7405 Spring Summit Rd Springfield, VA 22150
Estimated Value: $1,219,000 - $1,345,000
5
Beds
5
Baths
4,350
Sq Ft
$294/Sq Ft
Est. Value
About This Home
This home is located at 7405 Spring Summit Rd, Springfield, VA 22150 and is currently estimated at $1,280,027, approximately $294 per square foot. 7405 Spring Summit Rd is a home located in Fairfax County with nearby schools including Garfield Elementary School, Key Middle, and Lewis High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 7, 2023
Sold by
Oconnor Ryan A and Oconnor Julia M
Bought by
Agedew Tewodros M
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Outstanding Balance
$936,149
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$343,878
Purchase Details
Closed on
May 17, 2006
Sold by
Thieu Lan Hue Vong
Bought by
Connor Ryan A O
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
6.42%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Agedew Tewodros M | $1,200,000 | Universal Title | |
| Agedew Tewodros M | $1,200,000 | Universal Title | |
| Connor Ryan A O | $975,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Agedew Tewodros M | $960,000 | |
| Closed | Agedew Tewodros M | $960,000 | |
| Previous Owner | Connor Ryan A O | $780,000 |
Source: Public Records
Tax History Compared to Growth
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 | $13,337 | $1,242,270 | $391,000 | $851,270 |
| 2024 | $13,337 | $1,151,200 | $381,000 | $770,200 |
| 2023 | $12,002 | $1,063,570 | $351,000 | $712,570 |
| 2022 | $11,483 | $1,004,220 | $321,000 | $683,220 |
| 2021 | $9,929 | $846,070 | $272,000 | $574,070 |
| 2020 | $9,682 | $818,070 | $272,000 | $546,070 |
| 2019 | $9,582 | $809,660 | $269,000 | $540,660 |
| 2018 | $9,219 | $801,660 | $261,000 | $540,660 |
| 2017 | $9,291 | $800,230 | $261,000 | $539,230 |
| 2016 | $9,271 | $800,230 | $261,000 | $539,230 |
Source: Public Records
Map
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