NOT LISTED FOR SALE

7701 Lafayette Forest Dr Unit 31 Annandale, VA 22003

Estimated Value: $324,000 - $374,000

2 Beds
2 Baths
1,006 Sq Ft
5,881 Sq Ft Lot

Last Sold May 12, 2015

Last sale price $257,000 $255 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,254/month

Highlights

  • Penthouse
  • Community Pool
  • Energy-Efficient Appliances
  • Contemporary Architecture
  • More Than Two Accessible Exits
  • 4-minute walk to Ossian Hall Park

About This Home

As of March 2022

Sunny, bright, spacious two bedroom two bathroom penthouse unit in the desirable community of Lafayette Forest. Fully renovated kitchen with new stainless steel appliances, quartz countertops, tile backsplash, luxury vinyl flooring, the arty light fixture ties it all together. New washer/dryer in the unit. All carpeting was freshly laid. Owner’s bedroom offers large walk-in closet. Fresh paint throughout! Bright, sunny with nine-foot, vaulted cathedral ceilings, the open concept main area with fireplace, wall-of-windows slider and large balcony beg for indoor/outdoor entertaining. Storage space conveys! Rent includes water, sewage, trash pickup, exterior maintenance, parking, snow removal and your pool pass. Wonderfully cared-for community surrounded by trees! Community pool & tennis courts! So close to shopping, restaurants & major commuter routes! Easy access to 495, 395, 95 & 66! 0.2 miles to Ossian Hall Park! Less than 1 mile to Annandale High School! So close to nearby shops, restaurants & entertainment! 10 minutes to Merrifield & Springfield! 15 minutes to Alexandria West! 20 minutes to Reagan National Airport!

Last Agent to Rent the Property

Jason Park

KW United License #666716 Listed on: 01/10/2022

KW United

Last Renter's Agent

datacorrect BrightMLS

Non Subscribing Office

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,754

Year Built

  • Built in 1986 | Remodeled in 2020

Lot Details

  • 5,881

Home Design

  • Penthouse
  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • 1,006 Sq Ft Home
  • Property has 1 Level
  • Wood Burning Fireplace

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot
  • Parking Permit Included
  • Unassigned Parking

Schools

  • Braddock Elementary School
  • Poe Middle School
  • Annandale High School

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Additional Features

  • More Than Two Accessible Exits
  • Energy-Efficient Appliances
  • Property is in excellent condition

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,900
  • Tenant pays for electricity
  • The owner pays for association fees
  • Rent includes hoa/condo fee, parking, sewer, snow removal, trash removal, water
  • No Smoking Allowed
  • 16-Month Min and 28-Month Max Lease Term
  • Available 2/11/22
  • $50 Application Fee
  • $100 Repair Deductible
  • Assessor Parcel Number 0702 19 0039

Community Details

Overview

  • Property has a Home Owners Association
  • Low-Rise Condominium
  • Lafayette Forest Condos
  • Lafayette Forest Community
  • Lafayette Forest Subdivision
  • Property Manager

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,754

Year Built

Built in 1986 | Remodeled in 2020

Lot Details

0

Rental Info

  • Date Available: 2022-02-11
  • Application Fee: 50.00
  • Owner Pays: Association Fees
  • Pets Allowed: No
  • Rent Includes: Hoa/Condo Fee, Parking, Sewer, Snow Removal, Trash Removal, Water
  • Security Deposit: 1900.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Electricity
  • Vacation Rental: No
  • Property Manager: Yes
  • Max Lease in Months: 28
  • Min Lease in Months: 16
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: 2+ Access Exits
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1986
  • Year Renovated: 2020
  • Automatically Close On Close Date: Yes
  • Remarks Public: Sunny, bright, spacious two bedroom two bathroom penthouse unit in the desirable community of Lafayette Forest. Fully renovated kitchen with new stainless steel appliances, quartz countertops, tile backsplash, luxury vinyl flooring, the arty light fixture ties it all together. New washer/dryer in the unit. All carpeting was freshly laid. Owner’s bedroom offers large walk-in closet. Fresh paint throughout! Bright, sunny with nine-foot, vaulted cathedral ceilings, the open concept main area with fireplace, wall-of-windows slider and large balcony beg for indoor/outdoor entertaining. Storage space conveys! Rent includes water, sewage, trash pickup, exterior maintenance, parking, snow removal and your pool pass. Wonderfully cared-for community surrounded by trees! Community pool & tennis courts! So close to shopping, restaurants & major commuter routes! Easy access to 495, 395, 95 & 66! 0.2 miles to Ossian Hall Park! Less than 1 mile to Annandale High School! So close to nearby shops, restaurants & entertainment! 10 minutes to Merrifield & Springfield! 15 minutes to Alexandria West! 20 minutes to Reagan National Airport!
  • Repair Deductible: 100.00
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Energy Efficient Appliances, Exhaust Fan, Icemaker, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Entry Floor: 3
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1006
  • Living Area Sq Ft: 1006
  • Price Per Sq Ft: 1.89
  • Above Grade Finished Sq Ft: 1006
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7701

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Permit Included, Unassigned
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Lafayette Forest
  • Senior Community: No

Schools

  • School District: FAIRFAX COUNTY PUBLIC SCHOOLS
  • Elementary School: BRADDOCK
  • Middle School: POE
  • High School: ANNANDALE
  • 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: BRADDOCK
  • High School: ANNANDALE
  • Middle Or Junior School: POE

Lot Info

  • Land Use Code: 041
  • Property Condition: Excellent
  • Zoning: 220

Tax Info

  • Assessor Parcel Number: 19352366
  • Assessor Parcel Number: 0702 19 0039
  • Tax Total Finished Sq Ft: 1006
  • Close Date: 03/05/2022

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2022
Sold by
Ryeah Lee Soon
Bought by
Lee Soon Ryeah
Current Estimated Value
$356,172

Purchase Details

Closed on
Dec 23, 2021
Sold by
Lee Soon Ryeah and Lee Sang Doo
Bought by
Lee Soon Ryeah and Lee Gene Jinho

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2021
Sold by
Lee Jin Woo
Bought by
Lee Soon Ryeah

Purchase Details

Closed on
Apr 26, 2018
Sold by
Lee Ryeah
Bought by
Lee Jin Woo

Purchase Details

Listed on
Mar 20, 2015
Closed on
May 12, 2015
Sold by
Kim Steve K
Bought by
Lee Soon R
Seller's Agent
Charles Kim
Samson Properties
Buyer's Agent
Jason Park
KW United
List Price
$259,990
Sold Price
$257,000
Premium/Discount to List
-$2,990
-1.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.17%
Original Mortgage
$209,198
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 15, 2008
Sold by
Kim Myung Hae
Bought by
Kim Steve K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 1999
Sold by
Kern John J
Bought by
Kim Myung H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,300
Interest Rate
6.82%
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
Lee Soon Ryeah -- --
Lee Soon Ryeah -- Accommodation
Lee Soon Ryeah -- None Listed On Document
Lee Soon Ryeah -- None Listed On Document
Lee Soon Ryeah -- None Available
Lee Jin Woo -- None Available
Lee Soon R $257,000 --
Kim Steve K $290,000 --
Kim Myung H $107,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Soon Ryeah $158,000
Previous Owner Lee Soon R $209,198
Previous Owner Kim Steve K $232,000
Previous Owner Kim Myung H $96,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2022 03/05/22 Rented $1,900 0.0% --
01/31/2022 01/31/22 Price Changed $1,900 -2.6% $2 / Sq Ft
01/15/2022 01/15/22 For Rent $1,950 0.0% --
01/12/2022 01/12/22 Under Contract -- -- --
01/10/2022 01/10/22 For Rent $1,950 0.0% --
05/12/2015 05/12/15 Sold $257,000 -1.2% $255 / Sq Ft
04/05/2015 04/05/15 Pending -- -- --
03/20/2015 03/20/15 For Sale $259,990 -- $258 / 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 $3,754 $324,070 $65,000 $259,070
2023 $3,483 $308,640 $62,000 $246,640
2022 $3,377 $295,350 $59,000 $236,350
2021 $3,040 $259,080 $52,000 $207,080
2020 $2,977 $251,530 $50,000 $201,530
2019 $2,876 $243,020 $49,000 $194,020
2018 $2,662 $231,450 $46,000 $185,450
2017 $2,687 $231,450 $46,000 $185,450
2016 $2,817 $243,160 $49,000 $194,160
2015 $2,560 $229,400 $46,000 $183,400
2014 -- $220,350 $44,000 $176,350
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: VAFX2040790

Bright MLS

APN: 0702-19-0039