NOT LISTED FOR SALE

7294 Olde Lantern Way Springfield, VA 22152

Estimated Value: $652,000 - $680,000

3 Beds
3.5 Baths
1,582 Sq Ft
$424/Sq Ft Est. Value

Last Sold December 04, 2023

Last sale price $625,000 $395 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,364/month

13 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Central Heating and Cooling System
  • Hunt Valley Elementary School Rated A

About This Home

As of December 2023

This beautiful home has been lovingly maintained and offers a natural color palette throughout. The kitchen features a center island and plenty of storage, perfect for entertaining. The living room is warm and inviting with a fireplace and flexible living space in other rooms. The primary bathroom is a spa-like retreat, featuring a separate tub and shower, double sinks and good under sink storage. Partial flooring replacement has been done in some areas, making this home move-in ready. This home is a must-see and will not last long.

Last Agent to Sell the Property

Jacqueline Moore

Open Door Brokerage, LLC Listed on: 10/30/2023

Last Buyer's Agent

Eyasu Simret

Samson Properties

Samson Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,687

Year Built

  • Built in 1991

Lot Details

  • 2,380

HOA Fees

  • $91 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,582 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • West Springfield High School

Additional Features

  • 2,380 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • Olde Oak Ridge Subdivision

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 0893 27 0019

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,687

Year Built

Built in 1991

Lot Details

0

HOA Fees

$91 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1991
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Slab
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1582
  • Living Area Sq Ft: 1582
  • Price Per Sq Ft: 395.07
  • Above Grade Finished Sq Ft: 1582
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7294

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: Brick, Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 274.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: FAIRFAX COUNTY PUBLIC SCHOOLS
  • High School: WEST SPRINGFIELD
  • High School Source: 3rd Party
  • School District Key: 121138392980
  • School District Source: 3rd Party
  • High School: WEST SPRINGFIELD

Lot Info

  • Land Use Code: 031
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2380.00
  • Year Assessed: 2023
  • Zoning: 303
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6687.00
  • Assessor Parcel Number: 0893 27 0019
  • Tax Lot: 19
  • Tax Total Finished Sq Ft: 1582
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 12/04/2023

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2023
Closed on
Dec 5, 2023
Sold by
Opendoor Property Trust
Bought by
Weldegiyorgis Bereket Gebremeskel and Teklemariam Genet Zekarias
Seller's Agent
Jacqueline Moore
Open Door Brokerage, LLC
Buyer's Agent
Eyasu Simret
Samson Properties
List Price
$625,000
Sold Price
$625,000
Views
696
Current Estimated Value
$670,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,513
Avg. Annual Appreciation
3.55%
Original Mortgage
$562,500
Outstanding Balance
$555,673
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$104,527

Purchase Details

Listed on
Oct 30, 2023
Closed on
Oct 6, 2023
Sold by
Karim Mohammad B
Bought by
Opendoor Property Trust I
Seller's Agent
Jacqueline Moore
Open Door Brokerage, LLC
Buyer's Agent
Eyasu Simret
Samson Properties
List Price
$625,000
Sold Price
$625,000
Views
696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Outstanding Balance
$555,673
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$104,527

Purchase Details

Closed on
Dec 27, 1996
Sold by
Hogan Christopher M and Hogan Kelly G
Bought by
Karim Mohammad B and Karim Meena P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,300
Interest Rate
7.55%
Mortgage Type
New Conventional
Source: Public Records

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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
Weldegiyorgis Bereket Gebremeskel $625,000 None Listed On Document
Opendoor Property Trust I $600,700 Title Resources Guaranty
Karim Mohammad B $172,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weldegiyorgis Bereket Gebremeskel $562,500
Previous Owner Karim Mohammad B $249,500
Previous Owner Karim Mohammad B $295,000
Previous Owner Karim Mohammad B $167,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2023 12/04/23 Sold $625,000 0.0% $395 / Sq Ft
11/12/2023 11/12/23 Pending -- -- --
10/30/2023 10/30/23 For Sale $625,000 0.0% $395 / Sq Ft
04/12/2012 04/12/12 Rented $2,200 0.0% --
04/11/2012 04/11/12 Under Contract -- -- --
03/10/2012 03/10/12 For Rent $2,200 -- --
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
2024 $6,627 $571,990 $180,000 $391,990
2023 $6,687 $592,520 $180,000 $412,520
2022 $6,085 $532,130 $160,000 $372,130
2021 $5,492 $468,030 $140,000 $328,030
2020 $5,222 $441,220 $130,000 $311,220
2019 $5,222 $441,220 $130,000 $311,220
2018 $4,916 $427,510 $130,000 $297,510
2017 $4,717 $406,330 $120,000 $286,330
2016 $4,559 $393,500 $110,000 $283,500
2015 $4,294 $384,810 $110,000 $274,810
2014 $4,285 $384,810 $110,000 $274,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAFX2153566

Bright MLS

APN: 0893-27-0019