Tag: real estate
Annandale real estate market gaining strength
This 5,188-square foot house on Vellex Lane in the Wilburdale neighborhood is on the market for $1,169,888. It has five bedrooms, five bathrooms, a sun room, and much more. [Zillow] The average price of a home sold in Annandale (zip code 22003) in February was $447,450, a 3.47 percent increase over the average home sold … Continued
House on Evergreen Lane expected to be redeveloped
There are plans to replace the small brick house at 4217 Evergreen Lane, Annandale, with a larger, two-story building. Dr. Quan Nguyen, a physician, has been seeing patients in the building since he purchased it in 1984. The house was built in 1941. It’s early in the process; no plans have been filed with Fairfax … Continued
2015 real estate assessment up 5.5 percent in Annandale
Annandale has the highest average increase in assessments. Fairfax County real estate assessments for 2015 rose an average of 3.39 percent for residential properties, the Department of Tax Administration announced Feb. 17. Assessments for properties in Annandale (zip code 22003) rose an average of 5.45 percent – which is more than any other zip code … Continued
Home sale prices in Annandale declining
This 790-square foot one-bedroom condo on Hazeltine Court in the Pinecrest community is on the market for $217,900. [Zillow] The median sales prices of homes sold in December 2014 in Annandale (zip code 22003) was $510,000, a 7.3 percent decline from $550,000 in December 2013. The average sale price last month was $549,104, down 6.8 … Continued
D.C.-based company buys office building in Mason District
5290 Shawnee Road [Cafferty Commercial Real Estate Services] ABC Imaging has closed on a deal to purchase an office building in the Alexandria section of Fairfax County, and will move its 150 employees from Washington, D.C., to the Mason District. [The information reported here is from the Washington Business Journal.] ABC Imaging purchased the 48,000-square … Continued
Annandale home prices rising
The median sales price of a home sold in Annandale (zip code 22003) in November was $542,000. That’s a 9 percent increase from November 2013, according to data provided by realtor Vivianne Couts of Coldwell Banker. The average sales price in November was $558,708, up 12 percent from $498,625 in November of 2013 and up 1.4 … Continued
Tysons redevelopment will transform the entire region
Part of the proposed Arbor Row development in the Westpark Drive area of Tysons. A hundred and fifty years ago, Tysons Corners was literally the intersection of two roads, with not much else. It’s now a traffic-clogged employment center poised to become a big city with a lot more residents. And its name is being … Continued
77 townhouses planned for Columbia Pike
This house on Powell Lane will be torn down to make way for townhouses. Stanley Martin Homes plans to start work soon on the development of 77 townhouses on Columbia Pike between Powell Lane and Madison Lane. Two long-time businesses on that site, Rosslyn Auto Body and Nicholls Imported and Domestic Car Service, have relocated. … Continued
New houses sprouting up on site of former plant nursery
The Westover model home in the Callaway development. Eight homes in the new Callaway housing development on Little River Turnpike in Annandale have already sold – before the first model home opened on Aug. 21. Those sales were made from the Oakton office of the builder, Stanley Martin Homes. The development, on the site of … Continued
Annandale real estate market in the doldrums
This house in the Brook Hill Estates community is on the market for $1.475 million. The housing market in Annandale was pretty flat in June, reports real estate contributor Vivianne Couts of Coldwell Banker. The average price of a home sold in Annandale (zip code 22003) last month was $508,564, down 4 percent from June … Continued
Tenant sought for former bookstore building
This building is available for lease. Bandi Books, the Korean bookstore at 4305 Markham Street, Annandale, closed a couple of weeks ago for the same reason that bookstores everywhere are shutting down. It’s too hard to compete against online book sellers and there’s so much free information available on the internet, says property owner Gary … Continued
Shopping center under construction on Annandale Road
An illustration of the new shopping center. The store names are just examples of what might go there. Remember the old Black Tie Cleaners at 3037 Annandale Road? It’s coming back in the new shopping center under construction on that property. Black Tie, which had been there for some 20 years, closed last October. The … Continued
Fairfax County economy mostly stable
A new report on the economic health of Fairfax County by the county’s Department of Management and Budget shows slight improvements in some indicators, while others are down a bit or unchanged. Here are some key findings: The unemployment rate in Fairfax County decreased from 4.1 percent in March 2014 to 3.6 percent in April … Continued
Owner of Annandale title company pleads guilty to mortgage fraud
Marinay Jose Marinay, 52, of Annandale, Virginia, pleaded guilty May 27 to conspiracy to commit wire fraud for his involvement in a short sale mortgage fraud conspiracy, the U.S. Attorney’s Office for the Eastern District of Virginia reports. Marinay was indicted April 15 by a federal grand jury on multiple charges. He is scheduled to … Continued
Annandale real estate market holding steady
This four-bedroom house at 8205 Guinevere Drive in the Camelot neighborhood in Annandale, is on the market for $717,700. [Photo from Zillow] The real estate market in Annandale (zip code 22003) appeared to be sluggish in April 2014, according to data provided by realtor Vivianne Couts of Coldwell Banker. The dollar volume of homes sold … Continued