Seller's Agent in 2024
Kyle Weitzman
CASEY MARGENAU FINE HOMES AND ESTATES INC
(703) 635-5680
1 in this area
24 Total Sales
4700 Olde Forge Ct Fairfax, VA 22032
Estimated Value: $914,000 - $1,025,000
3
Beds
3
Baths
1,649
Sq Ft
$594/Sq Ft
Est. Value
Highlights
- 1.11 Acre Lot
- Rambler Architecture
- 1 Fireplace
- Frost Middle School Rated A
- Backs to Trees or Woods
- No HOA
About This Home
As of August 2024Nestled at the end of a tranquil private cul-de-sac, this extraordinary 1.1-acre lot envelops you in the peaceful embrace of towering trees, offering an exceptional canvas to bring your dream home to life. Just moments away from George Mason University and Downtown Fairfax, it harmoniously combines seclusion with accessibility. This property brims with potential, inviting exploration of subdivision opportunities, subject to thorough lot research and county approval. Moreover, a tenant currently occupies the livable structure on a month-to-month basis, with the possibility of lease extension, granting additional flexibility. Adding to its allure are recent upgrades: the main floor kitchen underwent a transformation in August 2023, boasting new flooring, appliances (including refrigerator and dishwasher), and fresh paint. New washer and dryer units were installed between 2022-2023. The main level features three bedrooms, two full bathrooms, and hardwood flooring throughout. The renovated basement, completed in 2019, offers a cozy living area, one bathroom, and bedrooms. Beyond the confines of the home, the expansive yard adjoins the scenic George Mason Park, providing a serene natural backdrop. This property is not just a home; it's a sanctuary awaiting your personal touch. Sold "as-is," this property invites you to envision the possibilities and seize the opportunity to create your own slice of paradise.
Showing By Appointment Only. Do not access the property without the listing agent. Do not enter any structures on the property. Currently tenant occupied.
Last Agent to Sell the Property
(703) 635-5680 kyle@weitzmanrealestate.com Casey Margenau Fine Homes and Estates LLC License #0225241907 Listed on: 06/05/2024
Co-Listed By
(703) 851-2600 casey@margenau.com Casey Margenau Fine Homes and Estates LLC
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,375
Year Built
- Built in 1953
Lot Details
- 1.11 Acre Lot
- Cul-De-Sac
- Backs to Trees or Woods
- Property is zoned 131, R-3C
Parking
- 1 Car Detached Garage
- Driveway
- On-Street Parking
Home Design
- Rambler Architecture
- Brick Exterior Construction
- Permanent Foundation
Interior Spaces
- 1,649 Sq Ft Home
- Property has 2 Levels
- 1 Fireplace
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
Schools
- Olde Creek Elementary School
- Frost Middle School
- Woodson High School
Farming
- Machine Shed
Utilities
- Window Unit Cooling System
- Hot Water Heating System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Olde Forge Subdivision
Listing and Financial Details
- Tax Lot 15
- Assessor Parcel Number 0691 06 0015
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 5, 2024
Closed on
Jul 1, 2024
Sold by
Bwc Holdings Llc
Bought by
Hwang Joshua Wonsuk and Hwang Anna Hyejung
Seller's Agent
Kyle Weitzman
Casey Margenau Fine Homes and Estates LLC
Buyer's Agent
Jin Suh
Realty ONE Group Capital
List Price
$1,000,000
Sold Price
$1,010,000
Premium/Discount to List
$10,000
1%
Views
73
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$67,239
Avg. Annual Appreciation
-2.11%
Original Mortgage
$450,000
Outstanding Balance
$444,500
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$534,278
Purchase Details
Closed on
Dec 21, 2011
Sold by
Jerman Claude M
Bought by
Bwc Holdings Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hwang Joshua Wonsuk | $1,010,000 | Quantum Title | |
| Hwang Joshua Wonsuk | $1,010,000 | Quantum Title | |
| Bwc Holdings Llc | $450,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hwang Joshua Wonsuk | $450,000 | |
| Closed | Hwang Joshua Wonsuk | $450,000 | |
| Previous Owner | Bwc Holdings Llc | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/01/2024 08/01/24 | Sold | $1,010,000 | +1.0% | $612 / Sq Ft |
| 06/19/2024 06/19/24 | Pending | -- | -- | -- |
| 06/05/2024 06/05/24 | For Sale | $1,000,000 | -- | $606 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $8,376 | $793,380 | $349,000 | $444,380 |
| 2024 | $8,376 | $722,980 | $319,000 | $403,980 |
| 2023 | $7,913 | $701,210 | $309,000 | $392,210 |
| 2022 | $7,536 | $659,010 | $289,000 | $370,010 |
| 2021 | $7,273 | $619,780 | $264,000 | $355,780 |
| 2020 | $6,823 | $576,500 | $244,000 | $332,500 |
| 2019 | $6,616 | $558,980 | $233,000 | $325,980 |
| 2018 | $6,250 | $543,460 | $233,000 | $310,460 |
| 2017 | $6,310 | $543,460 | $233,000 | $310,460 |
| 2016 | $6,158 | $531,520 | $233,000 | $298,520 |
Source: Public Records
Agents Affiliated with this Home
-
Kyle Weitzman
-
Casey Margenau
Seller Co-Listing Agent in 2024
Casey Margenau
CASEY MARGENAU FINE HOMES AND ESTATES INC
(703) 851-2600
1 in this area
105 Total Sales
-
Jin Suh
Buyer's Agent in 2024
Jin Suh
Realty ONE Group Capital
(571) 499-9843
1 in this area
43 Total Sales
Map
Source: Bright MLS
MLS Number: VAFX2184362
APN: 0691-06-0015
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