NOT LISTED FOR SALE

1008 Madison Ln Falls Church, VA 22046

Estimated Value: $2,011,000 - $2,408,000

5 Beds
4.5 Baths
4,618 Sq Ft
$466/Sq Ft Est. Value

Last Sold July 02, 2015

Last sale price $1,360,000 $294 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $13,352/month

Highlights

  • Remodeled in 2014
  • Gourmet Kitchen
  • 1 Fireplace
  • Mt. Daniel Elementary School Rated A-
  • Craftsman Architecture
  • No HOA

About This Home

As of July 2015

NEW CRAFTSMAN - 5BR, 4.5BA, 4,600+ SF on 3 lvls w/ 2 Car gar - big lot on one of the nicest streets in Falls Church! Open floor plan loaded w/upgrades, gourmet kit w/ eat in kitch, large mudroom, & incredible Great Room. Master Suite has 2 WICs & en suite spa bath. Lwr lvl features Guest Suite, Rec room, & Exercise room. Walk to METRO, Broad St, & shops. Home will be ready Spring 2015.

Last Agent to Sell the Property

Mark Schacknies

DCRE RESIDENTIAL LLC Listed on: 07/07/2014

Co-Listed By

Jon Ferris

Optime Realty License #MRIS:3023579

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,844

Year Built

  • Built in 1946 | Remodeled in 2014

Lot Details

  • 0.28 Acre Lot
  • Property is zoned R-1A

Home Design

  • Craftsman Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Dining Area

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4.5 Bathrooms

Finished Basement

  • Connecting Stairway
  • Rear Basement Entry

Parking

  • Garage
  • Front Facing Garage

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 52-111-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,844

Year Built

Built in 1946 | Remodeled in 2014

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Craftsman
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1946
  • Year Renovated: 2014
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Gourmet, Breakfast Area, Dining Area
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Connecting Stairway, Rear Entrance, Fully Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 4618
  • Living Area Sq Ft: 4618
  • Price Per Sq Ft: 427.39
  • Above Grade Finished Sq Ft: 3264
  • Below Grade Finished Sq Ft: 1354
  • Total Below Grade Sq Ft: 1354
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Lower Level Bedroom: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 3
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination, Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Garage
  • Garage Features: Garage - Front Entry

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 127100.00
  • Land Assessed Value: 474000.00
  • Lot Size Acres: 0.28
  • Lot Size Area: 12001
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12001.00
  • Year Assessed: 2014
  • Zoning: R-1A
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16510896
  • Tax Annual Amount: 7844.36
  • Assessor Parcel Number: 52-111-005
  • Tax Lot: 21
  • Tax Total Finished Sq Ft: 3266
  • Tax Year: 2014
  • Close Date: 07/02/2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2022
Sold by
Laurence Mckenny
Bought by
Mckenny Katharine and Swiller Samuel
Current Estimated Value
$2,153,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,070,000
Outstanding Balance
$1,026,449
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$1,177,381

Purchase Details

Listed on
Jul 7, 2014
Closed on
Jun 23, 2015
Sold by
Wsd Capital Llc
Bought by
Mckenny Laurence
Seller's Agent
Mark Schacknies
DCRE RESIDENTIAL LLC
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$1,395,000
Sold Price
$1,360,000
Premium/Discount to List
-$35,000
-2.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.84%

Purchase Details

Closed on
Jun 10, 2014
Sold by
Hockman Judson D and Campbell Nell C
Bought by
Wsd Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$941,500
Interest Rate
4.27%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Mckenny Katharine $707,376 Old Republic National Title
Mckenny Laurence $1,360,000 --
Wsd Capital Llc $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swiller Samuel $200,000
Open Mckenny Katharine $1,070,000
Previous Owner Mckenny Laurence $402,095
Previous Owner Mckenny Laurence $405,200
Previous Owner Wsd Capital Llc $941,500
Previous Owner Campbell Nell C $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2015 07/02/15 Sold $1,360,000 -2.5% $294 / Sq Ft
07/28/2014 07/28/14 Pending -- -- --
07/07/2014 07/07/14 For Sale $1,395,000 -- $302 / 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
2025 $22,551 $1,949,600 $733,700 $1,215,900
2024 $22,551 $1,833,400 $685,700 $1,147,700
2023 $22,500 $1,829,300 $596,300 $1,233,000
2022 $20,203 $1,800,100 $596,300 $1,203,800
2021 $20,483 $1,530,500 $554,400 $976,100
2020 $20,026 $1,457,600 $528,000 $929,600
2019 $19,701 $1,433,600 $504,000 $929,600
2018 $13,187 $1,421,600 $492,000 $929,600
2017 $17,855 $1,329,300 $492,000 $837,300
2016 $3,418 $1,329,300 $492,000 $837,300
2015 $6,835 $502,000 $492,000 $10,000
2014 $8,042 $601,100 $474,000 $127,100
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Mark Schacknies

    DCRE Residential

  • J

    Seller Co-Listing Agent in 2015

    Jon Ferris

    The Keri Shull Team

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Map

Source: Bright MLS

MLS Number: 1003087796

Bright MLS

APN: 52-111-005

Virginia Falls Church County Falls Church 22046

1008 Madison Ln, Falls Church, VA

This home is located at 1008 Madison Ln, Falls Church, VA 22046 since 07 July 2014 and is currently estimated at $2,153,345, approximately $466 per square foot. This property was built in 1946. 1008 Madison Ln is a home located in Falls Church City with nearby schools including Mt. Daniel Elementary School, Oak Street Elementary School, and Mary Ellen Henderson Middle School.

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