NOT LISTED FOR SALE

5116 Observation Way Alexandria, VA 22312

Estimated Value: $648,000 - $682,486

3 Beds
4 Baths
1,951 Sq Ft
$339/Sq Ft Est. Value

Last Sold April 01, 2021

Last sale price $585,500 $300 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,144/month

3 Days on Market

Highlights

  • Colonial Architecture
  • 1 Car Attached Garage
  • Ceiling Fan
  • 1 Fireplace
  • Forced Air Heating and Cooling System

About This Home

As of April 2021

Be sure to see this gorgeous end unit townhome in Lincolnia Mews! Entering this home you are greeted with hard wood floors throughout the light-filled main level. The living room is open and also includes a separate dining area perfect for entertaining! The kitchen is large and spacious that features a stainless steel appliances, island for meal prep, and sliding back doors that lead a large back deck. The main level also features a half bath. Heading upstairs you have 2 bedrooms, a full bathroom, and a master suite with an updated en suite bathroom and walk-in closet. Other highlights include a finished basement with a gas fireplace, 1 car attached garage, and fenced-in backyard! Great location near parks, shopping, restaurants and easy access to 395. Hi-end tv and speakers convey in living room. Don't miss out!

Last Agent to Sell the Property

Brian Gaverth

(571) 435-3022 brian.gaverth@redfin.com Compass License #0225209724 Listed on: 02/25/2021

Compass

Last Buyer's Agent

Christine Allocca

(703) 795-3016 christine.allocca@compass.com Compass

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,257

Year Built

  • Built in 1992

Lot Details

  • 2,318 Sq Ft Lot

HOA Fees

  • $70 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,951 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • 1 Fireplace

Kitchen

  • Stove
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Connecting Stairway

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • Lincoln Mews Subdivision

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 0723 31 0009

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,257

Year Built

Built in 1992

Lot Details

0

HOA Fees

$70 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1992
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dryer, Washer, Disposal, Dishwasher, Refrigerator, Icemaker, Stove
  • Interior Amenities: Ceiling Fan(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Walkout Level, Connecting Stairway, Fully Finished
  • Total Sq Ft: 1951
  • Living Area Sq Ft: 1951
  • Price Per Sq Ft: 294.72
  • Above Grade Finished Sq Ft: 1951
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Combination
  • 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: Garage Door Opener
  • 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: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 210.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 354530.00
  • Land Assessed Value: 130000.00
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2318.00
  • Zoning: 212
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 19362223
  • Tax Annual Amount: 5257.00
  • Assessor Parcel Number: 0723 31 0009
  • Tax Lot: 9
  • Tax Page Number: 723
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2021
Closed on
Apr 1, 2021
Sold by
Razi Family Trust and Razi Syed Omar
Bought by
Cross Danial
Seller's Agent
Brian Gaverth
Compass
Buyer's Agent
Christine Allocca
Compass
List Price
$575,000
Sold Price
$585,500
Premium/Discount to List
$10,500
1.83%
Current Estimated Value
$661,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,622
Avg. Annual Appreciation
2.63%
Original Mortgage
$598,966
Interest Rate
2.8%
Mortgage Type
VA

Purchase Details

Closed on
Feb 5, 2019
Sold by
Razi Syed Omar
Bought by
Razi Syed Omar and Razi Hanan E

Purchase Details

Closed on
Jan 19, 2011
Sold by
Connolly Paul C
Bought by
Razi Syed O and Razi Tasnim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,050
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2004
Sold by
Rogers David J
Bought by
Connolly Paul C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
5.36%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Cross Danial $585,500 First American Title
Cross Danial $585,500 First American Title
Cross Danial $585,500 Potomac Title Group Services
Razi Syed Omar -- None Available
Razi Syed Omar -- None Available
Razi Syed O $397,000 --
Connolly Paul C $405,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Cross Danial $598,966
Closed Cross Danial $598,966
Previous Owner Razi Syed O $258,050
Previous Owner Connolly Paul C $324,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2021 04/01/21 Sold $585,500 +1.8% $300 / Sq Ft
03/04/2021 03/04/21 Price Changed $575,000 0.0% $295 / Sq Ft
03/04/2021 03/04/21 For Sale $575,000 +0.9% $295 / Sq Ft
02/28/2021 02/28/21 Pending -- -- --
02/25/2021 02/25/21 For Sale $570,000 -- $292 / 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
2025 $7,289 $653,410 $165,000 $488,410
2024 $7,289 $629,200 $160,000 $469,200
2023 $7,101 $629,200 $160,000 $469,200
2022 $6,435 $562,760 $145,000 $417,760
2021 $5,686 $484,530 $130,000 $354,530
2020 $5,584 $471,840 $130,000 $341,840
2019 $5,257 $444,210 $120,000 $324,210
2018 $4,919 $427,770 $113,000 $314,770
2017 $4,966 $427,770 $113,000 $314,770
2016 $4,956 $427,770 $113,000 $314,770
2015 $4,638 $415,600 $110,000 $305,600
2014 $4,628 $415,600 $110,000 $305,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAFX2000344

Bright MLS

APN: 0723-31-0009