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431 Madison Forest Drive

431 Madison Forest Drive, Herndon, VA 20170
Property in Herndon
Sold May 02, 2023
$825,000
$575,000 by Fairway Independent Mtg Corp
Mortgage Due Jun 01, 2053
Sold Jun 20, 1997
$268,780
$231,000 by National City Mtg Co
Mortgage
431 Madison Forest Drive has been categorized by the local assessors in Herndon, VA as a residential type of property. The building on the property was first built in 1997 and is 27 years old. The home has a total of 10 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 431 Madison Forest Drive has 2,170 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 with daylight that is 525 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 13,120 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. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 480 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open porch. 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 frame control joints. The roof of the building is made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. 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. There is a single fireplace in the home. Perfect for those wintery nights. 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. 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, 431 Madison Forest Drive was last sold in May 1, 2023 for $825,000. According to our calculations, that's $259.84 per sqft. Prior to that sales transaction, the property was sold for $268,780 in Jan 1, 1970. Current property owners are expected to pay $10,156 in taxes per year. The property on 431 Madison Forest Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $721,020. To break that down further, the land itself was valued at $222,000. While improvements to the property were assessed at a total of $499,020. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

Building Features

Building Style

Colonial

Parking

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

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Construction Type: Frame
  • Building Style: Bi-level
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Full basement with daylight
  • Basement Area: 525
  • Garage Type: Attached
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 13,120
  • Total Building Area: 3,175
  • Gross Building Area: 3,175
  • Building Area: 2,170
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,170
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LAURAS WAY
  • Land Acres: 0.301
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: LAURAS WAY LT 1

Ownership

  • Current Owner : DEKRAAI CORY ERWIN
  • Current Owner 2: DEKRAAI MARY BETH
  • Previous Owner : BRADY LIVING TRUST
  • Owner Before Previous Owner: PALMAR CONSTRUCTION LC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Fairfax County Public Schools
  • Census Tract: 480802

Zoning

  • Zoning: 804

Geography

  • Assessors Map Reference: 010-4
  • District: 0H-00-00
  • Parcel: 0104-33-0001
  • Lot: 1
  • Municipality: DRANESVILLE TOWN OF HERNDON
  • Latitude: 38.9726
  • Longitude: -77.3767

    Address

  • Full Address: 431 Madison Forest Dr
  • Address - House Number: 431
  • Address - Street Name: Madison Forest
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Herndon
  • Carrier Code: C076
  • 4-Digit Zip Code: 3330
  • Zip Code: 20170

Valuation

    Tax

  • Total Area: 2,170
  • Tax Year: 2022
  • Tax Amount: $10,156
  • Tax Rate Code Area: H0000

    Appraisal Valuation

  • Standard Deviation: 0.1161
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 87
  • Final Value: 820,944
  • High Value: 916,305
  • Low Value: 725,584

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $575,000
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MTG CORP
  • First Open Lien Mortgage Recording Date: May 02, 2023
  • First Open Lien Mortgage Loan Amount: $575,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2053

    Market Valuation

  • Market Total Value: $721,020
  • Market Land Value: $222,000
  • Market Improvement Value: $499,020

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $721,020
  • Assessed Land Value: $222,000
  • Assessed Improvements Value: $499,020

    Sales

  • Current Sale Contract Date: May 01, 2023
  • Current Sale Recording Date: May 02, 2023
  • Current Sale Transaction ID: 11906311204
  • Current Sale Price: $825,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 18733
  • Previous Sale Recording Date: Jun 20, 1997
  • Previous Sale Amount: $268,780
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MTG CORP
  • First Mortgage Transaction Date: May 02, 2023
  • First Mortgage Loan Amount: $575,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jun 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: NATIONAL CITY MTG CO
  • Previous Mortgage Transaction Date: Jun 20, 1997
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $231,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 431 Madison Forest Drive located in?
The 431 Madison Forest Drive is a located in the neighborhood of Herndon in Herndon, Herndon.
What is the average sales price for listings in 431 Madison Forest Drive?
The average sales price for units in 431 Madison Forest Drive is $0 currently.

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