NOT LISTED FOR SALE

137 Rees Place Falls Church, VA 22046

Estimated Value: $1,355,000 - $1,808,000

3 Beds
3.5 Baths
3,042 Sq Ft
$499/Sq Ft Est. Value

Last Sold April 15, 2020

Last sale price $927,906 $305 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $9,271/month

Highlights

  • Eat-In Gourmet Kitchen
  • Open Floorplan
  • Community Pool
  • Mt. Daniel Elementary School Rated A-
  • Contemporary Architecture
  • 1-minute walk to Howard E. Herman Stream Valley Park

About This Home

As of April 2020

Fantastic spacious townhouse in the heart of Falls Church City with high rated schools, 5 minute walk to classic restaurants and shops, minutes to 66 , 50, 495 as well as metro stops and buses. New Paint, New carpet, extensive exterior maintenance work. Super sized hot water heater, fantastic chef's kitchen, small yard for puttering in just needs some creativity, nice deck off of kitchen. Main level Living room, formal dining room, Family room and open eat in kitchen

Last Agent to Sell the Property

A. Daniel Bouchard

(202) 309-2339 adb@goodvibehomes.com RE/MAX Distinctive License #587602 Listed on: 03/24/2020

RE/MAX Distinctive

Last Buyer's Agent

Tori McKinney

(703) 597-9204 Tori@ROCKSTARRealtyGroup.com KW Metro Center License #0225092882

KW Metro Center

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $11,352

Year Built

  • Built in 1997

Lot Details

  • 1,882 Sq Ft Lot
  • North Facing Home
  • Property is in very good condition

HOA Fees

  • $142 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Basement Garage
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Home Design

  • Semi-Detached or Twin Home
  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,042 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Chair Railings
  • Crown Molding
  • Ceiling Fan
  • Gas Fireplace
  • Formal Dining Room
  • Carpet

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Built-In Oven
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on lower level
  • Electric Dryer
  • Front Loading Washer

Utilities

  • Zoned Heating and Cooling System
  • 60 Gallon+ Bottled Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 52-302-263

Community Details

Overview

  • Rees Estate Subdivision

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$11,352

Year Built

Built in 1997

Lot Details

0

HOA Fees

$142 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 3/24/2020 12:00:00 AM
  • Year Built: 1997
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Built-In Range, Dishwasher, Disposal, Dryer - Electric, Oven - Wall, Refrigerator, Washer - Front Loading
  • Interior Amenities: Breakfast Area, Carpet, Ceiling Fan(s), Chair Railings, Crown Moldings, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: No
  • Laundry Type: Lower Floor
  • Total Sq Ft: 3042
  • Living Area Sq Ft: 3042
  • Price Per Sq Ft: 296.84
  • Above Grade Finished Sq Ft: 3042
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Additional Storage Area, Basement Garage, Garage - Front Entry, Garage Door Opener, Inside Access, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Zoned, Central
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank, Bottled Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Dsl Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 425.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1882.00
  • Property Condition: Very Good
  • Zoning: R-C
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 11352.00
  • Assessor Parcel Number: 52-302-263
  • Tax Lot: 14
  • Tax Year: 2018

MLS Schools

  • School District Name: FALLS CHURCH CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2020
Closed on
Apr 10, 2020
Sold by
Mcmahon Keith W and Keith W Mcmahon Family Trust
Bought by
Cay Metin and Cay Lisa Andrea
Seller's Agent
A. Daniel Bouchard
RE/MAX Distinctive
Buyer's Agent
Tori McKinney
KW Metro Center
List Price
$903,000
Sold Price
$927,906
Premium/Discount to List
$24,906
2.76%
Current Estimated Value
$1,518,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$590,983
Avg. Annual Appreciation
9.30%
Original Mortgage
$742,325
Outstanding Balance
$655,099
Interest Rate
3.2%
Mortgage Type
Construction
Estimated Equity
$863,790

Purchase Details

Closed on
Mar 12, 2018
Sold by
Mcmahon James L and James L Mcmahon Family Trt
Bought by
Lopez Lee James F

Purchase Details

Closed on
Oct 26, 2016
Sold by
Mcmahon James L and Mcmahon Keith W
Bought by
The James L Mcmahon Family Trust Dated A and The Keith W Mcmahon Family Trust Dated A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$598,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2016
Sold by
The James L Mcmahon Family Trust Dated A
Bought by
Mcmahon James L and Mcmahon Keith W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$598,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2006
Sold by
Penland Robert
Bought by
Mcmahon James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
6.24%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 3, 1997
Sold by
Falls Park Associates Llc
Bought by
Goldstein Penland Robert J and Goldstein Penland Lynn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,200
Interest Rate
7.86%
Mortgage Type
New Conventional
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
Cay Metin $927,906 First American Title
Lopez Lee James F -- None Available
The James L Mcmahon Family Trust Dated A -- None Available
Mcmahon James L -- None Available
Mcmahon James $830,000 --
Goldstein Penland Robert J $357,760 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cay Metin $742,325
Previous Owner The James L Mcmahon Family Trust Dated A $598,000
Previous Owner Mcmahon James L $598,000
Previous Owner Mcmahon James $97,000
Previous Owner Mcmahon James $650,000
Previous Owner Goldstein Penland Robert J $286,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2020 04/15/20 Sold $927,906 +2.8% $305 / Sq Ft
03/25/2020 03/25/20 Pending -- -- --
03/24/2020 03/24/20 For Sale $903,000 -- $297 / 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 $13,954 $1,191,000 $426,200 $764,800
2024 $13,954 $1,134,500 $426,200 $708,300
2023 $13,112 $1,066,000 $370,600 $695,400
2022 $12,544 $1,006,600 $370,600 $636,000
2021 $12,769 $950,300 $363,300 $587,000
2020 $12,254 $888,100 $339,500 $548,600
2019 $11,573 $837,800 $320,300 $517,500
2018 $11,352 $837,800 $320,300 $517,500
2017 $11,039 $813,400 $311,000 $502,400
2016 $5,565 $813,400 $311,000 $502,400
2015 $11,131 $830,000 $317,300 $512,700
2014 $9,938 $761,500 $291,100 $470,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAFA111024

Bright MLS

APN: 52-302-263