Landlord's Agent in 2023
Yusur Almukhtar
Samson Properties
(412) 880-9738
42 Total Sales
1325 N Pierce St Unit 401 Arlington, VA 22209
Estimated Value: $9,168,047 - $9,579,000
3
Beds
2
Baths
1,424
Sq Ft
0.39
Acres
Highlights
- 0.39 Acre Lot
- Contemporary Architecture
- 2 Car Garage
- Dorothy Hamm Middle School Rated A
- 90% Forced Air Heating and Cooling System
About This Home
As of July 2023Welcome 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. 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 are in between each floor and the walls of each unit. Don't miss it!!
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
- Front Facing Garage
Home Design
- Contemporary Architecture
- Brick Exterior Construction
Interior Spaces
- 1,424 Sq Ft Home
- Property has 1 Level
- Washer and Dryer Hookup
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Utilities
- 90% Forced Air Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Residential Lease
- Security Deposit $3,650
- $250 Move-In Fee
- Tenant pays for electricity, cable TV
- No Smoking Allowed
- 12-Month Min and 24-Month Max Lease Term
- Available 6/8/23
- Assessor Parcel Number 17-033-253
Community Details
Overview
- Mid-Rise Condominium
- Courthouse Subdivision
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 |
|---|---|---|---|---|
| 07/10/2023 07/10/23 | Rented | $3,750 | +5.6% | -- |
| 07/05/2023 07/05/23 | Price Changed | $3,550 | -2.7% | $2 / Sq Ft |
| 06/07/2023 06/07/23 | For Rent | $3,650 | +15.9% | -- |
| 02/01/2021 02/01/21 | Rented | $3,150 | 0.0% | -- |
| 01/12/2021 01/12/21 | For Rent | $3,150 | -- | -- |
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
-
Yusur Almukhtar
-
D
Seller's Agent in 2021
David Choi
Compass
Map
Source: Bright MLS
MLS Number: VAAR2031948
APN: 17-033-253
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