NOT LISTED FOR SALE

3407 Lakeside View Dr Unit 18-2 Falls Church, VA 22041

Estimated Value: $387,000 - $420,000

2 Beds
1.5 Baths
1,049 Sq Ft
$490/mo HOA Fee

Last Sold September 05, 2017

Last sale price $295,000 $281 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,964/month

Highlights

  • Eat-In Gourmet Kitchen
  • Lake Privileges
  • Contemporary Architecture
  • Open Floorplan
  • Community Lake
  • Secluded Lot

About This Home

As of September 2017

Come and see one of the best kept secrets in the DC area--Waters Edge! Open floor plan. 2 bedroom with eat-in-kitchen. Wood fireplace surrounded by built-ins. MBR and Living Room open to large deck. Don't miss the large attic storage! Charming community tucked away within minutes from shopping, restaurants & DC. Amenities include pool, tennis courts, walking path around lake.

Last Agent to Sell the Property

Feven Woldu

(703) 508-9454 fevenrealestate@gmail.com RE/MAX Allegiance License #98362439 Listed on: 06/13/2017

RE/MAX Allegiance

Last Buyer's Agent

Asefa Gabriel

(703) 562-0971 asefagabriel@gmail.com Summer Realtors Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,140

Year Built

  • Built in 1985

Lot Details

  • Premium Lot
  • Wooded Lot
  • Property is in very good condition

HOA Fees

  • $490 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • 1,049 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Built-In Features
  • Cathedral Ceiling
  • 1 Fireplace
  • Screen For Fireplace
  • Window Treatments
  • French Doors
  • Sliding Doors
  • Combination Dining and Living Room

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Lake Privileges
  • Balcony

Schools

  • Glen Forest Elementary School
  • Glasgow Middle School
  • Justice High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 61-2-40-18-2

Community Details

Overview

  • Association fees include lawn maintenance, management, insurance, pool(s), reserve funds, snow removal, trash, water, exterior building maintenance, road maintenance, sewer
  • Low-Rise Condominium
  • Waters Edge Community
  • Waters Edge Subdivision
  • The community has rules related to alterations or architectural changes, antenna installations
  • Community Lake

Amenities

  • Common Area

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,140

Year Built

Built in 1985

Lot Details

0

HOA Fees

$490 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1985
  • Remarks Public: Come and see one of the best kept secrets in the DC area--Waters Edge! Open floor plan. 2 bedroom with eat-in-kitchen. Wood fireplace surrounded by built-ins. MBR and Living Room open to large deck. Don't miss the large attic storage! Charming community tucked away within minutes from shopping, restaurants & DC. Amenities include pool, tennis courts, walking path around lake.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Interior Amenities: Breakfast Area, Kitchen - Gourmet, Combination Dining/Living, Kitchen - Eat-In, Primary Bath(s), Built-Ins, Upgraded Countertops, Window Treatments, Floor Plan - Open
  • Fireplace Features: Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: French, Sliding Glass
  • Wall Ceiling Types: Cathedral Ceilings, Vaulted Ceilings
  • Entry Location: Top Floor
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1049
  • Living Area Sq Ft: 1049
  • Price Per Sq Ft: 275.50
  • Above Grade Finished Sq Ft: 1049
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3407

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: General Common Elements

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 490.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Lake, Pool - Outdoor, Tennis Courts, Common Grounds, Tot Lots/Playground, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Management, Insurance, Pool(s), Reserve Funds, Snow Removal, Trash, Water, Ext Bldg Maint, Road Maintenance, Sewer
  • HOA Condo Co-Op Rules: Alterations/Architectural Changes, Antenna, Pets - Allowed
  • HOA: No
  • Senior Community: No

Schools

  • School District: FAIRFAX COUNTY PUBLIC SCHOOLS
  • Elementary School: GLEN FOREST
  • Middle School: GLASGOW
  • High School: JUSTICE
  • School District Key: 121138392980
  • Elementary School: GLEN FOREST
  • High School: JUSTICE
  • Middle Or Junior School: GLASGOW

Lot Info

  • Improvement Assessed Value: 217050.00
  • Land Assessed Value: 54000.00
  • Lot Features: Premium, Secluded, Trees/Wooded
  • Outdoor Living Structures: Balcony
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Year Assessed: 2017
  • Zoning: 212

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3140.11
  • Assessor Parcel Number: 61-2-40-18-2
  • Tax Page Number: 612
  • Tax Total Finished Sq Ft: 1049
  • Tax Year: 2016
  • Close Date: 09/05/2017

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2017
Closed on
Aug 31, 2017
Sold by
Ramchandani Nindiya
Bought by
Belay Solomon R and Belay Samson S
Seller's Agent
Feven Woldu
RE/MAX Allegiance
Buyer's Agent
Asefa Gabriel
Summer Realtors Inc
List Price
$289,000
Sold Price
$295,000
Premium/Discount to List
$6,000
2.08%
Current Estimated Value
$403,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,705
Avg. Annual Appreciation
3.95%
Original Mortgage
$300,162
Outstanding Balance
$250,657
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$153,048

Purchase Details

Listed on
Nov 3, 2013
Closed on
May 23, 2014
Sold by
Gaskin Harry T
Bought by
Ramchandani Nindiya
Seller's Agent
Earl Alger
RE/MAX Distinctive Real Estate, Inc.
Buyer's Agent
Feven Woldu
RE/MAX Allegiance
List Price
$287,500
Sold Price
$285,000
Premium/Discount to List
-$2,500
-0.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.05%
Original Mortgage
$256,500
Interest Rate
4.33%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Belay Solomon R $295,000 First American Title
Ramchandani Nindiya $285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Belay Solomon R $300,162
Previous Owner Ramchandani Nindiya $256,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/05/2017 09/05/17 Sold $295,000 +2.1% $281 / Sq Ft
07/18/2017 07/18/17 Pending -- -- --
06/13/2017 06/13/17 For Sale $289,000 +1.4% $276 / Sq Ft
05/23/2014 05/23/14 Sold $285,000 0.0% $272 / Sq Ft View Prior Sale
03/15/2014 03/15/14 Pending -- -- --
02/23/2014 02/23/14 Price Changed $284,900 -0.9% $272 / Sq Ft
11/03/2013 11/03/13 For Sale $287,500 -- $274 / 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 $3,908 $371,030 $74,000 $297,030
2024 $3,908 $337,300 $67,000 $270,300
2023 $3,524 $312,270 $62,000 $250,270
2022 $3,799 $332,200 $66,000 $266,200
2021 $3,748 $319,420 $64,000 $255,420
2020 $3,500 $295,760 $59,000 $236,760
2019 $3,319 $280,420 $56,000 $224,420
2018 $3,225 $280,420 $56,000 $224,420
2017 $3,147 $271,050 $54,000 $217,050
2016 $3,140 $271,050 $54,000 $217,050
2015 $2,881 $258,140 $52,000 $206,140
2014 $1,437 $258,140 $52,000 $206,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002229583

Bright MLS

APN: 0612-40180002