NOT LISTED FOR SALE

24645 Red Lake Terrace Sterling, VA 20166

Estimated Value: $752,000 - $772,000

3 Beds
3.5 Baths
3,042 Sq Ft
$249/Sq Ft Est. Value

Last Sold August 17, 2017

Last sale price $485,000 $159 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $4,568/month

13 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Transitional Architecture
  • Rock Ridge High School Rated A+
  • Clubhouse
  • 2-minute walk to Arcola Center Community Park and Pool

About This Home

As of August 2017

OVER 3000 SQ FT OF SPACE IN THIS 3 LVL 2 CAR GARAGE TOWNHOME. HARDWOODS ON ON MAIN, HUGE GRANITE KITCHEN ISLAND, SS APPLIANCES. OPEN FLOOR PLAN, LIGHT AND BRIGHT. WALK TO COMMUNITY POOL/CLUBHOUSE AND NEW DULLES LANDING FOR SHOPPING. LARGE MBA WITH SEP SHOWER AND TUB. LAUNDRY LOCATED ON UPPER LVL. PLENTY OF PARKING IN COMMUNITY. NO LAWN MOWER NEEDED! HOA MAINTAINS FRONT LANDSCAPING!

Last Agent to Sell the Property

Steve Bingham

(703) 389-1985 stevebingham19@gmail.com Realty ONE Group Capital Listed on: 07/15/2017

Realty ONE Group Capital

Last Buyer's Agent

Christianna Pyo

(703) 669-9821 growwithchristianna@gmail.com EXP Realty, LLC License #677241

EXP Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,481

Year Built

  • Built in 2013

Lot Details

  • 2,178 Sq Ft Lot
  • Two or More Common Walls
  • Landscaped
  • Property is in very good condition

HOA Fees

  • $96 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Transitional Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 3,042 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Window Treatments
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Storage Room

Kitchen

  • Built-In Oven
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • 3.5 Bathrooms

Laundry

  • Front Loading Dryer
  • Front Loading Washer

Schools

  • Creightons Corner Elementary School
  • Stone Hill Middle School
  • John Champe High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Fiber Optics Available

Listing and Financial Details

  • Tax Lot 139
  • Assessor Parcel Number 163270766000

Community Details

Overview

  • Association fees include lawn care front, insurance
  • Arcola Subdivision, Andrew Carnigie Floorplan

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,481

Year Built

Built in 2013

Lot Details

0

HOA Fees

$96 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Transitional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2013
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer - Front Loading, Washer - Front Loading, Refrigerator, Range Hood, Oven - Wall, Microwave
  • Interior Amenities: Kitchen - Island, Dining Area, Primary Bath(s), Upgraded Countertops, Window Treatments, Floor Plan - Open
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Foyer, Storage Room
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 3042
  • Living Area Sq Ft: 3042
  • Price Per Sq Ft: 161.08
  • 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: 1.00
  • Lower Levels Bathrooms: 2.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Combination, Brick
  • Pool Private: No
  • Roof: Asphalt
  • 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: Garage
  • Garage Features: Garage Door Opener
  • 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: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Fiber Optics Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 96.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Club House, Pool - Outdoor, Tot Lots/Playground, Exercise Room
  • HOA Condo Co-Op Fee Includes: Lawn Care Front, Insurance
  • HOA: Yes
  • Senior Community: No

Schools

  • Elementary School: CREIGHTONS CORNER
  • High School: JOHN CHAMPE
  • Middle Or Junior School: STONE HILL

Lot Info

  • Improvement Assessed Value: 335140.00
  • Land Assessed Value: 140000.00
  • Lot Features: Landscaping
  • Lot Size Acres: 0.05
  • Lot Size Area: 2178
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Property Attached Yn: Yes
  • Property Condition: Very Good

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16634982
  • Tax Annual Amount: 5481.23
  • Assessor Parcel Number: 163270766000
  • Tax Lot: 139
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016

MLS Schools

  • School District Name: LOUDOUN COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2017
Closed on
Aug 11, 2017
Sold by
Stone Financing Llc
Bought by
Swanson Nicholas and Choi Mina
Seller's Agent
Steve Bingham
Realty ONE Group Capital
Buyer's Agent
Christianna Pyo
EXP Realty, LLC
List Price
$489,999
Sold Price
$485,000
Premium/Discount to List
-$4,999
-1.02%
Current Estimated Value
$758,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,515
Avg. Annual Appreciation
5.54%
Original Mortgage
$441,956
Outstanding Balance
$368,778
Interest Rate
3.96%
Mortgage Type
VA
Estimated Equity
$389,737

Purchase Details

Listed on
Jul 15, 2017
Closed on
Aug 8, 2017
Sold by
Kowdley Rajashekar
Bought by
Stone Financing Llc
Seller's Agent
Steve Bingham
Realty ONE Group Capital
Buyer's Agent
Christianna Pyo
EXP Realty, LLC
List Price
$489,999
Sold Price
$485,000
Premium/Discount to List
-$4,999
-1.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,956
Outstanding Balance
$368,778
Interest Rate
3.96%
Mortgage Type
VA
Estimated Equity
$389,737

Purchase Details

Closed on
Oct 18, 2013
Sold by
Nvr Inc
Bought by
Kowdley Rajashekar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,885
Interest Rate
4.58%
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
Swanson Nicholas $485,000 Rgs Title
Stone Financing Llc $485,000 Rgs Title
Kowdley Rajashekar $492,430 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swanson Nicholas $441,956
Previous Owner Kowdley Rajashekar $416,885
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2017 08/17/17 Sold $485,000 -1.0% $159 / Sq Ft
07/28/2017 07/28/17 Pending -- -- --
07/15/2017 07/15/17 For Sale $489,999 -- $161 / 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 $5,743 $713,360 $235,000 $478,360
2024 $5,945 $687,320 $195,000 $492,320
2023 $5,856 $669,230 $195,000 $474,230
2022 $5,649 $634,700 $180,000 $454,700
2021 $5,569 $568,280 $160,000 $408,280
2020 $5,215 $503,870 $140,000 $363,870
2019 $5,122 $490,150 $140,000 $350,150
2018 $4,951 $456,300 $140,000 $316,300
2017 $5,345 $475,140 $140,000 $335,140
2016 $5,481 $478,710 $0 $0
2015 $5,300 $327,000 $0 $327,000
2014 $5,090 $300,670 $0 $300,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000739375

Bright MLS

APN: 163-27-0766