T
Seller's Agent in 2022
Tony Paracha
Axis Real Estate
40837 Red Hill Rd Leesburg, VA 20175
Estimated Value: $887,748
2
Beds
2
Baths
2,000
Sq Ft
$444/Sq Ft
Est. Value
Highlights
- New Construction
- 5 Acre Lot
- Living Room
- Sycolin Creek Elementary School Rated A-
- No HOA
- Storage Room
About This Home
As of February 2022Farm House built circa 1920's, that was previously on the property was not able to be salvaged, the owner has spent the time and effort into removing the structure. Owner has researched and come up with the best use of the other existing structures to preserve as much of the history of this parcel known as the Thornton House which is part of a potential Historic district known as Watson. Well, and a brand new septic have been installed to promote 6 bedrooms on the property. Electric is already in existence on the property as well taking a lot of the normal delays in construction out of it for any new buyer! Custom roof trusses are located at the property, making this a win-win investment for anyone looking to make their investment work for them, or potentially a guest house or in law suite. This parcel would be perfect as a farmette Air BNB with the rich history and old world charm Leesburg already has to offer, or it would make a perfect opportunity for an in law suite or guest home while the potential purchasers design and dream up their main house home of choice! An opportunity to build your own dream house. NO HOA. 5 acres situated by the newer communities Willowsford & Creighton Farms. Minutes to Rte 50,15,7, Grnway, Silver Lne & Brambleton Town Center. Sold "AS IS" Due to the many moving pieces that come along with a new build. ALL CALLS SHOULD GO TO THE SHOWING CONTACT
Last Agent to Sell the Property
Tony Paracha
(571) 216-8669 tonyparacha@gmail.com Axis Real Estate Listed on: 01/11/2022
Last Buyer's Agent
(732) 742-8877 mstalasila@gmail.com Pi Realty Group, Inc. License #0225212901
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,836
Lot Details
- 5 Acre Lot
- Property is in excellent condition
Parking
- Gravel Driveway
Home Design
- New Construction
- Converted Dwelling
Interior Spaces
- 2,000 Sq Ft Home
- Property has 1 Level
- Living Room
- Dining Room
- Storage Room
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Accessible Home Design
- Level Entry For Accessibility
Schools
- Rock Ridge High School
Utilities
- Heating Available
- Well
- Electric Water Heater
- Septic Greater Than The Number Of Bedrooms
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 282175024000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 11, 2022
Closed on
Feb 2, 2022
Sold by
Red Hill Manor Llc
Bought by
Koneru Madhu and Parvathaneni Anitharani
Seller's Agent
Tony Paracha
Axis Real Estate
Buyer's Agent
Madhuri Talasila
Pi Realty Group, Inc.
List Price
$735,000
Sold Price
$740,000
Premium/Discount to List
$5,000
0.68%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,748
Avg. Annual Appreciation
5.00%
Purchase Details
Closed on
Dec 20, 2017
Sold by
Paracha Suleiman
Bought by
Red Hill Manor Llc A Virginia Limited Li
Purchase Details
Listed on
May 17, 2017
Closed on
Aug 31, 2017
Sold by
Dela Cruz Giovanni Cury Paco
Bought by
Paracha Suleiman
Seller's Agent
Joao Baluarte
Fairfax Realty Select
Buyer's Agent
Kimberly Campbell
Samson Properties
List Price
$380,000
Sold Price
$380,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.07%
Original Mortgage
$373,117
Interest Rate
3.75%
Mortgage Type
FHA
Purchase Details
Listed on
Sep 12, 2013
Closed on
Oct 30, 2013
Sold by
Sampson Adison L and Smith Margaret S
Bought by
Dela Cruz Giovanni C P
Seller's Agent
Geri Deane
Hunt Country Sotheby's International Realty
Buyer's Agent
Ramiro Rojas
Long & Foster Real Estate, Inc.
List Price
$350,000
Sold Price
$345,000
Premium/Discount to List
-$5,000
-1.43%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.50%
Original Mortgage
$100,000
Interest Rate
4.52%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Koneru Madhu | $740,000 | First American Title | |
| Red Hill Manor Llc A Virginia Limited Li | -- | None Available | |
| Paracha Suleiman | $380,000 | International Title&Escr Inc | |
| Dela Cruz Giovanni C P | $345,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Paracha Suleiman | $373,117 | |
| Previous Owner | Dela Cruz Giovanni C P | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/03/2022 02/03/22 | Sold | $740,000 | +0.7% | $370 / Sq Ft | |
| 01/13/2022 01/13/22 | Pending | -- | -- | -- | |
| 01/11/2022 01/11/22 | For Sale | $735,000 | +93.4% | $368 / Sq Ft | |
| 10/01/2017 10/01/17 | Sold | $380,000 | 0.0% | $270 / Sq Ft | View Prior Sale |
| 06/15/2017 06/15/17 | Pending | -- | -- | -- | |
| 05/17/2017 05/17/17 | For Sale | $380,000 | +10.1% | $270 / Sq Ft | |
| 10/31/2013 10/31/13 | Sold | $345,000 | -1.4% | $245 / Sq Ft | View Prior Sale |
| 09/22/2013 09/22/13 | Pending | -- | -- | -- | |
| 09/12/2013 09/12/13 | For Sale | $350,000 | -- | $249 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $3,414 | $424,050 | $387,000 | $37,050 |
| 2024 | $3,439 | $397,560 | $360,000 | $37,560 |
| 2023 | $2,992 | $341,970 | $304,000 | $37,970 |
| 2022 | $2,793 | $313,830 | $199,000 | $114,830 |
| 2021 | $2,642 | $269,560 | $170,700 | $98,860 |
| 2020 | $2,682 | $259,170 | $170,700 | $88,470 |
| 2019 | $3,229 | $309,010 | $170,700 | $138,310 |
| 2018 | $2,574 | $237,270 | $170,700 | $66,570 |
| 2017 | $3,930 | $349,370 | $210,700 | $138,670 |
| 2016 | $3,836 | $335,000 | $0 | $0 |
| 2015 | $3,720 | $117,010 | $0 | $117,010 |
| 2014 | $3,518 | $102,960 | $0 | $102,960 |
Source: Public Records
Agents Affiliated with this Home
-
-
Madhuri Talasila
Buyer's Agent in 2022
Madhuri Talasila
Pi Realty Group, Inc.
(732) 742-8877
2 in this area
15 Total Sales
-
J
Seller's Agent in 2017
Joao Baluarte
Fairfax Realty Select
-
Kimberly Campbell
Buyer's Agent in 2017
Kimberly Campbell
Samson Properties
(703) 409-4944
7 in this area
68 Total Sales
-
Geri Deane
Seller's Agent in 2013
Geri Deane
Hunt Country Sotheby's International Realty
(703) 615-4126
6 in this area
50 Total Sales
-
Ramiro Rojas
Buyer's Agent in 2013
Ramiro Rojas
Long & Foster
(703) 989-7072
6 Total Sales
Map
Source: Bright MLS
MLS Number: VALO2015884
APN: 282-17-5024
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