NOT LISTED FOR SALE

8501 Lee Hwy Unit A Fairfax, VA 22031

Estimated Value: $3,489,729

-- Bed
-- Bath
3,200 Sq Ft
$1,091/Sq Ft Est. Value

About This Home

This home is located at 8501 Lee Hwy Unit A, Fairfax, VA 22031 and is currently priced at $3,489,729, approximately $1,090 per square foot. 8501 Lee Hwy Unit A is a home located in Fairfax County with nearby schools including Fairhill Elementary School, Luther Jackson Middle School, and Falls Church High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2021
Sold by
My Kang Net Llc
Bought by
Board Of Supervisors Of Fairfax County
Current Estimated Value
$3,489,729

Purchase Details

Closed on
May 29, 2014
Sold by
8501 Lee Highway Llc
Bought by
My Kang Net Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,088,000
Interest Rate
4.26%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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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 -- None Available
My Kang Net Llc $2,320,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner My Kang Net Llc $2,088,000
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
2025 $29,364 $2,249,800 $647,990 $1,601,810
2024 $29,364 $2,287,800 $647,990 $1,639,810
2023 $29,381 $2,343,910 $647,990 $1,695,920
2022 $30,318 $2,390,040 $647,990 $1,742,050
2021 $30,928 $2,381,850 $650,320 $1,731,530
2020 $31,595 $2,414,610 $671,300 $1,743,310
2019 $31,769 $2,427,920 $671,300 $1,756,620
2018 $28,399 $2,469,500 $671,300 $1,798,200
2017 $35,513 $2,761,470 $671,300 $2,090,170
2016 $35,814 $2,790,330 $671,300 $2,119,030
2015 $26,141 $2,106,480 $566,410 $1,540,070
2014 $7,071 $1,141,870 $566,410 $575,460
Source: Public Records

Map

Virginia Fairfax County Fairfax 22031

8501 Lee Hwy Unit A, Fairfax, VA

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