$542,000 - $569,617
RENTED JUL 31, 2024

4490 Market Commons Dr Unit 701 Fairfax, VA 22033

Fair Lakes Neighborhood
2 Beds
2 Baths
1,138 Sq Ft
$490 Price per Sq Ft

Last Sold October 14, 2020

Last sale price $465,000 $409 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,571/month

About This Home

As of October 2020

OWNER PAYS ALL ALL MONTHLY UTILITES - ELECTRIC; GAS; WATER; PARKING FEES, ETC. THE ONLY UTILITY YOU PAY IS THE CABLE/INTERNET!! Beautifully remodeled luxury condo at the Elan Condo community, East Market. Location is amazing for comutes and shopping. Just minutes to I-66, FFX County Parkway and RT 50 Rt 29. Step right out of the building and across the parking lot to shopping and dining! Right down the street from Fairfax Corners and Fair Oaks Mall. This unit is right around the corner from the elevator; yet you can't hear it. Walk into this condo and you are greeted with a nice size entrance area that leads you around a corner toward a large, open great room with gourmet kitchen with island off to your right. As you walk down the hallway toward the kitchen stop and check out the new oversized stackable Samsung washer and dryer. Then enter into the kitchen and find all new stainless steel appliances with a high end modern backsplash that wraps around the beautiful white quartz counter tops and a huge island that seats four. There is also an oversized sink with plenty of cabinet storage. It's hard to look down, but when you do you will see 7 inch wide grey Bruce oak hardwood floors that complement the entire modern look of this condo. There is incredible light that fills the rooms with its 6ft tall windows that wrap around the entire main living area. Every window is elegantly dressed with neutral sheer window shades. Enter into the master bedroom with a walk in closet and luxury master bath with dual sinks. The entire master bathroom has high end touches from the white quartz counters to the beautiful oversized tile in the large stand up shower with a 1/2 inch glass. When you want to relax, soak in the oversized Jacuzzi tub. On the other side of the main living area is another large bedroom with a walk in closet as well as a linen closet in the hall that leads into another fully updated modern looking bathroom with quartz countertop. This room also boast its own entrance way to the balcony which sits on the 7th floor overlooking the pool and wonderful woodlands beyond. This condo also comes with its own private underground parking spot very close to the elevator! Additional amenities include, 2 level pool, club room, fitness center, business center and tennis court.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2020
Closed on
Oct 10, 2020
Sold by
Makris Yiorgo Dean and Makris Andrea
Bought by
Burneskis John B and Burneskis Sun Ok
Seller's Agent
Sandy Chandler
CENTURY 21 New Millennium
Buyer's Agent
Carlos Cordova Flores
Pearson Smith Realty, LLC
Sold Price
$2,200
Current Estimated Value
$557,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$555,704
Avg. Annual Appreciation
4.06%
Original Mortgage
$315,000
Outstanding Balance
$234,409
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$323,495

Purchase Details

Listed on
Sep 7, 2018
Closed on
Oct 12, 2018
Sold by
Williamson Elizabeth B
Bought by
Makris Yiorgo Dean and Stoddard Andrea
Seller's Agent
Tim Belanger
Long & Foster Real Estate, Inc.
Buyer's Agent
Arslan Jamil
Samson Properties
List Price
$425,000
Sold Price
$422,500
Premium/Discount to List
-$2,500
-0.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.88%

Purchase Details

Closed on
Apr 20, 2010
Sold by
East Market Condo Dev Assocs
Bought by
Williamson Elizabeth B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,850
Interest Rate
5%
Mortgage Type
New Conventional

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
Burneskis John B $465,000 Bay County Title Llc
Makris Yiorgo Dean $422,500 Atd Title Llc
Williamson Elizabeth B $390,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burneskis John B $315,000
Previous Owner Williamson Elizabeth B $305,500
Previous Owner Williamson Elizabeth B $292,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Rented $2,500 0.0% --
07/05/2024 07/05/24 For Rent $2,500 0.0% --
04/21/2024 04/21/24 Off Market $2,500 -- --
04/18/2024 04/18/24 For Rent $2,500 +13.6% --
11/02/2020 11/02/20 Rented $2,200 0.0% --
10/16/2020 10/16/20 For Rent $2,200 0.0% --
10/14/2020 10/14/20 Sold $465,000 -3.1% $409 / Sq Ft
08/29/2020 08/29/20 Pending -- -- --
08/11/2020 08/11/20 For Sale $479,900 +13.6% $422 / Sq Ft
10/12/2018 10/12/18 Sold $422,500 -0.6% $371 / Sq Ft
09/10/2018 09/10/18 Pending -- -- --
09/07/2018 09/07/18 For Sale $425,000 -- $373 / 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 $5,735 $495,020 $99,000 $396,020
2023 $5,172 $458,350 $92,000 $366,350
2022 $5,138 $449,360 $90,000 $359,360
2021 $4,883 $416,070 $83,000 $333,070
2020 $4,690 $396,260 $79,000 $317,260
2019 $4,510 $381,060 $76,000 $305,060
2018 $4,257 $370,170 $74,000 $296,170
2017 $4,174 $359,540 $72,000 $287,540
2016 $4,124 $355,980 $71,000 $284,980
2015 $3,973 $355,980 $71,000 $284,980
2014 $4,084 $366,790 $73,000 $293,790
Source: Public Records

Agents Affiliated with this Home

  • Sandy Chandler

    Seller's Agent in 2024

    Sandy Chandler

    Century 21 New Millennium

    (703) 395-3023

    2 in this area

    91 Total Sales

    Sandy Chandler
    Section Image

  • A

    Buyer's Agent in 2024

    Aruna Minhas

    Pearson Smith Realty, LLC

    (703) 401-8007

    Aruna Minhas
    Section Image
  • Arslan Jamil

    Seller's Agent in 2020

    Arslan Jamil

    Samson Properties

    (571) 242-0301

    2 in this area

    235 Total Sales

    Arslan Jamil
    Section Image
  • Saad Jamil

    Seller Co-Listing Agent in 2020

    Saad Jamil

    Samson Properties

    (703) 508-1860

    1 in this area

    222 Total Sales

    Saad Jamil
    Section Image
  • Carlos Cordova Flores

    Buyer's Agent in 2020

    Carlos Cordova Flores

    Pearson Smith Realty, LLC

    (571) 251-9928

    21 Total Sales

    Carlos Cordova Flores
    Section Image
  • Tim Belanger

    Seller's Agent in 2018

    Tim Belanger

    Long & Foster

    (703) 475-5242

    36 Total Sales

    Tim Belanger
    Section Image
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Map

Virginia Fairfax County Fairfax 22033 Fair Lakes

4490 Market Commons Dr Unit 701, Fairfax, VA

Homes for Sale in Fairfax, VA

This home is located at 4490 Market Commons Dr Unit 701, Fairfax, VA 22033 and is currently estimated at $557,904, approximately $490 per square foot. 4490 Market Commons Dr Unit 701 is a home located in Fairfax County with nearby schools including Greenbriar East Elementary School, Johnson Middle School, and Fairfax High.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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