NOT LISTED FOR SALE

7516 Chancellor Way Springfield, VA 22153

Estimated Value: $718,000 - $819,000

3 Beds
2.5 Baths
2,592 Sq Ft
$297/Sq Ft Est. Value

Last Sold April 21, 2023

Last sale price $675,000 $260 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,646/month

Highlights

  • Open Floorplan
  • Backs to Trees or Woods
  • No HOA
  • Deck
  • 1 Fireplace
  • 1-minute walk to Rolling Wood Park

About This Home

As of April 2023

Magnificent Contemporary Style Home located in the heart of Springfield in the Chancellor Farms Community. Open floor plan, lots of light, and soaring ceilings will WOW you when you enter the house. There are 3 BR , 2.5 Bath fully renovated as well as an open kitchen with island and family room.
The back of the house has 2 Decks, one attached to the Primary Bedroom and the other extends the length of house with a playhouse and slide. The home is private and Backs to woodlands.
Completely updated to include Neutral Paint, New Roof, New gutters, New HVAC, New windows, New carpets, lighting fixtures and remodeled kitchen and bathrooms.

Last Agent to Sell the Property

Carmen Carter-Howell

(703) 932-0007 carmen@carterhowell.net Samson Properties License #0225216043 Listed on: 04/06/2023

Samson Properties

Last Buyer's Agent

Madeline Lussier

(703) 220-3936 Madeline.Lussier@rlahre.com RLAH @properties

RLAH @properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,722

Year Built

  • Built in 1973

Lot Details

  • 8,489 Sq Ft Lot
  • Backs to Trees or Woods
  • Property is in excellent condition
  • Property is zoned 131

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Split Level Home
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 2,592 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Ceiling Fan
  • Skylights
  • 1 Fireplace
  • Carpet

Kitchen

  • Stove
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Gas Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

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

Community Details

  • No Home Owners Association
  • Chancellor Farms Subdivision

Listing and Financial Details

  • Tax Lot 50
  • Assessor Parcel Number 0894 06 0050

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,722

Year Built

Built in 1973

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-04-06
  • Year Built: 1973
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Dryer - Gas, Exhaust Fan, Icemaker, Refrigerator, Stove, Washer
  • Interior Amenities: Carpet, Ceiling Fan(s), Floor Plan - Open, Skylight(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Slab
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 2592
  • Living Area Sq Ft: 2592
  • Price Per Sq Ft: 250.73
  • Above Grade Finished Sq Ft: 2592
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Septic, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Features: Backs To Trees
  • Lot Size Acres: 0.19
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8489.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Excellent
  • Zoning: 131
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6722.00
  • Assessor Parcel Number: 0894 06 0050
  • Tax Lot: 50
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2023
Closed on
Apr 21, 2023
Sold by
Bakovic Patricia L
Bought by
Bloom Matthew Carrington
Seller's Agent
Carmen Carter-Howell
Samson Properties
Buyer's Agent
Madeline Lussier
RLAH @properties
List Price
$649,900
Sold Price
$675,000
Premium/Discount to List
$25,100
3.86%
Views
16
Current Estimated Value
$769,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,083
Avg. Annual Appreciation
4.99%
Original Mortgage
$654,750
Outstanding Balance
$636,982
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$132,101

Purchase Details

Closed on
Feb 1, 2023
Sold by
Bakovic John A
Bought by
Bakovic Patricia L

Purchase Details

Closed on
Aug 4, 1987
Bought by
Bakovic John A And and Powell Patricia L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bloom Matthew Carrington $675,000 Cardinal Title Group
Bakovic Patricia L -- --
Bakovic John A And $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bloom Matthew Carrington $654,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/21/2023 04/21/23 Sold $675,000 +3.9% $260 / Sq Ft
04/07/2023 04/07/23 Pending -- -- --
04/06/2023 04/06/23 For Sale $649,900 -- $251 / 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
2025 $7,399 $662,170 $269,000 $393,170
2024 $7,399 $638,670 $259,000 $379,670
2023 $6,634 $587,820 $234,000 $353,820
2022 $6,834 $597,660 $234,000 $363,660
2021 $6,331 $539,470 $204,000 $335,470
2020 $6,247 $527,800 $199,000 $328,800
2019 $5,495 $464,320 $184,000 $280,320
2018 $5,282 $459,320 $179,000 $280,320
2017 $5,115 $440,560 $174,000 $266,560
2016 $4,910 $423,800 $169,000 $254,800
2015 $4,788 $429,000 $169,000 $260,000
2014 $4,624 $415,240 $164,000 $251,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAFX2118606

Bright MLS

APN: 0894-06-0050