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5531 Miles Court

5531 Miles Court, Springfield, VA 22151
Property in West Springfield
Sold Apr 24, 1995
$140,000
$397,500 by Newrez Llc
Mortgage Due Jan 01, 2052
5531 Miles Court in Springfield, VA was first built in 1973 and is 51 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 bi-level style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 5531 Miles Court has 1,320 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 218 sqft and has been categorized as a full basement with daylight. In total, the area measurement of the land is 2,310 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. 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 masonry 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 heating system and being fueled with electricity. 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, 5531 Miles Court sold most recently in Jan 1, 1970 for a total of $140,000. If you work out the math, that's approximately a cost of $91.03 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 $5,429 in taxes each year. 5531 Miles Court was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $474,800. If we break it down further, the land itself was valued at $155,000. Improvements to the property, however, were assessed at a total of $319,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Masonry
  • 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: 218
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 2,310
  • Total Building Area: 1,538
  • Gross Building Area: 1,538
  • Building Area: 1,320
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,320
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: DANBURY FOREST
  • Land Acres: 0.053
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: DANBURY FOREST LT 31 SEC 3

Ownership

  • Current Owner : RAFLE PETER A
  • Previous Owner : WHITE DORSEY L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Fairfax County Public Schools
  • Census Tract: 430400

Zoning

  • Zoning: 303

Geography

  • Assessors Map Reference: 079-1
  • District: Nov 30, 2002
  • Section: 3
  • Parcel: 0791-10-0031
  • Lot: 31
  • Municipality: BRADDOCK
  • Latitude: 38.8009
  • Longitude: -77.2324

    Address

  • Full Address: 5531 Miles Ct
  • Address - House Number: 5531
  • Address - Street Name: Miles
  • Address - Suffix Type: Ct
  • State: VA
  • City Name: Springfield
  • Carrier Code: C008
  • 4-Digit Zip Code: 1715
  • Zip Code: 22151

Valuation

    Tax

  • Total Area: 1,320
  • Tax Year: 2022
  • Tax Amount: $5,429
  • Tax Rate Code Area: 30000

    Appraisal Valuation

  • Standard Deviation: 0.1044
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 89
  • Final Value: 550,488
  • High Value: 607,983
  • Low Value: 492,993

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $397,500
  • First Open Lien Mortgage Lender: NEWREZ LLC
  • First Open Lien Mortgage Recording Date: Jan 06, 2022
  • First Open Lien Mortgage Loan Amount: $397,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2052

    Market Valuation

  • Market Total Value: $474,800
  • Market Land Value: $155,000
  • Market Improvement Value: $319,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $474,800
  • Assessed Land Value: $155,000
  • Assessed Improvements Value: $319,800

    Sales

  • Current Sale Recording Date: Apr 24, 1995
  • Current Sale Transaction ID: 11471045495
  • Current Sale Price: $140,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MARKET STREET MORTGAGE CORP
  • First Mortgage Transaction Date: Apr 24, 1995
  • First Mortgage Loan Amount: $133,000

About West Springfield



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Frequently Asked Questions

What neighborhood is 5531 Miles Court located in?
The 5531 Miles Court is a located in the neighborhood of West Springfield in West Springfield, Springfield.
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