See Home Value
$1,470,000
House - Off Market

7203 PARK TERRACE DR

ALEXANDRIA, VA 22307
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1898 Sqft
$6,629
Estimated Monthly
$0
HOA / Fees

About This Property

Welcome to 7203 Park Terrace Drive .... a truly special opportunity to own one of only a few select homes that boast incredible Potomac River water views. This stately raised rambler takes your breath away the moment you walk through the front door.  Natural sunlight floods the upper level and the views out the giant windows are picturesque! The exquisite curb appeal with meticulous landscaping in all corners of this property is particularly noteworthy as the owners have always been steadfast in their attention to the lush and impressive grounds. There is a theme of meticulous attention to detail inside and out.  The main level hosts two generous sized bedrooms, both ensuites, a large and airy living room that opens to a deck with an awning, a formal dining room and an upgraded and fun kitchen.  The house flows breezily from room to room and floor to floor. The lower level has an enormous family room w/ fireplace, four seasons sunroom, a third bedroom w/ ensuite, the laundry/utility rooms and a bonus room perfect for a home office or an extra bedroom. The garage can be accessed from the family room and is clean and pristine.  There is a delightful patio off the sunroom that overlooks the magnificent river views, foliage, and fabulous plantings that add so much color, texture and appeal to the property.  The house has been maintained to a true level of perfection with incredible custom touches throughout. The lovely bathrooms and kitchen have been remodeled thoughtfully.  There is a spectacular antique stone fireplace mantel in the living room.  The light is on point throughout.  The floors gleam.  No stone has been left unturned, quite literally.  This is a rare opportunity to own a lovingly appointed home!  A must see! Wonderful!
Unit Size
1,898Ft²
Days on Market
21 days
Land Size
0.37 acres
Price per sqft
$711
Property Type
House
Property Taxes
$1,087
HOA Dues
-
Year Built
1959
Last updated: 4 months ago (Bright MLS #VAFX2160312)

Price History

Date / Event Date Event Price
Feb 2, 2024 Sold $1,470,000
Sold
Jan 15, 2024 In contract -
In contract
Jan 12, 2024 Listed by McEnearney Associates, Inc. $1,350,000
Listed by McEnearney Associates, Inc.
May 1, 2013 Sold to Ray Chambers $929,000
Sold to Ray Chambers

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Masonry
  • Building Style: Unknown
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Full basement with daylight
  • Basement Area: 575
  • Garage Type: Underground/basement
  • Garage Square Area: 255
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 16,141
  • Total Building Area: 2,473
  • Gross Building Area: 2,728
  • Building Area: 1,898
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,898
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: VILLAMAY
  • Land Acres: 0.371
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: VILLAMAY LT 26 SEC 2

Ownership

  • Current Owner : SCHIPP HAUKE
  • Current Owner 2: OSUCH BETH
  • Previous Owner : RAY CHAMBLRS
  • Owner Before Previous Owner: BURFIELD JAMES R
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Fairfax County Public Schools
  • Census Tract: 415600

Zoning

  • Zoning: 130

Geography

  • Assessors Map Reference: 093-4
  • District: Dec 31, 2005
  • Section: 2
  • Parcel: 0934-08-0026
  • Lot: 26
  • Municipality: MT VERNON DIST #1
  • Latitude: 38.761
  • Longitude: -77.0505

    Address

  • Full Address: 7203 Park Terrace Dr
  • Address - House Number: 7203
  • Address - Street Name: Park Terrace
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Alexandria
  • Carrier Code: C022
  • 4-Digit Zip Code: 2036
  • Zip Code: 22307

Valuation

    Tax

  • Total Area: 1,898
  • Tax Year: 2022
  • Tax Amount: $12,798
  • Tax Rate Code Area: 60100

    Appraisal Valuation

  • Standard Deviation: 0.0972
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 91
  • Final Value: 1,399,686
  • High Value: 1,535,760
  • Low Value: 1,263,612

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $825,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Feb 02, 2024
  • First Open Lien Mortgage Loan Amount: $825,000
  • 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: Mar 01, 2054

    Market Valuation

  • Market Total Value: $1,077,650
  • Market Land Value: $508,000
  • Market Improvement Value: $569,650

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,077,650
  • Assessed Land Value: $508,000
  • Assessed Improvements Value: $569,650

    Sales

  • Current Sale Contract Date: Feb 02, 2024
  • Current Sale Recording Date: Feb 02, 2024
  • Current Sale Transaction ID: 11920448634
  • Current Sale Price: $1,470,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 4424
  • Previous Sale Recording Date: May 01, 2013
  • Previous Sale Contract Date: May 01, 2013
  • Previous Sale Amount: $929,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Feb 02, 2024
  • First Mortgage Loan Amount: $825,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2054

    Previous Mortgages

  • Previous Mortgage Lender: SUNTRUST MORTGAGE INC
  • Previous Mortgage Transaction Date: May 01, 2013
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $625,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
3 Baths
1,897 ft²
$606/ft²
$1,150,000 Jul 12, 2023
$1,150,000 Sep 1, 2023
-
House
4 Beds
3 Baths
1,804 ft²
$818/ft²
$1,475,000 Jul 13, 2023
$1,475,000 Aug 21, 2023
-
House
4 Beds
3 Baths
3,213 ft²
$353/ft²
$1,135,000 Mar 26, 2020
$1,135,000 May 29, 2020
-
House
3 Beds
3 Baths
2,213 ft²
$565/ft²
$1,250,000 Jan 14, 2024
-
-
House
4 Beds
3 Baths
1,568 ft²
$845/ft²
$1,325,000 Dec 7, 2023
-
-

About Fort Hunt


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Frequently Asked Questions

When was property at 7203 Park Terrace Drive built and last sold?
The property at 7203 Park Terrace Drive was built in 1959 and last sold on Feb 2, 2024 for $1,470,000.
How much is this home worth?
The estimated value of the home located at 7203 Park Terrace Drive is $1,344,547.
What are some comparable homes to 7203 Park Terrace Drive?
Homes that are comparable to 7203 Park Terrace Drive include a house property at 7203 Marine Drive, 1201 Gatewood Drive, 7201 Burtonwood Drive.

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