NOT LISTED FOR SALE

7048 Arbor Ln McLean, VA 22101

Estimated Value: $1,146,000 - $1,972,000

5 Beds
4 Baths
2,080 Sq Ft
$763/Sq Ft Est. Value

Last Sold May 22, 2017

Last sale price $900,000 $433 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $9,951/month

About This Home

As of May 2017

Huge And Luxurious 5 Bedroom 3.5 Bath Home Surrounded By Nature In River Oaks * Paved Driveway Leading To Attached 2-Car Indoor Garage * Beautiful And Maintained Front Lawn * Traditional Floor Plan * Oversized Living Room And Family Room * Separate/Formal Dining Room * Gourmet Kitchen With Granite And Upgrade Countertops * Spacious Deck At The Back Of The Property * Upgrades Include Dimmers in Most Rooms with Modern Lighting, Window Treatments, and Recessed Lighting *Gleaming Hardwood and Tile Flooring * Carpeted Bedrooms With Dual Closets * Custom Walk-In Closet And Vanity Area In Main Bedroom * Large Basement With Bed, Bath, And Laundry * Separate Washer And Dryer Available * Tub Showers With Upgraded Sink and Vanity * Large Glass Sliding Door * Landscaping Included In Rent * Electric Dog Fence in Rear *

Owner will consider pet(s) on a case by case basis.
Proof of renter’s insurance required.
Minimum monthly income 3 times the tenant’s portion of the monthly rent, acceptable rental history, credit history and criminal history
The landlord is exempt from accepting any source of funds pursuant to Virginia Code Section 36-96.2(I), and therefore does not accept housing vouchers at this property.

Items To Convey For Tenant Use: Big Green Egg Grill, Adirondack Chair With Matching Table, Large Metal Storage Shelves For Utility Room, Snow Blower, Wheelbarrow, Curtain Rods and Curtains On Main Level Windows

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2020
Sold by
Garner George and Garner Samantha
Bought by
Garner George Joseph and George Joseph Garner Trust
Current Estimated Value
$1,586,882

Purchase Details

Listed on
Apr 5, 2017
Closed on
May 17, 2017
Sold by
Pham Ngoc Kim
Bought by
Garner George and Garner Samantha
Seller's Agent
Laurie Mensing
Long & Foster Real Estate, Inc.
Buyer's Agent
Zabrine Watson
Compass
List Price
$900,000
Sold Price
$900,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.36%
Original Mortgage
$636,150
Interest Rate
4.1%
Mortgage Type
New Conventional

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Garner George Joseph -- None Available
Garner George $900,000 North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garner George $765,600
Closed Garner George $636,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2022 10/28/22 Rented $4,600 0.0% --
09/16/2022 09/16/22 Price Changed $4,600 -4.2% $2 / Sq Ft
09/06/2022 09/06/22 Price Changed $4,800 -5.9% $2 / Sq Ft
08/17/2022 08/17/22 Price Changed $5,100 -7.3% $2 / Sq Ft
08/04/2022 08/04/22 For Rent $5,500 0.0% --
05/22/2017 05/22/17 Sold $900,000 0.0% $338 / Sq Ft
04/21/2017 04/21/17 Pending -- -- --
04/05/2017 04/05/17 For Sale $900,000 -- $338 / Sq Ft

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 $12,830 $1,038,910 $746,000 $292,910
2023 $11,404 $947,770 $666,000 $281,770
2022 $11,462 $941,920 $666,000 $275,920
2021 $11,033 $888,670 $641,000 $247,670
2020 $10,854 $868,940 $641,000 $227,940
2019 $11,171 $893,950 $641,000 $252,950
2018 $9,900 $860,880 $616,000 $244,880
2017 $7,339 $1,211,760 $931,000 $280,760
2016 $14,707 $1,215,550 $931,000 $284,550
2015 $13,205 $1,129,040 $854,000 $275,040
2014 $12,184 $1,041,710 $776,000 $265,710
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Shannon Rigney

    Bay Property Mgmt Group Northern Virginia, LLC.

    (703) 869-6590

    Shannon Rigney
    Section Image
  • Laurie Mensing

    Seller's Agent in 2017

    Laurie Mensing

    Long & Foster

    (703) 965-8133

    87 in this area

    280 Total Sales

    Laurie Mensing
    Section Image
  • Zabrine Watson

    Buyer's Agent in 2017

    Zabrine Watson

    Compass

    (571) 748-6293

    116 Total Sales

    Zabrine Watson
    Section Image
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Map

Virginia Fairfax County McLean 22101

7048 Arbor Ln, McLean, VA

Homes for Sale in McLean, VA

This home is located at 7048 Arbor Ln, McLean, VA 22101 and is currently estimated at $1,586,882, approximately $762 per square foot. 7048 Arbor Ln is a home located in Fairfax County with nearby schools including Churchill Road Elementary School, Cooper Middle School, and Langley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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