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7317 Stafford Road
Alexandria, VA 22307
$1,089,830
Conventional
Property
Bedroom
4
Bathroom
2
Property Type
Conventional
Square ft
2044
Property Description
Open House, Saturday May 4th 2-4 PM Live The ‘Good’man Life Seize this rare opportunity to live in a true mid-century modern home conceptualized by renowned architect Charles Goodman. Goodman believed in using land humanely, "leaving as much of it in its beautiful natural state as possible." This pristine four-bedroom, two-bath home is nestled in sought-after Hollin Hills, a 450-home neighborhood that has earned designation on the Virginia Landmarks Register and National Register of Historic Places. 7317 Stafford Road brings the outdoors in with floor-to-ceiling windows that bathe the home in abundant natural light. Hardwood floors and high ceilings throughout make every room feel both open and airy. The entryway welcomes you with a volume stairwell, exposed brick wall, wood paneling, and a mid-century-inspired chandelier. The freshly refinished natural hardwood floors echo each ray of sunlight. All four bedrooms are found on this level along with a well-appointed hall bath. The bath has been recently updated to include a vanity with double sinks, a granite countertop, and new fixtures. Ample closet space and built-ins in the bedrooms add convenience and ease. Down the broad double-back stair, an open floorplan is enhanced by a large, exposed brick wall and fireplace with a masonry hearth. This level embodies the Mid-Century concept by allowing the spacious living and dining areas to integrate with the beauty of nature, found just beyond the glassy walls. The updated kitchen provides the cook in your household with ample counter space, stainless steel appliances, granite countertops, oak cabinetry, and a large bay window overlooking a wooded vista. A second updated full bath is tucked away just beyond the great room and is ideal for guests. A large sliding door allows easy access to nature’s splendor and a spacious entertaining terrace with room for dining al fresco and gathering friends. A large day-lit laundry/mechanical room plus an under-stair pantry and hidden ‘wine’ storage area provide room for all your household needs. Key updates include new exterior paint, re-finished hardwood flooring, renovated upper-level bath with new fixtures, and an added double bowl vanity with granite countertop along with new interior lighting. This very special home is positioned off the street with a wrap-around drive and well-manicured flower beds. The driveway can accommodate multiple cars and a large Hollin Hills-style shed provides added storage space for bicycles and garden gear. The community has many charming and nostalgic annual events, from the Fourth of July Picnic with sack races and egg toss to Oktoberfest with kegs and brats. Enjoy all that this community offers, including access to Hollin Meadows Swim and Tennis Club and Sherwood Hall Library. This is the one you’ve been waiting for.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1952
MLS Number
VAFX2166678
Location
Address
7317 STAFFORD ROAD
City
ALEXANDRIA
State
VA
Zip Code
22307
County
FAIRFAX (SOUTH)
Listing
Provider
Keller Williams Realty - Arlington, original listing
Name
Keller Williams Realty - Arlington
Phone
(703) 224-6000
Office Name
KW Metro Center
Office Phone
(703) 224-6000
Agent Name
Kathy Fong

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HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.