NOT LISTED FOR SALE

5615 Gresham Ln Centreville, VA 20120

Estimated Value: $597,000 - $635,677

3 Beds
3.5 Baths
2,288 Sq Ft
$267/Sq Ft Est. Value

Last Sold August 16, 2024

Last sale price $580,000 $253 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,890/month

7 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Tennis Courts
  • Powell Elementary School Rated A-
  • Community Pool
  • Forced Air Heating and Cooling System

About This Home

As of August 2024

Offer deadline Sunday 10 pm.
Great location! A gorgeous brick facing three level townhouse in Centreville is ready for you. Upper level offers a nice master bedroom, spacious second bedroom and a den which you can use as an office room or a small bedroom. Walkout basement with a full bathroom, legal bedroom, spacious rec room, and a wet bar cabinet. Main level offers a huge living room, spacious kitchen, and dining area. House is ready for occupancy upon closing. A very convenient location to live in. Easy access to shopping, dining, and commuting routes (Braddock Road, Route 29, I-66, and VA-28) making daily travel a breeze. This is a great opportunity to have this house as a primary residence or an investment.
Updates:
New roof 2022, new windows and doors 2022, Upper level bathrooms remodeled 2022.

Last Agent to Sell the Property

Ram Mishra

Spring Hill Real Estate, LLC. Listed on: 07/17/2024

Spring Hill Real Estate, LLC.

Last Buyer's Agent

Monte Mokha

Pearson Smith Realty, LLC License #SP98379662

Pearson Smith Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,091

Year Built

  • Built in 1989

Lot Details

  • 1,550 Sq Ft Lot

HOA Fees

  • $124 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Block Foundation
  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace

Bedrooms and Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Rear Basement Entry

Parking

  • Assigned parking located at #21
  • On-Street Parking
  • Parking Lot
  • 2 Assigned Parking Spaces

Utilities

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

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 0544 10 0021

Community Details

Overview

  • Association fees include trash, snow removal, management
  • Walney Mills HOA
  • Center Terrace Subdivision
  • Property Manager

Recreation

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

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,091

Year Built

Built in 1989

Lot Details

0

HOA Fees

$124 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1989
  • Assigned Parking Space Numbers: 21
  • Automatically Close On Close Date: No
  • Remarks Public: Offer deadline Sunday 10 pm. Great location! A gorgeous brick facing three level townhouse in Centreville is ready for you. Upper level offers a nice master bedroom, spacious second bedroom and a den which you can use as an office room or a small bedroom. Walkout basement with a full bathroom, legal bedroom, spacious rec room, and a wet bar cabinet. Main level offers a huge living room, spacious kitchen, and dining area. House is ready for occupancy upon closing. A very convenient location to live in. Easy access to shopping, dining, and commuting routes (Braddock Road, Route 29, I-66, and VA-28) making daily travel a breeze. This is a great opportunity to have this house as a primary residence or an investment. Updates: New roof 2022, new windows and doors 2022, Upper level bathrooms remodeled 2022.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block, Concrete Perimeter
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Full, Fully Finished, Rear Entrance, Walkout Level
  • Total Sq Ft: 2288
  • Living Area Sq Ft: 2288
  • Price Per Sq Ft: 377.05
  • Above Grade Finished Sq Ft: 1538
  • Below Grade Finished Sq Ft: 750
  • Total Below Grade Sq Ft: 750
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5615

Beds/Baths

  • Bedrooms: 3
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • 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: Aluminum Siding
  • 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
  • Type Of Parking: Parking Lot, 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
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 124.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Pool - Outdoor, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Trash, Snow Removal, Management
  • HOA Name: WALNEY MILLS
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: FAIRFAX COUNTY PUBLIC SCHOOLS
  • School District Key: 121138392980
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 031
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1550.00
  • Year Assessed: 2024
  • Zoning: 212
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 6091.00
  • Assessor Parcel Number: 0544 10 0021
  • Tax Lot: 21
  • Tax Total Finished Sq Ft: 1538
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 08/16/2024

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2024
Closed on
Aug 16, 2024
Sold by
Subedi Madan and Subedi Smriti Kafle
Bought by
Singh Goraya Resham and Goraya Rajinder K
Seller's Agent
Ram Mishra
Spring Hill Real Estate, LLC.
Buyer's Agent
Monte Mokha
Pearson Smith Realty, LLC
List Price
$579,900
Sold Price
$580,000
Premium/Discount to List
$100
0.02%
Views
47
Current Estimated Value
$611,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,419
Avg. Annual Appreciation
4.85%
Original Mortgage
$522,000
Outstanding Balance
$517,107
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$93,351

Purchase Details

Closed on
Jan 26, 2021
Sold by
Kafle Smriti and Subedi Madan
Bought by
Subedi Madan and Subedi Smriti Kafle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,000
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 9, 2019
Closed on
Nov 14, 2019
Sold by
Cummings Ross Lee and Cummings Christina Leigh
Bought by
Subedi Madan and Kafle Smriti
Seller's Agent
Josh Dukes
KW Metro Center
Buyer's Agent
Nam Giang
United Real Estate
List Price
$415,000
Sold Price
$415,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.83%
Original Mortgage
$394,250
Interest Rate
3.65%

Purchase Details

Closed on
Oct 28, 1996
Sold by
Walton Mark S
Bought by
Cummings Ross L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,035
Interest Rate
8.22%
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
Singh Goraya Resham $580,000 First American Title
Subedi Madan -- None Listed On Document
Subedi Madan -- Atd Title Llc
Subedi Madan $415,000 Elite Title & Escrow Llc
Cummings Ross L $148,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Goraya Resham $522,000
Previous Owner Subedi Madan $387,000
Previous Owner Subedi Madan $387,000
Previous Owner Subedi Madan $394,250
Previous Owner Cummings Ross $236,500
Previous Owner Cummings Ross $80,000
Previous Owner Cummings Ross L $147,035
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2024 08/16/24 Sold $580,000 0.0% $253 / Sq Ft
07/17/2024 07/17/24 For Sale $579,900 +39.7% $253 / Sq Ft
11/15/2019 11/15/19 Sold $415,000 0.0% $270 / Sq Ft
10/15/2019 10/15/19 Pending -- -- --
10/09/2019 10/09/19 For Sale $415,000 -- $270 / 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 $6,091 $525,790 $145,000 $380,790
2023 $5,602 $496,400 $140,000 $356,400
2022 $5,113 $447,140 $130,000 $317,140
2021 $4,923 $419,500 $120,000 $299,500
2020 $4,684 $395,810 $115,000 $280,810
2019 $4,601 $388,790 $110,000 $278,790
2018 $4,246 $369,180 $98,000 $271,180
2017 $4,130 $355,750 $95,000 $260,750
2016 $3,995 $344,880 $90,000 $254,880
2015 $3,849 $344,880 $90,000 $254,880
2014 $3,512 $315,440 $85,000 $230,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAFX2192270

Bright MLS

APN: 0544-10-0021