NOT LISTED FOR SALE

2946 Penny Ln Fairfax, VA 22031

Estimated Value: $942,355 - $974,000

3 Beds
3.5 Baths
1,610 Sq Ft
$592/Sq Ft Est. Value

Last Sold August 24, 2021

Last sale price $839,000 $521 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $6,303/month

3 Days on Market

Highlights

  • Fitness Center
  • Deck
  • Community Pool
  • Fairhill Elementary School Rated A-
  • Traditional Architecture
  • 2-minute walk to Penny Lane Park

About This Home

As of August 2021

This gorgeous Astor model is ready for you now and boasts hardwood flooring on all levels, a balcony off the main level and rooftop terrace on the upper level with loft and a 3rd bedroom and bathroom. Pristine and modern finishes throughout. This is a must see! Such an excellent location in the middle of the Mosaic District with excellent walking access to restaurants, movie theaters and craft breweries. The 4th floor porch is on the east side of the house and is shaded in the afternoon. It is a great place for dinner and evening movies. The two car garage is finished with painted walls and floors. Second floor living room has an exposed brick wall. There is a porch off the kitchen for early morning coffee or lunch/dinner

Last Agent to Sell the Property

Brian Gaverth

Compass License #0225209724 Listed on: 07/15/2021

Compass

Last Buyer's Agent

Melissa Riley

EXP Realty, LLC

EXP Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,912

Year Built

  • Built in 2014

Lot Details

  • 728

HOA Fees

  • $204 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Stucco

Interior Spaces

  • 1,610 Sq Ft Home
  • Property has 4 Levels
  • Partially Finished Basement

Kitchen

  • Stove
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Additional Features

  • Energy-Efficient Appliances
  • Deck
  • 728 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 67
  • Assessor Parcel Number 0493 37020067

Community Details

Overview

  • Mosaic At Merrifield Subdivision

Recreation

  • Fitness Center
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,912

Year Built

Built in 2014

Lot Details

0

HOA Fees

$204 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2, Upper 3
  • Year Built: 2014
  • Automatically Close On Close Date: No
  • Remarks Public: This gorgeous Astor model is ready for you now and boasts hardwood flooring on all levels, a balcony off the main level and rooftop terrace on the upper level with loft and a 3rd bedroom and bathroom. Pristine and modern finishes throughout. This is a must see! Such an excellent location in the middle of the Mosaic District with excellent walking access to restaurants, movie theaters and craft breweries. The 4th floor porch is on the east side of the house and is shaded in the afternoon. It is a great place for dinner and evening movies. The two car garage is finished with painted walls and floors. Second floor living room has an exposed brick wall. There is a porch off the kitchen for early morning coffee or lunch/dinner
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dryer, Washer, Dishwasher, Disposal, Refrigerator, Icemaker, Stove
  • Fireplace: No
  • Levels Count: 4
  • Basement: Yes
  • Basement Type: Partially Finished
  • Total Sq Ft: 1610
  • Living Area Sq Ft: 1610
  • Price Per Sq Ft: 521.12
  • Above Grade Finished Sq Ft: 1610
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2946

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Upper Level Bathrooms: 4
  • Upper Level Bathrooms: 1.00
  • Upper Level 2 Bathrooms: 3.00
  • Upper Level 2 Full Bathrooms: 3
  • Upper Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 204.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Fitness Center
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: FAIRFAX COUNTY PUBLIC SCHOOLS
  • School District Key: 121138392980
  • School District Source: Listing Agent

Green Features

  • Efficiency: Appliances
  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 545490.00
  • Land Assessed Value: 214000.00
  • Land Use Code: 031
  • Lot Size Acres: 0.02
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 728.00
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2021
  • Zoning: 350
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 19551603
  • Tax Annual Amount: 8912.00
  • Assessor Parcel Number: 0493 37020067
  • Tax Lot: 67
  • Tax Page Number: 493
  • Tax Total Finished Sq Ft: 1610
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 08/24/2021

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2021
Closed on
Aug 24, 2021
Sold by
Fletcher Michael J and Padua Justin Vincent
Bought by
Padua Vincent Ma and Padua Suzanne Young
Seller's Agent
Brian Gaverth
Compass
Buyer's Agent
Melissa Riley
EXP Realty, LLC
List Price
$839,000
Sold Price
$839,000
Current Estimated Value
$952,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,339
Avg. Annual Appreciation
3.17%
Original Mortgage
$450,000
Outstanding Balance
$414,450
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$533,670

Purchase Details

Closed on
Feb 13, 2014
Sold by
Mosaic Homes Asoc Llc
Bought by
Fletcher Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,820
Interest Rate
4.52%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Padua Vincent Ma $839,000 Cobalt Settlements Llc
Fletcher Michael J $766,887 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Padua Vincent Ma $450,000
Previous Owner Fletcher Michael J $536,820
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2021 08/24/21 Sold $839,000 0.0% $521 / Sq Ft
07/18/2021 07/18/21 Pending -- -- --
07/15/2021 07/15/21 For Sale $839,000 -- $521 / 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
2024 $9,963 $859,960 $245,000 $614,960
2023 $9,115 $807,670 $240,000 $567,670
2022 $9,011 $788,060 $230,000 $558,060
2021 $8,913 $759,490 $214,000 $545,490
2020 $8,681 $733,510 $214,000 $519,510
2019 $8,681 $733,510 $214,000 $519,510
2018 $8,435 $733,510 $214,000 $519,510
2017 $8,516 $733,510 $214,000 $519,510
2016 $8,333 $719,320 $210,000 $509,320
2015 $8,028 $719,320 $210,000 $509,320
2014 $7,115 $661,790 $200,000 $461,790
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Brian Gaverth

    Compass

    Section Image
  • Melissa Riley

    Buyer's Agent in 2021

    Melissa Riley

    EXP Realty, LLC

    (618) 581-5888

    1 in this area

    22 Total Sales

    Melissa Riley
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: VAFX2006888

Bright MLS

APN: 0493-37020067

Virginia Fairfax County Fairfax 22031

2946 Penny Ln, Fairfax, VA

This home is located at 2946 Penny Ln, Fairfax, VA 22031 since 15 July 2021 and is currently estimated at $952,339, approximately $591 per square foot. This property was built in 2014. 2946 Penny Ln is a home located in Fairfax County with nearby schools including Fairhill Elementary School, Luther Jackson Middle School, and Falls Church High School.

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