Seller's Agent in 2024
Olga Teets
Pearson Smith Realty, LLC
(703) 795-3327
1 in this area
29 Total Sales
5100 Summit Dr Fairfax, VA 22030
Estimated Value: $741,000 - $899,420
4
Beds
3
Baths
4,222
Sq Ft
$190/Sq Ft
Est. Value
Highlights
- Transitional Architecture
- 2 Fireplaces
- Intercom
- Willow Springs Elementary School Rated A
- No HOA
- Central Air
About This Home
As of December 2024Discover the perfect canvas for your vision in this prime, one-acre property located in a serene, tucked-away community just one minute from Fairfax County Parkway and I-66. Whether you're an investor looking for your next profitable flip, a builder searching for the ideal lot for a custom project, or a homeowner dreaming of constructing your forever home or a luxurious mini-mansion, this property offers unparalleled potential.
The existing single-family 4 bedroom, 3 bath home is a prime candidate for a complete tear-down, making way for a custom-built masterpiece tailored to your exact specifications. The expansive lot provides ample space for a sprawling layout, outdoor amenities, or even lush landscaping to create your private oasis.
Enjoy the best of both worlds: a peaceful, secluded setting with the convenience of quick access to major highways, shopping, dining, and top-tier schools. The property's unbeatable location ensures a perfect balance of privacy and connectivity.
Opportunities like this are rare in this highly desirable area. With plenty of options to reimagine or rebuild, this property is an investor’s dream and a homeowner’s gateway to their ideal future. Don’t miss your chance to make your mark on this exceptional lot and bring your vision to life!
Schedule your showing today – this opportunity won’t last long! Property sold AS IS
Last Agent to Sell the Property
(703) 795-3327 olgateets@gmail.com Pearson Smith Realty, LLC License #0225100337 Listed on: 11/29/2024
Last Buyer's Agent
(301) 806-8871 carolstrasfeld@gmail.com Unrepresented Buyer Office
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,124
Year Built
- Built in 1964
Lot Details
- 0.93 Acre Lot
- Property is zoned 110
Parking
- Driveway
Home Design
- Transitional Architecture
- Brick Exterior Construction
- Block Foundation
Interior Spaces
- Property has 1 Level
- 2 Fireplaces
- Brick Fireplace
- Natural lighting in basement
- Intercom
Kitchen
- Built-In Oven
- Cooktop
- Dishwasher
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Schools
- Willow Springs Elementary School
- Katherine Johnson Middle School
- Fairfax High School
Utilities
- Central Air
- Heating System Uses Oil
- Hot Water Baseboard Heater
- Well
- Oil Water Heater
- Septic Equal To The Number Of Bedrooms
Community Details
- No Home Owners Association
- Crystal Springs Subdivision
Listing and Financial Details
- Tax Lot 3
- Assessor Parcel Number 0554 02 0003
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 29, 2024
Closed on
Dec 20, 2024
Sold by
Reilly Sandrea S and Oquinn Sharon S
Bought by
Ebadi Abdul Hadi and Ebadi Laila
Seller's Agent
Olga Teets
Pearson Smith Realty, LLC
Buyer's Agent
Carol Strasfeld
Unrepresented Buyer Office
List Price
$500,000
Sold Price
$720,000
Premium/Discount to List
$220,000
44%
Views
323
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,855
Avg. Annual Appreciation
11.02%
Original Mortgage
$648,000
Outstanding Balance
$166,136
Interest Rate
6.79%
Mortgage Type
Construction
Estimated Equity
$635,719
Purchase Details
Closed on
Aug 18, 2023
Sold by
Reilly Sandrea S and Oquinn Sharon S
Bought by
Commonwealth and Va
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ebadi Abdul Hadi | $720,000 | Chicago Title | |
| Ebadi Abdul Hadi | $720,000 | Chicago Title | |
| Commonwealth | $50,840 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ebadi Abdul Hadi | $648,000 | |
| Closed | Ebadi Abdul Hadi | $648,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/23/2024 12/23/24 | Sold | $720,000 | +44.0% | $171 / Sq Ft |
| 12/03/2024 12/03/24 | Pending | -- | -- | -- |
| 11/29/2024 11/29/24 | For Sale | $500,000 | -- | $118 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $9,124 | $827,930 | $365,000 | $462,930 |
| 2024 | $9,124 | $787,560 | $355,000 | $432,560 |
| 2023 | $8,067 | $714,800 | $356,000 | $358,800 |
| 2022 | $7,940 | $694,350 | $346,000 | $348,350 |
| 2021 | $7,140 | $608,460 | $331,000 | $277,460 |
| 2020 | $6,609 | $558,390 | $315,000 | $243,390 |
| 2019 | $6,859 | $579,550 | $315,000 | $264,550 |
| 2018 | $6,859 | $579,550 | $315,000 | $264,550 |
| 2017 | $6,729 | $579,550 | $315,000 | $264,550 |
| 2016 | $6,521 | $562,840 | $306,000 | $256,840 |
| 2015 | $6,281 | $562,840 | $306,000 | $256,840 |
| 2014 | $5,964 | $535,610 | $291,000 | $244,610 |
Source: Public Records
Agents Affiliated with this Home
-
Olga Teets
-
Carol Strasfeld
Buyer's Agent in 2024
Carol Strasfeld
Unrepresented Buyer Office
(301) 806-8871
3 in this area
9,061 Total Sales
Map
Source: Bright MLS
MLS Number: VAFX2212262
APN: 0554-02-0003
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