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2540 Terra Cotta Circle

2540 Terra Cotta Circle, Herndon, VA 20171
Townhouse in Fairfax
Sold Jul 16, 2021
$615,000
$544,500 by Truist Bank
Mortgage Due Aug 01, 2051
Sold Nov 02, 2018
$481,000
$384,800 by Suntrust Bank
Mortgage Due Dec 01, 2048
2540 Terra Cotta Circle in Herndon, VA was first built in 2006 and is 18 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 0 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. 2540 Terra Cotta Circle 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 210 sqft and has been categorized as a full basement with daylight. In total, the area measurement of the land is 1,467 square feet.

Learn more about the property and building on this page. There is a patio. 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. The exterior walls of the home are made of brick. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Jul 14, 2021 for $615,000. That's $328.88 per sqft. Prior to that sales transaction, the property was also sold in Oct 25, 2018 for $481,000. 2540 Terra Cotta Circle was last assessed in 2022. The total value of the property was assessed at $558,380. Specifically, the land the property is located on was valued at $110,000. While improvements on the property were assessed at a total of $448,380. 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 $6,385. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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.

Building Features

Exterior

Aluminum Siding
Brick Exterior

Driveway

Driveway

Parking

Permit Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Style: Bi-level
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Type: Full basement with daylight
  • Basement Area: 210
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 1,467
  • Total Building Area: 1,870
  • Gross Building Area: 1,870
  • Building Area: 1,660
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • 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: COPPERMINE CROSSING LANDBAY A
  • Land Acres: 0.034
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: COPPERMINE CROSSING LT 115A LAND BAY A

Ownership

  • Current Owner : CHINNAPA RAMAN MELGANI
  • Previous Owner : SAHU MEENAKSHI
  • Owner Before Previous Owner: SPENCER CLAYTON W
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Sole Owner

Neighborhood

  • School District Name: Fairfax County Public Schools
  • Census Tract: 482506

Zoning

  • Zoning: 312

Geography

  • Assessors Map Reference: 015-4
  • District: Nov 30, 2001
  • Parcel: 0154-06-0115A
  • Lot: 115A
  • Municipality: DRANESVILLE
  • Latitude: 38.9529
  • Longitude: -77.4209

    Address

  • Full Address: 2540 Terra Cotta Cir
  • Address - House Number: 2540
  • Address - Street Name: Terra Cotta
  • Address - Suffix Type: Cir
  • State: VA
  • City Name: Herndon
  • Carrier Code: R045
  • 4-Digit Zip Code: 4698
  • Zip Code: 20171

Valuation

    Tax

  • Total Area: 1,660
  • Tax Year: 2022
  • Tax Amount: $6,385
  • Tax Rate Code Area: 20000

    Appraisal Valuation

  • Standard Deviation: 0.1122
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 88
  • Final Value: 651,916
  • High Value: 725,086
  • Low Value: 578,747

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $544,500
  • First Open Lien Mortgage Lender: TRUIST BANK
  • First Open Lien Mortgage Recording Date: Jul 16, 2021
  • First Open Lien Mortgage Loan Amount: $544,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Market Valuation

  • Market Total Value: $558,380
  • Market Land Value: $110,000
  • Market Improvement Value: $448,380

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $558,380
  • Assessed Land Value: $110,000
  • Assessed Improvements Value: $448,380

    Sales

  • Current Sale Contract Date: Jul 14, 2021
  • Current Sale Recording Date: Jul 16, 2021
  • Current Sale Transaction ID: 11844786941
  • Current Sale Price: $615,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021115004.001
  • Previous Sale Recording Date: Nov 02, 2018
  • Previous Sale Contract Date: Oct 25, 2018
  • Previous Sale Amount: $481,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: TRUIST BANK
  • First Mortgage Transaction Date: Jul 16, 2021
  • First Mortgage Loan Amount: $544,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: SUNTRUST BANK
  • Previous Mortgage Transaction Date: Nov 02, 2018
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $384,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Dec 01, 2048

About McNair



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Frequently Asked Questions

What neighborhood is 2540 Terra Cotta Circle located in?
The 2540 Terra Cotta Circle is a townhouse located in the neighborhood of Fairfax in McNair, Herndon.
What is the average sales price for listings in 2540 Terra Cotta Circle?
The average sales price for units in 2540 Terra Cotta Circle is $0 currently.

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