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7511 Ferber Place

7511 Ferber Place, Springfield, VA 22151
Sold Jun 01, 2020
$564,500
$479,000 by Iapprove Lending Inc
Mortgage Due Jun 01, 2050
Sold May 19, 2014
$485,500
$476,705 by George Mason Mortgage Llc
Mortgage
7511 Ferber Place 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 1988 and is 36 years old. The home has a total of 9 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. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 7511 Ferber Place has 1,576 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 partial basement with daylight that is 948 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 13,509 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. Residents will have the luxury of enjoying both a open 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 brick control joints. The roof of the building is made of composition shingle. The exterior walls of the building are made of brick. 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. 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, 7511 Ferber Place sold most recently in May 27, 2020 for a total of $564,500. If you work out the math, that's approximately a cost of $223.65 per sqft. Before that, the property was also sold for $485,500 in May 16, 2014. 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 $7,197 in taxes each year. 7511 Ferber Place was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $629,380. If we break it down further, the land itself was valued at $227,000. Improvements to the property, however, were assessed at a total of $402,380. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Brick
  • Building Style: Unknown
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Partial basement with daylight
  • Basement Area: 948
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 13,509
  • Total Building Area: 2,524
  • Gross Building Area: 2,524
  • Building Area: 1,576
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,576
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: NORTH SPRINGFIELD
  • Land Acres: 0.31
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: NORTH SPRINGFIELD LT 20 BLK 42 SEC 17

Ownership

  • Current Owner : PEREZ JOSE ANTONIO
  • Previous Owner : HALL MICHAEL S
  • Previous Owner 2: HALL AMY C
  • Owner Before Previous Owner: COFFIN TIMOTHY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Sole Owner

Neighborhood

  • School District Name: Fairfax County Public Schools
  • Census Tract: 452400

Zoning

  • Zoning: 130

Geography

  • Assessors Map Reference: 071-3
  • District: Nov 30, 2002
  • Section: 17
  • Parcel: 0713-04420020
  • Block: 42
  • Lot: 20
  • Municipality: BRADDOCK
  • Latitude: 38.8068
  • Longitude: -77.2049

    Address

  • Full Address: 7511 Ferber Pl
  • Address - House Number: 7511
  • Address - Street Name: Ferber
  • Address - Suffix Type: Pl
  • State: VA
  • City Name: Springfield
  • Carrier Code: C006
  • 4-Digit Zip Code: 2932
  • Zip Code: 22151

Valuation

    Tax

  • Total Area: 1,576
  • Tax Year: 2022
  • Tax Amount: $7,197
  • Tax Rate Code Area: 30000

    Appraisal Valuation

  • Standard Deviation: 0.1142
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 88
  • Final Value: 708,567
  • High Value: 789,498
  • Low Value: 627,635

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $479,000
  • First Open Lien Mortgage Lender: IAPPROVE LENDING INC
  • First Open Lien Mortgage Recording Date: Jun 01, 2020
  • First Open Lien Mortgage Loan Amount: $479,000
  • 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: Jun 01, 2050

    Market Valuation

  • Market Total Value: $629,380
  • Market Land Value: $227,000
  • Market Improvement Value: $402,380

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $629,380
  • Assessed Land Value: $227,000
  • Assessed Improvements Value: $402,380

    Sales

  • Current Sale Contract Date: May 27, 2020
  • Current Sale Recording Date: Jun 01, 2020
  • Current Sale Transaction ID: 11766423184
  • Current Sale Price: $564,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020050134.001
  • Previous Sale Recording Date: May 19, 2014
  • Previous Sale Contract Date: May 16, 2014
  • Previous Sale Amount: $485,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: IAPPROVE LENDING INC
  • First Mortgage Transaction Date: Jun 01, 2020
  • First Mortgage Loan Amount: $479,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: GEORGE MASON MORTGAGE LLC
  • Previous Mortgage Transaction Date: May 19, 2014
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $476,705
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA

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Frequently Asked Questions

What neighborhood is 7511 Ferber Place located in?
The 7511 Ferber Place is a house located in the neighborhood of North Springfield in North Springfield, Springfield.
What is the average sales price for listings in 7511 Ferber Place?
The average sales price for units in 7511 Ferber Place is $0 currently.

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