NOT LISTED FOR SALE

5501 Seminary Rd Unit 505S Baileys Crossroads, VA 22041

Estimated Value: $474,000 - $501,789

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

Last Sold May 27, 2016

Last sale price $341,000 $177 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,705/month

41 Days on Market

Highlights

  • Concierge
  • 24-Hour Security
  • City View
  • Fitness Center
  • Private Pool
  • 4-minute walk to Skyline Park

About This Home

As of May 2016

***TWO rarely available gar. spaces ( WOW!!!)***, SS brand new high end "KENMORE'' KITCHEN appl-ces (warranty on Appl. is transferable to the New Owner), wood flooring in the LR, foyer/kitchen, high grade new carpet in all BRs, the unit is prof. painted/new fixtures thrght, new medicine cabinets, newer "Maytag/Whirlpool W/D. FIOS installed. Condo fee includes all utilities, except electricity.

Last Agent to Sell the Property

Elena Gorbounova

(703) 625-7888 elenaysc@gmail.com RE/MAX Allegiance License #0225094246 Listed on: 04/03/2016

RE/MAX Allegiance

Co-Listed By

Kirill Gorbounov

(703) 855-7696 kirillysc@gmail.com Olympia Global Investments, LLC

Last Buyer's Agent

Carol Kearney

(703) 975-4588 carolcares@hotmail.com Momentum Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,707

Year Built

  • Built in 1982

Lot Details

  • Property is in very good condition

HOA Fees

  • $741 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Storage or Cabinetry
  • Garage Door Opener
  • On-Street Parking
  • Parking Space Conveys

Property Views

  • City
  • Scenic Vista

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,930 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Window Treatments
  • Dining Area

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Stove
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Exterior Cameras
  • Surveillance System

Accessible Home Design

  • Accessible Elevator Installed
  • Halls are 48 inches wide or more

Outdoor Features

  • Private Pool
  • Balcony

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Underground Utilities
  • Natural Gas Water Heater
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 62-3-12-S -505

Community Details

Overview

  • Moving Fees Required
  • Association fees include exterior building maintenance, fiber optics available, gas, lawn care front, lawn care rear, lawn care side, lawn maintenance, management, insurance, parking fee, pool(s), reserve funds, road maintenance, sewer, snow removal, trash, water, sauna
  • High-Rise Condominium
  • Skyline Square Community
  • Skyline Square Condo Subdivision
  • The community has rules related to covenants, moving in times

Amenities

  • Concierge
  • Common Area
  • Sauna
  • Billiard Room
  • Community Center
  • Meeting Room
  • Party Room
  • Community Library
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • 24-Hour Security
  • Front Desk in Lobby
  • Resident Manager or Management On Site
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,707

Year Built

Built in 1982

Lot Details

0

HOA Fees

$741 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Accessibility Features: 48"+ Halls, Elevator
  • Ownership: Condominium
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Expected On Market: 2016-04-03
  • Year Built: 1982
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Oven/Range - Electric, Refrigerator, Stove, Washer
  • Interior Amenities: Kitchen - Table Space, Dining Area, Window Treatments, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1930
  • Living Area Sq Ft: 1930
  • Price Per Sq Ft: 178.76
  • Above Grade Finished Sq Ft: 1930
  • Above Grade Finished Area Units: Square Feet

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
  • Construction Materials: Brick
  • Exterior Features: Satellite Dish
  • Pool Private: Yes
  • View: Scenic Vista, City
  • 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 Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage, Parking Space Conveys
  • Garage Features: Garage Door Opener, Additional Storage Area
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: On Street, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: 24 Hour Security, Desk In Lobby, Exterior Cameras, Fire Detection System, Resident Manager, Sprinkler System - Indoor, Surveillance Sys, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Dsl Available, Fiber Optics Available, Under Ground
  • 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: Billiard Room, Common Grounds, Community Center, Concierge, Elevator, Exercise Room, Extra Storage, Library, Meeting Room, Party Room, Pool - Outdoor, Sauna, Security
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Fiber Optics Available, Gas, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Insurance, Parking Fee, Pool(s), Reserve Funds, Road Maintenance, Sewer, Snow Removal, Trash, Water, Sauna
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Condo Co-Op Rules: Covenants, Elevator Use, Moving Fees Required, Moving In Times, Pets - Not Allowed
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School: GLEN FOREST
  • High School: JUSTICE
  • Middle Or Junior School: GLASGOW

Lot Info

  • Improvement Assessed Value: 266190.00
  • Land Assessed Value: 66000.00
  • Outdoor Living Structures: Balcony
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Zoning: 402

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3707.24
  • Assessor Parcel Number: 62-3-12-S -505
  • Tax Page Number: 623
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015

Multi Family

  • Metering: Electric Separate

MLS Schools

  • School District Name: FAIRFAX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2016
Closed on
May 27, 2016
Sold by
Elgazzar Mohamed G
Bought by
Anasuya Sabhapathi R and Anasuya Rao
Seller's Agent
Elena Gorbounova
RE/MAX Allegiance
Buyer's Agent
Carol Kearney
Momentum Realty LLC
List Price
$345,000
Sold Price
$341,000
Premium/Discount to List
-$4,000
-1.16%
Current Estimated Value
$487,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,447
Avg. Annual Appreciation
3.82%

Purchase Details

Listed on
Jan 7, 2013
Closed on
Feb 25, 2013
Sold by
Alkhafaji Emad
Bought by
Elgazzar Mohamed
Seller's Agent
Najia Kemmou
Weichert, REALTORS
Buyer's Agent
Eman Aish
Fairfax Realty Select
List Price
$380,000
Sold Price
$320,000
Premium/Discount to List
-$60,000
-15.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.97%
Original Mortgage
$314,204
Interest Rate
3.44%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 31, 2008
Sold by
Lally Lavelle P
Bought by
Alkhafaji Emad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
6.18%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Anasuya Sabhapathi R $341,000 Cardinal Title Agency Inc
Elgazzar Mohamed $320,000 --
Alkhafaji Emad $320,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elgazzar Mohamed $314,204
Previous Owner Alkhafaji Emad $272,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/27/2016 05/27/16 Sold $341,000 -1.2% $177 / Sq Ft
05/15/2016 05/15/16 Pending -- -- --
05/05/2016 05/05/16 For Sale $345,000 +1.2% $179 / Sq Ft
04/03/2016 04/03/16 Off Market $341,000 -- --
04/03/2016 04/03/16 For Sale $345,000 +7.8% $179 / Sq Ft
02/25/2013 02/25/13 Sold $320,000 -3.0% $166 / Sq Ft View Prior Sale
01/26/2013 01/26/13 Pending -- -- --
01/21/2013 01/21/13 Price Changed $330,000 -13.2% $171 / Sq Ft
01/07/2013 01/07/13 For Sale $380,000 0.0% $197 / Sq Ft
07/20/2012 07/20/12 Rented $2,600 -13.0% --
07/20/2012 07/20/12 Under Contract -- -- --
06/08/2012 06/08/12 For Rent $2,990 -- --
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 $4,878 $437,890 $88,000 $349,890
2024 $4,878 $421,050 $84,000 $337,050
2023 $4,569 $404,860 $81,000 $323,860
2022 $4,584 $400,850 $80,000 $320,850
2021 $4,704 $400,850 $80,000 $320,850
2020 $4,236 $357,900 $72,000 $285,900
2019 $3,996 $337,660 $67,000 $270,660
2018 $3,700 $321,770 $64,000 $257,770
2017 $3,625 $312,260 $62,000 $250,260
2016 $3,848 $332,190 $66,000 $266,190
2015 $3,707 $332,190 $66,000 $266,190
2014 $3,557 $319,410 $64,000 $255,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001889019

Bright MLS

APN: 0623-12S-0505