NOT LISTED FOR SALE

8314 Wallace Ln Manassas, VA 20109

Estimated Value: $462,000 - $522,000

4 Beds
3.5 Baths
2,024 Sq Ft
$243/Sq Ft Est. Value

Last Sold October 11, 2023

Last sale price $423,000 $209 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,000/month

28 Days on Market

Highlights

  • Colonial Architecture
  • 90% Forced Air Heating and Cooling System
  • 4-minute walk to Rosemount Lewis Park
  • Community Pool
  • Wood Burning Fireplace

About This Home

As of October 2023

Spacious 3 fin lvl, 4 BR, 3.5 BA! Vaulted MBR w/walk-in closet, Kitchen w/island pantry, loads of cabinetry & eat-in area! Formal DR & LR w/bay window! LL Family Rm w/FP! Sep Laundry w/sink! Walkout to fenced rear yard! Deck! Near 66 and all shopping centers.

Last Agent to Sell the Property

Carmen Hernandez

(703) 945-4015 chernandez@oasysrealty.com Oasys Realty Listed on: 08/24/2023

Last Buyer's Agent

Bishal Karki

(703) 270-0589 realtorbishal@gmail.com DMV Realty, INC. License #0225252234

DMV Realty, INC.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,537

Year Built

  • Built in 1998

Lot Details

  • 1,498 Sq Ft Lot

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Vinyl Siding
  • Asphalt

Interior Spaces

  • Property has 3 Levels
  • Wood Burning Fireplace

Bedrooms and Bathrooms

Finished Basement

  • English Basement
  • Walk-Out Basement
  • Rear Basement Entry

Parking

  • Assigned parking located at #62
  • 2 Assigned Parking Spaces

Utilities

  • 90% Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 62
  • Assessor Parcel Number 7696-07-8952

Community Details

Overview

  • Association fees include insurance, management, pool(s), snow removal, trash
  • Paradise Subdivision

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,537

Year Built

Built in 1998

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2023-08-24
  • Year Built: 1998
  • Assigned Parking Space Numbers: 62
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Brick/Mortar
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: English, Fully Finished, Rear Entrance, Walkout Level
  • Total Sq Ft: 2058
  • Living Area Sq Ft: 2024
  • Price Per Sq Ft: 311.32
  • Above Grade Finished Sq Ft: 1378
  • Below Grade Finished Sq Ft: 646
  • Below Grade Sq Ft: 34
  • Total Below Grade Sq Ft: 680
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned

Utilities

  • Refuse: 56.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 100.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Insurance, Management, Pool(s), Snow Removal, Trash
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1498.00
  • Zoning: R16
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4537.00
  • Assessor Parcel Number: 7696-07-8952
  • Tax Lot: 62
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: PRINCE WILLIAM COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2023
Closed on
Oct 17, 2023
Sold by
Velasquez Edmundo E and Velasquez Celia
Bought by
Kafle Blbash and Karki Kasmita
Seller's Agent
Carmen Hernandez
Oasys Realty
Buyer's Agent
Bishal Karki
DMV Realty, INC.
List Price
$429,000
Sold Price
$423,000
Premium/Discount to List
-$6,000
-1.4%
Views
118
Current Estimated Value
$492,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,123
Avg. Annual Appreciation
6.83%
Original Mortgage
$393,390
Outstanding Balance
$385,654
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$106,469

Purchase Details

Listed on
Apr 5, 2017
Closed on
May 24, 2017
Sold by
Lent Andrew D
Bought by
Velasquez Edmundo E and Velasquez Celia
Seller's Agent
Cassandra Lutjen
Coppermine Realty
Buyer's Agent
Fanny Bonilla
Bonilla and Associates LLC
List Price
$314,900
Sold Price
$302,000
Premium/Discount to List
-$12,900
-4.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.44%
Original Mortgage
$296,530
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 22, 2011
Sold by
Fannie Mae
Bought by
Lent Andrew D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,296
Interest Rate
5.07%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 16, 2010
Sold by
Lester Kimberly
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Oct 21, 2004
Sold by
Larosa Jose Enrique
Bought by
Lester Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,800
Interest Rate
5.85%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kafle Blbash $423,000 First American Title Insurance
Velasquez Edmundo E $302,000 Old Republic National
Lent Andrew D $225,000 Stewart Title
Fannie Mae $259,000 None Available
Lester Kimberly $313,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kafle Blbash $393,390
Previous Owner Velasquez Edmundo E $296,530
Previous Owner Lent Andrew D $219,296
Previous Owner Lester Kimberly $250,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/11/2023 10/11/23 Sold $423,000 -1.4% $209 / Sq Ft
09/22/2023 09/22/23 Pending -- -- --
09/20/2023 09/20/23 For Sale $429,000 0.0% $212 / Sq Ft
08/28/2023 08/28/23 Pending -- -- --
08/24/2023 08/24/23 For Sale $429,000 +42.1% $212 / Sq Ft
06/02/2017 06/02/17 Off Market $302,000 -- --
06/01/2017 06/01/17 Sold $302,000 -4.1% $219 / Sq Ft View Prior Sale
04/12/2017 04/12/17 Pending -- -- --
04/12/2017 04/12/17 For Sale $314,900 0.0% $229 / Sq Ft
04/07/2017 04/07/17 Pending -- -- --
04/05/2017 04/05/17 For Sale $314,900 -- $229 / 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 $4,140 $461,500 $131,800 $329,700
2024 $4,140 $416,300 $122,000 $294,300
2023 $4,183 $402,000 $117,700 $284,300
2022 $4,205 $371,000 $105,000 $266,000
2021 $4,235 $345,900 $95,000 $250,900
2020 $4,993 $322,100 $95,000 $227,100
2019 $4,707 $303,700 $82,200 $221,500
2018 $3,357 $278,000 $76,200 $201,800
2017 $3,149 $253,300 $74,700 $178,600
2016 $3,065 $248,700 $72,800 $175,900
2015 $2,892 $246,100 $72,800 $173,300
2014 $2,892 $229,300 $65,500 $163,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAPW2056936

Bright MLS

APN: 7696-07-8952