NOT LISTED FOR SALE

Estimated Value: $274,879 - $485,000

1 Bed
1 Bath
798 Sq Ft
$394/mo HOA Fee

Last Sold October 29, 2014

Last sale price $220,000 $276 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,519/month

3 Days on Market

Highlights

  • Contemporary Architecture
  • Traditional Floor Plan
  • Community Pool
  • Mt. Daniel Elementary School Rated A-
  • Upgraded Countertops
  • 4-minute walk to Cherry Hill Park

About This Home

As of October 2014

BRIGHT & SUNNY, RENOVATED CONDO IN THE HEART OF FALLS CHURCH CITY. NEW BATHROOM. UPDATED KITCHEN W/ QUARTZ COUNTER TOPS, STAINLESS STEEL APPLIANCES, GLASS & TILE BACK SPLASH & OPENED TO LIVING AREA. NEW CARPET. DESIGNER COLORS. NEAR RESTAURANTS, SHOPS, W&OD TRAIL, FARMERS MARKET, BUS & @ 1 MILE TO METRO. STORAGE AREA IN BASEMENT INCLUDED. ALL UTILITIES INCLUDED IN CONDO FEE.

Last Agent to Sell the Property

Craig Smith

ccsmith@longandfoster.com Long & Foster Real Estate, Inc. License #MRIS:150344 Listed on: 09/17/2014

Last Buyer's Agent

Jack Spahr

(703) 598-0267 jackspahr1@gmail.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,486

Year Built

  • Built in 1963

HOA Fees

  • $394 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 798 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Double Pane Windows
  • Window Treatments
  • Combination Dining and Living Room

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • Rented or Permit Required
  • Unassigned Parking

Utilities

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

Additional Features

  • Accessible Elevator Installed
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 51-107-132

Community Details

Overview

  • Moving Fees Required
  • Association fees include electricity, air conditioning, gas, heat, management, insurance, pool(s), reserve funds, snow removal, sewer, trash, water
  • Mid-Rise Condominium
  • Park Towers Cond Community
  • Park Towers Subdivision
  • The community has rules related to alterations or architectural changes, antenna installations, commercial vehicles not allowed, moving in times, renting

Amenities

  • Picnic Area
  • Party Room
  • Laundry Facilities
  • Community Storage Space

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,486

Year Built

Built in 1963

Lot Details

0

HOA Fees

$394 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Stove, Refrigerator
  • Interior Amenities: Combination Dining/Living, Window Treatments, Upgraded Countertops, Floor Plan - Traditional
  • Window Features: Double Pane
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen
  • Basement: No
  • Laundry Type: Common
  • Living Area Units: Square Feet
  • Total Sq Ft: 798
  • Living Area Sq Ft: 798
  • Price Per Sq Ft: 281.94
  • Above Grade Finished Sq Ft: 798
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Rented/Permit Required, Unassigned

Utilities

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

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 394.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Extra Storage, Party Room, Picnic Area, Pool - Outdoor, Security
  • HOA Condo Co-Op Fee Includes: Electricity, Air Conditioning, Gas, Heat, Management, Insurance, Pool(s), Reserve Funds, Snow Removal, Sewer, Trash, Water
  • HOA Condo Co-Op Rules: Moving Fees Required, Moving In Times, Elevator Use, Commercial Vehicles Prohibited, Alterations/Architectural Changes, Antenna, Pets - Not Allowed, Renting
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 123800.00
  • Land Assessed Value: 66700.00
  • Property Condition: Very Good
  • Zoning: R-M
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16510005
  • Tax Annual Amount: 2486.03
  • Assessor Parcel Number: 51-107-132
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2014
Closed on
Oct 29, 2014
Sold by
Smith Charles Craig
Bought by
Spahr Shane P
Seller's Agent
Craig Smith
Long & Foster Real Estate, Inc.
Buyer's Agent
Jack Spahr
Long & Foster Real Estate, Inc.
List Price
$224,990
Sold Price
$220,000
Premium/Discount to List
-$4,990
-2.22%
Current Estimated Value
$350,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,220
Avg. Annual Appreciation
4.28%
Original Mortgage
$165,000
Outstanding Balance
$127,367
Interest Rate
4.21%
Mortgage Type
New Conventional
Estimated Equity
$222,853

Purchase Details

Closed on
Mar 28, 1996
Sold by
Grosshans Werner
Bought by
Smith Charles C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,100
Interest Rate
6.9%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Spahr Shane P $220,000 --
Smith Charles C $63,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spahr Shane P $165,000
Previous Owner Smith Charles C $61,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2014 10/29/14 Sold $220,000 -2.2% $276 / Sq Ft
09/20/2014 09/20/14 Pending -- -- --
09/17/2014 09/17/14 For Sale $224,990 -- $282 / 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 $3,369 $265,800 $110,000 $155,800
2024 $3,369 $273,900 $110,000 $163,900
2023 $3,299 $268,200 $95,700 $172,500
2022 $3,483 $272,400 $95,700 $176,700
2021 $3,558 $263,900 $92,400 $171,500
2020 $3,511 $253,700 $88,800 $164,900
2019 $3,511 $253,700 $88,800 $164,900
2018 $3,135 $239,400 $83,800 $155,600
2017 $3,133 $234,700 $82,200 $152,500
2016 $1,477 $227,900 $79,800 $148,100
2015 $2,953 $219,100 $76,700 $142,400
2014 $2,550 $190,500 $66,700 $123,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003203512

Bright MLS

APN: 51-107-132