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2003 Freedom Lane

2003 Freedom Lane, Falls Church, VA 22043
Property in McLean
Sold Nov 19, 2002
$575,000
$460,000 by Chase Manhattan Mtg
Mortgage
2003 Freedom Lane in Falls Church, VA was first built in 1969 and is 55 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a bi-level style. There are a total of 2 floors. There are a total of 10 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 2003 Freedom Lane has 2,541 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 412 sqft and has been categorized as a full basement with daylight. In total, the area measurement of the land is 13,927 square feet.

Learn more about the property and building on this page. There is a porch. The roof of the home is made of composition shingle. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The garage is 286 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with brick control joints. The exterior walls of the home are made of brick. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system and being fueled with electricity. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2003 Freedom Lane sold most recently in Oct 31, 2002 for a total of $575,000. If you work out the math, that's approximately a cost of $177.52 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $12,812 in taxes each year. 2003 Freedom Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $1,057,620. If we break it down further, the land itself was valued at $562,000. Improvements to the property, however, were assessed at a total of $495,620. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Brick
  • Building Style: Bi-level
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Full basement with daylight
  • Basement Area: 412
  • Garage Type: Attached
  • Garage Square Area: 286
  • Parking Space Count: 1
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 13,927
  • Total Building Area: 3,239
  • Gross Building Area: 3,435
  • Building Area: 2,541
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,541
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MARLBOROUGH
  • Land Acres: 0.32
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: MARLBOROUGH LT 89

Ownership

  • Current Owner : DEMPSEY STEPHEN
  • Previous Owner : LANGMAID BRADSHAW
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Fairfax County Public Schools
  • Census Tract: 470900

Zoning

  • Zoning: 130

Geography

  • Assessors Map Reference: 040-2
  • District: Aug 31, 2002
  • Parcel: 0402-12-0089
  • Lot: 89
  • Municipality: DRANESVILLE DIST #9
  • Latitude: 38.9098
  • Longitude: -77.1666

    Address

  • Full Address: 2003 Freedom Ln
  • Address - House Number: 2003
  • Address - Street Name: Freedom
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Falls Church
  • Carrier Code: C020
  • 4-Digit Zip Code: 1842
  • Zip Code: 22043

Valuation

    Tax

  • Total Area: 2,541
  • Tax Year: 2022
  • Tax Amount: $12,812
  • Tax Rate Code Area: 20900

    Appraisal Valuation

  • Standard Deviation: 0.1044
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 89
  • Final Value: 1,248,012
  • High Value: 1,378,359
  • Low Value: 1,117,666

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $877,000
  • First Open Lien Mortgage Lender: CHASE MANHATTAN MTG
  • First Open Lien Mortgage Recording Date: Nov 19, 2002
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $460,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • Second Open Lien Mortgage Lender: SANDY SPRING BANK
  • Second Open Lien Mortgage Recording Date: Nov 19, 2012
  • Second Open Lien Mortgage Financing Type: Fixed Rate
  • Second Open Lien Mortgage Loan Amount: $417,000
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Dec 01, 2027

    Market Valuation

  • Market Total Value: $1,057,620
  • Market Land Value: $562,000
  • Market Improvement Value: $495,620

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,057,620
  • Assessed Land Value: $562,000
  • Assessed Improvements Value: $495,620

    Sales

  • Current Sale Contract Date: Oct 31, 2002
  • Current Sale Recording Date: Nov 19, 2002
  • Current Sale Transaction ID: 11470716458
  • Current Sale Price: $575,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CHASE MANHATTAN MTG
  • First Mortgage Transaction Date: Nov 19, 2002
  • First Mortgage Loan Amount: $460,000

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 2003 Freedom Lane located in?
The 2003 Freedom Lane is a located in the neighborhood of McLean in McLean, Falls Church.
What is the average sales price for listings in 2003 Freedom Lane?
The average sales price for units in 2003 Freedom Lane is $0 currently.

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