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20943 Cherokee Terrace

20943 Cherokee Terrace, Sterling, VA 20165
Property in Potomac Lakes
Sold Dec 28, 1998
$209,167
$198,700 by U S Home Mortgage Corp
Mortgage
20943 Cherokee Terrace has been categorized by the local assessors in Sterling, VA as a residential type of property. The building on the property was first built in 1998 and is 26 years old. However, we must point out that the home was most recently renovated and altered in 2000. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 3 stories. In addition, 20943 Cherokee Terrace has 2,380 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 504 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 3,049 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage underground or in the basement for those who require parking. The garage measured 380 sqft. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with other control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The building has a gable style roof made of asphalt. The exterior walls of the building are made of masonry. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 20943 Cherokee Terrace was last sold in Dec 23, 1998 for $209,167. According to our calculations, that's $87.89 per sqft. Current property owners are expected to pay $5,134 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2023. The property on 20943 Cherokee Terrace was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $586,760. To break that down further, the land itself was valued at $228,500. While improvements to the property were assessed at a total of $358,260. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 2000
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Other
  • Building Style: Townhouse
  • Exterior Walls Type: Masonry
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Basement Type: Finished improved basement
  • Basement Area: 504
  • Garage Type: Underground/basement
  • Garage Square Area: 380
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,049
  • Total Building Area: 2,380
  • Building Area: 2,380
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,380
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: POTOMAC LAKES
  • Land Acres: 0.07
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: POTOMAC LAKES SEC 19C 1638--2137 LOT 8 (WESTLAKES)

Ownership

  • Current Owner : NORTHRUP JAMES I
  • Previous Owner : US HOME CORP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Loudoun County Public Schools
  • School Tax School District: COUNTY DISTRICT
  • Census Tract: 611207

Zoning

  • Zoning: PDH4

Geography

  • Assessors Map Reference: 81/R/9/////8
  • Section: 19C
  • Parcel: 019-35-7249-000
  • Lot: 8
  • Municipality: ALGONKIAN
  • Latitude: 39.036
  • Longitude: -77.4058

    Address

  • Full Address: 20943 Cherokee Ter
  • Legal Unit: 19C
  • Address - House Number: 20943
  • Address - Street Name: Cherokee
  • Address - Suffix Type: Ter
  • State: VA
  • City Name: Sterling
  • Carrier Code: R026
  • 4-Digit Zip Code: 5854
  • Zip Code: 20165

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,134
  • Intital Tax Deliquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.0914
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 92
  • Final Value: 673,964
  • High Value: 735,588
  • Low Value: 612,339

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $248,700
  • First Open Lien Mortgage Lender: U S HOME MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Dec 28, 1998
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $198,700
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • Second Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • Second Open Lien Mortgage Recording Date: Nov 07, 2011
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 479
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Nov 18, 2051

    Market Valuation

  • Market Total Value: $586,760
  • Market Land Value: $228,500
  • Market Improvement Value: $358,260

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $586,760
  • Assessed Land Value: $228,500
  • Assessed Improvements Value: $358,260

    Sales

  • Current Sale Contract Date: Dec 23, 1998
  • Current Sale Recording Date: Dec 28, 1998
  • Current Sale Transaction ID: 1186035831
  • Current Sale Price: $209,167
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: U S HOME MORTGAGE CORP
  • First Mortgage Transaction Date: Dec 28, 1998
  • First Mortgage Loan Amount: $198,700

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 20943 Cherokee Terrace located in?
The 20943 Cherokee Terrace is a located in the neighborhood of Potomac Lakes in Potomac Lakes, Sterling.
What is the average sales price for listings in 20943 Cherokee Terrace?
The average sales price for units in 20943 Cherokee Terrace is $0 currently.

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