NOT LISTED FOR SALE

Estimated Value: $2,283,000 - $3,966,000

0.47 Acre
$7,068,583 Price per Acre
20,473 Sq Ft Lot

Last Sold March 18, 2016

Last sale price $925,000

Est. 259% increase in value since last sale

Current estimated payment $22,729/month

23 Days on Market

Highlights

  • 249 Feet of Waterfront
  • Water Oriented
  • Dock Against Bulkhead
  • Sandy Beach
  • 6 Non-Powered Boats Permitted

About This Lot

As of March 2016

WATERFRONT! Last lakefront lot in Lake Barcroft! Almost 1/2 acre on quiet cul-de-sac w/ 249ft shoreline with new seawall! Breathtaking views, deep water! Fabulous opportunity to build dream home in year-round vacation community! Boat, swim, fish on private lake short commute to DC, Tysons, Arlington, and Alexandria. Water, sewer & electric at street!

Last Listed By

Lisa Dubois

RE/MAX Distinctive Real Estate, Inc. License #SP98364425 Listed on: 01/13/2016

RE/MAX Distinctive Real Estate, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,721

Year Built

  • 2020

Lot Details

  • 0.47 Acre Lot
  • 249 Feet of Waterfront
  • Lake Front
  • Sandy Beach
  • No Building Permits
  • Property is zoned 120

HOA Fees

  • $26 Monthly HOA Fees

Schools

  • Baileys Elementary School
  • Glasgow Middle School
  • Justice High School

Utilities

  • Public Hookup Available For Sewer

Listing and Financial Details

  • Tax Lot 986
  • Assessor Parcel Number 61-1-11- -986

Community Details

Overview

  • Barcroft Lake Shores Subdivision

Recreation

  • Water Oriented
  • Property is near a lake
  • Dock Against Bulkhead
  • 6 Non-Powered Boats Permitted

Property Details

Property Type

Land

Est. Annual Taxes

$10,721

Year Built

2020

Lot Details

0

HOA Fees

$26 per month

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • New Construction: No
  • Remarks Public: WATERFRONT! Last lakefront lot in Lake Barcroft! Almost 1/2 acre on quiet cul-de-sac w/ 249ft shoreline with new seawall! Breathtaking views, deep water! Fabulous opportunity to build dream home in year-round vacation community! Boat, swim, fish on private lake short commute to DC, Tysons, Arlington, and Alexandria. Water, sewer & electric at street!
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2020

Interior Features

  • Basement: No
  • Price Per Sq Ft: 48.73
  • Street Number Modifier: 3432

Exterior Features

  • Dock Type: Against Bulkhead Only (Lateral)
  • Water Access: No
  • Water Body Name: LAKE BARCROFT
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: No
  • Water Frontage In Feet: 249

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Hook/Up Avail
  • Water Source: Public Hook-Up Available

Condo/Co-op/Association

  • HOA Fees: 310.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes

Schools

  • School District: FAIRFAX COUNTY PUBLIC SCHOOLS
  • Elementary School: BAILEYS
  • Middle School: GLASGOW
  • High School: JUSTICE
  • School District Key: 121138392980
  • Elementary School: BAILEYS
  • High School: JUSTICE
  • Middle Or Junior School: GLASGOW

Lot Info

  • Lot Size Acres: 0.47
  • Lot Size Area: 20500
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20500.00
  • Possible Use: Residential
  • Year Assessed: 2015
  • Zoning: 120

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 10720.83
  • Assessor Parcel Number: 61-1-11- -986
  • Tax Lot: 986
  • Tax Page Number: 611
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015
  • Close Date: 03/18/2016

Multi Family

  • Dock Slip Conveyance: None Available
  • Mean Low Water Feet: 5
  • Waterfront Features: Sandy Beach

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2018
Sold by
Genock Gebreamlak and Genock Nicholas Goad
Bought by
Goad Nicholas and Gebreamlak Henock
Total Days on Market
23
Current Estimated Value
$3,322,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,800,000
Interest Rate
4.4%
Mortgage Type
Small Business Administration

Purchase Details

Listed on
Jan 13, 2016
Closed on
Mar 16, 2016
Sold by
Crockett Debra E and Blackburn Brigitte R
Bought by
Gebreamlak Henock and Goad Nicholas
Seller's Agent
Lisa Dubois
RE/MAX Distinctive Real Estate, Inc.
Buyer's Agent
Patricia Ammann
Redfin Corporation
List Price
$999,000
Sold Price
$925,000
Premium/Discount to List
-$74,000
-7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.13%

Purchase Details

Listed on
May 18, 2012
Closed on
Feb 1, 2013
Sold by
Allen Charles A
Bought by
Crockett Debra E and Blackburn Brigitte R
Seller's Agent
Joan Sellers
Weichert, REALTORS
Buyer's Agent
Lisa Dubois
RE/MAX Distinctive Real Estate, Inc.
List Price
$999,000
Sold Price
$750,000
Premium/Discount to List
-$249,000
-24.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.93%
Original Mortgage
$562,500
Interest Rate
3.41%
Mortgage Type
Small Business Administration

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Goad Nicholas -- Paragon Title & Escrow
Gebreamlak Henock $925,000 Republic Title Inc
Crockett Debra E $750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goad-Gebreamlak Family Joint R $2,705,000
Closed Goad Nicholas $2,800,000
Previous Owner Crockett Debra E $562,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2016 03/18/16 Sold $925,000 -7.4% --
02/05/2016 02/05/16 Pending -- -- --
01/13/2016 01/13/16 For Sale $999,000 +33.2% --
02/01/2013 02/01/13 Sold $750,000 -24.9% --
11/11/2012 11/11/12 Pending -- -- --
05/18/2012 05/18/12 For Sale $999,000 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $49,918 $3,843,270 $1,352,000 $2,491,270
2023 $46,229 $3,667,000 $1,293,000 $2,374,000
2022 $41,027 $3,195,060 $1,166,000 $2,029,060
2021 $37,381 $2,820,190 $1,071,000 $1,749,190
2020 $15,733 $1,190,000 $1,040,000 $150,000
2019 $13,170 $996,000 $996,000 $150,000
2018 $10,120 $880,000 $880,000 $0
2017 $11,414 $880,000 $880,000 $0
2016 $11,054 $855,000 $855,000 $0
2015 $10,376 $830,000 $830,000 $0
2014 $10,334 $830,000 $830,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001869331

Bright MLS

APN: 0611-11-0986