7408 Spring Summit Rd Springfield, VA 22150
Estimated Value: $1,171,000 - $1,298,000
4
Beds
5
Baths
3,622
Sq Ft
$343/Sq Ft
Est. Value
About This Home
This home is located at 7408 Spring Summit Rd, Springfield, VA 22150 and is currently estimated at $1,242,025, approximately $342 per square foot. 7408 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
Nov 3, 2003
Sold by
Schrenzel Deborah J
Bought by
Freeman Jeffrey W
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
$700,000
Outstanding Balance
$325,649
Interest Rate
6.05%
Mortgage Type
New Conventional
Estimated Equity
$916,376
Purchase Details
Closed on
Feb 12, 1999
Sold by
Equity Homes L P
Bought by
Johns James C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,800
Interest Rate
6.75%
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 |
|---|---|---|---|
| Freeman Jeffrey W | $700,000 | -- | |
| Johns James C | $461,644 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Freeman Jeffrey W | $700,000 | |
| Previous Owner | Johns James C | $368,800 |
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 | $12,669 | $1,178,040 | $397,000 | $781,040 |
| 2024 | $12,669 | $1,093,560 | $387,000 | $706,560 |
| 2023 | $11,406 | $1,010,680 | $357,000 | $653,680 |
| 2022 | $10,906 | $953,720 | $327,000 | $626,720 |
| 2021 | $9,440 | $804,390 | $278,000 | $526,390 |
| 2020 | $9,280 | $784,140 | $278,000 | $506,140 |
| 2019 | $9,186 | $776,130 | $275,000 | $501,130 |
| 2018 | $8,834 | $768,130 | $267,000 | $501,130 |
| 2017 | $8,901 | $766,640 | $267,000 | $499,640 |
| 2016 | $8,882 | $766,640 | $267,000 | $499,640 |
Source: Public Records
Map
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