4040 Fairfax Drive

4040 Fairfax Drive in Arlington, VA was first built in 1966 and is 58 years old. This has been categorized as a office property type. In total, the area measurement of the land is 53,759 square feet.

Learn more about the property and building on this page. 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, 4040 Fairfax Drive sold most recently in Dec 2, 2014 for a total of $56,175,000. If you work out the math, that's approximately a cost of $289.56 per sqft. 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 $661,604 in taxes each year. 4040 Fairfax Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $55,133,700. If we break it down further, the land itself was valued at $12,610,000. Improvements to the property, however, were assessed at a total of $42,523,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.