NOT LISTED FOR SALE

507 Woodland Terrace Alexandria, VA 22302

North Ridge Neighborhood

Estimated Value: $1,341,537 - $1,717,000

3 Beds
3.5 Baths
2,320 Sq Ft
$649/Sq Ft Est. Value

Last Sold March 30, 2012

Last sale price $915,000 $394 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $9,101/month

Highlights

  • Colonial Architecture
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • 1 Fireplace
  • Eat-In Kitchen
  • 5-minute walk to George Mason Park

About This Home

As of March 2012

House was sold before it went on the market. Entered for a comp only.

Last Agent to Sell the Property

Betty Mallon

(703) 989-8548 bmallon@mcenearney.com Corcoran McEnearney Listed on: 03/01/2012

Corcoran McEnearney

Last Buyer's Agent

Betty Mallon

(703) 989-8548 bmallon@mcenearney.com Corcoran McEnearney Listed on: 03/01/2012

Corcoran McEnearney

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,447

Year Built

  • 1945

Lot Details

  • 6,600 Sq Ft Lot
  • Property is zoned R 8

Parking

  • 1 Car Attached Garage
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Finished Basement
  • Connecting Stairway
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3.5 Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 15940500

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,447

Year Built

1945

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1945

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Connecting Stairway, Fully Finished
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Construction Materials: Combination, Brick
  • Pool: No Pool

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Lot Info

  • Improvement Assessed Value: 435818.00
  • Land Assessed Value: 410595.00
  • Lot Size Acres: 0.15
  • Lot Size Area: 6600
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6600.00
  • Year Assessed: 2011
  • Zoning: R 8
  • In City Limits: Yes

Tax Info

  • Assessor Parcel Number: 18310572
  • Tax Annual Amount: 8447.2
  • Assessor Parcel Number: 15940500
  • Tax Lot: 7
  • Tax Total Finished Sq Ft: 2320

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2012
Closed on
Mar 30, 2012
Sold by
Ruehling Michael J
Bought by
Schultz Robert S
Seller's Agent
Betty Mallon
Corcoran McEnearney
Buyer's Agent
Betty Mallon
Corcoran McEnearney
Sold Price
$915,000
Current Estimated Value
$1,505,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$590,384
Avg. Annual Appreciation
3.76%
Original Mortgage
$615,000
Outstanding Balance
$425,703
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$1,079,681

Purchase Details

Closed on
May 25, 2004
Sold by
Mason Bruce E
Bought by
Ruehling Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
5.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2000
Sold by
Meccarielli Richard E
Bought by
Mason Bruce E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
7.89%

Purchase Details

Closed on
Aug 15, 1995
Sold by
Macconomy Edward N
Bought by
Meccarielli Richard E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.48%
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Schultz Robert S $915,000 --
Ruehling Michael J $795,000 --
Mason Bruce E $560,000 --
Meccarielli Richard E $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schultz Robert S $100,000
Open Schultz Robert S $615,000
Previous Owner Ruehling Michael J $495,000
Previous Owner Mason Bruce E $360,000
Previous Owner Meccarielli Richard E $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2012 03/30/12 Sold $915,000 -- $394 / Sq Ft
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 $13,813 $1,158,085 $628,321 $529,764
2024 $13,813 $1,145,116 $622,101 $523,015
2023 $12,463 $1,122,795 $609,903 $512,892
2022 $12,383 $1,115,588 $603,272 $512,316
2021 $11,016 $992,436 $548,429 $444,007
2020 $11,602 $975,359 $548,429 $426,930
2019 $11,612 $980,503 $548,429 $432,074
2018 $11,015 $949,393 $548,429 $400,964
2017 $10,784 $921,733 $532,455 $389,278
2016 $9,751 $908,717 $484,050 $424,667
2015 $9,147 $877,025 $431,125 $445,900
2014 $9,256 $887,395 $431,125 $456,270
Source: Public Records

Agents Affiliated with this Home

  • Betty Mallon

    Seller's Agent in 2012

    Betty Mallon

    McEnearney Associates

    (703) 989-8548

    5 in this area

    29 Total Sales

    Betty Mallon
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Map

Source: Bright MLS

MLS Number: 1003929948

Bright MLS

APN: 033.02-07-22

Virginia Alexandria County Alexandria 22302 North Ridge

507 Woodland Terrace, Alexandria, VA

This home is located at 507 Woodland Terrace, Alexandria, VA 22302 since 01 March 2012 and is currently estimated at $1,505,384, approximately $648 per square foot. This property was built in 1945. 507 Woodland Terrace is a home located in Alexandria City with nearby schools including George Mason Elementary School, George Washington Middle School, and Alexandria City High School.

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