RENTED FEB 28, 2025

7285 Olde Lantern Way Springfield, VA 22152

Estimated Value: $661,413 - $718,000

3 Beds
4 Baths
1,610 Sq Ft
$422/Sq Ft Est. Value

Last Sold August 13, 2015

Last sale price $425,000 $264 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,109/month

Highlights

  • Traditional Architecture
  • Community Basketball Court
  • Stainless Steel Appliances
  • Hunt Valley Elementary School Rated A
  • Jogging Path
  • 1 Car Direct Access Garage

About This Home

As of February 2025

48 hour notice required, home is tenant occupied. Available for move in starting March 17th. No pets.

Welcome to Olde Oak Ridge! This spacious 3-bedroom, 2 full bath, 2 half bath townhouse in the heart of West Springfield boasts 1,610 square feet of well-maintained living space across three levels, with hardwood flooring throughout. The main level features a half bath, spacious living room and dining room, an upgraded kitchen with granite countertops, stainless steel appliances, and a breakfast area. Step out to the rear deck for outdoor enjoyment. The lower level offers a half bath, cozy family room with a gas fireplace, laundry, storage, and garage access. The upper level has 3 spacious bedrooms and 2 full bathrooms.

Situated just off Fairfax County Pkwy, enjoy easy access to Springfield Golf Country Club, Lake Mercer, Burke Lake, and more. Commuting is a breeze with various options including Metro Bus Stop, Slug-line, Springfield Metro Station, VRE, I-95, I-395, and I-495. Proximity to Fort Belvoir, Pentagon, and DC adds to the appeal. Explore nearby Springfield Town Center, restaurants, and a variety of grocery stores including Giant, Whole Foods, Lidl, Trader Joe's, Amazon Fresh, and Wegmans. Experience this incredible Springfield lifestyle firsthand – schedule a showing today!

Last Agent to Rent the Property

Jamie Richards

(571) 485-1671 jamierichards@c21redwood.com Century 21 Redwood Realty Listed on: 02/11/2025

Century 21 Redwood Realty

Last Renter's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1993

Lot Details

  • 1,672 Sq Ft Lot

Parking

  • 1 Car Direct Access Garage
  • 1 Driveway Space
  • Basement Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,610 Sq Ft Home
  • Property has 3 Levels
  • Gas Fireplace

Kitchen

  • Gas Oven or Range
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Interior Basement Entry
  • Garage Access

Schools

  • Hunt Valley Elementary School
  • Irving Middle School
  • West Springfield High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Public Septic

Listing and Financial Details

  • Residential Lease
  • Security Deposit $3,300
  • Tenant pays for electricity, gas, water
  • Rent includes common area maintenance, hoa/condo fee, parking, snow removal, trash removal
  • No Smoking Allowed
  • 12-Month Min and 24-Month Max Lease Term
  • Available 3/17/25
  • Assessor Parcel Number 0893 27 0124

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area maintenance, reserve funds, road maintenance, snow removal
  • Olde Oak Ridge HOA
  • Olde Oak Ridge Subdivision

Amenities

  • Common Area

Recreation

  • Community Basketball Court
  • Community Playground
  • Jogging Path
  • Bike Trail

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Year Built

Built in 1993

Lot Details

0

Parking

1

Rental Info

  • Date Available: 2025-03-17
  • Pets Allowed: No
  • Rent Includes: Common Area Maintenance, Hoa/Condo Fee, Parking, Snow Removal, Trash Removal
  • Security Deposit: 3300.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Electricity, Gas, Water
  • Vacation Rental: No
  • Property Manager: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Lease Link U R L: https://apply.link/YEk0dhs
  • Rent Spree Online Application: Yes

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1993
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished, Garage Access, Interior Access
  • Total Sq Ft: 1610
  • Living Area Sq Ft: 1610
  • Price Per Sq Ft: 2.05
  • Above Grade Finished Sq Ft: 1610
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 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

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Basement Garage, Covered Parking, Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 1

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, Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • 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, Reserve Funds, Road Maintenance, Snow Removal
  • HOA Name: OLDE OAK RIDGE
  • 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: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1672.00
  • Zoning: 303

Tax Info

  • Assessor Parcel Number: 0893 27 0124

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2015
Closed on
Aug 11, 2015
Sold by
Semerjian Kira A
Bought by
Kong Sze H and Kong Yuen Ling
Seller's Agent
John Adams
RE/MAX Gateway, LLC
Buyer's Agent
M Deborah Cheung
Alliance Realty Corporation
List Price
$434,999
Sold Price
$425,000
Premium/Discount to List
-$9,999
-2.3%
Current Estimated Value
$679,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,103
Avg. Annual Appreciation
4.62%
Original Mortgage
$340,000
Outstanding Balance
$267,862
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$411,241

Purchase Details

Closed on
May 23, 2001
Sold by
Gill Joseph I
Bought by
Semerjian Kira A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,000
Interest Rate
7.05%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kong Sze H $425,000 Rgs Title
Semerjian Kira A $231,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kong Sze H $340,000
Previous Owner Semerjian Kira A $231,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2025 02/28/25 Rented $3,400 +3.0% --
02/22/2025 02/22/25 Under Contract -- -- --
02/11/2025 02/11/25 For Rent $3,300 +3.1% --
09/18/2023 09/18/23 Rented $3,200 0.0% --
09/13/2023 09/13/23 Under Contract -- -- --
09/07/2023 09/07/23 For Rent $3,200 0.0% --
08/13/2015 08/13/15 Sold $425,000 -1.1% $264 / Sq Ft View Prior Sale
07/11/2015 07/11/15 Pending -- -- --
07/02/2015 07/02/15 Price Changed $429,900 -1.2% $267 / Sq Ft
06/19/2015 06/19/15 For Sale $434,999 -- $270 / 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 $6,616 $611,240 $180,000 $431,240
2024 $6,616 $571,090 $175,000 $396,090
2023 $6,808 $603,310 $175,000 $428,310
2022 $6,190 $541,320 $155,000 $386,320
2021 $5,533 $471,490 $135,000 $336,490
2020 $5,256 $444,120 $125,000 $319,120
2019 $5,256 $444,120 $125,000 $319,120
2018 $4,945 $430,020 $125,000 $305,020
2017 $4,743 $408,490 $115,000 $293,490
2016 $4,583 $395,580 $105,000 $290,580
2015 $4,356 $390,340 $105,000 $285,340
2014 $4,346 $390,340 $105,000 $285,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAFX2221078

Bright MLS

APN: 0893-27-0124