NOT LISTED FOR SALE

Estimated Value: $1,377,000 - $1,490,000

3 Beds
3 Baths
2,622 Sq Ft
$548/Sq Ft Est. Value

Last Sold March 13, 2020

Last sale price $1,110,000 $423 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $8,699/month

About This Home

As of March 2020

Great location! One stoplight to DC, on a lovely quiet cul-de-sac in desirable Rivercrest with multiple
parks, trails, and other community amenities just minutes from your front door. A professionally
landscaped, picturesque, sun-drenched level yard with custom hardscaping and mature trees seen
out every window provide both privacy and beauty... this hilltop location with expansive natural views
is hard to beat and the tastefully updated home is in pristine condition. Monthly rent INCLUDES
landscaping maintenance, gutter cleaning, home security system, and Wi-Fi internet. Property
features a kitchen with all new appliances (LG and Bosch); custom built-in cabinets in the dining
room with designer lighting; 3 bedrooms all with custom California Closets systems plus a fourth
room perfect as an office/gym/hobby room; 3 full bathrooms; a spacious laundry room with utility sink
and ample storage; and a newly-expanded, 13-foot high entrance foyer leading to covered front
entry. Just off the entry foyer on the lower level is a conveniently located and thoughtfully designed
custom mudroom niche featuring concealed coat and key hooks and storage shelves behind cabinet
doors. The formal living room with oversized Pella windows overlooks the tree-lined ridge of Gulf
Branch nature area. Pella French doors allow walk-out access to a deck spanning the back of the
house with Southern exposure. The owner's bedroom suite offers a large shower with dual
showerheads and corner seat, double vanities, a walk-in custom closet, and versatile bonus room
providing options as a sitting room, dressing room, home office, and more. The lower level is just as
light-filled as the main level. The lower level family room offers walk-out access to one of two patios
in a tranquil, private, almost completely fenced-in backyard. The home also includes a large one-car
attached garage and rear storage shed. Bus line at the entrance to your cul-de-sac will take you to
Ballston or East Falls Church Metro Stations. Neighborhood amenities virtually right out your front
door include the wildlife-abundant Gulf Branch Nature Center, Madison Community Center with
neighborhood gym, historic Fort Ethan Allen, Potomac River hiking trail, Madison Dog Park, and
multiple basketball/pickleball/tennis courts, playgrounds, playfields, and walking trails. Located within
bounds of a highly sought-after school triangle.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2020
Closed on
Mar 13, 2020
Sold by
Ginsburg Elliott N and Wrathall Jean R
Bought by
May John and May Michael
Seller's Agent
Karen Close
CENTURY 21 New Millennium
Buyer's Agent
Anthony Lam
Redfin Corporation
List Price
$995,000
Sold Price
$1,110,000
Premium/Discount to List
$115,000
11.56%
Current Estimated Value
$1,436,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,007
Avg. Annual Appreciation
4.97%
Original Mortgage
$500,000
Outstanding Balance
$446,762
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$983,215
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
May John $1,110,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open May John $500,000
Previous Owner Ginsburg Elliott N $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2021 12/29/21 Rented $4,700 0.0% --
11/30/2021 11/30/21 For Rent $4,700 0.0% --
03/13/2020 03/13/20 Sold $1,110,000 +11.6% $423 / Sq Ft
02/23/2020 02/23/20 Pending -- -- --
02/20/2020 02/20/20 For Sale $995,000 -- $379 / 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 $12,936 $1,252,300 $883,500 $368,800
2023 $12,540 $1,217,500 $883,500 $334,000
2022 $11,716 $1,137,500 $813,500 $324,000
2021 $11,203 $1,087,700 $769,600 $318,100
2020 $10,030 $977,600 $719,600 $258,000
2019 $9,535 $929,300 $700,000 $229,300
2018 $9,150 $909,500 $675,000 $234,500
2017 $8,546 $849,500 $615,000 $234,500
2016 $8,000 $807,300 $570,000 $237,300
2015 $8,014 $804,600 $570,000 $234,600
2014 $7,715 $774,600 $540,000 $234,600
Source: Public Records

Agents Affiliated with this Home

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