5506 Margate St Springfield, VA 22151
Estimated Value: $700,000 - $777,000
4
Beds
3
Baths
1,950
Sq Ft
$379/Sq Ft
Est. Value
About This Home
This home is located at 5506 Margate St, Springfield, VA 22151 and is currently estimated at $738,149, approximately $378 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
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
$531,710
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
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Home Values in the Area
Average Home Value in this Area
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
| 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
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