NOT LISTED FOR SALE

551 Lilac Terrace NE Leesburg, VA 20176

Estimated Value: $550,000 - $605,608

3 Beds
3.5 Baths
2,157 Sq Ft
$264/Sq Ft Est. Value

Last Sold November 21, 2022

Last sale price $485,544 $225 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,525/month

53 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Wood Flooring
  • Heritage High School Rated A
  • Traditional Floor Plan
  • Garden View

About This Home

As of November 2022

*Motivated seller **** 2% closing cost incentive for the buyer****
Back on the Market - Financing didn't go through.
End unit/Brick front townhouse with multiple updates including new roof, new HVAC system, new kitchen countertops, new floorings, new paint, and new appliances. Spacious living and dining area with extension in living room and basement. Bright primary bedroom suite with 2 additional bedrooms on upper level. Kitchen has upgraded cherry cabinets, stainless steel appliances, double wide fridge, custom ceramic tiles in foyer and kitchen. Fully finished lower-level rec room with additional room and full bathroom, walks out to patio and fully fenced backyard. Stainless.+ HOA maintained outdoor swimming pool, tennis courts, playgrounds, basketball courts. Minutes to all major stores and Leesburg Outlets Mall, downtown Leesburg, and easy access to Rt. 7, 15 and Toll Rd.

Last Agent to Sell the Property

Nayer Din

Spring Hill Real Estate, LLC. License #225101248 Listed on: 09/06/2022

Spring Hill Real Estate, LLC.

Last Buyer's Agent

Jarbi Bonilla

Bradley Group Realtors License #0225260913

Bradley Group Realtors

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,719

Year Built

  • Built in 2000

Lot Details

  • 2,614 Sq Ft Lot
  • Backs To Open Common Area
  • Wood Fence
  • Back Yard Fenced
  • Property is in excellent condition

HOA Fees

  • $105 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Slate Roof
  • Vinyl Siding
  • Brick Front
  • Masonry

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Furnished
  • Chair Railings
  • Crown Molding
  • Ceiling Fan
  • Sliding Doors
  • Entrance Foyer
  • Family Room Off Kitchen
  • Formal Dining Room
  • Recreation Room
  • Bonus Room
  • Sun or Florida Room
  • Storage Room
  • Garden Views

Kitchen

  • Electric Oven or Range
  • Built-In Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Electric Dryer
  • ENERGY STAR Qualified Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Rear Basement Entry
  • Sump Pump
  • Laundry in Basement
  • Natural lighting in basement

Home Security

Parking

  • Assigned parking located at #222
  • Private Parking
  • Free Parking
  • Lighted Parking
  • On-Street Parking
  • Parking Permit Included
  • Parking Space Conveys
  • 2 Assigned Parking Spaces

Outdoor Features

  • Deck
  • Patio
  • Outdoor Storage

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater
  • Phone Available
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 222
  • Assessor Parcel Number 148359942000

Community Details

Overview

  • Association fees include common area maintenance, management, pool(s), recreation facility, road maintenance, snow removal, trash
  • Building Winterized
  • Sycamore Hill Homeowners Association
  • Sycamore Hill Subdivision
  • Property Manager

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Pool

Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,719

Year Built

Built in 2000

Lot Details

0

HOA Fees

$105 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-09-07
  • Federal Flood Zone: No
  • Year Built: 2000
  • Assigned Parking Space Numbers: 222
  • Automatically Close On Close Date: No
  • Building Winterized: Yes
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Cooktop, Dishwasher, Disposal, Dryer - Electric, Energy Star Clothes Washer, Exhaust Fan, Icemaker, Microwave, Oven - Single, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Entry Floor: 1
  • Flooring Type: Carpet, Ceramic Tile, Hardwood, Laminate Plank, Laminated
  • Interior Amenities: Carpet, Ceiling Fan(s), Chair Railings, Crown Moldings, Dining Area, Family Room Off Kitchen, Floor Plan - Traditional, Formal/Separate Dining Room, Pantry, Soaking Tub, Stall Shower, Tub Shower, Walk-In Closet(s), Wood Floors
  • Window Features: Storm
  • Fireplace: No
  • Door Features: Sliding Glass, Storm
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Slab
  • Floors In Unit Count: 3
  • Levels Count: 3
  • Room List: Dining Room, Kitchen, Family Room, Basement, Foyer, Sun/Florida Room, Laundry, Recreation Room, Storage Room, Bathroom 3, Bonus Room, Half Bath
  • Basement: Yes
  • Basement Type: Daylight, Full, Full, Fully Finished, Outside Entrance, Rear Entrance, Sump Pump, Walkout Level
  • Basement Finished Percent: 100.00
  • Laundry Type: Basement, Has Laundry
  • Total Sq Ft: 2157
  • Living Area Sq Ft: 2157
  • Price Per Sq Ft: 319.08
  • Above Grade Finished Sq Ft: 1520
  • Below Grade Finished Sq Ft: 637
  • Total Below Grade Sq Ft: 637
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 551

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
  • Construction Materials: Masonry, Brick Front, Vinyl Siding
  • Exterior Features: Satellite Dish, Secure Storage, Street Lights
  • Road Surface Type: Paved
  • Roof: Slate
  • Spa: No
  • View: Garden/Lawn
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned, Free, Lighted Parking, Parking Space Conveys, Permit Included, Private
  • Type Of Parking: On Street

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
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public
  • Municipal Trash: No
  • Internet Services: Broadband, Cable, DSL, Fiber Optic

Condo/Co-op/Association

  • HOA Fees: 105.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Pool - Outdoor, Swimming Pool, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Pool(s), Recreation Facility, Road Maintenance, Snow Removal, Trash
  • HOA Name: SYCAMORE HILL HOMEOWNERS ASSOCIATION
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Above Ground, Fenced, Filtered, In Ground

Schools

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

  • Horses: No
  • Additional Parcels: No
  • Fencing: Rear, Wood
  • Lot Features: Backs - Open Common Area, Open, Rear Yard
  • Lot Size Acres: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2614.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Excellent
  • Soil Types: Unknown
  • Year Assessed: 2022
  • Zoning: LB:R16
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 4719.00
  • Assessor Parcel Number: 148359942000
  • Tax Lot: 222
  • Tax Total Finished Sq Ft: 2157
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 11/21/2022

MLS Schools

  • School District Name: LOUDOUN COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2022
Closed on
Nov 17, 2022
Sold by
Din Nayer
Bought by
Aguilar Tito A
Seller's Agent
Nayer Din
Spring Hill Real Estate, LLC.
Buyer's Agent
Jarbi Bonilla
Bradley Group Realtors
List Price
$525,900
Sold Price
$485,544
Premium/Discount to List
-$40,356
-7.67%
Views
74
Current Estimated Value
$569,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,108
Avg. Annual Appreciation
5.82%
Original Mortgage
$502,460
Outstanding Balance
$478,056
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$91,487

Purchase Details

Closed on
Sep 14, 2011
Sold by
Matthies William W
Bought by
Din Nayer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,409
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 21, 2004
Sold by
Perko Ralph
Bought by
Runyon Matthew M and Matthies,William A

Purchase Details

Closed on
Oct 21, 2003
Sold by
White Trina
Bought by
Perko Ralph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,400
Interest Rate
6.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2000
Sold by
Washington Homes
Bought by
White Trina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,530
Interest Rate
7.76%
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
Aguilar Tito A $485,000 Old Republic National Title
Din Nayer $260,000 --
Runyon Matthew M $344,000 --
Perko Ralph $263,000 --
White Trina $174,518 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aguilar Tito A $502,460
Previous Owner Din Nayer $100,000
Previous Owner Din Nayer T $73,961
Previous Owner Din Nayer $253,409
Previous Owner Perko Ralph $210,400
Previous Owner White Trina $169,530
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2022 11/21/22 Sold $485,544 +0.1% $225 / Sq Ft
10/29/2022 10/29/22 Pending -- -- --
10/21/2022 10/21/22 Price Changed $485,000 -2.0% $225 / Sq Ft
09/27/2022 09/27/22 Price Changed $495,000 -5.3% $229 / Sq Ft
09/16/2022 09/16/22 Price Changed $522,900 -0.6% $242 / Sq Ft
09/06/2022 09/06/22 For Sale $525,900 -- $244 / 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 $4,620 $573,900 $163,500 $410,400
2024 $4,625 $534,660 $163,500 $371,160
2023 $4,196 $479,510 $163,500 $316,010
2022 $3,935 $442,140 $128,500 $313,640
2021 $3,984 $406,530 $123,500 $283,030
2020 $3,856 $372,520 $123,500 $249,020
2019 $3,743 $358,180 $123,500 $234,680
2018 $3,691 $340,200 $93,500 $246,700
2017 $3,732 $331,770 $93,500 $238,270
2016 $3,708 $323,870 $0 $0
2015 $577 $221,830 $0 $221,830
2014 $574 $220,380 $0 $220,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VALO2035168

Bright MLS

APN: 148-35-9942