Seller's Agent in 2021
MaryEllen Rotondo
Compass
(703) 472-5454
9 in this area
50 Total Sales
6908 Park Terrace Dr Alexandria, VA 22307
Belle Haven NeighborhoodEstimated Value: $1,045,000 - $1,323,000
6
Beds
4
Baths
3,648
Sq Ft
$336/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- 2 Fireplaces
- Screened Porch
- Sandburg Middle Rated A-
- No HOA
- Hobby Room
About This Home
As of May 20216908 Park Terrace is a beautifully updated, center-hall colonial which is located in south Alexandria. This turnkey home sits on a third of an acre and has views of the Potomac River. The house has been carefully updated with all the creature comforts that today’s buyers are seeking. The home offers five + bedrooms, four full baths, beautiful formal rooms, casual family spaces, a fully-finished basement, and a screened-in porch that overlooks a large, flat backyard graced by mature trees and seasonal blooms. There is something special for everyone in this home – flexible spaces for living, working, learning and playing together and quiet spaces for getting away from it all. The upper level offers an en-suite primary bedroom, a hall bath and three generously-sized secondary bedrooms. The main-level bedroom suite can be used as dedicated office, library, study lounge or guest suite. The recently renovated lower level has a spacious family/media room, laundry center, walk-in storage room, large bedroom/office, full bathroom, private entrance and plumbing for a kitchenette/wet bar. The screened-in porch has a new tile floor and remote-controlled, motorized Hunter Douglas shades. The lot has been recently professionally landscaped with lush plantings and seasonal blooms. New hardscape walkway and entryway stairs were added in the front and a patio/sport court was added in the fenced-in back yard. Potomac River views add to the intrigue and charm of this home. Updates include new Anderson windows (2020), new hot water heater (2013), new HVAC (2013), new second HVAC and zone (2013), new venting/ductwork (2013). New marble hearth surround (2013), updated bathrooms (2013), and updated kitchen (2019). The house has just been refreshed with new paint (exterior paint 2020/interior paint 2021) newly refinished hardwood floors, and new light fixtures. This lovely turnkey property is ready to be enjoyed by a new owner! Open Houses are scheduled for Saturday, April 24 2-4 pm and Sunday, April 25, 2-4 pm.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,914
Year Built
- Built in 1968
Lot Details
- 0.29 Acre Lot
- Property is zoned 130
Parking
- 2 Car Attached Garage
- Parking Storage or Cabinetry
- Front Facing Garage
- Garage Door Opener
- Driveway
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Wood Siding
Interior Spaces
- Property has 3 Levels
- 2 Fireplaces
- Family Room
- Living Room
- Dining Room
- Den
- Hobby Room
- Screened Porch
- Storage Room
- Laundry Room
- Utility Room
Bedrooms and Bathrooms
- En-Suite Primary Bedroom
Finished Basement
- Walk-Up Access
- Connecting Stairway
- Interior and Exterior Basement Entry
- Sump Pump
- Shelving
- Basement Windows
Utilities
- Forced Air Heating and Cooling System
- Cooling System Utilizes Natural Gas
- Natural Gas Water Heater
- Public Septic
Community Details
- No Home Owners Association
- Westgrove Subdivision
Listing and Financial Details
- Tax Lot 4
- Assessor Parcel Number 0932 05020004
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 23, 2021
Closed on
May 20, 2021
Sold by
Mcmahon Aris J and Mcmahon Gibson P
Bought by
Reilly Michael and Norton Theodora
Seller's Agent
MaryEllen Rotondo
Compass
Buyer's Agent
Tim Tassa
Compass
List Price
$979,000
Sold Price
$1,015,000
Premium/Discount to List
$36,000
3.68%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,449
Avg. Annual Appreciation
4.49%
Original Mortgage
$812,000
Outstanding Balance
$738,995
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$486,454
Purchase Details
Closed on
Jun 22, 2007
Sold by
Sengel William R
Bought by
Mcmahon Gibson P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.39%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 |
|---|---|---|---|
| Reilly Michael | $1,015,000 | Title Resources Guaranty Co | |
| Mcmahon Gibson P | $810,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Reilly Michael | $812,000 | |
| Previous Owner | Mcmahon Aris J | $525,000 | |
| Previous Owner | Mcmahon Aris J | $100,000 | |
| Previous Owner | Mcmahon Gibson P | $500,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/20/2021 05/20/21 | Sold | $1,015,000 | +3.7% | $278 / Sq Ft |
| 04/26/2021 04/26/21 | Pending | -- | -- | -- |
| 04/23/2021 04/23/21 | For Sale | $979,000 | -- | $268 / Sq Ft |
Source: Bright MLS
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 | $12,801 | $1,057,050 | $462,000 | $595,050 |
| 2023 | $12,227 | $1,040,050 | $462,000 | $578,050 |
| 2022 | $11,518 | $965,730 | $439,000 | $526,730 |
| 2021 | $9,793 | $800,400 | $331,000 | $469,400 |
| 2020 | $9,431 | $765,620 | $321,000 | $444,620 |
| 2019 | $8,914 | $720,670 | $289,000 | $431,670 |
| 2018 | $8,733 | $759,410 | $289,000 | $470,410 |
| 2017 | $9,069 | $751,410 | $281,000 | $470,410 |
| 2016 | $9,016 | $748,490 | $281,000 | $467,490 |
| 2015 | $8,698 | $748,490 | $281,000 | $467,490 |
| 2014 | $8,679 | $748,490 | $281,000 | $467,490 |
Source: Public Records
Agents Affiliated with this Home
-
MaryEllen Rotondo
-
Tim Tassa
Buyer's Agent in 2021
Tim Tassa
Compass
(571) 722-2534
1 in this area
68 Total Sales
-
Rita Tassa
Buyer Co-Listing Agent in 2021
Rita Tassa
Compass
(571) 722-2534
1 in this area
54 Total Sales
Map
Source: Bright MLS
MLS Number: VAFX1194176
APN: 0932-05020004
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