12450 Fair Lakes Cir Fairfax, VA 22033
Estimated Value: $47,325,532
            
                --
                Bed
            
            
            
                --
                Bath
            
            
            
                196,136
                Sq Ft
            
            
                
                    $241/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 12450 Fair Lakes Cir, Fairfax, VA 22033 and is currently estimated at $47,325,532, approximately $241 per square foot. 12450 Fair Lakes Cir is a home located in Fairfax County with nearby schools including Greenbriar East Elementary School, Johnson Middle School, and Fairfax High.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                Aug 1, 2022
            
        
                Sold by
            
            
                Fair Lakes Ii Property Llc
            
        
                Bought by
            
            
                Gi Ets Fair Lakes Llc
            
        
                            Current Estimated Value
                        
                        
                    Purchase Details
                Closed on
            
            
                Nov 14, 2019
            
        
                Sold by
            
            
                1701 R C Sarasota Investments Llc
            
        
                Bought by
            
            
                Fair Lakes Ii Property Llc
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $27,196,000
            
        
                Interest Rate
            
            
                3.65%
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Gi Ets Fair Lakes Llc | $42,000,000 | Fidelity National Title | |
| Fair Lakes Ii Property Llc | $40,750,000 | Fidelity National Ttl Ins Co | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Previous Owner | Fair Lakes Ii Property Llc | $27,196,000 | 
                Source: Public Records
            
        Tax History Compared to Growth
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 | $441,977 | $35,578,450 | $3,333,150 | $32,245,300 | 
| 2024 | $441,977 | $34,435,310 | $3,333,150 | $31,102,160 | 
| 2023 | $498,913 | $39,801,600 | $3,333,150 | $36,468,450 | 
| 2022 | $474,574 | $37,412,230 | $3,333,150 | $34,079,080 | 
| 2021 | $505,810 | $38,953,390 | $3,333,150 | $35,620,240 | 
| 2020 | $509,508 | $38,938,340 | $3,507,980 | $35,430,360 | 
| 2019 | $416,004 | $31,792,470 | $3,507,980 | $28,284,490 | 
| 2018 | $405,393 | $35,251,590 | $3,507,980 | $31,743,610 | 
| 2017 | $490,769 | $37,265,330 | $3,507,980 | $33,757,350 | 
| 2016 | $490,834 | $38,241,860 | $4,032,460 | $34,209,400 | 
| 2015 | $469,860 | $37,861,370 | $4,032,460 | $33,828,910 | 
| 2014 | $443,097 | $35,776,910 | $4,032,460 | $31,744,450 | 
                Source: Public Records
                    
            
        Map
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