NOT LISTED FOR SALE

1245 N Pierce St Unit 12 Arlington, VA 22209

Estimated Value: $899,485 - $923,000

3 Beds
2 Baths
1,127 Sq Ft
$580/mo HOA Fee

Last Sold July 25, 2024

Last sale price $880,000 $781 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $6,463/month

67 Days on Market

Highlights

  • Penthouse
  • Contemporary Architecture
  • 1 Car Garage
  • Dorothy Hamm Middle School Rated A
  • Central Air
  • 5-minute walk to Fort Myer Heights Park

About This Home

As of July 2024

Built in 2018! This Exceptional Penthouse with OWN private rooftop and an extended wrap-around balcony offers exclusive living experience in Arlington's desirable area, minutes from Georgetown and DC,

It features a spacious and well-designed 3-bedroom, 2-bathroom layout, enhanced by an open floor plan that radiates modern elegance. The interior boasts Calacatta quartz countertops, a gourmet kitchen with top-tier stainless steel appliances, a gas range, and light hardwood flooring throughout. The home is brightened by ample natural light through large windows and benefits from recessed lighting.

The charm of your future home is amplified by its custom marble bathrooms with LED mirrors and a convenient front-loading washer/dryer. The residence includes a customized closet offering plenty of storage space.

One of the unique highlights of this property is its expansive private rooftop. Accessible via an office area on the upper level, the 500 sqft rooftop deck provides spectacular views of Arlington and a glimpse of the D.C. skyline, ideal for relaxation or entertaining guests.

This condo comes with one covered parking space, adding convenience to its list of features. Its location is a key asset, situated conveniently close to the metro, a variety of restaurants and retail options, and easy commute to Georgetown and Washington D.C.

Last Agent to Sell the Property

Jessica Riutort

EXP Realty, LLC Listed on: 03/29/2024

EXP Realty, LLC

Co-Listed By

Ben Swincicki

EXP Realty, LLC License #0225268759

Last Buyer's Agent

Jessica Riutort

EXP Realty, LLC Listed on: 03/29/2024

EXP Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,798

Year Built

  • Built in 2018

HOA Fees

  • $580 Monthly HOA Fees

Parking

  • 1 Assigned Parking Garage Space

Home Design

  • Penthouse
  • Contemporary Architecture

Interior Spaces

  • 1,127 Sq Ft Home
  • Property has 2 Levels
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Central Air
  • Cooling System Utilizes Natural Gas
  • Back Up Electric Heat Pump System
  • Electric Water Heater
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 17-033-046

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, reserve funds, sewer, snow removal, trash
  • Mid-Rise Condominium
  • Arlington Subdivision

Amenities

  • Common Area
  • Community Storage Space

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,798

Year Built

Built in 2018

Lot Details

0

HOA Fees

$580 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-03-29
  • Year Built: 2018
  • Automatically Close On Close Date: No
  • Remarks Public: Built in 2018! This Exceptional Penthouse with OWN private rooftop and an extended wrap-around balcony offers exclusive living experience in Arlington's desirable area, minutes from Georgetown and DC, It features a spacious and well-designed 3-bedroom, 2-bathroom layout, enhanced by an open floor plan that radiates modern elegance. The interior boasts Calacatta quartz countertops, a gourmet kitchen with top-tier stainless steel appliances, a gas range, and light hardwood flooring throughout. The home is brightened by ample natural light through large windows and benefits from recessed lighting. The charm of your future home is amplified by its custom marble bathrooms with LED mirrors and a convenient front-loading washer/dryer. The residence includes a customized closet offering plenty of storage space. One of the unique highlights of this property is its expansive private rooftop. Accessible via an office area on the upper level, the 500 sqft rooftop deck provides spectacular views of Arlington and a glimpse of the D.C. skyline, ideal for relaxation or entertaining guests. This condo comes with one covered parking space, adding convenience to its list of features. Its location is a key asset, situated conveniently close to the metro, a variety of restaurants and retail options, and easy commute to Georgetown and Washington D.C.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Fireplace: No
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1127
  • Living Area Sq Ft: 1127
  • Price Per Sq Ft: 797.69
  • Above Grade Finished Sq Ft: 1127
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1245

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • 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: Combination
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Assigned Spaces Count: 1
  • Garage: Yes
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 579.89
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Extra Storage, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Reserve Funds, Sewer, Snow Removal, Trash
  • HOA: No
  • Senior Community: No

Schools

  • School District: ARLINGTON COUNTY PUBLIC SCHOOLS
  • School District Key: 121141631475
  • School District Source: Listing Agent

Lot Info

  • Year Assessed: 2023
  • Zoning: RA6-15
  • In City Limits: Yes

Rental Info

  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 10798.00
  • Assessor Parcel Number: 17-033-046
  • Tax Year: 2023
  • Close Date: 07/25/2024

MLS Schools

  • School District Name: ARLINGTON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2024
Closed on
Jul 22, 2024
Sold by
Liang Fan
Bought by
Obradovich Mark and Obradovich Marissa
Seller's Agent
Jessica Riutort
EXP Realty, LLC
Buyer's Agent
Jessica Riutort
EXP Realty, LLC
List Price
$980,000
Sold Price
$880,000
Premium/Discount to List
-$100,000
-10.2%
Views
444
Current Estimated Value
$912,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,871
Avg. Annual Appreciation
3.62%
Original Mortgage
$610,000
Outstanding Balance
$604,817
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$308,054

Purchase Details

Listed on
Jan 18, 2019
Closed on
Apr 19, 2019
Sold by
Pbr Development Llc
Bought by
Liang Fan
Seller's Agent
Molly Branson
RLAH @properties
Buyer's Agent
Jennifer Smira
Compass
List Price
$925,000
Sold Price
$925,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.93%
Original Mortgage
$600,000
Interest Rate
5.75%
Mortgage Type
New Conventional
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
Obradovich Mark $880,000 Commonwealth Land Title
Liang Fan $925,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Obradovich Mark $610,000
Previous Owner Liang Fan $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2024 07/25/24 Sold $880,000 -2.1% $781 / Sq Ft
06/05/2024 06/05/24 Pending -- -- --
05/30/2024 05/30/24 Price Changed $899,000 -2.8% $798 / Sq Ft
05/09/2024 05/09/24 Price Changed $925,000 -2.5% $821 / Sq Ft
04/16/2024 04/16/24 Price Changed $949,000 -3.2% $842 / Sq Ft
03/29/2024 03/29/24 For Sale $980,000 0.0% $870 / Sq Ft
10/01/2022 10/01/22 Rented $4,200 0.0% --
09/02/2022 09/02/22 For Rent $4,200 0.0% --
03/20/2019 03/20/19 Sold $925,000 0.0% $821 / Sq Ft
01/18/2019 01/18/19 Pending -- -- --
01/18/2019 01/18/19 For Sale $925,000 -- $821 / 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 $10,087 $976,500 $98,000 $878,500
2024 $10,912 $1,056,300 $98,000 $958,300
2023 $10,799 $1,048,400 $98,000 $950,400
2022 $9,926 $963,700 $98,000 $865,700
2021 $9,926 $963,700 $98,000 $865,700
2020 $9,146 $891,400 $56,400 $835,000
2019 $8,509 $829,300 $54,300 $775,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAAR2041384

Bright MLS

APN: 17-033-046