NOT LISTED FOR SALE

7279 Olde Lantern Way Springfield, VA 22152

Estimated Value: $673,000 - $688,000

3 Beds
2.5 Baths
2,010 Sq Ft
$339/Sq Ft Est. Value

Last Sold February 11, 2022

Last sale price $640,000 $318 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,191/month

3 Days on Market

Highlights

  • Eat-In Gourmet Kitchen
  • Colonial Architecture
  • 1 Fireplace
  • Hunt Valley Elementary School Rated A
  • Deck
  • Upgraded Countertops

About This Home

As of February 2022

Beautifully updated and spacious townhome conveniently located near major routes. Endless updates and features in this home that you will fall in love with. Whole house freshly painted, brand new carpet throughout, kitchen updated with gorgeous white quartz countertops and flooring, bright recessed lighting, master bathroom totally updated with a freestanding bathtub. Private fenced backyard facing trees with a large deck. Cozy up in the basement around a wood burning fireplace, or add an additional bathroom (already roughed-in). AC 2018, Furnace 2014, Roof 2016. Come see for yourself and make this your home!

Last Agent to Sell the Property

Ishpreet Singh

(703) 473-9004 ishpreetrealtor@gmail.com Samson Properties Listed on: 01/20/2022

Samson Properties

Last Buyer's Agent

Jill Judge

(202) 410-6600 jill@choosejill.com Real Broker, LLC License #673882

Real Broker, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,323

Year Built

  • Built in 1992 | Remodeled in 2021

Lot Details

  • 1,540 Sq Ft Lot
  • Privacy Fence
  • Property is in excellent condition

HOA Fees

  • $87 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Crown Molding
  • Skylights
  • Recessed Lighting
  • 1 Fireplace
  • Partially Finished Basement

Kitchen

  • Eat-In Gourmet Kitchen
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Soaking Tub

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot

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

  • Tax Lot 121
  • Assessor Parcel Number 0893 27 0121

Community Details

Overview

  • Association fees include common area maintenance, snow removal, trash
  • 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

$5,323

Year Built

Built in 1992 | Remodeled in 2021

Lot Details

0

HOA Fees

$87 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: 2022-01-21
  • Year Built: 1992
  • Year Renovated: 2021
  • Automatically Close On Close Date: No
  • Special Features: NewHome
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Appliances: Stainless Steel Appliances
  • Flooring Type: Carpet, Laminate Plank, Ceramic Tile
  • Interior Amenities: Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Crown Moldings, Skylight(s), Recessed Lighting, Soaking Tub, Upgraded Countertops, Walk-In Closet(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Slab
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Partially Finished
  • Total Sq Ft: 2410
  • Living Area Sq Ft: 2010
  • Price Per Sq Ft: 363.35
  • Above Grade Finished Sq Ft: 1610
  • Below Grade Finished Sq Ft: 400
  • Below Grade Sq Ft: 400
  • Total Below Grade Sq Ft: 800
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Roof: Asphalt, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • 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 Fees: 261.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Bike Trail, Common Grounds, Jog/Walk Path, 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

Lot Info

  • Fencing: Privacy
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1540.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Excellent
  • Zoning: 303
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 5323.00
  • Assessor Parcel Number: 0893 27 0121
  • Tax Lot: 121
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2022
Closed on
Feb 10, 2022
Sold by
Parsons Thomas Andrew and Parsons Debra Lynn
Bought by
Sumalinog Raphael and Alivio Kristy Marie
Seller's Agent
Ishpreet Singh
Samson Properties
Buyer's Agent
Jill Judge
Real Broker, LLC
List Price
$585,000
Sold Price
$640,000
Premium/Discount to List
$55,000
9.4%
Current Estimated Value
$681,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,437
Avg. Annual Appreciation
1.62%
Original Mortgage
$589,000
Outstanding Balance
$546,997
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$134,440

Purchase Details

Closed on
Dec 5, 1995
Sold by
Parodi Peter V
Bought by
Parsons Thomas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,100
Interest Rate
7.37%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sumalinog Raphael $640,000 Cardinal Title Group
Parsons Thomas A $167,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sumalinog Raphael $589,000
Previous Owner Parsons Thomas A $159,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2022 02/11/22 Sold $640,000 +9.4% $318 / Sq Ft
01/20/2022 01/20/22 For Sale $585,000 0.0% $291 / Sq Ft
01/20/2022 01/20/22 Price Changed $585,000 -- $291 / 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 $6,530 $603,640 $180,000 $423,640
2024 $6,530 $563,700 $175,000 $388,700
2023 $6,665 $590,640 $175,000 $415,640
2022 $5,965 $521,620 $155,000 $366,620
2021 $5,324 $453,680 $135,000 $318,680
2020 $5,053 $426,920 $125,000 $301,920
2019 $5,053 $426,920 $125,000 $301,920
2018 $4,755 $413,490 $125,000 $288,490
2017 $4,556 $392,400 $115,000 $277,400
2016 $4,398 $379,660 $105,000 $274,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAFX2040856

Bright MLS

APN: 0893-27-0121