NOT LISTED FOR SALE

7231 Olde Lantern Way Springfield, VA 22152

Estimated Value: $655,266 - $678,000

3 Beds
3.5 Baths
1,812 Sq Ft
$370/Sq Ft Est. Value

Last Sold August 28, 2015

Last sale price $385,000 $212 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $4,339/month

42 Days on Market

Highlights

  • Open Floorplan
  • Colonial Architecture
  • Community Basketball Court
  • Hunt Valley Elementary School Rated A
  • 1 Fireplace
  • Breakfast Area or Nook

About This Home

As of August 2015

Stunning! 3 LVL, brick front, 3.5 bath home features gleaming hardwoods on main & NEW carpet! Sun-filled eat-in kitch feats gran cntrs, SS dishwasher & range. ALL NEW WINDOWS (June 2015) w/life trnsfr wrnty! Fully finished base w/full bath, FP, large utility rm for storage. UL feats large mstr ste w/double sink, sep shower & tub. Fenced rear yard, NEW paint throughout! West Springfield HS pyramid!

Last Agent to Sell the Property

Jason Sanders

Samson Properties License #SP40003258 Listed on: 06/12/2015

Samson Properties

Co-Listed By

Bonnie Sanders

Samson Properties

Last Buyer's Agent

Rong Hu

Samson Properties License #601436

Samson Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,210

Year Built

  • Built in 1990 | Remodeled in 2015

Lot Details

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

HOA Fees

  • $80 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • 1 Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Family Room
  • Living Room
  • Dining Room
  • Storage Room
  • Utility Room
  • Finished Basement
  • Connecting Stairway

Kitchen

  • Breakfast Area or Nook
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 3.5 Bathrooms

Parking

  • Parking Space Number Location: 7231
  • 2 Assigned Parking Spaces

Utilities

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

Listing and Financial Details

  • Tax Lot 69
  • Assessor Parcel Number 89-3-27- -69

Community Details

Overview

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

Recreation

  • Community Basketball Court
  • Community Playground

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,210

Year Built

Built in 1990 | Remodeled in 2015

Lot Details

0

HOA Fees

$80 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1990
  • Year Renovated: 2015
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave
  • Interior Amenities: Breakfast Area, Dining Area, Floor Plan - Open
  • Window Features: Vinyl Clad, Double Pane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Storage Room, Utility Room
  • Basement: Yes
  • Basement Type: Fully Finished, Connecting Stairway
  • Living Area Units: Square Feet
  • Total Sq Ft: 1812
  • Living Area Sq Ft: 1812
  • Price Per Sq Ft: 256.68
  • Above Grade Finished Sq Ft: 1558
  • Below Grade Finished Sq Ft: 254
  • Total Below Grade Sq Ft: 254
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7231

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Combination
  • 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
  • Parking Space Number Assigned: 7231

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: 79.56
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Management, Reserve Funds, Snow Removal, Trash
  • HOA: Yes
  • Senior Community: No

Lot Info

  • 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
  • Year Assessed: 2015
  • Zoning: 303

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4210.25
  • Assessor Parcel Number: 89-3-27- -69
  • Tax Lot: 69
  • Tax Total Finished Sq Ft: 1558
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 08/28/2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2015
Closed on
Aug 28, 2015
Sold by
Central Penn Capital Management Inc
Bought by
Zhang Danzai
Seller's Agent
Jason Sanders
Samson Properties
Buyer's Agent
Rong Hu
Samson Properties
List Price
$419,900
Sold Price
$385,000
Premium/Discount to List
-$34,900
-8.31%
Current Estimated Value
$669,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,817
Avg. Annual Appreciation
5.70%
Original Mortgage
$308,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2015
Sold by
Wittstadt Tite And Escrow Co L
Bought by
Central Penn Capital Managemen

Purchase Details

Closed on
Jul 14, 2004
Sold by
Gopalakrishn Sundararaman
Bought by
Faenza Michael M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2001
Sold by
Yacob Yohannes
Bought by
Gopalakrishnan Sundarara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,400
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 1996
Sold by
Prudential Resid L Services Lp
Bought by
Yacob Yohannes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
7.34%

Purchase Details

Closed on
Aug 28, 1995
Sold by
Smith Ivian C
Bought by
Prudential Residential Svc L P
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
Zhang Danzai $385,000 Central Title
Central Penn Capital Managemen $324,700 --
Faenza Michael M $370,000 --
Gopalakrishnan Sundarara $228,000 --
Yacob Yohannes $157,000 --
Prudential Residential Svc L P $173,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Danzai $279,000
Closed Zhang Danzai $306,000
Closed Zhang Danzai $308,000
Previous Owner Faenza Michael M $296,000
Previous Owner Gopalakrishnan Sundarara $182,400
Previous Owner Prudential Residential Svc L P $117,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2015 08/28/15 Sold $385,000 -3.7% $212 / Sq Ft
07/24/2015 07/24/15 Pending -- -- --
07/04/2015 07/04/15 Price Changed $399,900 -4.8% $221 / Sq Ft
06/12/2015 06/12/15 For Sale $419,900 -- $232 / 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
2024 $6,505 $561,540 $175,000 $386,540
2023 $6,639 $588,330 $175,000 $413,330
2022 $6,034 $527,680 $155,000 $372,680
2021 $5,386 $458,950 $135,000 $323,950
2020 $5,153 $435,370 $125,000 $310,370
2019 $5,153 $435,370 $125,000 $310,370
2018 $4,848 $421,570 $125,000 $296,570
2017 $4,646 $400,160 $115,000 $285,160
2016 $4,487 $387,340 $105,000 $282,340
2015 $4,220 $378,110 $105,000 $273,110
2014 $4,210 $378,110 $105,000 $273,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003704799

Bright MLS

APN: 0893-27-0069