NOT LISTED FOR SALE

Savoy Park 5565 Seminary Rd Unit 116 Falls Church, VA 22041

Estimated Value: $288,000 - $308,000

1 Bed
1 Bath
729 Sq Ft
$318/mo HOA Fee

Last Sold April 26, 2012

Last sale price $190,000 $261 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,220/month

10 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Meeting Room
  • Private Pool
  • Contemporary Architecture
  • 1-minute walk to Skyline Park

About This Home

As of April 2012

FABULOUS Sun-Filled Unit! 2 GAR SPACES!!!LARGEST 1BR mod. Livroom opens to private spacious Patio*Courtyard VIEWS*Lots of STORAGE & EXPANSIVE PANTRYin kitch*Walk-in Closet in MBR.UPGRADES:NEW CARPET,HDW in Foyer & ceramic flrs;NEW dishwash,newer Washer/Dryer in sep.closet; refriger.UNBEATABLE LOCATION-Walk to Marc Center;SHOPS,MOVIES, SHUTTLE TO PENTAGON METRO. FHA APPROVED.

Last Agent to Sell the Property

Kamalia Emerson

Samson Properties License #581812 Listed on: 02/17/2012

Samson Properties

Last Buyer's Agent

Joyce Becker

Weichert, REALTORS License #0225057756

Weichert, REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,148

Year Built

  • Built in 1995

Lot Details

  • 0.45

HOA Fees

  • $318 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Front
  • Stucco

Interior Spaces

  • 729 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Subterranean Parking
  • Rented or Permit Required
  • Parking Space Conveys

Pool

  • Private Pool

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 62-3-15-C -116

Community Details

Overview

  • Moving Fees Required
  • Association fees include common area maintenance, exterior building maintenance, management, insurance, pool(s), reserve funds, sewer, snow removal, trash, water
  • Low-Rise Condominium
  • Savoy Park Community
  • Savoy Park Condominiums Subdivision
  • The community has rules related to moving in times, parking rules

Amenities

  • Meeting Room
  • Party Room
  • Elevator

Recreation

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,148

Year Built

Built in 1995

Lot Details

0

HOA Fees

$318 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1995
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Microwave, Refrigerator, Stove, Washer
  • Interior Amenities: Breakfast Area, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Patio
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 729
  • Living Area Sq Ft: 729
  • Price Per Sq Ft: 260.49
  • Above Grade Finished Sq Ft: 729
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5565

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick Front, Stucco
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community, Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Garage, Rented/Permit Required, Parking Space Conveys
  • Garage Features: Covered Parking, Underground

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: Yes
  • Condo Co-Op Fee: 317.56
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Exercise Room, Meeting Room, Party Room, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Management, Insurance, Pool(s), Reserve Funds, Sewer, Snow Removal, Trash, Water
  • HOA Condo Co-Op Rules: Elevator Use, Moving Fees Required, Moving In Times, Parking
  • HOA: No

Lot Info

  • Year Assessed: 2011
  • Zoning: 402

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2148.11
  • Assessor Parcel Number: 62-3-15-C -116
  • Tax Total Finished Sq Ft: 729
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011
  • Close Date: 04/26/2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2012
Closed on
Apr 26, 2012
Sold by
Billings Nicole A
Bought by
Campbell Aja
Seller's Agent
Kamalia Emerson
Samson Properties
Buyer's Agent
Joyce Becker
Weichert, REALTORS
List Price
$189,900
Sold Price
$190,000
Premium/Discount to List
$100
0.05%
Current Estimated Value
$300,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,075
Avg. Annual Appreciation
3.49%
Original Mortgage
$185,183
Outstanding Balance
$130,623
Interest Rate
3.91%
Mortgage Type
FHA
Estimated Equity
$169,452

Purchase Details

Closed on
Mar 2, 2001
Sold by
Reid Joseph P D
Bought by
Billings Nicole A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,663
Interest Rate
7%

Purchase Details

Closed on
Aug 27, 1996
Sold by
Tenth Skyline Associates Lp
Bought by
Reid Joseph P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,050
Interest Rate
8.4%
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
Campbell Aja $190,000 --
Billings Nicole A $107,900 --
Reid Joseph P $99,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Campbell Aja $185,183
Previous Owner Billings Nicole A $104,663
Previous Owner Reid Joseph P $97,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2012 04/26/12 Sold $190,000 +0.1% $261 / Sq Ft
02/27/2012 02/27/12 Pending -- -- --
02/17/2012 02/17/12 For Sale $189,900 -- $260 / Sq Ft
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 $3,198 $276,010 $55,000 $221,010
2023 $2,995 $265,390 $53,000 $212,390
2022 $2,734 $239,090 $48,000 $191,090
2021 $2,778 $236,720 $47,000 $189,720
2020 $2,618 $221,230 $44,000 $177,230
2019 $2,470 $208,710 $42,000 $166,710
2018 $2,400 $208,710 $42,000 $166,710
2017 $2,423 $208,710 $42,000 $166,710
2016 $2,469 $213,110 $43,000 $170,110
2015 $2,309 $206,900 $41,000 $165,900
2014 $2,092 $187,910 $38,000 $149,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003858606

Bright MLS

APN: 0623-15C-0116