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Off market
    • $626,000

    5120 Observation Way, Alexandria, VA 22312

    3beds
    1,447sqft
    Townhouse
    Built in 1992
    -- sqft lot
    $626,000 Zestimate®
    $433/sqft
    $3,115 Estimated rent

    Home value

    $626,000

    $595,000 - $657,000

    $3,115/mo

    Zestimate® history
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    What's special

    Wood burning fireplaceTraditional open floor planGranite countertopsGas stoveCrown moldingGourmet kitchenStainless steel appliances

    Spacious TH w/private setting. Best location-backs to Lincolnia Park/Playground. Traditional, open floor plan. Large, entry level recreation/family room. Open living/dining rooms feature hardwoods + wood burning fireplace and crown molding. Gourmet kitchen with granite countertops, stainless steel appliances, gas stove, french-door fridge. 10 minutes walk to bus stop that takes you directly to Pentagon Station. Owner is responsible for HOA expenses which includes snow removal and trash collection. Tenant is responsible fo electricity, water, gas, and cable/internet

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Breakfast Nook, Dining Room, Family Room, Master Bath
    Heating
    • Fireplace
    Cooling
    • Air Conditioner, Ceiling Fan
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Microwave, Range Oven, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Ceiling Fan(s), Storage, Walk-In Closet(s), Wired for Data
    • Flooring: Hardwood
    • Windows: Double Pane Windows
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,447 sqft

    Property

    Parking
    • Details: Contact manager
    Features
    • Exterior features: Balcony, Granite countertop, Guest parking, Jacuzzi / Whirlpool, Living room, Stainless steel appliances
    • Fencing: Fenced Yard
    Lot
    • Features: Near Public Transit
    Details
    • Parcel number: 0723310011

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Townhouse
    Condition
    • Year built: 1992

    Utilities & green energy

    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Deposit fee: $2,700
    Location
    • Region: Alexandria

    Financial & listing details

    • Price per square foot: $433/sqft
    • Tax assessed value: $605,040
    • Annual tax amount: $6,994
    • Date on market: 7/5/2026
    • Date available: 08/01/2026
    • Lease term: 1 Year

    Price history

    DateEventPrice
    7/14/2026Listing removed$2,700$2/sqft
    Source: Zillow Rentals Report a problem
    7/5/2026Listed for rent$2,700+12.5%$2/sqft
    Source: Zillow Rentals Report a problem
    3/8/2021Listing removed--
    Source: Owner Report a problem
    9/8/2017Listing removed$2,400$2/sqft
    Source: Owner Report a problem
    8/15/2017Price change$2,400-3%$2/sqft
    Source: Owner Report a problem
    8/5/2017Price change$2,475-1%$2/sqft
    Source: Owner Report a problem
    7/28/2017Listed for rent$2,500+13.6%$2/sqft
    Source: Owner Report a problem
    11/3/2015Listing removed$2,200$2/sqft
    Source: Beltran & Associates Realty Report a problem
    10/29/2015Listed for rent$2,200$2/sqft
    Source: Beltran & Associates Realty Report a problem
    2/16/2011Sold$392,000-3.2%$271/sqft
    Source: Public Record Report a problem
    11/7/2010Listed for sale$405,000-10%$280/sqft
    Source: RE/MAX Premier #FX7474801 Report a problem
    7/1/2005Sold$450,000+32.4%$311/sqft
    Source: Public Record Report a problem
    10/27/2003Sold$340,000+100%$235/sqft
    Source: Public Record Report a problem
    4/28/1999Sold$170,000$117/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,994 +3.7%$605,040 +3.9%
    2024$6,747 +2.7%$582,390
    2023$6,572 +10.4%$582,390 +11.8%
    2022$5,955 $520,740 +10.9%
    2021-- $469,420 +2.4%
    2020$5,426 +6.4%$458,460 +6.4%
    2019$5,102 +3.9%$431,080 +3.9%
    2018$4,910 +1.9%$414,870
    2017$4,817 +0.2%$414,870
    2016$4,806 +6.9%$414,870 +3%
    2015$4,497 +0.2%$402,930
    2014$4,487 $402,930 +12.6%
    2013-- $357,880
    2012-- $357,880 +5.2%
    2011-- $340,220 +5.6%
    2010-- $322,210 -6.1%
    2009-- $343,010 -9.8%
    2008-- $380,280 -12.8%
    2007-- $436,340 +85%
    2003-- $235,890 +15.6%
    2002-- $204,020 +21%
    2001-- $168,610
    Find assessor info on the county website

    Neighborhood: 22312

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    Estimated market value
    $626,000
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    Estimated market value
    $626,000

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