Fairfax County: Real Estate Tax Relief for Elderly and Disabled Residents
If you are over the age of 65 or permanently disabled, Fairfax County has a Real Estate Tax program that will reduce the amount of taxes that you are required to pay on your residence.
Annually, this program helps approximately 8,000 residents save around $24 Million in property taxes!
If you are a first time applicant, the deadline for filing your application is December 31 of the year you are requesting relief. If you are a returning applicant, your filing time is from January 1 through April 1.
There are exceptions for extending your filing time. If you are a first time filer or suffered a hardship and did not file for 2010, you will have until December 31, 2011 to file.
Here are the requirements that must be met to file for the real estate tax relief.
- The home must be your permanent residence…vacation homes do not qualify.
- For age relief, your minimum age must be 65. If you are married, and you and your spouse own the home jointly, either you or your spouse must be at least 65.
- For disability relief, you must be totally and permanently disabled. If you are married and own the home jointly, either you or your spouse must be totally and permanently disabled.
- Combined income for anyone, including you, your spouse, and any relatives that resides in the house must not exceed $72,000. With the exception of your spouse, any relative who resides with you may deduct $6,500 from reported gross income. However, if you are disabled, any relative who resides with you, with the exception of your spouse, may deduct $7,500 from reported gross income.
- Combined net assets of residents of the home including any homeowner and any homeowner’s spouse (not including the home value, one acre of land and all furnishings) must not exceed $340,000.
- If the property was jointly owned, and the co-owner is deceased, you must provide a copy of the death certificate.
If you meet these qualifications, here is the amount of your tax relief:
GROSS INCOME AMOUNT OF TAX RELIEF
$52,000 or less 100%
$52,001 to $62,000 50%
$62,001 to $72,000 25%
If you need an application to apply for the Tax Relief program, please call 703-222-8234; if you have impaired hearing please call 703-222-7594.
I am Jeff Wu and I can assist you with all of your real estate needs in Tysons Corner, McLean, Vienna, or anywhere in Fairfax County. If you are planning on selling your house or purchasing a home, please contact me at Agent Knows Homes.
Open Houses this Weekend in McLean!
Saturday, December 10th 2-4pm
1603 Kirby Rd
Sunday, December 11th 1-4pm
406 Chain Bridge Rd
6405 Old Dominion Dr
734 Lawton St
6302 Kensington St
1731 Melbourne Dr
6547 Old Chesterbrook Rd
1603 Kirby Rd
1902 Woodgate Ln
6509 Bellamine Ct
6601 Old Chesterbrook Rd
1447 Waggaman Cir
1023 Shipman Ln
6132 Ramshorn Dr
6901 Benjamin St
6817 Baron Rd
1460 Waggaman Cir
624 Live Oak Dr
1408 Colleen Ln
1329 Lessard Ln
Open Houses this Weekend in McLean! December 3rd & 4th 2011
22101, 22102 Open Houses (McLean)
Saturday, December 3rd Open Houses
6903 Lupine Ln 1-4pm
1603 Kirby Rd 2-4pm
Sunday, December 4th Open Houses
8445 Portland Pl 10am-5pm
8909 Brook Rd 12-5pm
1519 Pathfinder Ln 1-4pm
871 Centrillion Dr 1-4pm
1201 Old Stable Rd 1-4pm
6405 Old Dominion Dr 1-4pm
6004 Woodley Rd 1-4pm
734 Lawton St 1-4pm
7307 Hooking Rd 1-4pm
6302 Kensington St 1-4pm
1731 Melbourne Dr 1-4pm
1492 Hampton Hill Cir 1-4pm
1497 Teague Dr 1-4pm
7207 Farm Meadow Ct 1-4pm
6547 Old Chesterbrook Rd 1-4pm
1959 Rockingham St 1-4pm
6507 Old Chesterbrook Rd 1-4pm
7337 Lewinsville Park Ct 1-4pm
1808 Lansing Ct 1-4pm
848 Saigon Rd 1-4pm
6901 Benjamin St 1-4pm
Neighborhood Sales Report – Fountains at McLean!
Quick Look at the Neighborhood Sales Report for Fountains at McLean. Several Active & Under Contract as well as Quite a Few Sold within the Last Three Months!
Jeff Wu, your Tysons Corner Specialist! Helping people Buy, Sell & Invest in Real Estate – Have a great Day!
| Status | MLS# | Address | List$ | BRs | BTHs | DOM | SQFT | |||
| Act | FX7690682 | 1539 Lincoln Way #102B | $308,790 | 2 | 2 | 23 | 973 | |||
| Act | FX7730318 | 1504 Lincoln Way #233 | $309,900 | 2 | 2 | 23 | 952 | |||
| Cnko | FX7682653 | 1524 Lincoln Way #231 | $210,000 | 1 | 1 | 23 | 689 | |||
| Cnko | FX7712791 | 1524 Lincoln Way #211 | $250,000 | 2 | 2 | 23 | 952 | |||
| Cont | FX7722549 | 1534 Lincoln Way #102A | $205,500 | 1 | 1 | 23 | 690 | |||
| Status | MLS# | Address | List$ | Sold$ | DOM | BR’s | BA’s | SQFT | ||
|
FX7616045 | 1503 Lincoln Way #104B | $310,000 | $302,500 |
|
2 | 2 | 1,050 | ||
| Sold | FX7630564 | 1509 Lincoln Way #204A | $307,000 | $307,000 | 58 | 2 | 2 | 1,050 | ||
| Sold | FX7678246 | 1504 Lincoln Way #402 | $211,500 | $205,000 | 3 | 1 | 1 | 626 | ||
| Sold | FX7695945 | 1534 Lincoln Way #204 | $220,000 | $201,000 | 14 | 1 | 1 | 762 | ||
| Sold | FX7703263 | 1533 Lincoln Way #303 | $199,000 | $200,000 | 5 | 1 | 1 | 624 |
Microsoft Selects Tysons Corner for its First East Coast Store!
Rick Green, the manager of the new Microsoft store in Tysons Corner, stated that Tysons Corner was selected for its first East Coast store, “because this is where the growth is.” Microsoft opened its fourteenth store in Tysons Corner Center on November 17, 2011.
Since the first 200 people in line received wrist bands for a meet and greet with Joe Jonas along with two complimentary, premier-viewing tickets to a Joe Jonas concert to be held on November 19th; lines started forming on Wednesday to attend the Thursday grand opening! The meet and greet with Joe Jonas was held at a roped-off section of the new store following his concert.
Don’t confuse the newest Microsoft store with the first Apple Store that opened in Tysons Corner in 2001. Yes, Apple opened its first two stores on the same day .. .and Tysons Corner was the site of one of the stores.
Microsoft offers its customers a wide range of PC’s, software, Windows phone, Xbox 360, and games. Their customer service representatives will even provide training on how to use these products.
If you are into gaming, Microsoft offers Xbox and Kinect games; but the best part is you can actually try them out before you decide to make a purchase. Imagine viewing or playing games on the panoramic wall that wraps around the entire store. What an experience!
Make sure you visit the Microsoft store link for valuable coupons. With Christmas right around the corner, you won’t want to miss out on the savings.
I applaud Microsoft, Apple, the American Girl Store and Seasons 52 fresh grill and wine bar for selecting Tysons Corner for their first store locations.
As a lifelong resident and top RealtorR in the Tysons Corner area, I have always known that Tysons Corner is a wonderful location! Tysons Corner is a thriving business center. We continue to attract new businesses and residents.
I am Jeff Wu and I can assist you with all of your real estate needs. Whether you are relocating to this thriving business center, or if you already live here and are selling your house or purchasing your new dream home in Tysons Corner, Vienna or McLean, please contact me at Agent Knows Homes.
Neighborhood Sales Report for Gates of McLean!
Quick look at the Gates of McLean Neighborhood Sales Report. Several under contract with a range of Days on Market. Solds for the last three months with quick details & More!
Map of Gates of McLean
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Thanksgiving in Tysons Corners: Why Not Eat Out?
Well, it’s that time of year … the beginning of the holiday season. Thanksgiving is right around the corner on November 24. Right here in Tysons Corner, there are may ways to celebrate.
Thanksgiving is a holiday that is encased in family tradition. It is a time to reflect on all that we have to be thankful for.
Thanksgiving is also a lot of work! First, there is all of the cooking … sometimes a couple days worth of cooking.
Even for those who really enjoy cooking, does anyone really enjoy cleaning up that kitchen?
So, this year why not give the cooks and cleaner-uppers a real treat…go out for dinner. Say thank you to all of those who have made past Thanksgivings such a special holiday, by treating them to a Thanksgiving feast at one of Virginia’s local restaurants.
Clyde’s Restaurant in Tysons Corner is offering a traditional Thanksgiving dinner with all of the trimmings. This dinner has all of your favorites: turkey with sausage-sage stuffing and gravy, sweet potatoes and whipped potatoes, green beans, cranberry sauce and your choice of pumpkin, apple or pecan pie. It’s $25.95 for adults and $15.95 for a child’s portion.
Ruth’s Chris Steak House in Tysons Corner offers a special three course Thanksgiving dinner. You have a choice of salad or seafood gumbo for your first course. The entree is a roasted turkey breast with sausage and herb stuffing and homemade gravy with cranberry relish. You have your choice of sides and dessert is pumpkin cheesecake with vanilla ice cream. Although price may vary by location, the adult dinner is $34.95 and children can eat for $12.
McCormick & Schmick’s locations in McLean, Arlington and Reston is offering a very family-friendly priced Thanksgiving dinner at $23.95 for adults and only $7.95 for children. The first course is soup or salad. The second course includes turkey with cornbread dressing and pan gravy, mashed potatoes, apple-butternut squash casserole, cranberry sauce and seasonal chef’s vegetables. For dessert, it’s your choice of pumpkin or apple pie.
These are just a few of the many fine restaurants that offer Thanksgiving dinner. For a list of other restaurants that are also serving Thanksgiving dinner, check out, I AM Modern’s recommendations for Northern Virginia and the Washington DC Metropolitan District. The article is from 2010, but the links will bring you to the 2011 menus.
Thanksgiving wouldn’t be complete without a parade. Although it is actually a holiday parade held on Friday November 25, Reston will be hosting its 21st annual Holiday parade at the Reston Town Center. The parade starts at 11:00 a.m. rain or shine and will be an hour long. This year’s theme is Storybook Magic. There will be floats, Macy’s-style balloons, musicians, dancers, and characters from your favorite stories from classical to modern.
After the parade, Santa and Mrs. Clause will be available for pictures until 4:30 p.m. and back at 6:00 to light the Christmas tree. The tree lighting is accompanied by a sing-a-long of traditional Christmas songs.
I am Jeff Wu and I can assist you with all of your real estate needs. Whether you are relocating to this wonderful holiday-spirited area, or if you already live here and are selling your house or purchasing your new dream home in Tysons Corner, McLean, Arlington or Reston, please contact me at Agent Knows Homes.
HAPPY THANKSGIVING AND REMEMBER TO MAKE YOUR RESERVATIONS NOW!
Open Houses in Tysons Corner (22102) November 12th & 13th
Saturday, November 12th
12-4pm:
8100 Spring Hill Farm Dr
Sunday, November 13th
12-4pm:
8100 Spring Hill Farm Dr
1-4pm:
7509 Royal Oak Dr
871 Centrillion Dr
1201 Old Stable Rd
8891 Olson Ct
1256 Spring Hill Rd
8612 Old Dominion Dr
848 Saigon Rd
2-4pm:
1120 Brook Valley Ln
8752 Old Dominion Dr
Open Houses in Tysons Corner (22102)
