NOT LISTED FOR SALE

Estimated Value: $1,138,000 - $1,227,000

4 Beds
4 Baths
2,603 Sq Ft
$452/Sq Ft Est. Value

Last Sold December 16, 2022

Last sale price $995,000 $382 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $7,173/month

33 Days on Market

Highlights

  • Colonial Architecture
  • Recreation Room
  • Attic
  • Sandburg Middle Rated A-
  • Wood Flooring
  • 2-minute walk to Waynewood Recreation Association Park

About This Home

As of December 2022

**There is a kick-out contingency and the seller is accepting back up offers.**
Welcome to 1010 Potomac Lane, located on an idyllic street just around the corner from the pool and recreation fields in the Waynewood neighborhood. This center hall colonial is a classic beauty with refinished hardwood floors, an updated kitchen, a new primary bath (2020), and lovely outdoor spaces to relax in. Leading to the front door is a beautiful flagstone walkway and native perennial pollinator plantings designed and installed by Cambell Ferriera. Enter into the foyer where there is plenty of space to graciously greet guests and welcome them to your home. The main level features pristine hardwood floors and fresh paint, making for an inviting and warm environment. To the right of the entry hall is the formal dining room which easily accommodates a large table perfect for entertaining. The kitchen has updated appliances (2017) including a 5 burner gas range, quartz countertops, and a large bay window overlooking the expansive backyard. The outdoor entertaining you desire is a breeze with direct kitchen access to the beautiful Pennsylvania bluestone patio and yard. You will enjoy many nights under the stars, relaxing and enjoying the company of friends and family here! For entertaining and gathering inside, the expansive living room is the perfect space with a wood burning fireplace. Beyond the living room is the sunroom (renovated 2015) which is light and bright and the perfect space for a family room, home office, or anything your heart desires. The main level powder room rounds out the main level. On the upper level the hardwood floors are newly refinished (2022). The owner's bedroom is ensuite with a newly renovated luxury bath (2020) featuring a marble top vanity, porcelain tile floors, and glass shower. Not to be missed is the laundry chute - truly a unique and fun feature of this home. Three additional bedrooms, a full hall bath, and walk up to storage in the attic complete the upper level. The walk-out lower level, with new luxury vinyl plank flooring, can accommodate both movie watching and an office area. The second wood burning fireplace adds an element of coziness. Also on this level is another half bath, the laundry area, and generous storage space. There is access to the garage, with a wall storage system, from the lower level as well. The outdoor space is truly magical and will be a delightful place to relax in. There is a flagstone patio made with Pennsylvania bluestone and a second brick patio to accommodate your friends and family for outdoor gatherings. There are landscape lights to enhance the evening hours and mature trees and extensive native perennial pollinator plantings in the beds surrounding the home. Waynewood is located south of Old Town Alexandria with its amazing shopping, restaurants, and historic sites. It is minutes to Interstate 95/495, 10 miles to Reagan National Airport, 12 miles to Washington, D.C. or the Pentagon, and 8 miles to Ft. Belvoir. Home updates include fresh interior paint, refinished hardwood floors, light fixtures 2022, sump pump 2021, replaced fireplace liner 2021, primary bath renovation 2020, back gutters replaced 2018, front walk, steps, landscaping 2018, Samsung range, fridge, microwave, dishwasher 2017, sunroom drywall 2015, lower level powder room 2015, hot water heater 2015, windows with lifetime warranty 2012, electric panel 2010, sunroom duct work insulated (2022). **Pool membership is available to the purchaser.

Last Agent to Sell the Property

Kathleen Hassett

(703) 863-1546 kathy.hassett@compass.com Compass License #0225232278 Listed on: 09/07/2022

Compass

Last Buyer's Agent

Michael Lekas

(703) 927-9895 mike.lekas@longandfoster.com Long & Foster Real Estate, Inc. License #0225058816

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,269

Year Built

  • Built in 1962

Lot Details

  • 0.26 Acre Lot
  • Extensive Hardscape
  • Property is zoned 130

Parking

  • 1 Car Attached Garage
  • 3 Driveway Spaces
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 2 Levels
  • Crown Molding
  • Recessed Lighting
  • 2 Fireplaces
  • Brick Fireplace
  • Replacement Windows
  • Double Hung Windows
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Sun or Florida Room
  • Wood Flooring
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer
  • Laundry Chute

Partially Finished Basement

  • Walk-Out Basement
  • Garage Access
  • Rear Basement Entry
  • Basement Windows

Outdoor Features

  • Exterior Lighting

Schools

  • Waynewood Elementary School
  • Carl Sandburg Middle School
  • West Potomac High School

Utilities

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

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 1112 06230007

Community Details

Overview

  • No Home Owners Association
  • Waynewood Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,269

Year Built

Built in 1962

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-09-07
  • Year Built: 1962
  • Automatically Close On Close Date: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Oven/Range - Gas, Washer, Refrigerator
  • Interior Amenities: Attic, Crown Moldings, Formal/Separate Dining Room, Kitchen - Table Space, Laundry Chute, Recessed Lighting, Upgraded Countertops, Wood Floors
  • Window Features: Double Hung, Replacement
  • Fireplace Features: Brick
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Sun/Florida Room, Recreation Room
  • Basement: Yes
  • Basement Type: Garage Access, Outside Entrance, Partially Finished, Walkout Level, Windows, Rear Entrance, Daylight, Full
  • Total Sq Ft: 2603
  • Living Area Sq Ft: 2603
  • Price Per Sq Ft: 509.73
  • Above Grade Finished Sq Ft: 1952
  • Below Grade Finished Sq Ft: 651
  • Total Below Grade Sq Ft: 651
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding, Brick
  • Exterior Features: Extensive Hardscape, Exterior Lighting
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener, Additional Storage Area
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Refuse: 475.00
  • 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
  • Association Recreation Fee: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: WAYNEWOOD
  • High School: WEST POTOMAC
  • Middle Or Junior School: CARL SANDBURG

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 494550.00
  • Land Assessed Value: 316000.00
  • Lot Size Acres: 0.26
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11491.00
  • Zoning: 130
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 19453188
  • Tax Annual Amount: 9269.00
  • Assessor Parcel Number: 1112 06230007
  • Tax Lot: 7
  • Tax Page Number: 1112
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2022
Closed on
Dec 14, 2022
Sold by
Bailey David E and Bailey Lisa A
Bought by
Gerken Shannon Michael and Gerken Amaron Lara
Seller's Agent
Kathleen Hassett
Compass
Buyer's Agent
Michael Lekas
Long & Foster Real Estate, Inc.
List Price
$1,120,000
Sold Price
$995,000
Premium/Discount to List
-$125,000
-11.16%
Views
91
Current Estimated Value
$1,177,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,355
Avg. Annual Appreciation
5.91%
Original Mortgage
$882,180
Outstanding Balance
$837,919
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$339,436

Purchase Details

Closed on
Jun 16, 2000
Sold by
Garrett Roger L
Bought by
Bailey David E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
8.48%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gerken Shannon Michael $995,000 --
Bailey David E $410,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerken Shannon Michael $882,180
Previous Owner Bailey David E $328,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2022 12/16/22 Sold $995,000 0.0% $382 / Sq Ft
10/05/2022 10/05/22 Price Changed $995,000 -5.1% $382 / Sq Ft
09/29/2022 09/29/22 Price Changed $1,049,000 -4.5% $403 / Sq Ft
09/16/2022 09/16/22 Price Changed $1,099,000 -1.9% $422 / Sq Ft
09/07/2022 09/07/22 For Sale $1,120,000 -- $430 / 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 $11,689 $1,134,440 $406,000 $728,440
2024 $11,689 $961,030 $354,000 $607,030
2023 $11,626 $986,800 $361,000 $625,800
2022 $9,744 $810,550 $316,000 $494,550
2021 $8,805 $716,220 $316,000 $400,220
2020 $8,571 $692,940 $316,000 $376,940
2019 $8,081 $650,280 $298,000 $352,280
2018 $7,478 $650,280 $298,000 $352,280
2017 $7,610 $625,730 $287,000 $338,730
2016 $7,594 $625,730 $287,000 $338,730
2015 $7,328 $625,730 $287,000 $338,730
2014 $7,574 $649,180 $281,000 $368,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAFX2087302

Bright MLS

APN: 1112-06230007