NOT LISTED FOR SALE

7107 Terry Ln Falls Church, VA 22042

Estimated Value: $649,000 - $722,000

3 Beds
2 Baths
884 Sq Ft
$757/Sq Ft Est. Value

Last Sold September 15, 2020

Last sale price $525,000 $594 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,234/month

Highlights

  • 1 Fireplace
  • 1 Attached Carport Space
  • Forced Air Heating and Cooling System
  • No HOA

About This Home

As of September 2020

This home is located at 7107 Terry Ln, Falls Church, VA 22042 since 15 September 2020 and is currently estimated at $669,019, approximately $756 per square foot. This property was built in 1951. 7107 Terry Ln is a home located in Fairfax County with nearby schools including Graham Road Elementary School, Luther Jackson Middle School, and Falls Church High School.

Last Agent to Sell the Property

Trey Grooms

EXP Realty, LLC License #0225062063 Listed on: 09/15/2020

EXP Realty, LLC

Last Buyer's Agent

Severin Kamm

Arlington Realty, Inc. License #0225218831

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,348

Year Built

  • Built in 1951

Lot Details

  • 0.25 Acre Lot
  • Property is zoned 140

Home Design

  • Split Level Home
  • Metal Siding

Interior Spaces

  • 884 Sq Ft Home
  • Property has 3 Levels
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 1 Parking Space
  • 1 Attached Carport Space

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Woodley Subdivision

Listing and Financial Details

  • Tax Lot 36
  • Assessor Parcel Number 0503 05050036

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,348

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1951
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 884
  • Living Area Sq Ft: 884
  • Price Per Sq Ft: 593.89
  • Above Grade Finished Sq Ft: 884
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7107

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Metal Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Carport Spaces: 1
  • Garage: No
  • Attached Carport Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Carport

Utilities

  • Refuse: 385.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: FAIRFAX COUNTY PUBLIC SCHOOLS
  • School District Key: 121138392980
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 220190.00
  • Land Assessed Value: 215000.00
  • Land Use Code: 132
  • Lot Size Acres: 0.25
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10851.00
  • Year Assessed: 2020
  • Zoning: 140
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 19296677
  • Tax Annual Amount: 5348.00
  • Assessor Parcel Number: 0503 05050036
  • Tax Lot: 36
  • Tax Page Number: 503
  • Tax Total Finished Sq Ft: 884
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 09/15/2020

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2020
Closed on
Sep 11, 2020
Sold by
Reta Mario A and Lui Amy
Bought by
Phillips Richard A
Seller's Agent
Trey Grooms
EXP Realty, LLC
Buyer's Agent
Severin Kamm
Arlington Realty, Inc.
List Price
$525,000
Sold Price
$525,000
Current Estimated Value
$669,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,019
Avg. Annual Appreciation
5.01%
Original Mortgage
$23,625
Outstanding Balance
$21,061
Interest Rate
2.9%
Mortgage Type
Stand Alone Second
Estimated Equity
$647,958

Purchase Details

Listed on
Jun 10, 2015
Closed on
Oct 28, 2015
Sold by
Wright Jacqueline Marie W and Nesbit John Daniel
Bought by
Reta Mario A and Lui Amy
Seller's Agent
Joan Sutton
CENTURY 21 New Millennium
Buyer's Agent
Greg Doherty
Coldwell Banker Realty
List Price
$458,000
Sold Price
$440,000
Premium/Discount to List
-$18,000
-3.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.68%
Original Mortgage
$352,000
Interest Rate
3.92%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Phillips Richard A $525,000 Kvs Title Llc
Reta Mario A $440,000 Central Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips Richard A $23,625
Open Phillips Richard A $509,250
Previous Owner Reta Mario A $352,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2020 09/15/20 Sold $525,000 0.0% $594 / Sq Ft
09/15/2020 09/15/20 Pending -- -- --
09/15/2020 09/15/20 For Sale $525,000 0.0% $594 / Sq Ft
08/10/2018 08/10/18 Rented $2,350 0.0% --
08/06/2018 08/06/18 Under Contract -- -- --
07/10/2018 07/10/18 For Rent $2,350 0.0% --
08/24/2017 08/24/17 Rented $2,350 0.0% --
08/23/2017 08/23/17 Under Contract -- -- --
08/22/2017 08/22/17 For Rent $2,350 0.0% --
10/28/2015 10/28/15 Sold $440,000 -1.8% $376 / Sq Ft
09/29/2015 09/29/15 Pending -- -- --
07/09/2015 07/09/15 Price Changed $448,000 -2.2% $383 / Sq Ft
06/10/2015 06/10/15 For Sale $458,000 -- $391 / 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
2024 $7,147 $559,870 $265,000 $294,870
2023 $6,658 $540,830 $260,000 $280,830
2022 $6,512 $522,460 $255,000 $267,460
2021 $5,908 $464,610 $230,000 $234,610
2020 $5,573 $435,190 $215,000 $220,190
2019 $5,349 $415,190 $195,000 $220,190
2018 $4,775 $415,190 $195,000 $220,190
2017 $4,861 $384,700 $175,000 $209,700
2016 $4,742 $374,700 $165,000 $209,700
2015 $4,460 $363,810 $160,000 $203,810
2014 $4,362 $355,970 $160,000 $195,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAFX1155072

Bright MLS

APN: 0503-05050036