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2957 Thompson Park Lane

2957 Thompson Park Lane, Fairfax, VA 22031
Property in Merrifield
Local assessors in Fairfax, VA have categorized 2957 Thompson Park Lane as a residential type of property. The home was built in 2004 and is 20 years old. The property's lot size has been calculated to be 1,776 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 0 rooms in the home. Of these, 3 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 2957 Thompson Park Lane has a total of 1,980 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 with daylight that is 365 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. Do you like to entertain? The home has a patio so you'll have a great option in the back of the home. The building has a roof that is made of composition shingle. Lots of brick 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, 2957 Thompson Park Lane sold most recently in Nov 12, 2021 for a total of $765,000. If you work out the math, that's approximately a cost of $326.23 per sqft. Before that, the property was also sold for $615,000 in Jul 28, 2008. 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 $8,080 in taxes each year. 2957 Thompson Park Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $706,570. If we break it down further, the land itself was valued at $215,000. Improvements to the property, however, were assessed at a total of $491,570. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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

Building Style

Colonial

Parking

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

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20211006
10/06/2021
3 Bed
4 Bath
1980 ft²
$765,000
bedrooms
3 Bed
bathrooms
4 Bath
square feet
1980 ft²
$765,000
11/15/2021
Kristy Moore
Local Expert Realty

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • 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: Combination
  • Basement Type: Full basement with daylight
  • Basement Area: 365
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 1,776
  • Total Building Area: 2,345
  • Gross Building Area: 2,345
  • Building Area: 1,980
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,980
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TOWNS OF COVINGTON SQUARE
  • Land Acres: 0.041
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: TOWNS OF COVINGTON SQUARE LT 40

Ownership

  • Current Owner : SHU CHANG
  • Current Owner 2: WANG CHENMU
  • Previous Owner : UMANSKY BENJAMIN S
  • Previous Owner 2: UMANSKY PERLA R
  • Owner Before Previous Owner: CHAUDHRY TARIQ I
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

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

Zoning

  • Zoning: 312

Geography

  • Assessors Map Reference: 048-4
  • District: Nov 30, 2006
  • Parcel: 0484-26-0040
  • Lot: 40
  • Municipality: PROVIDENCE
  • Latitude: 38.8719
  • Longitude: -77.2596

    Address

  • Full Address: 2957 Thompson Park Ln
  • Address - House Number: 2957
  • Address - Street Name: Thompson Park
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Fairfax
  • Carrier Code: C017
  • 4-Digit Zip Code: 1971
  • Zip Code: 22031

Valuation

    Tax

  • Total Area: 1,980
  • Tax Year: 2022
  • Tax Amount: $8,080
  • Tax Rate Code Area: 70000

    Appraisal Valuation

  • Standard Deviation: 0.1132
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 88
  • Final Value: 822,496
  • High Value: 915,629
  • Low Value: 729,364

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $612,000
  • First Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • First Open Lien Mortgage Recording Date: Nov 15, 2021
  • First Open Lien Mortgage Loan Amount: $612,000
  • 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: Dec 01, 2051

    Market Valuation

  • Market Total Value: $706,570
  • Market Land Value: $215,000
  • Market Improvement Value: $491,570

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $706,570
  • Assessed Land Value: $215,000
  • Assessed Improvements Value: $491,570

    Sales

  • Current Sale Contract Date: Nov 12, 2021
  • Current Sale Recording Date: Nov 15, 2021
  • Current Sale Transaction ID: 11869147185
  • Current Sale Price: $765,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021166873.001
  • Previous Sale Recording Date: Jul 29, 2008
  • Previous Sale Contract Date: Jul 28, 2008
  • Previous Sale Amount: $615,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT.COM LLC
  • First Mortgage Transaction Date: Nov 15, 2021
  • First Mortgage Loan Amount: $612,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRYWIDE BANK
  • Previous Mortgage Transaction Date: Jul 29, 2008
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $417,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Merrifield



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Frequently Asked Questions

What neighborhood is 2957 Thompson Park Lane located in?
The 2957 Thompson Park Lane is a located in the neighborhood of Merrifield in Merrifield, Fairfax.
What is the average sales price for listings in 2957 Thompson Park Lane?
The average sales price for units in 2957 Thompson Park Lane is $765,000 , or $386/sqft. currently.

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