NOT LISTED FOR SALE

40268 Spectacular Bid Place Leesburg, VA 20176

Estimated Value: $2,205,000 - $2,423,368

5 Beds
5.5 Baths
7,348 Sq Ft
$314/Sq Ft Est. Value

Last Sold December 04, 2020

Last sale price $1,599,000 $218 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $14,351/month

Highlights

  • Private Pool
  • Colonial Architecture
  • Jogging Path
  • Kenneth W. Culbert Elementary School Rated A-
  • 2 Fireplaces
  • 3 Car Attached Garage

About This Home

As of December 2020

This beautifully updated Craftmark Kenwood II home offers both privacy and an elegant lifestyle in Beacon Hill. The stately facade is enhanced by spectacular 5.15-acre estate lot. Designed for comfortable living and entertaining, a grand spiral staircase sets the tone for this dramatic and sophisticated executive home, which has been completely updated with the finest materials. An airy, inviting space, the kitchen boasts custom cabinets with a large center island, marble counters, Wolf Professional gas range, built-in Sub-Zero refrigerator and an adjacent breakfast room that overlooks the stunning backyard. Spacious and bright, the two-story family room has a floor-to-ceiling gas-burning stone fireplace and a wall of windows overlooking the sparkling pool. A large patio offers a poolside dining area that provides a welcoming spot for outdoor gatherings. A finished basement with updated flooring, wet bar, and family room with gas fireplace provide the perfect venue for hosting casual get-togethers indoors. Certain to impress, the owner's suite has all the amenities that one would expect in a home of this caliber, including, a sitting area, two walk-in closets, bathroom with dual sinks, a separate shower and a soaking tub. Added bonuses include updated light fixtures, refinished hardwood floors, high ceilings, extensive moldings, and an office with picturesque views. Offering something for everyone, this estate boasts ample square footage, a finished basement with movie theater, home gym, billiard area, additional family room ,and wet bar, attached three-car garage, lush, manicured grounds with putting green, and a prime location at the end of a quiet cul-de-sac. This beautifully appointed estate home is in the prestigious community of Beacon Hill, located in the heart of Loudoun County Wine and Hunt Country, just west of Leesburg, Virginia. Beacon Hill is home to many senior business executives, professional athletes, physicians, attorneys and other professionals. This exclusive luxury home community is nestled on the rolling crest of Catoctin Mountain. Encompassing 1,100 acres, Beacon Hill is home to 225 estate and hamlet homes, surrounded by equestrian trails and breathtaking open space that offers beautiful views of the Blue Ridge foothills. Once a private estate owned by 1950?s radio host Arthur Godfrey, Beacon Hill offers a unique blend of private country living and easy access to diverse employment and shopping opportunities in Loudoun and Fairfax Counties. Beacon Hill is just 15 minutes from Dulles airport and an easy commute into Fairfax County and Washington D.C.

Last Agent to Sell the Property

Lisa Thompson

Hunt Country Sotheby's International Realty License #0225208076 Listed on: 10/15/2020

Hunt Country Sotheby's International Realty

Last Buyer's Agent

Janeen Marconi

Hunt Country Sotheby's International Realty

Hunt Country Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,219

Year Built

  • Built in 2002

Lot Details

  • 5.15 Acre Lot
  • Property is zoned 03

HOA Fees

  • $180 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Side Facing Garage

Home Design

  • Colonial Architecture
  • Masonry

Interior Spaces

  • Property has 3 Levels
  • 2 Fireplaces
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

Pool

  • Private Pool

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Owned Propane
  • Well
  • Propane Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 100
  • Assessor Parcel Number 306384795000

Community Details

Overview

  • Association fees include management, reserve funds, trash, common area maintenance
  • Beacon Hill Subdivision

Amenities

  • Common Area

Recreation

  • Horse Trails
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,219

Year Built

Built in 2002

Lot Details

0

HOA Fees

$180 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2002
  • Automatically Close On Close Date: No
  • Remarks Public: This beautifully updated Craftmark Kenwood II home offers both privacy and an elegant lifestyle in Beacon Hill. The stately facade is enhanced by spectacular 5.15-acre estate lot. Designed for comfortable living and entertaining, a grand spiral staircase sets the tone for this dramatic and sophisticated executive home, which has been completely updated with the finest materials. An airy, inviting space, the kitchen boasts custom cabinets with a large center island, marble counters, Wolf Professional gas range, built-in Sub-Zero refrigerator and an adjacent breakfast room that overlooks the stunning backyard. Spacious and bright, the two-story family room has a floor-to-ceiling gas-burning stone fireplace and a wall of windows overlooking the sparkling pool. A large patio offers a poolside dining area that provides a welcoming spot for outdoor gatherings. A finished basement with updated flooring, wet bar, and family room with gas fireplace provide the perfect venue for hosting casual get-togethers indoors. Certain to impress, the owner's suite has all the amenities that one would expect in a home of this caliber, including, a sitting area, two walk-in closets, bathroom with dual sinks, a separate shower and a soaking tub. Added bonuses include updated light fixtures, refinished hardwood floors, high ceilings, extensive moldings, and an office with picturesque views. Offering something for everyone, this estate boasts ample square footage, a finished basement with movie theater, home gym, billiard area, additional family room ,and wet bar, attached three-car garage, lush, manicured grounds with putting green, and a prime location at the end of a quiet cul-de-sac. This beautifully appointed estate home is in the prestigious community of Beacon Hill, located in the heart of Loudoun County Wine and Hunt Country, just west of Leesburg, Virginia. Beacon Hill is home to many senior business executives, professional athletes, physicians, attorneys and other professionals. This exclusive luxury home community is nestled on the rolling crest of Catoctin Mountain. Encompassing 1,100 acres, Beacon Hill is home to 225 estate and hamlet homes, surrounded by equestrian trails and breathtaking open space that offers beautiful views of the Blue Ridge foothills. Once a private estate owned by 1950?s radio host Arthur Godfrey, Beacon Hill offers a unique blend of private country living and easy access to diverse employment and shopping opportunities in Loudoun and Fairfax Counties. Beacon Hill is just 15 minutes from Dulles airport and an easy commute into Fairfax County and Washington D.C.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 2
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 7348
  • Living Area Sq Ft: 7348
  • Price Per Sq Ft: 305.56
  • Above Grade Finished Sq Ft: 5233
  • Below Grade Finished Sq Ft: 2115
  • Total Below Grade Sq Ft: 2115
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 40268

Beds/Baths

  • Bedrooms: 5
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 4
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 4.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 4
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Owned
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 180.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds, Horse Trails, Jog/Walk Path
  • HOA Condo Co-Op Fee Includes: Management, Reserve Funds, Trash, Common Area Maintenance
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: LOUDOUN COUNTY PUBLIC SCHOOLS
  • School District Key: 121139189813
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 891330.00
  • Land Assessed Value: 289300.00
  • Lot Size Acres: 5.15
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 224334.00
  • Year Assessed: 2020
  • Zoning: 03
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16584692
  • Tax Annual Amount: 12219.00
  • Assessor Parcel Number: 306384795000
  • Tax Lot: 100
  • Tax Total Finished Sq Ft: 7348
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 12/04/2020

MLS Schools

  • School District Name: LOUDOUN COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2020
Closed on
Nov 30, 2020
Sold by
Morton Paul L and Morton Carrie L
Bought by
Sajjad Ali and Sajjad Farzana
Seller's Agent
Lisa Thompson
Hunt Country Sotheby's International Realty
Buyer's Agent
Janeen Marconi
Hunt Country Sotheby's International Realty
List Price
$1,599,000
Sold Price
$1,599,000
Current Estimated Value
$2,309,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$710,342
Avg. Annual Appreciation
8.08%
Original Mortgage
$1,199,250
Outstanding Balance
$1,072,020
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,237,322

Purchase Details

Closed on
Aug 12, 2011
Sold by
Zurn H Roger
Bought by
Morton Paul L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2002
Sold by
Beacon Hill L C
Bought by
Zurn H Roger

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.61%
Source: Public Records

Range of Values:

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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
Sajjad Ali $1,599,000 Union Title & Escrow Inc
Morton Paul L $1,125,000 --
Zurn H Roger $861,135 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sajjad Ali $200,000
Open Sajjad Ali $1,199,250
Previous Owner Morton Paul L $711,000
Previous Owner Morton Paul L $100,000
Previous Owner Morton Paul L $625,000
Previous Owner Zurn H Roger $1,050,000
Previous Owner Zurn H Roger $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2020 12/04/20 Sold $1,599,000 0.0% $218 / Sq Ft
10/15/2020 10/15/20 Pending -- -- --
10/15/2020 10/15/20 For Sale $1,599,000 -- $218 / 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 $19,058 $2,367,500 $539,300 $1,828,200
2024 $19,082 $2,206,060 $479,300 $1,726,760
2023 $17,238 $1,970,010 $424,300 $1,545,710
2022 $14,400 $1,617,960 $384,300 $1,233,660
2021 $13,364 $1,363,690 $334,300 $1,029,390
2020 $12,220 $1,180,630 $289,300 $891,330
2019 $12,082 $1,156,210 $289,300 $866,910
2018 $12,524 $1,154,300 $289,300 $865,000
2017 $12,760 $1,134,260 $289,300 $844,960
2016 $12,827 $1,120,290 $0 $0
2015 $12,379 $801,370 $0 $801,370
2014 $12,880 $810,340 $0 $810,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VALO423498

Bright MLS

APN: 306-38-4795