NOT LISTED FOR SALE

River Place South 1021 Arlington Blvd Unit 1035 Arlington, VA 22209

-- Bed
1 Bath
383 Sq Ft
$349/mo HOA Fee

Last Sold June 26, 2023

Last sale price $149,000 $389 Per Sq Ft

13 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Contemporary Architecture
  • Dorothy Hamm Middle School Rated A
  • Clubhouse
  • Wood Flooring

About This Home

As of June 2023

INVESTORS you cannot find any property in Arlington with better returns than this. Cap rate of 10-13% on this simple straightforward deal. This studio unit has been RENOVATED TO A JR - 1 BEDROOM with a separate master suite connected to bathroom. Brings in $200-$400 higher price point than other identical sized units. Always a rotating pool of Georgetown students, young professionals, and nurses for SHORT AND LONG TERM RENTALS. Renovated with upgraded Kitchen, full size appliances and maximum storage spacing. River Place lives and feels like a mini city within a city. It has markets and hair salons, 24 hours front desk service. Also has pool and large fitness center. Minutes from Rosslyn, Key Bridge and Georgetown, Metro stop across the street. Low condo fee includes everything. Also can be used as a Pied a tierre for those who need to access DC from time to time. Property is apart of a coop community. All sales must be approved by coop board. Community is on a land lease that expires on December 20, 2052.

Last Agent to Sell the Property

Aaquil Atkins

(202) 423-1140 aaquil.ateamre@gmail.com KW Metro Center License #0225209205 Listed on: 03/15/2023

KW Metro Center

Last Buyer's Agent

Aaquil Atkins

(202) 423-1140 aaquil.ateamre@gmail.com KW Metro Center License #0225209205 Listed on: 03/15/2023

KW Metro Center

Property Details

Home Type

  • Co-Op

Est. Annual Taxes

  • $1,268

Year Built

  • Built in 1955

HOA Fees

  • $349 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 10th floor
  • Brick Exterior Construction

Interior Spaces

  • 1 Full Bathroom
  • 383 Sq Ft Home
  • Property has 1 Level
  • Combination Dining and Living Room
  • Den
  • Efficiency Studio
  • Wood Flooring
  • Laundry in Basement

Kitchen

  • Galley Kitchen
  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Schools

  • Yorktown High School

Utilities

  • 90% Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 17-042-387

Community Details

Overview

  • Association fees include air conditioning, common area maintenance, electricity, exterior building maintenance, gas, health club, heat, management, pool(s), snow removal, taxes, trash, water, sewer, security gate, reserve funds
  • High-Rise Condominium
  • River Place East Coop Condos
  • River Place East Subdivision

Amenities

  • Common Area
  • Beauty Salon
  • Clubhouse
  • Laundry Facilities
  • Elevator
  • Convenience Store

Recreation

  • Community Playground

Pet Policy

  • No Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Co-Op

Est. Annual Taxes

$1,268

Year Built

Built in 1955

Lot Details

0

HOA Fees

$349 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Ownership: Cooperative
  • New Construction: No
  • Story List: Main
  • Year Built: 1955
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Coop
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances
  • Entry Floor: 10
  • Interior Amenities: Combination Dining/Living, Efficiency, Kitchen - Galley, Wood Floors
  • Fireplace: No
  • Levels Count: 1
  • Room List: Den
  • Basement: No
  • Laundry Type: Common, Basement
  • Total Sq Ft: 383
  • Living Area Sq Ft: 383
  • Price Per Sq Ft: 389.03
  • Above Grade Finished Sq Ft: 383
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • 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: 349.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: RIVER PLACE EAST COOP
  • HOA Condo Co-Op Amenities: Beauty Salon, Club House, Common Grounds, Convenience Store, Exercise Room, Elevator, Fitness Center, Gated Community, Laundry Facilities, Pool - Outdoor, Swimming Pool, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Common Area Maintenance, Electricity, Ext Bldg Maint, Gas, Health Club, Heat, Management, Pool(s), Snow Removal, Taxes, Trash, Water, Sewer, Security Gate, Reserve Funds
  • HOA: No
  • Senior Community: No
  • Community Pool Features: Lap/Exercise

Schools

  • School District Source: Listing Agent
  • High School: YORKTOWN

Lot Info

  • Zoning: RA4.8
  • In City Limits: Yes

Rental Info

  • Pets Allowed: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 1268.00
  • Assessor Parcel Number: 17-042-387
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: ARLINGTON COUNTY PUBLIC SCHOOLS

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/26/2023 06/26/23 Sold $149,000 0.0% $389 / Sq Ft
03/15/2023 03/15/23 For Sale $149,000 +10.4% $389 / Sq Ft
12/09/2022 12/09/22 Sold $135,000 -3.6% $352 / Sq Ft View Prior Sale
10/25/2022 10/25/22 For Sale $140,000 0.0% $366 / Sq Ft
10/01/2020 10/01/20 Rented $1,175 0.0% --
09/11/2020 09/11/20 For Rent $1,175 -21.7% --
08/30/2019 08/30/19 Rented $1,500 0.0% --
08/26/2019 08/26/19 Under Contract -- -- --
08/16/2019 08/16/19 Price Changed $1,500 -1.6% $4 / Sq Ft
08/09/2019 08/09/19 For Rent $1,525 0.0% --
07/26/2019 07/26/19 Off Market $1,525 -- --
07/24/2019 07/24/19 Price Changed $1,525 -3.2% $4 / Sq Ft
07/09/2019 07/09/19 For Rent $1,575 +1.9% --
07/27/2018 07/27/18 Rented $1,545 -2.5% --
07/27/2018 07/27/18 Under Contract -- -- --
06/11/2018 06/11/18 For Rent $1,585 +15.3% --
10/31/2014 10/31/14 Rented $1,375 -19.1% --
10/31/2014 10/31/14 Under Contract -- -- --
07/05/2014 07/05/14 For Rent $1,700 0.0% --
09/21/2012 09/21/12 Sold $160,000 0.0% $418 / Sq Ft View Prior Sale
09/14/2012 09/14/12 Rented $1,700 0.0% --
09/14/2012 09/14/12 Under Contract -- -- --
09/05/2012 09/05/12 For Rent $1,700 0.0% --
08/17/2012 08/17/12 Pending -- -- --
08/15/2012 08/15/12 For Sale $164,950 -- $431 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAAR2028220

Bright MLS