NOT LISTED FOR SALE

7701 Lafayette Forest Dr Unit 37 Annandale, VA 22003

Estimated Value: $344,000 - $369,000

2 Beds
2 Baths
1,130 Sq Ft
$438/mo HOA Fee

Last Sold June 20, 2024

Last sale price $340,000 $301 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,666/month

4 Days on Market

Highlights

  • Colonial Architecture
  • Central Air
  • 4-minute walk to Ossian Hall Park
  • 1 Fireplace
  • Heat Pump System

About This Home

As of June 2024

Welcome to home, 2 bedrooms/2 full bathrooms. SOLD STRICTLY AS -IS.
Water and Trash utilities included with condo fees. Secure storage unit included on lower level of building. 2 Parking Spots. two parking spaces with tags and one guest parking available! Community pool & tennis courts! Close to shopping, restaurants & major commuter routes! Easy access to I-495, I-395, I-95 & I-66! 0.2 miles to Ossian Hall Park! Less than 1 mile to Annandale High School! 6 miles to George Mason University, 2 miles to Northern Virginia Community College, 10 minutes to Mosaic District & Springfield!

Last Agent to Sell the Property

James Cha

(703) 625-4370 dcjamescha@gmail.com Mega Realty & Investment Inc Listed on: 05/13/2024

Last Buyer's Agent

James Cha

(703) 625-4370 dcjamescha@gmail.com Mega Realty & Investment Inc Listed on: 05/13/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,588

Year Built

  • Built in 1986

Lot Details

  • 5,881

HOA Fees

  • $438 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Colonial Architecture
  • Entry on the 1st floor

Interior Spaces

  • 1,130 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Public Septic

Listing and Financial Details

  • Assessor Parcel Number 0702 19 0037

Community Details

Overview

  • Association fees include insurance, lawn care front, lawn maintenance, parking fee, road maintenance, snow removal, trash, water
  • Low-Rise Condominium
  • Lafayette Forest Condo Community
  • Lafayette Forest Subdivision

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,588

Year Built

Built in 1986

Lot Details

0

HOA Fees

$438 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1986
  • Automatically Close On Close Date: Yes
  • Remarks Public: Welcome to home, 2 bedrooms/2 full bathrooms. SOLD STRICTLY AS -IS. Water and Trash utilities included with condo fees. Secure storage unit included on lower level of building. 2 Parking Spots. two parking spaces with tags and one guest parking available! Community pool & tennis courts! Close to shopping, restaurants & major commuter routes! Easy access to I-495, I-395, I-95 & I-66! 0.2 miles to Ossian Hall Park! Less than 1 mile to Annandale High School! 6 miles to George Mason University, 2 miles to Northern Virginia Community College, 10 minutes to Mosaic District & Springfield!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1130
  • Living Area Sq Ft: 1130
  • Price Per Sq Ft: 309.73
  • Above Grade Finished Sq Ft: 1130
  • 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
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

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 Septic, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 438.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Insurance, Lawn Care Front, Lawn Maintenance, Parking Fee, Road Maintenance, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No

Schools

  • School District: FAIRFAX COUNTY PUBLIC SCHOOLS
  • School District Key: 121138392980
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 041
  • Year Assessed: 2023
  • Zoning: 220
  • In City Limits: No

Rental Info

  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3588.00
  • Assessor Parcel Number: 0702 19 0037
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 06/20/2024

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2024
Closed on
Jun 18, 2024
Sold by
Kwak Min Chi
Bought by
Sin Hyeob
Seller's Agent
James Cha
Mega Realty & Investment Inc
Buyer's Agent
James Cha
Mega Realty & Investment Inc
List Price
$350,000
Sold Price
$340,000
Premium/Discount to List
-$10,000
-2.86%
Views
13
Current Estimated Value
$359,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,385
Avg. Annual Appreciation
4.32%
Original Mortgage
$306,000
Outstanding Balance
$302,147
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$57,238

Purchase Details

Closed on
Feb 19, 2004
Sold by
Sigda Hilda D
Bought by
Kwak Min C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,600
Interest Rate
5.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 1994
Sold by
Waldron R
Bought by
Perch Brian A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,700
Interest Rate
7.15%
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
Sin Hyeob $340,000 First American Title
Sin Hyeob $340,000 First American Title
Kwak Min C $237,000 --
Perch Brian A $121,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sin Hyeob $306,000
Closed Sin Hyeob $306,000
Previous Owner Kwak Min C $189,600
Previous Owner Perch Brian A $116,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2024 06/20/24 Sold $340,000 -2.9% $301 / Sq Ft
05/17/2024 05/17/24 Pending -- -- --
05/13/2024 05/13/24 For Sale $350,000 -- $310 / 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 $3,867 $340,480 $68,000 $272,480
2024 $3,867 $333,800 $67,000 $266,800
2023 $3,588 $317,900 $64,000 $253,900
2022 $3,479 $304,210 $61,000 $243,210
2021 $3,275 $279,090 $56,000 $223,090
2020 $3,207 $270,960 $54,000 $216,960
2019 $3,098 $261,800 $53,000 $208,800
2018 $2,964 $257,710 $52,000 $205,710
2017 $2,747 $236,640 $47,000 $189,640
2016 $2,880 $248,570 $50,000 $198,570
2015 $2,617 $234,500 $47,000 $187,500
2014 $2,509 $225,290 $45,000 $180,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAFX2180054

Bright MLS

APN: 0702-19-0037