NOT LISTED FOR SALE

525 Chesapeake Dr Great Falls, VA 22066

Estimated Value: $2,234,000 - $3,583,371

7 Beds
9 Baths
12,848 Sq Ft
$226/Sq Ft Est. Value

Last Sold July 09, 2019

Last sale price $1,600,000 $125 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $17,299/month

Highlights

  • Indoor Pool
  • Eat-In Gourmet Kitchen
  • Colonial Architecture
  • Great Falls Elementary School Rated A
  • 5.01 Acre Lot
  • Private Lot

About This Home

As of July 2019

Encompassing the best of Great Falls living, this all-brick custom residence offers generous spaces and tranquil privacy amidst a landscape of lush greenery. The 12,000+ square foot home is positioned at the end of a winding driveway and counts 7 bedrooms and 7 full baths among its many impressive living spaces. An elegantly appointed 2-story reception foyer sets the stage for the traditional yet sprawling main level. Formal living and dining rooms flank the foyer, each with tall windows streaming natural light. A richly paneled library with wet bar alcove and fireplace overlooks the front lawns, and is offset by a corner sunroom office that opens to the pool deck in the rear. The large gourmet kitchen has surrounding cherry hardwood cabinets, new quartz countertops, a desk workstation, and stainless-steel appliances. Beyond the large center island with breakfast bar and two sinks is an informal dining area before a bay of windows. The adjoining spacious family room features a brick fireplace, recessed wet bar, two sets of French doors that open to the rear patio and pool deck, and a built-in media center.From the grand upper foyer, double doors open to an expansive master bedroom suite, complete with beautiful bay window and a ceiling fan. A private corridor, with walk-in closets on either side, leads to the dressing area with newly installed double vanities, and sitting room beyond. The master bath includes a soaking tub and separate oversized shower.Three additional bedrooms, each with updated bath and walk-in closet, line the upper hallways. Added conveniences include a rear staircase, large unfinished attic space for storage, and a laundry room.The left wing of the upper level houses a private guest apartment, controlled by its own HVAC system and comprised of two bedrooms, one full bathroom, a living area, kitchen, and dining area. Designed for entertainment, the finished walk-up lower level contains a family recreation room stretching the length of the home with brick fireplace, media center, and game area. This level also offers a club room with pub-style sit-down wet bar, a fitness room, den, full bath, and a large workshop/storage room. The back yard features a stone patio and private, fenced, heated pool with diving board and hot tub. The screened-in cabana pool house has a ceiling fan, half bath and ample storage. A four-car garage, security system, and landscape lighting add further conveniences to this meticulously maintained property.

Last Agent to Sell the Property

Fouad Talout

(703) 459-4144 fouad.talout@gmail.com Long & Foster Real Estate, Inc. License #0225095718 Listed on: 07/04/2018

Long & Foster Real Estate, Inc.

Co-Listed By

Pascale Karam

(703) 472-3749 pascalekaram@gmail.com Long & Foster Real Estate, Inc.

Last Buyer's Agent

Peter Morrow

(703) 759-4560 pgmorrow1@gmail.com RealtyWatch.com

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,533

Year Built

  • Built in 1988

Lot Details

  • 5.01 Acre Lot
  • Private Lot
  • Property is in very good condition
  • Property is zoned 100

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • Property has 3 Levels
  • 4 Fireplaces
  • Dining Area
  • Wood Flooring
  • Home Security System
  • Attic

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Double Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • En-Suite Bathroom

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Connecting Stairway
  • Rear Basement Entry

Pool

  • Indoor Pool
  • Poolside Lot

Schools

  • Langley High School

Utilities

  • Central Heating and Cooling System
  • 60+ Gallon Tank
  • Well
  • Septic Less Than The Number Of Bedrooms

Community Details

  • No Home Owners Association
  • Boundbrook Subdivision, Custom Floorplan

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 8-3-7- -3

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,533

Year Built

Built in 1988

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2018-07-06
  • Federal Flood Zone: No
  • Year Built: 1988
  • Remarks Public: Encompassing the best of Great Falls living, this all-brick custom residence offers generous spaces and tranquil privacy amidst a landscape of lush greenery. The 12,000+ square foot home is positioned at the end of a winding driveway and counts 7 bedrooms and 7 full baths among its many impressive living spaces. An elegantly appointed 2-story reception foyer sets the stage for the traditional yet sprawling main level. Formal living and dining rooms flank the foyer, each with tall windows streaming natural light. A richly paneled library with wet bar alcove and fireplace overlooks the front lawns, and is offset by a corner sunroom office that opens to the pool deck in the rear. The large gourmet kitchen has surrounding cherry hardwood cabinets, new quartz countertops, a desk workstation, and stainless-steel appliances. Beyond the large center island with breakfast bar and two sinks is an informal dining area before a bay of windows. The adjoining spacious family room features a brick fireplace, recessed wet bar, two sets of French doors that open to the rear patio and pool deck, and a built-in media center.From the grand upper foyer, double doors open to an expansive master bedroom suite, complete with beautiful bay window and a ceiling fan. A private corridor, with walk-in closets on either side, leads to the dressing area with newly installed double vanities, and sitting room beyond. The master bath includes a soaking tub and separate oversized shower.Three additional bedrooms, each with updated bath and walk-in closet, line the upper hallways. Added conveniences include a rear staircase, large unfinished attic space for storage, and a laundry room.The left wing of the upper level houses a private guest apartment, controlled by its own HVAC system and comprised of two bedrooms, one full bathroom, a living area, kitchen, and dining area. Designed for entertainment, the finished walk-up lower level contains a family recreation room stretching the length of the home with brick fireplace, media center, and game area. This level also offers a club room with pub-style sit-down wet bar, a fitness room, den, full bath, and a large workshop/storage room. The back yard features a stone patio and private, fenced, heated pool with diving board and hot tub. The screened-in cabana pool house has a ceiling fan, half bath and ample storage. A four-car garage, security system, and landscape lighting add further conveniences to this meticulously maintained property.
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Microwave, Oven - Double, Refrigerator, Washer
  • Interior Amenities: Attic, Kitchen - Island, Dining Area, Kitchen - Eat-In, Breakfast Area, Kitchen - Gourmet, Primary Bath(s), Wood Floors
  • Fireplaces Count: 4
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Rear Entrance, Heated, Partially Finished, Walkout Stairs, Full
  • Living Area Units: Square Feet
  • Total Sq Ft: 12848
  • Living Area Sq Ft: 12848
  • Price Per Sq Ft: 216.83
  • Above Grade Finished Sq Ft: 8758
  • Below Grade Finished Sq Ft: 4090
  • Total Below Grade Sq Ft: 4090
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 525

Beds/Baths

  • Bedrooms: 7
  • Total Bathrooms: 9
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 5
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 5.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 5
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Stone
  • Pool Features: Indoor
  • Road Surface Type: Paved
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 4
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank
  • Security: Security System
  • Sewer/Septic System: Septic < # Of Br
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: FAIRFAX COUNTY PUBLIC SCHOOLS
  • High School: LANGLEY
  • School District Key: 121138392980
  • High School: LANGLEY

Lot Info

  • Improvement Assessed Value: 1406920.00
  • Land Assessed Value: 620000.00
  • Lot Features: Private, Poolside
  • Lot Size Acres: 5.01
  • Lot Size Area: 218018
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 218018.00
  • Property Condition: Very Good
  • Year Assessed: 2018
  • Zoning: 100
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 23532.54
  • Assessor Parcel Number: 8-3-7- -3
  • Tax Lot: 3
  • Tax Page Number: 83
  • Tax Total Finished Sq Ft: 8758
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2017
  • Close Date: 07/09/2019

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2018
Closed on
Jul 11, 2019
Sold by
Costa Barry A and Costa Lisa
Bought by
Glogowski Gregg R
Seller's Agent
Fouad Talout
Long & Foster Real Estate, Inc.
Buyer's Agent
Peter Morrow
RealtyWatch.com
List Price
$1,999,999
Sold Price
$1,600,000
Premium/Discount to List
-$399,999
-20%
Current Estimated Value
$2,902,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,302,093
Avg. Annual Appreciation
9.95%
Original Mortgage
$600,000
Outstanding Balance
$526,515
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$2,375,578

Purchase Details

Listed on
Sep 5, 2014
Closed on
Dec 8, 2014
Sold by
Maruca Frank C
Bought by
Costa Barry A
Seller's Agent
Patricia Derwinski
Weichert, REALTORS
Buyer's Agent
Bruce Bolgert
Long & Foster Real Estate, Inc.
List Price
$1,650,000
Sold Price
$1,440,000
Premium/Discount to List
-$210,000
-12.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.33%
Original Mortgage
$1,268,789
Interest Rate
3.98%
Mortgage Type
VA
Source: Public Records

Range of Values:

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Average Value
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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
Glogowski Gregg R $1,600,000 Title One & Escrow Inc
Costa Barry A $1,440,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glogowski Gregg R $600,000
Previous Owner Costa Barry A $1,268,789
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/09/2019 07/09/19 Sold $1,600,000 -15.7% $125 / Sq Ft
05/30/2019 05/30/19 Price Changed $1,899,000 -5.0% $148 / Sq Ft
07/04/2018 07/04/18 For Sale $1,999,999 +38.9% $156 / Sq Ft
12/09/2014 12/09/14 Sold $1,440,000 -12.7% $133 / Sq Ft View Prior Sale
10/09/2014 10/09/14 Pending -- -- --
09/05/2014 09/05/14 For Sale $1,650,000 -- $152 / 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 $22,949 $2,108,320 $865,000 $1,243,320
2024 $22,949 $1,980,940 $808,000 $1,172,940
2023 $21,825 $1,933,940 $784,000 $1,149,940
2022 $20,000 $1,748,980 $713,000 $1,035,980
2021 $19,433 $1,655,980 $620,000 $1,035,980
2020 $19,076 $1,611,830 $620,000 $991,830
2019 $23,989 $2,026,920 $620,000 $1,406,920
2018 $23,310 $2,026,920 $620,000 $1,406,920
2017 $23,533 $2,026,920 $620,000 $1,406,920
2016 $24,505 $2,115,260 $620,000 $1,495,260
2015 $22,481 $2,014,450 $620,000 $1,394,450
2014 $22,431 $2,014,450 $620,000 $1,394,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001946008

Bright MLS

APN: 0083-07-0003