NOT LISTED FOR SALE

24641 Red Lake Terrace Sterling, VA 20166

Estimated Value: $756,214 - $796,000

3 Beds
3.5 Baths
3,042 Sq Ft
$256/Sq Ft Est. Value

Last Sold July 31, 2019

Last sale price $550,000 $181 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $4,578/month

32 Days on Market

Highlights

  • Fitness Center
  • Eat-In Gourmet Kitchen
  • Clubhouse
  • Rock Ridge High School Rated A+
  • Open Floorplan
  • 2-minute walk to Arcola Center Community Park and Pool

About This Home

As of July 2019

BETTER THAN NEW*3 LEVEL 2 CAR GARAGE TOWNHOME*PERFECT END-UNIT LOCATION*OPEN FLOOR PLAN TO INCLUDE 3 BEDROOMS, 3.5 BATHS*MAIN LEVEL FEATURES GOURMET KITCHEN WITH EXTENDED GRANITE CENTER ISLAND WITH SPACE FOR SEATING*UPGRADED CABINETS*STAINLESS STEEL APPLIANCES*GLEAMING HARDWOOD FLOORS AND NEW CARPET*FRESH PAINT*OVERSIZED GREAT ROOM LEADS TO REAR DECK*THE UPPER LEVEL BOASTS A LUXURY MASTER SUITE WITH TRAY CEILING*2 ADDITIONAL SPACIOUS BEDROOMS & 2 FULL BATHS*THE LOWER LEVEL FEATURES A LARGE RECREATION ROOM AND FULL BATH*TWO CEILING FANS*LIGHT AND BRIGHT*SHOWS LIKE A MODEL!

Last Agent to Sell the Property

Marilyn Brennan

(703) 927-1319 marilyn@brennanteam.com Long & Foster Real Estate, Inc. Listed on: 05/24/2019

Long & Foster Real Estate, Inc.

Co-Listed By

Christopher Brennan

(703) 927-1319 Christopher.Brennan@longandfoster.com Long & Foster Real Estate, Inc. License #0225047802

Last Buyer's Agent

Bhaskar Challa

(703) 347-2812 realtor.bhaskar@gmail.com Maram Realty, LLC License #0225232763

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,192

Year Built

  • Built in 2013

Lot Details

  • 3,049 Sq Ft Lot
  • Property is in very good condition

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,042 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Vinyl Clad Windows
  • Window Treatments
  • Window Screens
  • Six Panel Doors
  • Family Room Off Kitchen
  • Dining Area

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Built-In Oven
  • Cooktop with Range Hood
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 137
  • Assessor Parcel Number 163270971000

Community Details

Overview

  • No Home Owners Association
  • $135 Recreation Fee
  • Association fees include common area maintenance, pool(s), lawn care front, snow removal, trash
  • Arcola Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,192

Year Built

Built in 2013

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2013
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Microwave, Oven - Wall, Range Hood, Refrigerator, Washer
  • Flooring Type: Carpet, Hardwood, Ceramic Tile
  • Interior Amenities: Breakfast Area, Carpet, Ceiling Fan(s), Crown Moldings, Dining Area, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Wood Floors, Window Treatments, Walk-In Closet(s), Upgraded Countertops, Recessed Lighting, Primary Bath(s), Kitchen - Table Space, Family Room Off Kitchen
  • Window Features: Screens, Vinyl Clad, Double Pane
  • Fireplace: No
  • Door Features: Six Panel
  • Levels Count: 3+
  • Basement: No
  • Total Sq Ft: 3042
  • Living Area Sq Ft: 3042
  • Price Per Sq Ft: 182.41
  • Above Grade Finished Sq Ft: 3042
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • 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: 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 Door Opener, Garage - Rear Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), 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: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Club House, Exercise Room, Pool - Outdoor, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pool(s), Lawn Care Front, Snow Removal, Trash
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: 135.00
  • Association Recreation Fee: Yes

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 353380.00
  • Land Assessed Value: 143500.00
  • Lot Size Acres: 0.07
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3049.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16636008
  • Tax Annual Amount: 5192.00
  • Assessor Parcel Number: 163270971000
  • Tax Lot: 137
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019

MLS Schools

  • School District Name: LOUDOUN COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2019
Closed on
Jul 31, 2019
Sold by
Bernardo Richard Alan
Bought by
Ashok Gogulamanda and Sheba Gogulamanda
Seller's Agent
Marilyn Brennan
Long & Foster Real Estate, Inc.
Buyer's Agent
Bhaskar Challa
Maram Realty, LLC
List Price
$554,900
Sold Price
$550,000
Premium/Discount to List
-$4,900
-0.88%
Current Estimated Value
$777,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,804
Avg. Annual Appreciation
5.62%
Original Mortgage
$440,000
Outstanding Balance
$386,148
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$391,656

Purchase Details

Closed on
Oct 30, 2013
Sold by
Nvr Inc
Bought by
Bernardo Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,200
Interest Rate
4.52%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ashok Gogulamanda $550,000 Apex Settlement Corporation
Bernardo Richard A $507,295 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ashok Gogulamanda $440,000
Previous Owner Bernardo Richard A $431,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2019 07/31/19 Sold $550,000 -0.9% $181 / Sq Ft
06/25/2019 06/25/19 Pending -- -- --
05/24/2019 05/24/19 For Sale $554,900 0.0% $182 / Sq Ft
08/19/2017 08/19/17 Rented $2,450 -9.3% --
08/12/2017 08/12/17 Under Contract -- -- --
07/18/2017 07/18/17 For Rent $2,700 -- --
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 $5,794 $719,690 $238,500 $481,190
2024 $6,002 $693,880 $198,500 $495,380
2023 $5,913 $675,740 $198,500 $477,240
2022 $5,709 $641,430 $183,500 $457,930
2021 $5,636 $575,110 $163,500 $411,610
2020 $5,285 $510,600 $143,500 $367,100
2019 $5,192 $496,880 $143,500 $353,380
2018 $5,053 $465,700 $143,500 $322,200
2017 $5,460 $485,320 $143,500 $341,820
2016 $5,599 $488,960 $0 $0
2015 $5,340 $327,000 $0 $327,000
2014 $5,130 $300,670 $0 $300,670
Source: Public Records

Agents Affiliated with this Home

  • Marilyn Brennan

    Seller's Agent in 2019

    Marilyn Brennan

    Long & Foster

    (703) 927-1319

    106 Total Sales

    Marilyn Brennan
    Section Image
  • Christopher Brennan

    Seller Co-Listing Agent in 2019

    Christopher Brennan

    Long & Foster

    (703) 927-1319

    87 Total Sales

    Christopher Brennan
    Section Image

  • B

    Buyer's Agent in 2019

    Bhaskar Challa

    Maram Realty, LLC

    (703) 347-2812

    43 Total Sales

    Bhaskar Challa
    Section Image
  • Natalie McArtor

    Seller's Agent in 2017

    Natalie McArtor

    Samson Properties

    (703) 200-4703

    212 Total Sales

    Natalie McArtor
    Section Image

  • C

    Seller Co-Listing Agent in 2017

    Curtis Mcartor

    Samson Properties

    (703) 585-4810

    6 Total Sales

    Curtis Mcartor
    Section Image
  • Timothy Melia

    Buyer's Agent in 2017

    Timothy Melia

    RE/MAX

    (703) 220-6283

    67 Total Sales

    Timothy Melia
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: VALO385196

Bright MLS

APN: 163-27-0971

Virginia Loudoun County Sterling 20166

24641 Red Lake Terrace, Sterling, VA

Not Listed for Sale

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