Wonderful opportunity to build your own dream house on this prime location property located on a level lot that backs to trees in Falls Church! This property is being sold AS IS.
This property has lots of positive potential. The lot is large. The basement has a full bath and a walk out. The inside of the house is quiet it does not have road noise. The main level is dated but in good condition.
3 years ago• May not reflect the current state of the home
Patricia Stocking
Redfin Associate agent
Sale history for 1721 Olney Rd
Date
Event
Price
BRIGHT MLS #VAFX2128654
Jul 11, 2023
Sold
$650,000
$608/sq ft
Jun 15, 2023
Pending
—
May 22, 2023
Listed
$699,000
$654/sq ft
Public Records
Oct 4, 2005
Sold
$435,000
$407/sq ft
Public Records
Nov 26, 1969
Sold
$25,400
$24/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$8,459 (−2.3%)
$331,000 + $402,300
$733,300
2025
$8,659 (+9.0%)
$331,000 + $402,300
$733,300
2024
$7,945 (+7.7%)
$370,000 + $379,070
$749,070
2023
$7,376 (+5.9%)
$337,000 + $348,770
$685,770
2022
$6,965 (+9.4%)
$327,000 + $326,570
$653,570
2021
$6,364 (+6.1%)
$308,000 + $301,130
$609,130
2020
$5,998 (+3.2%)
$270,000 + $272,350
$542,350
2019
$5,810 (+6.4%)
$270,000 + $236,830
$506,830
2018
$5,462 (+2.4%)
$261,000 + $229,930
$490,930
2017
$5,335 (+0.2%)
$251,000 + $208,550
$459,550
2016
$5,323 (+16.7%)
$251,000 + $208,550
$459,550
2014
$4,560 (+13.6%)
$209,000 + $200,530
$409,530
2013
$4,014 (+6.8%)
$209,000 + $200,530
$409,530
2011
$3,759
$180,000 + $169,130
$349,130
2010
$3,758
$177,000 + $169,130
$346,130
2009
$3,758 (−6.9%)
$174,000 + $165,810
$339,810
2008
$4,038
$183,000 + $174,540
$357,540
Tax history for 1721 Olney Rd
Year
Property tax
Land + Additions
Assessment*
2026
$8,459 (−2.3%)
$331,000 + $402,300
$733,300
2025
$8,659 (+9.0%)
$331,000 + $402,300
$733,300
2024
$7,945 (+7.7%)
$370,000 + $379,070
$749,070
2023
$7,376 (+5.9%)
$337,000 + $348,770
$685,770
2022
$6,965 (+9.4%)
$327,000 + $326,570
$653,570
2021
$6,364 (+6.1%)
$308,000 + $301,130
$609,130
2020
$5,998 (+3.2%)
$270,000 + $272,350
$542,350
2019
$5,810 (+6.4%)
$270,000 + $236,830
$506,830
2018
$5,462 (+2.4%)
$261,000 + $229,930
$490,930
2017
$5,335 (+0.2%)
$251,000 + $208,550
$459,550
2016
$5,323 (+16.7%)
$251,000 + $208,550
$459,550
2014
$4,560 (+13.6%)
$209,000 + $200,530
$409,530
2013
$4,014 (+6.8%)
$209,000 + $200,530
$409,530
2011
$3,759
$180,000 + $169,130
$349,130
2010
$3,758
$177,000 + $169,130
$346,130
2009
$3,758 (−6.9%)
$174,000 + $165,810
$339,810
2008
$4,038
$183,000 + $174,540
$357,540
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
3
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
8,400 Sq. Ft.
Year renovated
—
Sq. Ft.
1,069
Year built
1962
Style
Single Family Residential
County
Fairfax County
APN
0303 18 0003
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 30, 2026.
R-4
Residential District, Four Dwelling Units/Acre
The R-4 District provides for single-family detached dwellings and affordable dwelling unit developments and allows other uses that are compatible with the medium-density residential character of the district.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Public service
Jun 1, 2026 • Active
Residential plumbing
Plumbing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS
School District Source: Listing Agent
Location Information
Outside City Limits
Directions: 495 to Exit 46B, merge onto VA-123N/Dolley Madison Blvd toward Chain Br Rd/McLean; Right onto Anderson Rd; Left onto Magarity Rd; Right onto Olney.
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,069
Stories: 1.0
Lot Size: 8,400 square feet
Style: Single Family Residential
Year Built: 1962
Year Renovated: —
County: Fairfax County
APN: 0303 18 0003
Home facts updated by county records on Jul 30, 2026
Around this home
Schools
Westgate Elementary School
Public PreK-6 • Assigned • 0.5mi
7/10
Kilmer Middle School
Public 7-8 • Assigned • 1.9mi
9/10
Marshall High School
Public 9-12 • Assigned • 1.3mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
7/10 Heat Factor
7 days above 103° expected this year, 16 days in 30 years
4/10 Wind Factor
16% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Falls Church, VA • 22043
Average low and high temperatures (°F)
38
24
44
30
63
41
70
50
73
57
84
67
88
72
81
65
77
62
68
50
58
42
45
30
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.3 hours in
June and 4.2 hours in December, placing it below the
U.S. average for solar exposure.
9.3 hrs
4.2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$733,000 – $887,000
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