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$163,000

  • Sold
  • Closed
  • Condo
  • 1 Bed
  • 1 Full Bath
  • 707 Sq. Ft.
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🔥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 for 12701 Lotte Dr #301

General

  • Sold For: $163,000
  • HOA FEE: $601/month
  • Taxes: $1,881 (2025)
  • Status: Closed
  • Type: Condo
  • Source: BrightMLSMidAtlantic
  • MLS ID: VAPW2113830
  • Added to Site: 60 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
  • Terms: Standard Sale
  • Tax Total Finished Sq. Ft.: 707

Disclosures and Reports

  • Ownership: Condominium
  • Condo: Yes

Listed by RE/MAX Galaxy, Farzad Maghsoudi
Sold by Samson Properties, Moujtaba Akhwand

Listing agent

— 12701 Lotte Dr #301 —

  • Farzad Maghsoudi

    RE/MAX Galaxy

Listing Office Email: info@remaxgalaxyrealty.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 12701 Lotte Dr #301

School District:Prince William County Public Schools
NameGradesDistance
Occoquan Elementary School
12915 Occoquan Road, Woodbridge, VA 22192
PK-50.3 mi
Fred M. Lynn Middle School
1650 Prince William Parkway, Woodbridge, VA 22191
6-81.7 mi
Woodbridge High School, Woodbridge, VA
3001 Old Bridge Road, Woodbridge, VA 22192
9-122.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions 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
4/03/2026
Sold
$163,000
-1.21%
MLS
3/06/2026
Listed
$164,990
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by RE/MAX Galaxy, Farzad Maghsoudi
Sold by Samson Properties, Moujtaba Akhwand

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12701 Lotte Drive #301, Woodbridge, VA 22192 (MLS# VAPW2113830) is a Condo property that was sold at $163,000 on April 03, 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.