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1581 North Village Road

1581 North Village Road, Reston, VA 20194
Property in Reston
Sold May 28, 2009
$750,000
$600,000 by Suntrust Mortgage Inc
Mortgage
Sold Mar 15, 2007
$740,000
$415,000 by Countrywide Mtg Ventures
Mortgage
1581 North Village Road has been categorized by the local assessors in Reston, VA as a residential type of property. The building on the property was first built in 1986 and is 38 years old. The home has a total of 3 bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1581 North Village Road has 2,487 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 752 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 16,652 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown 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 625 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a porch. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The roof of the building is made of composition shingle. The exterior walls of the building are made of wood. As for the floors, you'll see that the home has flooring throughout. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1581 North Village Road was last sold in May 28, 2009 for $750,000. According to our calculations, that's $194.10 per sqft. Prior to that sales transaction, the property was sold for $740,000 in Mar 15, 2007. Current property owners are expected to pay $10,327 in taxes per year. The property on 1581 North Village Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $867,480. To break that down further, the land itself was valued at $330,000. While improvements to the property were assessed at a total of $537,480. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Combination
  • Basement Type: Full basement with daylight
  • Basement Area: 752
  • Garage Type: Attached
  • Garage Square Area: 625
  • Parking Space Count: 2
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 16,652
  • Total Building Area: 3,864
  • Gross Building Area: 4,051
  • Building Area: 2,487
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,487
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: RESTON
  • Land Acres: 0.382
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: RESTON LT 3 BLK 2 SEC 33

Ownership

  • Current Owner : SMITH EUGENE
  • Previous Owner : FERRAGUT SERGIO
  • Owner Before Previous Owner: KELLY LAWRENCE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Fairfax County Public Schools
  • Census Tract: 482002

Zoning

  • Zoning: 372

Geography

  • Assessors Map Reference: 011-4
  • District: Apr 30, 2001
  • Section: 33
  • Parcel: 0114-04020003
  • Block: 2
  • Lot: 3
  • Municipality: HUNTER MILL DIST #5
  • Latitude: 38.9743
  • Longitude: -77.3478

    Address

  • Full Address: 1581 N Village Rd
  • Address - House Number: 1581
  • Street Direction: N
  • Address - Street Name: Village
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Reston
  • Carrier Code: C054
  • 4-Digit Zip Code: 1202
  • Zip Code: 20194

Valuation

    Tax

  • Total Area: 2,674
  • Tax Year: 2022
  • Tax Amount: $10,327
  • Tax Rate Code Area: 10500

    Appraisal Valuation

  • Standard Deviation: 0.1044
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 89
  • Final Value: 993,357
  • High Value: 1,097,107
  • Low Value: 889,608

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $600,000
  • First Open Lien Mortgage Lender: SUNTRUST MORTGAGE INC
  • First Open Lien Mortgage Recording Date: May 28, 2009
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $600,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $867,480
  • Market Land Value: $330,000
  • Market Improvement Value: $537,480

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $867,480
  • Assessed Land Value: $330,000
  • Assessed Improvements Value: $537,480

    Sales

  • Current Sale Contract Date: May 28, 2009
  • Current Sale Recording Date: May 28, 2009
  • Current Sale Transaction ID: 11471039253
  • Current Sale Price: $750,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 200916421001
  • Previous Sale Recording Date: Mar 15, 2007
  • Previous Sale Contract Date: Mar 15, 2007
  • Previous Sale Amount: $740,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUNTRUST MORTGAGE INC
  • First Mortgage Transaction Date: May 28, 2009
  • First Mortgage Loan Amount: $600,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRYWIDE MTG VENTURES
  • Previous Mortgage Transaction Date: Mar 15, 2007
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $415,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Reston



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Frequently Asked Questions

What neighborhood is 1581 North Village Road located in?
The 1581 North Village Road is a located in the neighborhood of Reston in Reston, Reston.
What is the average sales price for listings in 1581 North Village Road?
The average sales price for units in 1581 North Village Road is $0 currently.

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