NOT LISTED FOR SALE

2974 Nipper Way Fairfax, VA 22031

Estimated Value: $837,000 - $955,000

4 Beds
4 Baths
1,930 Sq Ft
$464/Sq Ft Est. Value

Last Sold November 20, 2020

Last sale price $707,500 $367 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $5,480/month

About This Home

As of November 2020

A beautiful townhome in a great location convenient to The Mosaic District and Two Metro Stations! Spacious open floorplan with a center island kitchen that opens to the family room, complete with a gas fireplace and sliding doors to a wonderful deck, perfect for grilling and entertaining. The living/dining room now has wood floors. Upstairs is the large main bedroom with vaulted ceilings, a walk-in closet, double sinks, a jacuzzi tub, and glass shower. There are two more spacious bedrooms, a second full bath, and a convenient laundry. The huge lower-level bedroom with a walk-in closet, private full bath, and sliding glass doors to the private patio, make it the perfect in-law/au pair suite or a wonderful second family room. The two-car garage even has a Tesla Electric Charging Station. Window treatments will be installed in all windows. Pets are considered on a case-by-case basis ($500 pet deposit). No smoking inside. Rules and Regulations along with the Parking rules are available by clicking on the Document Icon. $55 application fee per adult, $3,500 security deposit, and First Month's rent. Minimum income requirement of $123,000 to qualify (no more than 2 incomes). Multi-year lease is available.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2020
Closed on
Dec 3, 2020
Sold by
Ali Houmam
Bought by
Golly Ali Family Llc
Seller's Agent
Bic DeCaro
EXP Realty, LLC
Buyer's Agent
Jim McCowan
Long & Foster Real Estate, Inc.
List Price
$700,000
Sold Price
$707,500
Premium/Discount to List
$7,500
1.07%
Current Estimated Value
$895,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,745
Avg. Annual Appreciation
5.27%
Original Mortgage
$457,500
Outstanding Balance
$412,644
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$482,601

Purchase Details

Listed on
Oct 23, 2020
Closed on
Nov 20, 2020
Sold by
Haynes Jeffrey F
Bought by
Ali Houmam
Seller's Agent
Bic DeCaro
EXP Realty, LLC
Buyer's Agent
Jim McCowan
Long & Foster Real Estate, Inc.
List Price
$700,000
Sold Price
$707,500
Premium/Discount to List
$7,500
1.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,500
Outstanding Balance
$412,644
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$482,601

Purchase Details

Closed on
Nov 18, 2004
Sold by
Pardipuram Rajan
Bought by
Meehan James and Meehan,Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
5.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 1999
Sold by
Centex Homes
Bought by
Pardipuram Rajan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,600
Interest Rate
6.83%
Source: Public Records

Range of Values:

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ICE

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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
Golly Ali Family Llc -- None Available
Golly Ali Family Llc -- None Available
Ali Houmam $707,500 Rgs Title Llc
Meehan James $524,888 --
Pardipuram Rajan $257,020 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ali Houmam $457,500
Previous Owner Haynes Jeffrey F $75,000
Previous Owner Meehan James $375,000
Previous Owner Pardipuram Rajan $205,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2023 04/05/23 Rented $3,500 0.0% --
04/04/2023 04/04/23 Under Contract -- -- --
04/03/2023 04/03/23 For Rent $3,500 +11.1% --
02/02/2021 02/02/21 Rented $3,150 -6.0% --
01/29/2021 01/29/21 For Rent $3,350 0.0% --
01/27/2021 01/27/21 Under Contract -- -- --
01/11/2021 01/11/21 For Rent $3,350 0.0% --
01/11/2021 01/11/21 Off Market $3,350 -- --
11/22/2020 11/22/20 For Rent $3,350 0.0% --
11/20/2020 11/20/20 Sold $707,500 +1.1% $367 / Sq Ft
10/23/2020 10/23/20 For Sale $700,000 -- $363 / Sq Ft

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 $8,748 $755,080 $245,000 $510,080
2023 $8,291 $734,700 $245,000 $489,700
2022 $7,760 $678,630 $225,000 $453,630
2021 $7,490 $638,240 $210,000 $428,240
2020 $7,516 $635,080 $210,000 $425,080
2019 $7,291 $616,080 $191,000 $425,080
2018 $6,874 $597,700 $185,000 $412,700
2017 $6,939 $597,700 $185,000 $412,700
2016 $6,831 $589,610 $185,000 $404,610
2015 $6,480 $580,600 $180,000 $400,600
2014 $6,183 $555,280 $175,000 $380,280
Source: Public Records

Agents Affiliated with this Home

  • Jim McCowan

    Seller's Agent in 2023

    Jim McCowan

    Long & Foster

    (703) 395-0166

    1 in this area

    28 Total Sales

    Jim McCowan
    Section Image
  • Michelle Flood

    Buyer's Agent in 2023

    Michelle Flood

    Samson Properties

    14 Total Sales

    Michelle Flood
    Section Image
  • Bic DeCaro

    Seller's Agent in 2020

    Bic DeCaro

    EXP Realty, LLC

    (703) 395-3662

    4 in this area

    405 Total Sales

    Bic DeCaro
    Section Image
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Map

Virginia Fairfax County Fairfax 22031

2974 Nipper Way, Fairfax, VA

This home is located at 2974 Nipper Way, Fairfax, VA 22031 and is currently estimated at $895,245, approximately $463 per square foot. 2974 Nipper Way 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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