NOT LISTED FOR SALE

Elan East Market Condominiums 4480 Market Commons Dr Unit 510 Fairfax, VA 22033

Estimated Value: $534,000 - $545,569

2 Beds
2 Baths
1,120 Sq Ft
$535/mo HOA Fee

Last Sold October 17, 2024

Last sale price $525,000 $469 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,828/month

56 Days on Market

Highlights

  • Fitness Center
  • View of Trees or Woods
  • Solid Hardwood Flooring
  • Fairfax High Rated A-
  • Contemporary Architecture
  • Community Pool

About This Home

As of October 2024

Don't miss this one!!!Light and bright CORNER UNIT. (Facing East and South) with lots of natural light! Views of TREES! BALCONY! Hardwood floors throughout. Gas fireplace in living room. Stainless appliances and granite countertops in open kitchen. Primary bath includes a whirl pool soaker tub. INCLUDES A STORAGE UNIT ON THE SAME FLOOR. TWO GARAGE PARKING SPACES! Walk across the street to Whole Foods, restaurants and shops. Condo fee includes all utilities except electric. Community amenities include outdoor pool, tennis court, exercise room,game room.

Last Agent to Sell the Property

Kathy O'Neal

(703) 898-3565 kathy@kathyoneal.com RE/MAX Executives Listed on: 07/27/2024

RE/MAX Executives

Last Buyer's Agent

Jason Park

(703) 395-8087 jasonpark@kw.com KW United License #666716

KW United

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,517

Year Built

  • Built in 2007

Lot Details

  • 0.39

HOA Fees

  • $535 Monthly HOA Fees

Parking

  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Entry on the 5th floor
  • Brick Exterior Construction

Interior Spaces

  • 1,120 Sq Ft Home
  • Property has 1 Level
  • Fireplace Mantel
  • Gas Fireplace
  • Living Room
  • Solid Hardwood Flooring
  • Views of Woods

Kitchen

  • Gas Oven or Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Central Air
  • Heat Pump System

Additional Features

  • Property is in excellent condition

Listing and Financial Details

  • Assessor Parcel Number 0552 24020510

Community Details

Overview

  • Association fees include gas, lawn care front, lawn care rear, lawn care side, lawn maintenance, pool(s), recreation facility, reserve funds, snow removal, water, common area maintenance, exterior building maintenance
  • Mid-Rise Condominium
  • Elan At East Market Condos
  • Elan At East Market Subdivision
  • Property Manager

Amenities

  • Common Area
  • Elevator

Recreation

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,517

Year Built

Built in 2007

Lot Details

0

HOA Fees

$535 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 2007
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dryer, Disposal, Dishwasher, Icemaker, Oven/Range - Gas, Refrigerator, Washer, Built-In Microwave
  • Entry Floor: 5
  • Flooring Type: Solid Hardwood
  • Fireplace Features: Mantel(s), Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Bathroom 2, Primary Bathroom
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1120
  • Living Area Sq Ft: 1120
  • Price Per Sq Ft: 468.75
  • Above Grade Finished Sq Ft: 1120
  • 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, Below Grade
  • Construction Materials: Brick
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Covered Parking, Garage Door Opener, Underground
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 535.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Elan at East Market
  • HOA Condo Co-Op Amenities: Common Grounds, Exercise Room, Elevator, Pool - Outdoor, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Gas, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Pool(s), Recreation Facility, Reserve Funds, Snow Removal, Water, Common Area Maintenance, Ext Bldg Maint
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Outdoor Living Structures: Balcony
  • Property Condition: Excellent
  • Zoning: 402
  • In City Limits: No

Rental Info

  • Pets: Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 5517.00
  • Assessor Parcel Number: 0552 24020510
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2024
Closed on
Oct 16, 2024
Sold by
Sterritt Christopher L and Sterritt Diane
Bought by
Ho Kim Jung
Seller's Agent
Kathy O'Neal
RE/MAX Executives
Buyer's Agent
Jason Park
KW United
List Price
$599,000
Sold Price
$525,000
Premium/Discount to List
-$74,000
-12.35%
Views
76
Current Estimated Value
$540,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,142
Avg. Annual Appreciation
2.50%

Purchase Details

Closed on
Dec 17, 2007
Sold by
East Market Condo Dev Ass
Bought by
Sterritt Christopher L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,898
Interest Rate
6.3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ho Kim Jung $525,000 First American Title
Ho Kim Jung $525,000 First American Title
Sterritt Christopher L $453,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sterritt Christopher L $407,898
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2024 10/17/24 Sold $525,000 0.0% $469 / Sq Ft
09/19/2024 09/19/24 Price Changed $525,000 -9.5% $469 / Sq Ft
08/23/2024 08/23/24 Price Changed $580,000 -3.2% $518 / Sq Ft
07/27/2024 07/27/24 For Sale $599,000 0.0% $535 / Sq Ft
06/24/2019 06/24/19 Rented $2,000 -4.8% --
06/03/2019 06/03/19 For Rent $2,100 +5.0% --
09/29/2018 09/29/18 Rented $2,000 -4.8% --
09/15/2018 09/15/18 For Rent $2,100 -- --
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 $5,518 $500,090 $100,000 $400,090
2024 $5,518 $476,280 $95,000 $381,280
2023 $4,977 $441,000 $88,000 $353,000
2022 $4,944 $432,350 $86,000 $346,350
2021 $4,698 $400,320 $80,000 $320,320
2020 $4,738 $400,320 $80,000 $320,320
2019 $4,556 $385,000 $77,000 $308,000
2018 $4,301 $374,030 $75,000 $299,030
2017 $4,218 $363,320 $73,000 $290,320
2016 $4,167 $359,720 $72,000 $287,720
2015 $4,014 $359,720 $72,000 $287,720
2014 $4,127 $370,620 $74,000 $296,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAFX2193234

Bright MLS

APN: 0552-24020510