NOT LISTED FOR SALE

5573 Seminary Rd Unit 316 Baileys Crossroads, VA 22041

Estimated Value: $360,000 - $396,000

2 Beds
1 Bath
1,016 Sq Ft
$345/mo HOA Fee

Last Sold July 30, 2012

Last sale price $230,000 $226 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,631/month

13 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Contemporary Architecture
  • Private Pool
  • Clubhouse
  • 4-minute walk to Skyline Park

About This Home

As of July 2012

Great Price! Come discover elegant Savoy Park. Open concept living spaces, 2 large bedrooms, walk in closet, in-unit washer/dryer H/U, plus balcony w/ peaceful courtyard view. Kitchen feat. natural oak cabinets, track lighting, & pantry. Pool, garage parking, clubhouse, GYM, & metro bus at your front door. Great Skyline location with plenty of shopping & restaurants all within walking distance.

Last Agent to Sell the Property

Grant Doe JR.

(571) 215-1816 GrantJr@lnf.com Long & Foster Real Estate, Inc. Listed on: 02/10/2012

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Nora Rivera -Yelland

(571) 278-6523 buywithnora@gmail.com Samson Properties License #SP98362560

Samson Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,358

Year Built

  • Built in 1994

Lot Details

  • 0.44

HOA Fees

  • $345 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1,016 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Entrance Foyer
  • Combination Dining and Living Room
  • Home Security System

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Subterranean Parking
  • Parking Space Number Location: 195

Accessible Home Design

  • Accessible Elevator Installed

Pool

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 62-3-15-B -316

Community Details

Overview

  • Moving Fees Required
  • Association fees include common area maintenance, lawn maintenance, management, insurance, pool(s), sewer, trash, water
  • Low-Rise Condominium
  • Savoy Park Condominiums Subdivision, Lafayette Floorplan
  • Savoy Park Community
  • The community has rules related to covenants, renting

Amenities

  • Picnic Area
  • Clubhouse
  • Community Storage Space

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,358

Year Built

Built in 1994

Lot Details

0

HOA Fees

$345 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1994
  • Special Assessment Payment: Annually
  • Special Features: 12
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Combination Dining/Living, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Foundation Details: Concrete Perimeter
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Foyer
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1016
  • Living Area Sq Ft: 1016
  • Price Per Sq Ft: 206.69
  • Above Grade Finished Sq Ft: 1016
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • 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, 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
  • Parking Space Number Assigned: 195
  • Garage Features: Underground

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Main Entrance Lock, Sprinkler System - Indoor, Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 345.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Club House, Elevator, Exercise Room, Extra Storage, Picnic Area, Pool - Outdoor, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Management, Insurance, Pool(s), Sewer, Trash, Water
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA Condo Co-Op Rules: Covenants, Elevator Use, Moving Fees Required, Renting
  • HOA: No

Lot Info

  • Improvement Assessed Value: 174160.00
  • Land Assessed Value: 43000.00
  • Zoning: 402

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 19332610
  • Tax Annual Amount: 2358.36
  • Assessor Parcel Number: 62-3-15-B -316
  • Tax Page Number: 623
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011

Multi Family

  • Metering: Electric Separate, Gas Separate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2012
Closed on
Jul 30, 2012
Sold by
Lancaster Corey S
Bought by
Zuritz Beymar
Seller's Agent
Grant Doe JR.
Long & Foster Real Estate, Inc.
Buyer's Agent
Nora Rivera -Yelland
Samson Properties
List Price
$229,900
Sold Price
$230,000
Premium/Discount to List
$100
0.04%
Current Estimated Value
$378,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,000
Avg. Annual Appreciation
3.79%
Original Mortgage
$225,834
Outstanding Balance
$156,668
Interest Rate
3.7%
Mortgage Type
FHA
Estimated Equity
$221,332

Purchase Details

Closed on
Dec 10, 2010
Sold by
Lancaster Corey S
Bought by
Bella Homes Llc

Purchase Details

Closed on
Jun 30, 2005
Sold by
Robert David Coulton Trus
Bought by
Lancaster Corey S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
5.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2001
Sold by
Bland Angelique D
Bought by
Coultan Robert D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,900
Interest Rate
6.88%

Purchase Details

Closed on
May 17, 1994
Sold by
Tenth Skyline Assoc
Bought by
Bland Angelique D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,600
Interest Rate
7.93%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zuritz Beymar $230,000 --
Bella Homes Llc -- --
Lancaster Corey S $335,000 --
Coultan Robert D $154,950 --
Bland Angelique D $128,765 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zuritz Beymar $225,834
Previous Owner Lancaster Corey S $268,000
Previous Owner Coultan Robert D $134,900
Previous Owner Bland Angelique D $122,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2012 07/30/12 Sold $230,000 +9.5% $226 / Sq Ft
03/15/2012 03/15/12 Price Changed $210,000 -8.7% $207 / Sq Ft
02/23/2012 02/23/12 Pending -- -- --
02/10/2012 02/10/12 For Sale $229,900 -- $226 / 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
2025 $3,649 $337,030 $67,000 $270,030
2024 $3,649 $314,980 $63,000 $251,980
2023 $3,451 $305,810 $61,000 $244,810
2022 $3,462 $302,780 $61,000 $241,780
2021 $3,483 $296,840 $59,000 $237,840
2020 $3,346 $282,700 $57,000 $225,700
2019 $3,156 $266,700 $53,000 $213,700
2018 $2,840 $246,940 $49,000 $197,940
2017 $2,867 $246,940 $49,000 $197,940
2016 $2,861 $246,940 $49,000 $197,940
2015 $2,676 $239,750 $48,000 $191,750
2014 $2,297 $206,300 $41,000 $165,300
Source: Public Records

Agents Affiliated with this Home

  • Grant Doe JR.

    Seller's Agent in 2012

    Grant Doe JR.

    Long & Foster

    (571) 215-1816

    60 Total Sales

    Grant Doe JR.
    Section Image

  • N

    Buyer's Agent in 2012

    Nora Rivera -Yelland

    Samson Properties

    (571) 278-6523

    47 Total Sales

    Nora Rivera -Yelland
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003845250

Bright MLS

APN: 0623-15B-0316

Virginia Fairfax County 22041

5573 Seminary Rd Unit 316, VA

Not Listed for Sale

Condos

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