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7301 Burroughs Lane

7301 Burroughs Lane, Falls Church, VA 22043
Property in Pimmit Hills
Sold Dec 01, 2022
$875,000
Sold Nov 19, 1998
$156,000
$124,800 by Standard Mtg Corp Of Ga
Mortgage
7301 Burroughs Lane has been categorized by the local assessors in Falls Church, VA as a residential type of property. The building on the property was first built in 1950 and is 74 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 7301 Burroughs Lane has 1,432 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 20,000 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 406 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a porch and a patio. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The roof of the building is made of composition shingle. The exterior walls of the building are made of wood. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 7301 Burroughs Lane was last sold in Dec 1, 2022 for $875,000. According to our calculations, that's $611.03 per sqft. Prior to that sales transaction, the property was sold for $156,000 in Nov 18, 1998. Current property owners are expected to pay $7,903 in taxes per year. The property on 7301 Burroughs Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $691,160. To break that down further, the land itself was valued at $385,000. While improvements to the property were assessed at a total of $306,160. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 406
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 20,000
  • Total Building Area: 1,432
  • Gross Building Area: 1,630
  • Building Area: 1,432
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,432
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BURROUGHS
  • Land Acres: 0.459
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: BURROUGHS LT 12

Ownership

  • Current Owner : BELL JOINT REVOCABLE TRUST
  • Previous Owner : LEONARD EILEEN M
  • Owner Before Previous Owner: BEACH MONICA A
  • Ownership Rights Codes: Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Fairfax County Public Schools
  • Census Tract: 471100

Zoning

  • Zoning: 120

Geography

  • Assessors Map Reference: 040-1
  • District: Dec 31, 2001
  • Parcel: 0401-07-0012
  • Lot: 12
  • Municipality: DRANESVILLE DIST #1
  • Latitude: 38.9033
  • Longitude: -77.1968

    Address

  • Full Address: 7301 Burroughs Ln
  • Address - House Number: 7301
  • Address - Street Name: Burroughs
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Falls Church
  • Carrier Code: C008
  • 4-Digit Zip Code: 2718
  • Zip Code: 22043

Valuation

    Tax

  • Total Area: 1,026
  • Tax Year: 2022
  • Tax Amount: $7,903
  • Tax Rate Code Area: 20100

    Appraisal Valuation

  • Standard Deviation: 0.1044
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 89
  • Final Value: 815,176
  • High Value: 900,315
  • Low Value: 730,036

    Market Valuation

  • Market Total Value: $691,160
  • Market Land Value: $385,000
  • Market Improvement Value: $306,160

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $691,160
  • Assessed Land Value: $385,000
  • Assessed Improvements Value: $306,160

    Sales

  • Current Sale Contract Date: Dec 01, 2022
  • Current Sale Recording Date: Dec 01, 2022
  • Current Sale Transaction ID: 11899546788
  • Current Sale Price: $875,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 80479
  • Previous Sale Recording Date: Nov 19, 1998
  • Previous Sale Contract Date: Nov 18, 1998
  • Previous Sale Amount: $156,000
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: STANDARD MTG CORP OF GA
  • Previous Mortgage Transaction Date: Nov 19, 1998
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $124,800

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Frequently Asked Questions

What neighborhood is 7301 Burroughs Lane located in?
The 7301 Burroughs Lane is a located in the neighborhood of Pimmit Hills in Pimmit Hills, Falls Church.
What is the average sales price for listings in 7301 Burroughs Lane?
The average sales price for units in 7301 Burroughs Lane is $0 currently.

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