NOT LISTED FOR SALE

501 Lost Acre Ln Great Falls, VA 22066

Estimated Value: $1,181,000 - $1,560,000

4 Beds
2.5 Baths
3,142 Sq Ft
$462/Sq Ft Est. Value

Sale Details

Date Sold: April 29, 2022

Last sale price $1,297,000 $413 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $8,944 / mo

5 Days on Market

Highlights

  • 5 Acre Lot
  • Recreation Room
  • Wood Flooring
  • Great Falls Elementary School Rated A
  • Dutch Architecture
  • 2 Fireplaces

About This Home

As of April 2022

Traditional Dutch Colonial home nestled on 5 beautiful acres with mature trees. Featuring 4 bedrooms and 2 1/2 bath this home includes hardwood floors in the formal living room and dining . The large library also boasts hardwood floors and has built-in bookcases. The Family room located off the eat-in Kitchen has a wood burning stove. On the upper level, the Owner’s suite has generously sized walk-in closet and 3 additional large bedrooms all with hardwood floors and 2 large closets . Outdoors sit on the brick patio and enjoy the bucolic woodland views. Being sold "as is" but the house is VERY livable condition and has been well maintained

Last Agent to Sell the Property

Dianne Van Volkenburg

(703) 828-1778 holly@compass.com Compass License #0225070092 Listed on: 03/08/2022

Compass

Last Buyer's Agent

Shawn Liu

(703) 679-7968 shawn_liu@msn.com W Realty & Services, Inc. License #0225249582

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,124

Year Built

  • Built in 1975

Lot Details

  • 5 Acre Lot
  • Property is zoned 100

Parking

  • 2 Car Attached Garage
  • Side Facing Garage

Home Design

  • Dutch Architecture
  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,142 Sq Ft Home
  • Property has 3 Levels
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Flue
  • Brick Fireplace
  • Sliding Doors
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Library
  • Recreation Room
  • Finished Basement
  • Walk-Out Basement

Flooring

  • Wood
  • Carpet
  • Slate Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Patio

Schools

  • Great Falls Elementary School
  • Cooper Middle School
  • Langley High School

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Electric Water Heater
  • Septic Equal To The Number Of Bedrooms

Community Details

  • No Home Owners Association
  • Old Dominion Estates Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 0033 05 0001

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,124

Year Built

Built in 1975

Lot Details

5 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Dutch
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-03-08
  • Year Built: 1975
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood, Carpet, Slate
  • Interior Amenities: Built-Ins, Carpet, Ceiling Fan(s), Crown Moldings, Dining Area, Family Room Off Kitchen, Formal/Separate Dining Room, Pantry, Recessed Lighting, Tub Shower, Walk-In Closet(s), Wood Floors
  • Fireplace Features: Brick, Wood, Flue For Stove
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Library, Foyer, Laundry, Recreation Room
  • Basement: Yes
  • Basement Type: Fully Finished, Walkout Stairs
  • Laundry Type: Upper Floor
  • Total Sq Ft: 3142
  • Living Area Sq Ft: 3142
  • Price Per Sq Ft: 397.84
  • Above Grade Finished Sq Ft: 3142
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Vinyl Siding
  • Roof: Composite
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic = # Of Br
  • Water Source: Well

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: GREAT FALLS
  • High School: LANGLEY
  • Middle Or Junior School: COOPER

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 320190.00
  • Land Assessed Value: 713000.00
  • Lot Size Acres: 5.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 217800.00
  • Outdoor Living Structures: Patio(s)
  • Zoning: 100
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 19195682
  • Tax Annual Amount: 12124.00
  • Assessor Parcel Number: 0033 05 0001
  • Tax Lot: 1
  • Tax Page Number: 33
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2022
Closed on
Apr 25, 2022
Sold by
Bought by
Seller's Agent
Dianne Van Volkenburg
Compass
Buyer's Agent
Shawn Liu
W Realty & Services, Inc.
List Price
$1,250,000
Sold Price
$1,297,000
Premium/Discount to List
$47,000
3.76%
Current Estimated Value
$1,452,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,940
Avg. Annual Appreciation
2.75%
Original Mortgage
$1,037,600
Outstanding Balance
$972,036
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$480,904

Purchase Details

Closed on
Mar 27, 1974
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,297,000 Republic Title
$32,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,037,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/29/2022 04/29/22 Sold $1,297,000 +3.8% $413 / Sq Ft
03/14/2022 03/14/22 Pending -- -- --
03/08/2022 03/08/22 For Sale $1,250,000 -- $398 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $13,707 $1,238,720 $834,000 $404,720
2024 $13,707 $1,183,150 $794,000 $389,150
2023 $12,874 $1,140,820 $763,000 $377,820
2022 $11,815 $1,033,190 $713,000 $320,190
2021 $10,692 $911,080 $620,000 $291,080
2020 $10,682 $902,600 $620,000 $282,600
2019 $10,585 $894,370 $620,000 $274,370
2018 $10,264 $892,500 $620,000 $272,500
2017 $10,362 $892,500 $620,000 $272,500
2016 $10,642 $918,580 $620,000 $298,580
2015 $10,140 $908,600 $620,000 $288,600
2014 $9,779 $878,260 $597,000 $281,260
Source: Public Records

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Map

Source: Bright MLS

MLS Number: VAFX2053368

Bright MLS

APN: 0033-05-0001

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