Seller's Agent in 2022
Daan De Raedt
Property Collective
(703) 581-7372
4 in this area
645 Total Sales
3321 Elm Terrace Falls Church, VA 22042
Estimated Value: $842,768 - $922,000
3
Beds
2
Baths
1,488
Sq Ft
$596/Sq Ft
Est. Value
Highlights
- Midcentury Modern Architecture
- Wood Flooring
- No HOA
- Backs to Trees or Woods
- 1 Fireplace
- 3-minute walk to Luria Park
About This Home
As of May 2022A rare opportunity to purchase a mid-century modern single family home in the desirable Holmes Run Acres neighborhood. This home has been expertly maintained with impressive attention to detail inside and out. With three bedrooms and two baths, this property is freshly painted throughout and features a bonus room addition just as you walk in. Customize this space to fit your needs whether it be an office to work from home, an additional living space, or an optional fourth bedroom.
Step into the main living space with custom parquet hardwood flooring, beamed wood ceilings, and wood window trim throughout. Relax by a cozy wood burning fireplace, which also features a removable gas-insert, in the sun-filled living room with a floor to ceiling brick wall. The modern, high-end light fixtures and wood accents make the perfect backdrop for your furnishings. The kitchen features a new stainless steel gas oven/range, new dishwasher and new refrigerator. Three generous bedrooms - two with new carpet and an airy primary room with charming built-ins and a gas fireplace unit. Additional upgrades include 2 new skylights, a new washer and dryer, and new hot water heater.
Enter into your private outdoor oasis with a slate patio and flat yard, perfect for hosting guests for a backyard bbq or relaxing after a long day at work. Fully fenced in for your furry pet and tons of mature trees and shrubbery as well as gardening space to explore your green thumb. Driveway and ample street parking available. Incredible location in a respected neighborhood just inside the Beltway. Close to shopping and dining in the Mosaic and City of Falls Church, and minutes to Gallows Rd, 495, 66, and other major commuter routes. Welcome home!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,186
Year Built
- Built in 1952
Lot Details
- 0.32 Acre Lot
- Property is Fully Fenced
- Backs to Trees or Woods
- Front Yard
- Property is zoned 130
Parking
- Driveway
Home Design
- Midcentury Modern Architecture
- Contemporary Architecture
- Slab Foundation
- Tar and Gravel Roof
- Wood Siding
Interior Spaces
- 1,488 Sq Ft Home
- Property has 1 Level
- Built-In Features
- Paneling
- Beamed Ceilings
- Wood Ceilings
- Brick Wall or Ceiling
- Skylights
- 1 Fireplace
- Double Pane Windows
- Wood Frame Window
- Casement Windows
- Sliding Doors
- Combination Dining and Living Room
Kitchen
- Breakfast Area or Nook
- Gas Oven or Range
- Built-In Microwave
- Dishwasher
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Laundry
- Dryer
- Washer
Outdoor Features
- Enclosed Patio or Porch
- Shed
Schools
- Woodburn Elementary School
- Jackson Middle School
- Falls Church High School
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Community Details
- No Home Owners Association
- Holmes Run Acres Subdivision
Listing and Financial Details
- Tax Lot 8
- Assessor Parcel Number 0592 08070008
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 18, 2022
Closed on
May 12, 2022
Sold by
Pierre Meeker Jeffrey
Bought by
Obeirne John P
Seller's Agent
Daan De Raedt
Property Collective
Buyer's Agent
Virginia Rowell
Coldwell Banker Realty
List Price
$725,000
Sold Price
$808,000
Premium/Discount to List
$83,000
11.45%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,692
Avg. Annual Appreciation
2.63%
Original Mortgage
$580,000
Outstanding Balance
$552,795
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$328,093
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Obeirne John P | $808,000 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Obeirne John P | $580,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/16/2022 05/16/22 | Sold | $808,000 | +11.4% | $543 / Sq Ft |
| 04/20/2022 04/20/22 | Pending | -- | -- | -- |
| 04/18/2022 04/18/22 | For Sale | $725,000 | 0.0% | $487 / Sq Ft |
| 04/17/2022 04/17/22 | Price Changed | $725,000 | -- | $487 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $9,041 | $720,680 | $317,000 | $403,680 |
| 2023 | $8,376 | $691,460 | $307,000 | $384,460 |
| 2022 | $6,931 | $606,110 | $287,000 | $319,110 |
| 2021 | $7,249 | $577,730 | $287,000 | $290,730 |
| 2020 | $6,662 | $526,300 | $262,000 | $264,300 |
| 2019 | $6,665 | $525,300 | $261,000 | $264,300 |
| 2018 | $5,926 | $515,300 | $251,000 | $264,300 |
| 2017 | $6,193 | $498,130 | $244,000 | $254,130 |
| 2016 | $5,865 | $470,360 | $226,000 | $244,360 |
| 2015 | $5,565 | $461,570 | $222,000 | $239,570 |
| 2014 | $5,554 | $461,570 | $222,000 | $239,570 |
Source: Public Records
Agents Affiliated with this Home
-
Daan De Raedt
-
Virginia Rowell
Buyer's Agent in 2022
Virginia Rowell
Coldwell Banker (NRT-Southeast-MidAtlantic)
(703) 629-4168
1 in this area
69 Total Sales
Map
Source: Bright MLS
MLS Number: VAFX2058000
APN: 0592-08070008
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