NOT LISTED FOR SALE

5501 Seminary Rd Unit 405S Baileys Crossroads, VA 22041

Estimated Value: $463,000 - $495,522

3 Beds
2.5 Baths
1,930 Sq Ft
$902/mo HOA Fee

Last Sold July 18, 2023

Last sale price $449,900 $233 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,885/month

18 Days on Market

Highlights

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

About This Home

As of July 2023

Huge Stratford model at Skyline Square with about 2,000 sqft and sunny south-eastern exposure. Contemporary unit with high end updates and almost everything brand new. Kitchen includes quartz countertops, many spacious cabinets, new Samsung appliances and washer dryer. Newer HVAC. Large windows and eat-in kitchen, phenomenal closet & storage space. 24 hour security desk, outdoor pool, multiple gyms, saunas, billiards room, library, and party room. Shuttle to metro. Prime area inside the beltway near everything including major commuter routes.

Last Agent to Sell the Property

Ali Daneshzadeh

Samson Properties Listed on: 06/07/2023

Samson Properties

Last Buyer's Agent

Rana Smith

EXP Realty, LLC

EXP Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,464

Year Built

  • Built in 1982

Lot Details

  • Property is in excellent condition

HOA Fees

  • $902 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,930 Sq Ft Home
  • Property has 1 Level
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0623 12S 0405

Community Details

Overview

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

Amenities

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

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,464

Year Built

Built in 1982

Lot Details

0

HOA Fees

$902 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-06-07
  • 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: 1
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1930
  • Living Area Sq Ft: 1930
  • Price Per Sq Ft: 233.11
  • Above Grade Finished Sq Ft: 1930
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5501

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • 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: Garage Door Opener, Covered Parking
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

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: 902.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Billiard Room, Elevator, Exercise Room, Fitness Center, Library, Meeting Room, Party Room, Pool - Outdoor, Security, Sauna, Extra Storage, Storage Bin
  • HOA Condo Co-Op Fee Includes: Water, Trash, Snow Removal, Sewer, Sauna, Reserve Funds, Recreation Facility, Pool(s), Lawn Maintenance, Insurance, Common Area Maintenance, Ext Bldg Maint
  • HOA: No
  • Senior Community: No

Schools

  • School District: FAIRFAX COUNTY PUBLIC SCHOOLS
  • School District Key: 121138392980
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 047
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: 402
  • In City Limits: No

Rental Info

  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4464.00
  • Assessor Parcel Number: 0623 12S 0405
  • Tax Total Finished Sq Ft: 1930
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 07/18/2023

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2016
Closed on
Aug 18, 2016
Sold by
Sadeq Haitham
Bought by
Soh Chong
Seller's Agent
Zafar Mian
Long & Foster Real Estate, Inc.
Buyer's Agent
Kirill Gorbounov
Olympia Global Investments, LLC
List Price
$319,900
Sold Price
$310,000
Premium/Discount to List
-$9,900
-3.09%
Current Estimated Value
$475,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,631
Avg. Annual Appreciation
4.84%
Original Mortgage
$304,385
Outstanding Balance
$244,331
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$231,300
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
Soh Chong $310,000 The Settlement Group Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soh Chong $304,385
Previous Owner Hssaini Nasreddine $66,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2023 07/18/23 Sold $449,900 0.0% $233 / Sq Ft
06/07/2023 06/07/23 For Sale $449,900 +45.1% $233 / Sq Ft
08/18/2016 08/18/16 Sold $310,000 -3.1% $161 / Sq Ft
06/08/2016 06/08/16 Pending -- -- --
04/13/2016 04/13/16 For Sale $319,900 -- $166 / 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 $4,938 $426,230 $85,000 $341,230
2023 $4,405 $390,320 $78,000 $312,320
2022 $4,419 $386,460 $77,000 $309,460
2021 $4,535 $386,460 $77,000 $309,460
2020 $4,084 $345,050 $69,000 $276,050
2019 $3,851 $325,420 $65,000 $260,420
2018 $3,565 $310,020 $62,000 $248,020
2017 $3,492 $300,800 $60,000 $240,800
2016 $3,707 $320,000 $64,000 $256,000
2015 $3,571 $320,000 $64,000 $256,000
2014 $3,426 $307,690 $62,000 $245,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAFX2130842

Bright MLS

APN: 0623-12S-0405