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3081 Covington Street

3081 Covington Street, Fairfax, VA 22031
Property in Merrifield
Sold Jul 01, 2005
$460,000
$359,650 by East West Mortgage Co
Mortgage
Sold Oct 29, 1998
$152,500
$122,000 by First Savings Mtg Corp
Mortgage
3081 Covington Street has been categorized by the local assessors in Fairfax, VA as a residential type of property. The building on the property was first built in 1970 and is 54 years old. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 3081 Covington Street has 1,496 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 374 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 3,397 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bi-level style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a patio. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. The roof of the building is made of tar and gravel. The exterior walls of the building are made of brick. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system and being fueled with electricity. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 3081 Covington Street sold most recently in Jun 30, 2005 for a total of $460,000. If you work out the math, that's approximately a cost of $245.99 per sqft. Before that, the property was also sold for $152,500 in Oct 28, 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 $5,535 in taxes each year. 3081 Covington Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $484,030. If we break it down further, the land itself was valued at $155,000. Improvements to the property, however, were assessed at a total of $329,030. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Masonry
  • Building Style: Bi-level
  • Exterior Walls Type: Brick
  • Roof Cover Type: Tar and gravel
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Full basement
  • Basement Area: 374
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 3,397
  • Total Building Area: 1,870
  • Gross Building Area: 1,870
  • Building Area: 1,496
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,496
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HAMPTON COURT
  • Land Acres: 0.078
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: HAMPTON COURT LT 53 SEC 1

Ownership

  • Current Owner : VU THIEN DUY
  • Current Owner 2: CAO,LOAN MY
  • Previous Owner : YOO BONG H
  • Owner Before Previous Owner: FULCO STEPHEN F
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: 181

Geography

  • Assessors Map Reference: 048-4
  • District: Nov 30, 2006
  • Section: 1
  • Parcel: 0484-12-0053
  • Lot: 53
  • Municipality: PROVIDENCE
  • Latitude: 38.8679
  • Longitude: -77.2595

    Address

  • Full Address: 3081 Covington St
  • Address - House Number: 3081
  • Address - Street Name: Covington
  • Address - Suffix Type: St
  • State: VA
  • City Name: Fairfax
  • Carrier Code: C012
  • 4-Digit Zip Code: 2010
  • Zip Code: 22031

Valuation

    Tax

  • Total Area: 1,496
  • Tax Year: 2022
  • Tax Amount: $5,535
  • Tax Rate Code Area: 70000

    Appraisal Valuation

  • Standard Deviation: 0.1153
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 87
  • Final Value: 581,177
  • High Value: 648,216
  • Low Value: 514,139

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $359,650
  • First Open Lien Mortgage Lender: EAST WEST MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Jul 01, 2005
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $359,650
  • 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: $484,030
  • Market Land Value: $155,000
  • Market Improvement Value: $329,030

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $484,030
  • Assessed Land Value: $155,000
  • Assessed Improvements Value: $329,030

    Sales

  • Current Sale Contract Date: Jun 30, 2005
  • Current Sale Recording Date: Jul 01, 2005
  • Current Sale Transaction ID: 11470781499
  • Current Sale Price: $460,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 200526135012
  • Previous Sale Recording Date: Oct 29, 1998
  • Previous Sale Contract Date: Oct 28, 1998
  • Previous Sale Amount: $152,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: EAST WEST MORTGAGE CO
  • First Mortgage Transaction Date: Jul 01, 2005
  • First Mortgage Loan Amount: $359,650
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: FIRST SAVINGS MTG CORP
  • Previous Mortgage Transaction Date: Oct 29, 1998
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $122,000

About Merrifield



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Frequently Asked Questions

What neighborhood is 3081 Covington Street located in?
The 3081 Covington Street is a located in the neighborhood of Merrifield in Merrifield, Fairfax.
What is the average sales price for listings in 3081 Covington Street?
The average sales price for units in 3081 Covington Street is $0 currently.

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