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12466 Margaret Thomas Lane

12466 Margaret Thomas Lane, Herndon, VA 20171
Property in Fairfax
Sold Apr 04, 2017
$1,327,160
$636,150 by George Mason Mortgage Llc
Mortgage
12466 Margaret Thomas Lane has been categorized by the local assessors in Herndon, VA as a residential type of property. The building on the property was first built in 2017 and is 7 years old. The home has a total of 6 bedrooms. Residents will have access to 7 full bathrooms. There are 8 partial bathrooms in the home. The building has a total of 2 stories. In addition, 12466 Margaret Thomas Lane has 5,358 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement with daylight that is 1,143 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 17,799 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bi-level style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 441 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open porch. The roof of the building is made of composition shingle. The exterior walls of the building are made of concrete. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Mar 31, 2017 for $1,327,160. That's $191.18 per sqft. 12466 Margaret Thomas Lane was last assessed in 2022. The total value of the property was assessed at $1,530,290. Specifically, the land the property is located on was valued at $504,000. While improvements on the property were assessed at a total of $1,026,290. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $17,499. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 8
  • Full Bathrooms: 7
  • Partial Bathrooms: 8
  • Building Style: Bi-level
  • Exterior Walls Type: Concrete
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Full basement with daylight
  • Basement Area: 1,143
  • Garage Type: Attached
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 17,799
  • Total Building Area: 6,942
  • Gross Building Area: 6,942
  • Building Area: 5,358
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 5,358
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: IRIS HILLS
  • Land Acres: 0.409
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: IRIS HILLS LOT 6

Ownership

  • Current Owner : LUTHRA VISHAL
  • Current Owner 2: LUTHRA NISHA A
  • Previous Owner : Evg Ssb Ventures Llc A Member Managed vi
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fairfax County Public Schools
  • Census Tract: 481106

Zoning

  • Zoning: 120

Geography

  • District: Nov 30, 2000
  • Parcel: 0254-22-0006
  • Lot: 6
  • Municipality: HUNTER MILL
  • Latitude: 38.9169
  • Longitude: -77.3784

    Address

  • Full Address: 12466 Margaret Thomas Ln
  • Address - House Number: 12466
  • Address - Street Name: Margaret Thomas
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Herndon
  • Carrier Code: R031
  • 4-Digit Zip Code: 2476
  • Zip Code: 20171

Valuation

    Tax

  • Total Area: 5,358
  • Tax Year: 2022
  • Tax Amount: $17,499
  • Tax Rate Code Area: 10000

    Appraisal Valuation

  • Standard Deviation: 0.1044
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 89
  • Final Value: 1,789,380
  • High Value: 1,976,269
  • Low Value: 1,602,492

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,111,150
  • First Open Lien Mortgage Lender: GEORGE MASON MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Apr 04, 2017
  • First Open Lien Mortgage Loan Amount: $636,150
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Lender: AMERIS BANK
  • Second Open Lien Mortgage Recording Date: Jan 26, 2021
  • Second Open Lien Mortgage Financing Type: Adjustable Rate
  • Second Open Lien Mortgage Loan Amount: $475,000
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Feb 01, 2036

    Market Valuation

  • Market Total Value: $1,530,290
  • Market Land Value: $504,000
  • Market Improvement Value: $1,026,290

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,530,290
  • Assessed Land Value: $504,000
  • Assessed Improvements Value: $1,026,290

    Sales

  • Current Sale Contract Date: Mar 31, 2017
  • Current Sale Recording Date: Apr 04, 2017
  • Current Sale Transaction ID: 1807156713
  • Current Sale Price: $1,327,160
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2017020929016

    Last Sale Mortgage

  • First Mortgage Lender: GEORGE MASON MORTGAGE LLC
  • First Mortgage Transaction Date: Apr 04, 2017
  • First Mortgage Loan Amount: $636,150
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 12466 Margaret Thomas Lane located in?
The 12466 Margaret Thomas Lane is a located in the neighborhood of Fairfax in Franklin Farm, Herndon.
What is the average sales price for listings in 12466 Margaret Thomas Lane?
The average sales price for units in 12466 Margaret Thomas Lane is $0 currently.

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