NOT LISTED FOR SALE

5501 Seminary Rd Unit 1502S Baileys Crossroads, VA 22041

Estimated Value: $350,000 - $377,000

2 Beds
1.5 Baths
1,259 Sq Ft
$584/mo HOA Fee

Last Sold January 31, 2024

Last sale price $330,000 $262 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,768/month

168 Days on Market

Highlights

  • Fitness Center
  • Sauna
  • Billiard Room
  • Contemporary Architecture
  • Community Pool
  • 4-minute walk to Skyline Park

About This Home

As of January 2024

Welcome home! You are going to love this 2 bedroom 2 bathroom condo in the heart of falls church. The balcony on the 15th floor has breathtaking views. This secure building features concierge services, elevators, garage parking, fitness center, library, 24/7 security, storage area, and pool. Prime location to restaurants, shopping, airport, public transportation and so much more. Make this your home today!

Last Agent to Sell the Property

Calvin Stewart

(240) 472-7453 calvinpstewart@gmail.com Stewart Real Estate, LLC Listed on: 07/11/2023

Last Buyer's Agent

Margaret Ruhe

(703) 599-7527 Margaret.ruhe@gmail.com KW United License #0225078812

KW United

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,333

Year Built

  • Built in 1982

Lot Details

  • 0.61

HOA Fees

  • $584 Monthly HOA Fees

Parking

  • Assigned Parking Garage Space

Home Design

  • Contemporary Architecture
  • Entry on the 15th floor
  • Brick Exterior Construction

Interior Spaces

  • 1,259 Sq Ft Home
  • Property has 1 Level
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Public Septic

Listing and Financial Details

  • Assessor Parcel Number 0623 12S 1502

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance, pool(s), recreation facility, reserve funds, sauna, sewer, snow removal, trash, water
  • High-Rise Condominium
  • Skyline Square Condo Community
  • Skyline Square Condo Subdivision

Amenities

  • Sauna
  • Billiard Room
  • Meeting Room
  • Party Room
  • Community Library
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,333

Year Built

Built in 1982

Lot Details

0

HOA Fees

$584 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-07-11
  • Year Built: 1982
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 15
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1259
  • Living Area Sq Ft: 1259
  • Price Per Sq Ft: 274.03
  • Above Grade Finished Sq Ft: 1259
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Covered Parking
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 1

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 Septic
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 584.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Billiard Room, Elevator, Exercise Room, Extra Storage, Fitness Center, Library, Meeting Room, Party Room, Pool - Outdoor, Sauna, Security, Storage Bin
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Pool(s), Recreation Facility, Reserve Funds, Sauna, Sewer, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Zoning: 402
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3333.00
  • Assessor Parcel Number: 0623 12S 1502
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2023
Closed on
Jan 31, 2024
Sold by
Miller Tracy
Bought by
Ejaz Shamail
Seller's Agent
Calvin Stewart
Stewart Real Estate, LLC
Buyer's Agent
Margaret Ruhe
KW United
List Price
$350,000
Sold Price
$330,000
Premium/Discount to List
-$20,000
-5.71%
Views
330
Current Estimated Value
$361,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,024
Avg. Annual Appreciation
4.98%
Original Mortgage
$324,022
Outstanding Balance
$318,296
Interest Rate
6.61%
Mortgage Type
FHA
Estimated Equity
$42,728

Purchase Details

Closed on
Feb 21, 2007
Sold by
Capital Investments Llc
Bought by
Miller Tracy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 1994
Sold by
Khatib Issam S
Bought by
Cohen Gerald D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,500
Interest Rate
8.51%
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
Ejaz Shamail $330,000 Fidelity National Title
Ejaz Shamail $330,000 Fidelity National Title
Miller Tracy $285,000 --
Cohen Gerald D $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ejaz Shamail $324,022
Closed Ejaz Shamail $324,022
Previous Owner Miller Tracy $228,000
Previous Owner Cohen Gerald D $107,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2024 01/31/24 Sold $330,000 -4.3% $262 / Sq Ft
12/27/2023 12/27/23 Pending -- -- --
12/15/2023 12/15/23 Price Changed $345,000 -1.4% $274 / Sq Ft
07/11/2023 07/11/23 For Sale $350,000 -- $278 / 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 $3,490 $329,000 $66,000 $263,000
2024 $3,490 $301,280 $60,000 $241,280
2023 $3,333 $295,370 $59,000 $236,370
2022 $3,344 $292,450 $58,000 $234,450
2021 $3,149 $268,300 $54,000 $214,300
2020 $3,024 $255,520 $51,000 $204,520
2019 $2,798 $236,440 $48,000 $188,440
2018 $2,741 $238,340 $48,000 $190,340
2017 $2,691 $231,770 $46,000 $185,770
2016 $2,685 $231,770 $46,000 $185,770
2015 $2,752 $246,560 $49,000 $197,560
2014 $2,640 $237,080 $47,000 $190,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAFX2134622

Bright MLS

APN: 0623-12S-1502