NOT LISTED FOR SALE

5112 Observation Way Alexandria, VA 22312

Estimated Value: $622,647 - $654,000

3 Beds
3.5 Baths
1,900 Sq Ft
$336/Sq Ft Est. Value

Last Sold November 27, 2013

Last sale price $379,000 $199 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $3,985/month

Highlights

  • View of Trees or Woods
  • Deck
  • 1 Fireplace
  • Colonial Architecture
  • Backs to Trees or Woods
  • 2-minute walk to Lincolnia Park

About This Home

As of September 2024

Experience the charm of this first-time rental townhome conveniently located in Alexandria. This beautifully renovated townhome boasts a fully updated interior, featuring an updated kitchen with stainless steel appliances, tons of cabinets, granite counters, opens to an oversized Deck ideal for entertaining and enjoying these Gorgeous Fall evenings that are on the Way!
The main floor also includes a separate dining room, spacious living room, and a powder room. The light fixtures in the kitchen, dining room, and stairs were selected carefully to complement the home's interior color and finished palette, creating a warm and inviting ambiance. Additionally, recessed lighting throughout the home adds a modern touch and enhances the overall atmosphere.
The basement level offers a bonus room ideal for a home office, guest room or Family & Friends entertainment room. Step outside to the beautiful backyard patio, perfect for relaxing and unwinding with friends and family.
On the third floor, you'll find a spacious master bedroom with an ensuite bathroom with double vanity and a large walk-in closet, along with an additional huge bedroom with a full bathroom. Brand new washer and dryer conveniently located on the third floor.
Freshly painted, this property exudes a delightful ambiance with hardwood floors throughout. This townhome is a commuter's dream, with easy access to 495, 395, 95, Rt 236, Rt 7 as well as close proximity to DC (10 min) walking distance to Bus stop, shopping center and restaurants. It also includes 2 visitors spaces.

Last Agent to Rent the Property

Franklin Soruco Suarez

(703) 597-7266 franklin_soruco@hotmail.com Samson Properties Listed on: 09/06/2024

Samson Properties

Last Renter's Agent

Brittnee Sellers

(202) 455-6747 brittnee@citychicrealestate.com Reverie Residential License #0225250673

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,460

Year Built

  • Built in 1992

Lot Details

  • 1,520 Sq Ft Lot
  • Back Yard Fenced
  • Backs to Trees or Woods

Parking

  • 2 Car Direct Access Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,900 Sq Ft Home
  • Property has 3 Levels
  • Crown Molding
  • Ceiling Fan
  • 1 Fireplace
  • Views of Woods
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Garage Access
  • Rear Basement Entry

Utilities

  • Forced Air Heating and Cooling System
  • 60+ Gallon Tank

Additional Features

  • More Than Two Accessible Exits
  • Deck

Listing and Financial Details

  • Residential Lease
  • Security Deposit $3,100
  • Tenant pays for all utilities
  • The owner pays for common area maintenance
  • No Smoking Allowed
  • 12-Month Min and 24-Month Max Lease Term
  • Available 10/1/24
  • Assessor Parcel Number 0723 31 0007

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area maintenance
  • Lincolnia Mews Subdivision

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Size Limit
  • Pet Deposit $500

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,460

Year Built

Built in 1992

Lot Details

0

Parking

2

Rental Info

  • Date Available: 2024-10-01
  • Owner Pays: Common Area Maintenance
  • Pet Deposit: 500.00
  • Pets: Case By Case Basis, Pet Addendum/Deposit, Size/Weight Restriction
  • Pets Allowed: Yes
  • Security Deposit: 3100.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Utilities - All
  • Vacation Rental: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Rent Spree Online Application: Yes

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Accessibility Features: 2+ Access Exits
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Expected On Market: 2024-09-06
  • Federal Flood Zone: No
  • Year Built: 1992
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Icemaker, Microwave, Oven/Range - Gas, Refrigerator, Dryer, Washer
  • Interior Amenities: Kitchen - Table Space, Crown Moldings, Upgraded Countertops
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Full, Fully Finished, Garage Access, Rear Entrance, Walkout Level
  • Total Sq Ft: 1900
  • Living Area Sq Ft: 1900
  • Price Per Sq Ft: 1.63
  • Above Grade Finished Sq Ft: 1900
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Street Lights
  • Roof: Asphalt
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank
  • Security: Main Entrance Lock, Security System, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Fencing: Rear
  • Lot Features: Backs To Trees
  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1520.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: 212

Tax Info

  • Assessor Parcel Number: 0723 31 0007

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 2018
Sold by
Romairone Alejandro and Oliveros Lina M
Bought by
Romairone Alejandro
Current Estimated Value
$638,216

Purchase Details

Listed on
Oct 2, 2013
Closed on
Dec 12, 2013
Sold by
Milani Matthre
Bought by
Romairone Alejandro
Seller's Agent
Michael Greiner
My Castle Realty
Buyer's Agent
Nonmls
Houston Association of REALTORS
List Price
$387,000
Sold Price
$379,000
Premium/Discount to List
-$8,000
-2.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.43%
Original Mortgage
$316,800
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2009
Sold by
Onwest Bank
Bought by
Mehfar Matthew M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,300
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2009
Sold by
Equity Trustees Llc Sub T
Bought by
Treasury Bank N A

Purchase Details

Closed on
Oct 3, 2005
Sold by
Hold Ralph E
Bought by
Maanaoui Abdeljalil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.81%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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
Romairone Alejandro -- None Available
Romairone Alejandro $396,000 --
Mehfar Matthew M $347,000 --
Treasury Bank N A $273,791 --
Maanaoui Abdeljalil $458,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Romairone Alejandro $316,800
Previous Owner Mehfar Matthew M $312,300
Previous Owner Maanaoui Abdeljalil $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/09/2024 09/09/24 Rented $3,200 +3.2% --
09/06/2024 09/06/24 Under Contract -- -- --
09/06/2024 09/06/24 For Rent $3,100 0.0% --
11/27/2013 11/27/13 Sold $379,000 -2.1% $262 / Sq Ft View Prior Sale
10/28/2013 10/28/13 Pending -- -- --
10/02/2013 10/02/13 For Sale $387,000 -- $267 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

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
2021 $5,460 $465,290 $125,000 $340,290
2020 $5,351 $452,170 $125,000 $327,170
2019 $5,023 $424,420 $115,000 $309,420
2018 $4,834 $408,410 $108,000 $300,410
2017 $4,742 $408,410 $108,000 $300,410
2016 $4,731 $408,410 $108,000 $300,410
2015 $4,427 $396,660 $105,000 $291,660
2014 $4,417 $396,660 $105,000 $291,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAFX2199900

Bright MLS

APN: 072-3-31-0007