$368,000 - $417,000
RENTED NOV 18, 2024

The Mercer Condominium 11760 Sunrise Valley Dr Unit 414 Reston, VA 20191

2 Beds
2 Baths
922 Sq Ft
$417 Price per Sq Ft

Last Sold November 01, 2024

Last sale price $369,000 $400 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,317/month

About This Home

As of November 2024

Awesome opportunity to rent a meticulously maintained 2 Bedroom, 2 Bathroom 922 sq. ft. condo in the sought after Mercer building in Reston. Upon entry you are met with inviting neutral paint and laminate flooring throughout the main living area. Kitchen includes stainless appliances, 42" cabinets, tile flooring and open concept bar seating that overlooks living area with gas log fireplace. Off the living area is a laundry closet with new stackable washer dryer and balcony for exterior living that is very private as the unit is on a corner of the building. The two bedrooms in the condo are on opposite sides of the floorplan, making it perfect for a primary bedroom and guest room/office setup for people who work from home, or for roommates who want privacy and separation. Both bedrooms include neutral paint, newer upgraded carpeting, closets and updated full bathrooms either within or adjacent to each room. The Mercer amenities include secure fob entry access, a large gym on the main floor, outdoor pool when in season, concierge desk for packages, business center and updated lobby to welcome you home. Parking is first come first serve and unassigned, but is typically readily available. In terms of location, the building is close to Wegmans, Golds Gym and multiple restaurants nearby. It is also within two miles of the Reston Town Center and multiple strip malls that include other grocery stores, retail, coffee, banks, gas stations and restaurants and also has quick access to area attractions including lakes, pools and tennis/pickleball courts. For commuting purposes it is close to Reston Parkway and 267 for access into DC, or west to Ashburn/Dulles Airport and is also within very close proximity to Wiehle Avenue Silver Line Metro by drive, public transportation or by foot! Two pets with a max weight of 55 pounds each will be considered on a case by case basis. Available *11/2/24*, do not miss this one!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2024
Closed on
Nov 1, 2024
Sold by
Ritchey Jeanne
Bought by
Nirgudkar Ravindra Prabhakar
Seller's Agent
Marc Vuolo
Century 21 Redwood Realty
Buyer's Agent
Marc Vuolo
Century 21 Redwood Realty
Sold Price
$2,500
Views
43
Current Estimated Value
$384,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$381,782
Avg. Annual Appreciation
10.35%
Original Mortgage
$276,750
Outstanding Balance
$275,933
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$110,930

Purchase Details

Closed on
Jan 22, 2021
Sold by
Dragon James A and Dragon Naresh K
Bought by
Ritchey Jeanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,056
Interest Rate
2.71%
Mortgage Type
VA

Purchase Details

Closed on
Aug 23, 2006
Sold by
Jbg Rockwood Reston Sq Re
Bought by
Dragon James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,160
Interest Rate
6.83%
Mortgage Type
New Conventional

Range of Values:

Collateral Analytics

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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
Nirgudkar Ravindra Prabhakar $369,000 First American Title
Ritchey Jeanne $309,900 Stewart Title Guaranty Company
Ritchey Jeanne $309,900 Smart Settlements Llc
Dragon James A $335,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nirgudkar Ravindra Prabhakar $276,750
Previous Owner Ritchey Jeanne $321,056
Previous Owner Ritchey Jeanne $321,056
Previous Owner Dragon James A $325,300
Previous Owner Dragon James A $323,000
Previous Owner Dragon James A $268,160
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2024 11/18/24 Rented $2,500 0.0% --
11/01/2024 11/01/24 Sold $369,000 0.0% $400 / Sq Ft
11/01/2024 11/01/24 For Rent $2,500 0.0% --
10/07/2024 10/07/24 Pending -- -- --
09/25/2024 09/25/24 Price Changed $369,000 -1.6% $400 / Sq Ft
09/12/2024 09/12/24 For Sale $375,000 0.0% $407 / Sq Ft
06/29/2016 06/29/16 Rented $1,750 0.0% --
06/28/2016 06/28/16 Under Contract -- -- --
06/21/2016 06/21/16 For Rent $1,750 0.0% --
06/09/2016 06/09/16 Under Contract -- -- --
06/01/2016 06/01/16 For Rent $1,750 0.0% --
05/24/2016 05/24/16 Price Changed $1,750 +9.7% $2 / Sq Ft
09/11/2015 09/11/15 Rented $1,595 0.0% --
09/11/2015 09/11/15 Under Contract -- -- --
08/20/2015 08/20/15 Price Changed $1,595 -3.3% $2 / Sq Ft
08/07/2015 08/07/15 For Rent $1,650 -5.4% --
07/08/2014 07/08/14 Rented $1,745 0.0% --
07/08/2014 07/08/14 Off Market $1,745 -- --
07/01/2014 07/01/14 Under Contract -- -- --
06/27/2014 06/27/14 Price Changed $1,745 -2.8% $2 / Sq Ft
06/12/2014 06/12/14 For Rent $1,795 -3.0% --
08/23/2013 08/23/13 Rented $1,850 0.0% --
08/23/2013 08/23/13 Off Market $1,850 -- --
08/19/2013 08/19/13 Under Contract -- -- --
07/26/2013 07/26/13 For Rent $1,850 -- --

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 $3,936 $320,920 $64,000 $256,920
2023 $3,523 $294,420 $59,000 $235,420
2022 $3,367 $294,420 $59,000 $235,420
2021 $4,061 $327,130 $65,000 $262,130
2020 $3,899 $311,550 $62,000 $249,550
2019 $3,566 $284,900 $57,000 $227,900
2018 $3,276 $284,900 $57,000 $227,900
2017 $3,442 $284,900 $57,000 $227,900
2016 $3,646 $302,440 $60,000 $242,440
2015 $3,517 $302,440 $60,000 $242,440
2014 $3,378 $291,120 $58,000 $233,120
Source: Public Records

Agents Affiliated with this Home

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