NOT LISTED FOR SALE

1515 S Arlington Ridge Rd Unit 703 Arlington, VA 22202

Arlington Ridge Neighborhood

Estimated Value: $575,000 - $629,000

2 Beds
2 Baths
1,350 Sq Ft
1974 Built

Last Sold January 04, 2019

Last sale price $475,000 $352 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,693/month

Highlights

  • Contemporary Architecture
  • Community Pool
  • Central Heating and Cooling System
  • Gunston Middle School Rated A-
  • 1 Car Attached Garage
  • Cats Allowed

About This Home

As of March 2021

Luxury Penthouse 2-master-bedroom unit. Short walk to Pentagon City. Floor to ceiling triple sliding doors in living room. Gourmet kitchen with stainless steel appliances, cabinets, and granite countertops. Washer/dryer in unit. Almost-new top-of-the-line carpet. Walk-in closet and bathroom in both bedrooms. One master has ceramic floor, shower, oversize sink counter and separate jetted tub in bathroom. Second has ceramic floor, shower, oversize counter. 6x16 concrete balcony has lovely views of DC & Air Force Memorial. A MUST SEE! Available Immediately! (Cats and small dogs will be considered on a case by case basis).

Last Agent to Rent the Property

Erin Peabody

(703) 382-6690 erin@premierepropertymanagementllc.com Premiere Property Management, LLC Listed on: 10/02/2020

Last Renter's Agent

Christine Walker

(202) 427-4738 christine@walkhomedc.com Century 21 Redwood Realty

Century 21 Redwood Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,835

Year Built

  • Built in 1974

Parking

  • 1 Car Attached Garage
  • Basement Garage
  • Rear-Facing Garage

Home Design

  • Contemporary Architecture
  • Entry on the 7th floor
  • Brick Exterior Construction

Interior Spaces

  • 1,350 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,900
  • $200 Move-In Fee
  • No Smoking Allowed
  • 12-Month Min and 24-Month Max Lease Term
  • Available 10/3/20
  • $60 Application Fee
  • Assessor Parcel Number 37-001-138

Community Details

Overview

  • Property has a Home Owners Association
  • Mid-Rise Condominium
  • Pentagon Ridge Condos
  • Pentagon Ridge Community
  • Pentagon Ridge Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pet Size Limit
  • Cats Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,835

Year Built

Built in 1974

Lot Details

0

Parking

1

Rental Info

  • Date Available: 2020-10-03
  • Application Fee: 60.00
  • Pets: Case By Case Basis, Cats Ok, Size/Weight Restriction
  • Pets Allowed: Yes
  • Security Deposit: 1900.00
  • Smoking Allowed Yn: No
  • Vacation Rental: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Move In Fee: 200.00
  • Rent Spree Online Application: No

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
  • Federal Flood Zone: No
  • Year Built: 1974
  • Automatically Close On Close Date: Yes
  • Remarks Public: Luxury Penthouse 2-master-bedroom unit. Short walk to Pentagon City. Floor to ceiling triple sliding doors in living room. Gourmet kitchen with stainless steel appliances, cabinets, and granite countertops. Washer/dryer in unit. Almost-new top-of-the-line carpet. Walk-in closet and bathroom in both bedrooms. One master has ceramic floor, shower, oversize sink counter and separate jetted tub in bathroom. Second has ceramic floor, shower, oversize counter. 6x16 concrete balcony has lovely views of DC & Air Force Memorial. A MUST SEE! Available Immediately! (Cats and small dogs will be considered on a case by case basis).
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 7
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1350
  • Living Area Sq Ft: 1350
  • Price Per Sq Ft: 1.41
  • 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, Below 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
  • Garage Features: Basement Garage, Garage - Rear Entry
  • 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: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Pentagon Ridge
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Land Use Code: 004
  • Zoning: RA6-15

Tax Info

  • Assessor Parcel Number: 10697348
  • Assessor Parcel Number: 37-001-138
  • Tax Total Finished Sq Ft: 1350
  • Close Date: 03/01/2021

MLS Schools

  • School District Name: ARLINGTON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2018
Closed on
Jan 3, 2019
Sold by
Ditech Financial Llc
Bought by
Klibaner Sultan Harold Mark and Klibaner Sultan Ann
Seller's Agent
Michael Poole
CENTURY 21 New Millennium
Buyer's Agent
Stuart Naranch
Compass
List Price
$459,900
Sold Price
$475,000
Premium/Discount to List
$15,100
3.28%
Current Estimated Value
$604,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,884
Avg. Annual Appreciation
3.66%
Original Mortgage
$356,250
Outstanding Balance
$313,216
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$291,668

Purchase Details

Closed on
Oct 30, 2017
Sold by
Alatis Stephen J and Alatis James E
Bought by
Ditech Financial Llc

Purchase Details

Closed on
Nov 10, 2015
Sold by
Alatis Penelope M
Bought by
The Penelope M Alatis Trust Dated March

Purchase Details

Closed on
Aug 20, 2007
Sold by
View At Ridge Road Llc
Bought by
Alatis James E and Alatis,Stephen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,050
Interest Rate
9.13%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Klibaner Sultan Harold Mark $475,000 None Available
Ditech Financial Llc $458,000 --
The Penelope M Alatis Trust Dated March -- None Available
Alatis James E $547,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klibaner Sultan Harold Mark $356,250
Previous Owner Alatis James E $82,050
Previous Owner Alatis James E $437,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2021 03/01/21 Rented $1,900 0.0% --
02/18/2021 02/18/21 Under Contract -- -- --
01/15/2021 01/15/21 Price Changed $1,900 -9.5% $1 / Sq Ft
12/08/2020 12/08/20 Price Changed $2,100 -10.6% $2 / Sq Ft
11/23/2020 11/23/20 Price Changed $2,350 +6.8% $2 / Sq Ft
11/21/2020 11/21/20 Price Changed $2,200 -6.4% $2 / Sq Ft
10/18/2020 10/18/20 Price Changed $2,350 -9.6% $2 / Sq Ft
10/02/2020 10/02/20 For Rent $2,600 +4.0% --
06/06/2019 06/06/19 Rented $2,500 +4.2% --
05/30/2019 05/30/19 Under Contract -- -- --
05/28/2019 05/28/19 Price Changed $2,400 -4.0% $2 / Sq Ft
05/12/2019 05/12/19 For Rent $2,500 0.0% --
05/07/2019 05/07/19 Off Market $2,500 -- --
05/06/2019 05/06/19 Price Changed $2,500 -3.8% $2 / Sq Ft
04/12/2019 04/12/19 Price Changed $2,600 -3.7% $2 / Sq Ft
03/29/2019 03/29/19 For Rent $2,700 0.0% --
01/04/2019 01/04/19 Sold $475,000 +3.3% $352 / Sq Ft
12/03/2018 12/03/18 For Sale $459,900 -3.2% $341 / Sq Ft
12/01/2018 12/01/18 Off Market $475,000 -- --
08/16/2018 08/16/18 For Sale $459,900 -- $341 / 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 $5,835 $564,900 $89,100 $475,800
2024 $5,631 $545,100 $89,100 $456,000
2023 $5,458 $529,900 $89,100 $440,800
2022 $5,344 $518,800 $74,300 $444,500
2021 $5,304 $515,000 $74,300 $440,700
2020 $4,929 $480,400 $74,300 $406,100
2019 $5,116 $498,600 $74,300 $424,300
2018 $5,016 $498,600 $74,300 $424,300
2017 $5,209 $517,800 $74,300 $443,500
2016 $5,057 $510,300 $74,300 $436,000
2015 $4,873 $489,300 $74,300 $415,000
2014 $4,873 $489,300 $74,300 $415,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAAR170676

Bright MLS

APN: 37-001-138