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515 Great Falls Street

515 Great Falls Street, Falls Church, VA 22046
Property in Falls Church
Sold Apr 23, 2003
$854,820
$150,000 by Bank Of America
Mortgage
Sold Jul 17, 2002
$360,000
Local assessors in Falls Church, VA have categorized 515 Great Falls Street as a residential type of property. The home was built in 2003 and is 21 years old. The property's lot size has been calculated to be 11,221 square feet. The linear feet between the front and back of the lot was measured at 1,790 ft and the front of the lot was measured at 620 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 4 full bathrooms. There are also 5 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 515 Great Falls Street has a total of 3,602 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 1,784 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 550 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B+. The building has a gable style roof that was made of composition shingle. Lots of unknown were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. The property was last sold in Jan 1, 1970 for $854,820. That's $237.32 per sqft. Prior to that sales transaction, the property was also sold in Jul 15, 2002 for $360,000. 515 Great Falls Street was last assessed in 2023. The total value of the property was assessed at $1,586,300. Specifically, the land the property is located on was valued at $580,200. While improvements on the property were assessed at a total of $1,006,100. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $19,511. The initial tax year of delinquency was in 2022. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Good
  • Building Quality: B+
  • Construction Type: Frame
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Tile
  • Basement Type: Finished improved basement
  • Basement Area: 1,784
  • Garage Type: Detached
  • Garage Square Area: 550
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 11,221
  • Lot Size Depth Feet: 1,790
  • Lot Size Frontage Feet: 620
  • Total Building Area: 3,602
  • Building Area: 3,602
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,602
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SHERWOOD
  • Land Acres: 0.258
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 35A BLOCK N SHERWOOD

Ownership

  • Current Owner : HOWARD JOSEPH
  • Previous Owner : J A K ENTERPRISES INC
  • Owner Before Previous Owner: THOMAS PHILLIP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Falls Church City Public Schools
  • Census Tract: 500100

Zoning

  • Zoning: R-1B DET.H

Geography

  • Assessors Map Reference: MAP 9
  • Parcel: 51-122-038
  • Block: N
  • Lot: 35A
  • Latitude: 38.8916
  • Longitude: -77.1748

    Address

  • Full Address: 515 Great Falls St
  • Address - House Number: 515
  • Address - Street Name: Great Falls
  • Address - Suffix Type: St
  • State: VA
  • City Name: Falls Church
  • Carrier Code: C001
  • 4-Digit Zip Code: 2613
  • Zip Code: 22046

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $19,511
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 78
  • Final Value: 1,833,908
  • High Value: 2,144,140
  • Low Value: 1,523,675

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $150,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA
  • First Open Lien Mortgage Recording Date: Apr 23, 2003
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $150,000
  • 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: $1,586,300
  • Market Land Value: $580,200
  • Market Improvement Value: $1,006,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,586,300
  • Assessed Land Value: $580,200
  • Assessed Improvements Value: $1,006,100

    Sales

  • Current Sale Recording Date: Apr 23, 2003
  • Current Sale Transaction ID: 1005990689
  • Current Sale Price: $854,820
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jul 17, 2002
  • Previous Sale Contract Date: Jul 15, 2002
  • Previous Sale Amount: $360,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA
  • First Mortgage Transaction Date: Apr 23, 2003
  • First Mortgage Loan Amount: $150,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Falls Church



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Frequently Asked Questions

What neighborhood is 515 Great Falls Street located in?
The 515 Great Falls Street is a located in the neighborhood of Falls Church in Falls Church, Falls Church.
What is the average sales price for listings in 515 Great Falls Street?
The average sales price for units in 515 Great Falls Street is $0 currently.

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