NOT LISTED FOR SALE

1005 Basil Rd McLean, VA 22101

Estimated Value: $2,505,216 - $2,646,000

0.88 Acre
$2,926,827 Price per Acre
38,333 Sq Ft Lot

Last Sold July 30, 2013

Last sale price $1,500,000

Est. 72% increase in value since last sale

Current estimated payment $15,606/month

About This Lot

As of July 2013

LOT SALE, FOR COMPARABLE PURPOSES

Last Agent to Sell the Property

Mark McFadden

(202) 425-4242 mark@mcmcfaddenpartners.com Compass License #SP99650 Listed on: 07/30/2013

Compass

Last Buyer's Agent

Mark McFadden

(202) 425-4242 mark@mcmcfaddenpartners.com Compass License #SP99650 Listed on: 07/30/2013

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,746

Lot Details

  • 0.88 Acre Lot
  • Property is zoned 110

Community Details

  • No Home Owners Association
  • Basil Court Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 22-4-7- -5

Property Details

Property Type

Land

Est. Annual Taxes

$9,746

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: No
  • Price Per Sq Ft: 39.27

Exterior Features

  • Construction Completed: No
  • 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: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Lot Size Acres: 0.88
  • Lot Size Area: 38193
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 38193.00
  • Zoning: 110

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 9745.92
  • Assessor Parcel Number: 22-4-7- -5
  • Tax Lot: 5
  • County Tax Payment Frequency: Annually
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2013
Closed on
Jul 30, 2013
Sold by
Phelps Edwin L
Bought by
1005 Basil Road Llc
Seller's Agent
Mark McFadden
Compass
Buyer's Agent
Mark McFadden
Compass
List Price
$1,500,000
Sold Price
$1,500,000
Current Estimated Value
$2,575,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,075,608
Avg. Annual Appreciation
4.43%

Purchase Details

Closed on
Mar 19, 2003
Sold by
Lowham Mark
Bought by
Phelps Edwin
Source: Public Records
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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
1005 Basil Road Llc $1,500,000 --
Phelps Edwin $1,100,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2013 07/30/13 Sold $1,500,000 0.0% --
07/30/2013 07/30/13 Pending -- -- --
07/30/2013 07/30/13 For Sale $1,500,000 -- --
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
2025 $25,662 $2,172,000 $2,172,000 --
2023 $23,157 $2,011,000 $2,011,000 $0
2022 $20,903 $1,828,000 $1,828,000 $0
2021 $19,886 $1,662,000 $1,662,000 $0
2020 $19,099 $1,583,000 $1,583,000 $0
2019 $18,194 $1,508,000 $1,508,000 $0
2018 $17,342 $1,508,000 $1,508,000 $0
2017 $17,855 $1,508,000 $1,508,000 $0
2016 $17,817 $1,508,000 $1,508,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003793062

Bright MLS

APN: 0224-07-0005