NOT LISTED FOR SALE

Estimated Value: $1,100,000 - $1,388,000

3 Beds
2.5 Baths
1,791 Sq Ft
$711/Sq Ft Est. Value

Last Sold June 04, 2024

Last sale price $1,200,000 $670 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $7,903/month

19 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • No HOA
  • Taylor Elementary School Rated A
  • Space For Rooms
  • Breakfast Area or Nook

About This Home

As of June 2024

++Price Improvement++ Discover the perfect blend of contemporary elegance and urban convenience at 1221 N. Lincoln Street, Arlington, VA 22201. This four level home offers 3 bedrooms, 2 1/2 baths and an abundance of light-filled spaces, providing a canvas for modern living and personalization. The upper level has lots of natural light, with both windows and skylights and could be used as two bedrooms or flex office space or converted into separate spaces. Exceptionally high ceilings throughout. Unfinished lower level provides an opportunity for home gym or theatre space. Additional amenities and improvements include hardwood floors throughout, ATT alarm system with exterior cameras, multiple ceiling fans, surround deck, and landscaped grounds.The residence is in good condition, offering ample space to make your mark and create the home of your dreams. Fantastic location off of Washington Blvd. Close to restaurants, shopping, Rockland's Barbeque, public transportation and a quick walk to Virginia Square metro. Arlington Science Focus, Dorothy Hamm Middle School and Washington-Liberty school pyramid. Easy commute to DC, Clarendon, Tysons.

Last Agent to Sell the Property

Marga Pirozzoli

Compass License #0225026663 Listed on: 05/02/2024

Compass

Co-Listed By

Justine Pope

Compass License #0225240522

Last Buyer's Agent

Devon O'Reilly

Compass License #SP40003413

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,990

Year Built

  • Built in 1986

Lot Details

  • 5,000 Sq Ft Lot
  • Property is in very good condition
  • Property is zoned R-5

Home Design

  • Contemporary Architecture
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 4 Levels
  • Skylights
  • Combination Kitchen and Dining Room
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Range Hood
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Space For Rooms
  • Basement Windows

Parking

  • 2 Parking Spaces
  • 1 Driveway Space
  • 1 Attached Carport Space

Schools

  • Arlington Science Focus Elementary School
  • Dorothy Hamm Middle School
  • Washington-Liberty High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • No Septic System

Community Details

  • No Home Owners Association
  • Douglas Estates Subdivision

Listing and Financial Details

  • Tax Lot 20-A
  • Assessor Parcel Number 15-085-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,990

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2024-05-02
  • Year Built: 1986
  • Automatically Close On Close Date: No
  • Remarks Public: ++Price Improvement++ Discover the perfect blend of contemporary elegance and urban convenience at 1221 N. Lincoln Street, Arlington, VA 22201. This four level home offers 3 bedrooms, 2 1/2 baths and an abundance of light-filled spaces, providing a canvas for modern living and personalization. The upper level has lots of natural light, with both windows and skylights and could be used as two bedrooms or flex office space or converted into separate spaces. Exceptionally high ceilings throughout. Unfinished lower level provides an opportunity for home gym or theatre space. Additional amenities and improvements include hardwood floors throughout, ATT alarm system with exterior cameras, multiple ceiling fans, surround deck, and landscaped grounds. The residence is in good condition, offering ample space to make your mark and create the home of your dreams. Fantastic location off of Washington Blvd. Close to restaurants, shopping, Rockland's Barbeque, public transportation and a quick walk to Virginia Square metro. Arlington Science Focus, Dorothy Hamm Middle School and Washington-Liberty school pyramid. Easy commute to DC, Clarendon, Tysons.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dryer, Range Hood, Refrigerator, Stove, Washer, Water Heater
  • Interior Amenities: Breakfast Area, Combination Kitchen/Dining, Skylight(s), Wood Floors
  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Levels Count: 4
  • Room List: Bedroom 2, Bedroom 1, Laundry
  • Basement: Yes
  • Basement Type: Space For Rooms, Unfinished, Windows
  • Total Sq Ft: 2388
  • Living Area Sq Ft: 1791
  • Price Per Sq Ft: 725.85
  • Above Grade Finished Sq Ft: 1791
  • Below Grade Sq Ft: 597
  • Total Below Grade Sq Ft: 597
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1221

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Wood Siding
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Attached Carport Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Carport, Driveway
  • Number of Spaces in Driveway: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric, Natural Gas
  • Sewer/Septic System: No Septic System
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: ARLINGTON COUNTY PUBLIC SCHOOLS
  • Elementary School: ARLINGTON SCIENCE FOCUS
  • Middle School: DOROTHY HAMM
  • High School: WASHINGTON-LIBERTY
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121141631475
  • School District Source: Listing Agent
  • Elementary School: ARLINGTON SCIENCE FOCUS
  • High School: WASHINGTON-LIBERTY
  • Middle Or Junior School: DOROTHY HAMM

Lot Info

  • Horses: No
  • Land Use Code: 026
  • Lot Size Acres: 0.11
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Property Condition: Very Good
  • Year Assessed: 2023
  • Zoning: R-5
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 10990.00
  • Assessor Parcel Number: 15-085-011
  • Tax Lot: 20-A
  • Tax Total Finished Sq Ft: 1791
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 06/04/2024

MLS Schools

  • School District Name: ARLINGTON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2024
Closed on
Jun 3, 2024
Sold by
Finkelstein Steve Mark and Finkelstein Harvey Ivan
Bought by
Florin Lila and Tetida Lila Tetida
Seller's Agent
Marga Pirozzoli
Compass
Buyer's Agent
Devon O'Reilly
Compass
List Price
$1,375,000
Sold Price
$1,200,000
Premium/Discount to List
-$175,000
-12.73%
Views
109
Current Estimated Value
$1,273,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,125
Avg. Annual Appreciation
5.01%
Original Mortgage
$900,000
Outstanding Balance
$891,032
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$382,093
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
Florin Lila $1,200,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Florin Lila $900,000
Previous Owner Finkelstein Anita L $205,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2024 06/04/24 Sold $1,200,000 -7.7% $670 / Sq Ft
05/22/2024 05/22/24 Pending -- -- --
05/15/2024 05/15/24 Price Changed $1,300,000 -5.5% $726 / Sq Ft
05/02/2024 05/02/24 For Sale $1,375,000 -- $768 / 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 $11,590 $1,122,000 $808,700 $313,300
2024 $11,178 $1,082,100 $798,700 $283,400
2023 $10,990 $1,067,000 $798,700 $268,300
2022 $10,578 $1,027,000 $758,700 $268,300
2021 $10,231 $993,300 $725,000 $268,300
2020 $9,935 $968,300 $700,000 $268,300
2019 $9,678 $943,300 $675,000 $268,300
2018 $9,126 $907,200 $650,000 $257,200
2017 $8,790 $873,800 $600,000 $273,800
2016 $8,689 $876,800 $600,000 $276,800
2015 $8,185 $821,800 $545,000 $276,800
2014 $7,566 $759,600 $490,000 $269,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAAR2040664

Bright MLS

APN: 15-085-011