RENTED JUN 21, 2025

7250 Olde Lantern Way Springfield, VA 22152

Estimated Value: $638,013 - $686,000

3 Beds
3.5 Baths
1,995 Sq Ft
$336/Sq Ft Est. Value

Highlights

  • Open Floorplan
  • Colonial Architecture
  • Wood Flooring
  • Hunt Valley Elementary School Rated A
  • Deck
  • Game Room

About This Home

As of June 2025

** End unit with side front door. ** 3 Level fully finished. ** 3 BR & 3.5 BA. **Updated Windows. ** Hardwood Floors on main and upper level. ** Vaulted Master BR w/ walk-in closet. Master Bath Tub & Shower. ** Kitchen has Granite Counter-Tops, SS Appliances. ** Breakfast nook.** Large Living Room. Gorgeous HW floors in the basement. ** Double Decks w/stairs. Fenced Back yard. Walkout Basement w/FB. ** Light & Bright. ** HVAC(2025), Stove(2025), Microwave(2025), Dish Washer(2024). **New Paint! ** New Washer & New Dryer coming. ** Enjoy it.

Last Agent to Rent the Property

Hee Soo Chung

(703) 477-3114 heesoohr@gmail.com Hyundai Realty License #0225052078 Listed on: 06/14/2025

Last Renter's Agent

Hee Soo Chung

(703) 477-3114 heesoohr@gmail.com Hyundai Realty License #0225052078 Listed on: 06/14/2025

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1990

Lot Details

  • 2,427 Sq Ft Lot
  • Back Yard Fenced
  • Property is in excellent condition

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Fireplace With Glass Doors
  • Window Treatments
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Game Room
  • Wood Flooring

Kitchen

  • Gas Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Rear Basement Entry

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot
  • 7,250 Assigned Parking Spaces

Outdoor Features

  • Deck

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

  • Residential Lease
  • Security Deposit $3,000
  • Tenant pays for lawn/tree/shrub care, light bulbs/filters/fuses/alarm care, all utilities, minor interior maintenance, internet
  • Rent includes parking, trash removal
  • No Smoking Allowed
  • 36-Month Lease Term
  • Available 6/20/25
  • $50 Application Fee
  • $100 Repair Deductible
  • Assessor Parcel Number 0893 27 0037

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include snow removal, trash
  • Olde Oak Ridge Community
  • Olde Oak Ridge Subdivision

Amenities

  • Common Area

Recreation

  • Community Basketball Court
  • Jogging Path
  • Bike Trail

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Deposit $500
  • $30 Monthly Pet Rent

Townhouse Details

Home Type

Townhome

Year Built

Built in 1990

Lot Details

0

Rental Info

  • Date Available: 2025-06-20
  • Application Fee: 50.00
  • Lease Term: 36 Months
  • Monthly Pet Rent: 30.00
  • Pet Deposit: 500.00
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Rent Includes: Parking, Trash Removal
  • Security Deposit: 3000.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Lawn/Tree/Shrub Care, Light Bulbs/Filters/Fuses/Alarm Care, Utilities - All, Minor Interior Maintenance, Internet
  • Vacation Rental: No
  • Max Lease in Months: 36
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 6/14/2025 12:00:00 AM
  • Year Built: 1990
  • Automatically Close On Close Date: No
  • Repair Deductible: 100.00
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Oven/Range - Gas, Washer, Refrigerator
  • Interior Amenities: Dining Area, Primary Bath(s), Window Treatments, Wood Floors, Floor Plan - Open
  • Fireplace Features: Fireplace - Glass Doors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Game Room, Foyer, Bathroom 2, Bathroom 3, Primary Bathroom
  • Basement: Yes
  • Basement Type: Rear Entrance, Full, Fully Finished, Walkout Level, Connecting Stairway
  • Total Sq Ft: 1995
  • Living Area Sq Ft: 1995
  • Price Per Sq Ft: 1.86
  • Above Grade Finished Sq Ft: 1610
  • Below Grade Finished Sq Ft: 385
  • Total Below Grade Sq Ft: 385
  • 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: 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: 7250
  • Garage: No
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • 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 Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Bike Trail, Common Grounds, Jog/Walk Path
  • HOA Condo Co-Op Fee Includes: Snow Removal, Trash
  • HOA: Yes
  • Senior Community: No

Schools

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

Lot Info

  • Fencing: Fully, Rear
  • Lot Size Acres: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2427.00
  • Outdoor Living Structures: Deck(s)
  • Property Attached Yn: Yes
  • Property Condition: Very Good, Excellent
  • Zoning: PDH-3

Tax Info

  • Assessor Parcel Number: 0893 27 0037

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 16, 2024
Sold by
Chung Byung Hwa and Soon Sil
Bought by
Byung And Soon Chung Trust and Chung
Current Estimated Value
$670,503

Purchase Details

Closed on
Nov 23, 2011
Sold by
Chung Ik Young
Bought by
Chung Byung H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2006
Sold by
Parthasarathy Krishnan V
Bought by
Chung Ik Young

Purchase Details

Closed on
Aug 25, 2004
Sold by
Wilkerson Kevin V
Bought by
Parthasarathy Krishnan and Sethumathavan,Subashini

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,800
Interest Rate
6.02%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Byung And Soon Chung Trust -- None Listed On Document
Byung And Soon Chung Trust -- None Listed On Document
Chung Byung H $270,000 --
Chung Ik Young $410,000 --
Parthasarathy Krishnan $386,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chung Byung H $200,000
Previous Owner Parthasarathy Krishnan $308,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2025 06/21/25 Rented $3,000 0.0% --
06/17/2025 06/17/25 For Rent $3,000 0.0% --
06/16/2025 06/16/25 Off Market $3,000 -- --
06/14/2025 06/14/25 For Rent $3,000 +36.4% --
04/10/2021 04/10/21 Rented $2,200 -8.3% --
03/25/2021 03/25/21 Under Contract -- -- --
03/19/2021 03/19/21 For Rent $2,400 +14.3% --
04/01/2016 04/01/16 Rented $2,100 0.0% --
03/31/2016 03/31/16 Under Contract -- -- --
01/30/2016 01/30/16 For Rent $2,100 -4.5% --
05/04/2014 05/04/14 Rented $2,200 -4.3% --
05/01/2014 05/01/14 Under Contract -- -- --
02/25/2014 02/25/14 For Rent $2,300 -- --
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 $6,747 $622,920 $185,000 $437,920
2024 $6,747 $582,380 $180,000 $402,380
2023 $6,887 $610,270 $180,000 $430,270
2022 $6,268 $548,140 $160,000 $388,140
2021 $5,613 $478,300 $140,000 $338,300
2020 $5,380 $454,550 $130,000 $324,550
2019 $5,380 $454,550 $130,000 $324,550
2018 $5,063 $440,250 $130,000 $310,250
2017 $4,860 $418,590 $120,000 $298,590
2016 $4,699 $405,630 $110,000 $295,630
2015 $4,428 $396,790 $110,000 $286,790
2014 $4,418 $396,790 $110,000 $286,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAFX2247074

Bright MLS

APN: 0893-27-0037