NOT LISTED FOR SALE

7407 Gresham St Springfield, VA 22151

Estimated Value: $568,000 - $645,000

3 Beds
1 Bath
1,092 Sq Ft
$550/Sq Ft Est. Value

Last Sold August 12, 2021

Last sale price $480,000 $440 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,696/month

Highlights

  • Traditional Architecture
  • No HOA
  • Central Air
  • 1 Fireplace
  • 1 Attached Carport Space
  • Heat Pump System

About This Home

As of August 2021

This charming single-level ranch is located in the lovely neighborhood of North Springfield. Enjoy the peacefulness in your new backyard on .24 acres. You'll have plenty of space to entertain, garden, or to create an addition! This is the perfect location, whether you need to get to DC or quickly access all of Northern Virginia this is the perfect house. Nearby Lake Accotink offers canoe, rowboat, and pedal boat rentals plus an antique carousel. Get all your shopping and dining at the newly redesigned Springfield Town Center, or pick up some fresh food at the nearby farmers market.*** Tons of new upgrades including New Carpet, stainless steel refrigerator & stove (2020). New toilet, sink, and tub (2020). New washer/dryer (2020). New tiled kitchen floor (2020). New vinyl siding, sofitts, fascia, and gutters (2020). Freshly painted exterior (2020). New attic insulation (2020) & new A/C- furnace installation on ductwork (2020). New recessed lighting in kitchen (2020).

Last Agent to Sell the Property

Marc Piard

(703) 653-4899 marc.piard@pearsonsmithrealty.com Pearson Smith Realty, LLC License #0225241101 Listed on: 07/08/2021

Pearson Smith Realty, LLC

Co-Listed By

Coco Piard

(703) 473-5535 coco.piard@pearsonsmithrealty.com Pearson Smith Realty, LLC License #0225250324

Last Buyer's Agent

Hanh Nguyen

(703) 945-2801 kathykenny2005@yahoo.com USA One Realty Corporation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,723

Year Built

  • Built in 1956

Lot Details

  • 10,591 Sq Ft Lot
  • Property is zoned 130

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • 1,092 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • 1 Attached Carport Space
  • Driveway
  • On-Street Parking

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • North Springfield Subdivision

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 0713 04290020

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,723

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-07-08
  • Year Built: 1956
  • Automatically Close On Close Date: No
  • Remarks Public: This charming single-level ranch is located in the lovely neighborhood of North Springfield. Enjoy the peacefulness in your new backyard on .24 acres. You'll have plenty of space to entertain, garden, or to create an addition! This is the perfect location, whether you need to get to DC or quickly access all of Northern Virginia this is the perfect house. Nearby Lake Accotink offers canoe, rowboat, and pedal boat rentals plus an antique carousel. Get all your shopping and dining at the newly redesigned Springfield Town Center, or pick up some fresh food at the nearby farmers market.*** Tons of new upgrades including New Carpet, stainless steel refrigerator & stove (2020). New toilet, sink, and tub (2020). New washer/dryer (2020). New tiled kitchen floor (2020). New vinyl siding, sofitts, fascia, and gutters (2020). Freshly painted exterior (2020). New attic insulation (2020) & new A/C- furnace installation on ductwork (2020). New recessed lighting in kitchen (2020).
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1092
  • Living Area Sq Ft: 1092
  • Price Per Sq Ft: 430.31
  • Above Grade Finished Sq Ft: 1092
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7407

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

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Stone
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Carport Spaces: 1
  • Garage: No
  • Attached Carport Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Carport, Driveway, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Heat Pump(s)
  • 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
  • School District Key: 121138392980
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 195430.00
  • Land Assessed Value: 207000.00
  • Land Use Code: 011
  • Lot Size Acres: 0.24
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10591.00
  • Year Assessed: 2021
  • Zoning: 130
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 19358411
  • Tax Annual Amount: 4723.00
  • Assessor Parcel Number: 0713 04290020
  • Tax Lot: 20
  • Tax Page Number: 713
  • Tax Total Finished Sq Ft: 1092
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 08/12/2021

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2021
Closed on
Jul 31, 2021
Sold by
Dmytryk Patti A and Herlihy Kathryn D
Bought by
Phung Buu Quoc and Ha Philip
Seller's Agent
Marc Piard
Pearson Smith Realty, LLC
Buyer's Agent
Hanh Nguyen
USA One Realty Corporation
List Price
$469,900
Sold Price
$480,000
Premium/Discount to List
$10,100
2.15%
Current Estimated Value
$600,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,316
Avg. Annual Appreciation
5.50%
Original Mortgage
$384,000
Outstanding Balance
$349,175
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$251,141
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
Phung Buu Quoc $480,000 Advantage Settlement Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phung Buu Quoc $384,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2021 08/12/21 Sold $480,000 +2.1% $440 / Sq Ft
07/13/2021 07/13/21 Pending -- -- --
07/08/2021 07/08/21 For Sale $469,900 0.0% $430 / Sq Ft
01/27/2020 01/27/20 Rented $1,800 0.0% --
01/22/2020 01/22/20 Under Contract -- -- --
01/13/2020 01/13/20 Price Changed $1,800 -2.7% $2 / Sq Ft
01/04/2020 01/04/20 Price Changed $1,850 -5.1% $2 / Sq Ft
12/02/2019 12/02/19 For Rent $1,950 -- --
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
2025 $6,161 $560,130 $280,000 $280,130
2024 $6,161 $531,790 $265,000 $266,790
2023 $5,834 $517,010 $255,000 $262,010
2022 $5,550 $485,390 $225,000 $260,390
2021 $4,723 $402,430 $207,000 $195,430
2020 $4,695 $396,740 $207,000 $189,740
2019 $4,691 $396,740 $207,000 $189,740
2018 $4,364 $379,490 $207,000 $172,490
2017 $4,208 $362,470 $195,000 $167,470
2016 $4,083 $352,470 $185,000 $167,470
2015 $3,823 $342,590 $180,000 $162,590
2014 $3,735 $335,400 $176,000 $159,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAFX2003598

Bright MLS

APN: 0713-04290020