NOT LISTED FOR SALE

2012 Lorraine Ave McLean, VA 22101

Estimated Value: $2,909,124 - $3,903,000

5 Beds
7 Baths
8,383 Sq Ft
$409/Sq Ft Est. Value

About This Home

This home is located at 2012 Lorraine Ave, McLean, VA 22101 and is currently estimated at $3,427,031, approximately $408 per square foot. 2012 Lorraine Ave is a home located in Fairfax County with nearby schools including Chesterbrook Elementary School, Longfellow Middle School, and McLean High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2013
Sold by
Buchanan Price Llc
Bought by
Riggins Bruce A
Current Estimated Value
$3,427,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$1,491,392
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$2,103,554

Purchase Details

Closed on
Feb 15, 2012
Sold by
Omalley Thomas M
Bought by
Buchanan Price Lc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,688,000
Interest Rate
3.93%
Mortgage Type
Construction

Purchase Details

Closed on
May 13, 2004
Sold by
Wilson Donald E
Bought by
Omalley Thomas M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
5.47%
Mortgage Type
New Conventional

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
Riggins Bruce A $2,667,221 --
Buchanan Price Lc $850,000 --
Omalley Thomas M $700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riggins Bruce A $750,000
Closed Riggins Bruce A $500,000
Open Riggins Bruce A $2,000,000
Previous Owner Buchanan Price Lc $1,688,000
Previous Owner Omalley Thomas M $560,000
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
2024 $35,188 $2,884,840 $792,000 $2,092,840
2023 $34,300 $2,905,850 $792,000 $2,113,850
2022 $33,719 $2,820,850 $707,000 $2,113,850
2021 $33,040 $2,700,850 $587,000 $2,113,850
2020 $33,280 $2,700,850 $587,000 $2,113,850
2019 $31,715 $2,571,190 $558,000 $2,013,190
2018 $29,258 $2,544,190 $531,000 $2,013,190
2017 $30,724 $2,537,920 $531,000 $2,006,920
2016 $30,651 $2,532,920 $526,000 $2,006,920
2015 $29,012 $2,484,170 $492,000 $1,992,170
2014 $28,385 $2,435,110 $482,000 $1,953,110
Source: Public Records

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