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126 Lake Drive

126 Lake Drive, Sterling, VA 20164
Property in Richland Acres
Sold Apr 27, 2015
$675,000
$518,400 by H B S C Mtg Corp
Mortgage
Sold Mar 21, 2002
$648,000
$518,400 by H B S C Mtg Corp
Mortgage
Local assessors in Sterling, VA have categorized 126 Lake Drive as a residential type of property. The home was built in 1989 and is 35 years old. It was most recently renovated and altered in 1990. The property's lot size has been calculated to be 85,378 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. As for the restroom situation, there are 4 full bathrooms. There are also 5 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 126 Lake Drive has a total of 3,750 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 1,200 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 624 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a patio so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with other control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a gable style roof that was made of tile. Lots of stucco were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Apr 24, 2015 for $675,000. That's $180.00 per sqft. Prior to that sales transaction, the property was also sold in Mar 20, 2002 for $648,000. 126 Lake Drive was last assessed in 2023. The total value of the property was assessed at $952,450. Specifically, the land the property is located on was valued at $294,600. While improvements on the property were assessed at a total of $657,850. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $8,334. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1990
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 18
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Other
  • Building Style: Colonial
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Type: Finished improved basement
  • Basement Area: 1,200
  • Garage Type: Attached
  • Garage Square Area: 624
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 85,378
  • Total Building Area: 3,750
  • Building Area: 3,750
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,750
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RICHLAND ACRES
  • Land Acres: 1.96
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RICHLAND ACRES SEC.4 LOT 26 200702280015321 D/G 200701160003253 D/G 200511220131484 D/G

Ownership

  • Current Owner : KAMP PAUL E
  • Previous Owner : HAMP TRUSTEE SHERYL L
  • Owner Before Previous Owner: MCDONALD JOHN
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: II

Neighborhood

  • School District Name: Loudoun County Public Schools
  • School Tax School District: COUNTY DISTRICT
  • Census Tract: 611209

Zoning

  • Zoning: CR1

Geography

  • Assessors Map Reference: 81/A/4////26
  • Section: 4
  • Parcel: 008-25-8498-000
  • Lot: 26
  • Municipality: ALGONKIAN
  • Latitude: 39.0235
  • Longitude: -77.3636

    Address

  • Full Address: 126 Lake Dr
  • Address - House Number: 126
  • Address - Street Name: Lake
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Sterling
  • Carrier Code: C005
  • 4-Digit Zip Code: 8606
  • Zip Code: 20164

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,334

    Appraisal Valuation

  • Standard Deviation: 0.0904
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 92
  • Final Value: 1,034,239
  • High Value: 1,127,832
  • Low Value: 940,647

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $926,400
  • First Open Lien Mortgage Lender: H B S C MTG CORP
  • First Open Lien Mortgage Recording Date: Mar 21, 2002
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $518,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • Second Open Lien Mortgage Recording Date: Apr 30, 2021
  • Second Open Lien Mortgage Financing Type: Fixed Rate
  • Second Open Lien Mortgage Loan Amount: $408,000
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • Second Open Lien Mortgage Loan Due Date: Mar 01, 2036

    Market Valuation

  • Market Total Value: $952,450
  • Market Land Value: $294,600
  • Market Improvement Value: $657,850

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $952,450
  • Assessed Land Value: $294,600
  • Assessed Improvements Value: $657,850

    Sales

  • Current Sale Contract Date: Apr 24, 2015
  • Current Sale Recording Date: Apr 27, 2015
  • Current Sale Transaction ID: 1218003740
  • Current Sale Price: $675,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Mar 21, 2002
  • Previous Sale Contract Date: Mar 20, 2002
  • Previous Sale Amount: $648,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK NA
  • First Mortgage Transaction Date: Apr 27, 2015
  • First Mortgage Loan Amount: $540,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: H B S C MTG CORP
  • Previous Mortgage Transaction Date: Mar 21, 2002
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $518,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Richland Acres



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Frequently Asked Questions

What neighborhood is 126 Lake Drive located in?
The 126 Lake Drive is a located in the neighborhood of Richland Acres in Richland Acres, Sterling.
What is the average sales price for listings in 126 Lake Drive?
The average sales price for units in 126 Lake Drive is $0 currently.

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