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Sold for $163,000
  • $163,000

    12701 Lotte Dr APT 301, Woodbridge, VA 22192

    1beds
    707sqft
    Condominium
    Built in 1968
    -- sqft lot
    $163,600 Zestimate®
    $231/sqft
    $1,675 Estimated rent

    Home value

    $163,600

    $155,000 - $172,000

    $1,675/mo

    Zestimate® history
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    What's special

    Open floorTop floor gemReserved parking
    🔥PRICE LEADER IN WOODBRIDGE –About $20k BELOW THE NEAREST COMP! 🔥 Welcome to 12701 Lotte Dr, Unit 301! This is the lowest-priced 1-bedroom condo in the area, priced specifically for an investor or a savvy buyer looking to build immediate sweat equity. Top floor gem is available at $165,000** for a fast, "as-is" settlement. THE OPPORTUNITY: This 3rd-floor corner unit features 707 sq ft of living space open floor and a private balcony with open views. The condition is solid but dated—primarily requiring cosmetic updates including new flooring, fresh paint, and a refresh of the kitchen and bathroom. This is a "base-hit" project with an estimated After Repair Value (ARV) of $200k+. THE INVESTOR "GOLDMINE": Stop worrying about rising utility costs! The monthly condo fee covers ALL UTILITIES (Electricity, Gas, and Water). For a landlord, this ensures predictable monthly expenses and exceptional cash-on-cash returns. Solid & Strong Rent comps are as high as $1750 a month. KEY FEATURES: Privacy: Top-floor location (3rd level) means no neighbors walking above you. Outdoor Living: Private balcony for morning coffee or evening air. Convenience: Reserved parking and on-site laundry facilities. Location: Prime Woodbridge location—quick access to I-95, Route 1, Occoquan Historic District water front , shopping, and dining. TERMS & CONDITION: Selling 100% AS-IS. While the unit is ready for your cosmetic touch, the high-ticket items are already handled: the A/C system is only 2 years old, and the appliances (including dishwasher) are in excellent working condition. With a successful history as a long-term rental, this property is a proven performer. Perfect for a buyer looking for a low-risk project with high-reward potential!

    Zillow last checked:

    Listing updated:

    Listed by:

    Farzad Maghsoudi 703-508-0835,

    RE/MAX Galaxy

    Bought with:

    Moujtaba Akhwand

    Samson Properties

    Source: Bright MLS,MLS#: VAPW2113830MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Basement
    • Area: 0
    Heating
    • Forced Air, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dishwasher, Disposal, Cooktop, Refrigerator, Gas Water Heater
    • Laundry: Lower Level, Shared, In Basement
    Features
    • Breakfast Area, Combination Dining/Living, Dining Area, Efficiency, Entry Level Bedroom, Family Room Off Kitchen, Flat, Open Floorplan, Kitchen - Country, Kitchen Island, Primary Bath(s), Walk-In Closet(s), Dry Wall
    • Flooring: Laminate
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 707
    • Total interior livable area: 707 sqft
    • Finished area above ground: 707
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Assigned, Parking Lot
    • Details: Assigned Parking
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Lighting, Sidewalks, Street Lights
    • Pool features: Community
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 8393614484.04
    • Zoning: R16
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Traditional
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Combination, Brick, Masonry
    Condition
    • Average
    • New construction: No
    • Year built: 1968

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Natural Gas Available, Water Available

    Community & HOA

    Community
    • Security: Main Entrance Lock
    • Condo and coop fee: $601 monthly
    • Subdivision: Occoquan Ridge Condo
    HOA
    • Has HOA: No
    • Amenities included: Pool, Laundry
    • Services included: Air Conditioning, Common Area Maintenance, Electricity, Gas, Heat, Insurance, Lawn Care Front, Lawn Care Rear, Management, Pest Control, Road Maintenance, Sewer, Snow Removal, Trash, Water
    Location
    • Region: Woodbridge

    Financial & listing details

    • Price per square foot: $231/sqft
    • Tax assessed value: $182,700
    • Annual tax amount: $1,881
    • Date on market: 3/6/2026
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Conventional,Cash,VA Loan
    • Ownership: Condominium

    Price history

    DateEventPrice
    4/3/2026Sold$163,000-1.2%$231/sqft
    Source: Bright MLS #VAPW2113830 Report a problem
    3/24/2026Pending sale$164,990$233/sqft
    Source: Bright MLS #VAPW2113830 Report a problem
    3/6/2026Listed for sale$164,990+22.2%$233/sqft
    Source: Bright MLS #VAPW2113830 Report a problem
    2/3/2021Sold$135,000-6.3%$191/sqft
    Source: Public Record Report a problem
    11/25/2020Listed for sale$144,000$204/sqft
    Source: Selling Virginia Real Estate & Property Management #VAPW501504 Report a problem
    10/20/2020Pending sale$144,000$204/sqft
    Source: Selling Virginia Real Estate & Property Management #VAPW501504 Report a problem
    8/26/2020Price change$144,000-0.7%$204/sqft
    Source: Selling Virginia Real Estate & Property Management #VAPW501504 Report a problem
    8/5/2020Listed for sale$145,000+208.5%$205/sqft
    Source: Selling Virginia Real Estate & Property Management #VAPW501504 Report a problem
    3/13/2020Listing removed$1,250$2/sqft
    Source: Selling Virginia Real Estate & Property Management #VAPW486128 Report a problem
    2/25/2020Price change$1,250-2%$2/sqft
    Source: Selling Virginia Real Estate & Property Management #VAPW486128 Report a problem
    1/24/2020Listed for rent$1,275+6.3%$2/sqft
    Source: Selling Virginia Real Estate & Property Management #VAPW486128 Report a problem
    12/30/2017Listing removed$1,200$2/sqft
    Source: Selling Virginia Real Estate & Property Management #1003869825 Report a problem
    10/29/2017Listed for rent$1,200+2.1%$2/sqft
    Source: Selling Virginia Real Estate & Property Management #1003869825 Report a problem
    6/14/2016Listing removed$1,175+20.5%$2/sqft
    Source: Selling Virginia Real Estate & Property Management #PW9652905 Report a problem
    6/30/2013Listing removed$975-2.5%$1/sqft
    Source: Coldwell Banker Residential Brokerage - Prince William Parkway #PW8066131 Report a problem
    5/20/2013Price change$1,000-2.4%$1/sqft
    Source: Coldwell Banker Residential Brokerage - Prince William Parkway #PW8066131 Report a problem
    5/5/2013Price change$1,025-2.4%$1/sqft
    Source: Coldwell Banker Residential Brokerage - Prince William Parkway #PW8066131 Report a problem
    4/28/2013Listed for rent$1,050$1/sqft
    Source: Coldwell Banker Residential Brokerage - Prince William Parkway #PW8066131 Report a problem
    7/31/2009Sold$47,000$66/sqft
    Source: Public Record Report a problem
    6/27/2009Listed for sale$47,000$66/sqft
    Source: RE/MAX Riverside #PW7094981 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,791 +7.6%$182,700 +9.1%
    2024$1,665 +3.8%$167,400 +8.6%
    2023$1,604 -4.8%$154,200 +6.4%
    2022$1,685 +6.2%$144,900 +14.9%
    2021$1,586 +13%$126,100 +14.7%
    2020$1,404 +116.9%$109,900 +2.5%
    2019$647 -46.8%$107,200 +6.5%
    2018$1,216 +0.9%$100,700 +0.8%
    2017$1,206 -5.1%$99,900
    2016$1,270 +27.2%$99,900 +14.4%
    2015$999 $87,300 +15.5%
    2014$999 $75,600 +15.8%
    2013-- $65,300
    2012-- $65,300 -4.7%
    2009-- $68,500 -54.1%
    2008-- $149,400 -7%
    2007-- $160,600 +3.8%
    2006-- $154,700 +61.8%
    2005-- $95,600 +25.3%
    2004-- $76,300 +29.8%
    2003-- $58,800 +22.8%
    2002-- $47,900 +19.5%
    2001-- $40,100
    Find assessor info on the county website

    Neighborhood: 22192

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Occoquan
    • Middle: Fred M. Lynn
    • High: Woodbridge
    • District: Prince William County Public Schools

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $163,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $163,600