NOT LISTED FOR SALE

7225 Olde Lantern Way Springfield, VA 22152

Estimated Value: $676,000 - $689,000

3 Beds
3.5 Baths
2,400 Sq Ft
$285/Sq Ft Est. Value

Last Sold April 05, 2022

Last sale price $629,500 $262 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,452/month

2 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Wood Flooring
  • Hunt Valley Elementary School Rated A
  • Traditional Architecture
  • Attic

About This Home

As of April 2022

Welcome to this sun-drenched end-unit town home with the feel of a single family home, featuring around 2,400 square feet of living space. Enjoy three finished levels with nice designer touches throughout including chair rails, crown moldings, recessed lighting and gleaming wood floors. Stunning kitchen with granite countertops and stainless steel appliances. Walk out through the living room French doors to the back yard, which includes a privacy fence, a gorgeous wood deck/patio with built-in seating and brick walkway. The finished basement is perfect for a recreation room and/ or guest space with a full bathroom, gas fireplace and many built-ins. Prime location just minutes to shopping, restaurants and commuter options including the Springfield/Franconia Metro and VRE.

Last Agent to Sell the Property

Priti Malhotra

KW United Listed on: 03/11/2022

KW United

Last Buyer's Agent

Paul-Noel Chretien

Samson Properties License #0225024306

Samson Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,303

Year Built

  • Built in 1989

Lot Details

  • 2,380

HOA Fees

  • $87 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • 1 Fireplace
  • Screen For Fireplace
  • Window Treatments
  • Family Room
  • Living Room
  • Breakfast Room
  • Combination Kitchen and Dining Room
  • Storage Room
  • Utility Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Stove
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway

Parking

  • Off-Street Parking
  • 2 Assigned Parking Spaces

Schools

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

Utilities

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

Additional Features

  • Deck
  • 2,380 Sq Ft Lot

Community Details

  • Olde Oak Ridge Subdivision, Ashby Floorplan

Listing and Financial Details

  • Tax Lot 66
  • Assessor Parcel Number 0893 27 0066

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,303

Year Built

Built in 1989

Lot Details

0

HOA Fees

$87 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-03-12
  • Year Built: 1989
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to this sun-drenched end-unit town home with the feel of a single family home, featuring around 2,400 square feet of living space. Enjoy three finished levels with nice designer touches throughout including chair rails, crown moldings, recessed lighting and gleaming wood floors. Stunning kitchen with granite countertops and stainless steel appliances. Walk out through the living room French doors to the back yard, which includes a privacy fence, a gorgeous wood deck/patio with built-in seating and brick walkway. The finished basement is perfect for a recreation room and/ or guest space with a full bathroom, gas fireplace and many built-ins. Prime location just minutes to shopping, restaurants and commuter options including the Springfield/Franconia Metro and VRE.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Icemaker, Refrigerator, Stove, Washer
  • Flooring Type: Carpet, Hardwood
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Floor Plan - Open, Kitchen - Table Space, Primary Bath(s), Window Treatments, Wood Floors, Attic, Floor Plan - Traditional, Kitchen - Island, Built-Ins
  • Fireplace Features: Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Other
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Breakfast Room, Laundry, Storage Room, Utility Room, Primary Bathroom
  • Basement: Yes
  • Basement Type: Connecting Stairway, Full, Fully Finished
  • Total Sq Ft: 2400
  • Living Area Sq Ft: 2400
  • Price Per Sq Ft: 305.28
  • Above Grade Finished Sq Ft: 1800
  • Below Grade Finished Sq Ft: 600
  • Total Below Grade Sq Ft: 600
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7225

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
  • 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: Brick, Vinyl Siding
  • 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
  • Type Of Parking: Off Street

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: 261.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: FAIRFAX COUNTY PUBLIC SCHOOLS
  • Elementary School: HUNT VALLEY
  • Middle School: IRVING
  • High School: WEST SPRINGFIELD
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138392980
  • School District Source: Listing Agent
  • Elementary School: HUNT VALLEY
  • High School: WEST SPRINGFIELD
  • Middle Or Junior School: IRVING

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 377100.00
  • Land Assessed Value: 160000.00
  • Land Use Code: 031
  • Lot Features: Corner
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2380.00
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2022
  • Zoning: 303
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 19492664
  • Tax Annual Amount: 6303.00
  • Assessor Parcel Number: 0893 27 0066
  • Tax Lot: 66
  • Tax Page Number: 893
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 04/05/2022

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2022
Closed on
Apr 5, 2022
Sold by
Olde Lantern Llc
Bought by
Nicastro Luke Anthony and Phillips Katherine Virginia
Seller's Agent
Priti Malhotra
KW United
Buyer's Agent
Paul-Noel Chretien
Samson Properties
List Price
$549,500
Sold Price
$629,500
Premium/Discount to List
$80,000
14.56%
Current Estimated Value
$684,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,030
Avg. Annual Appreciation
2.65%
Original Mortgage
$598,025
Outstanding Balance
$564,694
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$119,836

Purchase Details

Listed on
Oct 15, 2018
Closed on
Sep 20, 2018
Sold by
Barboza Ana Maria and Sotela Ana Maria
Bought by
Olde Lantern Llc and Schmoyer Enterprises Llc
Seller's Agent
Priti Malhotra
KW United
Buyer's Agent
Angela McDowell
KW United
Sold Price
$2,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.93%

Purchase Details

Closed on
Oct 25, 2016
Sold by
Sotela Roman G and Sotela Ana Maria
Bought by
Sotela Ana Maria and Gooch William Andrew

Purchase Details

Closed on
Jun 15, 2005
Sold by
Hawkins Christopher S
Bought by
Sotela Roman G and Gooch,Ana Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,800
Interest Rate
5.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2000
Sold by
Hume David E
Bought by
Hawkins Christopher S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,380
Interest Rate
8.13%
Source: Public Records

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Range of Values:

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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
Nicastro Luke Anthony $629,500 North American Title
Olde Lantern Llc $465,000 Strategic National Title
Sotela Ana Maria -- None Available
Sotela Roman G $466,000 --
Hawkins Christopher S $203,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nicastro Luke Anthony $598,025
Previous Owner Sotela Ana M $310,000
Previous Owner Sotela Roman G $372,800
Previous Owner Hawkins Christopher S $202,380
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2022 04/05/22 Sold $629,500 +14.6% $262 / Sq Ft
03/13/2022 03/13/22 Pending -- -- --
03/11/2022 03/11/22 For Sale $549,500 0.0% $229 / Sq Ft
10/30/2018 10/30/18 Rented $2,350 -2.1% --
10/15/2018 10/15/18 For Rent $2,400 0.0% --
09/20/2018 09/20/18 Sold $465,000 0.0% $289 / Sq Ft
08/29/2018 08/29/18 Pending -- -- --
06/23/2018 06/23/18 For Sale $464,900 0.0% $289 / Sq Ft
07/20/2015 07/20/15 Rented $2,400 0.0% --
07/15/2015 07/15/15 Under Contract -- -- --
06/05/2015 06/05/15 For Rent $2,400 +2.1% --
06/08/2014 06/08/14 Rented $2,350 0.0% --
06/06/2014 06/06/14 Under Contract -- -- --
06/01/2014 06/01/14 For Rent $2,350 -- --
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 $6,615 $570,970 $180,000 $390,970
2023 $6,749 $598,070 $180,000 $418,070
2022 $6,142 $537,100 $160,000 $377,100
2021 $5,498 $468,520 $140,000 $328,520
2020 $5,268 $445,090 $130,000 $315,090
2019 $5,268 $445,090 $130,000 $315,090
2018 $4,959 $431,180 $130,000 $301,180
2017 $4,758 $409,810 $120,000 $289,810
2016 $4,599 $396,940 $110,000 $286,940
2015 $4,332 $388,140 $110,000 $278,140
2014 $4,322 $388,140 $110,000 $278,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAFX2054698

Bright MLS

APN: 0893-27-0066