NOT LISTED FOR SALE

7216 Olde Lantern Way Springfield, VA 22152

Estimated Value: $656,429 - $693,000

3 Beds
3.5 Baths
1,610 Sq Ft
$420/Sq Ft Est. Value

Last Sold March 12, 2024

Last sale price $655,000 $407 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,146/month

5 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Upgraded Countertops
  • Hunt Valley Elementary School Rated A
  • 1 Fireplace
  • Breakfast Area or Nook

About This Home

As of March 2024

This fantastic townhome has so much to offer. 3bedroom/3 full bath/1 half bath, with 1 car garage backing to trees and situated in the highly sought after community of Olde Oak Ridge. Freshly paint, beautiful hardwood floor throughout the house. The wide-open main level that greets you upon entering offers up the living and dining room combo that is wonderful for entertaining. Fully updated kitchen, new SS appliances, with huge eat-in kitchen that features ample amount of cabinets and counter space. From the kitchen step out back and relax on the rear deck that backs to trees and provides great privacy! Heading up to the upper level you will find all 3 bedrooms, the master bedroom has vaulted ceilings and a walk-in closet. The lower level of this lovely home offers another full bath and the rec-room complete with recessed lighting and the fireplace. 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

Jainyu Wang

(301) 216-3998 jackie@bmirealtors.com BMI REALTORS INC. License #BR98379071 Listed on: 02/08/2024

Last Buyer's Agent

Hasset Hailu

(703) 658-3999 ikonrealty.dmv@gmail.com DMV Realty, INC.

DMV Realty, INC.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,667

Year Built

  • Built in 1989

Lot Details

  • 1,672 Sq Ft Lot

HOA Fees

  • $91 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Permanent Foundation
  • Vinyl Siding

Interior Spaces

  • 1,610 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • 1 Fireplace
  • Window Treatments
  • Family Room Off Kitchen
  • Dining Area
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Garage Access
  • Laundry in Basement
  • Natural lighting in basement

Schools

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

Utilities

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

Community Details

  • Olde Oak Ridge Subdivision

Listing and Financial Details

  • Tax Lot 49
  • Assessor Parcel Number 0893 27 0049

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,667

Year Built

Built in 1989

Lot Details

0

HOA Fees

$91 per month

Parking

1

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
  • Year Built: 1989
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Oven/Range - Electric, Stainless Steel Appliances, Washer
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Dining Area, Family Room Off Kitchen, Kitchen - Eat-In, Upgraded Countertops, Walk-In Closet(s), Window Treatments, Wood Floors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Permanent
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Daylight, Full, Fully Finished, Garage Access, Heated
  • Laundry Type: Basement
  • Total Sq Ft: 1610
  • Living Area Sq Ft: 1610
  • Price Per Sq Ft: 403.66
  • Above Grade Finished Sq Ft: 1610
  • Above Grade Finished Area Units: Square Feet

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • 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 - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • 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: 273.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: 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

  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1672.00
  • Zoning: 303
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6667.00
  • Assessor Parcel Number: 0893 27 0049
  • Tax Lot: 49
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2024
Closed on
Mar 12, 2024
Sold by
Xia Xiuli
Bought by
Debebe Natnael Wolde and Woldeyesus Mehalek Workneh
Seller's Agent
Jainyu Wang
BMI REALTORS INC.
Buyer's Agent
Hasset Hailu
DMV Realty, INC.
List Price
$649,900
Sold Price
$655,000
Premium/Discount to List
$5,100
0.78%
Views
115
Current Estimated Value
$676,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,107
Avg. Annual Appreciation
1.65%
Original Mortgage
$630,500
Outstanding Balance
$620,013
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$56,094

Purchase Details

Closed on
Dec 1, 2021
Sold by
Duan Changshun and Xia Xiuli
Bought by
Xia Xiuli

Purchase Details

Closed on
Sep 28, 2021
Sold by
Duan Changshun and Xia Xiuli
Bought by
Duan Changshun and Xia Xiuli

Purchase Details

Closed on
Jul 11, 2016
Sold by
Duan Changshun and Xia Xiuli
Bought by
Duan Changshun

Purchase Details

Closed on
May 12, 2003
Sold by
Dimaria Joseph
Bought by
Xia Xiuli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
5.93%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Debebe Natnael Wolde $655,000 First American Title
Wolde Debebe Natnael $655,000 First American Title
Xia Xiuli -- None Listed On Document
Xia Xiuli -- Accommodation
Duan Changshun -- Accommodation
Duan Changshun -- None Available
Xia Xiuli $304,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wolde Debebe Natnael $630,500
Closed Wolde Debebe Natnael $630,500
Previous Owner Xia Xiuli $243,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2024 03/12/24 Sold $655,000 +0.8% $407 / Sq Ft
02/13/2024 02/13/24 Pending -- -- --
02/08/2024 02/08/24 For Sale $649,900 -- $404 / Sq Ft
Source: Bright MLS

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 $6,531 $624,520 $180,000 $444,520
2024 $6,531 $563,770 $175,000 $388,770
2023 $6,666 $590,720 $175,000 $415,720
2022 $6,060 $529,970 $155,000 $374,970
2021 $5,417 $461,610 $135,000 $326,610
2020 $5,187 $438,240 $125,000 $313,240
2019 $5,829 $438,240 $125,000 $313,240
2018 $5,645 $424,410 $125,000 $299,410
2017 $0 $403,090 $115,000 $288,090
2016 $4,521 $390,230 $105,000 $285,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAFX2163626

Bright MLS

APN: 0893-27-0049

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