NOT LISTED FOR SALE

2229 Lofty Heights Place Reston, VA 20191

Estimated Value: $424,000 - $511,000

3 Beds
1.5 Baths
1,188 Sq Ft
$391/Sq Ft Est. Value

Last Sold March 31, 2016

Last sale price $289,910 $244 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $3,146/month

7 Days on Market

Highlights

  • Contemporary Architecture
  • Eat-In Kitchen
  • Combination Dining and Living Room
  • Langston Hughes Middle School Rated A-
  • Central Air
  • Baseboard Heating

About This Home

As of March 2016

TLB. 4.5% Buyer Premium chgd buyer at closing. No inspection contingency accepted on TLB Properties. REO. Property sold As-Is w/o repair, warranty or Seller Disclosure. The Listing Broker & Seller assume no responsibility & make no guarantees as to the accuracy of info herein. Seller will accept cash, conventional offers only.

Last Agent to Sell the Property

Sherry Price

RealHome Services and Solutions, Inc. License #654814 Listed on: 12/29/2015

Last Buyer's Agent

Bingwen Wu

Libra Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,372

Year Built

  • Built in 1973

Lot Details

  • 1,430 Sq Ft Lot
  • Two or More Common Walls

HOA Fees

  • $112 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Frame Construction

Interior Spaces

  • 1,188 Sq Ft Home
  • Property has 3 Levels
  • Combination Dining and Living Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1.5 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Utilities

  • Central Air
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • Reston Subdivision

Listing and Financial Details

  • Tax Lot 40
  • Assessor Parcel Number 26-1-11-4A-40

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,372

Year Built

Built in 1973

Lot Details

0

HOA Fees

$112 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1973
  • Remarks Public: TLB. 4.5% Buyer Premium chgd buyer at closing. No inspection contingency accepted on TLB Properties. REO. Property sold As-Is w/o repair, warranty or Seller Disclosure. The Listing Broker & Seller assume no responsibility & make no guarantees as to the accuracy of info herein. Seller will accept cash, conventional offers only.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Kitchen - Table Space, Combination Dining/Living
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Levels Count: 3+
  • Room List: Bedroom 2, Bedroom 3, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Outside Entrance, Full
  • Living Area Units: Square Feet
  • Total Sq Ft: 1188
  • Living Area Sq Ft: 1188
  • Price Per Sq Ft: 207.90
  • Above Grade Finished Sq Ft: 1188
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2229

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Frame
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 112.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 194910.00
  • Land Assessed Value: 95000.00
  • Lot Size Acres: 0.03
  • Lot Size Area: 1430
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1430.00
  • Property Attached Yn: Yes
  • Year Assessed: 2015
  • Zoning: 370

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3371.65
  • Assessor Parcel Number: 26-1-11-4A-40
  • Tax Lot: 40
  • Tax Page Number: 261
  • Tax Total Finished Sq Ft: 1188
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015
  • Close Date: 03/31/2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2015
Closed on
Feb 5, 2016
Sold by
Us Bank National Association
Bought by
Li Yanfei and Wu Yichen
Seller's Agent
Sherry Price
RealHome Services and Solutions, Inc.
Buyer's Agent
Bingwen Wu
Libra Realty, LLC
List Price
$246,980
Sold Price
$289,910
Premium/Discount to List
$42,930
17.38%
Current Estimated Value
$471,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,836
Avg. Annual Appreciation
5.17%

Purchase Details

Closed on
Dec 7, 2015
Sold by
Trustee Services Of Virginia Llc and Forbes Charles M
Bought by
Us Bank National Asocc'

Purchase Details

Closed on
Apr 10, 2002
Sold by
Gutierrez Richard
Bought by
Forbes Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,200
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 1997
Sold by
Gutierrez Richard D
Bought by
Guitierrez Richard D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,853
Interest Rate
7.41%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 1, 1995
Sold by
Logan Vivian M
Bought by
Gutierrez Richard D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,900
Interest Rate
8.96%
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Li Yanfei $244,829 Eagle Title Llc
Us Bank National Asocc' $298,843 None Available
Forbes Charles $109,900 --
Guitierrez Richard D -- --
Gutierrez Richard D $99,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Forbes Charles M $340,000
Previous Owner Forbes Charles $116,200
Previous Owner Gutierrez Richard D $97,853
Previous Owner Gutierrez Richard D $98,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2016 03/31/16 Sold $289,910 +17.4% $244 / Sq Ft
01/05/2016 01/05/16 Pending -- -- --
12/29/2015 12/29/15 For Sale $246,980 -- $208 / 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 $5,406 $448,470 $190,000 $258,470
2023 $4,806 $408,830 $175,000 $233,830
2022 $4,665 $391,820 $175,000 $216,820
2021 $4,336 $355,240 $140,000 $215,240
2020 $4,073 $331,000 $120,000 $211,000
2019 $4,082 $331,760 $120,000 $211,760
2018 $3,523 $306,350 $105,000 $201,350
2017 $3,624 $300,010 $100,000 $200,010
2016 $3,495 $289,910 $95,000 $194,910
2015 $3,372 $289,910 $95,000 $194,910
2014 $3,112 $268,190 $85,000 $183,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003732151

Bright MLS

APN: 0261-114A0040