NOT LISTED FOR SALE

7254 Olde Lantern Way Springfield, VA 22152

Estimated Value: $593,000 - $710,000

3 Beds
3.5 Baths
2,442 Sq Ft
$271/Sq Ft Est. Value

Last Sold June 14, 2021

Last sale price $595,000 $244 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,059/month

Highlights

  • Colonial Architecture
  • Deck
  • Community Basketball Court
  • Hunt Valley Elementary School Rated A
  • 1 Fireplace
  • Forced Air Heating and Cooling System

About This Home

As of June 2021

Gorgeous 3-level townhome backing to trees in the desirable West Springfield High School district. This home features a spacious floor plan with beautiful hardwood floors on the main and upper levels, an updated kitchen with heated floors walking out to the deck, a remodeled master bath, and the hot water heater was just replaced! This home is located moments to the Fairfax County Parkway, and just a short drive to Springfield and Kingstowne Town Centers.

Last Agent to Sell the Property

Cindy Schneider

(703) 313-6499 CINDY.SCHNEIDER@LongandFoster.com Long & Foster Real Estate, Inc. License #0225136582 Listed on: 05/07/2021

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Valerie Ofoma

(301) 298-1001 valerieofoma@yahoo.com Compass

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,094

Year Built

  • Built in 1990

Lot Details

  • 1,540 Sq Ft Lot
  • Property is in very good condition

HOA Fees

  • $89 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Assigned parking located at #7254
  • Parking Lot
  • 2 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
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 35
  • Assessor Parcel Number 0893 27 0035

Community Details

Overview

  • Association fees include common area maintenance, snow removal, trash
  • Olde Oak Ridge HOA
  • Olde Oak Ridge Subdivision, Burton Floorplan

Amenities

  • Common Area

Recreation

  • Community Basketball Court
  • Community Playground
  • Bike Trail

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,094

Year Built

Built in 1990

Lot Details

1,540 Sq Ft Lot

HOA Fees

$89 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
  • Expected On Market: 2021-05-14
  • Year Built: 1990
  • Assigned Parking Space Numbers: 7254
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Full, Walkout Level
  • Total Sq Ft: 2442
  • Living Area Sq Ft: 2442
  • Price Per Sq Ft: 337.81
  • Above Grade Finished Sq Ft: 1628
  • Below Grade Finished Sq Ft: 814
  • Total Below Grade Sq Ft: 814
  • 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: 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: Parking Lot

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 Fees: 89.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Bike Trail, Common Grounds, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Snow Removal, Trash
  • HOA Name: OLDE OAK RIDGE
  • HOA: Yes
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • 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: 318470.00
  • Land Assessed Value: 135000.00
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1540.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Zoning: 303
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 19406735
  • Tax Annual Amount: 5094.00
  • Assessor Parcel Number: 0893 27 0035
  • Tax Lot: 35
  • Tax Page Number: 893
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2021
Closed on
Jun 14, 2021
Sold by
Tenley Gerald Duane and Tenley Nipa
Bought by
Negussie Bizuwork and Seid Nassia
Seller's Agent
Cindy Schneider
Long & Foster Real Estate, Inc.
Buyer's Agent
Valerie Ofoma
Compass
List Price
$549,950
Sold Price
$595,000
Premium/Discount to List
$45,050
8.19%
Current Estimated Value
$662,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,719
Avg. Annual Appreciation
2.33%
Original Mortgage
$535,500
Outstanding Balance
$484,829
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$177,890

Purchase Details

Closed on
Apr 25, 1991
Bought by
Tenley Gerald D and Tenley Nipa
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Negussie Bizuwork $595,000 Provident Title & Escrow Llc
Tenley Gerald D $177,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Negussie Bizuwork $535,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2021 06/14/21 Sold $595,000 +8.2% $244 / Sq Ft
05/07/2021 05/07/21 Pending -- -- --
05/07/2021 05/07/21 For Sale $549,950 -- $225 / Sq Ft
Source: Bright MLS

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 $6,792 $627,720 $180,000 $447,720
2024 $6,792 $586,240 $175,000 $411,240
2023 $6,937 $614,750 $175,000 $439,750
2022 $6,308 $551,650 $155,000 $396,650
2021 $5,321 $453,470 $135,000 $318,470
2020 $5,094 $430,440 $125,000 $305,440
2019 $5,094 $430,440 $125,000 $305,440
2018 $4,795 $416,950 $125,000 $291,950
2017 $4,597 $395,920 $115,000 $280,920
2016 $4,439 $383,140 $105,000 $278,140
Source: Public Records

Agents Affiliated with this Home

  • Cindy Schneider

    Seller's Agent in 2021

    Cindy Schneider

    Long & Foster

    (703) 822-0207

    7 in this area

    584 Total Sales

    Cindy Schneider
    Section Image
  • Valerie Ofoma

    Buyer's Agent in 2021

    Valerie Ofoma

    Compass

    (202) 641-7673

    1 in this area

    20 Total Sales

    Valerie Ofoma
    Section Image
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Map

Source: Bright MLS

MLS Number: VAFX1196448

Bright MLS

APN: 0893-27-0035

Virginia Fairfax County Springfield 22152

7254 Olde Lantern Way, Springfield, VA

Not Listed for Sale

Townhouses

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