NOT LISTED FOR SALE

1502 Summerset Place Herndon, VA 20170

Estimated Value: $823,797 - $948,000

4 Beds
3 Baths
2,616 Sq Ft
$342/Sq Ft Est. Value

About This Home

This home is located at 1502 Summerset Place, Herndon, VA 20170 and is currently estimated at $893,449, approximately $341 per square foot. 1502 Summerset Place is a home located in Fairfax County with nearby schools including Hutchison Elementary, Herndon Middle School, and Herndon High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2021
Sold by
Bui Giang Terence
Bought by
Giang Terence Bui Revocable Trust and Bui
Current Estimated Value
$893,449

Purchase Details

Closed on
Mar 18, 2005
Sold by
Port Charles S
Bought by
Bui Giang Terence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2002
Sold by
Parrish Linda L
Bought by
Port Charles S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,600
Interest Rate
6.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 1997
Sold by
Pennington Russell M and Pennington Janet K
Bought by
Parrish Steven J and Parrish Linda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 1995
Sold by
Richmond American Homes Of Va
Bought by
Pennington Russell M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,000
Interest Rate
7.43%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Giang Terence Bui Revocable Trust -- Commonwealth Land Title
Giang Terence Bui Revocable Trust -- Commonwealth Land Title
Bui Giang Terence -- Accommodation
Bui Giang Terence $631,000 --
Port Charles S $402,000 --
Parrish Steven J $238,000 --
Pennington Russell M $229,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bui Giang Terence $100,000
Previous Owner Port Charles S $321,600
Previous Owner Pennington Russell M $110,000
Previous Owner Pennington Russell M $218,000
Source: Public Records

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 $9,991 $758,400 $249,000 $509,400
2024 $9,991 $704,350 $249,000 $455,350
2023 $9,688 $697,740 $249,000 $448,740
2022 $9,315 $661,370 $234,000 $427,370
2021 $6,878 $586,080 $194,000 $392,080
2020 $6,621 $559,410 $186,000 $373,410
2019 $6,621 $559,410 $186,000 $373,410
2018 $6,353 $552,410 $179,000 $373,410
2017 $6,229 $536,530 $174,000 $362,530
2016 $6,075 $524,420 $169,000 $355,420
2015 $5,719 $512,450 $164,000 $348,450
2014 $5,529 $496,510 $164,000 $332,510
Source: Public Records

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