503 Fairfax Ln Herndon, VA 20170
Estimated Value: $705,000 - $792,000
4
Beds
3
Baths
2,006
Sq Ft
$381/Sq Ft
Est. Value
About This Home
This home is located at 503 Fairfax Ln, Herndon, VA 20170 and is currently estimated at $765,023, approximately $381 per square foot. 503 Fairfax Ln is a home located in Fairfax County with nearby schools including Herndon Elementary, Herndon Middle School, and Herndon High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 7, 2012
Sold by
Im Young Dai
Bought by
Jung Sam Kon
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,000
Interest Rate
4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 21, 2004
Sold by
Zech David W
Bought by
Farmer John F and Platt,Jody Rose
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
5.74%
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 |
---|---|---|---|
Jung Sam Kon | $500,000 | -- | |
Farmer John F | $485,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Farmer John F | $292,300 | |
Closed | Platt Jody R | $50,000 | |
Closed | Jung Sam Kon | $353,000 | |
Previous Owner | Farmer John F | $388,000 |
Source: Public Records
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 |
---|---|---|---|---|
2024 | $8,936 | $629,990 | $323,000 | $306,990 |
2023 | $8,236 | $593,180 | $298,000 | $295,180 |
2022 | $7,869 | $558,690 | $268,000 | $290,690 |
2021 | $6,085 | $518,520 | $243,000 | $275,520 |
2020 | $5,745 | $485,400 | $223,000 | $262,400 |
2019 | $5,556 | $469,430 | $223,000 | $246,430 |
2018 | $5,398 | $469,430 | $223,000 | $246,430 |
2017 | $5,065 | $436,220 | $223,000 | $213,220 |
2016 | $5,054 | $436,220 | $223,000 | $213,220 |
2015 | $5,224 | $468,140 | $237,000 | $231,140 |
2014 | $5,151 | $462,630 | $226,000 | $236,630 |
Source: Public Records
Map
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