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7372 Stream Way

7372 Stream Way, Springfield, VA 22152
Townhouse in West Springfield
Sold Aug 14, 2020
$450,000
$360,000 by Draper & Kramer Mortgage Corp
Mortgage Due Sep 01, 2050
Sold Feb 14, 2013
$342,000
$322,050 by Suntrust Mortgage Inc
Mortgage
7372 Stream Way has been categorized by the local assessors in Springfield, VA as a residential type of property. The building on the property was first built in 1985 and is 39 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 7372 Stream Way has 1,294 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement with daylight that is 320 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 1,400 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bi-level 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. Residents will have the luxury of enjoying 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 alum/vinyl siding. 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 heat pump 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. 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, 7372 Stream Way sold most recently in Aug 12, 2020 for a total of $450,000. If you work out the math, that's approximately a cost of $278.81 per sqft. Before that, the property was also sold for $342,000 in Feb 11, 2013. 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 $5,243 in taxes each year. 7372 Stream Way was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $458,520. If we break it down further, the land itself was valued at $120,000. Improvements to the property, however, were assessed at a total of $338,520. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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

Brick Exterior

Parking

Assigned Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • 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
  • 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: 1,614
  • Gross Building Area: 1,614
  • Building Area: 1,294
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,294
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ROLLING FOREST SEC 4A
  • Land Acres: 0.032
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: ROLLING FOREST LT 111 SEC 4A

Ownership

  • Current Owner : PARK DUKHYUN
  • Current Owner 2: KIM GEENA ELIZABETH
  • Previous Owner : DONNELLY MICHAEL P
  • Previous Owner 2: DONNELLY SAIKHANTSETSEG B
  • Owner Before Previous Owner: KOHAN GARY
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Fairfax County Public Schools
  • Census Tract: 431400

Zoning

  • Zoning: 303

Geography

  • Assessors Map Reference: 089-4
  • District: Nov 30, 2007
  • Section: 4A
  • Parcel: 0894-11-0111
  • Lot: 111
  • Municipality: SPRINGFIELD
  • Latitude: 38.759
  • Longitude: -77.2216

    Address

  • Full Address: 7372 Stream Way
  • Address - House Number: 7372
  • Address - Street Name: Stream
  • Address - Suffix Type: Way
  • State: VA
  • City Name: Springfield
  • Carrier Code: C026
  • 4-Digit Zip Code: 3600
  • Zip Code: 22152

Valuation

    Tax

  • Total Area: 1,280
  • Tax Year: 2022
  • Tax Amount: $5,243
  • Tax Rate Code Area: 80000

    Appraisal Valuation

  • Standard Deviation: 0.0984
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 90
  • Final Value: 536,523
  • High Value: 589,329
  • Low Value: 483,717

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $360,000
  • First Open Lien Mortgage Lender: DRAPER & KRAMER MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Aug 14, 2020
  • First Open Lien Mortgage Loan Amount: $360,000
  • 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: Sep 01, 2050

    Market Valuation

  • Market Total Value: $458,520
  • Market Land Value: $120,000
  • Market Improvement Value: $338,520

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $458,520
  • Assessed Land Value: $120,000
  • Assessed Improvements Value: $338,520

    Sales

  • Current Sale Contract Date: Aug 12, 2020
  • Current Sale Recording Date: Aug 14, 2020
  • Current Sale Transaction ID: 11783934385
  • Current Sale Price: $450,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020087262.001
  • Previous Sale Recording Date: Feb 14, 2013
  • Previous Sale Contract Date: Feb 11, 2013
  • Previous Sale Amount: $342,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: DRAPER & KRAMER MORTGAGE CORP
  • First Mortgage Transaction Date: Aug 14, 2020
  • First Mortgage Loan Amount: $360,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: SUNTRUST MORTGAGE INC
  • Previous Mortgage Transaction Date: Feb 14, 2013
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $322,050
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About West Springfield



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Frequently Asked Questions

What neighborhood is 7372 Stream Way located in?
The 7372 Stream Way is a townhouse located in the neighborhood of West Springfield in West Springfield, Springfield.
What is the average sales price for listings in 7372 Stream Way?
The average sales price for units in 7372 Stream Way is $450,000 , or $281/sqft. currently.

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