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22522 Foundation Drive

22522 Foundation Drive, Ashburn, VA 20148
Property in Loudoun
Sold Dec 01, 2021
$810,000
$535,000 by Lennar Mortgage Llc
Mortgage
Sold May 11, 2021
$6,131,525
22522 Foundation Drive has been categorized by the local assessors in Ashburn, VA as a residential type of property. The building on the property was first built in 2021 and is 3 years old. The home has a total of 4 bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 4 stories. In addition, 22522 Foundation Drive has 3,328 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 1,742 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. Moving on to the building itself. The condition of the building has been evaluated as average. 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 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. 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, 22522 Foundation Drive was last sold in Nov 30, 2021 for $810,000. According to our calculations, that's $243.39 per sqft. Prior to that sales transaction, the property was sold for $6,131,525 in May 10, 2021. Current property owners are expected to pay $8,150 in taxes per year. The property on 22522 Foundation Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $758,150. To break that down further, the land itself was valued at $230,000. While improvements to the property were assessed at a total of $528,150. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 2021
  • Effective Year Built: 2021
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: B
  • Building Style: Townhouse
  • Exterior Walls Type: Masonry
  • Floor Count: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,742
  • Lot Size Frontage Feet: 0
  • Total Building Area: 3,328
  • Building Area: 3,328
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,328
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: METRO WALK
  • Land Acres: 0.04
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: METRO WALK PH.1 LOT 13 202002130010048/9P

Ownership

  • Current Owner : CHEUNG LOKCHIU
  • Current Owner 2: CHEUNG CHRISTINE YUK-KWAN
  • Previous Owner : US HOME CORP
  • Owner Before Previous Owner: AG ESSENTIAL HOUSING MULTI STATE 4 LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Loudoun County Public Schools
  • School Tax School District: RAIL/RTE772 STA
  • Census Tract: 611031

Zoning

  • Zoning: PDTRC

Geography

  • Assessors Map Reference: 93/G/1////13
  • Subdivision Phase Number: 1
  • Parcel: 121-48-8599-000
  • Lot: 13
  • Municipality: BROAD RUN
  • Latitude: 38.9951
  • Longitude: -77.501

    Address

  • Full Address: 22522 Foundation Dr
  • Address - House Number: 22522
  • Address - Street Name: Foundation
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Ashburn
  • Carrier Code: R082
  • 4-Digit Zip Code: 7723
  • Zip Code: 20148

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,150

    Appraisal Valuation

  • Standard Deviation: 0.0911
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 92
  • Final Value: 879,509
  • High Value: 959,677
  • Low Value: 799,341

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $535,000
  • First Open Lien Mortgage Lender: LENNAR MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Dec 01, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $535,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $758,150
  • Market Land Value: $230,000
  • Market Improvement Value: $528,150

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $758,150
  • Assessed Land Value: $230,000
  • Assessed Improvements Value: $528,150

    Sales

  • Current Sale Contract Date: Nov 30, 2021
  • Current Sale Recording Date: Dec 01, 2021
  • Current Sale Transaction ID: 11872450971
  • Current Sale Price: $810,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 202112010118868
  • Previous Sale Recording Date: May 11, 2021
  • Previous Sale Contract Date: May 10, 2021
  • Previous Sale Amount: $6,131,525
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LENNAR MORTGAGE LLC
  • First Mortgage Transaction Date: Dec 01, 2021
  • First Mortgage Loan Amount: $535,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 22522 Foundation Drive located in?
The 22522 Foundation Drive is a located in the neighborhood of Loudoun in Moorefield Station, Ashburn.
What is the average sales price for listings in 22522 Foundation Drive?
The average sales price for units in 22522 Foundation Drive is $0 currently.

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