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5535 Lakewhite Court

5535 Lakewhite Court, Fairfax, VA 22032
Property in Fairfax
Sold May 09, 2022
$537,450
$130,000 by Fairway Asset Corporation
Mortgage Due Jun 01, 2052
Sold Jun 11, 2019
$431,400
$431,400 by Home Savings & Trust Mortgage
Mortgage Due Jul 01, 2049
Local assessors in Fairfax, VA have categorized 5535 Lakewhite Court as a residential type of property. The home was built in 1982 and is 42 years old. The property's lot size has been calculated to be 1,400 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bi-level style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 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 2 full bathrooms. There are also 3 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 5535 Lakewhite Court has a total of 1,296 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 full basement with daylight that is 320 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 municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Do you like to entertain? The home has a patio so you'll have a great option in the back of the home. 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 masonry control joints. The building has a roof that is made of composition shingle. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a heat pump is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 5535 Lakewhite Court sold most recently in May 4, 2022 for a total of $537,450. If you work out the math, that's approximately a cost of $332.58 per sqft. Before that, the property was also sold for $431,400 in Jun 11, 2019. 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 $5,213 in taxes each year. 5535 Lakewhite Court was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $455,910. If we break it down further, the land itself was valued at $160,000. Improvements to the property, however, were assessed at a total of $295,910. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • 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: 320
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 1,400
  • Total Building Area: 1,616
  • Gross Building Area: 1,616
  • Building Area: 1,296
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,296
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PT THE VILLAGE PARK
  • Land Acres: 0.032
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: VILLAGE PARK THE LT 138 SEC 2B

Ownership

  • Current Owner : KIM HEIDI KYUNG
  • Previous Owner : LOUIS MARRAPODI MATTHEW
  • Owner Before Previous Owner: MARRAPODI BENJAMIN
  • Owner Before Previous Owner 2: MARRAPODI VALERIE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Fairfax County Public Schools
  • Census Tract: 430201

Zoning

  • Zoning: 181

Geography

  • Assessors Map Reference: 077-2
  • District: Nov 30, 2002
  • Section: 2B
  • Parcel: 0772-06-0138
  • Lot: 138
  • Municipality: BRADDOCK
  • Latitude: 38.7994
  • Longitude: -77.2952

    Address

  • Full Address: 5535 Lakewhite Ct
  • Address - House Number: 5535
  • Address - Street Name: Lakewhite
  • Address - Suffix Type: Ct
  • State: VA
  • City Name: Fairfax
  • Carrier Code: C052
  • 4-Digit Zip Code: 4033
  • Zip Code: 22032

Valuation

    Tax

  • Total Area: 1,296
  • Tax Year: 2022
  • Tax Amount: $5,213
  • Tax Rate Code Area: 30000

    Appraisal Valuation

  • Standard Deviation: 0.1127
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 88
  • Final Value: 536,062
  • High Value: 596,515
  • Low Value: 475,609

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $130,000
  • First Open Lien Mortgage Lender: FAIRWAY ASSET CORPORATION
  • First Open Lien Mortgage Recording Date: May 09, 2022
  • First Open Lien Mortgage Loan Amount: $130,000
  • 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: Jun 01, 2052

    Market Valuation

  • Market Total Value: $455,910
  • Market Land Value: $160,000
  • Market Improvement Value: $295,910

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $455,910
  • Assessed Land Value: $160,000
  • Assessed Improvements Value: $295,910

    Sales

  • Current Sale Contract Date: May 04, 2022
  • Current Sale Recording Date: May 09, 2022
  • Current Sale Transaction ID: 11887747031
  • Current Sale Price: $537,450
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 37605
  • Previous Sale Recording Date: Jun 11, 2019
  • Previous Sale Contract Date: Jun 11, 2019
  • Previous Sale Amount: $431,400
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY ASSET CORPORATION
  • First Mortgage Transaction Date: May 09, 2022
  • First Mortgage Loan Amount: $130,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: HOME SAVINGS & TRUST MORTGAGE
  • Previous Mortgage Transaction Date: Jun 11, 2019
  • Previous Mortgage Loan Amount: $431,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Jul 01, 2049

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Frequently Asked Questions

What neighborhood is 5535 Lakewhite Court located in?
The 5535 Lakewhite Court is a located in the neighborhood of Fairfax in Kings Park West, Fairfax.
What is the average sales price for listings in 5535 Lakewhite Court?
The average sales price for units in 5535 Lakewhite Court is $0 currently.

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