NOT LISTED FOR SALE

7422 Nancemond St Springfield, VA 22150

Estimated Value: $671,000 - $691,000

4 Beds
2.5 Baths
1,689 Sq Ft
$403/Sq Ft Est. Value

Last Sold March 21, 2023

Last sale price $592,000 $351 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,247/month

42 Days on Market

Highlights

  • View of Trees or Woods
  • Property is near a park
  • Solid Hardwood Flooring
  • Deck
  • Raised Ranch Architecture
  • 3-minute walk to Brookfield Park

About This Home

As of March 2023

Welcome home to this Wonderful 4 Bedroom, 2.5 Bath, Brick Rambler Backing to Woods and Parkland in the Heart of Springfield.

Gleaming Hardwood Floors, Fresh Paint, Bright Living Room with a Cozy Fireplace, Separate Dining Room, Big Kitchen and a Large Master Bedroom with Private Master Bathroom. All 4 Bedrooms are located on the Main Level of the Home.

The Home has a Finished, Walkout Basement with Large Family Room, Bar area, Gaming area (pool table conveys), 1/2 Bath and Tons of Storage Space. The Washer, Dryer, Freezer and 2 Work Benches in the Utility Room convey with the Home.

The Deck is accessed from the main level of the home with stairs leading to the Amazing Backyard and One of the Best Lots you will find in the area with Plenty of room to Play. The Covered Patio is Perfect for Relaxing or Entertaining. The home backs to Brookfield Park and is within walking distance to the 493 acre Lake Accotink Park. Spend a few minutes in the Backyard and Enjoy the Privacy and Beauty of all the Trees.

The Home is Located Close to Restaurants, Shopping and Lake Accotink Park plus Easy Access to the Beltway, DC, Tysons Corner, Fort Belvoir, Old Town and Nearby Springfield Town Center.

Last Agent to Sell the Property

Charles Jones

RE/MAX Realty Group License #0225165056 Listed on: 01/12/2023

RE/MAX Realty Group

Last Buyer's Agent

Greg Stiger

Integrity Real Estate Group License #0225040893

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,266

Year Built

  • Built in 1954

Lot Details

  • 0.26 Acre Lot
  • Backs to Trees or Woods
  • Back and Front Yard
  • Property is in good condition
  • Property is zoned 130

Parking

  • Driveway

Home Design

  • Raised Ranch Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace
  • Family Room
  • Living Room
  • Formal Dining Room
  • Storage Room
  • Views of Woods

Kitchen

  • Stove
  • Extra Refrigerator or Freezer

Flooring

  • Solid Hardwood
  • Carpet

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • En-Suite Bathroom

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Rear Basement Entry

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near a park

Schools

  • Crestwood Elementary School
  • Key Middle School
  • John R. Lewis High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Springfield Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 0803 02580005

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,266

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Raised Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2023-01-12
  • Year Built: 1954
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome home to this Wonderful 4 Bedroom, 2.5 Bath, Brick Rambler Backing to Woods and Parkland in the Heart of Springfield. Gleaming Hardwood Floors, Fresh Paint, Bright Living Room with a Cozy Fireplace, Separate Dining Room, Big Kitchen and a Large Master Bedroom with Private Master Bathroom. All 4 Bedrooms are located on the Main Level of the Home. The Home has a Finished, Walkout Basement with Large Family Room, Bar area, Gaming area (pool table conveys), 1/2 Bath and Tons of Storage Space. The Washer, Dryer, Freezer and 2 Work Benches in the Utility Room convey with the Home. The Deck is accessed from the main level of the home with stairs leading to the Amazing Backyard and One of the Best Lots you will find in the area with Plenty of room to Play. The Covered Patio is Perfect for Relaxing or Entertaining. The home backs to Brookfield Park and is within walking distance to the 493 acre Lake Accotink Park. Spend a few minutes in the Backyard and Enjoy the Privacy and Beauty of all the Trees. The Home is Located Close to Restaurants, Shopping and Lake Accotink Park plus Easy Access to the Beltway, DC, Tysons Corner, Fort Belvoir, Old Town and Nearby Springfield Town Center.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Extra Refrigerator/Freezer, Refrigerator, Stove, Washer, Dryer
  • Flooring Type: Carpet, Solid Hardwood
  • Interior Amenities: Carpet, Dining Area, Entry Level Bedroom, Formal/Separate Dining Room, Primary Bath(s), Wood Floors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Basement, Bedroom 1, Storage Room, Bathroom 1, Bathroom 2
  • Basement: Yes
  • Basement Type: Full, Improved, Outside Entrance, Partially Finished, Rear Entrance, Walkout Level
  • Total Sq Ft: 1689
  • Living Area Sq Ft: 1689
  • Price Per Sq Ft: 394.38
  • Above Grade Finished Sq Ft: 1458
  • Below Grade Finished Sq Ft: 231
  • Total Below Grade Sq Ft: 231
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7422

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • 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: CRESTWOOD
  • Middle School: KEY
  • High School: JOHN R. LEWIS
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138392980
  • School District Source: Listing Agent
  • Elementary School: CRESTWOOD
  • High School: JOHN R. LEWIS
  • Middle Or Junior School: KEY

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 306900.00
  • Land Assessed Value: 241000.00
  • Land Use Code: 011
  • Lot Features: Backs - Parkland, Backs To Trees, Front Yard, Rear Yard
  • Lot Size Acres: 0.26
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11458.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Good
  • Year Assessed: 2022
  • Zoning: 130
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 19383610
  • Tax Annual Amount: 6266.00
  • Assessor Parcel Number: 0803 02580005
  • Tax Lot: 5
  • Tax Page Number: 803
  • Tax Total Finished Sq Ft: 1458
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 03/21/2023

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2023
Closed on
Mar 21, 2023
Sold by
Molchany Trust
Bought by
Potter Thaddeus J
Seller's Agent
Charles Jones
RE/MAX Realty Group
Buyer's Agent
Greg Stiger
Integrity Real Estate Group
List Price
$575,000
Sold Price
$592,000
Premium/Discount to List
$17,000
2.96%
Views
45
Current Estimated Value
$680,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,278
Avg. Annual Appreciation
5.79%
Original Mortgage
$444,000
Outstanding Balance
$431,035
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$249,243
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Potter Thaddeus J $592,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Potter Thaddeus J $444,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2023 03/21/23 Sold $592,000 +3.0% $351 / Sq Ft
02/24/2023 02/24/23 Pending -- -- --
02/21/2023 02/21/23 Price Changed $575,000 0.0% $340 / Sq Ft
02/21/2023 02/21/23 For Sale $575,000 +2.7% $340 / Sq Ft
01/14/2023 01/14/23 Pending -- -- --
01/12/2023 01/12/23 For Sale $560,000 -- $332 / 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 $6,833 $589,820 $266,000 $323,820
2023 $6,349 $562,580 $251,000 $311,580
2022 $6,265 $547,900 $241,000 $306,900
2021 $5,817 $495,680 $201,000 $294,680
2020 $5,506 $465,250 $196,000 $269,250
2019 $3,997 $450,250 $181,000 $269,250
2018 $5,032 $437,580 $171,000 $266,580
2017 $91 $418,860 $171,000 $247,860
2016 $4,680 $404,000 $161,000 $243,000
2015 $4,400 $394,240 $156,000 $238,240
2014 $4,257 $382,300 $151,000 $231,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: VAFX2108160

Bright MLS

APN: 0803-02580005