NOT LISTED FOR SALE

7222 Olde Lantern Way Springfield, VA 22152

Estimated Value: $633,180 - $673,000

3 Beds
4 Baths
1,558 Sq Ft
$424/Sq Ft Est. Value

Last Sold April 19, 2019

Last sale price $485,000 $311 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,083/month

Highlights

  • Open Floorplan
  • Traditional Architecture
  • Community Basketball Court
  • Hunt Valley Elementary School Rated A
  • Wood Flooring
  • Jogging Path

About This Home

As of April 2019

3 Bedroom 2 Full BA and 2 Half Bath townhouse w/garage on a non-passthrough street in Springfield, VA. Roof, windows, and siding replaced in 2007. HVAC replaced in 2012. Upgraded to copper pipes n 2012. Updated eat-in kitchen w/bay window, stainless steel refrigerator with ice maker, extra cabinets,pantry, with pass thru window to DR. LR/DR open floor plan, french doors to private patio backing to parkland. MBR has vaulted ceiling/fan. Renovated MB w/frameless glass shower and rain head shower, extra storage. UL has 2 more BR & full BA. LL includes rec room w/gas fireplace, recessed lighting; laundry; access to 1 car garage. Great community! Located off of Gambrill/FFX Co Pkway, near NGA/Costco/Metro & Ft. Belvoir & 95/495.

Last Agent to Sell the Property

Steve McIlvaine

(202) 359-2483 steve@mhtsells.com KW United License #SP200203089 Listed on: 03/28/2019

KW United

Last Buyer's Agent

Sarah Cho

(703) 888-6160 sarahchorealtor@gmail.com Samson Properties License #0225204071

Samson Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,203

Year Built

  • Built in 1989

Lot Details

  • 1,672 Sq Ft Lot
  • Property is in very good condition

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,558 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Chair Railings
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace With Glass Doors
  • Fireplace Mantel
  • Gas Fireplace
  • Double Pane Windows
  • Window Treatments
  • Bay Window
  • Window Screens
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room

Kitchen

  • Eat-In Kitchen
  • Stove
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom

Finished Basement

  • Connecting Stairway
  • Laundry in Basement

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 46
  • Assessor Parcel Number 0893 27 0046

Community Details

Overview

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

Amenities

  • Common Area

Recreation

  • Community Basketball Court
  • Community Playground
  • Jogging Path
  • Bike Trail

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,203

Year Built

Built in 1989

Lot Details

0

HOA Fees

$83 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2019-03-28
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Icemaker, Stove, Stainless Steel Appliances
  • Flooring Type: Carpet, Ceramic Tile, Laminated, Wood
  • Interior Amenities: Carpet, Ceiling Fan(s), Chair Railings, Combination Kitchen/Dining, Crown Moldings, Dining Area, Floor Plan - Open, Kitchen - Eat-In, Primary Bath(s), Pantry, Recessed Lighting, Window Treatments
  • Window Features: Bay/Bow, Double Pane, Screens
  • Fireplace Features: Fireplace - Glass Doors, Gas/Propane, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Connecting Stairway, Fully Finished
  • Laundry Type: Basement
  • Total Sq Ft: 1558
  • Living Area Sq Ft: 1558
  • Price Per Sq Ft: 301.67
  • Above Grade Finished Sq Ft: 1558
  • 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: 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 - Front Entry, Inside Access
  • 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
  • Heating Fuel: Natural Gas
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 248.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Bike Trail, Common Grounds, Jog/Walk Path, Tot Lots/Playground
  • 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

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: HUNT VALLEY
  • High School: WEST SPRINGFIELD
  • Middle Or Junior School: IRVING

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 314660.00
  • Land Assessed Value: 125000.00
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1672.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Very Good
  • Zoning: 303
  • In City Limits: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 19479481
  • Tax Annual Amount: 5203.00
  • Assessor Parcel Number: 0893 27 0046
  • Tax Lot: 46
  • 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
Mar 28, 2019
Closed on
Apr 19, 2019
Sold by
Ulrich Gary A and Ulrich Carol A
Bought by
Yang Lan and Lu Hai Tao
Seller's Agent
Steve McIlvaine
KW United
Buyer's Agent
Sarah Cho
Samson Properties
List Price
$470,000
Sold Price
$485,000
Premium/Discount to List
$15,000
3.19%
Current Estimated Value
$660,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,545
Avg. Annual Appreciation
4.70%
Original Mortgage
$480,105
Outstanding Balance
$422,947
Interest Rate
4.4%
Mortgage Type
VA
Estimated Equity
$237,598

Purchase Details

Closed on
Jul 5, 2007
Sold by
Mirabile James C
Bought by
Ulrich Gary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,380
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2000
Sold by
Bruner Eric J
Bought by
Mirabile James C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,700
Interest Rate
8.15%
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
Yang Lan $485,000 First American Title Ins Co
Ulrich Gary A $438,000 --
Mirabile James C $185,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yang Lan $480,105
Previous Owner Ulrich Gary A $442,380
Previous Owner Mirabile James C $148,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2019 04/19/19 Sold $485,000 +3.2% $311 / Sq Ft
03/29/2019 03/29/19 Pending -- -- --
03/28/2019 03/28/19 For Sale $470,000 -- $302 / 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 $6,549 $604,880 $180,000 $424,880
2024 $6,549 $565,340 $175,000 $390,340
2023 $6,685 $592,340 $175,000 $417,340
2022 $6,078 $531,510 $155,000 $376,510
2021 $5,434 $463,060 $135,000 $328,060
2020 $5,847 $439,660 $125,000 $314,660
2019 $5,203 $439,660 $125,000 $314,660
2018 $4,897 $425,800 $125,000 $300,800
2017 $4,696 $404,460 $115,000 $289,460
2016 $4,537 $391,600 $105,000 $286,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAFX996556

Bright MLS

APN: 0893-27-0046