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Backup Offers

4002 University Dr, Fairfax, VA, 22030

$1,295,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
1 Full Bath, 2 Partial
2,302 SqFt
$563/SqFt
Townhouse
Schools Nearby

Location

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4002 University Dr, Fairfax$1,295,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingParking Lot
Year Built1910
HeatingHeat Pump
CoolingNone
MLS #VAFC2003874
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 4002 University Dr

Condo, commercial, multi use, tenant in place but can be delved vacant as well. New 2024 pricing! 2,300 gross SF, utilities paid by tenant , offers total of 8 private offices, retail storefront and or admin area, kitchen area, break room, 3 restrooms & storage closet. Located at one of the best street corners in downtown Fairfax. 2nd floor overlooking Main St & University Drive . Available immediately delivered vacant or with a 2 year existing lease. Also offers 3 private windowed offices on the front corner overlooking Main St & University Dr, with small admin area + shared amenities. Investment portfolio with a 4% cap rate or delivered vacant for buyers use.

Property Details

Property Features

Property Information:

  • Architectural Style: Federal
  • Year Built: 1910
  • Stories: 1
  • Living Area: 2,302 SqFt

Listing Office:

  • Office Name: Samson Properties
  • Office Phone: (301) 760-2136
  • Listing Agent: Benjamin E Nash

Interior Features

Interior Information:

  • Basement: No
  • Interior: Additional Stairway, Carpet, Combination Kitchen/Dining, Floor Plan - Open

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 1
  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Parking: Parking Lot

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: None

School Info

Assigned Schools Information:

  • Daniels Run Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: Unit is located in the Ellicott Building at the intersection of Main St and University Dr. Diagonally across from the Old Courthouse with parking in the public parking lots across University Dr. Entrance to the unit is from the front red door on the main level (Ground Gaia on University Dr side)

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,295,000
  • Price Per SqFt: $563/SqFt

Tax Information:

  • Annual Amount: $5,478
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Fairfax, VA.

Med. Sold Price

$725K

Med. Price/SqFt

$334

Avg. Days On Market

5

# of Sold Homes

131

4002 University Dr vs Fairfax

188 DAYS ON ROCKET

+183 Days

$1,295,000

+$570K More

$563/SqFt

+$228 More

KEY TAKEAWAY

This property is $570K more than the Median Sold Price and $228/SqFt more than other homes in Fairfax, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #VAFC2003874

Listing Office:

  • Office Name: Samson Properties
  • Office Phone: (301) 760-2136
  • Listing Agent: Benjamin E Nash

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2024, 1:45:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 07, 2005Home Sold
$480,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,478$456,500
2020$5,478$456,500
2019$6,071 -
2018$5,592$456,500
2017$5,592$456,500

History based on county public records data.

Payment Calculator

$6,531

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,949

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6495253
5
/10
  • Daniels Run Elementary School

  • 3705 Old Lee Hwy

  • 0.69 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $109,649. The most common annual income of people living in Fairfax, VA is between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4002 University Dr

What is the listing price of this property?

The listing price of 4002 University Dr property is $1,295,000.

What type of property is this?

The property 4002 University Dr is a townhouse located in Fairfax, Virginia, 22030.

Is this property for sale now?

Accepting Backup Offers: 4002 University Dr is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 4002 University Dr are:
Daniels Run Elementary School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,478 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 7, 2005 for $480,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4002 University Dr has 6 bedrooms and 1 full and 2 half bathrooms.

What is the square footage of this property?

The property 4002 University Dr is 2,302 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4002 University Dr is 1910.

Rocket HomesVirginiaFairfax220304002 University Dr

This home is located at 4002 University Dr in Fairfax, VA and zip code 22030 in the Fairfax City neighborhood. This 2,302 square foot home was built in 1910. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 30, 2023 and is currently priced at $1,295,000.

Fairfax, VA housing market in April 2024 saw over 98 listings sold above listed price, more than 17 sold at listed price and over 16 sold below. Between March 2024 and April 2024, Fairfax, VA real estate market has seen increase in the number of listings by 37.9%. Listings spent 5 days on the market in April 2024, and had a median list price of $725,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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