5117 Palmetto Bay Ct
Centreville, VA 20120
3 bd 3 ba 1,971 sqft Built 1993 condos
Most recent sale
$350,000
Sep 8, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 8, 2022 | Sold | $350,000 | MLS #VAFX2080362 |
| Aug 8, 2022 | Listed | $375,000 | MLS #VAFX2080362 |
| Feb 24, 1994 | Sold | $137,643 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $358,480 | $90,000 | $448,480 | $5,184 |
| 2024 | $358,480 | $90,000 | $448,480 | $4,680 |
| 2023 | $296,680 | $74,000 | $370,680 | $4,183 |
| 2022 | $264,960 | $66,000 | $330,960 | $3,784 |
| 2021 | $261,680 | $66,000 | $327,680 | $3,845 |
| 2020 | $252,080 | $63,000 | $315,080 | $3,729 |
| 2019 | $242,080 | $58,000 | $300,080 | $3,551 |
| 2018 | $230,540 | $58,000 | $288,540 | $3,318 |
| 2017 | $230,540 | $58,000 | $288,540 | $3,350 |
| 2016 | $239,000 | $60,000 | $299,000 | $3,464 |
| 2015 | $233,710 | $58,000 | $291,710 | $3,255 |
| 2014 | $212,190 | $53,000 | $265,190 | $2,953 |
| 2013 | $206,470 | $51,000 | $257,470 | $2,848 |
| 2012 | $201,430 | $50,000 | $251,430 | $2,756 |
| 2011 | $190,200 | $47,000 | $237,200 | $2,576 |
| 2010 | $190,200 | $47,000 | $237,200 | $2,623 |
| 2009 | $215,540 | $54,000 | $269,540 | $2,806 |
| 2008 | $254,100 | $63,000 | $317,100 | $2,920 |
| 2007 | $264,250 | $66,000 | $330,250 | $2,942 |
Property facts
Year built
1993
Property type
condos
Stories
3
Beds
3
Baths
3
Living area
1,971 sqft
Lot size
—
ZIP code
20120
City
Centreville
Street
Palmetto Bay Ct
Coordinates
38.86412, -77.44420
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,957
Gross rental yield
10.14%
Implied cap rate
6.59%
Trend-extrapolated value
—
Frequently asked questions
When did 5117 Palmetto Bay Ct last sell?
5117 Palmetto Bay Ct most recently sold on Sep 8, 2022 for $350,000.
What is the current tax assessment for 5117 Palmetto Bay Ct?
The most recent total assessment for 5117 Palmetto Bay Ct (year 2025) is $448,480 with $5,184 in property tax.
How does 5117 Palmetto Bay Ct's assessment compare to its last sale price?
The current assessment is 28.1% above the last sale price of $350,000.
When was 5117 Palmetto Bay Ct built?
5117 Palmetto Bay Ct was built in 1993.
How does 5117 Palmetto Bay Ct compare to others on Palmetto Bay Ct?
We do not currently track other properties on Palmetto Bay Ct.
What are the property facts for 5117 Palmetto Bay Ct?
5117 Palmetto Bay Ct is a 3 bed, 3 bath, 1,971 sqft condos.
Is 5117 Palmetto Bay Ct a flip candidate?
No — 5117 Palmetto Bay Ct does not appear in our flips dataset.
Is 5117 Palmetto Bay Ct a tax-appeal candidate?
Yes — 5117 Palmetto Bay Ct appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.9%
Implied 1-yr
-7.8%
2026 Q3
$620.4K
2026 Q4
$606.6K
ZIP 20120 — Median Price History + Forecast
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Geography