NOT LISTED FOR SALE

5130 Observation Way Alexandria, VA 22312

Estimated Value: $545,000 - $646,000

2 Beds
4 Baths
1,447 Sq Ft
$418/Sq Ft Est. Value

Last Sold November 30, 2012

Last sale price $380,000 $263 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $3,817/month

38 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Eat-In Kitchen
  • Wood Flooring
  • 1 Car Attached Garage
  • 3-minute walk to Lincolnia Park

About This Home

As of November 2012

Beautiful brick end-unit town home located in the quaint Lincolnia Mews community. Home features open floor plan; hardwood flooring (1st fl); new carpeting; new kitchen appliances; 1-car garage; large deck off kitchen and backs to Lincolnia Park; spiral staircase to LL terrace (rear). A MUST TO SEE!!! THIS IS A FANNIE MAE HOMEPATH PROPERTY. Purchase this property with as little as 3% down.

Last Agent to Sell the Property

Sonya Abney

(301) 335-8380 sabney@cpreb.com Cosmopolitan Properties Real Estate Brokerage Listed on: 09/11/2012

Last Buyer's Agent

Young Suh

kelsi.suh@cbmove.com Coldwell Banker Residential Brokerage

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,995

Year Built

  • Built in 1992

Lot Details

  • 2,318 Sq Ft Lot
  • 1 Common Wall
  • Property is in very good condition

HOA Fees

  • $70 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Dining Area
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Bathroom
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Rear Basement Entry
  • Natural lighting in basement

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 72-3-31- -16

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,995

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
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1992
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven/Range - Gas, Refrigerator, Washer
  • Interior Amenities: Kitchen - Table Space, Dining Area, Master Bath(s), Wood Floors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Rear Entrance, Daylight, Full, Fully Finished
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Construction Materials: Combination, Brick
  • Construction Completed: No
  • 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
  • Parking Features: 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: Natural Gas
  • Heating Type: Central
  • 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

Lot Info

  • Improvement Assessed Value: 272540.00
  • Land Assessed Value: 92000.00
  • Lot Size Acres: 0.05
  • Lot Size Area: 2318
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2318.00
  • Property Condition: Very Good
  • Zoning: 212

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 19362229
  • Tax Annual Amount: 3995.36
  • Assessor Parcel Number: 72-3-31- -16
  • Tax Lot: 16
  • Tax Page Number: 723
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2012
Closed on
Nov 28, 2012
Sold by
Fannie Mae
Bought by
Kim Edward
Seller's Agent
Sonya Abney
Cosmopolitan Properties Real Estate Brokerage
Buyer's Agent
Young Suh
Coldwell Banker Residential Brokerage
List Price
$399,990
Sold Price
$380,000
Premium/Discount to List
-$19,990
-5%
Current Estimated Value
$604,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,733
Avg. Annual Appreciation
3.63%
Original Mortgage
$304,000
Outstanding Balance
$210,920
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$393,813

Purchase Details

Closed on
Apr 3, 2012
Sold by
Profl Foreclosure Corp Of Va
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 30, 2006
Sold by
Tucker Larry A
Bought by
Molen Richard Allan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
6.6%
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
Kim Edward $380,000 --
Federal National Mortgage Association $452,681 --
Molen Richard Allan $495,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Edward $304,000
Previous Owner Molen Richard Allan $396,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2012 11/30/12 Sold $380,000 -5.0% $263 / Sq Ft
10/19/2012 10/19/12 Pending -- -- --
10/09/2012 10/09/12 For Sale $399,990 0.0% $276 / Sq Ft
09/21/2012 09/21/12 Pending -- -- --
09/11/2012 09/11/12 For Sale $399,990 -- $276 / 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 $6,904 $618,760 $165,000 $453,760
2024 $6,904 $595,920 $160,000 $435,920
2023 $6,725 $595,920 $160,000 $435,920
2022 $6,099 $533,400 $145,000 $388,400
2021 $5,652 $481,600 $130,000 $351,600
2020 $5,556 $469,480 $130,000 $339,480
2019 $5,228 $441,730 $120,000 $321,730
2018 $4,892 $425,360 $113,000 $312,360
2017 $4,938 $425,360 $113,000 $312,360
2016 $4,928 $425,360 $113,000 $312,360
2015 $4,612 $413,260 $110,000 $303,260
2014 $4,602 $413,260 $110,000 $303,260
Source: Public Records

Agents Affiliated with this Home

  • Sonya Abney

    Seller's Agent in 2012

    Sonya Abney

    Cosmopolitan Properties Real Estate Brokerage

    (301) 335-8380

    40 Total Sales

    Sonya Abney
    Section Image

  • Y

    Buyer's Agent in 2012

    Young Suh

    Coldwell Banker (NRT-Southeast-MidAtlantic)

See All Agents

Map

Source: Bright MLS

MLS Number: 1004156444

Bright MLS

APN: 0723-31-0016

Virginia Fairfax County Alexandria 22312

5130 Observation Way, Alexandria, VA

Not Listed for Sale

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