$310,000
SOLD AUG 18, 2016

5501 Seminary Rd Unit 405S Baileys Crossroads, VA 22041

2 Beds
2.5 Baths
1,930 Sq Ft
$741/mo HOA Fee

Recently Sold

$161 Per Sq Ft

3% Below List Price

56 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Sauna
  • Private Pool
  • Garden View
  • 4-minute walk to Skyline Park

About This Home

As of July 2023

A Spacious & Stylish 2 BR+Den (3 BR) end unit in a luxury hi-rise. Southeast exposure. 1,930 Sq.ft. of living area. Big Balcony. Garage parking (90/G-2). Window in Kitchen/Breakfast area. Laundry Room. 2 walk-in closets. Exercise, Steam & Sauna facilities. Big Swimming pool. Penthouse, Billiard, Card & Party rooms. Elegant Lobby with 24 hour desk/security. Close to shopping, Lifestyle & Location.

Last Agent to Sell the Property

Zafar Mian

Long & Foster Real Estate, Inc. License #MRIS:13728 Listed on: 04/13/2016

Last Buyer's Agent

Kirill Gorbounov

Olympia Global Investments, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,571

Year Built

  • Built in 1982

Lot Details

  • Southeast Facing Home
  • Property is in very good condition

HOA Fees

  • $741 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,930 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Double Pane Windows
  • Window Treatments
  • Living Room
  • Dining Room
  • Den
  • Garden Views
  • Exterior Cameras

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • Subterranean Parking
  • Parking Space Number Location: 90

Accessible Home Design

  • Halls are 48 inches wide or more

Outdoor Features

  • Private Pool
  • Balcony

Schools

  • Glen Forest Elementary School
  • Glasgow Middle School
  • Justice High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Vented Exhaust Fan
  • Natural Gas Water Heater
  • Fiber Optics Available

Listing and Financial Details

  • Assessor Parcel Number 62-3-12-S -405

Community Details

Overview

  • Moving Fees Required
  • Association fees include exterior building maintenance, gas, lawn maintenance, insurance, management, snow removal, trash, water
  • 850 Units
  • High-Rise Condominium
  • Skyline Square Condo Subdivision, The Stratford Floorplan
  • Skyline Square Community
  • The community has rules related to alterations or architectural changes, covenants, moving in times, parking rules

Amenities

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

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Front Desk in Lobby
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,571

Year Built

Built in 1982

Lot Details

0

HOA Fees

$741 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Accessibility Features: 48"+ Halls
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1982
  • Remarks Public: A Spacious & Stylish 2 BR+Den (3 BR) end unit in a luxury hi-rise. Southeast exposure. 1,930 Sq.ft. of living area. Big Balcony. Garage parking (90/G-2). Window in Kitchen/Breakfast area. Laundry Room. 2 walk-in closets. Exercise, Steam & Sauna facilities. Big Swimming pool. Penthouse, Billiard, Card & Party rooms. Elegant Lobby with 24 hour desk/security. Close to shopping, Lifestyle & Location.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Microwave, Oven/Range - Electric, Refrigerator, Washer
  • Interior Amenities: Breakfast Area, Dining Area, Window Treatments, Floor Plan - Open
  • Window Features: Double Pane
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Den
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1930
  • Living Area Sq Ft: 1930
  • Price Per Sq Ft: 165.75
  • Above Grade Finished Sq Ft: 1930
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5501

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • 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
  • Construction Materials: Brick
  • Pool Private: Yes
  • View: Garden/Lawn
  • View: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community, Yes - Personal, Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Garage
  • Parking Space Number Assigned: 90
  • Garage Features: Underground

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Desk In Lobby, Exterior Cameras, Resident Manager, Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Utilities: Fiber Optics Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 741.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Exercise Room, Extra Storage, Library, Party Room, Pool - Outdoor, Sauna, Swimming Pool, Storage Bin
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Gas, Lawn Maintenance, Insurance, Management, Snow Removal, Trash, Water
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA Condo Co-Op Rules: Elevator Use, Covenants, Moving Fees Required, Moving In Times, Parking, Alterations/Architectural Changes, Pets - Not Allowed
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: FAIRFAX COUNTY PUBLIC SCHOOLS
  • Elementary School: GLEN FOREST
  • Middle School: GLASGOW
  • High School: JUSTICE
  • School District Key: 121138392980
  • Elementary School: GLEN FOREST
  • High School: JUSTICE
  • Middle Or Junior School: GLASGOW

Lot Info

  • Improvement Assessed Value: 256000.00
  • Land Assessed Value: 64000.00
  • Outdoor Living Structures: Balcony
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Year Assessed: 2016
  • Zoning: 402

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3571.20
  • Assessor Parcel Number: 62-3-12-S -405
  • Tax Page Number: 623
  • Tax Total Finished Sq Ft: 1930
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015
  • Close Date: 08/18/2016

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
4.83%
Original Mortgage
$304,385
Outstanding Balance
$244,331
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$231,300
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $310,000 The Settlement Group Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $304,385 FHA
Previous Owner $66,000 Credit Line Revolving
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: 1001932193

Bright MLS

APN: 0623-12S-0405