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Property Description
🔥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!
Full Property Details
Full Property Details for 12701 Lotte Dr #301
General
- Price: $164,990
- HOA FEE: $601/month
- Taxes: $1,881 (2025)
- Status: Active
- Type: Condo
- Source: BrightMLSMidAtlantic
- MLS ID: VAPW2113830
- Updated: 3/6/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Breakfast Area, Combination Dining/Living, Dining Area, Efficiency, Entry Level Bedroom, Family Room Off Kitchen, Flat, Floor Plan - Open, Kitchen - Country, Kitchen - Island, Primary Bath(s), Walk-in Closet(s)
- Appliances: Dishwasher, Disposal, Cooktop, Refrigerator
- Flooring: Laminate Plank
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main Floor Baths: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 1
- Bedrooms Main & Up: 1
Other Rooms
- Laundry: Lower Floor, Shared, Basement
Additional Information
- Shared Amenities: Pool - Outdoor, Laundry Facilities
- Shared Pool: Yes
- Pool: Yes
- Security/Safety: Main Entrance Lock
Exterior
- Exterior Features: Exterior Lighting, Sidewalks, Street Lights
Parking
- Assigned Spaces: 1
- Total Spaces: 1
- Parking Features: Assigned
- Parking Type: Parking Lot
Location
- County: PRINCE WILLIAM
- Subdivision: OCCOQUAN RIDGE CONDO
- Building Name: OCCOQUAN RIDGE CONDO
- Driving Directions: USE GPA
School Information
- School District: Prince William County Public Schools
- Elementary School: Occoquan
- Middle School: Fred M. Lynn
- High School: Woodbridge
Community
- Assoc. Fees Include: 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
- Pets Allowed: Yes
- Pets: Cats OK, Dogs OK
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Electric
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electric Available, Natural Gas Available, Water Available
Structural Information
- Architectural Style: Traditional
- Structure Type: Garden 1 - 4 Floors
- Construction: Combination
- Walls/Ceilings: Dry Wall, Brick, Masonry
- Entry Floor Number: 3
- Stories Description: Main
- Square Feet: 707
- Sq. Ft. Source: Assessor
- Living Area: 707 Sq. Ft.
- Finished Above Grnd: 707 Sq. Ft.
- Year Built: 1968
- Year Built Source: Assessor
- Property Condition: Average
Unit Information
- Unit Floor in Bldg.: 4
Lot Features
- Zoning: R16
Financial Considerations
- Price Per Sq. Ft.: $233.37
- Condo Fee: $601
- Condo Fee Freq: Monthly
- Assessment Year: 2025
- City/TownTax Freq: Annually
- County Tax: $1,655
- County Tax Freq: Annually
- Tax w/Assessment: $182,700
- Tax Amount: $1,881
- Tax Year: 2025
- Tax Total Finished Sq. Ft.: 707
Disclosures and Reports
- Ownership: Condominium
- Condo: Yes
Listed by RE/MAX Galaxy, Farzad Maghsoudi
Get Pre-Approved Today
Schools
Schools serving 12701 Lotte Dr #301
School District:Prince William County Public Schools
| Name | Grades | Distance |
|---|---|---|
Occoquan Elementary School 12915 Occoquan Road, Woodbridge, VA 22192 | PK-5 | 0.3 mi |
Fred M. Lynn Middle School 1650 Prince William Parkway, Woodbridge, VA 22191 | 6-8 | 1.7 mi |
Woodbridge High School, Woodbridge, VA 3001 Old Bridge Road, Woodbridge, VA 22192 | 9-12 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 12701 Lotte Dr #301
Date
Details
Price
Change
Source
3/06/2026
Listed
$164,990
22.21%
MLS
1/29/2021
Sold
$135,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 12701 Lotte Dr #301
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,665
—
$182,700
9%
2024
$1,665
4%
$167,400
9%
2023
$1,604
-5%
$154,200
6%
2022
$1,685
6%
$144,900
15%
2021
$1,586
126%
$126,100
15%
2020
$702
-58%
$109,900
3%
2019
$1,662
6%
$107,200
6%
2018
$1,561
22%
$100,700
1%
2017
$1,282
1%
$99,900
—
2016
$1,270
14%
$99,900
14%
2015
$1,118
12%
$87,300
15%
2014
$999
22%
$75,600
16%
2013
$820
—
$65,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 12701 Lotte Dr #301
12701 Lotte Drive #301, Woodbridge, VA 22192 (MLS# VAPW2113830) is a Condo property with 1 bedroom and 1 full bathroom. 12701 Lotte Drive #301 is currently listed for $164,990 and was received on March 06, 2026. Want to learn more about 12701 Lotte Drive #301? Do you have questions about finding other Condo real estate for sale in Woodbridge? You can browse all Woodbridge real estate or contact a Coldwell Banker agent to request more information.

