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43482 Millwright Terrace

43482 Millwright Terrace, Leesburg, VA 20176
Sold Apr 12, 2021
$650,000
$552,250 by Jpmorgan Chase Bank Na
Mortgage
Sold Aug 18, 2011
$460,000
$434,300 by Wells Fargo Bank Na
Mortgage
43482 Millwright Terrace has been categorized by the local assessors in Leesburg, VA as a residential type of property. The building on the property was first built in 2006 and is 18 years old. The home has a total of 3 bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 43482 Millwright Terrace has 2,989 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 1,390 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 3,920 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 attached garage for those who require parking. The garage measured 483 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open porch. 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 43482 Millwright Terrace sold most recently in Apr 9, 2021 for a total of $650,000. If you work out the math, that's approximately a cost of $217.46 per sqft. Before that, the property was also sold for $460,000 in Aug 16, 2011. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $7,135 in taxes each year. 43482 Millwright Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $815,470. If we break it down further, the land itself was valued at $260,000. Improvements to the property, however, were assessed at a total of $555,470. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 13
  • 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: 2
  • Basement Type: Finished improved basement
  • Basement Area: 1,390
  • Garage Type: Attached
  • Garage Square Area: 483
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 3,920
  • Total Building Area: 2,989
  • Building Area: 2,989
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,989
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LANSDOWNE ON THE POTOMAC
  • Land Acres: 0.09
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LANSDOWNE ON THE POTOMAC SEC.22A LOT 22 201108180050387 20031006013282P

Ownership

  • Current Owner : MULROY FAMILY LIMITED PARTNERSHIP
  • Previous Owner : PARK JOUNG KOOK
  • Previous Owner 2: KIM KYUNG HEE
  • Owner Before Previous Owner: BELLUSCI FRANK D
  • Ownership Rights Codes: Partnership
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Loudoun County Public Schools
  • School Tax School District: COUNTY DISTRICT
  • Census Tract: 611009

Zoning

  • Zoning: PDH3

Geography

  • Assessors Map Reference: 62/K24////22
  • Section: 22A
  • Parcel: 112-29-8183-000
  • Lot: 22
  • Municipality: ASHBURN DISTRICT
  • Latitude: 39.09
  • Longitude: -77.4963

    Address

  • Full Address: 43482 Millwright Ter
  • Address - House Number: 43482
  • Address - Street Name: Millwright
  • Address - Suffix Type: Ter
  • State: VA
  • City Name: Leesburg
  • Carrier Code: R032
  • 4-Digit Zip Code: 8466
  • Zip Code: 20176

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,135

    Appraisal Valuation

  • Standard Deviation: 0.0916
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 92
  • Final Value: 870,222
  • High Value: 949,999
  • Low Value: 790,446

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $552,250
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Apr 12, 2021
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $552,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Market Valuation

  • Market Total Value: $815,470
  • Market Land Value: $260,000
  • Market Improvement Value: $555,470

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $815,470
  • Assessed Land Value: $260,000
  • Assessed Improvements Value: $555,470

    Sales

  • Current Sale Contract Date: Apr 09, 2021
  • Current Sale Recording Date: Apr 12, 2021
  • Current Sale Transaction ID: 11831544338
  • Current Sale Price: $650,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202104120042891
  • Previous Sale Recording Date: Aug 18, 2011
  • Previous Sale Contract Date: Aug 16, 2011
  • Previous Sale Amount: $460,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Apr 12, 2021
  • First Mortgage Loan Amount: $552,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Aug 18, 2011
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $434,300
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA

About Lansdowne on The Potomac



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Frequently Asked Questions

What neighborhood is 43482 Millwright Terrace located in?
The 43482 Millwright Terrace is a located in the neighborhood of Lansdowne on The Potomac in Lansdowne on The Potomac, Leesburg.
What is the average sales price for listings in 43482 Millwright Terrace?
The average sales price for units in 43482 Millwright Terrace is $0 currently.

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