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8481 Canyon Oak Drive

8481 Canyon Oak Drive, Springfield, VA 22153
Property in Newington
Sold Feb 16, 2017
$365,000
$299,000 by Intercoastal Mortgage Co
Mortgage Due Jul 01, 2050
Sold Oct 27, 2003
$289,500
$231,600 by Wells Fargo Home Mtg
Mortgage
8481 Canyon Oak Drive 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 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 8481 Canyon Oak Drive has 1,409 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 306 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 1,620 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. For the features and amenities located on the property. There is a garage underground or in the basement for those who require parking. The garage measured 242 sqft. 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. 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, 8481 Canyon Oak Drive was last sold in Feb 14, 2017 for $365,000. According to our calculations, that's $212.83 per sqft. Prior to that sales transaction, the property was sold for $289,500 in Jan 1, 1970. Current property owners are expected to pay $5,122 in taxes per year. The property on 8481 Canyon Oak Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $447,900. To break that down further, the land itself was valued at $125,000. While improvements to the property were assessed at a total of $322,900. 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: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Construction Type: Frame
  • Building Style: Bi-level
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Type: Full basement with daylight
  • Basement Area: 306
  • Garage Type: Underground/basement
  • Garage Square Area: 242
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,620
  • Total Building Area: 1,715
  • Gross Building Area: 1,715
  • Building Area: 1,409
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,409
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SPRINGFIELD OAKS
  • Land Acres: 0.037
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: SPRINGFIELD OAKS LT 55 SEC 10

Ownership

  • Current Owner : LEE SUMI A
  • Current Owner 2: LEE KEVIN W
  • Previous Owner : GEBEREEGZIABHER MANYAHLUSHAL
  • Previous Owner 2: MAKONNEN AMMAN
  • Owner Before Previous Owner: HINER WILLIAM D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fairfax County Public Schools
  • Census Tract: 432800

Zoning

  • Zoning: 305

Geography

  • District: Nov 30, 2005
  • Section: 10
  • Parcel: 0993-03-0055
  • Lot: 55
  • Municipality: MT VERNON
  • Latitude: 38.7259
  • Longitude: -77.2052

    Address

  • Full Address: 8481 Canyon Oak Dr
  • Address - House Number: 8481
  • Address - Street Name: Canyon Oak
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Springfield
  • Carrier Code: C045
  • 4-Digit Zip Code: 3575
  • Zip Code: 22153

Valuation

    Tax

  • Total Area: 1,409
  • Tax Year: 2022
  • Tax Amount: $5,122
  • Tax Rate Code Area: 60000

    Appraisal Valuation

  • Standard Deviation: 0.117
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 87
  • Final Value: 519,612
  • High Value: 580,441
  • Low Value: 458,782

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $299,000
  • First Open Lien Mortgage Lender: INTERCOASTAL MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Jun 10, 2020
  • First Open Lien Mortgage Loan Amount: $299,000
  • 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: Jul 01, 2050

    Market Valuation

  • Market Total Value: $447,900
  • Market Land Value: $125,000
  • Market Improvement Value: $322,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $447,900
  • Assessed Land Value: $125,000
  • Assessed Improvements Value: $322,900

    Sales

  • Current Sale Contract Date: Feb 14, 2017
  • Current Sale Recording Date: Feb 16, 2017
  • Current Sale Transaction ID: 1971894543
  • Current Sale Price: $365,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017011257001
  • Previous Sale Recording Date: Oct 27, 2003
  • Previous Sale Amount: $289,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY ASSET CORPORATION
  • First Mortgage Transaction Date: Feb 16, 2017
  • First Mortgage Loan Amount: $310,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO HOME MTG
  • Previous Mortgage Transaction Date: Oct 27, 2003
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $231,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 8481 Canyon Oak Drive located in?
The 8481 Canyon Oak Drive is a located in the neighborhood of Newington in Newington, Springfield.
What is the average sales price for listings in 8481 Canyon Oak Drive?
The average sales price for units in 8481 Canyon Oak Drive is $0 currently.

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