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8040 Reserve Way

8040 Reserve Way, Vienna, VA 22182
Townhouse in Old Courthouse
Local assessors in Vienna, VA have categorized 8040 Reserve Way as a residential type of property. The home was built in 2009 and is 15 years old. The property's lot size has been calculated to be 1,181 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bi-level style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 8040 Reserve Way has a total of 1,760 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement with daylight that is 272 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. The building has a roof that is made of composition shingle. Lots of brick were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a heat pump is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 8040 Reserve Way was last sold in Dec 7, 2021 for $825,000. According to our calculations, that's $406.00 per sqft. Current property owners are expected to pay $8,972 in taxes per year. The property on 8040 Reserve Way was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $751,770. To break that down further, the land itself was valued at $265,000. While improvements to the property were assessed at a total of $486,770. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Driveway

Driveway

Parking

Attached Garage
On-Street Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20211022
10/22/2021
4 Bed
4 Bath
-
$849,500
bedrooms
4 Bed
bathrooms
4 Bath
$825,000 -2.88%
12/09/2021
Mary Mandrgoc
Vienna/Oakton

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Style: Bi-level
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Combination
  • Basement Type: Full basement with daylight
  • Basement Area: 272
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,181
  • Total Building Area: 2,032
  • Gross Building Area: 2,032
  • Building Area: 1,760
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,760
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: RESERVE AT TYSONS CORNER
  • Land Acres: 0.027
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: RESERVE AT TYSONS CORNER LT 55

Ownership

  • Current Owner : LEE SUNGCHAN
  • Previous Owner : HSU SU CHU
  • Previous Owner 2: SU CHU HSU TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Married Man as his sole & separate property

Neighborhood

  • School District Name: Fairfax County Public Schools
  • Census Tract: 460503

Zoning

  • Zoning: 330

Geography

  • Assessors Map Reference: 039-2
  • District: 07-0A-00
  • Parcel: 0392-56-0055
  • Lot: 55
  • Municipality: PROVIDENCE TYSONS SERVICE DIST
  • Latitude: 38.9068
  • Longitude: -77.2202

    Address

  • Full Address: 8040 Reserve Way
  • Address - House Number: 8040
  • Address - Street Name: Reserve
  • Address - Suffix Type: Way
  • State: VA
  • City Name: Vienna
  • Carrier Code: C061
  • 4-Digit Zip Code: 3899
  • Zip Code: 22182

Valuation

    Tax

  • Total Area: 1,760
  • Tax Year: 2022
  • Tax Amount: $8,972
  • Tax Rate Code Area: 70A00

    Appraisal Valuation

  • Standard Deviation: 0.1142
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 88
  • Final Value: 870,070
  • High Value: 969,480
  • Low Value: 770,661

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $660,000
  • First Open Lien Mortgage Lender: FIDELITY DIRECT MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Dec 09, 2021
  • First Open Lien Mortgage Loan Amount: $660,000
  • 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: Jan 01, 2052

    Market Valuation

  • Market Total Value: $751,770
  • Market Land Value: $265,000
  • Market Improvement Value: $486,770

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $751,770
  • Assessed Land Value: $265,000
  • Assessed Improvements Value: $486,770

    Sales

  • Current Sale Contract Date: Dec 07, 2021
  • Current Sale Recording Date: Dec 09, 2021
  • Current Sale Transaction ID: 11874526592
  • Current Sale Price: $825,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021175963.001

    Last Sale Mortgage

  • First Mortgage Lender: FIDELITY DIRECT MORTGAGE LLC
  • First Mortgage Transaction Date: Dec 09, 2021
  • First Mortgage Loan Amount: $660,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

About Tysons Corner



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Frequently Asked Questions

What neighborhood is 8040 Reserve Way located in?
The 8040 Reserve Way is a townhouse located in the neighborhood of Old Courthouse in Tysons Corner, Vienna.
What is the average sales price for listings in 8040 Reserve Way?
The average sales price for units in 8040 Reserve Way is $825,000 currently.

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