NOT LISTED FOR SALE

1325 N Pierce St Unit 101 Arlington, VA 22209

Estimated Value: $9,444,140 - $9,464,000

3 Beds
2 Baths
1,424 Sq Ft
0.39 Acres

Highlights

  • Bar or Lounge
  • 0.39 Acre Lot
  • 1 Fireplace
  • Dorothy Hamm Middle School Rated A
  • Contemporary Architecture
  • No HOA

About This Home

As of January 2024

Welcome to this elegant, luxury mid-rise apartment community. 1325 Pierce is conveniently located 10 minutes from the Court House metro station, minutes away from shopping, dining, and a movie theater.
Units have ceramic floors in the kitchens, granite countertops, marble floors in the bathrooms, GE stainless steel appliances as well as custom wood cabinetry in the kitchen.
Enjoy the game room and fitness center in these Arlington Courthouse apartments.
Two Elevators service this 5 story building, and there are 34 garage parking spaces located on two separate levels.
Water and trash are included in the rent, Parking fee is $150/month /spot, ( One spot is required)
The tenant only pays for cable/internet which is the wire for Xfinity and they also pay for electricity. Gas is optional as it is only required for the fireplace.
No extra fees to use amenities which include a gym and game room.
The building is 14 years old and originally built to be sold as condos so concrete walls in between each floor and walls of each unit. Don't miss it!!

Last Agent to Rent the Property

Yusur Almukhtar

(412) 880-9738 yusur1979@gmail.com Samson Properties Listed on: 12/01/2023

Samson Properties

Last Renter's Agent

Yusur Almukhtar

(412) 880-9738 yusur1979@gmail.com Samson Properties Listed on: 12/01/2023

Samson Properties

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $94,125

Year Built

  • Built in 2005

Lot Details

  • 0.39

Parking

  • Assigned Parking Garage Space
  • Basement Garage

Home Design

  • Contemporary Architecture
  • Entry on the 4th floor

Interior Spaces

  • 1,424 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $3,300
  • $250 Move-In Fee
  • Rent includes trash removal, water
  • No Smoking Allowed
  • 12-Month Min and 24-Month Max Lease Term
  • Available 1/1/24
  • $50 Application Fee
  • Assessor Parcel Number 17-033-253

Community Details

Overview

  • No Home Owners Association
  • Association fees include common area maintenance, exterior building maintenance, sewer, trash, water
  • 19 Units
  • Mid-Rise Condominium
  • Courthouse Subdivision
  • Property Manager

Amenities

  • Game Room
  • Bar or Lounge
  • Community Storage Space

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$94,125

Year Built

Built in 2005

Lot Details

0

Parking

3

Rental Info

  • Date Available: 2024-01-01
  • Application Fee: 50.00
  • Pets Allowed: No
  • Rent Includes: Trash Removal, Water
  • Security Deposit: 3300.00
  • Smoking Allowed Yn: No
  • Vacation Rental: No
  • Property Manager: Yes
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Move In Fee: 250.00
  • Rent Spree Online Application: Yes

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-12-01
  • Year Built: 2005
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 4
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1424
  • Living Area Sq Ft: 1424
  • Price Per Sq Ft: 2.32
  • Above Grade Finished Sq Ft: 1424
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1325

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: 3.00
  • Garage: Yes
  • Garage Features: Basement Garage, Covered Parking
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Condo Co-Op Amenities: Bar/Lounge, Game Room, Extra Storage
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Sewer, Trash, Water
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Acres: 0.39
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 17120.00
  • Zoning: R15

Tax Info

  • Assessor Parcel Number: 17-033-253
  • Close Date: 01/18/2024

MLS Schools

  • School District Name: ARLINGTON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2021
Sold by
Kms Storage Llc
Bought by
Zags Properties Llc
Current Estimated Value
$9,454,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,160,000
Outstanding Balance
$4,676,249
Interest Rate
3.1%
Mortgage Type
Commercial
Estimated Equity
$4,777,822

Purchase Details

Closed on
Oct 11, 2019
Sold by
Pierce 2 Lc
Bought by
Kms Storage Llc

Purchase Details

Closed on
Jan 19, 2004
Sold by
N Pierce Street Llc
Bought by
Pierce Lc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Zags Properties Llc $8,600,000 None Available
Kms Storage Llc $8,600,000 Sure Title
Pierce Lc $1,620,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zags Properties Llc $5,160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2024 01/18/24 Rented $3,300 0.0% --
12/01/2023 12/01/23 For Rent $3,300 0.0% --
11/10/2022 11/10/22 Rented $3,300 0.0% --
10/19/2022 10/19/22 For Rent $3,300 +3.1% --
10/12/2021 10/12/21 Rented $3,200 -3.0% --
09/16/2021 09/16/21 For Rent $3,300 +4.8% --
08/22/2020 08/22/20 Rented $3,149 0.0% --
08/13/2020 08/13/20 Price Changed $3,149 -1.4% --
08/05/2020 08/05/20 For Rent $3,195 -- --
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 $94,125 $9,111,800 $1,235,000 $7,876,800
2024 $90,700 $8,780,300 $1,140,000 $7,640,300
2023 $89,415 $8,681,100 $1,140,000 $7,541,100
2022 $86,931 $8,439,900 $1,140,000 $7,299,900
2021 $85,824 $8,332,400 $1,140,000 $7,192,400
2020 $77,354 $7,539,400 $1,140,000 $6,399,400
2019 $80,223 $7,819,000 $1,140,000 $6,679,000
2018 $83,288 $8,279,100 $1,140,000 $7,139,100
2017 $86,281 $8,576,600 $1,406,000 $7,170,600
2016 $82,187 $8,293,300 $1,330,000 $6,963,300
2015 $84,284 $8,462,200 $1,254,000 $7,208,200
2014 $82,548 $8,288,000 $1,284,000 $7,004,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAAR2038030

Bright MLS

APN: 17-033-253