NOT LISTED FOR SALE

323 N Van Buren St Falls Church, VA 22046

Estimated Value: $1,933,000 - $2,389,000

0.28 Acre
$7,840,036 Price per Acre
12,197 Sq Ft Lot

Last Sold December 07, 2020

Last sale price $915,000

Est. 140% increase in value since last sale

Current estimated payment $13,407/month

About This Lot

As of December 2020

Build the home you've always dreamed of in Falls Church City's coveted Broadmont neighborhood. This is a rare opportunity to buy a lot in such a prime location. Or Cottage Street Custom Homes will work with you to design your personally customized house on this premier .28 acre lot, less than one half mile from Eastbound 66 and East Falls Church Metro and close to Downtown Falls Church . See new custom home available and listed for $1,995,000. Call for details. Contract for lot will be subject to successful subdivision anticipated in October 2020. All taxes to be paid based on City assessment at time of subdivision.

Last Agent to Sell the Property

Will Gaskins

(703) 963-4216 contracts@thegaskinsteam.com KW United License #0225088723 Listed on: 09/27/2020

KW United

Co-Listed By

Andy Biggers

(202) 431-2515 andy@thegaskinsteam.com KW United License #0225088394

Last Buyer's Agent

Will Gaskins

(703) 963-4216 contracts@thegaskinsteam.com KW United License #0225088723 Listed on: 09/27/2020

KW United

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $23,001

Lot Details

  • 0.28 Acre Lot
  • Property is zoned R-1A

Schools

  • Thomas Jefferson Elementary School
  • Mary Ellen Henderson Middle School
  • Meridian High School

Utilities

  • Water Tap or Transfer Fee
  • Municipal Trash
  • Sewer Tap Fee

Community Details

  • No Home Owners Association
  • Broadmont Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$23,001

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • Historic: No
  • New Construction: No
  • Automatically Close On Close Date: No
  • Remarks Public: Build the home you've always dreamed of in Falls Church City's coveted Broadmont neighborhood. This is a rare opportunity to buy a lot in such a prime location. Or Cottage Street Custom Homes will work with you to design your personally customized house on this premier .28 acre lot, less than one half mile from Eastbound 66 and East Falls Church Metro and close to Downtown Falls Church . See new custom home available and listed for $1,995,000. Call for details. Contract for lot will be subject to successful subdivision anticipated in October 2020. All taxes to be paid based on City assessment at time of subdivision.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 80.83
  • Street Number Modifier: 323

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Sewer Tap Fee, Public Sewer
  • Water Source: Tap Fee, Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: FALLS CHURCH CITY PUBLIC SCHOOLS
  • Elementary School: THOMAS JEFFERSON
  • Middle School: MARY ELLEN HENDERSON
  • High School: MERIDIAN
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138397149
  • School District Source: Listing Agent
  • Elementary School: THOMAS JEFFERSON
  • High School: MERIDIAN
  • Middle Or Junior School: MARY ELLEN HENDERSON

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.28
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12372.00
  • Zoning: R-1A
  • Farmland Preservation: No
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: NO TAX RECORD
  • Tax Year: 2020
  • Close Date: 12/07/2020

MLS Schools

  • School District Name: FALLS CHURCH CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2020
Closed on
Dec 7, 2020
Sold by
Cottage Street Custom Homes Llc
Bought by
Higgins Russell Thomas and Higgins Kristin Blomstrom
Seller's Agent
Will Gaskins
KW United
Buyer's Agent
Will Gaskins
KW United
List Price
$1,000,000
Sold Price
$915,000
Premium/Discount to List
-$85,000
-8.5%
Current Estimated Value
$2,195,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,280,210
Avg. Annual Appreciation
19.60%
Original Mortgage
$1,500,000
Outstanding Balance
$640,108
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,555,102
Source: Public Records

Range of Values:

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Average Value
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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
Higgins Russell Thomas $915,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Higgins Russell Thomas $1,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2020 12/07/20 Sold $915,000 -8.5% --
09/27/2020 09/27/20 For Sale $1,000,000 -- --
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
2025 $23,001 $2,038,700 $740,000 $1,298,700
2024 $23,001 $1,870,000 $691,600 $1,178,400
2023 $24,554 $1,996,300 $601,400 $1,394,900
2022 $7,058 $1,627,200 $601,400 $1,025,800
2021 $0 $534,700 $534,700 $0
Source: Public Records

Agents Affiliated with this Home

  • Will Gaskins

    Seller's Agent in 2020

    Will Gaskins

    KW United

    (703) 963-4216

    44 in this area

    229 Total Sales

    Will Gaskins
    Section Image
  • Andy Biggers

    Seller Co-Listing Agent in 2020

    Andy Biggers

    KW United

    (202) 431-2515

    28 in this area

    248 Total Sales

    Andy Biggers
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: VAFA111620

Bright MLS

APN: 53-207-053

Virginia Falls Church County Falls Church 22046

323 N Van Buren St, Falls Church, VA

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