NOT LISTED FOR SALE

24602 Malibu Terrace Sterling, VA 20166

Estimated Value: $822,000 - $833,000

4 Beds
4.5 Baths
3,666 Sq Ft
$226/Sq Ft Est. Value

Last Sold April 15, 2019

Last sale price $550,000 $150 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $5,011/month

Highlights

  • Community Pool
  • 2 Car Attached Garage
  • ENERGY STAR Qualified Equipment
  • Rock Ridge High School Rated A+
  • Forced Air Heating System
  • 2-minute walk to Arcola Center Community Park and Pool

About This Home

As of April 2019

This home is located at 24602 Malibu Terrace, Sterling, VA 20166 since 17 March 2019 and is currently estimated at $827,575, approximately $225 per square foot. This property was built in 2013. 24602 Malibu Terrace is a home located in Loudoun County with nearby schools including Rock Ridge High School, Villa Montessori Stone Ridge, and Montessori School of South Riding.

Last Agent to Sell the Property

Nikki Lagouros

(703) 596-5065 nikki@bestrestonagent.com Berkshire Hathaway HomeServices PenFed Realty Listed on: 03/17/2019

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Bhavani Ghanta

(703) 587-4258 bhavani_ghanta@yahoo.com Bhavani Ghanta Real Estate Company License #602608

Bhavani Ghanta Real Estate Company

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,507

Year Built

  • Built in 2013

Lot Details

  • 2,178

HOA Fees

  • $131 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage

Home Design

  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • 3,666 Sq Ft Home
  • Property has 3 Levels

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

  • Garage Access
  • Front Basement Entry
  • Natural lighting in basement

Additional Features

  • ENERGY STAR Qualified Equipment
  • 2,178 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Tax Lot 170
  • Assessor Parcel Number 163269870000

Community Details

Overview

  • Arcola Subdivision

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,507

Year Built

Built in 2013

Lot Details

0

HOA Fees

$131 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Federal Flood Zone: No
  • Year Built: 2013
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Daylight, Full, Front Entrance, Fully Finished, Garage Access, Improved
  • Total Sq Ft: 3666
  • Living Area Sq Ft: 3666
  • Price Per Sq Ft: 150.03
  • Above Grade Finished Sq Ft: 3666
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Upper Level 2 Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding, Brick
  • 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
  • Garage Features: Garage - Rear Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Energy Star Cooling System
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 131.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 367640.00
  • Land Assessed Value: 140000.00
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16634022
  • Tax Annual Amount: 5507.00
  • Assessor Parcel Number: 163269870000
  • Tax Lot: 170
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

MLS Schools

  • School District Name: LOUDOUN COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2019
Closed on
Apr 12, 2019
Sold by
Cupp Timothy W and Speicher Scott E
Bought by
Boinapally Rakesh and Arrabelli Sandeepthi
Seller's Agent
Nikki Lagouros
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Bhavani Ghanta
Bhavani Ghanta Real Estate Company
List Price
$550,000
Sold Price
$550,000
Current Estimated Value
$827,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,575
Avg. Annual Appreciation
6.36%
Original Mortgage
$484,000
Outstanding Balance
$425,522
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$402,053

Purchase Details

Closed on
Dec 18, 2013
Sold by
Nvr Inc
Bought by
Cupp Timothy W and Speicher Scott E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.15%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Boinapally Rakesh $550,000 Rgs Title Llc
Cupp Timothy W $539,825 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boinapally Rakesh $484,000
Previous Owner Cupp Timothy W $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2019 04/15/19 Sold $550,000 0.0% $150 / Sq Ft
03/17/2019 03/17/19 Pending -- -- --
03/17/2019 03/17/19 For Sale $550,000 -- $150 / 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 $6,263 $777,980 $235,000 $542,980
2024 $6,529 $754,740 $195,000 $559,740
2023 $6,395 $730,910 $195,000 $535,910
2022 $6,160 $692,130 $180,000 $512,130
2021 $6,070 $619,420 $160,000 $459,420
2020 $5,751 $555,680 $140,000 $415,680
2019 $5,677 $543,220 $140,000 $403,220
2018 $5,508 $507,640 $140,000 $367,640
2017 $5,716 $508,130 $140,000 $368,130
2016 $5,863 $512,050 $0 $0
2015 $5,709 $362,960 $0 $362,960
2014 $5,472 $333,730 $0 $333,730
Source: Public Records

Agents Affiliated with this Home

  • Nikki Lagouros

    Seller's Agent in 2019

    Nikki Lagouros

    BHHS PenFed (actual)

    (703) 596-5065

    543 Total Sales

    Nikki Lagouros
    Section Image
  • Bhavani Ghanta

    Buyer's Agent in 2019

    Bhavani Ghanta

    Bhavani Ghanta Real Estate Company

    (703) 587-4258

    240 Total Sales

    Bhavani Ghanta
    Section Image
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Map

Source: Bright MLS

MLS Number: VALO355932

Bright MLS

APN: 163-26-9870

Virginia Loudoun County Sterling 20152

24602 Malibu Terrace, Sterling, VA

Not Listed for Sale

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