NOT LISTED FOR SALE

5385 Summit Dr Fairfax, VA 22030

Estimated Value: $879,000 - $1,036,000

4 Beds
3 Baths
2,106 Sq Ft
$459/Sq Ft Est. Value

Last Sold April 16, 2012

Last sale price $492,000 $234 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $5,865/month

36 Days on Market

Highlights

  • 2.27 Acre Lot
  • Contemporary Architecture
  • No HOA
  • Willow Springs Elementary School Rated A
  • 1 Fireplace
  • Breakfast Area or Nook

About This Home

As of April 2012

House setting on beautiful landscaped over 2 acre lot. 4 bedroom & 3 full bath, hardwood floor mail & upper level,large family room with fireplace overlooking private backyard. Gourmet kitchen,large living room with cathedral ceiling and more...

Last Agent to Sell the Property

Eddie Oh

prime7080@gmail.com NewStar 1st Realty, LLC License #MRIS:71756 Listed on: 10/19/2011

Last Buyer's Agent

Sera Lee Mendez

(703) 862-7880 realtorseralee@yahoo.com NewStar 1st Realty, LLC License #0225189303

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,030

Year Built

  • Built in 1969

Lot Details

  • 2.27 Acre Lot
  • Property is zoned 110

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace
  • Family Room Off Kitchen
  • Dining Area
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • 1 Attached Carport Space

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Public Septic

Community Details

  • No Home Owners Association
  • Crystal Springs Subdivision

Listing and Financial Details

  • Tax Lot 34
  • Assessor Parcel Number 55-4-2- -34

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,030

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • 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: 1969
  • Special Assessment Payment: Annually
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Family Room Off Kitchen, Breakfast Area, Dining Area
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Main Level Full 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: No
  • Open Parking Spaces Count: 1
  • Parking Features: Carport
  • Attached Carport Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Carport

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Septic
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 179170.00
  • Land Assessed Value: 284000.00
  • Lot Size Acres: 2.27
  • Lot Size Area: 98970
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 98970.00
  • Zoning: 110

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 19312384
  • Tax Annual Amount: 5030.03
  • Assessor Parcel Number: 55-4-2- -34
  • Tax Lot: 34
  • Tax Page Number: 554
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2011
Closed on
Apr 6, 2012
Sold by
Kim Hun J
Bought by
Kim Yong S
Seller's Agent
Eddie Oh
NewStar 1st Realty, LLC
Buyer's Agent
Sera Lee Mendez
NewStar 1st Realty, LLC
List Price
$500,000
Sold Price
$492,000
Premium/Discount to List
-$8,000
-1.6%
Current Estimated Value
$966,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$474,803
Avg. Annual Appreciation
5.07%
Original Mortgage
$300,000
Outstanding Balance
$207,213
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$759,590

Purchase Details

Closed on
Sep 11, 2000
Sold by
Slutsky Irina B
Bought by
Kim Young S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,500
Interest Rate
8.1%
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 Yong S $492,000 --
Kim Young S $385,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Yong S $300,000
Previous Owner Kim Young S $192,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2012 04/16/12 Sold $492,000 -1.6% $234 / Sq Ft
12/21/2011 12/21/11 Pending -- -- --
11/14/2011 11/14/11 Price Changed $500,000 0.0% $237 / Sq Ft
11/14/2011 11/14/11 For Sale $500,000 -- $237 / Sq Ft
10/19/2011 10/19/11 Pending -- -- --
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 $9,537 $863,950 $394,000 $469,950
2024 $9,537 $823,220 $384,000 $439,220
2023 $8,355 $740,390 $384,000 $356,390
2022 $8,233 $720,010 $374,000 $346,010
2021 $7,587 $646,540 $359,000 $287,540
2020 $7,068 $597,230 $345,000 $252,230
2019 $7,328 $619,160 $345,000 $274,160
2018 $7,120 $619,160 $345,000 $274,160
2017 $7,188 $619,160 $345,000 $274,160
2016 $6,965 $601,170 $335,000 $266,170
2015 $6,509 $583,250 $335,000 $248,250
2014 $6,185 $555,430 $319,000 $236,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004621158

Bright MLS

APN: 0554-02-0034