NOT LISTED FOR SALE

Estimated Value: $698,000 - $808,000

2 Beds
2.5 Baths
1,280 Sq Ft
$585/Sq Ft Est. Value

Last Sold December 03, 2020

Last sale price $615,000 $480 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,912/month

Highlights

  • Contemporary Architecture
  • 1 Fireplace
  • Heat Pump System
  • Dorothy Hamm Middle School Rated A
  • Double Pane Windows

About This Home

As of December 2020

IDEALLY LOCATED WITHIN AN EASY FIVE MINUTES' WALK OF THE COURT HOUSE METRO STOP, THIS TWO LEVEL, TWO BEDROOM, TWO & A HALF BATH CHELSEA LANDING PROPERTY HAS MANY FEATURES SUCH AS A GRACIOUS LIVING ROOM WITH FIREPLACE AND HANDSOME WOOD FLOORS, A BRIGHT DINING AREA ADJACENT TO A LARGE, OPEN BALCONY, ALONG WITH AMPLE CLOSET SPACE, WASHER & DRYER, AND EASTERN EXPOSURES. WITH ONLY TWENTY-EIGHT UNITS, CHELSEA LANDING IS A CHARMING, LOW DENSITY ALTERNATIVE TO CROWDED, HIGH-RISE LIVING.

Last Agent to Sell the Property

Scott Shelton

lscottshelton@aol.com L S Shelton & Company License #0225017777 Listed on: 09/20/2020

Last Buyer's Agent

Mara Gemond

(571) 205-8157 mara.gemond@redfin.com Redfin Corporation License #0225089307

Redfin Corporation

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,497

Year Built

  • Built in 1983

HOA Fees

  • $300 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,280 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Double Pane Windows
  • Dryer

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot
  • 1 Assigned Parking Space

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 16-026-165

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, management, reserve funds, sewer, snow removal, trash, water
  • Chelsea Landing Condos
  • Chelsea Landing Community
  • Chelsea Landing Subdivision
  • Property Manager

Amenities

  • Common Area

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,497

Year Built

Built in 1983

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2020-09-20
  • Federal Flood Zone: No
  • Year Built: 1983
  • Automatically Close On Close Date: No
  • Remarks Public: IDEALLY LOCATED WITHIN AN EASY FIVE MINUTES' WALK OF THE COURT HOUSE METRO STOP, THIS TWO LEVEL, TWO BEDROOM, TWO & A HALF BATH CHELSEA LANDING PROPERTY HAS MANY FEATURES SUCH AS A GRACIOUS LIVING ROOM WITH FIREPLACE AND HANDSOME WOOD FLOORS, A BRIGHT DINING AREA ADJACENT TO A LARGE, OPEN BALCONY, ALONG WITH AMPLE CLOSET SPACE, WASHER & DRYER, AND EASTERN EXPOSURES. WITH ONLY TWENTY-EIGHT UNITS, CHELSEA LANDING IS A CHARMING, LOW DENSITY ALTERNATIVE TO CROWDED, HIGH-RISE LIVING.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Refrigerator
  • Window Features: Double Pane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1280
  • Living Area Sq Ft: 1280
  • Price Per Sq Ft: 480.47
  • Above Grade Finished Sq Ft: 1280
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1835

Beds/Baths

  • Bedrooms: 2
  • All Lower Level Bedrooms: 2
  • Lower Level Bedroom: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 2
  • Lower Levels Bathrooms: 2.00
  • Lower Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • 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: 300.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: CHELSEA LANDING
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Reserve Funds, Sewer, Snow Removal, Trash, Water
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: 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: 581000.00
  • Land Assessed Value: 52300.00
  • Land Use Code: 004
  • Year Assessed: 2020
  • Zoning: RA7-16
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Pets: Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 10653792
  • Tax Annual Amount: 6497.00
  • Assessor Parcel Number: 16-026-165
  • Tax Total Finished Sq Ft: 1280
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 12/03/2020

MLS Schools

  • School District Name: ARLINGTON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2020
Closed on
Dec 1, 2020
Sold by
Banks Jonathan Hobson and Elizabeth J Banks Revocable Tr
Bought by
Frazho Marcia Lane
Seller's Agent
Scott Shelton
L S Shelton & Company
Buyer's Agent
Mara Gemond
Redfin Corporation
List Price
$625,000
Sold Price
$615,000
Premium/Discount to List
-$10,000
-1.6%
Current Estimated Value
$748,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,187
Avg. Annual Appreciation
4.15%
Original Mortgage
$365,000
Outstanding Balance
$326,277
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$421,910
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
Frazho Marcia Lane $615,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frazho Marcia Lane $365,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2020 12/03/20 Sold $615,000 0.0% $480 / Sq Ft
11/02/2020 11/02/20 Pending -- -- --
10/16/2020 10/16/20 Price Changed $615,000 -1.6% $480 / Sq Ft
09/20/2020 09/20/20 For Sale $625,000 0.0% $488 / Sq Ft
12/16/2019 12/16/19 Rented $2,550 0.0% --
11/27/2019 11/27/19 Price Changed $2,550 -3.8% $2 / Sq Ft
10/22/2019 10/22/19 For Rent $2,650 -0.9% --
05/22/2018 05/22/18 Rented $2,675 0.0% --
05/22/2018 05/22/18 Under Contract -- -- --
05/06/2018 05/06/18 For Rent $2,675 +8.1% --
05/23/2017 05/23/17 Rented $2,475 0.0% --
05/23/2017 05/23/17 Under Contract -- -- --
04/01/2017 04/01/17 For Rent $2,475 +8.8% --
11/17/2014 11/17/14 Rented $2,275 0.0% --
11/17/2014 11/17/14 Under Contract -- -- --
11/11/2014 11/11/14 For Rent $2,275 -- --
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 $7,738 $749,100 $84,500 $664,600
2024 $7,604 $736,100 $84,500 $651,600
2023 $7,450 $723,300 $84,500 $638,800
2022 $6,693 $649,800 $84,500 $565,300
2021 $6,523 $633,300 $84,500 $548,800
2020 $6,498 $633,300 $52,300 $581,000
2019 $5,956 $580,500 $52,300 $528,200
2018 $5,735 $570,100 $52,300 $517,800
2017 $5,684 $565,000 $52,300 $512,700
2016 $5,599 $565,000 $52,300 $512,700
2015 $5,627 $565,000 $52,300 $512,700
2014 $5,528 $555,000 $52,300 $502,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAAR169926

Bright MLS

APN: 16-026-165