$689,900

2 Beds   1 Bath   1,365 Sq. Ft.   Single-Family
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Wayne Rd
Falls Church, VA 22042

Potential Profit
$17,519

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Status: Active
Listing ID: 63779273
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Nearby Foreclosures

Homes near Wayne Rd in Falls Church, Virginia


Learn about Wayne Rd in Falls Church, VA

This single-family property is available as a foreclosure at Wayne Rd. This property features 2 bedrooms and 1 bathrooms, perfect for investment and/or your personal residence. With 1,365 square feet of living space, you can enjoy sizable rooms for comfortable living and flexibility in the common areas for family gatherings. Our team of real estate experts has conducted a thorough analysis of the current market conditions in Falls Church, specifically for Wayne Rd and comparable listings. Based on this expert analysis, the estimated market value is $567,210. This single-family has potential equity of $17,519. If purchased for rental purposes, the monthly rental rate could range between $2,140 and $2,620, providing a solid return on investment. For those interested in resale, the estimated profit from selling is $17,519. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on Wayne Rd are updated daily along with others in Falls Church, Virginia, ensuring you have the most current and accurate information. Since this property is a foreclosure, be sure to check out our Foreclosure Timeline for Wayne Rd below to see detailed and helpful information about what stage of the foreclosure process this listing is in.


Buy this home for as little as

Plus with taxes and insurance

Based on 20% down, 30 year mortgage, with 6% APR

Principal
Interest
Property Taxes
Homeowners Insurance
Total Monthly Ownership Cost

All calculations are estimates provided for informational purposes. Actual amounts may vary by location. It is important to know that mortgage rates are dependent on credit scores, loan timeline, and a down payment amount.

Foreclosure Timeline

Wayne Rd in Falls Church Virginia Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on Wayne Rd
View Foreclosure Status
07/04/25
Bank owned
The lender has taken ownership of this property through a foreclosure auction for the amount of $689,900. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.

What is the city of Falls Church, VA like?

Falls Church, Virginia is a vibrant city known for its blend of urban convenience and suburban tranquility. It boasts a diverse community, with a rich history reflected in its preserved architecture and numerous cultural events throughout the year. Residents enjoy access to various dining options, from trendy eateries to classic diners, creating a dynamic culinary scene.

The city is home to numerous parks and recreational areas, providing ample opportunities for outdoor activities such as hiking, biking, and picnicking. Its proximity to Washington, D.C. allows residents to enjoy both the quieter suburban lifestyle and the bustling city life, making it a desirable location for professionals and families alike.

Education is a key aspect of life in Falls Church, with highly-rated public and private schools. The community actively supports education, promoting a range of extracurricular activities and programs to enhance students' learning experiences. Additionally, a strong sense of community exists with various local events and festivals throughout the year.

Nearby Schools

There are 5 schools in the area. Nearby schools include George Mason High School and Mary Ellen Henderson Middle School.

George Mason High School
Mary Ellen Henderson Middle School
Cherry Hill Elementary School
St. James Catholic School
The Falls Church Academy

Nearby Attractions

There are plenty of activities near this property like Falls Church Community Center, Mary Riley Styles Public Library, and more.

Falls Church Community Center
Mary Riley Styles Public Library
Inova Medical Center
Falls Church City Hall
Eagle Bank Arena

What kind of public transportation is there?


Public transportation options include: Metrobus service connecting to the Washington Metropolitan Area Transit Authority (WMATA), Falls Church City offers several bus routes for local transit, Access to the Orange and Silver Metro lines at West Falls Church station. Other services include ride-sharing services like Uber and Lyft.

Nearby Parks


Parks nearby include Cherry Hill Park, Berman Park and more.

Cherry Hill Park
Berman Park
Cavalier Trail Park
Graham Park
Gerrard Street Park

Cellular & Internet Providers


Services available in the area include cellular and internet options.

Cellular Providers

Verizon
AT&T
T-Mobile
Sprint

Internet Providers

Verizon Fios
Xfinity
AT&T
Cox Communications
Rental Chart
View Rental and Market Value
for Wayne Rd in Falls Church Virginia
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Property Information

Public Records

Community & Neighborhood

This property in Falls Church, VA is located in the West Lawn Subdivision.


Foreclosure

The property located at Wayne Rd in Falls Church, VA is listed as a Foreclosure

Properties like Wayne Rd in Falls Church, Virginia listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers through a local real estate agent or auction house in Falls Church, VA. The longer lenders own properties like this on Wayne Rd, the more eager they become to sell, often at reduced prices.

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:

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Contact Information

Credit Information Center

County Information

Document Center

Rental Value

The estimated rental value for Wayne Rd located in Falls Church, VA is $2,380/month. Comparable homes around Wayne Rd that are rentals have monthly ranges starting as low as $2,140 per month and as high as $2,620 per month. An owner looking to use this property as an investment could bring a return in the area of $2,140 - $2,620 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

Listing History

Start Date End Date Listing Type Bank Name
07/04/25   Foreclosure
04/24/17 05/12/17 Preforeclosure
11/03/14 12/09/14 Preforeclosure
05/12/14 06/09/14 Preforeclosure

Similar Homes Nearby Falls Church, VA


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Wayne Rd
Falls Church, VA 22042

2 Beds   1 Bath   1,365 sq. ft.   Single-Family

$689,900

Status: Active Listing ID: 63779273

Property Information

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Public Records

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Property Description

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Listing URL

https://www.foreclosure.com/listing/address.html?address=Wayne-Rd-Falls-Church-VA-22042/mls-vafx2234412/63779273_lid

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