NOT LISTED FOR SALE

7212 Olde Lantern Way Springfield, VA 22152

Estimated Value: $674,665 - $715,000

3 Beds
4 Baths
2,210 Sq Ft
$313/Sq Ft Est. Value

Last Sold November 22, 2019

Last sale price $499,000 $226 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,269/month

3 Days on Market

Highlights

  • Eat-In Gourmet Kitchen
  • Open Floorplan
  • Traditional Architecture
  • Hunt Valley Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of November 2019

Location, location, location! 3BR/ 2 Full/2 Half BA end unit townhouse with 1 car garage and two walkout levels backing to parkland in Springfield! You are immediately greeted by a large, bright living/dining combo with well-maintained There is a huge eat-in kitchen with the following amenities (granite countertops; center island; stainless steel appliances, and a double convection oven). Off the kitchen is the deck that was just repainted and it even has stairs to the backyard. What a space for entertaining! The master bedroom has vaulted ceilings and a walk-in closet. While the master bath has a double vanity, soaking tub, and shower. The lower level features a wood-burning fireplace, recessed lighting, half bath, good size utility/laundry room, and extra storage under the steps. The garage has a newly painted floor and surprising shelf storage on the left wall! Hunt Valley/Irving/West Springfield pyramid. Across the street from the commuter lot. Minutes to all transportation (including Metro, VRE, 95/395/495 and Fairfax County Parkway.

Last Agent to Sell the Property

Steve McIlvaine

(202) 359-2483 steve@mhtsells.com KW United License #SP200203089 Listed on: 09/19/2019

KW United

Last Buyer's Agent

Bethany Stalder

(703) 850-4752 bethany@fidelispg.com KW Metro Center License #0225216870

KW Metro Center

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,451

Year Built

  • Built in 1989

Lot Details

  • 2,584 Sq Ft Lot
  • Property is in very good condition

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace With Glass Doors
  • Window Treatments
  • Family Room
  • Living Room
  • Dining Room
  • Dryer

Kitchen

  • Eat-In Gourmet Kitchen
  • Built-In Oven
  • Gas Oven or Range
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet

Finished Basement

  • Basement Fills Entire Space Under The House
  • Front Basement Entry
  • Laundry in Basement

Outdoor Features

  • Deck

Schools

  • Hunt Valley Elementary School
  • Irving Middle School
  • West Springfield High School

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 51
  • Assessor Parcel Number 0893 27 0051

Community Details

Overview

  • Association fees include common area maintenance, snow removal, trash, road maintenance
  • Olde Oak Ridge HOA
  • Olde Oak Ridge Subdivision

Amenities

  • Common Area

Recreation

  • Community Basketball Court
  • Community Playground
  • Bike Trail

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,451

Year Built

Built in 1989

Lot Details

0

HOA Fees

$83 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2019-09-19
  • Federal Flood Zone: No
  • Year Built: 1989
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Oven/Range - Gas, Refrigerator, Oven - Wall
  • Flooring Type: Hardwood
  • Interior Amenities: Kitchen - Gourmet, Kitchen - Table Space, Upgraded Countertops, Wood Floors, Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Dining Area, Floor Plan - Open, Kitchen - Eat-In, Primary Bath(s), Pantry, Recessed Lighting, Walk-In Closet(s), Window Treatments
  • Fireplace Features: Fireplace - Glass Doors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1, Bathroom 1, Primary Bathroom
  • Basement: Yes
  • Basement Type: Front Entrance, Full, Fully Finished, Outside Entrance
  • Laundry Type: Basement
  • Total Sq Ft: 2330
  • Living Area Sq Ft: 2210
  • Price Per Sq Ft: 304.35
  • Above Grade Finished Sq Ft: 1610
  • Below Grade Finished Sq Ft: 600
  • Below Grade Sq Ft: 120
  • Total Below Grade Sq Ft: 720
  • Above Grade Finished Area Units: Square Feet

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
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Vinyl Siding
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage Door Opener
  • 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: Private

Condo/Co-op/Association

  • HOA Fees: 248.24
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Bike Trail, Tot Lots/Playground, Common Grounds
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Snow Removal, Trash, Road Maintenance
  • HOA Name: OLDE OAK RIDGE
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: HUNT VALLEY
  • High School: WEST SPRINGFIELD
  • Middle Or Junior School: IRVING

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 330620.00
  • Land Assessed Value: 130000.00
  • Lot Size Acres: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2584.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Zoning: 303
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 19406748
  • Tax Annual Amount: 5451.00
  • Assessor Parcel Number: 0893 27 0051
  • Tax Lot: 51
  • Tax Page Number: 893
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2019
Closed on
Nov 22, 2019
Sold by
Kang Won Mo and Byun Cheong Sil
Bought by
Yemane Metasebia Aynekulu and Oriol Jean
Seller's Agent
Steve McIlvaine
KW United
Buyer's Agent
Bethany Stalder
KW Metro Center
List Price
$490,000
Sold Price
$499,000
Premium/Discount to List
$9,000
1.84%
Current Estimated Value
$692,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,166
Avg. Annual Appreciation
5.49%
Original Mortgage
$416,500
Outstanding Balance
$365,679
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$326,487

Purchase Details

Listed on
Oct 9, 2015
Closed on
Nov 20, 2015
Sold by
Jones James E
Bought by
Kang Won Mo and Byun Cheong Sil
Seller's Agent
Mitch Greek
CENTURY 21 New Millennium
Buyer's Agent
Doug Elliott
LPT Realty, 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
3.82%
Original Mortgage
$408,500
Interest Rate
3.83%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Yemane Metasebia Aynekulu $490,000 Universal Title
Kang Won Mo $430,000 Universal Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yemane Metasebia Aynekulu $416,500
Previous Owner Kang Won Mo $408,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/22/2019 11/22/19 Sold $499,000 +1.8% $226 / Sq Ft
09/23/2019 09/23/19 Pending -- -- --
09/19/2019 09/19/19 For Sale $490,000 +14.0% $222 / Sq Ft
12/04/2015 12/04/15 Sold $430,000 0.0% $267 / Sq Ft View Prior Sale
10/15/2015 10/15/15 Pending -- -- --
10/09/2015 10/09/15 For Sale $430,000 -- $267 / 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 $6,847 $632,020 $185,000 $447,020
2024 $6,847 $591,030 $180,000 $411,030
2023 $6,966 $617,320 $180,000 $437,320
2022 $6,342 $554,590 $160,000 $394,590
2021 $5,684 $484,390 $140,000 $344,390
2020 $5,451 $460,620 $130,000 $330,620
2019 $5,451 $460,620 $130,000 $330,620
2018 $5,130 $446,120 $130,000 $316,120
2017 $4,927 $424,370 $120,000 $304,370
2016 $4,765 $411,350 $110,000 $301,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAFX1088618

Bright MLS

APN: 0893-27-0051