NOT LISTED FOR SALE

47587 Reef Terrace Sterling, VA 20165

Estimated Value: $666,000 - $669,000

3 Beds
4 Baths
2,102 Sq Ft
$318/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $500,000 $238 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $4,101/month

Highlights

  • Fitness Center
  • Private Lot
  • 1 Fireplace
  • Lowes Island Elementary School Rated A
  • Backs to Trees or Woods
  • 3-minute walk to WCC Playground

About This Home

As of October 2020

Open House Sunday 9/13/20 12 -3pm Beautiful garage townhome in sought after Cascades will impress and amaze you from the moment you walk in. This wonderful light & bright home offers an open floor plan with spacious eat-in kitchen and granite countertops, dining room with wainscoting and living room with built in bookshelves plus a stunning gas fireplace. The large owners bedroom features a luxurious bath with double vanity sink as well as a separate shower and tub. The spacious walk out basement with family room is great for entertaining and provides you access to a new backyard patio. The views of open common area is a bonus - and backs up to woods. Other highlights include new roof in May 2020, professional landscaped front yard , upper level laundry. Convenient to elementary school, major commuter routes, multiple golf courses, shopping and so much more. Seeing is believing!

Last Agent to Sell the Property

Scott MacDonald

RE/MAX Gateway, LLC License #225045761 Listed on: 09/10/2020

RE/MAX Gateway, LLC

Last Buyer's Agent

Diane Lee

Century 21 Redwood Realty License #43394209

Century 21 Redwood Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,338

Year Built

  • Built in 1993

Lot Details

  • 1,742 Sq Ft Lot
  • Backs to Trees or Woods

HOA Fees

  • $89 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Front Facing Garage

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2,102 Sq Ft Home
  • Property has 3 Levels
  • 1 Fireplace

Kitchen

  • Stove
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 006189805000

Community Details

Overview

  • Association fees include common area maintenance, pool(s), trash, snow removal, recreation facility
  • Cascades Subdivision

Amenities

  • Common Area
  • Party Room

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,338

Year Built

Built in 1993

Lot Details

0

HOA Fees

$89 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1993
  • Automatically Close On Close Date: Yes
  • Remarks Public: Open House Sunday 9/13/20 12 -3pm Beautiful garage townhome in sought after Cascades will impress and amaze you from the moment you walk in. This wonderful light & bright home offers an open floor plan with spacious eat-in kitchen and granite countertops, dining room with wainscoting and living room with built in bookshelves plus a stunning gas fireplace. The large owners bedroom features a luxurious bath with double vanity sink as well as a separate shower and tub. The spacious walk out basement with family room is great for entertaining and provides you access to a new backyard patio. The views of open common area is a bonus - and backs up to woods. Other highlights include new roof in May 2020, professional landscaped front yard , upper level laundry. Convenient to elementary school, major commuter routes, multiple golf courses, shopping and so much more. Seeing is believing!
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Icemaker, Refrigerator, Stove, Washer
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 2102
  • Living Area Sq Ft: 2102
  • Price Per Sq Ft: 230.73
  • Above Grade Finished Sq Ft: 2102
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 47587

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Vinyl Siding
  • 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
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 268.43
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Common Grounds, Exercise Room, Pool - Outdoor, Party Room, Tot Lots/Playground, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pool(s), Trash, Snow Removal, Recreation Facility
  • HOA: Yes
  • Senior Community: 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: 294200.00
  • Land Assessed Value: 125000.00
  • Lot Features: Backs To Trees, Private
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Year Assessed: 2020
  • Zoning: 18
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16559660
  • Tax Annual Amount: 4338.00
  • Assessor Parcel Number: 006189805000
  • Tax Total Finished Sq Ft: 2102
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2020
  • Close Date: 10/30/2020

MLS Schools

  • School District Name: LOUDOUN COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2020
Closed on
Oct 29, 2020
Sold by
Nelson Andrew N and Meadows Nelson Shay
Bought by
Fisher Michael Kenneth
Seller's Agent
Scott MacDonald
RE/MAX Gateway, LLC
Buyer's Agent
Diane Lee
Century 21 Redwood Realty
List Price
$485,000
Sold Price
$500,000
Premium/Discount to List
$15,000
3.09%
Current Estimated Value
$667,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,651
Avg. Annual Appreciation
6.38%
Original Mortgage
$450,000
Outstanding Balance
$401,349
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$274,508

Purchase Details

Closed on
Jul 28, 2018
Sold by
Nelson Andrew N and Nelson Shay M
Bought by
Nelson Andrew N and Nelson Shay M

Purchase Details

Listed on
Oct 13, 2017
Closed on
Nov 29, 2017
Sold by
Hammelman Connor J and Hammelman Melanie S
Bought by
Nelson Andrew N and Meadows Shay M
Seller's Agent
Brian Gaverth
Compass
Buyer's Agent
Scott MacDonald
RE/MAX Gateway, LLC
List Price
$430,000
Sold Price
$430,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.98%
Original Mortgage
$408,500
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 1, 2013
Closed on
Jan 4, 2013
Sold by
Brown Robert C
Bought by
Hammelman Connor J
Seller's Agent
Christine Richardson
Weichert Company of Virginia
Buyer's Agent
Linda Smith
Coldwell Banker Realty
List Price
$365,000
Sold Price
$365,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.46%
Original Mortgage
$365,000
Interest Rate
3.35%
Mortgage Type
VA

Purchase Details

Closed on
Jan 3, 1994
Sold by
Pulte Home
Bought by
Brown Robert C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,400
Interest Rate
7%
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
Fisher Michael Kenneth $500,000 Champion Title & Stlmnts Inc
Nelson Andrew N -- None Available
Nelson Andrew N $430,000 Walker Title Llc
Hammelman Connor J $365,000 --
Brown Robert C $183,415 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fisher Michael Kenneth $200,000
Closed Fisher Michael Kenneth $116,200
Closed Fisher Michael K $60,000
Open Fisher Michael Kenneth $450,000
Previous Owner Nelson Andrew N $408,500
Previous Owner Hammelman Connor J $365,000
Previous Owner Brown Robert C $183,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $500,000 +3.1% $238 / Sq Ft
09/11/2020 09/11/20 Pending -- -- --
09/10/2020 09/10/20 For Sale $485,000 +12.8% $231 / Sq Ft
11/29/2017 11/29/17 Sold $430,000 0.0% $205 / Sq Ft
10/18/2017 10/18/17 Pending -- -- --
10/13/2017 10/13/17 For Sale $430,000 +17.8% $205 / Sq Ft
02/04/2013 02/04/13 Sold $365,000 0.0% $228 / Sq Ft
02/01/2013 02/01/13 Pending -- -- --
02/01/2013 02/01/13 For Sale $365,000 -- $228 / 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 $4,821 $598,880 $190,000 $408,880
2024 $4,946 $571,810 $175,000 $396,810
2023 $4,765 $544,570 $175,000 $369,570
2022 $4,493 $504,790 $150,000 $354,790
2021 $4,460 $455,080 $130,000 $325,080
2020 $4,339 $419,200 $125,000 $294,200
2019 $4,193 $401,260 $125,000 $276,260
2018 $4,212 $388,220 $125,000 $263,220
2017 $4,190 $372,440 $125,000 $247,440
2016 $4,216 $368,180 $0 $0
2015 $4,239 $248,490 $0 $248,490
2014 $4,286 $246,040 $0 $246,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VALO420564

Bright MLS

APN: 006-18-9805