NOT LISTED FOR SALE

5229 Forman Ct Springfield, VA 22151

Estimated Value: $614,000 - $656,425

4 Beds
2 Baths
1,273 Sq Ft
$502/Sq Ft Est. Value

About This Home

This home is located at 5229 Forman Ct, Springfield, VA 22151 and is currently estimated at $639,606, approximately $502 per square foot. 5229 Forman Ct is a home located in Fairfax County with nearby schools including Bren Mar Park Elementary School, Holmes Middle School, and Edison High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2024
Sold by
Perez Elstan P and Almengor Sandra M
Bought by
Perez Elstan P and Perez Leeroy
Current Estimated Value
$639,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,000
Outstanding Balance
$284,965
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$354,641

Purchase Details

Closed on
Dec 2, 2008
Sold by
Gmac Mortgage Llc
Bought by
Perez Elstan P and Velasquez Almengor,Sandra M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,000
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2004
Sold by
Contrino Joseph S
Bought by
Velasquez Lidia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,200
Interest Rate
5.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 1995
Sold by
Blauvelt Charles A
Bought by
Lu Henry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
9.23%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Perez Elstan P $175,000 Northwest Title
Perez Elstan P $175,000 Northwest Title
Perez Elstan P $297,000 --
Velasquez Lidia $409,000 --
Lu Henry $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Elstan P $286,000
Closed Perez Elstan P $286,000
Previous Owner Perez Elstan P $197,000
Previous Owner Perez Elstan P $197,000
Previous Owner Velasquez Lidia $327,200
Previous Owner Lu Henry $144,000
Source: Public Records

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
2024 $6,587 $568,540 $291,000 $277,540
2023 $6,256 $554,360 $281,000 $273,360
2022 $5,769 $504,510 $256,000 $248,510
2021 $5,654 $481,810 $236,000 $245,810
2020 $5,531 $467,360 $231,000 $236,360
2019 $5,323 $449,730 $218,000 $231,730
2018 $4,959 $431,190 $204,000 $227,190
2017 $5,006 $431,190 $204,000 $227,190
2016 $4,805 $414,740 $192,000 $222,740
2015 $4,629 $414,740 $192,000 $222,740
2014 $4,423 $397,250 $181,000 $216,250
Source: Public Records

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