NOT LISTED FOR SALE

5224 Summit Dr Fairfax, VA 22030

Estimated Value: $1,457,000 - $1,893,000

1.65 Acres
$1,002,342 Price per Acre
71,874 Sq Ft Lot

Last Sold July 20, 2020

Last sale price $530,000 $237 Per Sq Ft

Est. 212% increase in value since last sale

Current estimated payment $10,158/month

131 Days on Market

Highlights

  • Water Oriented
  • 1.65 Acre Lot
  • Creek or Stream
  • Willow Springs Elementary School Rated A
  • No HOA
  • Heating Available

About This Lot

As of July 2020

ATTENTION BUILDERS AND INVESTORS! Ready to build. Plans have been approved to build 7,000 sq ft. SFH with 3 car garage on 1.65 acres. Great location and lots of privacy.

Last Agent to Sell the Property

Darko Dombrovski

(703) 981-0138 djdombrovski@yahoo.com Jobin Realty Listed on: 01/06/2020

Last Buyer's Agent

Jennifer Fang

(571) 364-4480 jfangrealtor@gmail.com Samson Properties

Samson Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,531

Lot Details

  • 1.65 Acre Lot
  • Creek or Stream
  • Property is zoned 110

Utilities

  • 200+ Amp Service
  • Well
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Tax Lot 44
  • Assessor Parcel Number 0554 02 0044

Community Details

Overview

  • No Home Owners Association

Recreation

  • Water Oriented

Property Details

Property Type

Land

Est. Annual Taxes

$6,531

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • New Construction: No
  • Federal Flood Zone: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 7.65

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Water Body Type: Creek/Stream
  • Waterfront: No
  • Water Oriented: Yes
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Electric Service: 200+ Amp Service
  • Heating: Yes
  • Sewer/Septic System: Public Hook/Up Avail
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Improvement Assessed Value: 203250.00
  • Lot Size Acres: 1.65
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 71861.00
  • Zoning: 110
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 19312392
  • Tax Annual Amount: 6531.00
  • Assessor Parcel Number: 0554 02 0044
  • Tax Lot: 44
  • Tax Page Number: 554
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2020
Closed on
Jul 20, 2020
Sold by
Sd Homes Llc
Bought by
Lennertz Thomas Peter and Wilson Deborah Eugenia
Seller's Agent
Darko Dombrovski
Jobin Realty
Buyer's Agent
Jennifer Fang
Samson Properties
List Price
$550,000
Sold Price
$530,000
Premium/Discount to List
-$20,000
-3.64%
Current Estimated Value
$1,653,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,123,864
Avg. Annual Appreciation
23.70%
Original Mortgage
$860,000
Outstanding Balance
$762,591
Interest Rate
3.1%
Mortgage Type
Construction
Estimated Equity
$891,273

Purchase Details

Listed on
May 31, 2019
Closed on
Jul 20, 2019
Sold by
Morgan Deborah W and Williams Gerald E
Bought by
Sd Homes Llc
Seller's Agent
Jeff Stein
Tranzon Key
Buyer's Agent
Darko Dombrovski
Jobin Realty
List Price
$400,000
Sold Price
$396,000
Premium/Discount to List
-$4,000
-1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.23%
Original Mortgage
$297,000
Interest Rate
3.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 20, 1988
Bought by
Clayton Will W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Lennertz Thomas Peter $530,000 First Excel Title Llc
Sd Homes Llc $396,000 Chicago Title Insurance Co
Clayton Will W $98,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lennertz Thomas Peter $860,000
Previous Owner Sd Homes Llc $297,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/20/2020 07/20/20 Sold $530,000 -3.6% $237 / Sq Ft
05/16/2020 05/16/20 Price Changed $550,000 +4.8% $246 / Sq Ft
03/06/2020 03/06/20 Price Changed $525,000 -4.5% $235 / Sq Ft
01/06/2020 01/06/20 For Sale $550,000 +38.9% $246 / Sq Ft
07/23/2019 07/23/19 Sold $396,000 +13.1% $177 / Sq Ft View Prior Sale
06/19/2019 06/19/19 Pending -- -- --
06/12/2019 06/12/19 Price Changed $350,000 -12.5% $157 / Sq Ft
05/31/2019 05/31/19 For Sale $400,000 -- $179 / 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 $17,804 $1,647,310 $381,000 $1,266,310
2024 $17,804 $1,536,800 $371,000 $1,165,800
2023 $16,012 $1,418,840 $371,000 $1,047,840
2022 $11,644 $1,018,300 $361,000 $657,300
2021 $4,166 $355,000 $355,000 $0
2020 $4,693 $396,530 $331,000 $65,530
2019 $6,532 $551,920 $331,000 $220,920
2018 $178 $551,920 $331,000 $220,920
2017 $174 $551,920 $331,000 $220,920
2016 $162 $535,490 $321,000 $214,490
2015 $156 $535,490 $321,000 $214,490
2014 $156 $510,280 $306,000 $204,280
Source: Public Records

Agents Affiliated with this Home

  • Darko Dombrovski

    Seller's Agent in 2020

    Darko Dombrovski

    Jobin Realty

    (703) 981-0138

    23 Total Sales

    Darko Dombrovski
    Section Image
  • Jennifer Fang

    Buyer's Agent in 2020

    Jennifer Fang

    Samson Properties

    (571) 364-4480

    137 Total Sales

    Jennifer Fang
    Section Image
  • Jeff Stein

    Seller's Agent in 2019

    Jeff Stein

    Tranzon Key

    (888) 621-2110

    87 Total Sales

    Jeff Stein
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: VAFX1104952

Bright MLS

APN: 0554-02-0044

Virginia Fairfax County Fairfax 22030

5224 Summit Dr, Fairfax, VA

Not Listed for Sale

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