NOT LISTED FOR SALE

501 Lilac Terrace NE Leesburg, VA 20176

Estimated Value: $542,000 - $579,910

3 Beds
3.5 Baths
1,846 Sq Ft
$306/Sq Ft Est. Value

Last Sold July 26, 2023

Last sale price $550,000 $298 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,587/month

4 Days on Market

Highlights

  • Clubhouse
  • Deck
  • Traditional Architecture
  • Heritage High School Rated A
  • Vaulted Ceiling
  • Game Room

About This Home

As of July 2023

Prime Location, minutes to major shopping outlets/stores. All the updates plus a RARE TWO LEVEL School bus stops at Sycamore Hill and Lilac Ter. BUMP OUT with Skylight! Freshly painted brick front, bright end unit townhome in sought after Sycamore Hill Community. The two level bump out adds an extension thru the ground level rec room, a sunroom on the main level, 3 beds, 3 full and 1 half baths. HVAC system 2021 and Water Heater 2017, Roof 2018 and basement carpet replaced within last 2 years. Updated eat in kitchen with granite counter tops and stainless steel appliances, Microwave 2023, Dishwasher 2023, Gas Stove 2023. Hardwood flooring on the main level. Totally renovated master bathroom, all other bathrooms updated. New laminate flooring on the upper level. Fully finished basement has a den and a full bathroom with soaking tub, walk out to fully fenced/private backyard. The deck and fence have just been re-stained. Conveniently located minutes from the Leesburg outlets and other major stores including several dining options and within a short distance from all that downtown Leesburg has to offer. Sycamore Hills offers great HOA Amenities: Swimming Pool, Tennis Courts, Basketball Courts and several Playgrounds to enjoy. Home has 2 assigned parking and plenty of Visitor parking spaces are close by.

Last Agent to Sell the Property

Heena Shrestha

Spring Hill Real Estate, LLC. License #0225188021 Listed on: 06/23/2023

Spring Hill Real Estate, LLC.

Last Buyer's Agent

jose Mendez

Weichert, REALTORS

Weichert, REALTORS

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,872

Year Built

  • Built in 1998

Lot Details

  • 2,178 Sq Ft Lot
  • Property is Fully Fenced

HOA Fees

  • $110 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • Property has 3 Levels
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Bay Window
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Game Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • <<microwave>>
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Finished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Interior and Rear Basement Entry
  • Basement with some natural light

Home Security

Outdoor Features

  • Deck
  • Shed

Schools

  • Frederick Douglass Elementary School
  • Harper Park Middle School
  • Heritage High School

Utilities

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

Listing and Financial Details

  • Tax Lot 242
  • Assessor Parcel Number 148360393000

Community Details

Overview

  • Association fees include common area maintenance, snow removal, trash
  • Sycamore Hill HOA
  • Sycamore Hill Subdivision, Morgan Floorplan
  • Sycamore Hill Community

Amenities

  • Common Area
  • Clubhouse

Recreation

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

Pet Policy

  • No Pets Allowed

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,872

Year Built

Built in 1998

Lot Details

0

HOA Fees

$110 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2023-06-23
  • Federal Flood Zone: No
  • Year Built: 1998
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Icemaker, Microwave, Oven/Range - Gas, Refrigerator
  • Interior Amenities: Family Room Off Kitchen, Kitchen - Table Space, Ceiling Fan(s)
  • Window Features: Bay/Bow, Skylights
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings, Vaulted Ceilings
  • Foundation Details: Block
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Game Room, Family Room
  • Basement: Yes
  • Basement Type: Full, Connecting Stairway, Daylight, Partial, Fully Finished, Interior Access, Rear Entrance
  • Total Sq Ft: 1846
  • Living Area Sq Ft: 1846
  • Price Per Sq Ft: 412.84
  • Above Grade Finished Sq Ft: 1332
  • Below Grade Finished Sq Ft: 514
  • Total Below Grade Sq Ft: 514
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 501

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • 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
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Brick, Combination
  • Road Surface Type: Paved
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 110.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Tennis Courts, Tot Lots/Playground, Basketball Courts, Club House, Common Grounds
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Snow Removal, Trash
  • HOA Name: SYCAMORE HILL HOA
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: LOUDOUN COUNTY PUBLIC SCHOOLS
  • Elementary School: FREDERICK DOUGLASS
  • Middle School: HARPER PARK
  • High School: HERITAGE
  • Elementary School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121139189813
  • School District Source: Listing Agent
  • Elementary School: FREDERICK DOUGLASS
  • High School: HERITAGE
  • Middle Or Junior School: HARPER PARK

Lot Info

  • Agricultural District: 00
  • Fencing: Fully
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2023
  • Zoning: LB:R16
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4872.00
  • Assessor Parcel Number: 148360393000
  • Tax Lot: 242
  • Tax Total Finished Sq Ft: 1846
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 07/26/2023

MLS Schools

  • School District Name: LOUDOUN COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2023
Closed on
Jul 26, 2023
Sold by
Ojha Bimal and Subedi Mathura
Bought by
Rivera Bernardo Daniel Delga
Seller's Agent
Heena Shrestha
Spring Hill Real Estate, LLC.
Buyer's Agent
jose Mendez
Weichert, REALTORS
List Price
$549,900
Sold Price
$550,000
Premium/Discount to List
$100
0.02%
Views
105
Current Estimated Value
$564,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,728
Avg. Annual Appreciation
0.44%
Original Mortgage
$540,038
Outstanding Balance
$530,114
Interest Rate
6.69%
Mortgage Type
FHA
Estimated Equity
$24,758

Purchase Details

Listed on
Apr 23, 2016
Closed on
Jun 23, 2016
Sold by
Geter Michael and Geter Dana W
Bought by
Ojha Bimal and Subedi Mathura
Seller's Agent
Jeddie Busch
Compass
Buyer's Agent
Martha McGrail
MONO Realty
List Price
$339,900
Sold Price
$339,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.02%
Original Mortgage
$322,905
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2002
Sold by
Chrysler Michael L
Bought by
Geter Michael and Washington,Dana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.09%

Purchase Details

Closed on
Sep 28, 2000
Sold by
Simon Alissa
Bought by
Chrysler Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,450
Interest Rate
7.94%
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
Rivera Bernardo Daniel Delga $550,000 None Listed On Document
Ojha Bimal $339,900 Highland Title & Escrow
Geter Michael $225,000 --
Chrysler Michael $171,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivera Bernardo Daniel Delga $540,038
Previous Owner Ojha Bimal $220,000
Previous Owner Ojha Bimal $260,000
Previous Owner Ojha Bimal $322,905
Previous Owner Geter Michael $225,000
Previous Owner Chrysler Michael $162,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2023 07/26/23 Sold $550,000 0.0% $298 / Sq Ft
06/23/2023 06/23/23 For Sale $549,900 +61.8% $298 / Sq Ft
06/23/2016 06/23/16 Sold $339,900 0.0% $239 / Sq Ft
04/27/2016 04/27/16 Pending -- -- --
04/23/2016 04/23/16 For Sale $339,900 -- $239 / 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 $4,191 $484,500 $163,500 $321,000
2023 $3,994 $456,430 $163,500 $292,930
2022 $3,716 $417,500 $128,500 $289,000
2021 $3,763 $383,990 $123,500 $260,490
2020 $3,679 $355,460 $123,500 $231,960
2019 $3,548 $339,500 $123,500 $216,000
2018 $3,511 $323,560 $93,500 $230,060
2017 $3,549 $315,470 $93,500 $221,970
2016 $3,544 $309,480 $0 $0
2015 $551 $207,790 $0 $207,790
2014 $549 $206,490 $0 $206,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VALO2052074

Bright MLS

APN: 148-36-0393