NOT LISTED FOR SALE

5575 Seminary Rd Unit 401 Falls Church, VA 22041

Estimated Value: $368,000 - $392,000

2 Beds
1 Bath
1,016 Sq Ft
$406/mo HOA Fee

Last Sold November 30, 2012

Last sale price $252,000 $248 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,861/month

14 Days on Market

Highlights

  • Fitness Center
  • Upgraded Countertops
  • Breakfast Area or Nook
  • Open Floorplan
  • Community Pool
  • 4-minute walk to Skyline Park

About This Home

As of November 2012

Two spacious bedrooms, ample closet space, granite counters, gas fireplace & a private balcony, are just some of the great features offered in this top floor unit. Community amenities include garage parking, swimming pool & fitness center. Convenient location, close to bus stops and shopping.

Last Agent to Sell the Property

Shazia Begin

Compass License #0225182114 Listed on: 10/12/2012

Compass

Last Buyer's Agent

Lori Jung

Galaxy Realty LLC License #0225081066

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,459

Year Built

  • Built in 1994

Lot Details

  • Property is in very good condition

HOA Fees

  • $406 Monthly HOA Fees

Home Design

  • Tar and Gravel Roof

Interior Spaces

  • 1,016 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Fireplace Mantel
  • Combination Dining and Living Room

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Subterranean Parking
  • Parking Space Number Location: 96

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 62-3-15-A -401

Community Details

Overview

  • Association fees include exterior building maintenance, lawn maintenance, insurance, parking fee, pool(s), snow removal, trash, water
  • Low-Rise Condominium
  • Savoy Park Condominiums Subdivision, Lafayette Floorplan
  • Savoy Park Community

Amenities

  • Elevator
  • Community Storage Space

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,459

Year Built

Built in 1994

Lot Details

0

HOA Fees

$406 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1994
  • Remarks Public: Two spacious bedrooms, ample closet space, granite counters, gas fireplace & a private balcony, are just some of the great features offered in this top floor unit. Community amenities include garage parking, swimming pool & fitness center. Convenient location, close to bus stops and shopping.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove, Washer
  • Interior Amenities: Breakfast Area, Combination Dining/Living, Upgraded Countertops, Floor Plan - Open
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Top Floor
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1016
  • Living Area Sq Ft: 1016
  • Price Per Sq Ft: 260.83
  • Above Grade Finished Sq Ft: 1016
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5575

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 Completed: No
  • Roof: Tar/Gravel
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Garage
  • Parking Space Number Assigned: 96
  • Garage Features: Underground

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • 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: 406.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Exercise Room, Extra Storage, Pool - Outdoor, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Lawn Maintenance, Insurance, Parking Fee, Pool(s), Snow Removal, Trash, Water
  • HOA Condo Co-Op Rules: Pets - Allowed
  • HOA: No

Lot Info

  • Improvement Assessed Value: 179400.00
  • Land Assessed Value: 45000.00
  • Property Condition: Very Good
  • Year Assessed: 2012
  • Zoning: 402

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 19332557
  • Tax Annual Amount: 2459.42
  • Assessor Parcel Number: 62-3-15-A -401
  • Tax Page Number: 623
  • Tax Total Finished Sq Ft: 1016
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012
  • Close Date: 11/30/2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2012
Closed on
Nov 30, 2012
Sold by
Tomlyanovich William J
Bought by
Kim Evelyn S
Seller's Agent
Shazia Begin
Compass
Buyer's Agent
Lori Jung
Galaxy Realty LLC
List Price
$265,000
Sold Price
$252,000
Premium/Discount to List
-$13,000
-4.91%
Current Estimated Value
$390,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,926
Avg. Annual Appreciation
3.16%
Original Mortgage
$247,435
Interest Rate
3.4%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 1, 1994
Sold by
Tenth Skyline Asoc Lp
Bought by
Anderson Vivian I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
8.65%
Source: Public Records

Range of Values:

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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
Kim Evelyn S $252,000 --
Anderson Vivian I $137,242 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Evelyn S $209,600
Closed Kim Evelyn S $247,435
Previous Owner Anderson Vivian I $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2012 11/30/12 Sold $252,000 -4.9% $248 / Sq Ft
10/26/2012 10/26/12 Pending -- -- --
10/12/2012 10/12/12 For Sale $265,000 -- $261 / 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 $3,766 $325,040 $65,000 $260,040
2023 $3,561 $315,570 $63,000 $252,570
2022 $3,573 $312,450 $62,000 $250,450
2021 $3,595 $306,320 $61,000 $245,320
2020 $3,453 $291,730 $58,000 $233,730
2019 $3,257 $275,220 $55,000 $220,220
2018 $2,931 $254,830 $51,000 $203,830
2017 $2,959 $254,830 $51,000 $203,830
2016 $2,952 $254,830 $51,000 $203,830
2015 $2,761 $247,410 $49,000 $198,410
2014 $2,374 $213,180 $43,000 $170,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004191434

Bright MLS

APN: 0623-15A-0401