NOT LISTED FOR SALE

7024 Elizabeth Dr McLean, VA 22101

Estimated Value: $2,984,086 - $4,109,000

6 Beds
8 Baths
5,645 Sq Ft
$649/Sq Ft Est. Value

Last Sold July 22, 2019

Last sale price $2,443,000 $433 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $23,460/month

75 Days on Market

Highlights

  • Newly Remodeled
  • Craftsman Architecture
  • Loft
  • Churchill Road Elementary School Rated A
  • Attic
  • 4 Fireplaces

About This Home

As of July 2019

Timeless design and extraordinary craftsmanship is evident in the many unique and thoughtful features found in this 6 bedroom, 6-bath, two- bath Shingle Style home built by Coda Construction. Located in one of McLean s most sought-after neighborhoods Langley High School and walking distance to Churchill Elementary and Cooper Middle Schools, this home has raised the bar for luxury within this price range.The entry level features 4- sand-in-place hardwood floors, as well as a gourmet chef s kitchen, large family style breakfast room, 400 SF family room with 50,000 BTU gas fireplace, dining room and connecting butler s pantry, sun-lit formal living room, powder room, mudroom/pantry and oversized storage room/closet all trimmed with beautiful custom millwork. The second floor, complete with hardwood floors in all living spaces, features the master suite with spacious his/her closets, and sumptuous bathroom/spa combination. The three, large adjoining bedrooms each have their own windowed bathrooms and smartly designed closets spaces. In addition, there is a secondary family room/homework area which is perfect for bookshelves, study desks, or flat screen TV.The top floor boasts a 800 SF bedroom/bathroom/loft combination. This space will be the envy of any teenager. The lower level is completely finished with recreation/TV room, adjacent billiards/game room, fully working bar with cherry bar top, and walk-in refrigerated wine room, oversized exercise room, and 6th bedroom and full bath. The documents section contains a fully detailed list of the many, many above standard options including generator, steam shower, irrigation system, and on and on.

Last Agent to Sell the Property

Edwin Jorae

TTR Sothebys International Realty Listed on: 03/23/2019

TTR Sothebys International Realty

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,250

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • 0.35 Acre Lot
  • Back Yard Fenced
  • Sprinkler System
  • Property is zoned 130

Parking

  • Driveway

Home Design

  • Craftsman Architecture
  • Asphalt Roof

Interior Spaces

  • Property has 3 Levels
  • 4 Fireplaces
  • Mud Room
  • Family Room
  • Living Room
  • Dining Room
  • Library
  • Loft
  • Game Room
  • Storage Room
  • Laundry Room
  • Home Gym
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Breakfast Room
  • Butlers Pantry
  • Six Burner Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Outdoor Features

  • Screened Patio
  • Outdoor Storage
  • Porch

Schools

  • Churchill Road Elementary School
  • Cooper Middle School
  • Langley High School

Utilities

  • 90% Forced Air Heating and Cooling System
  • Humidifier
  • Vented Exhaust Fan
  • High-Efficiency Water Heater
  • Natural Gas Water Heater
  • Grinder Pump

Community Details

  • No Home Owners Association
  • Built by CODA CONSTRUCTION
  • Hansborough Subdivision

Listing and Financial Details

  • Tax Lot 38
  • Assessor Parcel Number 0301 05 0038

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,250

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Craftsman
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: Yes
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Expected On Market: 2019-03-23
  • Year Built: 2016
  • Remarks Public: Timeless design and extraordinary craftsmanship is evident in the many unique and thoughtful features found in this 6 bedroom, 6-bath, two- bath Shingle Style home built by Coda Construction. Located in one of McLean s most sought-after neighborhoods Langley High School and walking distance to Churchill Elementary and Cooper Middle Schools, this home has raised the bar for luxury within this price range.The entry level features 4- sand-in-place hardwood floors, as well as a gourmet chef s kitchen, large family style breakfast room, 400 SF family room with 50,000 BTU gas fireplace, dining room and connecting butler s pantry, sun-lit formal living room, powder room, mudroom/pantry and oversized storage room/closet all trimmed with beautiful custom millwork. The second floor, complete with hardwood floors in all living spaces, features the master suite with spacious his/her closets, and sumptuous bathroom/spa combination. The three, large adjoining bedrooms each have their own windowed bathrooms and smartly designed closets spaces. In addition, there is a secondary family room/homework area which is perfect for bookshelves, study desks, or flat screen TV.The top floor boasts a 800 SF bedroom/bathroom/loft combination. This space will be the envy of any teenager. The lower level is completely finished with recreation/TV room, adjacent billiards/game room, fully working bar with cherry bar top, and walk-in refrigerated wine room, oversized exercise room, and 6th bedroom and full bath. The documents section contains a fully detailed list of the many, many above standard options including generator, steam shower, irrigation system, and on and on.
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Humidifier, Microwave, Refrigerator, Six Burner Stove, Water Heater - High-Efficiency
  • Interior Amenities: Attic, Breakfast Area, Butlers Pantry, Kitchen - Island
  • Fireplaces Count: 4
  • Fireplace: Yes
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Game Room, Family Room, Library, Breakfast Room, Exercise Room, Laundry, Loft, Mud Room, Storage Room
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 5915
  • Living Area Sq Ft: 5645
  • Price Per Sq Ft: 459.70
  • Above Grade Finished Sq Ft: 5645
  • Above Grade Unfinished Sq Ft: 270
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7024

Beds/Baths

  • Bedrooms: 6
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 8
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 5
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 4.00
  • Upper Level 2 Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 4
  • Upper Level 2 Full Bathrooms: 1
  • 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: Mixed
  • Construction Completed: No
  • Exterior Features: Secure Storage, Underground Lawn Sprinkler
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Type Of Parking: Driveway

Utilities

  • Refuse: 350.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer, Grinder Pump
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: FAIRFAX COUNTY PUBLIC SCHOOLS
  • Elementary School: CHURCHILL ROAD
  • Middle School: COOPER
  • High School: LANGLEY
  • Middle School Source: Listing Agent
  • School District Key: 121138392980
  • Elementary School: CHURCHILL ROAD
  • High School: LANGLEY
  • Middle Or Junior School: COOPER

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Rear
  • Improvement Assessed Value: 1976260.00
  • Land Assessed Value: 476000.00
  • Land Use Code: 132
  • Lot Size Acres: 0.35
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15030.00
  • Outdoor Living Structures: Screened, Porch(es), Roof
  • Year Assessed: 2018
  • Zoning: 130
  • In City Limits: Yes

Building Info

  • Builder Name: CODA CONSTRUCTION

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 19241502
  • Tax Annual Amount: 30250.00
  • Assessor Parcel Number: 0301 05 0038
  • Tax Lot: 38
  • Tax Page Number: 301
  • Tax Total Finished Sq Ft: 5645
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 07/22/2019

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2019
Closed on
Jul 22, 2019
Sold by
Jorae Edwin and Jorae Nancy
Bought by
Lippman Christopher and Lippman Catherine
Seller's Agent
Edwin Jorae
TTR Sothebys International Realty
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$2,625,000
Sold Price
$2,443,000
Premium/Discount to List
-$182,000
-6.93%
Current Estimated Value
$3,661,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,218,695
Avg. Annual Appreciation
6.86%
Original Mortgage
$1,400,000
Outstanding Balance
$1,210,736
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,450,959

Purchase Details

Closed on
Oct 16, 2015
Sold by
Estate Of Doris M Knight
Bought by
Jorae Edwin and Jorae Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
3.99%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Lippman Christopher $2,443,000 First American Title Ins Co
Jorae Edwin $980,000 Monarch Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lippman Christopher $1,400,000
Previous Owner Jorae Edwin $1,525,000
Previous Owner Jorae Edwin $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2019 07/22/19 Sold $2,443,000 -5.9% $433 / Sq Ft
05/26/2019 05/26/19 Price Changed $2,595,000 -1.1% $460 / Sq Ft
05/01/2019 05/01/19 For Sale $2,625,000 +7.4% $465 / Sq Ft
04/15/2019 04/15/19 Off Market $2,443,000 -- --
03/23/2019 03/23/19 For Sale $2,575,000 -- $456 / 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
2021 $29,512 $2,408,930 $483,000 $1,925,930
2020 $29,281 $2,372,690 $476,000 $1,896,690
2019 $28,648 $2,319,510 $476,000 $1,843,510
2018 $30,255 $2,452,260 $476,000 $1,976,260
2017 $29,423 $2,429,260 $453,000 $1,976,260
2016 $6,145 $484,770 $453,000 $31,770
2015 $5,573 $776,660 $453,000 $323,660
2014 $345 $724,350 $453,000 $271,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAFX999508

Bright MLS

APN: 030-1-05-0038