$625,000
SOLD SEP 16, 2019

405 Old Waterford Rd NW Leesburg, VA 20176

1 Acre
$625,000 Price per Acre
43,560 Sq Ft Lot

Recently Sold

$969 Per Sq Ft

22% Below List Price

27 Days on Market

About This Lot

As of September 2019

Unique opportunity for subdivision in Leesburg. Full acre lot with R-6 Zoning. Great opportunity for investor or developer. Can be subdivided into 6 lots. Public water and sewer available at the street. Adjacent to another available R6 zoned property for sale.

Last Agent to Sell the Property

Karen Miller

Compass License #0225209126 Listed on: 05/30/2019

Compass

Co-Listed By

Cathy Howell

Compass

Last Buyer's Agent

Mariam Shoja

Golston Real Estate Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,430

Lot Details

  • 1 Acre Lot
  • Property is zoned R-6, Residential, potential to subdivide into 6 lots.

Schools

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

Utilities

  • Public Hookup Available For Water
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 230268070000

Property Details

Property Type

Land

Est. Annual Taxes

$3,430

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • New Construction: No
  • Remarks Public: Unique opportunity for subdivision in Leesburg. Full acre lot with R-6 Zoning. Great opportunity for investor or developer. Can be subdivided into 6 lots. Public water and sewer available at the street. Adjacent to another available R6 zoned property for sale.
  • Special Features: VirtualTour

Interior Features

  • Price Per Sq Ft: 18.36
  • Street Number Modifier: 405

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public Hook-Up Available, Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: 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
  • Improvement Assessed Value: 91600.00
  • Lot Size Acres: 1.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 43560.00
  • Year Assessed: 2019
  • Zoning: R-6
  • Zoning Description: Residential, potential to subdivide into 6 lots.
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease In Effect: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16561876
  • Tax Annual Amount: 3430.00
  • Assessor Parcel Number: 230268070000
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019
  • Close Date: 09/16/2019

MLS Schools

  • School District Name: LOUDOUN COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2019
Closed on
Sep 16, 2019
Sold by
Rom Daniel S and Rom Julia B
Bought by
Five Lions Llc
Seller's Agent
Karen Miller
Compass
Buyer's Agent
Mariam Shoja
Golston Real Estate Inc.
List Price
$799,900
Sold Price
$625,000
Premium/Discount to List
-$174,900
-21.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.40%

Purchase Details

Closed on
Jul 3, 2000
Sold by
Jackson Jeanette
Bought by
Rom Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,400
Interest Rate
8.55%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $625,000 Passport Title Services Llc
Deed $130,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $90,400 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2025 05/27/25 For Sale $975,000 +56.0% --
09/16/2019 09/16/19 Sold $625,000 -21.9% $969 / Sq Ft
06/26/2019 06/26/19 Pending -- -- --
05/30/2019 05/30/19 For Sale $799,900 -- $1,240 / 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
2024 $5,190 $600,000 $600,000 $0
2023 $5,250 $600,000 $600,000 $0
2022 $5,031 $565,310 $450,000 $115,310
2021 $5,880 $600,000 $600,000 $0
2020 $6,210 $600,000 $600,000 $0
2019 $2,917 $279,100 $187,500 $91,600
2018 $2,810 $259,000 $162,500 $96,500
2017 $2,831 $251,640 $162,500 $89,140
2016 $2,844 $248,380 $0 $0
2015 $449 $83,040 $0 $83,040
2014 $522 $80,480 $0 $80,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VALO385728

Bright MLS

APN: 230-26-8070