7401 Park Terrace Dr
Alexandria, VA 22307
4 bd 3 ba 2,828 sqft Built 1962 Lot 20,909 sqft single_family
Most recent sale
$1,260,000
Aug 17, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 17, 2022 | Sold | $1,260,000 | MLS #VAFX2067496 |
| Jun 17, 2022 | Listed | $1,260,000 | MLS #VAFX2067496 |
| Nov 15, 2019 | Sold | $923,000 | MLS #VAFX1094710 |
| Jul 19, 2019 | Price changed | $967,900 | MLS #VAFX1071080 |
| Jun 17, 2019 | Listed | $979,900 | MLS #VAFX1071080 |
| Jun 19, 1997 | Sold | $355,000 | Public Record |
| Oct 18, 1971 | Sold | $71,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $727,560 | $594,000 | $1,321,560 | $15,887 |
| 2024 | $727,560 | $594,000 | $1,321,560 | $14,650 |
| 2023 | $646,670 | $528,000 | $1,174,670 | $13,746 |
| 2022 | $571,860 | $510,000 | $1,081,860 | $12,846 |
| 2021 | $563,900 | $486,000 | $1,049,900 | $12,721 |
| 2020 | $475,400 | $441,000 | $916,400 | $11,719 |
| 2019 | $452,000 | $459,000 | $911,000 | $11,167 |
| 2018 | $414,680 | $421,000 | $835,680 | $9,610 |
| 2017 | $414,680 | $393,000 | $807,680 | $9,722 |
| 2016 | $414,680 | $393,000 | $807,680 | $9,702 |
| 2015 | $440,720 | $393,000 | $833,720 | $9,649 |
| 2014 | $440,720 | $393,000 | $833,720 | $9,628 |
| 2013 | $416,630 | $371,000 | $787,630 | $9,056 |
| 2012 | $393,050 | $351,000 | $744,050 | $8,500 |
| 2011 | $415,430 | $450,000 | $865,430 | $9,744 |
| 2010 | $391,460 | $433,000 | $824,460 | $9,464 |
| 2009 | $395,410 | $433,000 | $828,410 | $8,969 |
| 2008 | $407,640 | $446,000 | $853,640 | $8,207 |
| 2007 | $432,640 | $421,000 | $853,640 | $7,935 |
Property facts
Year built
1962
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,828 sqft
Lot size
20,909 sqft
ZIP code
22307
City
Alexandria
Street
Park Terrace Dr
Coordinates
38.75683, -77.04970
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,242
Gross rental yield
4.04%
Implied cap rate
2.63%
Trend-extrapolated value
—
Frequently asked questions
When did 7401 Park Terrace Dr last sell?
7401 Park Terrace Dr most recently sold on Aug 17, 2022 for $1,260,000.
What is the current tax assessment for 7401 Park Terrace Dr?
The most recent total assessment for 7401 Park Terrace Dr (year 2025) is $1,321,560 with $15,887 in property tax.
How does 7401 Park Terrace Dr's assessment compare to its last sale price?
The current assessment is 4.9% above the last sale price of $1,260,000.
When was 7401 Park Terrace Dr built?
7401 Park Terrace Dr was built in 1962.
How does 7401 Park Terrace Dr compare to others on Park Terrace Dr?
We track 8 other properties on Park Terrace Dr. Browse the list under "Other properties on Park Terrace Dr" to compare beds, baths, and sale history.
What are the property facts for 7401 Park Terrace Dr?
7401 Park Terrace Dr is a 4 bed, 3 bath, 2,828 sqft, 20,909 sqft lot single_family.
Is 7401 Park Terrace Dr a flip candidate?
No — 7401 Park Terrace Dr does not appear in our flips dataset.
Is 7401 Park Terrace Dr a tax-appeal candidate?
No — 7401 Park Terrace Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.2%
Implied 1-yr
+0.7%
2026 Q3
$732.7K
2026 Q4
$733.9K
ZIP 22307 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Park Terrace Dr