NOT LISTED FOR SALE

1107 S Walter Reed Dr Unit 503 Arlington, VA 22204

Arlington Village Neighborhood

Estimated Value: $580,487 - $632,000

2 Beds
2 Baths
1,126 Sq Ft
$566/mo HOA Fee

Last Sold March 31, 2022

Last sale price $587,500 $522 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,428/month

94 Days on Market

Highlights

  • Penthouse
  • No Units Above
  • Wood Flooring
  • Thomas Jefferson Middle School Rated A-
  • Open Floorplan
  • 1-minute walk to Pike Park

About This Home

As of March 2022

Location, Location, Location..... 4 miles from the national Mall, 4 mins to the Pentagon, 7 minutes to National landing and Crystal city, 6 minutes to Shirlington dog park, walk to shops, restaurants cafes, and all needed conveniences. Bus stop and farmers market steps away. Columbia Pike library 2 blocks away, Bus stops very near the building, 2 miles to Amazon HQ2, Grocery store 2 blocks away, Quick access to bike lanes and trails. It has a 93 Walk score This is the PERFECT LOCATION! One assigned parking space, Elevator in building, Outdoor Community area with Grill and comfortable Adirondack chairs for time with friends and neighbors. Additional on site secure bike storage. All Brick mid rise building with a great coffee shop on the main level and 4 floors of residences above. This unit is the penthouse. Upon entrance, it feels beautifully sunny and bright and shows better than new . Hardwood flooring, built-ins, stainless appliances, was the model and still shows like a model. Built in 2015 so only 6 years old. Engineered Oak hardwood flooring throughout, ceramic tile in both bathrooms, the only unit in the building to have windows on all 4 sides with incredible views of the National cathedral, Rosslyn, Courthouse and Bailey's crossroads from the Living room. View of the Arms/Navy Country Club from the main bedroom. French doors with Juliet balcony, Smart switches throughout, smart thermostat, smart deadbolt on front door, All home humidifier attached to the furnace, Verizon FiOS and comcast available. Whirlpool stainless appliances. Full sized washer and dryer. Silestone countertops in Kitchen and baths. 10'ft ceilings and craftsman style finishes. Move in Ready. This is a truly gorgeous place to call home!

Last Agent to Sell the Property

Mari Kelly

Long & Foster Real Estate, Inc. Listed on: 11/29/2021

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Patricia Gallardo

Real Broker, LLC License #0225210881

Real Broker, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,073

Year Built

  • Built in 2015

Lot Details

  • No Units Above
  • 1 Common Wall
  • Property is in excellent condition

HOA Fees

  • $566 Monthly HOA Fees

Home Design

  • Penthouse
  • Brick Exterior Construction

Interior Spaces

  • 1,126 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Wood Flooring

Kitchen

  • Built-In Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Stacked Electric Washer and Dryer

Parking

  • Off-Site Parking
  • 1 Assigned Parking Space

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Patio
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill

Schools

  • Drew Model Elementary School
  • Jefferson Middle School
  • Wakefield High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 32-005-046

Community Details

Overview

  • Association fees include common area maintenance, custodial services maintenance, sewer, snow removal, trash, water
  • Low-Rise Condominium
  • Columbia Place Subdivision
  • Property Manager

Amenities

  • Picnic Area
  • Community Storage Space

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,073

Year Built

Built in 2015

Lot Details

0

HOA Fees

$566 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2015
  • Automatically Close On Close Date: No
  • Remarks Public: Location, Location, Location..... 4 miles from the national Mall, 4 mins to the Pentagon, 7 minutes to National landing and Crystal city, 6 minutes to Shirlington dog park, walk to shops, restaurants cafes, and all needed conveniences. Bus stop and farmers market steps away. Columbia Pike library 2 blocks away, Bus stops very near the building, 2 miles to Amazon HQ2, Grocery store 2 blocks away, Quick access to bike lanes and trails. It has a 93 Walk score This is the PERFECT LOCATION! One assigned parking space, Elevator in building, Outdoor Community area with Grill and comfortable Adirondack chairs for time with friends and neighbors. Additional on site secure bike storage. All Brick mid rise building with a great coffee shop on the main level and 4 floors of residences above. This unit is the penthouse. Upon entrance, it feels beautifully sunny and bright and shows better than new . Hardwood flooring, built-ins, stainless appliances, was the model and still shows like a model. Built in 2015 so only 6 years old. Engineered Oak hardwood flooring throughout, ceramic tile in both bathrooms, the only unit in the building to have windows on all 4 sides with incredible views of the National cathedral, Rosslyn, Courthouse and Bailey's crossroads from the Living room. View of the Arms/Navy Country Club from the main bedroom. French doors with Juliet balcony, Smart switches throughout, smart thermostat, smart deadbolt on front door, All home humidifier attached to the furnace, Verizon FiOS and comcast available. Whirlpool stainless appliances. Full sized washer and dryer. Silestone countertops in Kitchen and baths. 10'ft ceilings and craftsman style finishes. Move in Ready. This is a truly gorgeous place to call home!
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Icemaker, Refrigerator, Stainless Steel Appliances, Washer, Washer/Dryer Stacked
  • Entry Floor: 5
  • Interior Amenities: Built-Ins, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Elevator, Floor Plan - Open, Upgraded Countertops, Wood Floors
  • Window Features: Energy Efficient
  • Fireplace: No
  • Common Walls: No One Above, 1 Common Wall
  • Elevators Count: 1
  • Floors In Unit Count: 5
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1126
  • Living Area Sq Ft: 1126
  • Price Per Sq Ft: 523.98
  • Above Grade Finished Sq Ft: 1126
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1107

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Exterior Lighting, Bbq Grill, Secure Storage, Sidewalks, Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Type Of Parking: Off Site

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 565.50
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Extra Storage, Picnic Area
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Custodial Services Maintenance, Sewer, Snow Removal, Trash, Water
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: ARLINGTON COUNTY PUBLIC SCHOOLS
  • Elementary School: DREW MODEL
  • Middle School: JEFFERSON
  • High School: WAKEFIELD
  • Elementary School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121141631475
  • School District Source: Listing Agent
  • Elementary School: DREW MODEL
  • High School: WAKEFIELD
  • Middle Or Junior School: JEFFERSON

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 515400.00
  • Land Assessed Value: 74300.00
  • Land Use Code: 017
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets Allowed: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 10701259
  • Tax Annual Amount: 6073.00
  • Assessor Parcel Number: 32-005-046
  • Tax Total Finished Sq Ft: 1126
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 03/31/2022

MLS Schools

  • School District Name: ARLINGTON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2021
Closed on
Mar 30, 2022
Sold by
Bearce Brett A
Bought by
Ortega Joseph M and Daebler Chrysta Delapaz
Seller's Agent
Mari Kelly
Long & Foster Real Estate, Inc.
Buyer's Agent
Patricia Gallardo
Real Broker, LLC
List Price
$610,000
Sold Price
$587,500
Premium/Discount to List
-$22,500
-3.69%
Current Estimated Value
$606,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,122
Avg. Annual Appreciation
0.96%
Original Mortgage
$601,012
Outstanding Balance
$568,323
Interest Rate
4.42%
Mortgage Type
VA
Estimated Equity
$38,299

Purchase Details

Listed on
Apr 19, 2016
Closed on
Sep 12, 2016
Sold by
Evg-Cp Llc A Member Managed Virginia Lim
Bought by
Bearce Brett Allen
Seller's Agent
Eric Tomlinson
Washington Fine Properties, LLC
Buyer's Agent
Kristopher Nelson
Compass
List Price
$564,900
Sold Price
$550,000
Premium/Discount to List
-$14,900
-2.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.20%
Original Mortgage
$493,487
Interest Rate
3.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Ortega Joseph M $587,500 None Listed On Document
Ortega Joseph M $587,500 None Listed On Document
Bearce Brett Allen $550,000 Centerview Title Group Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortega Joseph M $601,012
Closed Ortega Joseph M $601,012
Previous Owner Bearce Brett Allen $475,800
Previous Owner Bearce Brett Allen $493,487
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2022 03/31/22 Sold $587,500 -0.4% $522 / Sq Ft
02/17/2022 02/17/22 Price Changed $589,999 -1.7% $524 / Sq Ft
01/14/2022 01/14/22 Price Changed $600,000 -1.6% $533 / Sq Ft
11/29/2021 11/29/21 For Sale $610,000 +10.9% $542 / Sq Ft
09/12/2016 09/12/16 Sold $550,000 -2.6% $488 / Sq Ft
08/04/2016 08/04/16 Pending -- -- --
04/19/2016 04/19/16 For Sale $564,900 -- $502 / 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
2025 $6,142 $594,600 $74,300 $520,300
2024 $6,038 $584,500 $74,300 $510,200
2023 $6,020 $584,500 $74,300 $510,200
2022 $5,969 $579,500 $74,300 $505,200
2021 $6,074 $589,700 $74,300 $515,400
2020 $5,576 $543,500 $39,400 $504,100
2019 $5,428 $529,000 $39,400 $489,600
2018 $5,047 $501,700 $39,400 $462,300
2017 $4,672 $464,400 $39,400 $425,000
2016 $4,602 $464,400 $39,400 $425,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAAR2007770

Bright MLS

APN: 32-005-046