5532 Falmead Road

5532 Falmead Road in Fairfax, VA was first built in 1978 and is 46 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. 5532 Falmead Road has 1,452 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 486 sqft and has been categorized as a full basement. In total, the area measurement of the land is 1,540 square feet.

Learn more about the property and building on this page. 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 brick. 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. 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 Jan 6, 2023 for $475,000. That's $245.10 per sqft. Prior to that sales transaction, the property was also sold in Feb 27, 2001 for $194,000. 5532 Falmead Road was last assessed in 2022. The total value of the property was assessed at $487,320. Specifically, the land the property is located on was valued at $160,000. While improvements on the property were assessed at a total of $327,320. 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 $5,573. 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.