NOT LISTED FOR SALE

6990 Falls Reach Dr Unit 405 Falls Church, VA 22043

Idylwood Neighborhood

Estimated Value: $514,000 - $611,000

2 Beds
2 Baths
1,120 Sq Ft
$485/Sq Ft Est. Value

Last Sold July 31, 2015

Last sale price $405,000 $362 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,475/month

About This Home

As of July 2015

Well maintained two bedroom two bath apartment with all the extras - stainless steel appliances, granite countertops and laminate wood flooring. Includes large underground assigned parking space. West Falls Church Metro is minutes away by foot and bus service is also nearby - get to DC (Foggy Bottom) in 20 minutes! Walk to Giant, CVS, Starbucks, Staples and various restaurants. Quick drive to Whole Foods, Trader Joes, Harris Teeter, Good Fortune, H-Mart and Great Wall Asian supermarkets,10 mins to Tysons Corner and 12 mins to Mosaic District. $40 per adult application fee and $30 per adult self directed credit report fee (good credit required) as part of application process. Estimated $200 move-in fee payable to Condo Association (non-refundable) + $100 elevator deposit (refundable) + $50 key deposit (refundable). Condo requires bi-annual inspection of HVAC heating/ cooling system by a licensed contractor (lessee pays, est. $50 - $75 per inspection). Absolutely no pets/ no smokers.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2017
Sold by
Mcmurray Joseph Harlan
Bought by
Mcmurray Joseph Harlan and Lin Liting
Current Estimated Value
$543,426

Purchase Details

Listed on
Jun 19, 2015
Closed on
Jul 31, 2015
Sold by
Vallarine Vincent
Bought by
Mcmurray Joseph H
Seller's Agent
Kymber Lovett-Menkiti
Keller Williams Capital Properties
Buyer's Agent
Terry Wilson
Long & Foster Real Estate, Inc.
List Price
$399,900
Sold Price
$405,000
Premium/Discount to List
$5,100
1.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.07%
Original Mortgage
$324,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2007
Sold by
Sonefeld Otto F
Bought by
Vallarine Vincent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,800
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 1996
Sold by
Wfc Village Lp
Bought by
Sonefeld Otto F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,870
Interest Rate
7.97%

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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
Mcmurray Joseph Harlan -- None Available
Mcmurray Joseph H $405,000 --
Vallarine Vincent $426,500 --
Sonefeld Otto F $164,923 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcmurray Joseph H $324,000
Previous Owner Vallarine Vincent $319,800
Previous Owner Sonefeld Otto F $169,870
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2020 09/13/20 Rented $2,090 0.0% --
09/04/2020 09/04/20 For Rent $2,090 0.0% --
08/26/2020 08/26/20 Off Market $2,090 -- --
08/10/2020 08/10/20 Price Changed $2,090 -4.6% $2 / Sq Ft
07/14/2020 07/14/20 Price Changed $2,190 -4.4% $2 / Sq Ft
07/14/2020 07/14/20 For Rent $2,290 0.0% --
05/30/2019 05/30/19 Rented $2,290 0.0% --
05/28/2019 05/28/19 Under Contract -- -- --
04/24/2019 04/24/19 For Rent $2,290 0.0% --
07/31/2015 07/31/15 Sold $405,000 +1.3% $362 / Sq Ft
07/10/2015 07/10/15 Pending -- -- --
06/19/2015 06/19/15 For Sale $399,900 0.0% $357 / Sq Ft
07/02/2014 07/02/14 Rented $2,350 -2.1% --
07/01/2014 07/01/14 Under Contract -- -- --
06/16/2014 06/16/14 For Rent $2,400 -- --

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 $5,375 $463,930 $93,000 $370,930
2023 $5,083 $450,420 $90,000 $360,420
2022 $5,151 $450,420 $90,000 $360,420
2021 $5,082 $433,100 $87,000 $346,100
2020 $4,790 $404,770 $81,000 $323,770
2019 $4,651 $392,980 $81,000 $311,980
2018 $4,659 $405,130 $81,000 $324,130
2017 $4,524 $389,660 $78,000 $311,660
2016 $4,299 $371,100 $74,000 $297,100
2015 $4,141 $371,100 $74,000 $297,100
2014 $3,973 $356,830 $71,000 $285,830
Source: Public Records

Agents Affiliated with this Home

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