NOT LISTED FOR SALE

5501 Seminary Rd Unit 1008S Baileys Crossroads, VA 22041

Estimated Value: $407,000 - $425,000

2 Beds
2 Baths
1,439 Sq Ft
$551/mo HOA Fee

Last Sold October 23, 2014

Last sale price $311,250 $216 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,170/month

12 Days on Market

Highlights

  • Concierge
  • Private Pool
  • Traditional Architecture
  • Fitness Center
  • Open Floorplan
  • 4-minute walk to Skyline Park

About This Home

As of October 2014

Updated, Extra Large (1439 square feet!), Unit w/ Private (Split) Double Master Bedrooms w/ Upgraded Full Baths, Fully Renovated Kitchen with Soft & Slow Close Cabinets! - Southern Exposure Offers Quality Sunlight & Satellite Options, Tile and Dark Bamboo Flooring In Main Living Areas---Also, Large Balcony & Separate Utility Room Including A RARE DOUBLE GARAGE SPACE OFFERING!

Last Agent to Sell the Property

Tim Walsh

Samson Properties Listed on: 09/27/2014

Samson Properties

Co-Listed By

Ayda Walsh

RE/MAX Premier

Last Buyer's Agent

Mohammed Waseem

1ST Down Real Estate Group, LLC.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,015

Year Built

  • Built in 1982 | Remodeled in 2014

Lot Details

  • South Facing Home
  • Property is in very good condition

HOA Fees

  • $551 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,439 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Dining Area

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Garage
  • Front Facing Garage
  • Garage Door Opener
  • Parking Space Conveys

Outdoor Features

  • Private Pool
  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 62-3-12-S -1008

Community Details

Overview

  • Association fees include common area maintenance, custodial services maintenance, exterior building maintenance, lawn maintenance, management, insurance, pool(s), recreation facility, reserve funds, snow removal, sewer, trash, water
  • High-Rise Condominium
  • Skyline Square Community
  • Skyline Square Condo Subdivision
  • The community has rules related to moving in times

Amenities

  • Concierge
  • Picnic Area
  • Common Area
  • Billiard Room
  • Meeting Room
  • Community Library
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,015

Year Built

Built in 1982 | Remodeled in 2014

Lot Details

0

HOA Fees

$551 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Traditional
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1982
  • Year Renovated: 2014
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Interior Amenities: Dining Area, Breakfast Area, Kitchen - Table Space, Floor Plan - Open, Floor Plan - Traditional
  • Fireplace: No
  • Entry Location: Floors 6-10
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1439
  • Living Area Sq Ft: 1439
  • Price Per Sq Ft: 225.09
  • Above Grade Finished Sq Ft: 1439
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5501

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community, Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Garage, Parking Space Conveys
  • Garage Features: Covered Parking, Garage Door Opener, Garage - Front Entry

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 551.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Billiard Room, Concierge, Exercise Room, Elevator, Common Grounds, Library, Meeting Room, Picnic Area, Pool - Outdoor, Security
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Custodial Services Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Insurance, Pool(s), Recreation Facility, Reserve Funds, Snow Removal, Sewer, Trash, Water
  • HOA Condo Co-Op Rules: Elevator Use, Moving In Times, Pets - Not Allowed
  • HOA: No
  • Senior Community: No

Lot Info

  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Year Assessed: 2014
  • Zoning: 402

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3015.14
  • Assessor Parcel Number: 62-3-12-S -1008
  • Tax Total Finished Sq Ft: 1439
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 10/23/2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2014
Closed on
Oct 22, 2014
Sold by
Walsh Tr Timothy E and Gordon Tr Reilly J
Bought by
Farooq Mohammed
Seller's Agent
Tim Walsh
Samson Properties
Buyer's Agent
Mohammed Waseem
1ST Down Real Estate Group, LLC.
List Price
$323,900
Sold Price
$311,250
Premium/Discount to List
-$12,650
-3.91%
Current Estimated Value
$415,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,565
Avg. Annual Appreciation
2.85%

Purchase Details

Listed on
Dec 4, 2012
Closed on
Dec 21, 2012
Sold by
Chor Irvin H
Bought by
Walsh Timothy
Seller's Agent
Elena Gorbounova
RE/MAX Allegiance
Buyer's Agent
Tim Walsh
Samson Properties
List Price
$245,000
Sold Price
$245,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.05%

Purchase Details

Closed on
May 4, 2005
Sold by
Cho Chang Hwan
Bought by
Chor Irvin H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.01%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Farooq Mohammed $311,250 --
Walsh Timothy $245,000 --
Chor Irvin H $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chor Irvin H $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2014 10/23/14 Sold $311,250 -3.9% $216 / Sq Ft
10/09/2014 10/09/14 Pending -- -- --
10/07/2014 10/07/14 For Sale $323,900 0.0% $225 / Sq Ft
10/02/2014 10/02/14 Pending -- -- --
09/27/2014 09/27/14 For Sale $323,900 +32.2% $225 / Sq Ft
12/28/2012 12/28/12 Sold $245,000 0.0% $170 / Sq Ft
12/08/2012 12/08/12 Pending -- -- --
12/04/2012 12/04/12 For Sale $245,000 -- $170 / 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
2024 $4,241 $366,050 $73,000 $293,050
2023 $4,050 $358,870 $72,000 $286,870
2022 $4,063 $355,320 $71,000 $284,320
2021 $3,825 $325,980 $65,000 $260,980
2020 $3,674 $310,460 $62,000 $248,460
2019 $3,397 $287,060 $57,000 $230,060
2018 $3,339 $290,380 $58,000 $232,380
2017 $3,269 $281,610 $56,000 $225,610
2016 $3,262 $281,610 $56,000 $225,610
2015 $3,143 $281,610 $56,000 $225,610
2014 $3,015 $270,780 $54,000 $216,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003214980

Bright MLS

APN: 0623-12S-1008