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43570 Merchant Mill Terrace

43570 Merchant Mill Terrace, Leesburg, VA 20176
Sold Mar 17, 2021
$618,930
$603,000 by George Mason Mortgage Llc
Mortgage Due Feb 01, 2051
Sold Apr 29, 2019
$659,000
$593,100 by George Mason Mortgage Llc
Mortgage
Local assessors in Leesburg, VA have categorized 43570 Merchant Mill Terrace as a residential type of property. The home was built in 2005 and is 19 years old. The property's lot size has been calculated to be 4,356 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. 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 43570 Merchant Mill Terrace has a total of 3,234 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 1,094 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 480 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 asphalt. Lots of masonry were used in the construction of the exterior walls of the home. 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 gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Mar 16, 2021 for $618,930. That's $191.38 per sqft. Prior to that sales transaction, the property was also sold in Apr 26, 2019 for $659,000. 43570 Merchant Mill Terrace was last assessed in 2023. The total value of the property was assessed at $839,460. Specifically, the land the property is located on was valued at $260,000. While improvements on the property were assessed at a total of $579,460. 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 $7,345. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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.

Building Features

Exterior

Vinyl Siding

Driveway

Driveway

Parking

Paved Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 16
  • 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: 1,094
  • Garage Type: Attached
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 4,356
  • Total Building Area: 3,234
  • Building Area: 3,234
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,234
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LANSDOWNE ON THE POTOMAC
  • Land Acres: 0.1
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LANSDOWNE ON THE POTOMAC SEC.27 LOT 35 200603080021344 D/G 200508010084077

Ownership

  • Current Owner : JILL IRENE JONES TRUST
  • Current Owner 2: JONES
  • Previous Owner : JONES JILL IRENE
  • Owner Before Previous Owner: WHITE JAXON A
  • Owner Before Previous Owner 2: WHITE PAMELA R
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • 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/K26////35
  • Section: 27
  • Parcel: 112-40-8595-000
  • Lot: 35
  • Municipality: ASHBURN DISTRICT
  • Latitude: 39.0958
  • Longitude: -77.4926

    Address

  • Full Address: 43570 Merchant Mill Ter
  • Address - House Number: 43570
  • Address - Street Name: Merchant Mill
  • Address - Suffix Type: Ter
  • State: VA
  • City Name: Leesburg
  • Carrier Code: R038
  • 4-Digit Zip Code: 8228
  • Zip Code: 20176

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,345

    Appraisal Valuation

  • Standard Deviation: 0.1027
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 90
  • Final Value: 937,346
  • High Value: 1,033,694
  • Low Value: 840,998

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $701,457
  • First Open Lien Mortgage Lender: GEORGE MASON MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Feb 02, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $603,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2051
  • Second Open Lien Mortgage Lender: US BANK NATIONAL ASSOCIATION
  • Second Open Lien Mortgage Recording Date: Nov 14, 2022
  • Second Open Lien Mortgage Loan Amount: $98,457
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Nov 15, 2052

    Market Valuation

  • Market Total Value: $839,460
  • Market Land Value: $260,000
  • Market Improvement Value: $579,460

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $839,460
  • Assessed Land Value: $260,000
  • Assessed Improvements Value: $579,460

    Sales

  • Current Sale Contract Date: Mar 16, 2021
  • Current Sale Recording Date: Mar 17, 2021
  • Current Sale Transaction ID: 11917247995
  • Current Sale Price: $618,930
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 32272
  • Previous Sale Recording Date: Apr 29, 2019
  • Previous Sale Contract Date: Apr 26, 2019
  • Previous Sale Amount: $659,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: GEORGE MASON MORTGAGE LLC
  • Previous Mortgage Transaction Date: Apr 29, 2019
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $593,100
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Lansdowne on The Potomac



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Frequently Asked Questions

What neighborhood is 43570 Merchant Mill Terrace located in?
The 43570 Merchant Mill Terrace is a townhouse located in the neighborhood of Lansdowne on The Potomac in Lansdowne on The Potomac, Leesburg.
What is the average sales price for listings in 43570 Merchant Mill Terrace?
The average sales price for units in 43570 Merchant Mill Terrace is $0 currently.

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