NOT LISTED FOR SALE

7118 Reservoir Rd Springfield, VA 22150

Estimated Value: $614,000 - $682,000

4 Beds
3 Baths
1,248 Sq Ft
$530/Sq Ft Est. Value

Last Sold February 19, 2013

Last sale price $409,000 $328 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $4,247/month

31 Days on Market

Highlights

  • Rambler Architecture
  • Game Room
  • Forced Air Heating and Cooling System
  • 1 Fireplace
  • En-Suite Primary Bedroom
  • Combination Dining and Living Room

About This Home

As of February 2013

Spacious 4 BR, 2 BA home with wood floors through main level! Minutes from the Beltway, shops and restaurants! This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down! Property is approved for HomePath Mortgage Financing and HomePath Renovation Financing.

Last Listed By

Phil Chernitzer

REO Real Estate Listed on: 12/10/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,338

Year Built

  • 1957

Lot Details

  • 0.26 Acre Lot
  • Property is zoned 140

Parking

  • Off-Street Parking

Home Design

  • Rambler Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace
  • Combination Dining and Living Room
  • Game Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Rear Basement Entry

Utilities

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

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 80-1-6-15-16

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,338

Year Built

1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1957

Interior Features

  • Interior Amenities: Combination Dining/Living
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Game Room
  • Basement: Yes
  • Basement Type: Connecting Stairway, Rear Entrance, Full, Fully Finished, Walkout Level
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • Lower Level Bedroom: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Construction Materials: Brick
  • Pool: No Pool

Garage/Parking

  • Type Of Parking: Off Street

Utilities

  • 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

Lot Info

  • Improvement Assessed Value: 187540.00
  • Land Assessed Value: 117000.00
  • Lot Size Acres: 0.26
  • Lot Size Area: 11334
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11334.00
  • Year Assessed: 2012
  • Zoning: 140

Tax Info

  • Assessor Parcel Number: 19382134
  • Tax Annual Amount: 3337.76
  • Assessor Parcel Number: 80-1-6-15-16
  • Tax Lot: 16
  • Tax Total Finished Sq Ft: 1248

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2014
Sold by
Khan Samina K
Bought by
Khan Samina A
Total Days on Market
31
Current Estimated Value
$661,971

Purchase Details

Listed on
Dec 10, 2012
Closed on
Feb 14, 2013
Sold by
Federal National Mtg Asoc
Bought by
Khan Samina
Seller's Agent
Phil Chernitzer
REO Real Estate
Buyer's Agent
Mohammed Waseem
1ST Down Real Estate Group, LLC.
List Price
$424,000
Sold Price
$409,000
Premium/Discount to List
-$15,000
-3.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.01%
Original Mortgage
$327,200
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2012
Sold by
Atlantic Trustees Svrs Llc and Ramirez Joaquin
Bought by
Capital One Na

Purchase Details

Closed on
Mar 1, 2005
Sold by
Almanza William
Bought by
Ramirez Joaquin and Heymann,Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
5.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2004
Sold by
Keast John P
Bought by
Almanza William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,800
Interest Rate
5.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2000
Sold by
Henrich Gerlad J
Bought by
Keast Virginia H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
7.78%

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
Khan Samina A -- --
Khan Samina $409,000 --
Capital One Na $441,536 --
Ramirez Joaquin $495,000 --
Almanza William $361,000 --
Keast Virginia H $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khan Kashan $388,000
Previous Owner Khan Samina $327,200
Previous Owner Ramirez Joaquin $401,000
Previous Owner Ramirez Joaquin $396,000
Previous Owner Almanza William $288,800
Previous Owner Keast Virginia H $213,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2013 02/19/13 Sold $409,000 -3.5% $328 / Sq Ft
01/10/2013 01/10/13 Pending -- -- --
12/10/2012 12/10/12 For Sale $424,000 -- $340 / 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 $6,711 $579,270 $266,000 $313,270
2023 $6,233 $552,310 $251,000 $301,310
2022 $6,151 $537,930 $241,000 $296,930
2021 $5,713 $486,810 $201,000 $285,810
2020 $5,415 $457,520 $196,000 $261,520
2019 $5,237 $442,520 $181,000 $261,520
2018 $4,956 $430,960 $171,000 $259,960
2017 $4,804 $413,770 $171,000 $242,770
2016 $4,623 $399,010 $161,000 $238,010
2015 $4,345 $389,340 $156,000 $233,340
2014 -- $378,660 $151,000 $227,660
Source: Public Records

Agents Affiliated with this Home

  • Phil Chernitzer

    Seller's Agent in 2013

    Phil Chernitzer

    REO Real Estate

    (703) 858-1123

    5 Total Sales

    Phil Chernitzer
    Section Image
  • Jacklyn Esguerra

    Seller Co-Listing Agent in 2013

    Jacklyn Esguerra

    Pearson Smith Realty, LLC

    (571) 331-6274

    79 Total Sales

    Jacklyn Esguerra
    Section Image
  • Mohammed Waseem

    Buyer's Agent in 2013

    Mohammed Waseem

    1ST Down Real Estate Group, LLC.

    (703) 899-2365

    1 in this area

    40 Total Sales

    Mohammed Waseem
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1004237574

Bright MLS

APN: 0801-06150016

Virginia Fairfax County Springfield 22150

7118 Reservoir Rd, Springfield, VA

Homes for Sale in Springfield, VA

This home is located at 7118 Reservoir Rd, Springfield, VA 22150 since 10 December 2012 and is currently estimated at $661,971, approximately $530 per square foot. This property was built in 1957. 7118 Reservoir Rd is a home located in Fairfax County with nearby schools including Lynbrook Elementary School, Key Middle, and Lewis High School.

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