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7121 Lake Cove Drive

7121 Lake Cove Drive, Alexandria, VA 22315
Property in Franconia
Sold Aug 31, 2015
Transfer
$117,000 by Wells Fargo Bank Na
Mortgage Due Sep 01, 2045
Sold Oct 25, 1999
$169,900
$159,900 by First Union Mortgage Corp
Mortgage
Local assessors in Alexandria, VA have categorized 7121 Lake Cove Drive 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 1,980 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 8 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 7121 Lake Cove Drive has a total of 1,596 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 396 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. 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 heating system 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Prior to that sales transaction, the property was sold for $169,900 in Oct 22, 1999. Current property owners are expected to pay $6,058 in taxes per year. The property on 7121 Lake Cove Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $529,790. To break that down further, the land itself was valued at $170,000. While improvements to the property were assessed at a total of $359,790. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

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: 8
  • 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: 396
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,980
  • Total Building Area: 1,992
  • Gross Building Area: 1,992
  • Building Area: 1,596
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,596
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LAKE D EVEREUX
  • Land Acres: 0.046
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LAKE D EVEREUX LT 203 BLK 10 SEC 4

Ownership

  • Current Owner : COX SARA J
  • Previous Owner : NESBIT LARA KATHERINE
  • Owner Before Previous Owner: STALEY MARK E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fairfax County Public Schools
  • Census Tract: 422403

Zoning

  • Zoning: 150

Geography

  • Assessors Map Reference: 092-3
  • District: Nov 30, 2003
  • Section: 4
  • Parcel: 0923-03-0203
  • Block: 1
  • Lot: 203
  • Municipality: LEE
  • Latitude: 38.7632
  • Longitude: -77.1231

    Address

  • Full Address: 7121 Lake Cove Dr
  • Address - House Number: 7121
  • Address - Street Name: Lake Cove
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Alexandria
  • Carrier Code: C019
  • 4-Digit Zip Code: 4220
  • Zip Code: 22315

Valuation

    Tax

  • Total Area: 1,596
  • Tax Year: 2022
  • Tax Amount: $6,058
  • Tax Rate Code Area: 40000

    Appraisal Valuation

  • Standard Deviation: 0.117
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 87
  • Final Value: 613,635
  • High Value: 685,472
  • Low Value: 541,799

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $302,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Aug 31, 2015
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $117,000
  • 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: Sep 01, 2045
  • Second Open Lien Mortgage Lender: TD BANK NA
  • Second Open Lien Mortgage Recording Date: Oct 30, 2018
  • Second Open Lien Mortgage Loan Amount: $185,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Nov 01, 2048

    Market Valuation

  • Market Total Value: $529,790
  • Market Land Value: $170,000
  • Market Improvement Value: $359,790

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $529,790
  • Assessed Land Value: $170,000
  • Assessed Improvements Value: $359,790

    Sales

  • Current Sale Contract Date: Aug 03, 2015
  • Current Sale Recording Date: Aug 31, 2015
  • Current Sale Transaction ID: 1309739253
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2015033525006
  • Previous Sale Recording Date: Oct 25, 1999
  • Previous Sale Contract Date: Oct 22, 1999
  • Previous Sale Amount: $169,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Aug 31, 2015
  • First Mortgage Loan Amount: $117,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Mortgage Loan Due Date: Sep 01, 2045

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: FIRST UNION MORTGAGE CORP
  • Previous Mortgage Transaction Date: Oct 25, 1999
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $159,900

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Frequently Asked Questions

What neighborhood is 7121 Lake Cove Drive located in?
The 7121 Lake Cove Drive is a located in the neighborhood of Franconia in Franconia, Alexandria.
What is the average sales price for listings in 7121 Lake Cove Drive?
The average sales price for units in 7121 Lake Cove Drive is $0 currently.

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