NOT LISTED FOR SALE

1001 Murphy Dr Great Falls, VA 22066

Estimated Value: $4,170,825

7 Acres
$562,106 Price per Acre
323,215 Sq Ft Lot

Last Sold November 08, 2022

Last sale price $3,450,000 $542 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $25,882/month

57 Days on Market

Highlights

  • Panoramic View
  • 7.42 Acre Lot
  • Partially Wooded Lot
  • Colvin Run Elementary School Rated A
  • Private Lot
  • No HOA

About This Lot

As of November 2022

Builders: Rare opportunity to purchase 7.42 acres off Walker Rd in Great Falls! There are multiple paths to profit. With the property fronting Walker Road, a public VDOT roadway, you'll enhance your access options. This mostly-level parcel is partially wooded, partially cleared, and offers a beautiful winding driveway to a prestigious hilltop homesite... an ideal location for a new build mega-mansion! The lot is zoned RE (1 home per 2 acres) and can be subdivided to create two additional homesites with by-right zoning. The existing 9,000+ sq ft home is spectacular to behold from the outside with extensive patios, porches, lawns, and outdoor entertaining areas! The spacious interior has been updated throughout the years and boasts an exceptional two-story, wood-paneled entrance foyer, plus multiple sunrooms, parlors, and more. The new owner will likely pursue remodeling inside to truly customize the home to their taste and decor, or replace the home with their dream estate from the ground up! Great Falls is the most desirable address in Northern Virginia, an exclusive residential hideaway of estate homes, nestled among the trees and close to Great Falls National Park and the Potomac River. Great Falls is known for the best of the best; including attending the award-winning Langley High School, dining at the five-star L'Auberge Chez Francois, and enjoying world-class music and entertainment at nearby Wolf Trap. Great Falls residents have easy access to Tysons Corner, McLean, Reston Town Center, Dulles Airport, and the 495/Capital Beltway. Just a short drive downtown to reach the cultural, business, and political landmarks of Washington DC, and a short drive to the west for the vineyards, horse farms, and rapidly growing technology companies of Loudoun County. The value is in the possibilities!

Last Agent to Sell the Property

Stephen Karbelk

CENTURY 21 Commercial New Millennium Listed on: 08/15/2022

CENTURY 21 Commercial New Millennium

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $22,862

Lot Details

  • 7.42 Acre Lot
  • Landscaped
  • Private Lot
  • Premium Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Backs to Trees or Woods
  • 3 Lots in the community
  • Subdivision Possible
  • Property is zoned 100

Property Views

  • Panoramic
  • Scenic Vista
  • Woods

Schools

  • Colvin Run Elementary School
  • Cooper Middle School
  • Langley High School

Utilities

  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot G
  • Assessor Parcel Number 0124 13 G

Property Details

Property Type

Land

Est. Annual Taxes

$22,862

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: Builders: Rare opportunity to purchase 7.42 acres off Walker Rd in Great Falls! There are multiple paths to profit. With the property fronting Walker Road, a public VDOT roadway, you'll enhance your access options. This mostly-level parcel is partially wooded, partially cleared, and offers a beautiful winding driveway to a prestigious hilltop homesite... an ideal location for a new build mega-mansion! The lot is zoned RE (1 home per 2 acres) and can be subdivided to create two additional homesites with by-right zoning. The existing 9,000+ sq ft home is spectacular to behold from the outside with extensive patios, porches, lawns, and outdoor entertaining areas! The spacious interior has been updated throughout the years and boasts an exceptional two-story, wood-paneled entrance foyer, plus multiple sunrooms, parlors, and more. The new owner will likely pursue remodeling inside to truly customize the home to their taste and decor, or replace the home with their dream estate from the ground up! Great Falls is the most desirable address in Northern Virginia, an exclusive residential hideaway of estate homes, nestled among the trees and close to Great Falls National Park and the Potomac River. Great Falls is known for the best of the best; including attending the award-winning Langley High School, dining at the five-star L'Auberge Chez Francois, and enjoying world-class music and entertainment at nearby Wolf Trap. Great Falls residents have easy access to Tysons Corner, McLean, Reston Town Center, Dulles Airport, and the 495/Capital Beltway. Just a short drive downtown to reach the cultural, business, and political landmarks of Washington DC, and a short drive to the west for the vineyards, horse farms, and rapidly growing technology companies of Loudoun County. The value is in the possibilities!
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 15.48
  • Street Number Modifier: 1001

Exterior Features

  • Construction Completed: No
  • View: Panoramic, Scenic Vista, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: FAIRFAX COUNTY PUBLIC SCHOOLS
  • Elementary School: COLVIN RUN
  • Middle School: COOPER
  • High School: LANGLEY
  • Elementary School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138392980
  • School District Source: Listing Agent
  • Elementary School: COLVIN RUN
  • High School: LANGLEY
  • Middle Or Junior School: COOPER

Lot Info

  • Additional Parcels: No
  • Land Use Code: 013
  • Lot Count: 3
  • Lot Features: Backs To Trees, Cleared, Landscaping, Partly Wooded, Premium, Private, Road Frontage, Subdivision Possible, Trees/Wooded
  • Lot Size Acres: 7.42
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 323041.00
  • Year Assessed: 2022
  • Zoning: 100
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 22862.00
  • Assessor Parcel Number: 0124 13 G
  • Tax Lot: G
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 11/08/2022

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2023
Sold by
Jason S Kampf 2008 Trust
Bought by
Starfall Farm Llc
Current Estimated Value
$4,170,825

Purchase Details

Listed on
Aug 15, 2022
Closed on
Nov 8, 2022
Sold by
Faith Alliances
Bought by
Jason S Kampf 2008 Trust
Seller's Agent
Stephen Karbelk
CENTURY 21 Commercial New Millennium
Buyer's Agent
Stephen Karbelk
CENTURY 21 New Millennium
List Price
$5,000,000
Sold Price
$3,450,000
Premium/Discount to List
-$1,550,000
-31%
Views
55

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.34%

Purchase Details

Listed on
Aug 15, 2022
Closed on
Nov 3, 2022
Sold by
Luichi Llc
Bought by
Alliances Faith
Seller's Agent
Stephen Karbelk
CENTURY 21 Commercial New Millennium
Buyer's Agent
Stephen Karbelk
CENTURY 21 New Millennium
List Price
$5,000,000
Sold Price
$3,450,000
Premium/Discount to List
-$1,550,000
-31%
Views
55

Purchase Details

Listed on
Dec 23, 2020
Closed on
Jun 22, 2021
Sold by
Chang Luis
Bought by
Luichi Llc
Seller's Agent
Benjamin Johnson
Vylla Home
Buyer's Agent
Fouad Talout
Long & Foster Real Estate, Inc.
List Price
$2,100,000
Sold Price
$1,900,000
Premium/Discount to List
-$200,000
-9.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.84%
Original Mortgage
$1,330,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 23, 2020
Closed on
May 10, 2021
Sold by
Upland Mortgage Loan Trust and Wilmington Savings Fund Society Fsb
Bought by
Chang Luis
Seller's Agent
Benjamin Johnson
Vylla Home
Buyer's Agent
Fouad Talout
Long & Foster Real Estate, Inc.
List Price
$2,100,000
Sold Price
$1,900,000
Premium/Discount to List
-$200,000
-9.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,330,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2019
Sold by
Rafei Keyvan and Rafei Roya
Bought by
Upland Mortgage Loan Trust and Wilmington Savings Fund Society Fsb

Purchase Details

Closed on
Apr 5, 1994
Sold by
1St Natl Bank Of Chicago
Bought by
Rafei Keyvan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
7.07%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Starfall Farm Llc -- Universal Title
Jason S Kampf 2008 Trust $3,450,000 First American Title
Alliances Faith $199,320 --
Luichi Llc -- Accommodation
Chang Luis $1,900,000 First American Title Insurance
Chang Luis $1,900,000 Land Services Usa Inc
Upland Mortgage Loan Trust -- None Available
Rafei Keyvan $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chang Luis $1,330,000
Previous Owner Chang Luis $1,330,000
Previous Owner Rafei Keyvan $2,846,200
Previous Owner Rafei Keyvan $2,780,000
Previous Owner Rafei Keyvan $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2022 11/08/22 Sold $3,450,000 -31.0% $542 / Sq Ft
10/11/2022 10/11/22 Pending -- -- --
08/15/2022 08/15/22 For Sale $5,000,000 +163.2% $785 / Sq Ft
05/11/2021 05/11/21 Sold $1,900,000 -6.2% $246 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
02/08/2021 02/08/21 Price Changed $2,024,900 -3.6% $262 / Sq Ft
12/23/2020 12/23/20 For Sale $2,100,000 -- $272 / Sq Ft
Source: Bright MLS

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 $33,362 $2,879,730 $758,000 $2,121,730
2023 $33,085 $2,931,730 $810,000 $2,121,730
2022 $22,862 $1,999,320 $779,000 $1,220,320
2021 $21,483 $1,830,680 $779,000 $1,051,680
2020 $20,962 $1,771,150 $779,000 $992,150
2019 $20,731 $1,751,700 $779,000 $972,700
2018 $20,755 $1,804,780 $779,000 $1,025,780
2017 $19,845 $1,709,270 $779,000 $930,270
2016 $21,459 $1,852,310 $856,000 $996,310
2015 $21,637 $1,938,770 $856,000 $1,082,770
2014 $19,799 $1,778,060 $856,000 $922,060
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: VAFX2089602

Bright MLS

APN: 0124-13-G