NOT LISTED FOR SALE

705 Park Ave Falls Church, VA 22046

Estimated Value: $1,078,000 - $1,414,000

0.23 Acre
$5,339,826 Price per Acre
10,001 Sq Ft Lot

Last Sold June 23, 2015

Last sale price $875,000 $597 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $7,471/month

113 Days on Market

Highlights

  • City View
  • No HOA
  • Porch
  • Mt. Daniel Elementary School Rated A-

About This Lot

As of June 2015

Great lot in Falls Church City. Zoned T-1 for plenty of options. Parking in rear marked for 5 spaces, could be re-designed for more. Existing law firm in operation, please make appointment with lister to see inside. Keep the existing building, renovate or start new. Adjacent property also available for sale.

Last Agent to Sell the Property

Barry Bylund

(703) 378-8810 BarryB@LNF.com Samson Properties Listed on: 11/25/2014

Samson Properties

Last Buyer's Agent

Kristy Moore

(571) 337-2609 kristy@localexpertrealty.com Local Expert Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,143

Lot Details

  • 10,001 Sq Ft Lot
  • The property's topography is sloped
  • Property is zoned T-1

Property Views

  • City Views

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 51-131-024

Community Details

Overview

  • No Home Owners Association
  • Woodland Subdivision

Recreation

  • Porch

Property Details

Property Type

Land

Est. Annual Taxes

$8,143

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Commercial, Office
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: No
  • Price Per Sq Ft: 87.49

Exterior Features

  • Construction Completed: No
  • Exterior Features: Flood Lights
  • Road Surface Type: Access - On Grade
  • View: City, Street
  • 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: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 113900.00
  • Lot Size Acres: 0.23
  • Lot Size Area: 10001
  • Lot Dimensions: LotLength:200 X LotWidth:50
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10001.00
  • Outdoor Living Structures: Porch(es)
  • Possible Use: Office, Residential, Mixed Use
  • Topography: Sloped
  • Zoning: T-1
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16513302
  • Tax Annual Amount: 8143.20
  • Assessor Parcel Number: 51-131-024
  • Tax Lot: 18
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2020
Sold by
Babs Development Llc
Bought by
Sweeney Enterprises Llc
Current Estimated Value
$1,228,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,600
Outstanding Balance
$590,210
Interest Rate
3.1%
Mortgage Type
Commercial
Estimated Equity
$637,950

Purchase Details

Listed on
Nov 25, 2014
Closed on
Jun 23, 2015
Sold by
Tracy Laurence J
Bought by
Bab Development Llc
Seller's Agent
Barry Bylund
Samson Properties
Buyer's Agent
Kristy Moore
Local Expert Realty
List Price
$899,000
Sold Price
$875,000
Premium/Discount to List
-$24,000
-2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.30%
Original Mortgage
$628,000
Interest Rate
3.84%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sweeney Enterprises Llc $832,000 Commonwealth Land Title
Bab Development Llc $785,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sweeney Enterprises Llc $665,600
Previous Owner Bab Development Llc $628,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2015 06/23/15 Sold $875,000 -2.7% $597 / Sq Ft
03/18/2015 03/18/15 Pending -- -- --
11/25/2014 11/25/14 For Sale $899,000 -- $614 / 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
2025 $11,814 $957,200 $630,100 $327,100
2024 $11,814 $960,500 $630,100 $330,400
2023 $9,771 $794,400 $550,100 $246,800
2022 $8,860 $857,300 $550,100 $307,200
2021 $5,620 $671,200 $548,600 $122,600
2020 $15,495 $699,200 $571,500 $127,700
2019 $9,711 $685,500 $560,300 $125,200
2018 $9,074 $672,000 $549,300 $122,700
2017 $8,967 $655,600 $535,900 $119,700
2016 $4,310 $636,500 $520,300 $116,200
2015 $8,620 $624,000 $510,100 $113,900
2014 -- $624,000 $510,100 $113,900
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2015

    Barry Bylund

    Samson Properties

    Section Image
  • Kristy Moore

    Buyer's Agent in 2015

    Kristy Moore

    Local Expert Realty

    (571) 337-2609

    1 in this area

    131 Total Sales

    Kristy Moore
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003267552

Bright MLS

APN: 51-131-024

Virginia Falls Church County Falls Church 22046

705 Park Ave, Falls Church, VA

Not Listed for Sale

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