NOT LISTED FOR SALE

7271 Olde Lantern Way Springfield, VA 22152

Estimated Value: $638,241 - $687,000

3 Beds
3.5 Baths
1,592 Sq Ft
$419/Sq Ft Est. Value

Last Sold November 09, 2021

Last sale price $507,000 $318 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,132/month

Highlights

  • Colonial Architecture
  • Traditional Floor Plan
  • 1 Fireplace
  • Hunt Valley Elementary School Rated A
  • Wood Flooring
  • Community Basketball Court

About This Home

As of November 2021

***PRICE ADJUSTMENT*** Seller offering $10k at Closing Towards Updates***Seller is highly motivated*** Bring Your Offer***
This Beautiful End Unit Townhome features 3 finished levels, 3 bedrooms and 3.5 baths and a Fabulous Fenced in Backyard with brick patio. On the Main Level enjoy a Great Kitchen with Granite Counters, Stainless Steel Appliances and Breakfast Area, a Spacious Living Room with Hardwood Floors that walks out to the Backyard as well as a Separate Dining Room and Powder Room. Upstairs, you will find the Primary Bedroom complete with its own Bath with separate tub as well as 2 more Bedrooms and full bath. The Finished Lower Level provides even more space with a Great Family Room and Beautiful Fireplace and another Full Bath. Brand New Roof, Carpets and Paint! Ideally located just off Fairfax Co Pkwy, Close to Fort Belvoir, 95/395/495, commuter lots and metro.

Last Agent to Sell the Property

Marnet White

(571) 242-8317 marnetwhite@kw.com Keller Williams Realty/Lee Beaver & Assoc. Listed on: 07/22/2021

Keller Williams Realty/Lee Beaver & Assoc.

Last Buyer's Agent

Brian Burkart

(571) 233-2222 brianburkart11@gmail.com Century 21 Redwood Realty License #0225063477

Century 21 Redwood Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,467

Year Built

  • Built in 1991

Lot Details

  • 2,380 Sq Ft Lot

HOA Fees

  • $87 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Aluminum Siding

Interior Spaces

  • 1,592 Sq Ft Home
  • Property has 3 Levels
  • Traditional Floor Plan
  • 1 Fireplace
  • Dining Area
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Parking Lot
  • 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

Listing and Financial Details

  • Tax Lot 117
  • Assessor Parcel Number 0893 27 0117

Community Details

Overview

  • Association fees include common area maintenance, snow removal, trash
  • $9 Other Monthly Fees
  • 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

$5,467

Year Built

Built in 1991

Lot Details

0

HOA Fees

$87 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-07-23
  • Year Built: 1991
  • Automatically Close On Close Date: Yes
  • Remarks Public: ***PRICE ADJUSTMENT*** Seller offering $10k at Closing Towards Updates***Seller is highly motivated*** Bring Your Offer*** This Beautiful End Unit Townhome features 3 finished levels, 3 bedrooms and 3.5 baths and a Fabulous Fenced in Backyard with brick patio. On the Main Level enjoy a Great Kitchen with Granite Counters, Stainless Steel Appliances and Breakfast Area, a Spacious Living Room with Hardwood Floors that walks out to the Backyard as well as a Separate Dining Room and Powder Room. Upstairs, you will find the Primary Bedroom complete with its own Bath with separate tub as well as 2 more Bedrooms and full bath. The Finished Lower Level provides even more space with a Great Family Room and Beautiful Fireplace and another Full Bath. Brand New Roof, Carpets and Paint! Ideally located just off Fairfax Co Pkwy, Close to Fort Belvoir, 95/395/495, commuter lots and metro.
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer
  • Flooring Type: Hardwood, Carpet
  • Interior Amenities: Breakfast Area, Dining Area, Floor Plan - Traditional, Primary Bath(s), Wood Floors, Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1592
  • Living Area Sq Ft: 1592
  • Price Per Sq Ft: 329.77
  • Above Grade Finished Sq Ft: 1592
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7271

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: Aluminum 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: 260.65
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Tot Lots/Playground, Common Grounds, Bike Trail, Basketball Courts, Jog/Walk Path
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Snow Removal, Trash
  • HOA Name: OLDE OAK RIDGE
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Other Fees: 27.24
  • Other Fees Frequency: Quarterly

Schools

  • School District: FAIRFAX COUNTY PUBLIC SCHOOLS
  • Elementary School: HUNT VALLEY
  • Middle School: IRVING
  • High School: WEST SPRINGFIELD
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138392980
  • 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

  • Improvement Assessed Value: 325810.00
  • Land Assessed Value: 140000.00
  • Land Use Code: 031
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2380.00
  • Year Assessed: 2021
  • Zoning: 303
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 19406803
  • Tax Annual Amount: 5467.00
  • Assessor Parcel Number: 0893 27 0117
  • Tax Lot: 117
  • Tax Page Number: 893
  • Tax Total Finished Sq Ft: 1592
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 11/09/2021

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2021
Closed on
Nov 9, 2021
Sold by
Odom Curtis B
Bought by
Al Wazni Muthana
Seller's Agent
Marnet White
Keller Williams Realty/Lee Beaver & Assoc.
Buyer's Agent
Brian Burkart
Century 21 Redwood Realty
List Price
$550,000
Sold Price
$507,000
Premium/Discount to List
-$43,000
-7.82%
Current Estimated Value
$666,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,310
Avg. Annual Appreciation
7.13%
Original Mortgage
$491,790
Outstanding Balance
$450,766
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$215,544

Purchase Details

Closed on
Jul 8, 2005
Sold by
Bauer Kevin W
Bought by
Odom Curtis B and Odom Sr,Curtis B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,400
Interest Rate
5.71%
Mortgage Type
New Conventional
Source: Public Records

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
Al Wazni Muthana $507,000 Highland Title & Escrow
Odom Curtis B $433,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Al Wazni Muthana $491,790
Previous Owner Odom Curtis B $346,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2021 11/09/21 Sold $507,000 -3.4% $318 / Sq Ft
10/04/2021 10/04/21 Pending -- -- --
09/13/2021 09/13/21 Price Changed $525,000 -1.9% $330 / Sq Ft
08/26/2021 08/26/21 Price Changed $534,998 -2.7% $336 / Sq Ft
07/30/2021 07/30/21 For Sale $550,000 +8.5% $345 / Sq Ft
07/22/2021 07/22/21 Off Market $507,000 -- --
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 $6,609 $609,930 $185,000 $424,930
2024 $6,609 $570,460 $180,000 $390,460
2023 $6,743 $597,520 $180,000 $417,520
2022 $6,137 $536,650 $160,000 $376,650
2021 $5,466 $465,810 $140,000 $325,810
2020 $5,193 $438,800 $130,000 $308,800
2019 $5,193 $438,800 $130,000 $308,800
2018 $4,889 $425,100 $130,000 $295,100
2017 $4,688 $403,820 $120,000 $283,820
2016 $4,530 $391,010 $110,000 $281,010
2015 $4,264 $382,120 $110,000 $272,120
2014 $4,255 $382,120 $110,000 $272,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAFX2004310

Bright MLS

APN: 0893-27-0117