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14408 Tracy Schar Lane

14408 Tracy Schar Lane, Centreville, VA 20121
Property in Fairfax
Sold Jan 25, 1999
$237,000
Sold Jun 16, 1995
$210,000
$189,000 by Harbor Finance
Mortgage
Local assessors in Centreville, VA have categorized 14408 Tracy Schar Lane as a residential type of property. The home was built in 1993 and is 31 years old. The property's lot size has been calculated to be 8,705 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bi-level style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 14408 Tracy Schar Lane has a total of 2,134 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 928 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 400 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a roof that is made of composition shingle. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 14408 Tracy Schar Lane sold most recently in Jan 20, 1999 for a total of $237,000. If you work out the math, that's approximately a cost of $68.46 per sqft. Before that, the property was also sold for $210,000 in Jan 1, 1970. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,811 in taxes each year. 14408 Tracy Schar Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $595,670. If we break it down further, the land itself was valued at $239,000. Improvements to the property, however, were assessed at a total of $356,670. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Construction Type: Frame
  • Building Style: Bi-level
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Full basement
  • Basement Area: 928
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,705
  • Total Building Area: 3,462
  • Gross Building Area: 3,462
  • Building Area: 2,134
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,134
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WILLOUGHBY WOODS
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: WILLOUGHBY WOODS LT 24

Ownership

  • Current Owner : BALASUBRAMANIAN VENKATESH
  • Previous Owner : OAKLEY WILLIAM H
  • Owner Before Previous Owner: FREEMAN E W
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fairfax County Public Schools
  • Census Tract: 491301

Zoning

  • Zoning: 131

Geography

  • Assessors Map Reference: 065-3
  • District: Jan 31, 2009
  • Parcel: 0653-09-0024
  • Lot: 24
  • Municipality: SULLY DIST #2
  • Latitude: 38.8174
  • Longitude: -77.4472

    Address

  • Full Address: 14408 Tracy Schar Ln
  • Address - House Number: 14408
  • Address - Street Name: Tracy Schar
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Centreville
  • Carrier Code: R012
  • 4-Digit Zip Code: 2587
  • Zip Code: 20121

Valuation

    Tax

  • Total Area: 2,134
  • Tax Year: 2022
  • Tax Amount: $6,811
  • Tax Rate Code Area: 90200

    Appraisal Valuation

  • Standard Deviation: 0.1044
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 89
  • Final Value: 712,060
  • High Value: 786,430
  • Low Value: 637,691

    Market Valuation

  • Market Total Value: $595,670
  • Market Land Value: $239,000
  • Market Improvement Value: $356,670

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $595,670
  • Assessed Land Value: $239,000
  • Assessed Improvements Value: $356,670

    Sales

  • Current Sale Contract Date: Jan 20, 1999
  • Current Sale Recording Date: Jan 25, 1999
  • Current Sale Transaction ID: 11471394127
  • Current Sale Price: $237,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jun 16, 1995
  • Previous Sale Amount: $210,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: EASTERN MORTGAGE SERVICE
  • First Mortgage Transaction Date: Jan 25, 1999
  • First Mortgage Loan Amount: $225,150

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: HARBOR FINANCE
  • Previous Mortgage Transaction Date: Jun 16, 1995
  • Previous Mortgage Loan Amount: $189,000

About Centreville



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Frequently Asked Questions

What neighborhood is 14408 Tracy Schar Lane located in?
The 14408 Tracy Schar Lane is a located in the neighborhood of Fairfax in Centreville, Centreville.
What is the average sales price for listings in 14408 Tracy Schar Lane?
The average sales price for units in 14408 Tracy Schar Lane is $0 currently.

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