NOT LISTED FOR SALE

Elan East Market Condominiums 4480 Market Commons Dr Unit 114 Fairfax, VA 22033

Estimated Value: $561,000 - $595,000

2 Beds
2 Baths
1,201 Sq Ft
$437/mo HOA Fee

Last Sold March 22, 2013

Last sale price $385,000 $321 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,966/month

2 Days on Market

Highlights

  • Fitness Center
  • Gourmet Kitchen
  • Colonial Architecture
  • Fairfax High Rated A-
  • Open Floorplan
  • Vaulted Ceiling

About This Home

As of March 2013

OPEN HOUSE CANCELLED Luxury Loft Living! Rare 2BR + den unit. Super high ceilings & gleaming hrdwds throughout. Well appointed gourmet kit w/ granite, bfast bar, & SS appliances. Master suite w/ lux spa bath, Oversized patio, Large LR w gas fireplace, 2 garage spots. Pool, fitness center & free metro shuttle. Walk to Whole Foods & Starbucks!

Last Agent to Sell the Property

Traci Oliver

(703) 505-7614 Traci@TraciOliverTeam.com RE/MAX Gateway, LLC License #0225067014 Listed on: 02/07/2013

RE/MAX Gateway, LLC

Last Buyer's Agent

Susan Mertz

(703) 851-5875 susan@fulcrumpg.com Keller Williams Capital Properties

Keller Williams Capital Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,097

Year Built

  • Built in 2007

Lot Details

  • Property is in very good condition

HOA Fees

  • $437 Monthly HOA Fees

Parking

  • Subterranean Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,201 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace Mantel
  • Window Treatments
  • French Doors
  • Living Room
  • Den
  • Storage Room
  • Wood Flooring

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Gas Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 55-2-24-2-114

Community Details

Overview

  • Association fees include exterior building maintenance, gas, heat, management, insurance, pool(s), road maintenance, sewer, snow removal, trash, water
  • Mid-Rise Condominium
  • Elan At East Market Community
  • Elan At East Market Subdivision
  • The community has rules related to alterations or architectural changes, covenants

Amenities

  • Meeting Room
  • Party Room
  • Elevator

Recreation

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,097

Year Built

Built in 2007

Lot Details

0

HOA Fees

$437 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Colonial, Loft
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2007
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Microwave, Oven/Range - Gas, Refrigerator, Washer
  • Interior Amenities: Kitchen - Gourmet, Breakfast Area, Primary Bath(s), Crown Moldings, Upgraded Countertops, Window Treatments, Wood Floors, Floor Plan - Open
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: French
  • Wall Ceiling Types: 9'+ Ceilings, Vaulted Ceilings
  • Entry Location: 1st Floor
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Kitchen, Den, Study, Laundry, Storage Room, Bedroom 6
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1201
  • Living Area Sq Ft: 1201
  • Price Per Sq Ft: 320.57
  • Above Grade Finished Sq Ft: 1201
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed
  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Features: Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Garage
  • Garage Features: Underground

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 437.17
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Exercise Room, Meeting Room, Party Room, Pool - Outdoor, Security
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Gas, Heat, Management, Insurance, Pool(s), Road Maintenance, Sewer, Snow Removal, Trash, Water
  • HOA Condo Co-Op Rules: Alterations/Architectural Changes, Covenants, Restrictions
  • HOA: No

Lot Info

  • Improvement Assessed Value: 298820.00
  • Land Assessed Value: 75000.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Very Good
  • Zoning: 402

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4097.07
  • Assessor Parcel Number: 55-2-24-2-114
  • Tax Page Number: 552
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2013
Closed on
Mar 22, 2013
Sold by
Irish Justin T
Bought by
Boudreaux Donald J
Seller's Agent
Traci Oliver
RE/MAX Gateway, LLC
Buyer's Agent
Susan Mertz
Keller Williams Capital Properties
List Price
$385,000
Sold Price
$385,000
Current Estimated Value
$575,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,459
Avg. Annual Appreciation
3.22%
Original Mortgage
$346,500
Outstanding Balance
$244,848
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$330,611

Purchase Details

Closed on
Apr 10, 2009
Sold by
East Market Condo Dev Ass
Bought by
Simpson Charlee D and Irish,Justin T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,001
Interest Rate
4.94%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Boudreaux Donald J $385,000 --
Simpson Charlee D $385,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boudreaux Donald J $346,500
Previous Owner Simpson Charlee D $378,001
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2013 03/22/13 Sold $385,000 0.0% $321 / Sq Ft
02/09/2013 02/09/13 Pending -- -- --
02/07/2013 02/07/13 For Sale $385,000 -- $321 / 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
2025 $6,127 $555,290 $111,000 $444,290
2024 $6,127 $528,850 $106,000 $422,850
2023 $5,526 $489,680 $98,000 $391,680
2022 $5,490 $480,080 $96,000 $384,080
2021 $5,216 $444,520 $89,000 $355,520
2020 $5,261 $444,520 $89,000 $355,520
2019 $5,063 $427,810 $85,000 $342,810
2018 $4,782 $415,830 $83,000 $332,830
2017 $4,692 $404,140 $81,000 $323,140
2016 $4,636 $400,140 $80,000 $320,140
2015 $4,466 $400,140 $80,000 $320,140
2014 $4,456 $400,140 $80,000 $320,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003338656

Bright MLS

APN: 0552-24020114