NOT LISTED FOR SALE

7217 Olde Lantern Way Springfield, VA 22152

Estimated Value: $627,729 - $684,000

3 Beds
2.5 Baths
1,628 Sq Ft
$401/Sq Ft Est. Value

Last Sold May 15, 2015

Last sale price $400,000 $246 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $4,038/month

4 Days on Market

Highlights

  • Eat-In Gourmet Kitchen
  • Open Floorplan
  • Backs to Trees or Woods
  • Hunt Valley Elementary School Rated A
  • Colonial Architecture
  • Wood Flooring

About This Home

As of May 2015

OPEN SUN.1-4p Beautiful 3BR, 2 1/2 BA townhome in great location off of Fairfax County Pkwy. Immaculate. Large renovated eat-in kitchen w/ silestone counters, lovely cabinetry, new appilances. Large rooms, Open floor-plan. Luxurious MBR suite w/vaulted ceilings, separate tub, shower, double vanities & skylight. Roof 2011. Spacious bsmt w fireplace & plumbing roughed for bathroom. Backs to woods.

Last Agent to Sell the Property

Michael Reiley

(703) 409-4784 rex.reiley@rmxtalk.com RE/MAX Allegiance Listed on: 04/10/2015

RE/MAX Allegiance

Last Buyer's Agent

Nara Rakhmetova

(202) 491-5629 nararealtor@gmail.com Fathom Realty License #0225084618

Fathom Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,163

Year Built

  • Built in 1989

Lot Details

  • 1,540 Sq Ft Lot
  • Two or More Common Walls
  • Backs to Trees or Woods
  • Property is in very good condition

HOA Fees

  • $88 Monthly HOA Fees

Parking

  • 2 Assigned Parking Spaces

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Skylights
  • 1 Fireplace
  • Double Pane Windows
  • Six Panel Doors
  • Living Room
  • Dining Room
  • Wood Flooring

Kitchen

  • Eat-In Gourmet Kitchen
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • 2.5 Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Space For Rooms
  • Rough-In Basement Bathroom

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 62
  • Assessor Parcel Number 89-3-27- -62

Community Details

Overview

  • Association fees include management, reserve funds, snow removal, trash
  • Olde Oak Ridge Subdivision

Amenities

  • Common Area

Recreation

  • Community Playground
  • Jogging Path
  • Bike Trail

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,163

Year Built

Built in 1989

Lot Details

0

HOA Fees

$88 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
  • Year Built: 1989
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Icemaker, Microwave, Oven/Range - Electric, Washer
  • Interior Amenities: Dining Area, Kitchen - Eat-In, Kitchen - Table Space, Kitchen - Gourmet, Primary Bath(s), Wood Floors, Upgraded Countertops, Floor Plan - Open
  • Window Features: Double Pane, Skylights
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Door Features: Six Panel
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Basement
  • Basement: Yes
  • Basement Type: Full, Rough Bath Plumb, Space For Rooms, Unfinished
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Combination, Brick
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • 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: 265.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Bike Trail, Common Grounds, Jog/Walk Path, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Management, Reserve Funds, Snow Removal, Trash
  • HOA: Yes
  • Senior Community: No

Schools

  • Elementary School: HUNT VALLEY
  • High School: WEST SPRINGFIELD
  • Middle Or Junior School: IRVING

Lot Info

  • Improvement Assessed Value: 268890.00
  • Land Assessed Value: 105000.00
  • Lot Features: Backs To Trees
  • Lot Size Acres: 0.04
  • Lot Size Area: 1540
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1540.00
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Zoning: 303

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4163.27
  • Assessor Parcel Number: 89-3-27- -62
  • Tax Lot: 62
  • Tax Page Number: 893
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2015
Closed on
May 15, 2015
Sold by
Myers Philip
Bought by
Abera Abeselom
Seller's Agent
Michael Reiley
RE/MAX Allegiance
Buyer's Agent
Nara Rakhmetova
Fathom Realty
List Price
$414,900
Sold Price
$400,000
Premium/Discount to List
-$14,900
-3.59%
Current Estimated Value
$652,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,932
Avg. Annual Appreciation
4.71%
Original Mortgage
$360,000
Outstanding Balance
$277,432
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$375,500

Purchase Details

Closed on
Sep 8, 2006
Sold by
Choe John
Bought by
Myers Phillip and Ahlberg,Kristin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2004
Sold by
Hayes James L
Bought by
Choe John and Johnson,Taira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.3%
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
Abera Abeselom $400,000 --
Myers Phillip $400,000 --
Choe John $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abera Abeselom $360,000
Previous Owner Myers Phillip $320,000
Previous Owner Choe John $264,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2015 05/15/15 Sold $400,000 -3.6% $246 / Sq Ft
04/14/2015 04/14/15 Pending -- -- --
04/10/2015 04/10/15 For Sale $414,900 -- $255 / 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 $6,425 $593,220 $180,000 $413,220
2024 $6,425 $554,570 $175,000 $379,570
2023 $6,555 $580,870 $175,000 $405,870
2022 $5,959 $521,100 $155,000 $366,100
2021 $5,327 $453,900 $135,000 $318,900
2020 $5,099 $430,850 $125,000 $305,850
2019 $5,099 $430,850 $125,000 $305,850
2018 $4,799 $417,340 $125,000 $292,340
2017 $4,601 $396,300 $115,000 $281,300
2016 $4,443 $383,510 $105,000 $278,510
2015 $4,173 $373,890 $105,000 $268,890
2014 $4,163 $373,890 $105,000 $268,890
Source: Public Records

Agents Affiliated with this Home

  • Michael Reiley

    Seller's Agent in 2015

    Michael Reiley

    RE/MAX

    (703) 409-4784

    31 Total Sales

    Michael Reiley
    Section Image
  • Nara Rakhmetova

    Buyer's Agent in 2015

    Nara Rakhmetova

    Fathom Realty

    (202) 491-5629

    40 Total Sales

    Nara Rakhmetova
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003695211

Bright MLS

APN: 0893-27-0062

Virginia Fairfax County Springfield 22152

7217 Olde Lantern Way, Springfield, VA

Not Listed for Sale

Townhouses

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