NOT LISTED FOR SALE

5508 Margate St Springfield, VA 22151

Estimated Value: $786,000 - $814,000

4 Beds
2.5 Baths
1,950 Sq Ft
$410/Sq Ft Est. Value

Last Sold March 10, 2014

Last sale price $483,000 $248 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $5,097/month

56 Days on Market

Highlights

  • Gourmet Kitchen
  • Open Floorplan
  • Wood Flooring
  • Kings Glen Elementary School Rated A-
  • Colonial Architecture
  • No HOA

About This Home

As of March 2014

This lovely 4 bedrooms 2.5 baths colonial home has been tastefully renovated. Gourmet kitchen with beautiful new custom cabinets and granite counter tops. A beautiful wooded lot, charming covered front porch, rich hardwood floors, and an open floor plan are just some of the features that make this home so special. Updated bathrooms with designer tiles and custom cabinets. New roof, new windows.

Last Agent to Sell the Property

Elizabeth Sachero-Perez

Long & Foster Real Estate, Inc. License #SP98369808 Listed on: 12/18/2013

Long & Foster Real Estate, Inc.

Co-Listed By

Carlos Perez

Long & Foster Real Estate, Inc. License #5012225

Last Buyer's Agent

Steve fagan

USA One Realty Corporation License #0225160189

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,535

Year Built

  • Built in 1965

Lot Details

  • 10,500 Sq Ft Lot
  • Property is in very good condition
  • Property is zoned 130

Parking

  • 1 Car Attached Garage
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,950 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Crown Molding
  • Screen For Fireplace
  • Fireplace Mantel
  • Window Treatments
  • Combination Kitchen and Dining Room
  • Wood Flooring

Kitchen

  • Gourmet Kitchen
  • Kitchen Island
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • 2.5 Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Kings Park Subdivision

Listing and Financial Details

  • Tax Lot 411
  • Assessor Parcel Number 79-1-6- -411

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,535

Year Built

Built in 1965

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1965
  • Remarks Public: This lovely 4 bedrooms 2.5 baths colonial home has been tastefully renovated. Gourmet kitchen with beautiful new custom cabinets and granite counter tops. A beautiful wooded lot, charming covered front porch, rich hardwood floors, and an open floor plan are just some of the features that make this home so special. Updated bathrooms with designer tiles and custom cabinets. New roof, new windows.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Gourmet, Kitchen - Island, Combination Kitchen/Dining, Primary Bath(s), Crown Moldings, Upgraded Countertops, Window Treatments, Wood Floors, Floor Plan - Open
  • Fireplace Features: Mantel(s), Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Living Room
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1950
  • Living Area Sq Ft: 1950
  • Price Per Sq Ft: 250.77
  • Above Grade Finished Sq Ft: 1950
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5508

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Combination, Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Garage
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Improvement Assessed Value: 230020.00
  • Land Assessed Value: 180000.00
  • Lot Size Acres: 0.24
  • Lot Size Area: 10500
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10500.00
  • Property Condition: Very Good
  • Year Assessed: 2013
  • Zoning: 130

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 19496111
  • Tax Annual Amount: 4534.82
  • Assessor Parcel Number: 79-1-6- -411
  • Tax Lot: 411
  • Tax Page Number: 791
  • Tax Total Finished Sq Ft: 1950
  • County Tax Payment Frequency: Annually
  • Tax Year: 2013
  • Close Date: 03/10/2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2013
Closed on
Mar 10, 2014
Sold by
Nguyen Lan Y
Bought by
Le Huy Q
Seller's Agent
Elizabeth Sachero-Perez
Long & Foster Real Estate, Inc.
Buyer's Agent
Steve fagan
USA One Realty Corporation
List Price
$499,000
Sold Price
$483,000
Premium/Discount to List
-$16,000
-3.21%
Current Estimated Value
$799,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$316,580
Avg. Annual Appreciation
4.47%
Original Mortgage
$386,400
Interest Rate
4.39%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 18, 2013
Closed on
Jun 20, 2013
Sold by
Wells Fargo Bank Na
Bought by
Nguyen Lan Y
Seller's Agent
Michael Poole
CENTURY 21 New Millennium
Buyer's Agent
Elizabeth Perez
Long & Foster Real Estate, Inc.
List Price
$381,150
Sold Price
$390,000
Premium/Discount to List
$8,850
2.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.73%

Purchase Details

Closed on
Apr 4, 2013
Sold by
Professional Foreclosure Corp and King Chung H L
Bought by
Wells Fargo Bank Na
Source: Public Records

Range of Values:

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Average Value
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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
Le Huy Q $483,000 --
Nguyen Lan Y $390,000 --
Wells Fargo Bank Na $390,718 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Le Huy Q $336,000
Closed Le Huy Q $386,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2014 03/10/14 Sold $483,000 -1.2% $248 / Sq Ft
02/12/2014 02/12/14 Pending -- -- --
01/27/2014 01/27/14 Price Changed $489,000 -2.0% $251 / Sq Ft
12/18/2013 12/18/13 For Sale $499,000 +27.9% $256 / Sq Ft
06/28/2013 06/28/13 Sold $390,000 +2.3% $200 / Sq Ft
06/05/2013 06/05/13 Pending -- -- --
05/18/2013 05/18/13 For Sale $381,150 -2.3% $195 / Sq Ft
05/18/2013 05/18/13 Off Market $390,000 -- --
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 $8,059 $695,670 $275,000 $420,670
2023 $7,611 $674,430 $275,000 $399,430
2022 $7,499 $655,770 $270,000 $385,770
2021 $6,711 $571,880 $240,000 $331,880
2020 $6,487 $548,090 $235,000 $313,090
2019 $6,249 $528,050 $227,000 $301,050
2018 $5,854 $509,050 $208,000 $301,050
2017 $5,613 $483,470 $194,000 $289,470
2016 $5,601 $483,470 $194,000 $289,470
2015 $5,288 $473,790 $190,000 $283,790
2014 $4,637 $416,420 $180,000 $236,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003787122

Bright MLS

APN: 0791-06-0411