NOT LISTED FOR SALE

1515 Arlington Ridge Rd S Unit 503 Arlington, VA 22202

Arlington Ridge Neighborhood

Estimated Value: $581,000 - $610,000

2 Beds
2 Baths
1,350 Sq Ft
$777/mo HOA Fee

Last Sold December 21, 2018

Last sale price $440,000 $326 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,445/month

111 Days on Market

Highlights

  • Fitness Center
  • Gourmet Kitchen
  • Traditional Architecture
  • Gunston Middle School Rated A-
  • Open Floorplan
  • Wood Flooring

About This Home

As of December 2018

*Motivated seller!* Spacious 2/2 Condo in Pentagon Ridge! Master suite w/ Jacuzzi tub, custom closets, new carpet! Hardwoods, built-ins, decorative crown molding, fresh paint. Kitchen w/ granite counters & SS appliances, opens to separate dining. Balcony, outdoor pool, gym, parking & storage unit. Walk to Pentagon City mall, metro, Whole Foods, Costco, parks, shops, restaurants! Details in Docs

Last Agent to Sell the Property

Keri Shull

EXP Realty, LLC License #618083 Listed on: 07/26/2018

EXP Realty, LLC

Last Buyer's Agent

Xia Chu Tian

UnionPlus Realty, Inc. License #0225073296

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,008

Year Built

  • Built in 1974

HOA Fees

  • $777 Monthly HOA Fees

Parking

  • Parking Space Number Location: 11
  • Secure Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,350 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Window Treatments
  • Living Room
  • Dining Room
  • Wood Flooring

Kitchen

  • Gourmet Kitchen
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Oakridge Elementary School
  • Gunston Middle School
  • Wakefield High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 37-001-128

Community Details

Overview

  • Association fees include exterior building maintenance, management, parking fee, pool(s), reserve funds, trash, snow removal, lawn maintenance
  • Mid-Rise Condominium
  • Pentagon Ridge Community
  • Pentagon Ridge Subdivision

Amenities

  • Common Area
  • Community Center
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,008

Year Built

Built in 1974

Lot Details

0

HOA Fees

$777 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Traditional
  • Ownership: Condominium
  • Inclusions: Parking Included In ListPrice
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1974
  • Remarks Public: *Motivated seller!* Spacious 2/2 Condo in Pentagon Ridge! Master suite w/ Jacuzzi tub, custom closets, new carpet! Hardwoods, built-ins, decorative crown molding, fresh paint. Kitchen w/ granite counters & SS appliances, opens to separate dining. Balcony, outdoor pool, gym, parking & storage unit. Walk to Pentagon City mall, metro, Whole Foods, Costco, parks, shops, restaurants! Details in Docs
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Refrigerator, Washer, Icemaker, Oven/Range - Electric
  • Interior Amenities: Kitchen - Gourmet, Dining Area, Primary Bath(s), Built-Ins, Upgraded Countertops, Crown Moldings, Window Treatments, Wood Floors, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1350
  • Living Area Sq Ft: 1350
  • Price Per Sq Ft: 325.85
  • Above Grade Finished Sq Ft: 1350
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1515

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Secure Parking
  • Parking Space Number Assigned: 11
  • Garage Features: Underground
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 777.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Community Center, Fitness Center, Pool - Outdoor, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Management, Parking Fee, Pool(s), Reserve Funds, Trash, Snow Removal, Lawn Maintenance
  • HOA Condo Co-Op Rules: Pets - Allowed
  • HOA: No
  • Senior Community: No

Schools

  • School District: ARLINGTON COUNTY PUBLIC SCHOOLS
  • Elementary School: OAKRIDGE
  • Middle School: GUNSTON
  • High School: WAKEFIELD
  • School District Key: 121141631475
  • Elementary School: OAKRIDGE
  • High School: WAKEFIELD
  • Middle Or Junior School: GUNSTON

Lot Info

  • Improvement Assessed Value: 423500.00
  • Land Assessed Value: 74300.00
  • Year Assessed: 2017
  • Zoning: RA6-15
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10697349
  • Tax Annual Amount: 5007.84
  • Assessor Parcel Number: 37-001-128
  • Tax Total Finished Sq Ft: 1350
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 12/21/2018

MLS Schools

  • School District Name: ARLINGTON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2018
Closed on
Dec 12, 2018
Sold by
Wright Matthew D
Bought by
Lu Tianying and Wang Xijue
Seller's Agent
Keri Shull
EXP Realty, LLC
Buyer's Agent
Xia Chu Tian
UnionPlus Realty, Inc.
List Price
$499,000
Sold Price
$440,000
Premium/Discount to List
-$59,000
-11.82%
Current Estimated Value
$579,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,083
Avg. Annual Appreciation
4.71%
Original Mortgage
$352,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 22, 2013
Closed on
Sep 10, 2013
Sold by
Hancock Thomas S
Bought by
Wright Matthew D
Seller's Agent
Jeannie Jarrett
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Craig Johnson
Compass
List Price
$494,500
Sold Price
$465,000
Premium/Discount to List
-$29,500
-5.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.04%
Original Mortgage
$360,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2009
Sold by
The View At Ridge Road Llc
Bought by
Hancock Thomas S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,729
Interest Rate
5.47%
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
Lu Tianying $440,000 First American Title
Wright Matthew D $465,000 --
Hancock Thomas S $518,412 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lu Tianying $348,000
Closed Lu Tianying $352,000
Previous Owner Wright Matthew D $360,000
Previous Owner Hancock Thomas S $375,000
Previous Owner Hancock Thomas S $414,729
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2018 12/21/18 Sold $440,000 0.0% $326 / Sq Ft
11/16/2018 11/16/18 Pending -- -- --
10/30/2018 10/30/18 Price Changed $439,900 -7.4% $326 / Sq Ft
09/07/2018 09/07/18 Price Changed $475,000 -2.1% $352 / Sq Ft
08/15/2018 08/15/18 Price Changed $485,000 -2.8% $359 / Sq Ft
07/27/2018 07/27/18 For Sale $499,000 +13.4% $370 / Sq Ft
07/26/2018 07/26/18 Off Market $440,000 -- --
09/10/2013 09/10/13 Sold $465,000 -2.1% $344 / Sq Ft
08/14/2013 08/14/13 Pending -- -- --
07/30/2013 07/30/13 Price Changed $475,000 -3.9% $352 / Sq Ft
07/22/2013 07/22/13 For Sale $494,500 -- $366 / 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 $5,629 $544,900 $89,100 $455,800
2024 $5,424 $525,100 $89,100 $436,000
2023 $5,252 $509,900 $89,100 $420,800
2022 $5,138 $498,800 $74,300 $424,500
2021 $5,098 $495,000 $74,300 $420,700
2020 $4,724 $460,400 $74,300 $386,100
2019 $4,910 $478,600 $74,300 $404,300
2018 $4,815 $478,600 $74,300 $404,300
2017 $5,008 $497,800 $74,300 $423,500
2016 $4,859 $490,300 $74,300 $416,000
2015 $4,674 $469,300 $74,300 $395,000
2014 $4,674 $469,300 $74,300 $395,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002106310

Bright MLS

APN: 37-001-128