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2945 Cedar Lane

2945 Cedar Lane, Fairfax, VA 22031
Property in Merrifield
Sold Apr 20, 2022
$1,000,000
$800,000 by Embrace Home Loans Inc
Mortgage Due May 01, 2052
Sold Aug 05, 2020
$625,000
$531,250 by First Home Mortgage Corp
Mortgage Due Sep 01, 2050
Local assessors in Fairfax, VA have categorized 2945 Cedar Lane as a residential type of property. The home was built in 1939 and is 85 years old. The property's lot size has been calculated to be 32,000 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 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 2 full bathrooms. There are also 3 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 2945 Cedar Lane has a total of 2,256 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 partial basement with daylight that is 931 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 240 sqft. 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 wood 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 electric heaters 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, 2945 Cedar Lane sold most recently in Apr 19, 2022 for a total of $1,000,000. If you work out the math, that's approximately a cost of $291.80 per sqft. Before that, the property was also sold for $625,000 in Jul 29, 2020. 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 $8,661 in taxes each year. 2945 Cedar Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $757,400. If we break it down further, the land itself was valued at $293,000. Improvements to the property, however, were assessed at a total of $464,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!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.

Building Features

Exterior

Wood Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1939
  • Effective Year Built: 1939
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Partial basement with daylight
  • Basement Area: 931
  • Garage Type: Attached
  • Garage Square Area: 240
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 32,000
  • Total Building Area: 3,427
  • Gross Building Area: 3,427
  • Building Area: 2,256
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Electric
  • Heated Square Feet: 2,256
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FAIRHILL ON THE BOULEVARD
  • Land Acres: 0.735
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: FAIRHILL ON THE BOULEVARD LT 55A

Ownership

  • Current Owner : KILLION MICAH E
  • Current Owner 2: KILLION AMY E
  • Previous Owner : MATTHEW MARTIN
  • Owner Before Previous Owner: HUIZAR TIMOTHY J
  • Owner Before Previous Owner 2: ANDREWS GINA M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Fairfax County Public Schools
  • Census Tract: 461700

Zoning

  • Zoning: 110

Geography

  • Assessors Map Reference: 049-3
  • District: Nov 30, 2006
  • Parcel: 0493-06-0055A
  • Lot: 55A
  • Municipality: PROVIDENCE
  • Latitude: 38.87
  • Longitude: -77.2459

    Address

  • Full Address: 2945 Cedar Ln
  • Address - House Number: 2945
  • Address - Street Name: Cedar
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Fairfax
  • Carrier Code: C024
  • 4-Digit Zip Code: 2144
  • Zip Code: 22031

Valuation

    Tax

  • Total Area: 2,313
  • Tax Year: 2022
  • Tax Amount: $8,661
  • Tax Rate Code Area: 70000

    Appraisal Valuation

  • Standard Deviation: 0.1497
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 81
  • Final Value: 1,046,211
  • High Value: 1,202,921
  • Low Value: 889,500

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $800,000
  • First Open Lien Mortgage Lender: EMBRACE HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Apr 20, 2022
  • First Open Lien Mortgage Loan Amount: $800,000
  • 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: May 01, 2052

    Market Valuation

  • Market Total Value: $757,400
  • Market Land Value: $293,000
  • Market Improvement Value: $464,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $757,400
  • Assessed Land Value: $293,000
  • Assessed Improvements Value: $464,400

    Sales

  • Current Sale Contract Date: Apr 19, 2022
  • Current Sale Recording Date: Apr 20, 2022
  • Current Sale Transaction ID: 11886042106
  • Current Sale Price: $1,000,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 32839001
  • Previous Sale Recording Date: Aug 05, 2020
  • Previous Sale Contract Date: Jul 29, 2020
  • Previous Sale Amount: $625,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: EMBRACE HOME LOANS INC
  • First Mortgage Transaction Date: Apr 20, 2022
  • First Mortgage Loan Amount: $800,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: FIRST HOME MORTGAGE CORP
  • Previous Mortgage Transaction Date: Aug 05, 2020
  • Previous Mortgage Loan Amount: $531,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2050

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Frequently Asked Questions

What neighborhood is 2945 Cedar Lane located in?
The 2945 Cedar Lane is a located in the neighborhood of Merrifield in Merrifield, Fairfax.
What is the average sales price for listings in 2945 Cedar Lane?
The average sales price for units in 2945 Cedar Lane is $0 currently.

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