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5506 Great Tree Court

5506 Great Tree Court, Fairfax, VA 22032
Property in Fairfax
Sold Sep 01, 2006
$520,000
$424,000 by Bridgeway Financial Llc
Mortgage Due May 01, 2047
Sold Oct 17, 2005
$440,000
$352,000 by Hlb Mortgage
Mortgage
5506 Great Tree Court in Fairfax, VA was first built in 1983 and is 41 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a split level style. It is a single story home. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 5506 Great Tree Court has 1,266 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 312 sqft and has been categorized as a full basement with daylight. In total, the area measurement of the land is 10,309 square feet.

Learn more about the property and building on this page. There is a patio. The roof of the home is made of composition shingle. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The garage is 264 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The exterior walls of the home are made of alum/vinyl siding. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heat pump and being fueled with electricity. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Aug 31, 2006 for $520,000. That's $282.30 per sqft. Prior to that sales transaction, the property was also sold in Oct 14, 2005 for $440,000. 5506 Great Tree Court was last assessed in 2022. The total value of the property was assessed at $609,450. Specifically, the land the property is located on was valued at $255,000. While improvements on the property were assessed at a total of $354,450. 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 $6,969. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Full basement with daylight
  • Basement Area: 312
  • Garage Type: Attached
  • Garage Square Area: 264
  • Parking Space Count: 1
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 10,309
  • Total Building Area: 1,842
  • Gross Building Area: 1,842
  • Building Area: 1,266
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,266
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FAIRFAX CLUB ESTATES
  • Land Acres: 0.237
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: FAIRFAX CLUB ESTATES LT 17 SEC 1

Ownership

  • Current Owner : JUNG SAM K
  • Current Owner 2: JUNG,BOK K
  • Previous Owner : MILES DEANA C
  • Owner Before Previous Owner: GOUW LIONG H
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fairfax County Public Schools
  • Census Tract: 430101

Zoning

  • Zoning: 303

Geography

  • Assessors Map Reference: 077-1
  • District: Nov 30, 2002
  • Section: 1
  • Parcel: 0771-12-0017
  • Block: B
  • Lot: 17
  • Municipality: BRADDOCK
  • Latitude: 38.804
  • Longitude: -77.3225

    Address

  • Full Address: 5506 Great Tree Ct
  • Address - House Number: 5506
  • Address - Street Name: Great Tree
  • Address - Suffix Type: Ct
  • State: VA
  • City Name: Fairfax
  • Carrier Code: C044
  • 4-Digit Zip Code: 3146
  • Zip Code: 22032

Valuation

    Tax

  • Total Area: 1,266
  • Tax Year: 2022
  • Tax Amount: $6,969
  • Tax Rate Code Area: 30000

    Appraisal Valuation

  • Standard Deviation: 0.1126
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 88
  • Final Value: 691,628
  • High Value: 769,547
  • Low Value: 613,708

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $424,000
  • First Open Lien Mortgage Lender: BRIDGEWAY FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: Apr 19, 2017
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $424,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: May 01, 2047

    Market Valuation

  • Market Total Value: $609,450
  • Market Land Value: $255,000
  • Market Improvement Value: $354,450

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $609,450
  • Assessed Land Value: $255,000
  • Assessed Improvements Value: $354,450

    Sales

  • Current Sale Contract Date: Aug 31, 2006
  • Current Sale Recording Date: Sep 01, 2006
  • Current Sale Transaction ID: 11470997310
  • Current Sale Price: $520,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 200627724003
  • Previous Sale Recording Date: Oct 17, 2005
  • Previous Sale Contract Date: Oct 14, 2005
  • Previous Sale Amount: $440,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGEIT INC
  • First Mortgage Transaction Date: Sep 01, 2006
  • First Mortgage Loan Amount: $364,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: HLB MORTGAGE
  • Previous Mortgage Transaction Date: Oct 17, 2005
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $352,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Fairfax Station



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Frequently Asked Questions

What neighborhood is 5506 Great Tree Court located in?
The 5506 Great Tree Court is a located in the neighborhood of Fairfax in Fairfax Station, Fairfax.
What is the average sales price for listings in 5506 Great Tree Court?
The average sales price for units in 5506 Great Tree Court is $0 currently.

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