NOT LISTED FOR SALE

5981 Colchester Rd Fairfax, VA 22030

Estimated Value: $1,010,000 - $2,474,000

1.24 Acres
$1,288,777 Price per Acre
54,014 Sq Ft Lot

Last Sold July 27, 2022

Last sale price $625,000

Est. 156% increase in value since last sale

Current estimated payment $9,887/month

9 Days on Market

About This Lot

As of July 2022

Flat buildable land over an acre is hard to come by in Fairfax county- but here it is! -- I have 1.24 acres of buildable land for your to build your dream home, next to huge, million dollar homes in the quaint Colchester Acres neighborhood.
Minutes from old town Clifton, the Fairfax county parkway and major routes. No streams, flat lot, No hoa, and big enough for a pool and huge home and possibly more—bring your plans and start building, or review ours and we can build for you. Saund builders drawings entail: 3 level home, 4 car garage and walkout basement. Upper level: 5 bedrooms & 5 full baths, Main level: 1 bedroom with full bath and 2 powder rooms, 2 story family room & fireplace , Chefs kitchen with pantry and wifi enabled appliances, mud room, dining room, formal living room. Upper upper level (attic): huge open loft and full bathroom. Lower level: 2 full bathrooms, rec room & more. Elevator to all 4 levels. High ceilings, crown and chair moldings and possibly a smart home, can be prewired for alarms and security and your virtual assistant with surround sound. Preliminary grading plans have been submitted to Fairfax county, just awaiting approval before drawings can be submitted.

Last Agent to Sell the Property

Kinder Saund

Kinder-Realty License #0225041518 Listed on: 06/08/2022

Last Buyer's Agent

Wayne Pumphrey

Keller Williams Realty

Keller Williams Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,328

Lot Details

  • 1.24 Acre Lot
  • Property is zoned 030

Utilities

  • Grinder Pump

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 0664 06 0002D

Property Details

Property Type

Land

Est. Annual Taxes

$5,328

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Vacant
  • Automatically Close On Close Date: No
  • Remarks Public: Flat buildable land over an acre is hard to come by in Fairfax county- but here it is! -- I have 1.24 acres of buildable land for your to build your dream home, next to huge, million dollar homes in the quaint Colchester Acres neighborhood. Minutes from old town Clifton, the Fairfax county parkway and major routes. No streams, flat lot, No hoa, and big enough for a pool and huge home and possibly more—bring your plans and start building, or review ours and we can build for you. Saund builders drawings entail: 3 level home, 4 car garage and walkout basement. Upper level: 5 bedrooms & 5 full baths, Main level: 1 bedroom with full bath and 2 powder rooms, 2 story family room & fireplace , Chefs kitchen with pantry and wifi enabled appliances, mud room, dining room, formal living room. Upper upper level (attic): huge open loft and full bathroom. Lower level: 2 full bathrooms, rec room & more. Elevator to all 4 levels. High ceilings, crown and chair moldings and possibly a smart home, can be prewired for alarms and security and your virtual assistant with surround sound. Preliminary grading plans have been submitted to Fairfax county, just awaiting approval before drawings can be submitted.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 12.07
  • Street Number Modifier: 5981

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Grinder Pump

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: FAIRFAX COUNTY PUBLIC SCHOOLS
  • School District Key: 121138392980
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Land Use Code: 971
  • Lot Size Acres: 1.24
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 53840.00
  • Year Assessed: 2022
  • Zoning: 030
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 19340731
  • Tax Annual Amount: 5328.00
  • Assessor Parcel Number: 0664 06 0002D
  • Tax Lot: 2
  • Tax Page Number: 664
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 07/27/2022

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2022
Closed on
Jul 25, 2022
Sold by
Saund Builders Inc
Bought by
Sharma Udit
Seller's Agent
Kinder Saund
Kinder-Realty
Buyer's Agent
Wayne Pumphrey
Keller Williams Realty
List Price
$650,000
Sold Price
$625,000
Premium/Discount to List
-$25,000
-3.85%
Current Estimated Value
$1,598,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$973,084
Avg. Annual Appreciation
35.64%
Original Mortgage
$1,500,000
Outstanding Balance
$1,432,844
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$165,240

Purchase Details

Closed on
Oct 29, 2021
Sold by
Herndon Korean Baptist Church Inc
Bought by
Saund Builders Inc
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
Sharma Udit $625,000 Old Republic National Title
Saund Builders Inc $550,000 Stewart Title Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharma Udit $300,000
Open Sharma Udit $1,500,000
Closed Sharma Udit $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2022 07/27/22 Sold $625,000 -3.8% --
07/25/2022 07/25/22 Price Changed $650,000 0.0% --
07/25/2022 07/25/22 For Sale $650,000 0.0% --
06/10/2022 06/10/22 Price Changed $650,000 -3.7% --
06/08/2022 06/08/22 For Sale $675,000 -- --
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
2024 $14,154 $1,139,000 $489,000 $650,000
2023 $6,477 $489,000 $489,000 $0
2022 $6,150 $454,000 $454,000 $0
2021 $6,158 $443,000 $443,000 $0
2020 $6,202 $443,000 $443,000 $0
2019 $5,220 $360,000 $360,000 $0
2018 $3,945 $343,000 $343,000 $0
2017 $4,755 $327,000 $327,000 $0
2016 $4,747 $327,000 $327,000 $0
2015 $4,463 $314,000 $314,000 $0
2014 $4,455 $314,000 $314,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAFX2075214

Bright MLS

APN: 0664-06-0002D