$768,000
SOLD FEB 28, 2025

503 Cherry Ln NE Leesburg, VA 20176

5 Beds
3 Baths
2,324 Sq Ft
0.34 Acres

Recently Sold

$330 Per Sq Ft

4% Above List Price

1 Day on Market

Highlights

  • Recreation Room
  • Sun or Florida Room
  • 2 Car Direct Access Garage
  • 1 Fireplace
  • No HOA
  • 4-minute walk to Carrvale Park

About This Home

As of February 2025

GORGEOUS 5 BEDROOM 3 BATH 2 CAR GARAGE SINGLE FAMILY HOME IN SOUGHT AFTER CARRVALE COMMUNITY IN LEESBURG - METICULOUSLY MAINTAINED FOR THE PAST 35 YEARS WITH SAME OWNERS - 2 CAR GARAGE, MAIN BEDROOM & MAIN BATHROOM ADDITION ADDED IN 2003 - BRIGHT SUNROOM OFF OF KITCHEN IN REAR ADDED IN 2016 - NEW ROOF AND SOLAR PANELS ADDED IN 2020 - FULL KITCHEN REMODEL IN 2016 - MAIN AND LOWER LEVEL BATHROOMS RECENTLY REMODELED - HUGE 19 x 14 MAIN BEDROOM WITH CATHEDRAL CEILINGS, GAS FIREPLACE, WALK-IN CLOSET AND LUXURY BATH WITH DUAL SHOWER HEADS, JETTED JACUZZI TUB & DUAL SINKS - UPDATED KITCHEN WITH STAINLESS STEEL APPLIANCES & QUARTZ COUNTERTOPS - FULLY FINISHED BASEMENT WITH 2 ADDITIONAL BEDROOMS, FULL BATHROOM, RECREATION ROOM WITH GAS FIREPLACE & LAUNDRY ROOM - UPDATED FLOORING THROUGHOUT - BEAUTIFULLY LANDSCAPED FENCED YARD - PRIVATE DECK, STONE PATIO WITH WALKWAYS, SHED & GAZEBO.

Last Agent to Sell the Property

Gary Bare

(703) 727-6084 gbarerealtor@gmail.com Samson Properties License #0225135236 Listed on: 01/03/2025

Samson Properties

Last Buyer's Agent

Damon Nicholas

(703) 283-0200 Damon@DamonSellsHomes.com EXP Realty, LLC License #0225136129

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,129

Year Built

  • Built in 1981

Lot Details

  • 0.34 Acre Lot
  • Property is zoned LB:R4

Parking

  • 2 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Rear-Facing Garage
  • Garage Door Opener

Home Design

  • Split Foyer
  • Brick Foundation
  • Masonry

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace
  • Dining Room
  • Recreation Room
  • Sun or Florida Room
  • Finished Basement
  • Basement with some natural light
  • Laundry Room

Bedrooms and Bathrooms

Eco-Friendly Details

  • Heating system powered by active solar

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Carrvale Subdivision

Listing and Financial Details

  • Assessor Parcel Number 188478856000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,129

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bi-Level, Split Foyer
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2025-01-03
  • Year Built: 1981
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Brick/Mortar
  • Levels Count: 2
  • Room List: Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Bedroom 1, Sun/Florida Room, Laundry, Recreation Room
  • Basement: Yes
  • Basement Type: Daylight, Partial, Fully Finished
  • Total Sq Ft: 2324
  • Living Area Sq Ft: 2324
  • Price Per Sq Ft: 462.44
  • Above Grade Finished Sq Ft: 1600
  • Below Grade Finished Sq Ft: 724
  • Total Below Grade Sq Ft: 724
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 3
  • All Lower Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Additional Storage Area, Garage - Front Entry, Garage - Rear Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Solar - Active
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.34
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14810.00
  • Zoning: LB:R4
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6129.00
  • Assessor Parcel Number: 188478856000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: LOUDOUN COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2025
Closed on
Mar 28, 2025
Sold by
Staley Patricia Suzan and Bragg Lucas Joseph
Bought by
Lucas And Patricia Bragg Living Trust and Bragg
Seller's Agent
Gary Bare
Samson Properties
Buyer's Agent
Damon Nicholas
EXP Realty, LLC
List Price
$739,900
Sold Price
$768,000
Premium/Discount to List
$28,100
3.8%
Views
98
Current Estimated Value
$761,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,297
Avg. Annual Appreciation
-0.96%
Original Mortgage
$307,200
Outstanding Balance
$305,679
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$456,024

Purchase Details

Listed on
Jan 3, 2025
Closed on
Feb 26, 2025
Sold by
Nuttall Anne M and Pratz Thomas E
Bought by
Bragg Lucas and Bragg Patricia
Seller's Agent
Gary Bare
Samson Properties
Buyer's Agent
Damon Nicholas
EXP Realty, LLC
List Price
$739,900
Sold Price
$768,000
Premium/Discount to List
$28,100
3.8%
Views
98

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,200
Outstanding Balance
$305,679
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$456,024
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Deed -- Old Republic National Title
Deed $768,000 Allied Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $307,200 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2025 02/28/25 Sold $768,000 +3.8% $330 / Sq Ft
01/05/2025 01/05/25 Pending -- -- --
01/03/2025 01/03/25 For Sale $739,900 -- $318 / 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 $5,024 $624,150 $266,800 $357,350
2024 $5,087 $588,080 $246,800 $341,280
2023 $5,313 $607,150 $231,800 $375,350
2022 $5,553 $520,230 $206,800 $313,430
2021 $4,458 $454,880 $180,900 $273,980
2020 $4,239 $409,540 $180,900 $228,640
2019 $4,173 $399,300 $180,900 $218,400
2018 $4,156 $383,030 $150,900 $232,130
2017 $4,219 $374,990 $150,900 $224,090
2016 $4,211 $367,760 $0 $0
2015 $646 $202,080 $0 $202,080
2014 $644 $201,170 $0 $201,170
Source: Public Records

Agents Affiliated with this Home

  • Gary Bare

    Seller's Agent in 2025

    Gary Bare

    Samson Properties

    (703) 727-6084

    29 in this area

    73 Total Sales

    Gary Bare
    Section Image
  • Damon Nicholas

    Buyer's Agent in 2025

    Damon Nicholas

    EXP Realty, LLC

    (703) 283-0200

    6 in this area

    362 Total Sales

    Damon Nicholas
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: VALO2085822

Bright MLS

APN: 188-47-8856

Virginia Loudoun County Leesburg 20176

503 Cherry Ln NE, Leesburg, VA

Sold

Detached

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