NOT LISTED FOR SALE

7116 Galgate Dr Springfield, VA 22152

Estimated Value: $777,000 - $865,000

4 Beds
4 Baths
1,778 Sq Ft
$456/Sq Ft Est. Value

About This Home

This home is located at 7116 Galgate Dr, Springfield, VA 22152 and is currently estimated at $810,343, approximately $455 per square foot. 7116 Galgate Dr is a home located in Fairfax County with nearby schools including Hunt Valley Elementary School, Irving Middle School, and West Springfield High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2003
Sold by
Pack Jung R
Bought by
Tesfamariam Negussie
Current Estimated Value
$810,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Outstanding Balance
$107,920
Interest Rate
6.29%
Mortgage Type
New Conventional
Estimated Equity
$702,423
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Tesfamariam Negussie $360,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tesfamariam Negussie $230,000
Source: Public Records

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 $8,040 $833,180 $275,000 $558,180
2024 $8,040 $693,970 $225,000 $468,970
2023 $7,475 $662,370 $225,000 $437,370
2022 $7,577 $662,640 $225,000 $437,640
2021 $7,327 $624,330 $205,000 $419,330
2020 $6,589 $556,770 $200,000 $356,770
2019 $6,589 $556,770 $200,000 $356,770
2018 $6,207 $539,770 $190,000 $349,770
2017 $5,664 $487,870 $175,000 $312,870
2016 $6,002 $518,060 $185,000 $333,060
2015 $5,427 $486,330 $175,000 $311,330
2014 $5,231 $469,790 $165,000 $304,790
Source: Public Records

Map

Virginia Fairfax County Springfield 22152

7116 Galgate Dr, Springfield, VA

Not Listed for Sale

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