NOT LISTED FOR SALE

5506 Magnolia Ln Unit 1 Alexandria, VA 22311

Estimated Value: $366,000 - $1,559,766

1 Bed
1 Bath
300 Sq Ft
$4,048/Sq Ft Est. Value

About This Home

This home is located at 5506 Magnolia Ln Unit 1, Alexandria, VA 22311 and is currently estimated at $1,214,442, approximately $4,048 per square foot. 5506 Magnolia Ln Unit 1 is a home located in Fairfax County with nearby schools including Parklawn Elementary School, Glasgow Middle School, and Justice High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2018
Sold by
Shama Tariq Nadeem and Shama Tariq
Bought by
Shama Tariq Nadeem and Shama Tariq
Current Estimated Value
$1,211,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Outstanding Balance
$190,172
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$1,024,270

Purchase Details

Closed on
Sep 29, 2017
Sold by
Tariq Nadeem and Tariq Shama
Bought by
Tariq Nadeem and Tariq Shama

Purchase Details

Closed on
Jan 29, 2009
Sold by
Deutsche Bank Natl Trust
Bought by
Tariq Nadeem and Tariq,Reshan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
5.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2006
Sold by
Baou Fatima
Bought by
Flores Soto Damian and Espinoza Flores,Nelida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,000
Interest Rate
6.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2005
Sold by
Gossom Family Ltd Partner
Bought by
Baou Fatima

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
5.71%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Shama Tariq Nadeem -- Solidifi
Tariq Nadeem -- None Available
Tariq Nadeem $380,000 --
Flores Soto Damian $710,000 --
Baou Fatima $630,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shama Tariq Nadeem $244,000
Previous Owner Tariq Nadeem $417,000
Previous Owner Tariq Nadeem $800,000
Previous Owner Tariq Nadeem $39,500
Previous Owner Tariq Shama $240,000
Previous Owner Tariq Nadeem $304,000
Previous Owner Flores Soto Damian $568,000
Previous Owner Baou Fatima $504,000
Source: Public Records

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 $15,949 $1,307,360 $367,000 $940,360
2023 $15,115 $1,282,360 $342,000 $940,360
2022 $14,447 $1,209,130 $322,000 $887,130
2021 $13,169 $1,077,070 $292,000 $785,070
2020 $13,151 $1,069,070 $284,000 $785,070
2019 $12,915 $1,048,070 $263,000 $785,070
2018 $11,455 $1,048,070 $263,000 $785,070
2017 $12,039 $996,080 $263,000 $733,080
2016 $11,885 $983,420 $255,000 $728,420
2015 $10,407 $925,730 $232,000 $693,730
2014 $3,520 $281,330 $232,000 $49,330
Source: Public Records

Map

Virginia Fairfax County Alexandria 22311

5506 Magnolia Ln Unit 1, Alexandria, VA

This home is located at 5506 Magnolia Ln Unit 1, Alexandria, VA 22311 and is currently estimated at $1,214,442, approximately $4,048 per square foot. 5506 Magnolia Ln Unit 1 is a home located in Fairfax County with nearby schools including Parklawn Elementary School, Glasgow Middle School, and Justice High School.

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