NOT LISTED FOR SALE

7701 Lafayette Forest Dr Unit 40 Annandale, VA 22003

Estimated Value: $373,000 - $394,031

2 Beds
2 Baths
1,205 Sq Ft
$405/mo HOA Fee

Last Sold August 02, 2021

Last sale price $350,000 $290 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,774/month

Highlights

  • Penthouse
  • Wood Flooring
  • Jogging Path
  • Colonial Architecture
  • Community Pool
  • 4-minute walk to Ossian Hall Park

About This Home

As of August 2021

Actual Unit is #32 One of the Biggest Size Top Floor Unit with Extra Storage Room (#6) in the Basement Renovated Beautiful 2 BR & 2 Baths including Luxury Kitchen, Bathroom and Foyer etc. in 2018. One of the Largest Unit (Over 1200 SF) in the Community. Attic was also changed to Extra Storage Space. New sliding Door Replaced and New Paint for the Balcony was Arranged at this Fall. Open floor plan and Enormous Closet spaces (Attic was Converted as Very Nice Extra Storage Room). The Wood-burning fireplace will make you and your family warm and comfortable. The private top floor balcony has nice open view. 12 Miles to Amazon headquarters!, Great commuter location close to all major Highway and prime locations; Inside 495 Beltway with access to bus and bicycle commute, delicious Annandale restaurants nearby, and shopping centers are minutes away at Tyson’s Corner. It’s also located conveniently between two major airports, DCA & Dulles International Airport.

Last Agent to Sell the Property

James Kim

(571) 213-9777 toprealtorkim@gmail.com Giant Realty, Inc. Listed on: 07/10/2021

Last Buyer's Agent

Keri Shull

(703) 947-0991 accounts@kerishullteam.com EXP Realty, LLC License #618083

EXP Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,286

Year Built

  • Built in 1986 | Remodeled in 2017

Lot Details

  • Northwest Facing Home
  • Property is in very good condition

HOA Fees

  • $405 Monthly HOA Fees

Home Design

  • Penthouse
  • Colonial Architecture
  • Contemporary Architecture
  • Entry on the 3rd floor
  • Vinyl Siding

Interior Spaces

  • 1,205 Sq Ft Home
  • Property has 3 Levels
  • Wood Burning Fireplace
  • Family Room
  • Dining Room

Kitchen

  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Private Parking
  • Paved Parking
  • Parking Lot
  • Off-Street Parking
  • Surface Parking
  • Parking Permit Included
  • Unassigned Parking

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0702 19 0040

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, management, parking fee, pool(s), snow removal, trash, water
  • Low-Rise Condominium
  • Lafayette Forest Condos, Phone Number (703) 437-5800
  • Lafayette Forest Community
  • Lafayette Forest Subdivision
  • Property Manager

Amenities

  • Community Storage Space

Recreation

  • Community Playground
  • Community Pool
  • Jogging Path

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,286

Year Built

Built in 1986 | Remodeled in 2017

Lot Details

0

HOA Fees

$405 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial, Contemporary
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-07-10
  • Federal Flood Zone: No
  • Year Built: 1986
  • Year Renovated: 2017
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Actual Unit is #32 One of the Biggest Size Top Floor Unit with Extra Storage Room (#6) in the Basement Renovated Beautiful 2 BR & 2 Baths including Luxury Kitchen, Bathroom and Foyer etc. in 2018. One of the Largest Unit (Over 1200 SF) in the Community. Attic was also changed to Extra Storage Space. New sliding Door Replaced and New Paint for the Balcony was Arranged at this Fall. Open floor plan and Enormous Closet spaces (Attic was Converted as Very Nice Extra Storage Room). The Wood-burning fireplace will make you and your family warm and comfortable. The private top floor balcony has nice open view. 12 Miles to Amazon headquarters!, Great commuter location close to all major Highway and prime locations; Inside 495 Beltway with access to bus and bicycle commute, delicious Annandale restaurants nearby, and shopping centers are minutes away at Tyson’s Corner. It’s also located conveniently between two major airports, DCA & Dulles International Airport.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Icemaker, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater, Microwave
  • Entry Floor: 3
  • Flooring Type: Carpet, Hardwood
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Floors In Unit Count: 3
  • Levels Count: 3
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1205
  • Living Area Sq Ft: 1205
  • Price Per Sq Ft: 290.46
  • Above Grade Finished Sq Ft: 1205
  • 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
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Paved Parking, Permit Included, Surface, Unassigned, Private
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s), Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas, Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Water Available, Sewer Available, Electric Available, Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 405.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Lafayette Forest
  • Condo Co-Op Phone: 703-437-5800
  • HOA Condo Co-Op Amenities: Extra Storage, Jog/Walk Path, Pool - Outdoor, Swimming Pool, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Parking Fee, Pool(s), Snow Removal, Trash, Water
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 224040.00
  • Land Assessed Value: 56000.00
  • Land Use Code: 041
  • Property Condition: Very Good
  • Year Assessed: 2021
  • Zoning: 220
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets Allowed: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 19352367
  • Tax Annual Amount: 3286.00
  • Assessor Parcel Number: 0702 19 0040
  • Tax Page Number: 702
  • Tax Total Finished Sq Ft: 1205
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 08/02/2021

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2021
Closed on
Jul 30, 2021
Sold by
Kim Yoon Min
Bought by
Jones Desiree Francesca and Jones Sean Michael
Seller's Agent
James Kim
Giant Realty, Inc.
Buyer's Agent
Keri Shull
EXP Realty, LLC
List Price
$350,000
Sold Price
$350,000
Current Estimated Value
$381,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,258
Avg. Annual Appreciation
2.06%
Original Mortgage
$350,000
Outstanding Balance
$318,401
Interest Rate
2.93%
Mortgage Type
VA
Estimated Equity
$62,857

Purchase Details

Listed on
Jul 10, 2021
Closed on
Jul 10, 2021
Sold by
Kim Choon Hae and Kim Cindy Choon
Bought by
Kim Yoon Min
Seller's Agent
James Kim
Giant Realty, Inc.
Buyer's Agent
Keri Shull
EXP Realty, LLC
List Price
$350,000
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$318,401
Interest Rate
2.93%
Mortgage Type
VA
Estimated Equity
$62,857

Purchase Details

Closed on
Sep 1, 2005
Sold by
Park Zee Y
Bought by
Kim Yoon Min

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,500
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2004
Sold by
Kim Soon W
Bought by
Park Zee Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,800
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2003
Sold by
Lim Daniel
Bought by
Kim Soon Woo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,000
Interest Rate
5.83%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 29, 2003
Sold by
Cox Patricia M
Bought by
Lim Joseph J and Lim,Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
6.09%
Mortgage Type
New Conventional
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
Jones Desiree Francesca $350,000 Old Republic National Title In
Jones Desiree Francesca $350,000 Allied Title Services Llc
Kim Yoon Min -- Evergreen Title
Kim Yoon Min -- Accommodation
Kim Yoon Min $340,000 --
Park Zee Y $241,000 --
Kim Soon Woo $204,000 --
Lim Joseph J $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Desiree Francesca $350,000
Closed Jones Desiree Francesca $350,000
Previous Owner Kim Yoon Min $270,500
Previous Owner Park Zee Y $192,800
Previous Owner Lim Joseph J $199,000
Previous Owner Lim Joseph J $148,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2021 08/02/21 Sold $350,000 0.0% $290 / Sq Ft
07/14/2021 07/14/21 For Sale $350,000 0.0% $290 / Sq Ft
07/13/2021 07/13/21 Off Market $350,000 -- --
07/13/2021 07/13/21 Pending -- -- --
07/10/2021 07/10/21 For Sale $350,000 -- $290 / 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 $4,180 $367,990 $74,000 $293,990
2024 $4,180 $360,770 $72,000 $288,770
2023 $3,877 $343,590 $69,000 $274,590
2022 $3,833 $335,210 $67,000 $268,210
2021 $3,286 $280,040 $56,000 $224,040
2020 $3,218 $271,880 $54,000 $217,880
2019 $3,109 $262,690 $53,000 $209,690
2018 $2,974 $258,590 $52,000 $206,590
2017 $2,758 $237,530 $48,000 $189,530
2016 $2,891 $249,510 $50,000 $199,510
2015 $2,627 $235,390 $47,000 $188,390
2014 $2,599 $233,390 $47,000 $186,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAFX2003148

Bright MLS

APN: 0702-19-0040