NOT LISTED FOR SALE

7718 Lafayette Forest Dr Unit 176 Annandale, VA 22003

Estimated Value: $360,000 - $393,720

2 Beds
2 Baths
1,130 Sq Ft
$404/mo HOA Fee

Last Sold July 08, 2021

Last sale price $330,000 $292 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,813/month

12 Days on Market

Highlights

  • Contemporary Architecture
  • Community Pool
  • Central Air
  • 1 Fireplace
  • Tennis Courts
  • Heat Pump System

About This Home

As of July 2021

Beautiful open floor plan end unit 2 BR 2 baths condo located in desirable Lafayette Forest community. Backing to trees for wooded views and privacy. Recessed lights above the fireplace. Move in ready ! Granite counter top. Updated Kitchen and bathroom. Replaced all windows (2019) New washer/dryer (2019) New paint (2018), New carpet(2018) Secure large storage area on lower level. Perfect commuter location.

Last Agent to Sell the Property

Sunny Lee

NBI Realty, LLC Listed on: 05/14/2021

Last Buyer's Agent

MYUNG KIM

Ace Realty Management Inc. License #0225198928

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,098

Year Built

  • Built in 1987

Lot Details

  • 5,401

HOA Fees

  • $404 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Contemporary Architecture
  • Aluminum Siding

Interior Spaces

  • 1,130 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0702 19 0176

Community Details

Overview

  • Association fees include sewer, water, snow removal, lawn maintenance, management, reserve funds, pool(s)
  • Low-Rise Condominium
  • Lafayette Forest Community
  • Lafayette Forest Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,098

Year Built

Built in 1987

Lot Details

0

HOA Fees

$404 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-05-15
  • Year Built: 1987
  • Automatically Close On Close Date: No
  • Remarks Public: Beautiful open floor plan end unit 2 BR 2 baths condo located in desirable Lafayette Forest community. Backing to trees for wooded views and privacy. Recessed lights above the fireplace. Move in ready ! Granite counter top. Updated Kitchen and bathroom. Replaced all windows (2019) New washer/dryer (2019) New paint (2018), New carpet(2018) Secure large storage area on lower level. Perfect commuter location.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 2
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1130
  • Living Area Sq Ft: 1130
  • Price Per Sq Ft: 300.00
  • Above Grade Finished Sq Ft: 1130
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7718

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: Aluminum Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • 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 Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 404.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Sewer, Water, Snow Removal, Lawn Maintenance, Management, Reserve Funds, Pool(s)
  • 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: 2021
  • Zoning: 220
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3098.00
  • Assessor Parcel Number: 0702 19 0176
  • Tax Total Finished Sq Ft: 1130
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 07/08/2021

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2023
Sold by
Lee Seokjung
Bought by
Costopoulos Philip J
Current Estimated Value
$375,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Outstanding Balance
$334,890
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$41,040

Purchase Details

Listed on
May 14, 2021
Closed on
Jul 8, 2021
Sold by
Lee Kyung Sook
Bought by
Lee Seokjung
Seller's Agent
Sunny Lee
NBI Realty, LLC
Buyer's Agent
MYUNG KIM
Ace Realty Management Inc.
List Price
$339,000
Sold Price
$330,000
Premium/Discount to List
-$9,000
-2.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.25%
Original Mortgage
$247,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2018
Sold by
Dao Hien Thi My
Bought by
Lee Kyung Sook

Purchase Details

Closed on
Dec 4, 2014
Sold by
Dao Hien T
Bought by
Dao Hien T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2012
Sold by
Nguyen Thuytruc
Bought by
Scholbe Andy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,056
Interest Rate
3.7%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 30, 2010
Sold by
Federal National Mortgage Association
Bought by
Nguyen Thuy T H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,200
Interest Rate
4.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2009
Sold by
Professional Foreclosure Corp
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 25, 2008
Sold by
Frederick Christopher J
Bought by
Tran Anh Thu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,800
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2004
Sold by
Cho Erik S
Bought by
Frederick Christopher J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,920
Interest Rate
5.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 1998
Sold by
Faletto Lisa A
Bought by
Cho Erick S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,300
Interest Rate
6.68%
Source: Public Records

Range of Values:

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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
Costopoulos Philip J $360,000 Chicago Title
Lee Seokjung $330,000 North American Title Ins Co
Lee Kyung Sook $270,000 Champion Title & Settlements
Dao Hien T -- --
Scholbe Andy $238,000 --
Nguyen Thuy T H $204,000 --
Federal National Mortgage Association $250,000 --
Tran Anh Thu $303,500 --
Frederick Christopher J $244,900 --
Cho Erick S $94,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Costopoulos Philip J $342,000
Previous Owner Lee Seokjung $247,500
Previous Owner Dao Hien T $225,000
Previous Owner Scholbe Andy Hong Tran $230,056
Previous Owner Nguyen Thuy T H $163,200
Previous Owner Tran Anh Thu $242,800
Previous Owner Frederick Christopher J $195,920
Previous Owner Cho Erick S $89,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2021 07/08/21 Sold $330,000 -2.7% $292 / Sq Ft
06/01/2021 06/01/21 Pending -- -- --
05/19/2021 05/19/21 For Sale $339,000 +2.7% $300 / Sq Ft
05/14/2021 05/14/21 Off Market $330,000 -- --
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 $4,060 $350,470 $70,000 $280,470
2023 $3,767 $333,780 $67,000 $266,780
2022 $3,652 $319,410 $64,000 $255,410
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 -- $225,290 $45,000 $180,290
Source: Public Records

Agents Affiliated with this Home

  • Sunny Lee

    Seller's Agent in 2021

    Sunny Lee

    NBI Realty, LLC

    (703) 623-6639

    4 in this area

    45 Total Sales

    Section Image
  • MYUNG KIM

    Buyer's Agent in 2021

    MYUNG KIM

    Ace Realty Management Inc.

    (703) 629-9483

    4 in this area

    15 Total Sales

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Map

Source: Bright MLS

MLS Number: VAFX1201166

Bright MLS

APN: 0702-19-0176

Virginia Fairfax County Annandale 22003

7718 Lafayette Forest Dr Unit 176, Annandale, VA

This home is located at 7718 Lafayette Forest Dr Unit 176, Annandale, VA 22003 since 14 May 2021 and is currently estimated at $375,930, approximately $332 per square foot. This property was built in 1987. 7718 Lafayette Forest Dr Unit 176 is a home located in Fairfax County with nearby schools including Braddock Elementary School, Poe Middle School, and Annandale High School.

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