NOT LISTED FOR SALE

8882 Olive Mae Cir Fairfax, VA 22031

Estimated Value: $1,317,000 - $1,441,000

4 Beds
5.5 Baths
5,046 Sq Ft
$273/Sq Ft Est. Value

Last Sold December 07, 2018

Last sale price $781,100 $155 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $8,525/month

Highlights

  • Eat-In Gourmet Kitchen
  • Open Floorplan
  • Wood Flooring
  • Fairhill Elementary School Rated A-
  • Colonial Architecture
  • Space For Rooms

About This Home

As of December 2018

Reduced! 5000+ sq ft in FANTASTIC LOCATION! Just minutes to the Metro, Beltway & Mosaic District! Wood floors, open kitchen w/ Granite, 4 Large Bedroom each w/ private bath. Finished LL w/rec room, office, full bath. Luxury Master Bath w/Dual Shower. 4th Level has huge rec room, bedroom, full bath. Lawn care included in HOA. Smaller townhomes selling in Mosaic for more!

Last Agent to Sell the Property

Christine LeTourneau

(703) 402-8024 christine.letourneau@longandfoster.com Long & Foster Real Estate, Inc. Listed on: 04/12/2018

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Christine LeTourneau

(703) 402-8024 christine.letourneau@longandfoster.com Long & Foster Real Estate, Inc. Listed on: 04/12/2018

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,887

Year Built

  • Built in 2008

Lot Details

  • 4,067 Sq Ft Lot
  • Property is in very good condition
  • Property is zoned 305

HOA Fees

  • $259 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Brick Front

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Fireplace With Glass Doors
  • Fireplace Mantel
  • Gas Fireplace
  • Window Treatments
  • Family Room Off Kitchen
  • Wood Flooring
  • Home Security System
  • Attic

Kitchen

  • Eat-In Gourmet Kitchen
  • Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Up Access
  • Side Basement Entry
  • Sump Pump
  • Space For Rooms

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • 60+ Gallon Tank

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 48-4-27- -11

Community Details

Overview

  • Association fees include common area maintenance, trash, lawn maintenance
  • Built by BASHEER
  • Cedarest Assemblage Subdivision, Ballantrae Floorplan
  • Cedar Grove Hoa Community

Amenities

  • Common Area

Recreation

  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,887

Year Built

Built in 2008

Lot Details

0

HOA Fees

$259 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Expected On Market: 2018-04-12
  • Federal Flood Zone: No
  • Year Built: 2008
  • Remarks Public: Reduced! 5000+ sq ft in FANTASTIC LOCATION! Just minutes to the Metro, Beltway & Mosaic District! Wood floors, open kitchen w/ Granite, 4 Large Bedroom each w/ private bath. Finished LL w/rec room, office, full bath. Luxury Master Bath w/Dual Shower. 4th Level has huge rec room, bedroom, full bath. Lawn care included in HOA. Smaller townhomes selling in Mosaic for more!
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Oven - Double, Refrigerator, Washer
  • Interior Amenities: Attic, Kitchen - Table Space, Kitchen - Gourmet, Family Room Off Kitchen, Primary Bath(s), Crown Moldings, Window Treatments, Upgraded Countertops, Wood Floors, Floor Plan - Traditional, Floor Plan - Open
  • Fireplace Features: Gas/Propane, Fireplace - Glass Doors, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings
  • Entry Location: Hall
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Side Entrance, Sump Pump, Fully Finished, Walkout Stairs, Space For Rooms
  • Living Area Units: Square Feet
  • Total Sq Ft: 5046
  • Living Area Sq Ft: 5046
  • Price Per Sq Ft: 190.97
  • Above Grade Finished Sq Ft: 4320
  • Below Grade Finished Sq Ft: 726
  • Total Below Grade Sq Ft: 726
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8882

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 4
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 3.00
  • Upper Level 2 Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 3
  • Upper Level 2 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Paved Driveway
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 259.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds, Jog/Walk Path
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Trash, Lawn Maintenance
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: FAIRFAX COUNTY PUBLIC SCHOOLS
  • School District Key: 121138392980
  • School District Source: Listing Agent

Green Features

  • Green Verification: No

Lot Info

  • Improvement Assessed Value: 542000.00
  • Land Assessed Value: 277000.00
  • Lot Size Acres: 0.09
  • Lot Size Area: 4067
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4067.00
  • Property Condition: Very Good
  • Year Assessed: 2015
  • Zoning: 305
  • In City Limits: No

Building Info

  • Builder Name: BASHEER

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 8887.40
  • Assessor Parcel Number: 48-4-27- -11
  • Tax Lot: 11
  • Tax Page Number: 484
  • Tax Total Finished Sq Ft: 4320
  • Tax Year: 2014
  • Close Date: 12/07/2018

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2018
Closed on
Dec 7, 2018
Sold by
Bulsara Vaishali and Thakker Naimesh
Bought by
Li Jihui and Fu 3Dongfye
Seller's Agent
Christine LeTourneau
Long & Foster Real Estate, Inc.
Buyer's Agent
Christine LeTourneau
Long & Foster Real Estate, Inc.
List Price
$825,000
Sold Price
$781,100
Premium/Discount to List
-$43,900
-5.32%
Current Estimated Value
$1,378,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$597,715
Avg. Annual Appreciation
8.61%
Original Mortgage
$624,880
Outstanding Balance
$539,748
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$839,067

Purchase Details

Listed on
Mar 9, 2016
Closed on
Jun 20, 2016
Sold by
Bulsara Vaishali V and Bulsara Deceased Vinesh R
Bought by
Bulsara Vaishali and Thakker Naimesh
Seller's Agent
Christine LeTourneau
Long & Foster Real Estate, Inc.
Buyer's Agent
Christine LeTourneau
Long & Foster Real Estate, Inc.
Sold Price
$4,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$569,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2008
Sold by
Barcrof Basheer Edgemoore
Bought by
Bulsara Vinesh R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.17%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Li Jihui $781,100 Landmark Title Svcs Inc
Bulsara Vaishali -- None Available
Bulsara Vinesh R $903,980 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Jihui $624,880
Previous Owner Bulsara Vaishali $569,000
Previous Owner Bulsara Vinesh R $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2018 12/07/18 Sold $781,100 -5.3% $155 / Sq Ft
10/05/2018 10/05/18 For Sale $825,000 +5.6% $163 / Sq Ft
10/01/2018 10/01/18 Off Market $781,100 -- --
08/29/2018 08/29/18 Price Changed $825,000 -2.9% $163 / Sq Ft
08/01/2018 08/01/18 Price Changed $850,000 -1.7% $168 / Sq Ft
07/18/2018 07/18/18 Price Changed $865,000 -2.3% $171 / Sq Ft
07/06/2018 07/06/18 Price Changed $885,000 -4.3% $175 / Sq Ft
06/15/2018 06/15/18 Price Changed $925,000 0.0% $183 / Sq Ft
06/15/2018 06/15/18 For Sale $925,000 +18.4% $183 / Sq Ft
06/12/2018 06/12/18 Off Market $781,100 -- --
04/26/2018 04/26/18 Price Changed $940,000 -2.1% $186 / Sq Ft
04/12/2018 04/12/18 For Sale $960,000 0.0% $190 / Sq Ft
05/11/2017 05/11/17 Rented $4,500 0.0% --
05/05/2017 05/05/17 Under Contract -- -- --
04/20/2017 04/20/17 For Rent $4,500 +3.4% --
06/01/2016 06/01/16 Rented $4,350 -3.3% --
05/15/2016 05/15/16 Under Contract -- -- --
03/09/2016 03/09/16 For Rent $4,500 +7.1% --
07/30/2015 07/30/15 Rented $4,200 -6.7% --
07/25/2015 07/25/15 Under Contract -- -- --
05/03/2015 05/03/15 For Rent $4,500 +4.7% --
02/05/2013 02/05/13 Rented $4,300 -4.4% --
02/01/2013 02/01/13 Under Contract -- -- --
10/10/2012 10/10/12 For Rent $4,500 -- --
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 $11,725 $1,211,740 $387,000 $824,740
2024 $11,725 $1,012,110 $347,000 $665,110
2023 $10,777 $954,990 $337,000 $617,990
2022 $10,168 $889,210 $317,000 $572,210
2021 $9,814 $836,340 $297,000 $539,340
2020 $9,756 $824,340 $285,000 $539,340
2019 $9,756 $824,340 $285,000 $539,340
2018 $9,480 $824,340 $285,000 $539,340
2017 $9,068 $781,060 $277,000 $504,060
2016 $4,524 $781,060 $277,000 $504,060
2015 $9,140 $819,000 $277,000 $542,000
2014 $8,887 $798,150 $277,000 $521,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000358984

Bright MLS

APN: 0484-27-0011