5462 New London Park Dr Fairfax, VA 22032
Estimated Value: $582,000 - $594,055
2
Beds
4
Baths
1,709
Sq Ft
$345/Sq Ft
Est. Value
About This Home
This home is located at 5462 New London Park Dr, Fairfax, VA 22032 and is currently estimated at $588,764, approximately $344 per square foot. 5462 New London Park Dr is a home located in Fairfax County with nearby schools including Bonnie Brae Elementary School, James W Robinson, Jr. Secondary School, and Fairfax Baptist Temple Academy.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 6, 2020
Sold by
Shinh Ik Chun and Shinh Hyun Bok
Bought by
Shin Jaewon
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
$143,700
Outstanding Balance
$128,672
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$460,092
Purchase Details
Closed on
Sep 30, 2002
Sold by
Tingler Cheryl T
Bought by
Shin Ik C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,800
Interest Rate
6.25%
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 |
---|---|---|---|
Shin Jaewon | $398,000 | Evergreen Title Company | |
Shin Ik C | $246,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Shin Jaewon | $143,700 | |
Previous Owner | Shin Ik C | $262,000 | |
Previous Owner | Shin Ik C | $196,800 |
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 | $5,838 | $503,930 | $165,000 | $338,930 |
2023 | $5,526 | $489,720 | $160,000 | $329,720 |
2022 | $5,150 | $450,370 | $140,000 | $310,370 |
2021 | $5,126 | $436,850 | $135,000 | $301,850 |
2020 | $4,565 | $385,680 | $115,000 | $270,680 |
2019 | $4,541 | $383,710 | $115,000 | $268,710 |
2018 | $4,321 | $375,780 | $110,000 | $265,780 |
2017 | $4,148 | $357,250 | $100,000 | $257,250 |
2016 | $4,050 | $349,550 | $95,000 | $254,550 |
2015 | $3,771 | $337,890 | $90,000 | $247,890 |
2014 | $3,679 | $330,440 | $85,000 | $245,440 |
Source: Public Records
Map
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