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3908 Fairview Drive

3908 Fairview Drive, Fairfax, VA 22031
Property in Fairfax
Sold May 20, 2021
$545,000
$490,500 by Embrace Home Loans Inc
Mortgage Due Jun 01, 2051
Sold Dec 08, 2008
$300,000
$270,000 by Prosperity Mortgage Co
Mortgage
3908 Fairview Drive has been categorized by the local assessors in Fairfax, VA as a residential type of property. The building on the property was first built in 1951 and is 73 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. In addition, 3908 Fairview Drive has 962 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 14,138 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler 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. The exterior walls of the building are made of masonry. There is a single fireplace in the home. Perfect for those wintery 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, 3908 Fairview Drive sold most recently in May 18, 2021 for a total of $545,000. If you work out the math, that's approximately a cost of $566.53 per sqft. Before that, the property was also sold for $300,000 in Dec 4, 2008. 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 $5,777 in taxes each year. 3908 Fairview Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $563,600. If we break it down further, the land itself was valued at $233,200. Improvements to the property, however, were assessed at a total of $330,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1951
  • Effective Year Built: 1951
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Masonry
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 14,138
  • Lot Size Frontage Feet: 0
  • Total Building Area: 962
  • Building Area: 962
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 962
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FAIRVIEW
  • Land Acres: 0.325
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FAIRVIEW SEC 4 LT 23 - 14138 SF 9549-1921

Ownership

  • Current Owner : FARLEY GREGORY S
  • Current Owner 2: FARLEY ANN H
  • Previous Owner : GANDER KARIN
  • Owner Before Previous Owner: CHUNG MYONG DO
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fairfax City Public Schools
  • Census Tract: 300300

Zoning

  • Zoning: RESIDENTIA

Geography

  • Account Number: 64073
  • Parcel: 57-4-03-00-023
  • Lot: 23
  • Latitude: 38.8477
  • Longitude: -77.2939

    Address

  • Full Address: 3908 Fairview Dr
  • Address - House Number: 3908
  • Address - Street Name: Fairview
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Fairfax
  • Carrier Code: C005
  • 4-Digit Zip Code: 3413
  • Zip Code: 22031

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,777

    Appraisal Valuation

  • Standard Deviation: 0.125
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 86
  • Final Value: 610,598
  • High Value: 686,925
  • Low Value: 534,270

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $490,500
  • First Open Lien Mortgage Lender: EMBRACE HOME LOANS INC
  • First Open Lien Mortgage Recording Date: May 20, 2021
  • First Open Lien Mortgage Loan Amount: $490,500
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $563,600
  • Market Land Value: $233,200
  • Market Improvement Value: $330,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $563,600
  • Assessed Land Value: $233,200
  • Assessed Improvements Value: $330,400

    Sales

  • Current Sale Contract Date: May 18, 2021
  • Current Sale Recording Date: May 20, 2021
  • Current Sale Transaction ID: 11836322691
  • Current Sale Price: $545,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021087496.001
  • Previous Sale Recording Date: Dec 08, 2008
  • Previous Sale Contract Date: Dec 04, 2008
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EMBRACE HOME LOANS INC
  • First Mortgage Transaction Date: May 20, 2021
  • First Mortgage Loan Amount: $490,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: PROSPERITY MORTGAGE CO
  • Previous Mortgage Transaction Date: Dec 08, 2008
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $270,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Fairfax



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Frequently Asked Questions

What neighborhood is 3908 Fairview Drive located in?
The 3908 Fairview Drive is a located in the neighborhood of Fairfax in Fairfax, Fairfax.
What is the average sales price for listings in 3908 Fairview Drive?
The average sales price for units in 3908 Fairview Drive is $0 currently.

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