$341,000 - $378,000
RENTED FEB 1, 2025

Elan East Market Condominiums 4480 Market Commons Dr Unit 506 Fairfax, VA 22033

1 Bed
1 Bath
820 Sq Ft
2007 Built

Last Sold January 03, 2025

Last sale price $340,000 $415 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,297/month

Highlights

  • Penthouse
  • Community Pool
  • 90% Forced Air Heating and Cooling System
  • Johnson Middle School Rated A

About This Home

As of February 2025

Spacious 1 bedroom and has a separate area with a murphy bed, wide plank hardwood floors(no carpet), walk-in custom closet, balcony facing quiet woods.Secure building, 1 assigned parking, storage, gym, pool, club room, business center. Steps to Whole Foods, Starbucks, shopping, and more. Near 66 and Fairfax County Pkwy. Metro Shuttle bus.

Last Agent to Rent the Property

Jin Suh

Realty ONE Group Capital Listed on: 01/05/2025

Realty ONE Group Capital

Last Renter's Agent

Jin Suh

Realty ONE Group Capital Listed on: 01/05/2025

Realty ONE Group Capital

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,917

Year Built

  • Built in 2007

Home Design

  • Penthouse

Interior Spaces

  • 820 Sq Ft Home
  • Property has 1 Level
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot
  • 121 Assigned Parking Spaces

Utilities

  • 90% Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Public Septic

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,000
  • 12-Month Min and 24-Month Max Lease Term
  • Available 1/5/25
  • Assessor Parcel Number 0552 24020506

Community Details

Overview

  • Mid-Rise Condominium
  • Elan At East Market Subdivision

Recreation

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,917

Year Built

Built in 2007

Lot Details

0

Rental Info

  • Date Available: 2025-01-05
  • Pets Allowed: No
  • Security Deposit: 2000.00
  • Vacation Rental: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Lease Link U R L: https://apply.link/1gSbgJg
  • Rent Spree Online Application: Yes

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2025-01-05
  • Year Built: 2007
  • Automatically Close On Close Date: Yes
  • Remarks Public: Spacious 1 bedroom and has a separate area with a murphy bed, wide plank hardwood floors(no carpet), walk-in custom closet, balcony facing quiet woods. Secure building, 1 assigned parking, storage, gym, pool, club room, business center. Steps to Whole Foods, Starbucks, shopping, and more. Near 66 and Fairfax County Pkwy. Metro Shuttle bus.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 820
  • Living Area Sq Ft: 820
  • Price Per Sq Ft: 2.44
  • Above Grade Finished Sq Ft: 820
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4480

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Concrete
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 121
  • Garage: No
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Septic, Public Sewer
  • Water Source: Community

Condo/Co-op/Association

  • Senior Community: No

Schools

  • School District: FAIRFAX COUNTY PUBLIC SCHOOLS
  • School District Key: 121138392980
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 043
  • Lot Size Units: Square Feet
  • Zoning: 402

Tax Info

  • Assessor Parcel Number: 0552 24020506
  • Tax Total Finished Sq Ft: 820
  • Close Date: 02/01/2025

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2025
Closed on
Jan 3, 2025
Sold by
Kim Margaret and Sarntinoranont Tana
Bought by
Yi Miso Jin
Seller's Agent
Jin Suh
Realty ONE Group Capital
Buyer's Agent
Jin Suh
Realty ONE Group Capital
Sold Price
$2,000
Views
58
Current Estimated Value
$362,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$360,328
Avg. Annual Appreciation
10.45%

Purchase Details

Listed on
Jun 29, 2018
Closed on
Jun 8, 2018
Sold by
Yi Eric Suk
Bought by
Kim Margaret and Sarntinoranont Tana
Seller's Agent
Valerie Kappler
Long & Foster Real Estate, Inc.
Buyer's Agent
Paul Hunter
Stritt Realty
Sold Price
$1,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.20%
Original Mortgage
$195,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 23, 2014
Closed on
Oct 24, 2014
Sold by
Kollmann Christine A
Bought by
Yi Eric S
Seller's Agent
Frank Holliday
Samson Properties
Buyer's Agent
Frank Holliday
Samson Properties
List Price
$299,999
Sold Price
$280,000
Premium/Discount to List
-$19,999
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.43%
Original Mortgage
$224,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2007
Sold by
East Market Condo Dev Ass
Bought by
Kollmann Christine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,240
Interest Rate
6.3%
Mortgage Type
New Conventional
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
Yi Miso Jin $340,000 Title Resources Guaranty
Yi Miso Jin $340,000 Title Resources Guaranty
Kim Margaret $295,000 First American Title
Yi Eric S $280,000 --
Kollmann Christine A $317,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kim Margaret $195,000
Previous Owner Yi Eric Suk $38,300
Previous Owner Yi Eric S $224,000
Previous Owner Kollmann Christine A $238,965
Previous Owner Kollmann Christine A $254,240
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2025 02/01/25 Rented $2,000 0.0% --
01/20/2025 01/20/25 Under Contract -- -- --
01/05/2025 01/05/25 For Rent $2,000 0.0% --
01/03/2025 01/03/25 Sold $340,000 -8.1% $414 / Sq Ft
12/15/2024 12/15/24 For Sale $369,995 0.0% $451 / Sq Ft
12/14/2024 12/14/24 Pending -- -- --
10/11/2024 10/11/24 For Sale $369,995 0.0% $451 / Sq Ft
08/19/2020 08/19/20 Rented $1,750 0.0% --
08/03/2020 08/03/20 Under Contract -- -- --
07/27/2020 07/27/20 For Rent $1,750 +2.9% --
04/15/2019 04/15/19 Rented $1,700 0.0% --
04/10/2019 04/10/19 Under Contract -- -- --
04/05/2019 04/05/19 Price Changed $1,700 -76.1% $2 / Sq Ft
04/05/2019 04/05/19 For Rent $7,100 +311.6% --
07/16/2018 07/16/18 Rented $1,725 -99.4% --
07/16/2018 07/16/18 Under Contract -- -- --
06/29/2018 06/29/18 Sold $295,000 0.0% $360 / Sq Ft
06/29/2018 06/29/18 For Rent $1,725 0.0% --
05/26/2018 05/26/18 Pending -- -- --
05/12/2018 05/12/18 For Sale $299,000 +6.8% $365 / Sq Ft
10/24/2014 10/24/14 Sold $280,000 -1.8% $341 / Sq Ft
09/23/2014 09/23/14 Pending -- -- --
09/12/2014 09/12/14 Price Changed $285,000 -5.0% $348 / Sq Ft
07/23/2014 07/23/14 For Sale $299,999 -- $366 / 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 $3,917 $338,130 $68,000 $270,130
2023 $3,600 $318,990 $64,000 $254,990
2022 $3,576 $312,740 $63,000 $249,740
2021 $3,462 $295,040 $59,000 $236,040
2020 $3,492 $295,040 $59,000 $236,040
2019 $3,425 $289,410 $58,000 $231,410
2018 $3,108 $270,270 $54,000 $216,270
2017 $3,138 $270,270 $54,000 $216,270
2016 $3,100 $267,590 $54,000 $213,590
2015 $2,986 $267,590 $54,000 $213,590
2014 $2,811 $252,440 $50,000 $202,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAFX2216250

Bright MLS

APN: 0552-24020506