NOT LISTED FOR SALE

5700 Hanover Ave Springfield, VA 22150

Estimated Value: $2,994,473

Studio
1 Bath
11,934 Sq Ft
$251/Sq Ft Est. Value

About This Home

This home is located at 5700 Hanover Ave, Springfield, VA 22150 and is currently estimated at $2,994,473, approximately $250 per square foot. 5700 Hanover Ave is a home located in Fairfax County with nearby schools including Crestwood Elementary School, Key Middle, and Lewis High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2022
Sold by
International Calvary Church
Bought by
International Calvary Church
Current Estimated Value
$2,994,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,800,000
Outstanding Balance
$2,667,538
Interest Rate
5.25%
Mortgage Type
Construction
Estimated Equity
$326,935

Purchase Details

Closed on
Mar 8, 2001
Sold by
C L M T Joint Venture
Bought by
Lee Sung Ja

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
7.15%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
International Calvary Church $1,827,200 International Title
Lee Sung Ja $1,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open International Calvary Church $2,800,000
Previous Owner Lee Sung Ja $800,000
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 -- $1,598,370 $1,077,180 $521,190
2024 $20,972 $1,633,950 $1,077,180 $556,770
2023 $19,130 $1,747,010 $1,077,180 $669,830
2022 $20,894 $1,827,200 $1,077,180 $750,020
2021 $0 $1,601,940 $1,077,180 $524,760
2020 $22,434 $1,686,760 $1,175,100 $511,660
2019 $18,972 $1,426,470 $783,400 $643,070
2018 $18,738 $1,408,890 $783,400 $625,490
2017 $0 $1,439,410 $783,400 $656,010
2016 -- $1,454,740 $783,400 $671,340
Source: Public Records

Map

Virginia Fairfax County Springfield 22150

5700 Hanover Ave, Springfield, VA

Not Listed for Sale

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