NOT LISTED FOR SALE

1508 N Colonial Terrace Arlington, VA 22209

Estimated Value: $1,584,216 - $1,731,000

3 Beds
3.5 Baths
3,089 Sq Ft
$540/Sq Ft Est. Value

Last Sold July 10, 2015

Last sale price $1,215,000 $393 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $10,268/month

Highlights

  • Eat-In Gourmet Kitchen
  • Colonial Architecture
  • 3 Fireplaces
  • Dorothy Hamm Middle School Rated A
  • Wood Flooring
  • Upgraded Countertops

About This Home

As of July 2015

YOU FOUND IT! DRAMATIC RENOVATION & OPEN CONCEPT 2 BLOCKS to ROSSLYN METRO! Unique & One of Its Kind w/ floorplan alterations setting new standard in Highgate. More than $110K remodel in 2015! Top-Shelf "Leather-finish granite" & SS wine fridge in MAGAZINE-WORTHY KITCHEN. 3089sqft of Luxury Living < a mile to Georgetown! NEW: furnace, electric panel, fixtures, fresh paint, & options for more!

Last Agent to Sell the Property

Michael Chambers

(703) 213-2991 tommyc@hometheoryrealty.com Chambers Theory, LLC Listed on: 02/13/2015

Co-Listed By

David Buckingham

(571) 236-9580 david@richeypm.com Richey Real Estate Services License #0225176672

Last Buyer's Agent

Michael Chambers

(703) 213-2991 tommyc@hometheoryrealty.com Chambers Theory, LLC Listed on: 02/13/2015

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,018

Year Built

  • Built in 1991 | Remodeled in 2015

Lot Details

  • 1,968 Sq Ft Lot
  • Two or More Common Walls

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,089 Sq Ft Home
  • Property has 3 Levels
  • Central Vacuum
  • Built-In Features
  • Crown Molding
  • 3 Fireplaces
  • Gas Fireplace
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Built-In Double Oven
  • Cooktop
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • 3.5 Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Connecting Stairway
  • Rear Basement Entry

Schools

  • Key Elementary School
  • Williamsburg Middle School
  • Yorktown High School

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Community Details

  • Highgate Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 5
  • Assessor Parcel Number 16-023-045

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,018

Year Built

Built in 1991 | Remodeled in 2015

Lot Details

0

HOA Fees

$125 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Expected On Market: 2015-02-13
  • Year Built: 1991
  • Year Renovated: 2015
  • Remarks Public: YOU FOUND IT! DRAMATIC RENOVATION & OPEN CONCEPT 2 BLOCKS to ROSSLYN METRO! Unique & One of Its Kind w/ floorplan alterations setting new standard in Highgate. More than $110K remodel in 2015! Top-Shelf "Leather-finish granite" & SS wine fridge in MAGAZINE-WORTHY KITCHEN. 3089sqft of Luxury Living < a mile to Georgetown! NEW: furnace, electric panel, fixtures, fresh paint, & options for more!
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Central Vacuum, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Oven - Wall, Oven - Double, Refrigerator, Washer
  • Interior Amenities: Breakfast Area, Kitchen - Gourmet, Combination Dining/Living, Kitchen - Eat-In, Primary Bath(s), Built-Ins, Crown Moldings, Upgraded Countertops, Wood Floors
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Rear Entrance, Fully Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 3089
  • Living Area Sq Ft: 3089
  • Price Per Sq Ft: 404.66
  • Above Grade Finished Sq Ft: 3089
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1508

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Upper Level 2 Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Upper Level 2 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Garage Door Opener, Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 293.92
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 125.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: ARLINGTON COUNTY PUBLIC SCHOOLS
  • Elementary School: KEY
  • Middle School: WILLIAMSBURG
  • High School: YORKTOWN
  • School District Key: 121141631475
  • Elementary School: KEY
  • High School: YORKTOWN
  • Middle Or Junior School: WILLIAMSBURG

Lot Info

  • Improvement Assessed Value: 580800.00
  • Land Assessed Value: 425000.00
  • Lot Size Acres: 0.05
  • Lot Size Area: 1968
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1968.00
  • Property Attached Yn: Yes
  • Year Assessed: 2014
  • Zoning: RA6-15

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10678522
  • Tax Annual Amount: 10017.77
  • Assessor Parcel Number: 16-023-045
  • Tax Lot: 5
  • Tax Total Finished Sq Ft: 2729
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 07/10/2015

MLS Schools

  • School District Name: ARLINGTON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2024
Sold by
Johnson Sarah Michele and Johnson Lawrence Sarah
Bought by
1508 N Colonial Ter Llc
Current Estimated Value
$1,666,804

Purchase Details

Listed on
Feb 13, 2015
Closed on
Jul 10, 2015
Sold by
Deak David M
Bought by
Johnson Sarah M
Seller's Agent
Michael Chambers
Chambers Theory, LLC
Buyer's Agent
Michael Chambers
Chambers Theory, LLC
List Price
$1,295,000
Sold Price
$1,215,000
Premium/Discount to List
-$80,000
-6.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.12%
Original Mortgage
$450,000
Interest Rate
3.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
1508 N Colonial Ter Llc $1,550,000 Commonwealth Land Title
Johnson Sarah M $1,215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Sarah M $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2015 07/10/15 Sold $1,215,000 -2.8% $393 / Sq Ft
05/08/2015 05/08/15 Pending -- -- --
04/15/2015 04/15/15 Price Changed $1,250,000 -3.5% $405 / Sq Ft
02/13/2015 02/13/15 For Sale $1,295,000 0.0% $419 / Sq Ft
10/10/2013 10/10/13 Rented $4,400 0.0% --
10/10/2013 10/10/13 Under Contract -- -- --
10/10/2013 10/10/13 For Rent $4,400 -- --
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 $15,986 $1,547,500 $750,000 $797,500
2024 $15,227 $1,474,100 $725,000 $749,100
2023 $14,791 $1,436,000 $725,000 $711,000
2022 $14,031 $1,362,200 $650,000 $712,200
2021 $13,619 $1,322,200 $610,000 $712,200
2020 $13,015 $1,268,500 $550,000 $718,500
2019 $13,015 $1,268,500 $535,000 $733,500
2018 $12,197 $1,212,400 $510,000 $702,400
2017 $11,565 $1,149,600 $460,000 $689,600
2016 $11,393 $1,149,600 $460,000 $689,600
2015 $10,884 $1,092,800 $460,000 $632,800
2014 -- $1,005,800 $425,000 $580,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001597543

Bright MLS

APN: 16-023-045