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532 Covington Terrace Northeast

532 Covington Terrace Northeast, Leesburg, VA 20176
Property in Exeter
Sold Sep 02, 2010
$215,000
$204,250 by Wells Fargo Bank Na
Mortgage
Sold Sep 02, 2003
$232,000
$230,181 by Corinthian Mtg Corp
Mortgage
532 Covington Terrace Northeast 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 1994 and is 30 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 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 3 stories. In addition, 532 Covington Terrace Northeast has 1,872 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 558 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. Residents will have the luxury of enjoying both a porch and a patio. 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 wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The building has a gable style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. 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. The property was last sold in Sep 1, 2010 for $215,000. That's $114.85 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $232,000. 532 Covington Terrace Northeast was last assessed in 2023. The total value of the property was assessed at $458,120. Specifically, the land the property is located on was valued at $148,500. While improvements on the property were assessed at a total of $309,620. 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 $4,009. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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: 1994
  • Effective Year Built: 2000
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Wood
  • Building Style: Townhouse
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Basement Type: Finished improved basement
  • Basement Area: 558
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 3,049
  • Total Building Area: 1,872
  • Building Area: 1,872
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,872
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EXETER
  • Land Acres: 0.07
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: EXETER SEC.11 LOT 213 201009020053011

Ownership

  • Current Owner : GANCI MICHAEL P
  • Current Owner 2: PARK JIN K
  • Previous Owner : SUMNERS ANGELA
  • Previous Owner 2: DEYNES WILLIAM
  • Owner Before Previous Owner: MULLENAX ANTHONY W
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Loudoun County Public Schools
  • School Tax School District: COUNTY DISTRICT
  • Census Tract: 610504

Zoning

  • Zoning: LB:PRN

Geography

  • Assessors Map Reference: 48/T19///213
  • Section: 11
  • Parcel: 187-27-8971-000
  • Lot: 213
  • Municipality: LEESBURG
  • Latitude: 39.123
  • Longitude: -77.5449

    Address

  • Full Address: 532 Covington Ter Ne
  • Address - House Number: 532
  • Street Segment Direction: NE
  • Address - Street Name: Covington
  • Address - Suffix Type: Ter
  • State: VA
  • City Name: Leesburg
  • Carrier Code: R006
  • 4-Digit Zip Code: 2479
  • Zip Code: 20176

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,009

    Appraisal Valuation

  • Standard Deviation: 0.1114
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 88
  • Final Value: 515,834
  • High Value: 573,337
  • Low Value: 458,331

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $204,250
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Sep 02, 2010
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $204,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA

    Market Valuation

  • Market Total Value: $458,120
  • Market Land Value: $148,500
  • Market Improvement Value: $309,620

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $458,120
  • Assessed Land Value: $148,500
  • Assessed Improvements Value: $309,620

    Sales

  • Current Sale Contract Date: Sep 01, 2010
  • Current Sale Recording Date: Sep 02, 2010
  • Current Sale Transaction ID: 1008846334
  • Current Sale Price: $215,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20100902053011
  • Previous Sale Recording Date: Sep 02, 2003
  • Previous Sale Amount: $232,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Sep 02, 2010
  • First Mortgage Loan Amount: $204,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: CORINTHIAN MTG CORP
  • Previous Mortgage Transaction Date: Sep 02, 2003
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $230,181
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA

About Exeter



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Frequently Asked Questions

What neighborhood is 532 Covington Terrace Northeast located in?
The 532 Covington Terrace Northeast is a located in the neighborhood of Exeter in Exeter, Leesburg.
What is the average sales price for listings in 532 Covington Terrace Northeast?
The average sales price for units in 532 Covington Terrace Northeast is $0 currently.

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