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2503 Wheat Meadow Court

2503 Wheat Meadow Court, Herndon, VA 20171
Property in Fairfax
Sold Jul 25, 2011
$382,500
$315,000 by Loandepotcom Llc
Mortgage Due Mar 01, 2037
Sold Dec 31, 1998
$175,740
$170,450 by Home American Mortgage
Mortgage
2503 Wheat Meadow Court in Herndon, VA was first built in 1998 and is 26 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a bi-level style. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 2503 Wheat Meadow Court has 1,660 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 400 sqft and has been categorized as a full basement with daylight. In total, the area measurement of the land is 1,700 square feet.

Learn more about the property and building on this page. The roof of the home is made of composition shingle. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a garage underground or in the basement. The garage is 260 sqft. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The exterior walls of the home are made of alum/vinyl siding. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system and being fueled with electricity. 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, 2503 Wheat Meadow Court sold most recently in Jul 22, 2011 for a total of $382,500. If you work out the math, that's approximately a cost of $185.68 per sqft. Before that, the property was also sold for $175,740 in Dec 30, 1998. 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 $5,843 in taxes each year. 2503 Wheat Meadow Court was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $511,010. If we break it down further, the land itself was valued at $150,000. Improvements to the property, however, were assessed at a total of $361,010. 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: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • 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 with daylight
  • Basement Area: 400
  • Garage Type: Underground/basement
  • Garage Square Area: 260
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,700
  • Total Building Area: 2,060
  • Gross Building Area: 2,060
  • Building Area: 1,660
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,660
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MCNAIR FARMS LANDBAY 2 SEC 1 SEC 2
  • Land Acres: 0.039
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: MCNAIR FARMS LT 257 LAND BAY 2 SEC 1

Ownership

  • Current Owner : RAMACHANDRA RAJESH C
  • Current Owner 2: MURUGAN AARTHI
  • Previous Owner : CHEN JIANFENG
  • Previous Owner 2: LI JIE
  • Owner Before Previous Owner: RICHMOND AMERICAN HOMES O
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Fairfax County Public Schools
  • Census Tract: 481103

Zoning

  • Zoning: 316

Geography

  • Assessors Map Reference: 016-3
  • District: Nov 30, 2000
  • Section: 1
  • Parcel: 0163-06-0257
  • Lot: 257
  • Municipality: HUNTER MILL
  • Latitude: 38.9475
  • Longitude: -77.4059

    Address

  • Full Address: 2503 Wheat Meadow Ct
  • Address - House Number: 2503
  • Address - Street Name: Wheat Meadow
  • Address - Suffix Type: Ct
  • State: VA
  • City Name: Herndon
  • Carrier Code: R032
  • 4-Digit Zip Code: 3051
  • Zip Code: 20171

Valuation

    Tax

  • Total Area: 1,660
  • Tax Year: 2022
  • Tax Amount: $5,843
  • Tax Rate Code Area: 10000

    Appraisal Valuation

  • Standard Deviation: 0.1141
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 88
  • Final Value: 615,826
  • High Value: 686,110
  • Low Value: 545,542

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $315,000
  • First Open Lien Mortgage Lender: LOANDEPOTCOM LLC
  • First Open Lien Mortgage Recording Date: Feb 14, 2022
  • First Open Lien Mortgage Loan Amount: $315,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2037

    Market Valuation

  • Market Total Value: $511,010
  • Market Land Value: $150,000
  • Market Improvement Value: $361,010

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $511,010
  • Assessed Land Value: $150,000
  • Assessed Improvements Value: $361,010

    Sales

  • Current Sale Contract Date: Jul 22, 2011
  • Current Sale Recording Date: Jul 25, 2011
  • Current Sale Transaction ID: 11471051085
  • Current Sale Price: $382,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201127534005
  • Previous Sale Recording Date: Dec 31, 1998
  • Previous Sale Contract Date: Dec 30, 1998
  • Previous Sale Amount: $175,740
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUNTRUST MORTGAGE INC
  • First Mortgage Transaction Date: Jul 25, 2011
  • First Mortgage Loan Amount: $305,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: HOME AMERICAN MORTGAGE
  • Previous Mortgage Transaction Date: Dec 31, 1998
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $170,450

About McNair



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Frequently Asked Questions

What neighborhood is 2503 Wheat Meadow Court located in?
The 2503 Wheat Meadow Court is a located in the neighborhood of Fairfax in McNair, Herndon.
What is the average sales price for listings in 2503 Wheat Meadow Court?
The average sales price for units in 2503 Wheat Meadow Court is $0 currently.

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