NOT LISTED FOR SALE

7940 Richmond Hwy Alexandria, VA 22306

Estimated Value: $16,933,062

-- Bed
-- Bath
141,665 Sq Ft
$120/Sq Ft Est. Value

About This Home

This home is located at 7940 Richmond Hwy, Alexandria, VA 22306 and is currently estimated at $16,933,062, approximately $119 per square foot. 7940 Richmond Hwy is a home located in Fairfax County with nearby schools including Riverside Elementary School, Whitman Middle School, and Mount Vernon High.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2020
Sold by
Costco Wholesale Corporation and Fairfax County Water Authority
Bought by
Board Of Supervisors Of Fairfax County Virgin
Current Estimated Value
$16,933,062

Purchase Details

Closed on
Jan 9, 2012
Sold by
National Amusemewnts Inc
Bought by
Costco Wholesale Corp
Source: Public Records

Range of Values:

Collateral Analytics

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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.

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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.

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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.

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Average Value
Not Available
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
Board Of Supervisors Of Fairfax County Virgin -- None Listed On Document
Costco Wholesale Corp $9,500,000 --
Source: Public Records

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 $303,827 $23,671,770 $7,828,700 $15,843,070
2023 $296,612 $23,662,710 $7,750,700 $15,912,010
2022 $290,803 $22,924,960 $7,750,700 $15,174,260
2021 $287,107 $22,110,700 $8,045,550 $14,065,150
2020 $314,050 $24,000,730 $8,519,650 $15,481,080
2019 $292,513 $22,354,870 $8,445,360 $13,909,510
2018 $248,041 $21,568,760 $8,445,360 $13,123,400
2017 $266,496 $20,722,840 $8,445,360 $12,277,480
2016 $244,865 $19,077,880 $8,445,360 $10,632,520
2015 $228,334 $18,399,180 $8,445,360 $9,953,820
2014 $229,147 $18,501,990 $8,445,360 $10,056,630
Source: Public Records

Map

Virginia Fairfax County Alexandria 22306

7940 Richmond Hwy, Alexandria, VA

This home is located at 7940 Richmond Hwy, Alexandria, VA 22306 and is currently estimated at $16,933,062, approximately $119 per square foot. 7940 Richmond Hwy is a home located in Fairfax County with nearby schools including Riverside Elementary School, Whitman Middle School, and Mount Vernon High.

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