NOT LISTED FOR SALE

5573 Seminary Rd Unit 408 Baileys Crossroads, VA 22041

Estimated Value: $299,000 - $342,000

1 Bed
1 Bath
774 Sq Ft
$298/mo HOA Fee

Last Sold November 02, 2012

Last sale price $198,500 $256 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,254/month

25 Days on Market

Highlights

  • Fitness Center
  • Contemporary Architecture
  • Community Pool
  • Open Floorplan
  • 1 Fireplace
  • 4-minute walk to Skyline Park

About This Home

As of November 2012

Welcome to Savoy Park! This bright and modern condo is conveniently located in the Baileys Crossroads/ Skyline neighborhood. Open floorplan on top floor. Large balcony with fantastic view. Luxury condo amenities include: pool, fitness, clubhouse, and shuttle to Metro! Close to new Mark Center, Shirlington, and many shopping and dining options. VA and FHA Approved!

Last Agent to Sell the Property

Joseph Estabrooks

(703) 307-5989 Joe@JoeEstabrooks.com Keller Williams Capital Properties License #0225079062 Listed on: 09/13/2012

Keller Williams Capital Properties

Last Buyer's Agent

Ray Gernhart

(703) 855-6384 ray@talktoray.com Samson Properties License #0225027616

Samson Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,171

Year Built

  • Built in 1994

Lot Details

  • 0.44

HOA Fees

  • $298 Monthly HOA Fees

Parking

  • Subterranean Parking

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 774 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • 1 Fireplace
  • Window Treatments
  • Entrance Foyer
  • Combination Dining and Living Room
  • Alarm System

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Accessible Elevator Installed
  • Balcony
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 62-3-15-B -408

Community Details

Overview

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

Amenities

  • Common Area
  • Community Center

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,171

Year Built

Built in 1994

Lot Details

0

HOA Fees

$298 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 Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Refrigerator, Stove, Washer
  • Interior Amenities: Combination Dining/Living, Window Treatments, Floor Plan - Open
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Foyer
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 774
  • Living Area Sq Ft: 774
  • Price Per Sq Ft: 258.27
  • Above Grade Finished Sq Ft: 774
  • Above Grade Finished Area Units: Square Feet

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: Combination, Brick
  • Construction Completed: No
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Garage
  • Garage Features: 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
  • Security: Electric Alarm, Smoke Detector, Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 297.56
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Community Center, Exercise Room, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Insurance, Pool(s), Recreation Facility, Reserve Funds, Road Maintenance, Sewer, Snow Removal, Water
  • HOA Condo Co-Op Rules: Moving Fees Required, Moving In Times, Renting, Restrictions
  • HOA: No

Lot Info

  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Zoning: 402

Rental Info

  • Vacation Rental: No

Multi Family

  • Metering: Electric Separate, Gas Separate

Tax Info

  • Tax Annual Amount: 2170.53
  • Assessor Parcel Number: 62-3-15-B -408
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2012
Closed on
Nov 1, 2012
Sold by
Al Sane Alya
Bought by
Marcu Sorin
Seller's Agent
Joseph Estabrooks
Keller Williams Capital Properties
Buyer's Agent
Ray Gernhart
Samson Properties
List Price
$199,900
Sold Price
$198,500
Premium/Discount to List
-$1,400
-0.7%
Current Estimated Value
$320,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,000
Avg. Annual Appreciation
3.72%
Original Mortgage
$178,650
Outstanding Balance
$124,091
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$196,409

Purchase Details

Closed on
Sep 25, 2000
Sold by
Franz Mark A
Bought by
Al-Sane Alyva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,300
Interest Rate
8%

Purchase Details

Closed on
May 27, 1994
Sold by
Tenth Skyline Assoc Lp
Bought by
Franz Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,450
Interest Rate
8.22%
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
Marcu Sorin $198,500 --
Al-Sane Alyva $119,000 --
Franz Mark A $113,640 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marcu Sorin $178,650
Previous Owner Al-Sane Alyva $83,300
Previous Owner Franz Mark A $108,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2012 11/02/12 Sold $198,500 -0.7% $256 / Sq Ft
10/08/2012 10/08/12 Pending -- -- --
09/13/2012 09/13/12 For Sale $199,900 -- $258 / 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 $3,237 $296,200 $59,000 $237,200
2024 $3,237 $279,430 $56,000 $223,430
2023 $3,032 $268,680 $54,000 $214,680
2022 $2,768 $242,050 $48,000 $194,050
2021 $2,812 $239,650 $48,000 $191,650
2020 $2,651 $223,970 $45,000 $178,970
2019 $2,501 $211,290 $42,000 $169,290
2018 $2,382 $207,150 $41,000 $166,150
2017 $2,405 $207,150 $41,000 $166,150
2016 $2,451 $211,540 $42,000 $169,540
2015 $2,292 $205,380 $41,000 $164,380
2014 $2,076 $186,440 $37,000 $149,440
Source: Public Records

Agents Affiliated with this Home

  • Joseph Estabrooks

    Seller's Agent in 2012

    Joseph Estabrooks

    Keller Williams Capital Properties

    (703) 307-5989

    64 Total Sales

    Joseph Estabrooks
    Section Image
  • Ray Gernhart

    Buyer's Agent in 2012

    Ray Gernhart

    Samson Properties

    (703) 855-6384

    3 in this area

    409 Total Sales

    Ray Gernhart
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1004159378

Bright MLS

APN: 0623-15B-0408

Virginia Fairfax County 22041

5573 Seminary Rd Unit 408, VA

Not Listed for Sale

Condos

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