NOT LISTED FOR SALE

5506 Margate St Springfield, VA 22151

Estimated Value: $715,000 - $774,000

4 Beds
3 Baths
1,950 Sq Ft
$381/Sq Ft Est. Value

About This Home

This home is located at 5506 Margate St, Springfield, VA 22151 and is currently estimated at $742,847, approximately $380 per square foot. 5506 Margate St is a home located in Fairfax County with nearby schools including Kings Park Elementary School, Kings Glen Elementary School, and Lake Braddock Secondary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2006
Sold by
Tang Duc T
Bought by
Hussein Abdurahman and Hussein,Abukar
Current Estimated Value
$742,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Outstanding Balance
$206,440
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$536,408

Purchase Details

Closed on
Jul 22, 2003
Sold by
Siemon Kurt K
Bought by
Tang Duc T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,900
Interest Rate
5.34%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Hussein Abdurahman $430,000 --
Tang Duc T $339,950 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hussein Abdurahman $344,000
Previous Owner Tang Duc T $271,900
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
2025 $7,314 $694,860 $310,000 $384,860
2023 $6,922 $613,350 $275,000 $338,350
2022 $6,910 $604,290 $270,000 $334,290
2021 $6,159 $524,820 $240,000 $284,820
2020 $5,961 $503,700 $235,000 $268,700
2019 $5,744 $485,370 $227,000 $258,370
2018 $5,363 $466,370 $208,000 $258,370
2017 $5,137 $442,430 $194,000 $248,430
2016 $5,126 $442,430 $194,000 $248,430
Source: Public Records

Map

Virginia Fairfax County Springfield 22151

5506 Margate St, Springfield, VA

Not Listed for Sale

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