NOT LISTED FOR SALE

3504 Prosperity Ave Fairfax, VA 22031

Estimated Value: $1,095,000 - $1,226,000

1 Acre
$1,141,476 Price per Acre
43,560 Sq Ft Lot

Last Sold March 27, 2018

Last sale price $530,000 $364 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $7,151/month

71 Days on Market

Highlights

  • View of Trees or Woods
  • 1 Acre Lot
  • No HOA
  • Mantua Elementary School Rated A
  • Backs to Trees or Woods

About This Lot

As of March 2018

Looking for a project? This house has tons of potential! Great location on an acre of land, adj to parkland. Needs complete renovation including mold remediation. Attached carport & a garage in back of the house. Not located in a flood zone -removed from FEMA flood zone map in 2002. THIS IS AN AS-IS SALE ONLY. Use AS-IS clause form. Sentrilock on door in carport. No utilities-show during daylight.

Last Agent to Sell the Property

Katie Loughney

Compass License #SP98362322 Listed on: 12/21/2017

Compass

Last Buyer's Agent

Katie Loughney

Compass License #SP98362322 Listed on: 12/21/2017

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,431

Lot Details

  • 1 Acre Lot
  • East Facing Home
  • The property's topography is level
  • Backs to Trees or Woods
  • Property is zoned 110

Additional Features

  • Views of Woods
  • Well

Community Details

  • No Home Owners Association
  • Pine Ridge Subdivision

Listing and Financial Details

  • Tax Lot 1B
  • Assessor Parcel Number 59-1-5- -1B

Property Details

Property Type

Land

Est. Annual Taxes

$7,431

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • New Construction: No
  • Remarks Public: Looking for a project? This house has tons of potential! Great location on an acre of land, adj to parkland. Needs complete renovation including mold remediation. Attached carport & a garage in back of the house. Not located in a flood zone -removed from FEMA flood zone map in 2002. THIS IS AN AS-IS SALE ONLY. Use AS-IS clause form. Sentrilock on door in carport. No utilities-show during daylight.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: No
  • Price Per Sq Ft: 13.17
  • Street Number Modifier: 3504

Exterior Features

  • View: Trees/Woods
  • View: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: FAIRFAX COUNTY PUBLIC SCHOOLS
  • School District Key: 121138392980

Lot Info

  • Improvement Assessed Value: 298020.00
  • Lot Features: Backs To Trees
  • Lot Size Acres: 1.00
  • Lot Size Area: 43673
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 43673.00
  • Possible Use: Residential
  • Soil Types: Unknown
  • Topography: Level
  • Year Assessed: 2017
  • Zoning: 110

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 7430.63
  • Assessor Parcel Number: 59-1-5- -1B
  • Tax Lot: 1B
  • Tax Page Number: 591
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 03/27/2018

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2019
Sold by
Creative Remodeling Llc
Bought by
Merck Ravi D
Current Estimated Value
$1,141,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$789,670
Interest Rate
4.2%
Mortgage Type
VA

Purchase Details

Listed on
Dec 21, 2017
Closed on
Mar 23, 2018
Sold by
Steigleman Marlin E
Bought by
Creative Remodeling Llc
Seller's Agent
Katie Loughney
Compass
Buyer's Agent
Katie Loughney
Compass
List Price
$599,000
Sold Price
$530,000
Premium/Discount to List
-$69,000
-11.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.89%
Original Mortgage
$500,000
Interest Rate
4.32%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Merck Ravi D $840,000 Title Resources Guaranty Co
Creative Remodeling Llc $530,000 Key Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merck Ravi D $792,442
Closed Merck Ravi D $789,670
Previous Owner Creative Remodeling Llc $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2018 03/27/18 Sold $530,000 0.0% $364 / Sq Ft
03/26/2018 03/26/18 Sold $530,000 -7.8% $186 / Sq Ft
03/02/2018 03/02/18 Pending -- -- --
03/02/2018 03/02/18 Pending -- -- --
02/15/2018 02/15/18 Price Changed $575,000 0.0% $395 / Sq Ft
02/15/2018 02/15/18 Price Changed $575,000 -4.0% $201 / Sq Ft
02/02/2018 02/02/18 For Sale $599,000 0.0% $411 / Sq Ft
02/02/2018 02/02/18 For Sale $599,000 0.0% $210 / Sq Ft
02/01/2018 02/01/18 Pending -- -- --
02/01/2018 02/01/18 Pending -- -- --
12/28/2017 12/28/17 Price Changed $599,000 0.0% $411 / Sq Ft
12/28/2017 12/28/17 Price Changed $599,000 -6.3% $210 / Sq Ft
12/21/2017 12/21/17 For Sale $639,000 0.0% $439 / Sq Ft
12/04/2017 12/04/17 For Sale $639,000 -- $224 / 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 $11,166 $963,860 $467,000 $496,860
2023 $10,604 $939,620 $467,000 $472,620
2022 $10,353 $905,350 $442,000 $463,350
2021 $9,487 $808,400 $387,000 $421,400
2020 $9,292 $785,140 $372,000 $413,140
2019 $8,515 $720,410 $352,000 $368,410
2018 $7,360 $640,020 $342,000 $298,020
2017 $7,431 $640,020 $342,000 $298,020
2016 $7,090 $612,020 $314,000 $298,020
2015 $6,830 $612,020 $314,000 $298,020
2014 $6,248 $561,150 $302,000 $259,150
Source: Public Records

Agents Affiliated with this Home

  • Katie Loughney

    Seller's Agent in 2018

    Katie Loughney

    Compass

    (703) 597-9943

    154 Total Sales

    Katie Loughney
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Map

Source: Bright MLS

MLS Number: 1004357503

Bright MLS

APN: 0591-05-0001B

Virginia Fairfax County Fairfax 22031

3504 Prosperity Ave, Fairfax, VA

This home is located at 3504 Prosperity Ave, Fairfax, VA 22031 since 21 December 2017 and is currently estimated at $1,141,476, approximately $783 per square foot. 3504 Prosperity Ave is a home located in Fairfax County with nearby schools including Mantua Elementary School, Frost Middle School, and W. T. Woodson High School.

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