NOT LISTED FOR SALE

227 Penny Ln Sterling, VA 20164

Estimated Value: $580,000 - $643,023

3 Beds
2.5 Baths
1,556 Sq Ft
$395/Sq Ft Est. Value

Last Sold April 09, 2021

Last sale price $470,000 $302 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,713/month

1 Day on Market

Highlights

  • View of Trees or Woods
  • Open Floorplan
  • Clubhouse
  • Dominion High School Rated A-
  • Community Lake
  • 4-minute walk to Sugarland Run Community Center

About This Home

As of April 2021

Great opportunity to move into a wonderful single family home, make it your own, build some equity, and enjoy a community filled with amenities. This home features an open floor plan, upgraded kitchen, newer HVAC, roof and water heater, and backs to trees! Freshly trimmed magnolia tress will blossom in the spring. Fresh paint top-to-bottom, new flooring, and a fresh outside haircut has created a turn-key home ready for the new owner. The kitchen was redesigned and is unique to this model. Compare our design to those others, and you will notice this kitchen opens the floorplan, creates more countertop space, and loads more storage. Enjoy 42” cabinets, corian counters, floor to cabinet pantry system, and a newer slider make this both kitchen unique, spacious, and very functional! And, enjoy a gas cooking stove which is sought after by many who enjoy to cook! The master bedroom is a great size and easily handles king-size tastes and styles. Enjoy lots of closet space and a lower level with a storage and utility room. As well, for this model, you can enjoy the half bath without having to go all the way upstairs like the rest of them! These important details create comforts in each level. The newer systems manage any concerns for big costs which most homeowners wonder when buying a not-brand new home. The Sugarland Run Community is riddled with paths, lake, pool, meeting rooms, tot lots and more! Its location is minutes from the Algonkian Park, the Potomac River, Northern Virginia Community College, restaurants, shopping, and super easy access to Rt 7, Algonkian Parkway, and Rt 28. And just 15 minutes from Dulles Airport. Upgrades and updates are in progress!

Last Agent to Sell the Property

Kimberly Barber

EXP Realty, LLC License #0225079229 Listed on: 02/26/2021

EXP Realty, LLC

Co-Listed By

Christine Adkins

EXP Realty, LLC

Last Buyer's Agent

Shuxin Xu

Weichert, REALTORS License #0225241168

Weichert, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,882

Year Built

  • Built in 1971 | Remodeled in 2021

Lot Details

  • 7,405 Sq Ft Lot
  • Partially Fenced Property
  • Property is in good condition
  • Property is zoned 18

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 2 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener
  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Ceiling Fan
  • Fireplace Mantel
  • Formal Dining Room
  • Carpet
  • Views of Woods
  • Finished Basement
  • Heated Basement
  • Attic

Kitchen

  • Eat-In Country Kitchen
  • Gas Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Schools

  • Sugarland Elementary School
  • Seneca Ridge Middle School
  • Dominion High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 011172050000

Community Details

Overview

  • Association fees include management, pool(s), recreation facility, reserve funds
  • Sugarland Run HOA, Phone Number (703) 430-4500
  • Sugarland Run Subdivision
  • Property Manager
  • Community Lake

Amenities

  • Clubhouse
  • Community Center
  • Meeting Room

Recreation

  • Community Basketball Court
  • Community Playground
  • Lap or Exercise Community Pool
  • Jogging Path
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,882

Year Built

Built in 1971 | Remodeled in 2021

Lot Details

0

HOA Fees

$75 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-02-26
  • Federal Flood Zone: No
  • Year Built: 1971
  • Year Renovated: 2021
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Great opportunity to move into a wonderful single family home, make it your own, build some equity, and enjoy a community filled with amenities. This home features an open floor plan, upgraded kitchen, newer HVAC, roof and water heater, and backs to trees! Freshly trimmed magnolia tress will blossom in the spring. Fresh paint top-to-bottom, new flooring, and a fresh outside haircut has created a turn-key home ready for the new owner. The kitchen was redesigned and is unique to this model. Compare our design to those others, and you will notice this kitchen opens the floorplan, creates more countertop space, and loads more storage. Enjoy 42” cabinets, corian counters, floor to cabinet pantry system, and a newer slider make this both kitchen unique, spacious, and very functional! And, enjoy a gas cooking stove which is sought after by many who enjoy to cook! The master bedroom is a great size and easily handles king-size tastes and styles. Enjoy lots of closet space and a lower level with a storage and utility room. As well, for this model, you can enjoy the half bath without having to go all the way upstairs like the rest of them! These important details create comforts in each level. The newer systems manage any concerns for big costs which most homeowners wonder when buying a not-brand new home. The Sugarland Run Community is riddled with paths, lake, pool, meeting rooms, tot lots and more! Its location is minutes from the Algonkian Park, the Potomac River, Northern Virginia Community College, restaurants, shopping, and super easy access to Rt 7, Algonkian Parkway, and Rt 28. And just 15 minutes from Dulles Airport. Upgrades and updates are in progress!
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Icemaker, Oven/Range - Gas, Refrigerator, Washer, Water Heater, Microwave
  • Interior Amenities: Attic, Carpet, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Table Space, Kitchen - Country, Ceiling Fan(s)
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished, Improved, Heated
  • Laundry Type: Dryer In Unit, Lower Floor, Washer In Unit
  • Total Sq Ft: 1556
  • Living Area Sq Ft: 1556
  • Price Per Sq Ft: 362.26
  • Above Grade Finished Sq Ft: 1256
  • Below Grade Finished Sq Ft: 300
  • Total Below Grade Sq Ft: 300
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 227

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Architectural Shingle
  • Spa: No
  • View: Trees/Woods
  • 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
  • Parking Features: Asphalt Driveway
  • Garage Features: Inside Access, Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway, On Street
  • Number of Spaces in Driveway: 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

  • HOA Fees: 75.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Bike Trail, Club House, Jog/Walk Path, Lake, Pool - Outdoor, Swimming Pool, Tot Lots/Playground, Meeting Room, Community Center
  • HOA Condo Co-Op Fee Includes: Management, Pool(s), Recreation Facility, Reserve Funds
  • HOA Name: SUGARLAND RUN HOA
  • HOA Phone: 703-430-4500
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: Lap/Exercise

Schools

  • School District: LOUDOUN COUNTY PUBLIC SCHOOLS
  • Elementary School: SUGARLAND
  • Middle School: SENECA RIDGE
  • High School: DOMINION
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121139189813
  • School District Source: Listing Agent
  • Elementary School: SUGARLAND
  • High School: DOMINION
  • Middle Or Junior School: SENECA RIDGE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Fencing: Partially
  • Improvement Assessed Value: 232580.00
  • Land Assessed Value: 177600.00
  • Lot Size Acres: 0.17
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7405.00
  • Property Condition: Good
  • Year Assessed: 2021
  • Zoning: 18
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 16549651
  • Tax Annual Amount: 3882.00
  • Assessor Parcel Number: 011172050000
  • Tax Total Finished Sq Ft: 1556
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 04/09/2021

MLS Schools

  • School District Name: LOUDOUN COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2021
Closed on
Apr 9, 2021
Sold by
Sullivan Gerald J
Bought by
Lent Mark Loyd and Keen Alexandra Louise
Seller's Agent
Kimberly Barber
EXP Realty, LLC
Buyer's Agent
Shuxin Xu
Weichert, REALTORS
List Price
$455,000
Sold Price
$470,000
Premium/Discount to List
$15,000
3.3%
Total Days on Market
1
Current Estimated Value
$614,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,256
Avg. Annual Appreciation
6.66%
Original Mortgage
$376,000
Outstanding Balance
$342,637
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$271,619
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
Lent Mark Loyd $470,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lent Mark Loyd $376,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2021 04/09/21 Sold $470,000 +3.3% $302 / Sq Ft
02/28/2021 02/28/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $455,000 0.0% $292 / Sq Ft
02/10/2021 02/10/21 Price Changed $455,000 -- $292 / 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 $4,534 $524,160 $202,600 $321,560
2023 $4,543 $519,240 $202,600 $316,640
2022 $4,322 $485,640 $192,600 $293,040
2021 $4,020 $410,180 $177,600 $232,580
2020 $3,882 $375,080 $152,600 $222,480
2019 $3,813 $364,910 $152,600 $212,310
2018 $3,785 $348,820 $137,600 $211,220
2017 $3,910 $347,550 $137,600 $209,950
2016 $4,015 $350,630 $0 $0
2015 $3,528 $191,750 $0 $191,750
2014 $3,469 $181,280 $0 $181,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VALO428736

Bright MLS

APN: 011-17-2050