NOT LISTED FOR SALE

7405 Gresham St Springfield, VA 22151

Estimated Value: $649,250 - $706,000

3 Beds
1 Bath
1,404 Sq Ft
$475/Sq Ft Est. Value

Last Sold June 11, 2014

Last sale price $385,000 $274 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $4,184/month

75 Days on Market

Highlights

  • Rambler Architecture
  • Sun or Florida Room
  • Combination Kitchen and Dining Room
  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • 1 Car Garage

About This Home

As of June 2014

3 bedroom expanded home. Open kitchen with granite counters. Lots of natural sunlight. Large addition added to the home. Fantastic deck and huge backyard, with extra storage. Garage parking. Newer roof. Established neighborhood inside the beltway with easy access to 495

Last Agent to Sell the Property

Norm Odeneal

KW Metro Center Listed on: 02/20/2014

KW Metro Center

Last Buyer's Agent

Jenny Han

Victory Realty, LLC License #0225080657

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,644

Year Built

  • 1956

Lot Details

  • 0.25 Acre Lot
  • Property is zoned 130

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Stone Siding

Interior Spaces

  • Property has 1 Level
  • 1 Fireplace
  • Family Room
  • Combination Kitchen and Dining Room
  • Sun or Florida Room

Kitchen

  • Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Front Facing Garage
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 71-3-4-29-21

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,644

Year Built

1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1956

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Oven - Single, Refrigerator, Washer
  • Interior Amenities: Combination Kitchen/Dining
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Slab
  • Levels Count: 1
  • Room List: Family Room, Sun/Florida Room
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Construction Materials: Brick, Stone
  • Pool: No Pool

Garage/Parking

  • Garage Spaces: 1.00
  • Parking Features: Garage
  • Garage Features: Garage - Front Entry
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street

Utilities

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

Lot Info

  • Improvement Assessed Value: 168490.00
  • Land Assessed Value: 161000.00
  • Lot Size Acres: 0.25
  • Lot Size Area: 11008
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11008.00
  • Year Assessed: 2013
  • Zoning: 130

Tax Info

  • Assessor Parcel Number: 19358413
  • Tax Annual Amount: 3644.16
  • Assessor Parcel Number: 71-3-4-29-21
  • Tax Lot: 21
  • Tax Total Finished Sq Ft: 1404

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2014
Closed on
Jun 11, 2014
Sold by
Burton Stephanie H
Bought by
Jang Jin Soo
Seller's Agent
Norm Odeneal
KW Metro Center
Buyer's Agent
Jenny Han
Victory Realty, LLC
List Price
$425,000
Sold Price
$385,000
Premium/Discount to List
-$40,000
-9.41%
Current Estimated Value
$667,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,063
Avg. Annual Appreciation
5.02%
Original Mortgage
$378,026
Interest Rate
4.12%
Mortgage Type
FHA
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
Jang Jin Soo $385,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jang Jin Soo $375,173
Closed Jang Jin Soo $378,026
Previous Owner Martin Stephen H $237,762
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2014 06/11/14 Sold $385,000 -3.8% $274 / Sq Ft
05/06/2014 05/06/14 Pending -- -- --
04/25/2014 04/25/14 Price Changed $400,000 -3.6% $285 / Sq Ft
04/07/2014 04/07/14 Price Changed $415,000 -2.4% $296 / Sq Ft
04/04/2014 04/04/14 For Sale $425,000 0.0% $303 / Sq Ft
03/20/2014 03/20/14 Pending -- -- --
02/28/2014 02/28/14 For Sale $425,000 +10.4% $303 / Sq Ft
02/20/2014 02/20/14 Off Market $385,000 -- --
02/20/2014 02/20/14 For Sale $425,000 -- $303 / 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 $6,599 $569,630 $266,000 $303,630
2023 $6,254 $554,200 $256,000 $298,200
2022 $5,973 $522,360 $226,000 $296,360
2021 $5,173 $440,800 $208,000 $232,800
2020 $5,137 $434,020 $208,000 $226,020
2019 $5,160 $436,000 $208,000 $228,000
2018 $4,776 $415,270 $208,000 $207,270
2017 $4,612 $397,230 $196,000 $201,230
2016 $4,486 $387,230 $186,000 $201,230
2015 $4,200 $376,370 $181,000 $195,370
2014 $4,035 $362,340 $177,000 $185,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002846710

Bright MLS

APN: 0713-04290021