$355,387
Outstanding Balance
$341,504
Interest Rate
4%
Mortgage Type
Construction
Estimated Equity
$118,771

Purchase Details

Listed on
Apr 11, 2015
Closed on
Jul 9, 2015
Sold by
Sooklal Gulistan and Kalemci Gulcin
Bought by
Shirkhanloo Azar
Seller's Agent
Mike Casto
Weichert, REALTORS
Buyer's Agent
Soheila Haghi
National Realty, LLC
List Price
$259,000
Sold Price
$255,000
Premium/Discount to List
-$4,000
-1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.45%
Original Mortgage
$188,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2008
Sold by
Comstock Cascades L C
Bought by
Sooklal Gulistan and Kalemci Gulcin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,156
Interest Rate
6.69%
Mortgage Type
FHA
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
Oleary John $390,000 Potomac Title
Shirkhanloo Azar $255,000 --
Sooklal Gulistan $236,203 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oleary John $355,387
Previous Owner Shirkhanloo Azar $188,000
Previous Owner Sooklal Gulistan $215,156
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/14/2023 07/14/23 Sold $390,000 +2.6% $309 / Sq Ft
05/22/2023 05/22/23 Pending -- -- --
05/18/2023 05/18/23 For Sale $380,000 +49.0% $301 / Sq Ft
07/16/2015 07/16/15 Sold $255,000 -1.5% $202 / Sq Ft View Prior Sale
05/21/2015 05/21/15 Pending -- -- --
04/11/2015 04/11/15 For Sale $259,000 0.0% $205 / Sq Ft
06/01/2013 06/01/13 Rented $1,625 0.0% --
05/13/2013 05/13/13 Under Contract -- -- --
04/22/2013 04/22/13 For Rent $1,625 -- --
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

  • Kim Oliver

    Seller's Agent in 2023

    Kim Oliver

    Pearson Smith Realty, LLC

    (571) 443-1854

    1 in this area

    39 Total Sales

    Kim Oliver
    Section Image
  • Christine Weedon

    Buyer's Agent in 2023

    Christine Weedon

    KW United

    (703) 249-9743

    1 in this area

    84 Total Sales

    Christine Weedon
    Section Image
  • Mike Casto

    Seller's Agent in 2015

    Mike Casto

    Weichert Corporate

    (703) 928-1132

    22 Total Sales

    Mike Casto
    Section Image
  • Soheila Haghi

    Buyer's Agent in 2015

    Soheila Haghi

    National Realty, LLC

    (703) 581-8743

    9 Total Sales

    Soheila Haghi
    Section Image
  • Denise Rodriguez

    Seller's Agent in 2013

    Denise Rodriguez

    Samson Properties

    (703) 662-5752

    35 Total Sales

    Denise Rodriguez
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: VALO2049778

Bright MLS

APN: 020-48-4057-032

Virginia Loudoun County Sterling 20165

21216 Mcfadden Square Unit 408, Sterling, VA

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