NOT LISTED FOR SALE

603 W Broad St Falls Church, VA 22046

Estimated Value: $4,501,470

-- Bed
-- Bath
5,640 Sq Ft
$798/Sq Ft Est. Value

About This Home

This home is located at 603 W Broad St, Falls Church, VA 22046 and is currently estimated at $4,501,470, approximately $798 per square foot. 603 W Broad St is a home located in Falls Church City with nearby schools including Mt. Daniel Elementary School, Mary Ellen Henderson Middle School, and Acton Academy Falls Church.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2023
Sold by
Fc603 Llc
Bought by
Optima Holdings Llc
Current Estimated Value
$4,501,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,700,000
Outstanding Balance
$2,642,736
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$1,858,734

Purchase Details

Closed on
Oct 29, 2021
Sold by
Truist Bank
Bought by
Fc603 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,830,000
Interest Rate
2.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 12, 1978
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Optima Holdings Llc $3,850,000 None Listed On Document
Fc603 Llc $1,950,000 None Available
-- $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Optima Holdings Llc $2,700,000
Previous Owner Fc603 Llc $1,830,000
Source: Public Records

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 $37,930 $3,083,700 $1,345,100 $1,738,600
2024 $37,930 $3,083,700 $1,345,100 $1,738,600
2023 $23,530 $1,913,000 $1,165,700 $747,300
2022 $26,613 $1,471,800 $1,165,700 $306,100
2021 $27,867 $2,016,100 $1,157,300 $858,800
2020 $15,122 $2,100,100 $1,205,500 $894,600
2019 $29,128 $2,058,900 $1,181,900 $877,000
2018 $27,218 $2,018,500 $1,158,700 $859,800
2017 $26,897 $1,969,300 $1,130,400 $838,900
2016 $12,928 $1,912,000 $1,097,500 $814,500
2015 $25,856 $1,874,500 $1,076,000 $798,500
2014 $25,668 $1,874,500 $1,076,000 $798,500
Source: Public Records

Map

Virginia Falls Church County Falls Church 22046

603 W Broad St, Falls Church, VA

Not Listed for Sale

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