NOT LISTED FOR SALE

8408 Rainbow Bridge Ln Springfield, VA 22153

Estimated Value: $719,000 - $800,000

5 Beds
3.5 Baths
1,792 Sq Ft
$423/Sq Ft Est. Value

Last Sold November 18, 2014

Last sale price $460,000 $257 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $4,700/month

3 Days on Market

Highlights

  • Gourmet Kitchen
  • Colonial Architecture
  • Wood Flooring
  • South County Middle School Rated A
  • Traditional Floor Plan
  • 1 Fireplace

About This Home

As of November 2014

Complete custom remodel. Main level Brazilian cherry floors, kitchen w/ custom cherry cbnts, granite, ceramic tile, stainless appl & french door fridge. 3 Bath w/custom cherry vanities and granite. New patio door leads to new deck w/stairs. Seperate dining, living and family areas on main level. Basement features seperate entrance, bedroom, Samsung wash,dryer inside of washroom. You will love it!

Last Agent to Sell the Property

Michael Hope

(703) 662-1433 mikehopesr@gmail.com Spring Hill Real Estate, LLC. Listed on: 10/17/2014

Spring Hill Real Estate, LLC.

Co-Listed By

Zahid Abbasi

(703) 622-1974 zabbasi@remax.net RE/MAX Real Estate Connections License #0225082150

Last Buyer's Agent

jeff Jardine

(540) 398-8382 jeffrey.j.jardine@gmail.com Exit Success Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,514

Year Built

  • Built in 1979 | Remodeled in 2014

Lot Details

  • 6,000 Sq Ft Lot
  • Irregular Lot
  • Property is in very good condition
  • Property is zoned 303

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1,792 Sq Ft Home
  • Property has 3 Levels
  • Traditional Floor Plan
  • 1 Fireplace
  • Dining Area
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Gourmet Kitchen
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Bathroom
  • 3.5 Bathrooms

Laundry

  • Front Loading Dryer
  • Front Loading Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Rear Basement Entry
  • Sump Pump

Parking

  • Driveway
  • On-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • Newington Forest Subdivision

Listing and Financial Details

  • Tax Lot 241
  • Assessor Parcel Number 98-1-4- -241

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,514

Year Built

Built in 1979 | Remodeled in 2014

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1979
  • Year Renovated: 2014
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator, Washer - Front Loading, Dryer - Front Loading, Disposal, Dishwasher, Icemaker, Microwave
  • Interior Amenities: Kitchen - Gourmet, Dining Area, Upgraded Countertops, Primary Bath(s), Wood Floors, Floor Plan - Traditional
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • Basement: Yes
  • Basement Type: Rear Entrance, Sump Pump, Walkout Level, Heated, Fully Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 1792
  • Living Area Sq Ft: 1792
  • Price Per Sq Ft: 256.64
  • Above Grade Finished Sq Ft: 1792
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Combination, Brick
  • Construction Completed: No
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Paved Driveway, Asphalt Driveway
  • Type Of Parking: Driveway, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 126.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 252370.00
  • Land Assessed Value: 153000.00
  • Lot Features: Irregular
  • Lot Size Acres: 0.14
  • Lot Size Area: 6000
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6000.00
  • Property Condition: Very Good
  • Zoning: 303

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 19428668
  • Tax Annual Amount: 4513.79
  • Assessor Parcel Number: 98-1-4- -241
  • Tax Lot: 241
  • Tax Page Number: 981
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2014
Closed on
Nov 18, 2014
Sold by
Hope Michael
Bought by
Trottier Miguel
Seller's Agent
Michael Hope
Spring Hill Real Estate, LLC.
Buyer's Agent
jeff Jardine
Exit Success Realty
List Price
$459,900
Sold Price
$460,000
Premium/Discount to List
$100
0.02%
Current Estimated Value
$758,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,423
Avg. Annual Appreciation
4.60%
Original Mortgage
$460,000
Outstanding Balance
$353,046
Interest Rate
4.13%
Mortgage Type
VA
Estimated Equity
$405,377

Purchase Details

Listed on
May 2, 2014
Closed on
Jul 2, 2014
Sold by
Nationstar Mortgage Llc
Bought by
Hope Michael
Seller's Agent
Jaime Borda
Jaime R. Borda
Buyer's Agent
Jaime Borda
Jaime R. Borda
List Price
$485,875
Sold Price
$338,625
Premium/Discount to List
-$147,250
-30.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
146.20%
Original Mortgage
$335,000
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2014
Sold by
Commonwealth Trustees Llc and Lucero Elubia
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Jan 14, 2005
Sold by
Hamilton Michael D
Bought by
Lucero Elubia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
5.71%
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
Trottier Miguel $460,000 --
Hope Michael $338,625 --
Nationstar Mortgage Llc $445,138 --
Lucero Elubia A $445,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trottier Miguel $460,000
Previous Owner Hope Michael $335,000
Previous Owner Lucero Elubia A $356,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/18/2014 11/18/14 Sold $460,000 0.0% $257 / Sq Ft
10/20/2014 10/20/14 Pending -- -- --
10/17/2014 10/17/14 For Sale $459,900 +35.8% $257 / Sq Ft
07/17/2014 07/17/14 Sold $338,625 -19.8% $131 / Sq Ft View Prior Sale
05/27/2014 05/27/14 Pending -- -- --
05/09/2014 05/09/14 Price Changed $422,200 -13.1% $163 / Sq Ft
05/02/2014 05/02/14 For Sale $485,875 -- $187 / 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 $8,220 $761,010 $283,000 $478,010
2024 $8,220 $709,510 $263,000 $446,510
2023 $7,682 $680,700 $248,000 $432,700
2022 $7,293 $637,780 $228,000 $409,780
2021 $6,625 $564,590 $198,000 $366,590
2020 $6,367 $537,970 $183,000 $354,970
2019 $6,185 $522,630 $178,000 $344,630
2018 $5,801 $504,440 $173,000 $331,440
2017 $5,559 $478,800 $163,000 $315,800
2016 $5,547 $478,800 $163,000 $315,800
2015 $5,151 $461,570 $163,000 $298,570
2014 $4,514 $405,370 $153,000 $252,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003233562

Bright MLS

APN: 0981-04-0241