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3427 Valley Drive

3427 Valley Drive, Alexandria, VA 22302
Sold Feb 20, 2020
$370,000
$333,000 by Vellum Mortgage Inc
Mortgage
Sold May 09, 2016
$313,000
$318,729 by First Home Mortgage Corporatio
Mortgage
3427 Valley Drive is a condo located in Parkfairfax Condominiums, Alexandria. The building was first built in 1941 and is 83 years old. 3427 Valley Drive has a total of 3 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. See the full transaction history for 3427 Valley Drive below.

Parkfairfax Condominiums, where 3427 Valley Drive is located, has a median asking price of $355,000 for condo buildings. For interested buyers, that means the building's median asking price is around 1.00% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior
Masonry Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1978
  • Bedroom Count: 0
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Good
  • Building Quality: B+
  • Construction Type: Masonry
  • Building Style: Condo
  • Exterior Walls Type: Brick
  • Floor Count: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 958
  • Total Building Area: 958
  • Building Area: 958
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Electric
  • Heated Square Feet: 958
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARKFAIRFAX CONDO
  • Land Acres: 0.022
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: UNIT 705-3427 PARKFAIRFAX

Ownership

  • Current Owner : MERGEN DAVID J
  • Current Owner 2: ARANZA LIDA Y
  • Previous Owner : BALLARD JOSEPH THOMAS
  • Owner Before Previous Owner: LAUZON ADRIENNE R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Alexandria City Public Schools
  • Census Tract: 201000

Zoning

  • Zoning: RB - TOWNH

Geography

  • Assessors Map Reference: 13.02
  • Parcel: 50275260
  • Block: A
  • Lot: 705.342
  • Latitude: 38.8371
  • Longitude: -77.0791

    Address

  • Full Address: 3427 Valley Dr
  • Legal Unit: 705
  • Address - House Number: 3427
  • Address - Street Name: Valley
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Alexandria
  • Carrier Code: C007
  • 4-Digit Zip Code: 2130
  • Zip Code: 22302

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,417

    Appraisal Valuation

  • Standard Deviation: 0.1145
  • Valuation Date: May 03, 2023
  • Confidence Score: 88
  • Final Value: 411,669
  • High Value: 458,832
  • Low Value: 364,507

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $333,000
  • First Open Lien Mortgage Lender: VELLUM MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Feb 20, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $333,000
  • 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: $386,652
  • Market Land Value: $126,505
  • Market Improvement Value: $260,147

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $386,652
  • Assessed Land Value: $126,505
  • Assessed Improvements Value: $260,147

    Sales

  • Current Sale Contract Date: Feb 19, 2020
  • Current Sale Recording Date: Feb 20, 2020
  • Current Sale Transaction ID: 11743855294
  • Current Sale Price: $370,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 200002671
  • Previous Sale Recording Date: May 09, 2016
  • Previous Sale Contract Date: May 06, 2016
  • Previous Sale Amount: $313,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: VELLUM MORTGAGE INC
  • First Mortgage Transaction Date: Feb 20, 2020
  • First Mortgage Loan Amount: $333,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: FIRST HOME MORTGAGE CORPORATIO
  • Previous Mortgage Transaction Date: May 09, 2016
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $318,729
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA

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Frequently Asked Questions

What neighborhood is 3427 Valley Drive located in?
The 3427 Valley Drive is a condo located in the neighborhood of Parkfairfax Condominiums in North Ridge - Rosemont, Alexandria.
What is the average sales price for listings in 3427 Valley Drive?
The average sales price for units in 3427 Valley Drive is $0 currently.

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