NOT LISTED FOR SALE

1701 16th St N Unit 347 Arlington, VA 22209

Estimated Value: $871,000 - $1,743,395

2 Beds
2.5 Baths
1,922 Sq Ft
$840/mo HOA Fee

Last Sold February 23, 2023

Last sale price $1,650,000 $858 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $10,113/month

12 Days on Market

Highlights

  • Penthouse
  • Gourmet Kitchen
  • Open Floorplan
  • Dorothy Hamm Middle School Rated A
  • Panoramic View
  • 2-minute walk to Rhodeside Green Park

About This Home

As of February 2023

FABULOUS 2 Story Luxury Penthouse Condo! Direct Access Elevator to both floors. Open Gourmet Kitchen, PRIVATE Rooftop Deck with Natural Gas Hook-Up, Living room with 19ft Ceilings and a Wall of Windows. 6 burner Wolf Range with exhaust hood. Sub-Zero Refrigerator. Oversized Island. 2 Primary Suites! Custom wall units in the Dining and Living Rooms. Open loft with Murphy Bed! Designer lighting. Speaker system for music wired throughout and on the roof top deck. 2 Side by side parking spots with an electric charger - note: this is great as there is approx. a one year wait for this in Arlington County. Large and very convenient storage room. All this steps to restaurants, shopping, exercise studios, and both Rosslyn and Courthouse Metros! Minutes to DC. This will not last!

Photos will be uploaded by Thursday.

Last Agent to Sell the Property

Valerie Kappler

(703) 963-4047 valerie.kappler@lnf.com Long & Foster Real Estate, Inc. Listed on: 01/13/2023

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Brent Jackson

(202) 263-9200 bjackson@ttrsir.com TTR Sotheby's International Realty License #0225099290

TTR Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,794

Year Built

  • Built in 2017

HOA Fees

  • $840 Monthly HOA Fees

Parking

  • Assigned Parking Garage Space
  • Basement Garage
  • Electric Vehicle Home Charger

Property Views

  • Panoramic
  • City

Home Design

  • Penthouse
  • Contemporary Architecture
  • Entry on the 4th floor
  • Brick Exterior Construction

Interior Spaces

  • 1,922 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments

Kitchen

  • Gourmet Kitchen
  • Gas Oven or Range
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Dual Flush Toilets

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Security Gate
  • Flood Lights

Accessible Home Design

  • Accessible Elevator Installed
  • Halls are 36 inches wide or more
  • Level Entry For Accessibility

Outdoor Features

  • Terrace
  • Outdoor Storage

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Additional Features

  • Sprinkler System
  • Urban Location

Listing and Financial Details

  • Assessor Parcel Number 17-008-118

Community Details

Overview

  • Association fees include common area maintenance, custodial services maintenance, exterior building maintenance, lawn maintenance, management, security gate, trash, snow removal
  • Mid-Rise Condominium
  • The Select At Gaslight Square Condos
  • The Select At Gaslight Square Subdivision

Pet Policy

  • Limit on the number of pets

Amenities

  • 1 Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,794

Year Built

Built in 2017

Lot Details

0

HOA Fees

$840 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary, Loft With Bedrooms
  • Accessibility Features: 36"+ Wide Halls, Elevator, Level Entry - Main
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-01-13
  • Year Built: 2017
  • Automatically Close On Close Date: No
  • Remarks Public: FABULOUS 2 Story Luxury Penthouse Condo! Direct Access Elevator to both floors. Open Gourmet Kitchen, PRIVATE Rooftop Deck with Natural Gas Hook-Up, Living room with 19ft Ceilings and a Wall of Windows. 6 burner Wolf Range with exhaust hood. Sub-Zero Refrigerator. Oversized Island. 2 Primary Suites! Custom wall units in the Dining and Living Rooms. Open loft with Murphy Bed! Designer lighting. Speaker system for music wired throughout and on the roof top deck. 2 Side by side parking spots with an electric charger - note: this is great as there is approx. a one year wait for this in Arlington County. Large and very convenient storage room. All this steps to restaurants, shopping, exercise studios, and both Rosslyn and Courthouse Metros! Minutes to DC. This will not last! Photos will be uploaded by Thursday.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Oven/Range - Gas, Range Hood, Six Burner Stove, Washer, Water Heater, Dual Flush Toilets
  • Entry Floor: 4
  • Interior Amenities: Built-Ins, Ceiling Fan(s), Combination Kitchen/Dining, Combination Kitchen/Living, Elevator, Entry Level Bedroom, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Window Treatments
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Elevators Count: 1
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Dryer In Unit, Main Floor, Washer In Unit
  • Total Sq Ft: 1922
  • Living Area Sq Ft: 1922
  • Price Per Sq Ft: 871.49
  • Above Grade Finished Sq Ft: 1922
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1701

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Flood Lights, Secure Storage, Sidewalks, Underground Lawn Sprinkler
  • View: City, Panoramic
  • 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: Electric Vehicle Charging Station(s)
  • Garage Features: Basement Garage
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 2

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
  • Security: Main Entrance Lock, Security Gate
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 840.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: The Select at Gaslight Square
  • HOA Condo Co-Op Amenities: Elevator
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Custodial Services Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Security Gate, Trash, Snow Removal
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 1560400.00
  • Land Assessed Value: 167200.00
  • Land Use Code: 017
  • Outdoor Living Structures: Terrace
  • Year Assessed: 2022
  • Zoning: RA6-15
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Pets: Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 21054108
  • Tax Annual Amount: 17794.00
  • Assessor Parcel Number: 17-008-118
  • Tax Total Finished Sq Ft: 1922
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 02/23/2023

MLS Schools

  • School District Name: ARLINGTON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2023
Closed on
Feb 21, 2023
Sold by
Sandra G Martchek Revocable Trust
Bought by
Schapiro Michael E
Seller's Agent
Valerie Kappler
Long & Foster Real Estate, Inc.
Buyer's Agent
Brent Jackson
TTR Sotheby's International Realty
List Price
$1,675,000
Sold Price
$1,650,000
Premium/Discount to List
-$25,000
-1.49%
Views
57
Current Estimated Value
$1,481,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$168,401
Avg. Annual Appreciation
-4.07%
Original Mortgage
$1,221,000
Outstanding Balance
$1,182,690
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$298,909

Purchase Details

Closed on
May 7, 2021
Sold by
Martchek Sandra G
Bought by
Sandra G Martchek Revocable Trust and Martchek

Purchase Details

Listed on
Dec 1, 2020
Closed on
Dec 20, 2020
Sold by
Silverman Robert A and Silverman Patricia
Bought by
Sandra G Martchek Trust and Martchek
Seller's Agent
Eric Kutch
Corcoran McEnearney
Buyer's Agent
Valerie Kappler
Long & Foster Real Estate, Inc.
List Price
$1,776,000
Sold Price
$1,750,000
Premium/Discount to List
-$26,000
-1.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.44%

Purchase Details

Listed on
Jul 28, 2017
Closed on
Jun 30, 2017
Sold by
Abdo Quinn Llc
Bought by
Silverman Robert A and Silverman Patricia
Seller's Agent
Joe Serafin
Clarke-Hook Real Estate, LLC.
Buyer's Agent
Stephanie Richey
Compass
Sold Price
$6,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3.94%
Mortgage Type
Commercial
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
Schapiro Michael E $1,650,000 None Listed On Document
Sandra G Martchek Revocable Trust -- First American Title
Martchek Sandra G -- First American Title
Martchek Sandra G -- First American Title
Martchek Sandra G -- None Available
Sandra G Martchek Trust $1,750,000 None Listed On Document
Martchek Sandra G $1,750,000 First American Title
Silverman Robert A $1,559,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schapiro Michael E $1,221,000
Previous Owner Silverman Robert A $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2023 02/23/23 Sold $1,650,000 -1.5% $858 / Sq Ft
01/26/2023 01/26/23 Pending -- -- --
01/13/2023 01/13/23 For Sale $1,675,000 -4.3% $871 / Sq Ft
12/21/2020 12/21/20 Sold $1,750,000 -1.5% $911 / Sq Ft
12/06/2020 12/06/20 Pending -- -- --
12/01/2020 12/01/20 For Sale $1,776,000 0.0% $924 / Sq Ft
08/11/2017 08/11/17 Rented $6,000 0.0% --
08/10/2017 08/10/17 Under Contract -- -- --
07/28/2017 07/28/17 For Rent $6,000 -- --
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 $17,371 $1,681,600 $167,200 $1,514,400
2024 $16,971 $1,642,900 $167,200 $1,475,700
2023 $18,078 $1,755,100 $167,200 $1,587,900
2022 $17,794 $1,727,600 $167,200 $1,560,400
2021 $17,794 $1,727,600 $167,200 $1,560,400
2020 $16,443 $1,602,600 $92,600 $1,510,000
2019 $16,443 $1,602,600 $92,600 $1,510,000
2018 $16,122 $1,602,600 $92,600 $1,510,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAAR2026094

Bright MLS

APN: 17-008-118