NOT LISTED FOR SALE

7407 Farnum St Springfield, VA 22151

Estimated Value: $659,000 - $684,008

3 Beds
2 Baths
1,535 Sq Ft
$437/Sq Ft Est. Value

Last Sold February 27, 2015

Last sale price $390,000 $254 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $4,228/month

6 Days on Market

Highlights

  • Open Floorplan
  • No HOA
  • Breakfast Room
  • 1 Fireplace
  • Screened Porch
  • Screened Patio

About This Home

As of February 2015

BEST DEAL ON THE MARKET IN THIS AREA. This property, inside the Capital Beltway, is being sold AS-IS, and is being listed for less than comparable properties in the area. It is conveniently located near shopping center, parks and Wakefield Rec. Center. Perfect for an investor with a great location and lot. This home just needs a little TLC. Open Sunday 1-4.

Last Agent to Sell the Property

Meghan Wasinger

Wasinger & Co Properties, LLC. Listed on: 01/13/2015

Last Buyer's Agent

Kristin Stone

Samson Properties License #524601

Samson Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,756

Year Built

  • Built in 1956

Lot Details

  • 0.26 Acre Lot
  • Property is zoned 130

Home Design

  • Split Level Home
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • 1 Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Screened Porch
  • Dryer

Kitchen

  • Breakfast Room
  • Gas Oven or Range
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Connecting Stairway
  • Rear Basement Entry

Parking

  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Screened Patio

Schools

  • N Springfield Elementary School
  • Holmes Middle School
  • Annandale High School

Utilities

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

Community Details

  • No Home Owners Association
  • North Springfield Subdivision

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 71-3-4-28-23

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,756

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1956
  • Remarks Public: BEST DEAL ON THE MARKET IN THIS AREA. This property, inside the Capital Beltway, is being sold AS-IS, and is being listed for less than comparable properties in the area. It is conveniently located near shopping center, parks and Wakefield Rec. Center. Perfect for an investor with a great location and lot. This home just needs a little TLC. Open Sunday 1-4.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Disposal, Dryer, Exhaust Fan, Oven/Range - Gas
  • Interior Amenities: Breakfast Area, Combination Kitchen/Dining, Kitchen - Island, Floor Plan - Open
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Living Room, Bedroom 2, Bedroom 3, Kitchen, Family Room, Foyer, Breakfast Room, Bedroom 1, Screened Porch
  • Basement: Yes
  • Basement Type: Connecting Stairway, Rear Entrance, Partially Finished
  • Living Area Units: Square Feet
  • Street Number Modifier: 7407

Beds/Baths

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

Exterior Features

  • Construction Materials: Combination, Brick
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • 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
  • Elementary School: N SPRINGFIELD
  • Middle School: HOLMES
  • High School: ANNANDALE
  • School District Key: 121138392980
  • Elementary School: N SPRINGFIELD
  • High School: ANNANDALE
  • Middle Or Junior School: HOLMES

Lot Info

  • Improvement Assessed Value: 250090.00
  • Land Assessed Value: 177000.00
  • Lot Size Acres: 0.26
  • Lot Size Area: 11210
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11210.00
  • Outdoor Living Structures: Screened
  • Property Attached Yn: No
  • Year Assessed: 2014
  • Zoning: 130

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4755.65
  • Assessor Parcel Number: 71-3-4-28-23
  • Tax Lot: 23
  • Tax Page Number: 713
  • Tax Total Finished Sq Ft: 1247
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 02/27/2015

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2015
Closed on
Feb 27, 2015
Sold by
Fisher Mary Carole
Bought by
Ciaccio Nicholas
Seller's Agent
Meghan Wasinger
Wasinger & Co Properties, LLC.
Buyer's Agent
Kristin Stone
Samson Properties
List Price
$369,000
Sold Price
$390,000
Premium/Discount to List
$21,000
5.69%
Current Estimated Value
$667,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,330
Avg. Annual Appreciation
5.32%
Original Mortgage
$378,300
Interest Rate
3.66%
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
Ciaccio Nicholas $390,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ciaccio Nicholas $314,825
Closed Ciaccio Nicholas $45,000
Closed Ciaccio Nicholas $363,280
Closed Ciaccio Nicholas $378,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2015 02/27/15 Sold $390,000 +5.7% $254 / Sq Ft
01/19/2015 01/19/15 Pending -- -- --
01/13/2015 01/13/15 For Sale $369,000 -- $240 / 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 $6,886 $594,410 $266,000 $328,410
2023 $6,527 $578,340 $256,000 $322,340
2022 $6,250 $546,590 $226,000 $320,590
2021 $5,990 $510,440 $208,000 $302,440
2020 $5,602 $473,300 $208,000 $265,300
2019 $5,602 $473,300 $208,000 $265,300
2018 $5,166 $449,180 $208,000 $241,180
2017 $4,994 $430,160 $196,000 $234,160
2016 $4,868 $420,160 $186,000 $234,160
2015 $4,867 $436,090 $181,000 $255,090
2014 -- $427,090 $177,000 $250,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003684387

Bright MLS

APN: 0713-04280023