NOT LISTED FOR SALE

7282 Olde Lantern Way Springfield, VA 22152

Estimated Value: $654,587 - $684,000

3 Beds
3.5 Baths
2,028 Sq Ft
$332/Sq Ft Est. Value

Last Sold February 18, 2014

Last sale price $410,000 $202 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $4,166/month

3 Days on Market

Highlights

  • Open Floorplan
  • Colonial Architecture
  • Wood Flooring
  • Hunt Valley Elementary School Rated A
  • Backs to Trees or Woods
  • 1 Fireplace

About This Home

As of February 2014

SPACIOUS 3BR3.5 BA TH BACKING TO WOODS* GLEAMING HARDWOOD FLOORS LR, DR, HALL STAIRS & BEDROOMS* CERAMIC TILE IN KIT & REC RM* LARGE OPEN CONCEPT KITCHEN/FAM RM COMBO W/ISLAND & LRG DECK OVERLOOKING WOODS* FINISHED W/O BASEMENT W/REC ROOM & FULL BATH* MBR W/ HUGE LUX BA W/SEP TUB/SHOWER*3 BLOCKS TO PARK AND RIDE & "SLUG" LINE MINUTES TO METRO* HOA $216.50 PER QUARTER*SELLER SAYS SELL MY HOUSE NOW!

Last Agent to Sell the Property

Fredia Heppenstall

(703) 505-6124 fredia@att.net Fairfax Realty Select License #0225111704 Listed on: 12/03/2013

Fairfax Realty Select

Last Buyer's Agent

Sohail Rehman

(703) 923-0000 srmaxrealtors@gmail.com SR Investments & Realtors, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,873

Year Built

  • Built in 1991

Lot Details

  • 1,647 Sq Ft Lot
  • Two or More Common Walls
  • Back Yard Fenced
  • Backs to Trees or Woods
  • Property is in very good condition

HOA Fees

  • $73 Monthly HOA Fees

Parking

  • 2 Assigned Parking Spaces

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,028 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Ceiling Fan
  • 1 Fireplace
  • Family Room Off Kitchen
  • Combination Kitchen and Living
  • Dining Room
  • Game Room
  • Wood Flooring

Kitchen

  • Gas Oven or Range
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • 3.5 Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 89-3-27- -25

Community Details

Overview

  • Association fees include insurance, road maintenance, snow removal, trash
  • Olde Oak Ridge Subdivision, Burton Floorplan
  • The community has rules related to alterations or architectural changes, commercial vehicles not allowed

Recreation

  • Community Playground

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,873

Year Built

Built in 1991

Lot Details

0

HOA Fees

$73 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, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1991
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Oven - Self Cleaning, Oven/Range - Gas, Stove, Washer
  • Interior Amenities: Family Room Off Kitchen, Combination Kitchen/Living, Kitchen - Island, Dining Area, Primary Bath(s), Wood Floors, Floor Plan - Open
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Game Room, Family Room
  • Basement: Yes
  • Basement Type: Full, Fully Finished, Daylight, Full, Walkout Level
  • Living Area Units: Square Feet
  • Total Sq Ft: 2028
  • Living Area Sq Ft: 2028
  • Price Per Sq Ft: 203.40
  • Above Grade Finished Sq Ft: 2028
  • 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: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Combination, Brick
  • Construction Completed: No
  • 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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), 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: 72.50
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Insurance, Road Maintenance, Snow Removal, Trash
  • HOA Condo Co-Op Rules: Commercial Vehicles Prohibited, Alterations/Architectural Changes
  • HOA: Yes

Lot Info

  • Fencing: Rear
  • Lot Features: Backs To Trees
  • Lot Size Acres: 0.04
  • Lot Size Area: 1647
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1647.00
  • Property Condition: Very Good
  • Zoning: 303

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3873.32
  • Assessor Parcel Number: 89-3-27- -25
  • Tax Lot: 25
  • County Tax Payment Frequency: Annually
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2013
Closed on
Feb 14, 2014
Sold by
Scott Brett E
Bought by
Ashfaq Mian Q
Seller's Agent
Fredia Heppenstall
Fairfax Realty Select
Buyer's Agent
Sohail Rehman
SR Investments & Realtors, LLC
List Price
$412,500
Sold Price
$410,000
Premium/Discount to List
-$2,500
-0.61%
Current Estimated Value
$674,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,854
Avg. Annual Appreciation
4.28%
Original Mortgage
$387,972
Outstanding Balance
$294,989
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$379,158

Purchase Details

Closed on
Mar 25, 2011
Sold by
Lepak Brian C and Al Taha Nawal M
Bought by
Scott Brett E and Scott Ivelisse C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
5.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2004
Sold by
Fuertes Louis L
Bought by
Lepak Brian C and Al Taha,Nawal M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
5.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2000
Sold by
Waterman Lloyd T
Bought by
Fuertes Louis L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,892
Interest Rate
8.24%

Purchase Details

Closed on
Jun 24, 1996
Sold by
Shaheen Frederick F
Bought by
Waterman Lloyd T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,580
Interest Rate
8.21%
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
Ashfaq Mian Q $410,000 --
Scott Brett E $335,000 --
Lepak Brian C $397,500 --
Fuertes Louis L $197,000 --
Waterman Lloyd T $179,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ashfaq Mian Q $387,972
Previous Owner Scott Brett E $268,000
Previous Owner Lepak Brian C $316,000
Previous Owner Fuertes Louis L $196,892
Previous Owner Waterman Lloyd T $182,580
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/18/2014 02/18/14 Sold $410,000 -0.6% $202 / Sq Ft
12/06/2013 12/06/13 Pending -- -- --
12/03/2013 12/03/13 For Sale $412,500 -- $203 / 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 $6,680 $617,230 $180,000 $437,230
2024 $6,680 $576,590 $175,000 $401,590
2023 $6,821 $604,420 $175,000 $429,420
2022 $6,202 $542,330 $155,000 $387,330
2021 $5,588 $476,140 $135,000 $341,140
2020 $5,308 $448,530 $125,000 $323,530
2019 $5,308 $448,530 $125,000 $323,530
2018 $4,994 $434,240 $125,000 $309,240
2017 $4,790 $412,540 $115,000 $297,540
2016 $4,629 $399,600 $105,000 $294,600
2015 $4,359 $390,550 $105,000 $285,550
2014 $4,311 $387,180 $105,000 $282,180
Source: Public Records

Agents Affiliated with this Home

  • Fredia Heppenstall

    Seller's Agent in 2014

    Fredia Heppenstall

    Fairfax Realty Select

    (703) 505-6124

    26 Total Sales

    Fredia Heppenstall
    Section Image

  • S

    Buyer's Agent in 2014

    Sohail Rehman

    SR Investments & Realtors, LLC

    (703) 923-0000

    5 Total Sales

    Sohail Rehman
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003779016

Bright MLS

APN: 0893-27-0025

Virginia Fairfax County Springfield 22152

7282 Olde Lantern Way, Springfield, VA

Not Listed for Sale

Townhouses

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