NOT LISTED FOR SALE

5018 Powell Rd Fairfax, VA 22032

Estimated Value: $824,000 - $861,000

4 Beds
3 Baths
1,500 Sq Ft
$561/Sq Ft Est. Value

Last Sold October 09, 2020

Last sale price $675,000 $450 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $5,148/month

12 Days on Market

Highlights

  • 1 Fireplace
  • No HOA
  • Doors swing in
  • Laurel Ridge Elementary School Rated A-
  • 1 Car Attached Garage
  • Central Air

About This Home

As of October 2020

Welcome Home! Come fall in love with this beautifully maintained split level home! As you approach the driveway you are welcomed by the wonderful solar panels installed in December of 2018, which will convey with the home sale. Ask about the $0 electric bill between the months of April and December. As you walk in you'll find updates galore including hardwood floors throughout, updated kitchen with blue eyes granite and an in sink island with wine fridge, industrial hands free sink petals and a new refrigerator bought in March. They also updated bathrooms and reset lighting throughout! An irrigation system installed in 2019 for easy watering of the professionally landscaped yard! High capacity gutters with gutter guard are also a plus. In 2017 an EcoNet hot water heater was installed and an air handler with heat pump and humidifier in 2013. The stunning stone fireplace was swept this year. Attached to the dinning room you'll find easy access to the beautiful screened in porch to enjoy a cup of coffee in the morning or relax in the evening with a drink or good book. Located close to commuter routes and shopping. A perfect place to call home!

Last Agent to Sell the Property

Roberto Roncales

(703) 636-7300 VirginiaOwner@gmail.com Keller Williams Realty Listed on: 08/27/2020

Keller Williams Realty

Last Buyer's Agent

Peter Huynh

(703) 208-9999 dmvrealtor2@aol.com Westgate Realty Group, Inc. License #0225064569

Westgate Realty Group, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,464

Year Built

  • Built in 1974

Lot Details

  • 9,400 Sq Ft Lot
  • Property is zoned 131

Parking

  • 1 Car Attached Garage
  • Basement Garage

Home Design

  • Split Foyer
  • Brick Exterior Construction

Interior Spaces

  • 1,500 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Natural lighting in basement

Bedrooms and Bathrooms

Accessible Home Design

  • Doors swing in

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Maywood Terrace Subdivision

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 0693 07 0013

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,464

Year Built

Built in 1974

Lot Details

9,400 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Foyer
  • Accessibility Features: Doors - Swing In
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1974
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Daylight, Full
  • Total Sq Ft: 1500
  • Living Area Sq Ft: 1500
  • Price Per Sq Ft: 433.27
  • Above Grade Finished Sq Ft: 1500
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Basement Garage
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 340750.00
  • Land Assessed Value: 220000.00
  • Lot Size Acres: 0.22
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9400.00
  • Zoning: 131
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 19347392
  • Tax Annual Amount: 6464.00
  • Assessor Parcel Number: 0693 07 0013
  • Tax Lot: 13
  • Tax Page Number: 693
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2020
Closed on
Oct 7, 2020
Sold by
Velasquez Jorge A and Velasquez Tamara R
Bought by
Trinh Colin
Seller's Agent
Roberto Roncales
Keller Williams Realty
Buyer's Agent
Peter Huynh
Westgate Realty Group, Inc.
List Price
$649,900
Sold Price
$675,000
Premium/Discount to List
$25,100
3.86%
Current Estimated Value
$841,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,142
Avg. Annual Appreciation
4.13%
Original Mortgage
$540,000
Outstanding Balance
$480,301
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$360,841

Purchase Details

Closed on
Sep 20, 2014
Sold by
Velasquez Jorge A
Bought by
Velasquez Jorge A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,000
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2002
Sold by
Jinn Joseph S
Bought by
Velasquez Jorge A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
6.73%

Purchase Details

Closed on
Jun 22, 2000
Sold by
Lee Sarah S H
Bought by
Jinn Joseph S and Lee,Alexandra J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
8.48%

Purchase Details

Closed on
Oct 10, 1995
Sold by
Brown Laurence G
Bought by
Lee Jung S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,000
Interest Rate
7.86%
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Trinh Colin $675,000 Accommodation
Velasquez Jorge A -- --
Velasquez Jorge A $360,000 --
Jinn Joseph S $265,000 --
Lee Jung S $208,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trinh Colin $540,000
Previous Owner Velasquez Jorge A $398,000
Previous Owner Velasquez Jorge A $342,000
Previous Owner Jinn Joseph S $212,000
Previous Owner Lee Jung S $113,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2020 10/09/20 Sold $675,000 +3.9% $450 / Sq Ft
09/08/2020 09/08/20 Pending -- -- --
08/27/2020 08/27/20 For Sale $649,900 -- $433 / Sq Ft
Source: Bright MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,261 $827,240 $285,000 $542,240
2024 $9,261 $799,360 $280,000 $519,360
2023 $8,877 $786,620 $280,000 $506,620
2022 $8,458 $739,690 $255,000 $484,690
2021 $7,623 $649,560 $235,000 $414,560
2020 $6,636 $560,750 $220,000 $340,750
2019 $6,465 $546,260 $215,000 $331,260
2018 $6,214 $540,360 $215,000 $325,360
2017 $6,050 $521,120 $205,000 $316,120
2016 $5,828 $503,100 $190,000 $313,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAFX1151218

Bright MLS

APN: 0693-07-0013

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