NOT LISTED FOR SALE

42589 Burbank Terrace Sterling, VA 20166

Estimated Value: $615,467 - $634,000

3 Beds
2.5 Baths
2,484 Sq Ft
2019 Built

Highlights

  • New Construction
  • Corner Lot
  • 1 Car Direct Access Garage
  • Rock Ridge High School Rated A+
  • Community Pool
  • 1-minute walk to Arcola Center Community Park and Pool

About This Home

As of February 2024

Move in to this Brand New Model Home as a First Tenant. You will Love it as you Live in this Immaculate, Incredible TownHome like condo With 1 Car Garage. Two Sides Entry. Enter to the Home with No Steps at the Front Door. Enter Garage from the Rare Entrance. Step on Elegant Hard Wood as you enter Extra Large Kitchen with Quartz Island conveniently situated with one side Family Room and Dinning on the other side. Entertain Guests in the Extra Large Balcony with FIREPLACE. Large Pantry across Island and Powder Room with easy access as you come in to the home or step out. Hard Wood Stairs Lead the way to Bedroom Level, Master Bedroom with Tray Ceiling and 2 Walk-In Closets, Master Bath with 2 Sinks and Standing Shower. 2nd & 3rd Bedrooms with easy access to Double Sinked BathRoom in the Hall Way. Upstairs Laundry Room with Large Storage Cabinets and Clothes Folding Counter. Washer & Dryer Included. Home with Bright Day Light at both Kitchen and Bedroom Levels. Large Windows. Conveniently Located Across from the community center, Less than a Mile to Walmart, 1.2 miles to Stone Springs Hospital, 1.5 miles to Gum Springs Library, 4.8 miles to Brambleton Movies, 6 miles to Costco, 10miles to Dulles Airport etc. Exterior Maintenance, Water & Sewer is included in the Rent. All the bells and whistles of a Model Home. Incredible Ambience, Move IN Ready!! Hassle FREE living in a Prime Location and In a Brand New Home.

Last Agent to Rent the Property

Lakshmi Yalamanchili

(703) 554-9961 lakshmi@gruhey.com Pearson Smith Realty, LLC License #0225081567 Listed on: 01/11/2024

Pearson Smith Realty, LLC

Last Renter's Agent

Lakshmi Yalamanchili

(703) 554-9961 lakshmi@gruhey.com Pearson Smith Realty, LLC License #0225081567 Listed on: 01/11/2024

Pearson Smith Realty, LLC

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,745

Year Built

  • Built in 2019 | New Construction

Lot Details

  • Property is in excellent condition

Parking

  • 1 Car Direct Access Garage
  • Basement Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Penthouse
  • Entry on the 1st floor

Interior Spaces

  • 2,484 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on upper level
  • Washer and Dryer Hookup

Schools

  • John Champe High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater
  • Public Septic

Listing and Financial Details

  • Residential Lease
  • Security Deposit $3,600
  • Requires 1 Month of Rent Paid Up Front
  • Tenant pays for cable TV, electricity, frozen waterpipe damage, gas, heat, hot water, HVAC maintenance, insurance, light bulbs/filters/fuses/alarm care
  • Rent includes common area maintenance, community center, grounds maintenance, hoa/condo fee, parking, sewer, snow removal, taxes, trash removal, water
  • No Smoking Allowed
  • 12-Month Min and 24-Month Max Lease Term
  • Available 1/11/24
  • $65 Application Fee
  • $100 Repair Deductible
  • Assessor Parcel Number 163267721010

Community Details

Overview

  • Low-Rise Condominium
  • Arcola Town Center Condo Community
  • Arcola Town Center Condo Subdivision

Recreation

  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Pet Deposit $500
  • $50 Monthly Pet Rent
  • Breed Restrictions

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,745

Year Built

Built in 2019 | New Construction

Lot Details

0

Parking

1

Rental Info

  • Date Available: 2024-01-11
  • Application Fee: 65.00
  • Monthly Pet Rent: 50.00
  • Months Rent Up Front: 1.0
  • Pet Deposit: 500.00
  • Pets: Case By Case Basis, Number Limit, Pet Addendum/Deposit, Size/Weight Restriction, Breed Restrictions
  • Pets Allowed: Yes
  • Rent Includes: Common Area Maintenance, Community Center, Grounds Maintenance, Hoa/Condo Fee, Parking, Sewer, Snow Removal, Taxes, Trash Removal, Water
  • Security Deposit: 3600.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Cable Tv, Electricity, Frozen Waterpipe Damage, Gas, Heat, Hot Water, Hvac Maintenance, Insurance, Light Bulbs/Filters/Fuses/Alarm Care
  • Vacation Rental: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2019
  • Repair Deductible: 100.00
  • Washer Dryer Hookups YN: Yes
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 1
  • Fireplace: No
  • Levels Count: 2
  • Room List: Bedroom 1
  • Basement: No
  • Laundry Type: Upper Floor, Has Laundry, Washer In Unit, Dryer In Unit
  • Total Sq Ft: 2484
  • Living Area Sq Ft: 2484
  • Price Per Sq Ft: 1.29
  • Above Grade Finished Sq Ft: 2484
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Paved Driveway
  • Garage Features: Garage - Rear Entry, Garage Door Opener, Inside Access, Basement Garage
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Septic, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • High School Source: 3rd Party
  • School District Source: 3rd Party
  • High School: JOHN CHAMPE

Lot Info

  • Lot Size Units: Square Feet
  • Property Condition: Excellent
  • Zoning: R24

Tax Info

  • Assessor Parcel Number: 163267721010

MLS Schools

  • School District Name: LOUDOUN COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2019
Sold by
Nvr Inc
Bought by
Reddy Maheshwar and Reddy Geetha Utterker
Current Estimated Value
$625,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,993
Outstanding Balance
$305,050
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$320,817
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Reddy Maheshwar $459,990 Stewart Title Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reddy Maheshwar $344,993
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2024 02/16/24 Rented $3,400 +6.3% --
01/22/2024 01/22/24 Price Changed $3,200 -11.1% $1 / Sq Ft
01/11/2024 01/11/24 For Rent $3,600 -- --
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 $4,745 $589,490 $180,000 $409,490
2024 $5,106 $590,310 $155,000 $435,310
2023 $4,921 $562,380 $155,000 $407,380
2022 $4,163 $467,730 $115,000 $352,730
2021 $4,242 $432,860 $100,000 $332,860
2020 $4,507 $435,500 $80,000 $355,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VALO2063148

Bright MLS

APN: 163-26-7721-010