NOT LISTED FOR SALE

Estimated Value: $19,445,256

-- Bed
-- Bath
95,691 Sq Ft
$203/Sq Ft Est. Value

About This Home

This home is located at 1761 Business Center Dr, Reston, VA 20190 and is currently estimated at $19,445,256, approximately $203 per square foot. 1761 Business Center Dr is a home located in Fairfax County with nearby schools including Sunrise Valley Elementary, South Lakes High School, and Reston Montessori School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2024
Sold by
Pragmatics Llc
Bought by
Long & Kimmy Inc
Current Estimated Value
$19,445,256

Purchase Details

Closed on
Dec 23, 2009
Sold by
Lake Fairfax Iv Llc
Bought by
Pragmatics Inc

Purchase Details

Closed on
Jan 31, 2007
Sold by
Rim Pacific Lake Fairfax
Bought by
Lake Fairfax Iv Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,000,000
Interest Rate
6.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 8, 2005
Sold by
Nvop Llc
Bought by
Rim Pacific Lake Fairfax Iv and Silver Nova Llc,

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,112,472
Interest Rate
5.79%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 28, 2004
Sold by
A & A Fairfax Four Llc
Bought by
Nvop Llc

Purchase Details

Closed on
Dec 22, 1993
Sold by
Variable Annuity Lic
Bought by
A&A Fairfax Four Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,007,500
Interest Rate
7%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Long & Kimmy Inc -- None Listed On Document
Pragmatics Inc $10,693,648 --
Lake Fairfax Iv Llc $17,000,000 --
Rim Pacific Lake Fairfax Iv $17,582,518 --
Nvop Llc $51,100,000 --
A&A Fairfax Four Llc $5,725,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lake Fairfax Iv Llc $43,000,000
Previous Owner Rim Pacific Lake Fairfax Iv $17,112,472
Previous Owner A&A Fairfax Four Llc $4,007,500
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 $92,079 $4,851,260 $2,215,900 $2,635,360
2024 $92,079 $6,602,980 $2,326,700 $4,276,280
2023 $170,288 $12,479,870 $2,548,290 $9,931,580
2022 $233,678 $16,939,360 $2,548,290 $14,391,070
2021 $244,008 $17,311,650 $2,548,290 $14,763,360
2020 $260,333 $18,339,740 $2,659,080 $15,680,660
2019 $236,721 $16,444,640 $2,548,290 $13,896,350
2018 $181,098 $15,747,610 $2,548,290 $13,199,320
2017 $229,441 $15,977,800 $2,548,290 $13,429,510
2016 $219,960 $15,133,130 $2,548,290 $12,584,840
2015 $212,476 $14,848,060 $2,548,290 $12,299,770
2014 $236,630 $16,336,190 $2,548,290 $13,787,900
Source: Public Records

Map