NOT LISTED FOR SALE

Estimated Value: $984,000 - $1,070,000

3 Beds
4 Baths
2,253 Sq Ft
$453/Sq Ft Est. Value

Last Sold April 23, 2024

Last sale price $986,000 $438 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $6,500/month

4 Days on Market

Highlights

  • Fitness Center
  • Medical Services
  • Clubhouse
  • Burlington High School Rated A-
  • In Ground Pool
  • Property is near public transit

About This Home

As of April 2024

Bright & spacious young townhouse w/3 finished levels of living area & 2 car garage at The Reserve at Seven Springs! The main level features a gorgeous eat in kitchen w/lots of cabinets, stainless steel appliances, & an island with granite countertops. Off the kitchen, there’s extra storage & under counter refrigeration in the butlers pantry. The open concept main living area features a fireplace, hardwood floors, a dining area, & direct access to private patio space. The 2nd floor offers lots of closets, a main hallway bathroom with tiled floor, & 3 generously sized bedrooms, including a primary suite with walk in closet and dedicated bathroom. Finished lower level with half bath and family room with new LVT flooring. Hot water heater less than 1 year old, central air. Amenities include a clubhouse, heated pool, gym facilities, ample guest parking, and walking paths. Exterior repainted 2022. Pet friendly beautifully maintained complex. Convenient to highways, shopping.

Last Agent to Sell the Property

Susan Kadilak

Fiv Realty Co. Listed on: 03/21/2024

Last Buyer's Agent

Alina Wang

Coldwell Banker Realty - Lexington

Coldwell Banker Realty - Lexington

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,257

Year Built

  • Built in 2012

HOA Fees

  • $489 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Tuck Under Parking
  • Off-Street Parking

Home Design

  • Entry on the 1st floor
  • Frame Construction
  • Blown Fiberglass Insulation
  • Shingle Roof

Interior Spaces

  • 2,253 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • French Doors
  • Living Room with Fireplace
  • Basement
  • Exterior Basement Entry

Kitchen

  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Solid Surface Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Pedestal Sink
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Two or More Common Walls
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 4924163

Community Details

Overview

  • Association fees include insurance, maintenance structure, road maintenance, ground maintenance, snow removal, trash
  • 18 Units
  • Near Conservation Area

Amenities

  • Medical Services
  • Shops
  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool
  • Trails

Pet Policy

  • Call for details about the types of pets allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,257

Year Built

Built in 2012

Lot Details

0

HOA Fees

$489 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Townhouse
  • Year Built: 2012
  • Entry Level: 1
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Other
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Tile, Carpet, Laminate, Hardwood
  • Interior Amenities: Bathroom - Half, Pedestal Sink, Bathroom
  • Fireplace Features: Living Room
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Wine Refrigerator
  • Total Bedrooms: 3
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Closet, Flooring - Wall to Wall Carpet
  • Room Bedroom3 Features: Closet, Flooring - Wall to Wall Carpet
  • Room Bedroom3 Level: Second
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4
  • Room Master Bedroom Features: Bathroom - Full, Bathroom - Double Vanity/Sink, Ceiling Fan(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Half, Flooring - Stone/Ceramic Tile, Pedestal Sink
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Bathroom 2 Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Bathroom 3 Features: Bathroom - Half, Flooring - Stone/Ceramic Tile, Pedestal Sink
  • Bathroom 3 Level: Second
  • Room Dining Room Features: Flooring - Hardwood
  • Room Dining Room Level: First
  • Room Family Room Level: Basement
  • Room Family Room Features: Flooring - Laminate
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Hardwood, Pantry, Countertops - Stone/Granite/Solid, Recessed Lighting, Gas Stove
  • Laundry Features: Washer Hookup, Second Floor, In Unit, Electric Dryer Hookup
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Hardwood, French Doors, Exterior Access, Recessed Lighting
  • Basement: Y
  • Living Area: 2253
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN5001
  • MAIN SO: AN6181
  • Insulation: Fiberglass

Exterior Features

  • Exterior Features: Patio
  • Common Walls: 2+ Common Walls
  • Construction Materials: Frame
  • Home Warranty YN: No
  • Patio And Porch Features: Patio
  • Pool Features: Association, In Ground
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Parking Features: Attached, Under, Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Pool, Fitness Center, Trail(s), Clubhouse
  • Association Fee: 489
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Medical Facility, Conservation Area, Highway Access
  • Senior Community YN: No
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash

Lot Info

  • Parcel Number: 4924163
  • Zoning: pd
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: Yes - Private
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7257

Multi Family

  • Number Of Units Total: 18
  • Basement Included Sq Ft: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2013
Sold by
7 Springs Res Llc
Bought by
Malladi Jared
Current Estimated Value
$1,021,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Outstanding Balance
$290,137
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$731,394
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
Malladi Jared $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malladi Jared $410,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/23/2024 04/23/24 Sold $986,000 +9.6% $438 / Sq Ft
03/26/2024 03/26/24 Pending -- -- --
03/21/2024 03/21/24 For Sale $900,000 -- $399 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $7,584 $875,700 $0 $875,700
2024 $7,257 $811,800 $0 $811,800
2023 $7,284 $774,900 $0 $774,900
2022 $7,390 $742,700 $0 $742,700
2021 $7,038 $707,300 $0 $707,300
2020 $6,477 $671,900 $0 $671,900
2019 $6,642 $633,800 $0 $633,800
2018 $6,731 $633,800 $0 $633,800
2017 $6,903 $633,800 $0 $633,800
2016 $6,630 $578,500 $0 $578,500
2015 $5,983 $527,100 $0 $527,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73214862

MLS Property Information Network (MLS PIN)

APN: BURL-000056C-000000-000004-B000000