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7203 Racepoint Way

7203 Racepoint Way, Alexandria, VA 22315
Property in Franconia
Sold May 04, 2017
$575,000
$517,500 by Credit Union Mortgage Associat
Mortgage
Sold Jul 26, 2016
Transfer
7203 Racepoint Way in Alexandria, 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 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 7203 Racepoint Way has 1,840 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. In total, the area measurement of the land is 14,749 square feet.

Learn more about the property and building on this page. There is a porch. 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. For those who need parking, there is a attached garage. The garage is 480 sqft. There are a total of 2 available parking spaces. 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 frame control joints. The exterior walls of the home are made of alum/vinyl siding. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 7203 Racepoint Way was last sold in May 2, 2017 for $575,000. According to our calculations, that's $247.84 per sqft. Current property owners are expected to pay $7,421 in taxes per year. The property on 7203 Racepoint Way was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $649,010. To break that down further, the land itself was valued at $267,000. While improvements to the property were assessed at a total of $382,010. 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: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Bi-level
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 14,749
  • Total Building Area: 2,320
  • Gross Building Area: 2,576
  • Building Area: 1,840
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,840
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WELLFLEET
  • Land Acres: 0.339
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: WELLFLEET LT 29

Ownership

  • Current Owner : HESS ADAM J
  • Current Owner 2: HESS COLLEEN H
  • Previous Owner : MAURO STEPHEN T
  • Previous Owner 2: MAURO PAMELA C
  • Owner Before Previous Owner: MAURO STEPHEN T
  • Owner Before Previous Owner 2: MAURO PAMELA C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: 130

Geography

  • District: Nov 30, 2003
  • Parcel: 0914-06-0029
  • Lot: 29
  • Municipality: LEE
  • Latitude: 38.7607
  • Longitude: -77.1302

    Address

  • Full Address: 7203 Racepoint Way
  • Address - House Number: 7203
  • Address - Street Name: Racepoint
  • Address - Suffix Type: Way
  • State: VA
  • City Name: Alexandria
  • Carrier Code: C065
  • 4-Digit Zip Code: 4211
  • Zip Code: 22315

Valuation

    Tax

  • Total Area: 1,840
  • Tax Year: 2022
  • Tax Amount: $7,421
  • Tax Rate Code Area: 40000

    Appraisal Valuation

  • Standard Deviation: 0.1044
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 89
  • Final Value: 734,312
  • High Value: 811,006
  • Low Value: 657,618

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $517,500
  • First Open Lien Mortgage Lender: CREDIT UNION MORTGAGE ASSOCIAT
  • First Open Lien Mortgage Recording Date: May 04, 2017
  • First Open Lien Mortgage Loan Amount: $517,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $649,010
  • Market Land Value: $267,000
  • Market Improvement Value: $382,010

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $649,010
  • Assessed Land Value: $267,000
  • Assessed Improvements Value: $382,010

    Sales

  • Current Sale Contract Date: May 02, 2017
  • Current Sale Recording Date: May 04, 2017
  • Current Sale Transaction ID: 1811652042
  • Current Sale Price: $575,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017027577002
  • Previous Sale Recording Date: Jul 26, 2016
  • Previous Sale Contract Date: Jun 03, 2016
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CREDIT UNION MORTGAGE ASSOCIAT
  • First Mortgage Transaction Date: May 04, 2017
  • First Mortgage Loan Amount: $517,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 7203 Racepoint Way located in?
The 7203 Racepoint Way is a located in the neighborhood of Franconia in Franconia, Alexandria.
What is the average sales price for listings in 7203 Racepoint Way?
The average sales price for units in 7203 Racepoint Way is $0 currently.

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