NOT LISTED FOR SALE

318 Lake View Way NW Leesburg, VA 20176

Estimated Value: $961,000 - $1,053,000

4 Beds
3.5 Baths
3,748 Sq Ft
$269/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $810,000 $216 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $6,021/month

Highlights

  • Eat-In Gourmet Kitchen
  • Lake Privileges
  • Community Lake
  • Open Floorplan
  • Colonial Architecture
  • Deck

About This Home

As of October 2021

It’s not hard to see why homebuyers flock to Old Waterford Knoll (OWK) community. Its location checks every wish list box imaginable from shopping and in-town activities to immensely beautiful parks and recreation to world class dining and wineries just a short stroll or drive away. OWK is a quaint 144 home community within the Town of Leesburg with its own private picturesque lake. 4-5 Bedroom Property with 3.5 Baths. Nearly 4,000 square feet on 3-Levels. This homesite is larger than many at 0.34 acres and has beautiful landscaping, Storage Shed and a Privacy Fence. Lot is located a few steps to the Lake entrance. Builder upgraded 2-Level Bump-Out on Main and Lower Levels. The hallmark of this expanded Overton II model is the inviting two-story great room both open & airy that serves as an entertaining area around the expansive Home Chef Kitchen & Breakfast Room that has immense space and appeal. The cabinets and Kitchen Island are a straight-grained Mahogony in warm brown and topped with a polished bright cream granite. Younger higher-end SS Appliances (0-3 years). Enormous 3.5’ x 3.5’ Pantry and Kitchen Desk. Another remarkable design feature is the lavish owner’s suite that is so large it feels like its own private studio with walk-in closet and Super Bath with double sinks, water closet, Whirlpool soaking tub & separate glass enclosed shower. Dramatic effect Second floor catwalk loft that you can overlook the great room from every bedroom. Flex room on the main level entry for 5th Bedroom, library/study, or home office. Bedroom #2 and Bedroom #3 also have their own private walk-in closets. Over $100,00 in recent upgrades including Bruce Solid Oak Hardwood Floors in Gunstock on Main and Upper Levels, matching Luxury Vinyl Planks on the Recreational Room Level, Carrier Energy Efficient Furnace 2017 with surge protector., A.O. Smith Gas Hot Water Heater, replaced walk-down deck, young roof, remodeled bathrooms and upgraded lighting and fixtures throughout. Brand new Sewer line water pressure regulator. Installed radon remediation system and hard-wired smoke detectors, Seller recently added a $10,000 egress window on lower level. This house is turn-key, absolutely loved by a Seller dedicated to quality of craftsmanship and attention to detail. Floorplan is open and very spacious and get ample natural light all day long. Freshly painted. This is a five-star property in excellent above average condition. Neighbors stunning Morven Park, Equestrian Center and Mansion/Grounds with an abundance of entertainment opportunities such as Polo in the Park. About 1 mile to Historic Old Town Leesburg, close to Leesburg Park and Ride for easy transit routes. Only minutes to Ida Lee. Incredible location and property!

Last Agent to Sell the Property

Lisa Ducibella

Berkshire Hathaway HomeServices PenFed Realty License #0225073106 Listed on: 09/17/2021

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Richard Romine JR.

Keller Williams Realty License #0225205437

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,487

Year Built

  • Built in 1998

Lot Details

  • 0.34 Acre Lot
  • Property borders a national or state park
  • Privacy Fence
  • Back Yard Fenced
  • Landscaped
  • Extensive Hardscape
  • Premium Lot
  • Wooded Lot
  • Backs to Trees or Woods
  • Property is in excellent condition
  • Property is zoned 06

HOA Fees

  • $23 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Bump-Outs
  • Architectural Shingle Roof
  • Vinyl Siding
  • Active Radon Mitigation

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Chair Railings
  • Crown Molding
  • Two Story Ceilings
  • Ceiling Fan
  • Fireplace Mantel
  • Gas Fireplace
  • Vinyl Clad Windows
  • Window Treatments
  • Window Screens
  • Sliding Doors
  • Six Panel Doors
  • Entrance Foyer
  • Great Room
  • Family Room Overlook on Second Floor
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Den
  • Recreation Room
  • Bonus Room
  • Storage Room
  • Attic Fan

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Improved Basement

  • Interior Basement Entry
  • Basement Windows

Home Security

  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Flood Lights

Eco-Friendly Details

  • Energy-Efficient Appliances
  • ENERGY STAR Qualified Equipment for Heating

Outdoor Features

  • Lake Privileges
  • Deck
  • Exterior Lighting
  • Shed
  • Play Equipment
  • Rain Gutters

Schools

  • Francis Hazel Reid Elementary School
  • Smart's Mill Middle School
  • Tuscarora High School

Utilities

  • Dehumidifier
  • Forced Air Heating System
  • Programmable Thermostat
  • Natural Gas Water Heater
  • Phone Connected
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 121
  • Assessor Parcel Number 270407748000

Community Details

Overview

  • Association fees include common area maintenance
  • Old Waterford Knoll HOA
  • Built by Richmond American Homes
  • Old Waterford Knoll Subdivision, Overton II With Bump Out Floorplan
  • Property Manager
  • Community Lake

Amenities

  • Common Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,487

Year Built

Built in 1998

Lot Details

0

HOA Fees

$23 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Freezer Chest Does Not Convey. No curtains convey. Shelving in unfinished area does not convey.
  • Historic: No
  • Inclusions: Playground equipment may convey
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-09-17
  • Year Built: 1998
  • Automatically Close On Close Date: No
  • Remarks Public: It’s not hard to see why homebuyers flock to Old Waterford Knoll (OWK) community. Its location checks every wish list box imaginable from shopping and in-town activities to immensely beautiful parks and recreation to world class dining and wineries just a short stroll or drive away. OWK is a quaint 144 home community within the Town of Leesburg with its own private picturesque lake. 4-5 Bedroom Property with 3.5 Baths. Nearly 4,000 square feet on 3-Levels. This homesite is larger than many at 0.34 acres and has beautiful landscaping, Storage Shed and a Privacy Fence. Lot is located a few steps to the Lake entrance. Builder upgraded 2-Level Bump-Out on Main and Lower Levels. The hallmark of this expanded Overton II model is the inviting two-story great room both open & airy that serves as an entertaining area around the expansive Home Chef Kitchen & Breakfast Room that has immense space and appeal. The cabinets and Kitchen Island are a straight-grained Mahogony in warm brown and topped with a polished bright cream granite. Younger higher-end SS Appliances (0-3 years). Enormous 3.5’ x 3.5’ Pantry and Kitchen Desk. Another remarkable design feature is the lavish owner’s suite that is so large it feels like its own private studio with walk-in closet and Super Bath with double sinks, water closet, Whirlpool soaking tub & separate glass enclosed shower. Dramatic effect Second floor catwalk loft that you can overlook the great room from every bedroom. Flex room on the main level entry for 5th Bedroom, library/study, or home office. Bedroom #2 and Bedroom #3 also have their own private walk-in closets. Over $100,00 in recent upgrades including Bruce Solid Oak Hardwood Floors in Gunstock on Main and Upper Levels, matching Luxury Vinyl Planks on the Recreational Room Level, Carrier Energy Efficient Furnace 2017 with surge protector., A.O. Smith Gas Hot Water Heater, replaced walk-down deck, young roof, remodeled bathrooms and upgraded lighting and fixtures throughout. Brand new Sewer line water pressure regulator. Installed radon remediation system and hard-wired smoke detectors, Seller recently added a $10,000 egress window on lower level. This house is turn-key, absolutely loved by a Seller dedicated to quality of craftsmanship and attention to detail. Floorplan is open and very spacious and get ample natural light all day long. Freshly painted. This is a five-star property in excellent above average condition. Neighbors stunning Morven Park, Equestrian Center and Mansion/Grounds with an abundance of entertainment opportunities such as Polo in the Park. About 1 mile to Historic Old Town Leesburg, close to Leesburg Park and Ride for easy transit routes. Only minutes to Ida Lee. Incredible location and property!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Energy Efficient Appliances, Icemaker
  • Flooring Type: Hardwood, Laminate Plank, Ceramic Tile
  • Interior Amenities: Attic, Ceiling Fan(s), Chair Railings, Crown Moldings, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Table Space, Pantry, Primary Bath(s), Soaking Tub, Walk-In Closet(s), Window Treatments, Wood Floors, Upgraded Countertops, Tub Shower, Kitchen - Island, Breakfast Area
  • Window Features: Screens, Vinyl Clad
  • Fireplace Features: Mantel(s), Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Six Panel, Sliding Glass, Storm
  • Wall Ceiling Types: 9'+ Ceilings, 2 Story Ceilings, Dry Wall
  • Foundation Details: Active Radon Mitigation
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Foyer, 2nd Stry Fam Ovrlk, Great Room, Laundry, Office, Recreation Room, Storage Room, Bathroom 2, Bathroom 3, Bonus Room, Primary Bathroom, Half Bath
  • Basement: Yes
  • Basement Type: Daylight, Partial, Improved, Interior Access, Windows
  • Laundry Type: Upper Floor
  • Total Sq Ft: 3910
  • Living Area Sq Ft: 3748
  • Price Per Sq Ft: 272.70
  • Above Grade Finished Sq Ft: 2820
  • Below Grade Finished Sq Ft: 928
  • Below Grade Sq Ft: 162
  • Total Below Grade Sq Ft: 1090
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 318

Beds/Baths

  • Bedrooms: 4
  • 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
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding
  • Exterior Features: Bump-Outs, Extensive Hardscape, Exterior Lighting, Flood Lights, Gutter System, Play Equipment, Secure Storage, Sidewalks
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener, Inside Access
  • 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: Attic Fan, Dehumidifier, Programmable Thermostat
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Energy Star Heating System, Programmable Thermostat
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Carbon Monoxide Detector(s), Main Entrance Lock, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Water Available, Sewer Available, Phone Connected, Phone Available, Natural Gas Available, Cable Tv, Electric Available
  • Water Source: Public
  • Internet Services: Fiber Optic, DSL, Cable, Broadband, LTE

Condo/Co-op/Association

  • HOA Fees: 70.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds, Lake, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA Name: OLD WATERFORD KNOLL HOA
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: LOUDOUN COUNTY PUBLIC SCHOOLS
  • Elementary School: FRANCIS HAZEL REID
  • Middle School: SMART'S MILL
  • High School: TUSCARORA
  • 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: FRANCIS HAZEL REID
  • High School: TUSCARORA
  • Middle Or Junior School: SMART'S MILL

Lot Info

  • Additional Parcels: No
  • Fencing: Privacy, Rear
  • Improvement Assessed Value: 462310.00
  • Land Assessed Value: 180900.00
  • Lot Features: Backs To Trees, Landscaping, Premium, Private, Trees/Wooded
  • Lot Size Acres: 0.34
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14810.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: 06
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Building Info

  • Builder Name: Richmond American Homes

Rental Info

  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 16571441
  • Tax Annual Amount: 7487.00
  • Assessor Parcel Number: 270407748000
  • Tax Lot: 121
  • Tax Total Finished Sq Ft: 3667
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 10/08/2021

MLS Schools

  • School District Name: LOUDOUN COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2021
Closed on
Oct 7, 2021
Sold by
James Cordel A
Bought by
Febles Rene and Febles Damaris
Seller's Agent
Lisa Ducibella
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Richard Romine JR.
Keller Williams Realty
List Price
$769,000
Sold Price
$810,000
Premium/Discount to List
$41,000
5.33%
Current Estimated Value
$1,009,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,731
Avg. Annual Appreciation
6.23%
Original Mortgage
$648,000
Outstanding Balance
$592,196
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$435,442

Purchase Details

Listed on
Feb 18, 2013
Closed on
May 24, 2013
Sold by
Farrar Rodney H
Bought by
James Cordel A
Seller's Agent
Tan Tunador
Keller Williams Realty Dulles
Buyer's Agent
Lisa Ducibella
Berkshire Hathaway HomeServices PenFed Realty
List Price
$575,000
Sold Price
$541,000
Premium/Discount to List
-$34,000
-5.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.93%
Original Mortgage
$432,800
Interest Rate
3.45%
Mortgage Type
New Conventional
Source: Public Records

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
Febles Rene $810,000 Potomac Title Group Services
James Cordel A $541,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Febles Rene $92,500
Open Febles Rene $648,000
Previous Owner James Cordel A $432,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2021 10/08/21 Sold $810,000 +5.3% $216 / Sq Ft
09/19/2021 09/19/21 Pending -- -- --
09/17/2021 09/17/21 For Sale $769,000 +42.1% $205 / Sq Ft
05/24/2013 05/24/13 Sold $541,000 -1.6% $144 / Sq Ft
05/03/2013 05/03/13 Pending -- -- --
03/28/2013 03/28/13 Price Changed $549,990 -4.3% $147 / Sq Ft
02/18/2013 02/18/13 For Sale $575,000 -- $153 / 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 $7,425 $922,320 $266,800 $655,520
2024 $7,307 $844,740 $246,800 $597,940
2023 $7,071 $808,090 $254,900 $553,190
2022 $6,967 $782,770 $227,400 $555,370
2021 $6,303 $643,210 $180,900 $462,310
2020 $5,953 $575,120 $180,900 $394,220
2019 $5,944 $568,790 $180,900 $387,890
2018 $5,914 $545,100 $150,900 $394,200
2017 $6,049 $537,690 $150,900 $386,790
2016 $6,212 $542,530 $0 $0
2015 $962 $374,680 $0 $374,680
2014 $938 $361,780 $0 $361,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VALO2008458

Bright MLS

APN: 270-40-7748