NOT LISTED FOR SALE

4502 Olley Ln Fairfax, VA 22032

Estimated Value: $1,273,000 - $1,338,175

6 Beds
4.5 Baths
5,075 Sq Ft
$257/Sq Ft Est. Value

Last Sold October 20, 2021

Last sale price $1,035,000 $204 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $7,923/month

94 Days on Market

Highlights

  • Eat-In Gourmet Kitchen
  • View of Trees or Woods
  • Dual Staircase
  • Little Run Elementary School Rated A
  • Open Floorplan
  • Deck

About This Home

As of October 2021

Nestled on a quiet private shared drive on a lush.53 acre lot, this stunning 6 bedroom, 4.5 bath custom Tudor style home with over 5,000 square feet of finished living space features four fireplaces, multiple bonus rooms, solid construction, natural materials, clean lines, circular driveway, two side-loading 2-car garages with additional guest parking, and so much more. Fresh neutral paint in all rooms, brand new hardwood flooring throughout the bedroom level, and plush new carpet on the lower level make this spacious home move in ready! ***** Fine craftsmanship begins in the inviting foyer with hand-laid slate tile flooring, twin coat closets, powder room, and immediate access the home office with its hardwood floor and built-in cabinetry. Next, gleaming hardwood flooring and decorative moldings welcome you to the light-filled living room with its gas fireplace and wood mantel and then to the large dining room, which is highlighted by a candelabra and twin sliding glass doors opening to the tiered deck. The open gourmet kitchen, designed for entertaining, will please the family as well as the sophisticated chef with Corian countertops, an abundance of custom cabinetry, decorative backsplash, and high-end stainless steel appliances including a 6 burner gas range, electric oven with warmer drawer, built-in microwave/convection oven, and two refrigerators. A large center island with bar-style seating and a breakfast bar with prep sink provide additional working surfaces. The breakfast area harbors the perfect spot for casual dining and an additional sliding door to the deck. The open concept, step-down family room offers relaxation in front of a wood burning brick fireplace, and the adjoining wet bar area further facilitates entertaining for large groups. Through a fourth sliding door to the deck, you can then descend to the lush and large fenced backyard, perfect for young children and dogs. A convenient small back foyer accesses the kitchen, family room, pass-through laundry room, and back stairs as well as the light-filled two-car attached garage. ***** From the main floor you will ascend either the front or back stairs to where brand new hardwood flooring throughout brings you to six spacious rooms. The generous owner’s suite boasts a sitting area with romantic gas fireplace, large walk-in closet, separate vanity area, and a private bath with a second vanity, sumptuous soaking tub, glass-enclosed shower, and decorative tile. Down the short hall, and perfect for larger families, are two more upstairs bathrooms and three additional light-filled and spacious bedrooms, which are complemented by a large and versatile sunlit playroom. The large lower level recreation room with a fourth fireplace offers space for games, media, and additional entertaining, while a sixth bedroom plus full bath, bonus room, and generous storage room provide versatile space to suit your lifestyle. In addition to the attached 2-car garage, a huge detached 2-car garage with a soaring ceiling and loft will accommodate a recreational vehicle and complete the comfort and luxury of this sensational, one-of-a-kind home. ***** The yard in front of the house, which faces away from Olley Lane, fills with color much of the year - azaleas and other spring flowers and large trees providing shade in the summer and stunning colors in the fall. With endless entertaining options, seamlessly blended indoors and out, this home will provide you a private oasis. Near Long Branch Stream Valley's nature paths and Rutherford Park’s community pool, diverse shopping, dining, entertainment, and recreation are in every direction, including nearby Fairfax City. This exceptional property, a builder’s own home, is constructed with fine craftsmanship and is located in the highly rated Frost Middle School/Woodson High School pyramid. MUST SEE!

Last Agent to Sell the Property

Jennifer Young

(703) 651-5655 jennifer@jyhteam.com Keller Williams Realty Listed on: 06/04/2021

Keller Williams Realty

Last Buyer's Agent

David Brewrink

(703) 282-4868 davebrewrink@realtor.com Pearson Smith Realty, LLC

Pearson Smith Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,431

Year Built

  • Built in 1981

Lot Details

  • 0.53 Acre Lot
  • Back Yard Fenced
  • Landscaped
  • Private Lot
  • Premium Lot
  • Level Lot
  • Partially Wooded Lot
  • Backs to Trees or Woods
  • Property is in excellent condition
  • Property is zoned 120

Parking

  • 4 Garage Spaces | 2 Attached and 2 Detached
  • Parking Storage or Cabinetry
  • Garage Door Opener
  • Circular Driveway

Property Views

  • Woods
  • Garden

Home Design

  • Tudor Architecture
  • Bump-Outs
  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Wet Bar
  • Central Vacuum
  • Dual Staircase
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • 4 Fireplaces
  • Wood Burning Fireplace
  • Fireplace With Glass Doors
  • Fireplace Mantel
  • Brick Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Window Treatments
  • Double Door Entry
  • Sliding Doors
  • Six Panel Doors
  • Family Room Off Kitchen
  • Sitting Room
  • Living Room
  • Formal Dining Room
  • Den
  • Recreation Room
  • Bonus Room
  • Storage Room

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Built-In Oven
  • Gas Oven or Range
  • Built-In Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Slate Flooring
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Front Loading Dryer
  • Front Loading Washer

Finished Basement

  • Connecting Stairway
  • Sump Pump

Home Security

  • Alarm System
  • Storm Doors

Outdoor Features

  • Deck
  • Exterior Lighting
  • Shed
  • Porch

Schools

  • Little Run Elementary School
  • Frost Middle School
  • Woodson High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • 60 Gallon+ Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Little Run Estates Subdivision

Listing and Financial Details

  • Tax Lot 6B
  • Assessor Parcel Number 0692 02 0006B

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,431

Year Built

Built in 1981

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Tudor
  • Ownership: Fee Simple
  • Inclusions: 2 fireplaces are gas, 2 are wood burning. Closet with shelving in garage conveys. Garage refrigerator conveys. Shed conveys as is. Microwave is convection oven. Sump pump. Detached 2-car garage has electric heater and separate electrical system.
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-06-07
  • Year Built: 1981
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Central Vacuum, Dishwasher, Disposal, Exhaust Fan, Extra Refrigerator/Freezer, Icemaker, Oven - Wall, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer - Front Loading, Dryer - Front Loading, Water Heater
  • Flooring Type: Hardwood, Carpet, Ceramic Tile, Slate
  • Interior Amenities: Breakfast Area, Built-Ins, Carpet, Ceiling Fan(s), Central Vacuum, Chair Railings, Crown Moldings, Dining Area, Double/Dual Staircase, Exposed Beams, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Pantry, Primary Bath(s), Recessed Lighting, Skylight(s), Soaking Tub, Stall Shower, Tub Shower, Upgraded Countertops, Walk-In Closet(s), Wet/Dry Bar, Window Treatments, Wood Floors
  • Window Features: Double Pane
  • Fireplace Features: Brick, Fireplace - Glass Doors, Mantel(s), Gas/Propane, Wood
  • Fireplaces Count: 4
  • Fireplace: Yes
  • Door Features: Double Entry, Six Panel, Sliding Glass, Storm
  • Wall Ceiling Types: Vaulted Ceilings
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Den, Foyer, Laundry, Recreation Room, Storage Room, Bedroom 6, Bonus Room, Primary Bathroom, Full Bath, Half Bath
  • Basement: Yes
  • Basement Type: Fully Finished, Connecting Stairway, Sump Pump
  • Laundry Type: Main Floor
  • Total Sq Ft: 5075
  • Living Area Sq Ft: 5075
  • Price Per Sq Ft: 302.39
  • Above Grade Finished Sq Ft: 3965
  • Below Grade Finished Sq Ft: 1110
  • Total Below Grade Sq Ft: 1110
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 6
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Brick, Stucco
  • Exterior Features: Bump-Outs, Exterior Lighting, Sidewalks
  • View: Garden/Lawn, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Parking Features: Circular Driveway
  • Garage Features: Garage Door Opener, Additional Storage Area, Oversized
  • Attached Garage Spaces: 2
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s), Zoned
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Zoned
  • Heating: Yes
  • Hot Water: Natural Gas, 60+ Gallon Tank
  • Security: Electric Alarm, Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: LITTLE RUN
  • High School: WOODSON
  • Middle Or Junior School: FROST

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Fully, Rear
  • Improvement Assessed Value: 803330.00
  • Land Assessed Value: 256000.00
  • Lot Features: Backs To Trees, Landscaping, Level, Partly Wooded, Premium, Private
  • Lot Size Acres: 0.53
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 22990.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Condition: Excellent
  • Zoning: 120
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 19345651
  • Tax Annual Amount: 12431.00
  • Assessor Parcel Number: 0692 02 0006B
  • Tax Lot: 6B
  • Tax Page Number: 692
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2021
Closed on
Oct 18, 2021
Sold by
Gwilym H Jenkins H and Gwilym Ellen J
Bought by
Krause Cory M and Krause Dennis Allison
Seller's Agent
Jennifer Young
Keller Williams Realty
Buyer's Agent
David Brewrink
Pearson Smith Realty, LLC
List Price
$1,249,900
Sold Price
$1,035,000
Premium/Discount to List
-$214,900
-17.19%
Current Estimated Value
$1,304,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,794
Avg. Annual Appreciation
5.77%
Original Mortgage
$828,000
Outstanding Balance
$755,059
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$549,735

Purchase Details

Closed on
Jul 23, 2015
Sold by
Jenkins Gwilym H
Bought by
Jenkins Jr Tr Gwilym H

Purchase Details

Closed on
May 24, 1996
Sold by
Shimp Curtis L
Bought by
Jenkins Tr Jr Swiylm

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,800
Interest Rate
8.01%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Krause Cory M $1,035,000 Consumers First Settlements
Krause Cory M $1,035,000 Consumers First Stlmts Inc
Jenkins Jr Tr Gwilym H -- --
Jenkins Tr Jr Swiylm $476,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krause Cory M $828,000
Closed Krause Cory M $828,000
Previous Owner Jenkins Tr Jr Swiylm $380,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2021 10/20/21 Sold $1,035,000 -13.7% $204 / Sq Ft
09/01/2021 09/01/21 Price Changed $1,198,990 -0.1% $236 / Sq Ft
08/09/2021 08/09/21 Price Changed $1,199,990 0.0% $236 / Sq Ft
08/09/2021 08/09/21 Price Changed $1,200,000 -2.0% $236 / Sq Ft
07/16/2021 07/16/21 Price Changed $1,224,900 -2.0% $241 / Sq Ft
06/16/2021 06/16/21 For Sale $1,249,900 +20.8% $246 / Sq Ft
06/04/2021 06/04/21 Off Market $1,035,000 -- --
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 $12,964 $1,161,920 $291,000 $870,920
2024 $12,964 $1,119,040 $276,000 $843,040
2023 $11,731 $1,039,500 $276,000 $763,500
2022 $11,547 $1,009,770 $276,000 $733,770
2021 $12,431 $1,059,330 $256,000 $803,330
2020 $12,024 $1,015,930 $236,000 $779,930
2019 $11,905 $1,005,930 $226,000 $779,930
2018 $11,223 $975,930 $196,000 $779,930
2017 $11,331 $975,930 $196,000 $779,930
2016 $11,306 $975,930 $196,000 $779,930
2015 $10,891 $975,930 $196,000 $779,930
2014 $10,195 $915,620 $181,000 $734,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAFX1202464

Bright MLS

APN: 0692-02-0006B