NOT LISTED FOR SALE

2505 S Walter Reed Dr Unit B Arlington, VA 22206

Fairlington Neighborhood

Estimated Value: $404,629 - $430,000

2 Beds
1 Bath
800 Sq Ft
$274/mo HOA Fee

Last Sold February 07, 2013

Last sale price $300,000 $375 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,932/month

1 Day on Market

Highlights

  • Private Pool
  • Gourmet Kitchen
  • Colonial Architecture
  • Gunston Middle School Rated A-
  • Open Floorplan
  • Wood Flooring

About This Home

As of February 2013

Spacious 2 bedroom, 1 bath condo is close to everything you want & need. Top floor unit, faces the common area, is steps away from the pool & tennis court as well as the jogging/bicycle path. Lght-filled condo has a wood burning fireplace, beautiful wood floors, renovated kitchen w/maple cabinets, stainless appliances & granite counters. Shirlington Village is an easy stroll w/shops & restaurants

Last Agent to Sell the Property

Norma Stratton

Long & Foster Real Estate, Inc. License #0225142560 Listed on: 12/14/2012

Long & Foster Real Estate, Inc.

Last Buyer's Agent

David Lloyd

Weichert, REALTORS License #0225043419

Weichert, REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,676

Year Built

  • Built in 1950

Lot Details

  • 28

HOA Fees

  • $274 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 800 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Crown Molding
  • 1 Fireplace
  • Combination Kitchen and Dining Room
  • Wood Flooring

Kitchen

  • Gourmet Kitchen
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Off-Street Parking
  • 1 Assigned Parking Space

Pool

  • Private Pool

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 29-003-250

Community Details

Overview

  • Association fees include lawn maintenance, management, insurance, recreation facility, reserve funds, sewer, trash
  • Low-Rise Condominium
  • The Arlington Community
  • The Arlington Subdivision
  • The community has rules related to parking rules

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,676

Year Built

Built in 1950

Lot Details

0

HOA Fees

$274 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Ownership: Condominium
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1950
  • Remarks Public: Spacious 2 bedroom, 1 bath condo is close to everything you want & need. Top floor unit, faces the common area, is steps away from the pool & tennis court as well as the jogging/bicycle path. Lght-filled condo has a wood burning fireplace, beautiful wood floors, renovated kitchen w/maple cabinets, stainless appliances & granite counters. Shirlington Village is an easy stroll w/shops & restaurants
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Kitchen - Gourmet, Combination Kitchen/Dining, Crown Moldings, Upgraded Countertops, Wood Floors, Floor Plan - Open
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Top Floor
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 800
  • Living Area Sq Ft: 800
  • Price Per Sq Ft: 381.25
  • Above Grade Finished Sq Ft: 800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2505

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • 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
  • Pool Private: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community, Yes - Personal, Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • 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

  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 274.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Management, Insurance, Recreation Facility, Reserve Funds, Sewer, Trash
  • HOA Condo Co-Op Rules: Parking, Pets - Allowed, Pets - Size Restrict
  • HOA: Yes

Lot Info

  • Improvement Assessed Value: 234000.00
  • Land Assessed Value: 41600.00
  • Property Attached Yn: Yes
  • Year Assessed: 2012
  • Zoning: RA14-26

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10643521
  • Tax Annual Amount: 2676.08
  • Assessor Parcel Number: 29-003-250
  • Tax Total Finished Sq Ft: 800
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012
  • Close Date: 02/07/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2017
Sold by
Spencer Christian and Spencer Patricia E
Bought by
Spencer Christian and Spencer Revocable T Patricia E
Current Estimated Value
$418,157

Purchase Details

Listed on
Dec 14, 2012
Closed on
Jan 31, 2013
Sold by
Cafferty Brian E and Cafferty Brie L
Bought by
Spencer Patricia E and Spencer Christian
Seller's Agent
Norma Stratton
Long & Foster Real Estate, Inc.
Buyer's Agent
David Lloyd
Weichert, REALTORS
List Price
$305,000
Sold Price
$300,000
Premium/Discount to List
-$5,000
-1.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.69%
Original Mortgage
$130,000
Outstanding Balance
$91,704
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$324,735

Purchase Details

Closed on
Feb 5, 2010
Sold by
Kadom Nadja
Bought by
Cafferty Brian E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,861
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 11, 2004
Sold by
Simpson Keith
Bought by
Kadom Nadja

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,650
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2002
Sold by
Miller Lance
Bought by
Simpson Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 1997
Sold by
Webster Richard A
Bought by
Miller Lance C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
7.59%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Spencer Christian -- --
Spencer Patricia E $300,000 --
Cafferty Brian E $282,000 --
Kadom Nadja $282,120 --
Simpson Keith $155,000 --
Miller Lance C $92,500 Island Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spencer Patricia E $130,000
Previous Owner Cafferty Brian E $276,861
Previous Owner Kadom Nadja $288,000
Previous Owner Kadom Nadja $225,650
Previous Owner Simpson Keith $124,000
Previous Owner Miller Lance C $74,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2013 02/07/13 Sold $300,000 -1.6% $375 / Sq Ft
12/15/2012 12/15/12 Pending -- -- --
12/14/2012 12/14/12 For Sale $305,000 -- $381 / 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 $3,953 $382,700 $61,600 $321,100
2024 $3,888 $376,400 $61,600 $314,800
2023 $3,694 $358,600 $61,600 $297,000
2022 $3,694 $358,600 $61,600 $297,000
2021 $3,634 $352,800 $61,600 $291,200
2020 $3,398 $331,200 $41,600 $289,600
2019 $3,128 $304,900 $41,600 $263,300
2018 $2,942 $292,400 $41,600 $250,800
2017 $2,799 $278,200 $41,600 $236,600
2016 $2,781 $280,600 $41,600 $239,000
2015 $2,844 $285,500 $41,600 $243,900
2014 $2,796 $280,700 $41,600 $239,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001576287

Bright MLS

APN: 29-003-250