new - 3 days on rocket

503 Cherry Ln NE, Leesburg, VA, 20176

$739,900

Home List Price

$8,786*

Closing Credit

5 Bedrooms
3 Full Baths
2,324 SqFt
$318/SqFt
House

Location

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503 Cherry Ln NE, Leesburg$739,900

Buyer Closing Credits

$8,786*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingAdditional Storage Area, Garage - Front Entry, Garage - Rear Entry, Garage Door Opener, Inside Access, Attached Garage
Garage2 spaces
Year Built1981
HeatingForced Air, Active Solar
CoolingCentral Air
BasementYes
MLS #VALO2085822
Lot Size0.34 Acres
StatusActive
(ACTIVE)

About 503 Cherry Ln NE

GORGEOUS 5 BEDROOM 3 BATH 2 CAR GARAGE SINGLE FAMILY HOME IN SOUGHT AFTER CARRVALE COMMUNITY IN LEESBURG - METICULOUSLY MAINTAINED FOR THE PAST 35 YEARS WITH SAME OWNERS - 2 CAR GARAGE, MAIN BEDROOM & MAIN BATHROOM ADDITION ADDED IN 2003 - BRIGHT SUNROOM OFF OF KITCHEN IN REAR ADDED IN 2016 - NEW ROOF AND SOLAR PANELS ADDED IN 2020 - FULL KITCHEN REMODEL IN 2016 - MAIN AND LOWER LEVEL BATHROOMS RECENTLY REMODELED - HUGE 19 x 14 MAIN BEDROOM WITH CATHEDRAL CEILINGS, GAS FIREPLACE, WALK-IN CLOSET AND LUXURY BATH WITH DUAL SHOWER HEADS, JETTED JACUZZI TUB & DUAL SINKS - UPDATED KITCHEN WITH STAINLESS STEEL APPLIANCES & QUARTZ COUNTERTOPS - FULLY FINISHED BASEMENT WITH 2 ADDITIONAL BEDROOMS, FULL BATHROOM, RECREATION ROOM WITH GAS FIREPLACE & LAUNDRY ROOM - UPDATED FLOORING THROUGHOUT - BEAUTIFULLY LANDSCAPED FENCED YARD - PRIVATE DECK, STONE PATIO WITH WALKWAYS, SHED & GAZEBO.

Property Details

Property Features

Property Information:

  • Architectural Style: Bi-level, Split Foyer
  • Year Built: 1981
  • Stories: 2
  • Living Area: 2,324 SqFt

Listing Office:

  • Office Name: Samson Properties
  • Office Phone: (703) 378-8810
  • Listing Agent: Gary E Bare

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Additional Storage Area, Garage - Front Entry, Garage - Rear Entry, Garage Door Opener, Inside Access, Attached Garage

Lot Features

Lot Information:

  • Lot Size: 0.34 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Active Solar
  • Cooling: Central Air

Other

Directions Information:

  • Directions: FROM ASHBURN - ROUTE 7 WEST - ROUTE 15 NORTH - LEFT AT SECOND LIGHT ONTO EDWARDS FERRY ROAD - RIGHT ONTO CHERRY LANE - TO #503 ON THE LEFT

Price Information

Listing Price Info

Price Summary:

  • List Price: $739,900
  • Price Per SqFt: $318/SqFt

Tax Information:

  • Annual Amount: $4,458
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Leesburg, VA.

Med. Sold Price

$760.1K

Med. Price/SqFt

$281

Avg. Days On Market

18

# of Sold Homes

68

503 Cherry Ln NE vs Leesburg

3 DAYS ON ROCKET

-15 Days

$739,900

-$20.2K Less

$318/SqFt

+$37 More

KEY TAKEAWAY

This property is $20.2K less than the Median Sold Price and $37/SqFt more than other homes in Leesburg, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #VALO2085822

Listing Office:

  • Office Name: Samson Properties
  • Office Phone: (703) 378-8810
  • Listing Agent: Gary E Bare

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/4/2025, 9:24:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$4,458$454,880
2020$4,238$409,540
2018$4,156$383,030

History based on county public records data.

Payment Calculator

$3,760

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,285

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-464647
6
/10
  • Leesburg Elementary School

  • 323 Plaza St NE

  • 0.32 miles

  • Public District Grades PK-5

school-card-donut-464648
5
/10
  • Ball's Bluff Elementary School

  • 821 Battlefield Pkwy NE

  • 0.67 miles

  • Public District Grades PK-5

school-card-donut-464649
3
/10
  • Frederick Douglass Elementary School

  • 510 Principal Drummond Way SE

  • 0.79 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $88,715. Typical income of Leesburg, VA residents is between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 503 Cherry Ln NE

What is the listing price of this property?

The listing price of 503 Cherry Ln NE property is $739,900.

What type of property is this?

The property 503 Cherry Ln NE is a house located in Leesburg, Virginia, 20176.

Is this property for sale now?

Active Listing: 503 Cherry Ln NE is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,458 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 503 Cherry Ln NE has 5 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 503 Cherry Ln NE is 2,324 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 503 Cherry Ln NE is 1981.

Rocket Homes›Virginia›Loudoun County›Leesburg›20176›503 Cherry Ln NE

This home is located at 503 Cherry Ln NE in Leesburg, VA and zip code 20176 in the Carrvale neighborhood. This 2,324 square foot home, which was built in 1981, sits on a 0.34 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 01, 2025 and is currently priced at $739,900.

In December 2024 more than 24 listings in Leesburg, VA were sold above the asking price. During the same period more than 17 listings were sold at asking price, while more than 27 were sold below. The number of homes for sale in Leesburg, VA decreased by 18.5% between November 2024 and December 2024. In December 2024 median list price was $760,142 and the average listing age was 18 days.

From Rocket Homes Real Estate and based on county public records data.

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