$516,000 - $527,693
RENTED FEB 27, 2025

1002 Madeira Terrace SE Leesburg, VA 20175

3 Beds
3 Baths
1,576 Sq Ft
$331 Price per Sq Ft

Last Sold December 12, 2024

Last sale price $515,000 $327 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,534/month

About This Home

As of December 2024

"Like New" 3 Bedroom, 2.5 Bath End Unit Garage TH/Condo for Rent in The Heart of Leesburg! Bright Open Floorplan on 2 Levels. Constructed in 2021, this home offers LVP flooring through-out the main level featuring an open-concept living/family room & an eat-in kitchen with large island, SS appliances & Quartz countertops. Adjacent is a dining area & convenient powder room plus easy access to the attached rear entry one car garage with additional driveway parking space. Upstairs the primary bedroom is filled with lots of natural light plus 2 walk-in closets. The ensuite bathroom offers a double sink vanity & a large shower. Two additional bedrooms, one with private balcony access, a 2nd full bathroom & a convenient laundry area complete this upper level. A commuter's dream - located just off of Route 7 exit & only minutes to 15 & the Greenway. The Tuscarora Village amenities are currently under construction & nearly completed - pool, clubhouse, gym - as well as access to the W&OD Trail for your added enjoyment. Less than a mile from the Village at Leesburg shopping center featuring CMX Cinemas, Wegmans and lots of restaurants and other amenities. Available NOW!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2024
Closed on
Dec 11, 2024
Sold by
Morgan Gregory and Morgan Bianca Lombardi
Bought by
Hallaj Faisal and Hallaj Melissa
Seller's Agent
Melody Visser
Real Broker, LLC
Buyer's Agent
Beverly O'Toole
Long & Foster Real Estate, Inc.
List Price
$535,000
Sold Price
$515,000
Premium/Discount to List
-$20,000
-3.74%
Views
109
Current Estimated Value
$521,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,923
Avg. Annual Appreciation
3.89%
Original Mortgage
$412,000
Outstanding Balance
$410,561
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$111,362

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hallaj Faisal $515,000 Union Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hallaj Faisal $412,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2025 02/27/25 Rented $3,100 0.0% --
02/13/2025 02/13/25 Under Contract -- -- --
12/14/2024 12/14/24 For Rent $3,100 0.0% --
12/12/2024 12/12/24 Sold $515,000 -3.7% $327 / Sq Ft
11/16/2024 11/16/24 Pending -- -- --
11/01/2024 11/01/24 For Sale $535,000 -- $339 / Sq Ft

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,227 $488,620 $170,000 $318,620
2023 $4,149 $474,170 $170,000 $304,170
2022 $4,192 $471,020 $170,000 $301,020
Source: Public Records

Agents Affiliated with this Home

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