See Home Value
$1,254,500
● House - Off Market

8881 OLIVE MAE CIR

FAIRFAX, VA 22031
bedrooms
4 Beds
bathrooms
6 Baths, 1 Half Bath
square feet
5,000 Ft²
$6,593
Est. Monthly
$210
HOA / Fees
3.49%
Cap Rate

About This Property

The House was off the market for a while for remodeling, including replacing carpeting throughout the house with hardwood floors, replacing all kitchen appliances with top-of-the-line Thermador, and repainting the entire house.  The remodel cost to over $100,000.

🏡 Welcome to the epitome of luxury living at the prestigious Armistead Model by Basheer & Edgemoore! This exquisite 4-level colonial masterpiece boasts elegance and sophistication at every turn, offering unparalleled comfort and style for discerning homeowners.--As you step inside, be greeted by the grandeur of hardwood floors adorning the all level, leading you through a charming entry foyer into a gracious sitting room-a perfect space for welcoming guests and fostering warm conversations.--Indulge in the seamless fusion of style and functionality in the family room, featuring majestic columns, soaring ceiling heights, and a stunning fireplace, creating an inviting ambiance for relaxation and entertainment. The adjacent gourmet kitchen, breakfast room, and family room form the heart of the home, providing an ideal backdrop for hosting memorable gatherings.--Prepare culinary delights in the chef-inspired kitchen, adorned with granite countertops and all kitchen appliances with top-of-the-line Thermador, ensuring both beauty and practicality in every culinary endeavor.--Retreat to the luxurious Primary Suite on the second floor, where comfort meets sophistication. Delight in the expansive sitting room, accented by a two-sided gas fireplace, two walk-in closets, and a private veranda offering serene views. Pamper yourself in the opulent ensuite bath, featuring a tiled oversized shower and dual toilets, epitomizing indulgent relaxation.--Discover additional comfort and privacy in the three ample bedrooms, each boasting ensuite baths-a haven for rest and rejuvenation. Enjoy the convenience of a full bath with balcony access in the second bedroom and a secluded fourth bedroom with a terrace on the loft level, providing versatility and charm.--Perfectly situated near Metro, Mosaic District, Tysons Corner, and major transportation routes including I-66 and the Beltway, this home offers unparalleled convenience for commuters and urban explorers alike.--Experience worry-free living with lawn care included in the HOA and the added peace of mind with recently replaced HVAC systems in 2021 and 2022, as well as a new roof installed in 2021.--Don't miss this extraordinary opportunity to experience the pinnacle of luxury living. Contact us today to schedule a viewing and make this breathtaking residence your own. Act now, as the seller requires a 30 days rent-back. 🌟
Unit Size
5,000 Ft²
Days on Market
46 days
Land Size
0.09 acres
Price per sqft
$260
Property Type
House
Property Taxes
$981
HOA Dues
$210
Year Built
2008

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (Bright MLS #VAFX2174112)

Price History

Date / Event Date Event Price
Sep 6, 2024 Sold
Sold
Jul 22, 2024 In contract -
In contract
Jul 11, 2024 Price Increased $1,299,900
↑ $25K (2%)
Price Increased
Jun 6, 2024 Price Increased $1,275,000
↑ $25K (2%)
Price Increased
May 30, 2024 Price Decreased $1,250,000
↓ $50K (3.8%)
Price Decreased
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 40
  • Exterior Walls Type: 6
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 15
  • Basement Type: 1
  • Basement Area: 726
  • Garage Type: 1
  • Garage Square Area: 400
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0
  • Location Influence Type: 206

    Dimensions

  • Lot Size Square Feet: 4,000
  • Total Building Area: 5,368
  • Gross Building Area: 5,368
  • Building Area: 4,242
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 4,242
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CEDAREST ASSEMBLAGE
  • Land Acres: 0000000092
  • Standard Land Use Code: 1001
  • County Land Use Code: 011
  • Legal Description 1: CEDAREST ASSEMBLAGE LT 18

Neighborhood

  • School District Name: Fairfax County Public Schools
  • Census Tract: 461604

Zoning

  • Zoning: 305

Geography

  • Assessors Map Reference: 048-4
  • District: Nov 30, 2006
  • Parcel: 0484-27-0018
  • Lot: 18
  • Municipality: PROVIDENCE
  • Latitude: 38.8735
  • Longitude: -77.2507

    Address

  • Full Address: 8881 Olive Mae Cir
  • Address - House Number: 8881
  • Address - Street Name: Olive Mae
  • Address - Suffix Type: Cir
  • State: VA
  • City Name: Fairfax
  • Carrier Code: C063
  • 4-Digit Zip Code: 1479
  • Zip Code: 22031

Valuation

    Tax

  • Total Area: 4,242
  • Tax Year: 2022
  • Tax Amount: $1,020,288
  • Tax Rate Code Area: 70000

    Appraisal Valuation

  • Standard Deviation: 0.1132
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 88
  • Final Value: 1,183,039
  • High Value: 1,316,996
  • Low Value: 1,049,082

    Market Valuation

  • Market Total Value: $892,250
  • Market Land Value: $317,000
  • Market Improvement Value: $575,250

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $892,250
  • Assessed Land Value: $317,000
  • Assessed Improvements Value: $575,250

    Sales

  • Current Sale Contract Date: Nov 30, 2009
  • Current Sale Recording Date: Dec 01, 2009
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 200938966019
  • Previous Sale Recording Date: Dec 19, 2008
  • Previous Sale Contract Date: Dec 18, 2008
  • Previous Sale Amount: $750,000
  • Previous Sale Document Type: 68
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Merrifield


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 8853 Modano Place, FAIRFAX, VA, 22031

$3,800 /mo

  • 3 Beds
  • 3 Baths
  • 2,068 ft²
8853 Modano Place, FAIRFAX, VA, 22031 Listing by Michael G Huang
Unit for rent at 203 Locust Street Sw, VIENNA, VA, 22180

$3,900 /mo

  • 3 Beds
  • 3 Baths
  • 1,276 ft²
203 Locust Street Sw, VIENNA, VA, 22180 Listing by Laura Yi
Unit for rent at 2833 Grace Forest Place, VIENNA, VA, 22180

$4,250 /mo

  • 3 Beds
  • 3 Baths
  • 2,330 ft²
2833 Grace Forest Place, VIENNA, VA, 22180 Listing by Jitendra Chandna


Frequently Asked Questions

When was property at 8881 Olive Mae Circle built and last sold?
The property at 8881 Olive Mae Circle was built in 2008 and last sold on Nov 30, 2009 for $845,000.
How much is this home worth?
The estimated value of the home located at 8881 Olive Mae Circle is $0.
What are some comparable homes to 8881 Olive Mae Circle?
There are currently no comparable homes to 8881 Olive Mae Circle.