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2973 Covington Square Way

2973 Covington Square Way, Fairfax, VA 22031
Property in Merrifield
Sold Oct 12, 2004
$536,034
$421,700 by Just Mortgage Inc
Mortgage
2973 Covington Square Way in Fairfax, VA was first built in 2004 and is 20 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. 2973 Covington Square Way has 2,080 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 456 sqft and has been categorized as a full basement with daylight. In total, the area measurement of the land is 1,824 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. 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. 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, 2973 Covington Square Way was last sold in Oct 8, 2004 for $536,034. According to our calculations, that's $211.37 per sqft. Current property owners are expected to pay $8,260 in taxes per year. The property on 2973 Covington Square Way was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $722,340. To break that down further, the land itself was valued at $215,000. While improvements to the property were assessed at a total of $507,340. 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: 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: Wood
  • Basement Type: Full basement with daylight
  • Basement Area: 456
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,824
  • Total Building Area: 2,536
  • Gross Building Area: 2,536
  • Building Area: 2,080
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,080
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TOWNS OF COVINGTON SQUARE
  • Land Acres: 0.042
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: TOWNS OF COVINGTON SQUARE LT 22

Ownership

  • Current Owner : KWON CHANG BEOM
  • Previous Owner : NEIGHBORHOODS III LLC
  • Is Owner Occupied: Owner-occupied property

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: 0484-26-0022
  • Lot: 22
  • Municipality: PROVIDENCE
  • Latitude: 38.8718
  • Longitude: -77.2588

    Address

  • Full Address: 2973 Covington Square Way
  • Address - House Number: 2973
  • Address - Street Name: Covington Square
  • Address - Suffix Type: Way
  • State: VA
  • City Name: Fairfax
  • Carrier Code: C017
  • 4-Digit Zip Code: 1969
  • Zip Code: 22031

Valuation

    Tax

  • Total Area: 2,080
  • Tax Year: 2022
  • Tax Amount: $8,260
  • Tax Rate Code Area: 70000

    Appraisal Valuation

  • Standard Deviation: 0.1044
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 89
  • Final Value: 851,953
  • High Value: 940,934
  • Low Value: 762,973

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $421,700
  • First Open Lien Mortgage Lender: JUST MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Oct 12, 2004
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $421,700
  • 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: $722,340
  • Market Land Value: $215,000
  • Market Improvement Value: $507,340

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $722,340
  • Assessed Land Value: $215,000
  • Assessed Improvements Value: $507,340

    Sales

  • Current Sale Contract Date: Oct 08, 2004
  • Current Sale Recording Date: Oct 12, 2004
  • Current Sale Transaction ID: 11470783432
  • Current Sale Price: $536,034
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 200440625007

    Last Sale Mortgage

  • First Mortgage Lender: JUST MORTGAGE INC
  • First Mortgage Transaction Date: Oct 12, 2004
  • First Mortgage Loan Amount: $421,700
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Variable

About Merrifield



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Frequently Asked Questions

What neighborhood is 2973 Covington Square Way located in?
The 2973 Covington Square Way is a located in the neighborhood of Merrifield in Merrifield, Fairfax.
What is the average sales price for listings in 2973 Covington Square Way?
The average sales price for units in 2973 Covington Square Way is $0 currently.

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