NOT LISTED FOR SALE

7276 Olde Lantern Way Springfield, VA 22152

Estimated Value: $675,166 - $690,000

3 Beds
3.5 Baths
1,606 Sq Ft
$425/Sq Ft Est. Value

Last Sold June 25, 2019

Last sale price $487,700 $304 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $4,162/month

Highlights

  • Colonial Architecture
  • Traditional Floor Plan
  • 1 Fireplace
  • Hunt Valley Elementary School Rated A
  • Wood Flooring
  • Formal Dining Room

About This Home

As of May 2023

Gorgeous townhouse with 3 bedrooms and 3.5 bathrooms in Olde Oak Ridge community. Gleaming wood floors, stainless appliances, updated kitchen, new gas range and new dishwasher placed in 2022, separate shower and tub in master bath, full bath in lower level, walkout basement, storage and laundry room, new washer 2022, new furnace and hot water heater 2020, new carpet late 2019, deck, patio. End unit backing to woods with lots of gorgeous trees and privacy. Award winning public schools. Convenient location just off Fairfax County Parkway, Beltway, and I-95. Minutes to Franconia/Springfield Blue Line Metro, the Burke or Springfield Virginia Railway Express, Belvoir, NGA, bus routes, the Springfield Town Center, Whole Foods, Trader Joe's, and Gourmet Giant. Small pets considered, case by case. The property has 2 reserved parking spaces and the community has ample visitor parking spots and a playground . Small pets considered, case by case.

Last Agent to Rent the Property

JoAnn Kennel

(703) 403-3899 jakennel@cox.net RE/MAX Allegiance Listed on: 04/30/2023

RE/MAX Allegiance

Last Renter's Agent

David Zadareky

(703) 499-4240 david.zadareky@compass.com Compass License #0225225537

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,947

Year Built

  • Built in 1991

Lot Details

  • 3,088 Sq Ft Lot
  • Property is in excellent condition

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,606 Sq Ft Home
  • Property has 3 Levels
  • Traditional Floor Plan
  • Ceiling Fan
  • 1 Fireplace
  • Window Treatments
  • Family Room
  • Living Room
  • Formal Dining Room
  • Utility Room
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Country Kitchen
  • Stove
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

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

  • Residential Lease
  • Security Deposit $3,000
  • Tenant pays for all utilities, exterior maintenance, fireplace/flue cleaning, frozen waterpipe damage, gutter cleaning, insurance, lawn/tree/shrub care, light bulbs/filters/fuses/alarm care, minor interior maintenance, pest control, windows/screens
  • Rent includes common area maintenance, hoa/condo fee, snow removal, trash removal
  • No Smoking Allowed
  • 12-Month Min and 36-Month Max Lease Term
  • Available 5/5/23
  • $42 Application Fee
  • Assessor Parcel Number 0893 27 0028

Community Details

Overview

  • Property has a Home Owners Association
  • Olde Oak Ridge Subdivision

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Pet Deposit $500

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,947

Year Built

Built in 1991

Lot Details

0

Rental Info

  • Date Available: 2023-05-05
  • Application Fee: 42.00
  • Pet Deposit: 500.00
  • Pets: Case By Case Basis, Size/Weight Restriction, Pet Addendum/Deposit, Number Limit
  • Pets Allowed: Yes
  • Rent Includes: Common Area Maintenance, Hoa/Condo Fee, Snow Removal, Trash Removal
  • Security Deposit: 3000.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Utilities - All, Exterior Maintenance, Fireplace/Flue Cleaning, Frozen Waterpipe Damage, Gutter Cleaning, Insurance, Lawn/Tree/Shrub Care, Light Bulbs/Filters/Fuses/Alarm Care, Minor Interior Maintenance, Pest Control, Windows/Screens
  • 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: Interior Row/Townhouse
  • Architectural Style: Colonial
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1991
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Icemaker, Refrigerator, Stainless Steel Appliances, Stove, Washer
  • Interior Amenities: Carpet, Ceiling Fan(s), Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Country, Walk-In Closet(s), Window Treatments, Wood Floors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Slab
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Utility Room, Bathroom 2, Bathroom 3, Primary Bathroom, Half Bath
  • Basement: Yes
  • Basement Type: Fully Finished, Walkout Level
  • Total Sq Ft: 1606
  • Living Area Sq Ft: 1606
  • Price Per Sq Ft: 1.87
  • Above Grade Finished Sq Ft: 1606
  • 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
  • Exterior Features: Sidewalks
  • 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 Fee Frequency: Unknown
  • HOA: Yes
  • Senior Community: No

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: HUNT VALLEY
  • High School: WEST SPRINGFIELD
  • Middle Or Junior School: IRVING

Lot Info

  • Lot Size Acres: 0.07
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3088.00
  • Property Condition: Excellent
  • Zoning: RESIDENTIAL

Tax Info

  • Assessor Parcel Number: 19406729
  • Assessor Parcel Number: 0893 27 0028

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2019
Closed on
Jun 17, 2019
Sold by
Degaga Asrat A and Addis Mekediss W
Bought by
Tanaka Miho
Seller's Agent
Youssef Zeroual
Weichert, REALTORS
Buyer's Agent
JoAnn Kennel
RE/MAX Allegiance
List Price
$465,000
Sold Price
$487,700
Premium/Discount to List
$22,700
4.88%
Current Estimated Value
$683,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,592
Avg. Annual Appreciation
5.45%
Original Mortgage
$180,000
Outstanding Balance
$158,264
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$525,028

Purchase Details

Listed on
Aug 1, 2013
Closed on
Jul 25, 2013
Sold by
Roy Matthew
Bought by
Degaga Asrat A
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
GraceMarie Neary
Weichert, REALTORS
List Price
$415,000
Sold Price
$415,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.77%
Original Mortgage
$332,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2013
Sold by
Dunia Raymond
Bought by
Roy Matthew

Purchase Details

Closed on
Mar 23, 2006
Sold by
Appiah Charles Nana
Bought by
Dunia Raymond and Abdelmassih,Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
6.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2000
Sold by
Ortega Jose A
Bought by
Appiah Charles Nana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,510
Interest Rate
7.83%
Source: Public Records

Range of Values:

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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
Tanaka Miho $487,700 Fidelity National Ttl Ins Co
Degaga Asrat A $415,000 --
Roy Matthew $240,000 --
Dunia Raymond $465,000 --
Appiah Charles Nana $183,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tanaka Miho $180,000
Previous Owner Degaga Asrat A $332,000
Previous Owner Dunia Raymond $372,000
Previous Owner Appiah Charles Nana $177,510
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/05/2023 05/05/23 Rented $3,400 +13.3% --
04/30/2023 04/30/23 For Rent $3,000 +3.4% --
04/13/2022 04/13/22 Rented $2,900 +3.6% --
04/11/2022 04/11/22 Off Market $2,800 -- --
04/08/2022 04/08/22 For Rent $2,800 +7.7% --
10/06/2019 10/06/19 Rented $2,600 0.0% --
10/05/2019 10/05/19 Off Market $2,600 -- --
09/20/2019 09/20/19 Price Changed $2,600 -3.7% $2 / Sq Ft
09/13/2019 09/13/19 For Rent $2,700 0.0% --
06/25/2019 06/25/19 Sold $487,700 +4.9% $234 / Sq Ft View Prior Sale
05/29/2019 05/29/19 Pending -- -- --
05/27/2019 05/27/19 For Sale $465,000 +12.0% $223 / Sq Ft
08/01/2013 08/01/13 Sold $415,000 0.0% $258 / Sq Ft View Prior Sale
08/01/2013 08/01/13 Pending -- -- --
08/01/2013 08/01/13 For Sale $415,000 -- $258 / 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
2025 $6,947 $641,660 $185,000 $456,660
2024 $6,947 $599,620 $180,000 $419,620
2023 $7,095 $628,700 $180,000 $448,700
2022 $6,458 $564,770 $160,000 $404,770
2021 $5,827 $496,530 $140,000 $356,530
2020 $5,542 $468,250 $130,000 $338,250
2019 $5,292 $447,110 $130,000 $317,110
2018 $4,981 $433,140 $130,000 $303,140
2017 $4,780 $411,750 $120,000 $291,750
2016 $4,621 $398,860 $110,000 $288,860
2015 $4,357 $390,390 $110,000 $280,390
2014 $4,347 $390,390 $110,000 $280,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAFX2124586

Bright MLS

APN: 0893-27-0028