Landlord's Agent in 2020
Sarah Reynolds
Keller Williams Realty
(703) 844-3425
5 in this area
3,702 Total Sales
1325 N Pierce St Unit 202 Arlington, VA 22209
Estimated Value: $9,168,047 - $9,579,000
2
Beds
2
Baths
1,216
Sq Ft
0.39
Acres
Highlights
- Bar or Lounge
- Gourmet Galley Kitchen
- Wood Flooring
- Dorothy Hamm Middle School Rated A
- Contemporary Architecture
- Main Floor Bedroom
About This Home
As of October 2020Welcome home to this beautiful 19 unit luxury mid-rise apartment community. 1325 Pierce is conveniently located within a 10-minute walk to the Court House metro station, minutes away from shopping, dining, and a movie theater. Featuring two bedroom and three bedroom units with designer flooring and lighting, chef inspired kitchen, stainless appliances, custom wood cabinetry, wall to wall carpeting, and private balcony. Abundant closet space offers you the peace of mind for your wardrobe storage. Forget about those extension cords and wires that will clutter up your living space, there is an electric outlet available on almost every wall, at every corner. You will never run out of charging space for your electronic devices. Aside from our cutting-edge apartment amenities, 1325 Pierce offers state of the art community amenities such as a fitness center and a game room. Relax and unwind after a long day, you are home. You will find peace and serenity with these very quiet units from the busy outside world. 1325 Pierce is a perfect fit for all lifestyles, providing you the best living experience ever. Because Where You Live Matters! Virtual tours available. Water and trash included in rent. There is a washer and dryer in unit.
Last Agent to Rent the Property
Keller Williams Realty License #0225174916 Listed on: 08/08/2020
Condo Details
Home Type
- Condominium
Est. Annual Taxes
- $94,125
Year Built
- Built in 2005
Lot Details
- 0.39
Home Design
- Contemporary Architecture
- Brick Exterior Construction
Interior Spaces
- 1,216 Sq Ft Home
- Property has 1 Level
- Central Vacuum
- Built-In Features
- Entrance Foyer
- Combination Dining and Living Room
- Basement
Kitchen
- Gourmet Galley Kitchen
- Gas Oven or Range
- Built-In Microwave
- Ice Maker
- Dishwasher
- Stainless Steel Appliances
- Upgraded Countertops
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- En-Suite Primary Bedroom
- En-Suite Bathroom
- Walk-In Closet
- 2 Full Bathrooms
- Soaking Tub
Laundry
- Laundry in unit
- Dryer
- Washer
Parking
- Off-Street Parking
- Parking Fee
Accessible Home Design
- Accessible Elevator Installed
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Residential Lease
- Security Deposit $2,495
- $400 Move-In Fee
- No Smoking Allowed
- 12-Month Lease Term
- Available 8/14/20
- $40 Application Fee
- Assessor Parcel Number 17-033-253
Community Details
Overview
- Property has a Home Owners Association
- Association fees include common area maintenance, exterior building maintenance, management, trash, water, sewer
- 19 Units
- Mid-Rise Condominium
Amenities
- Game Room
- Bar or Lounge
- Community Storage Space
Pet Policy
- No Pets Allowed
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
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
$4,705,956
Interest Rate
3.1%
Mortgage Type
Commercial
Estimated Equity
$5,019,017
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 | |
| Previous Owner | Pierce 2 Lc | $18,479,209 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/12/2020 10/12/20 | Rented | $2,150 | 0.0% | -- |
| 09/08/2020 09/08/20 | Price Changed | $2,150 | -13.8% | $2 / Sq Ft |
| 08/27/2020 08/27/20 | Price Changed | $2,495 | -4.0% | $2 / Sq Ft |
| 08/19/2020 08/19/20 | Price Changed | $2,599 | -1.9% | $2 / Sq Ft |
| 08/13/2020 08/13/20 | Price Changed | $2,649 | -1.7% | $2 / Sq Ft |
| 08/08/2020 08/08/20 | For Rent | $2,695 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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
-
Sarah Reynolds
Map
Source: Bright MLS
MLS Number: VAAR167352
APN: 17-033-253
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