NOT LISTED FOR SALE

Estimated Value: $1,285,000 - $1,512,989

-- Bed
2 Baths
3,040 Sq Ft
$466/Sq Ft Est. Value

Last Sold June 05, 2020

Last sale price $1,210,000 $398 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $8,639/month

Highlights

  • Open Floorplan
  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Long Branch Elementary School Rated A
  • No HOA
  • 4-minute walk to Rocky Run Park

About This Home

As of June 2020

Multi-family detached home nestled in Arlington in an AMAZING location! Three separate apartments with open floor plans - an investor's dream. Plentiful closet space and each unit boasts it's own washer/dryer. Enjoy sunny and bright, shared outdoor spaces with grill and picnic table. Gleaming hardwood floors throughout. Off-street parking and a bus stop right around the corner. Only seconds away from the heart of Clarendon. Tons of shops, eat at a quaint cafes, enjoy the nightlife, or take the nearby Clarendon or Courthouse Metro all over the DMV area. Parks all around for nature lovers. Close to DC makes this the perfect location for commuters. Currently rents for total of $7,200/month.

Last Agent to Sell the Property

Sarah King Taylor

(703) 475-1003 Sarah@JSRealty4U.com EXP Realty, LLC License #0225080889 Listed on: 04/18/2020

EXP Realty, LLC

Last Buyer's Agent

Lauren Reardon

(703) 731-2313 laurenjanereardon@yahoo.com RE/MAX Distinctive Real Estate, Inc.

RE/MAX Distinctive Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,596

Year Built

  • Built in 1952

Lot Details

  • 5,238 Sq Ft Lot
  • Property is in very good condition

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • Open Floorplan
  • Ceiling Fan
  • Combination Dining and Living Room

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Up Access
  • Rear Basement Entry

Parking

  • 5 Parking Spaces
  • 5 Driveway Spaces
  • Public Parking

Outdoor Features

  • Storage Shed

Schools

  • Long Branch Elementary School
  • Jefferson Middle School
  • Washington-Liberty High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 18-035-009

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Income includes apartment rentals
  • Net Operating Income $84,672

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,596

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2020-04-19
  • Year Built: 1952
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Washer, Dryer, Disposal, Dishwasher, Refrigerator, Stove
  • Flooring Type: Hardwood, Ceramic Tile, Carpet
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Dining/Living, Floor Plan - Open, Pantry, Wood Floors
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Outside Entrance, Fully Finished, Rear Entrance, Walkout Stairs
  • Total Sq Ft: 3040
  • Living Area Sq Ft: 3040
  • Price Per Sq Ft: 490.20
  • Above Grade Finished Sq Ft: 2040
  • Below Grade Finished Sq Ft: 1000
  • Total Below Grade Sq Ft: 1000
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Storage Barn/Shed
  • Construction Materials: Brick
  • Road Surface Type: Paved
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Public
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 5

Utilities

  • Refuse: 293.92
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: LONG BRANCH
  • High School: WASHINGTON-LIBERTY
  • Middle Or Junior School: JEFFERSON

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5238.00
  • Property Condition: Very Good
  • Zoning: R-5
  • In City Limits: No

Rental Info

  • Existing Lease Type: Yearly
  • Rent Control: No
  • Total Actual Rent: 86400.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 8596.00
  • Assessor Parcel Number: 18-035-009
  • Tax Lot: 3
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

Multi Family

  • Income Includes: Apartment Rentals

MLS Schools

  • School District Name: ARLINGTON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2020
Closed on
Jun 5, 2020
Sold by
Lopez Julie C
Bought by
Gerlach Torge and Zamsky Elise
Seller's Agent
Sarah King Taylor
EXP Realty, LLC
Buyer's Agent
Lauren Reardon
RE/MAX Distinctive Real Estate, Inc.
List Price
$1,000,000
Sold Price
$1,210,000
Premium/Discount to List
$210,000
21%
Current Estimated Value
$1,415,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,997
Avg. Annual Appreciation
2.95%
Original Mortgage
$710,000
Outstanding Balance
$630,534
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$785,463

Purchase Details

Closed on
Feb 15, 2005
Sold by
Milon Mark
Bought by
Dabney John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,500
Interest Rate
5.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2000
Sold by
Lake Charletta
Bought by
Milon Mark S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
8.07%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Gerlach Torge $1,210,000 Commonwealth Land Title
Dabney John $657,500 --
Milon Mark S $257,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerlach Torge $710,000
Previous Owner Dabney John $580,500
Previous Owner Milon Mark S $212,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2020 06/05/20 Sold $1,210,000 +21.0% $398 / Sq Ft
04/21/2020 04/21/20 Pending -- -- --
04/18/2020 04/18/20 For Sale $1,000,000 -- $329 / 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 $14,722 $1,425,200 $864,100 $561,100
2024 $13,932 $1,348,700 $830,900 $517,800
2023 $12,999 $1,262,000 $811,900 $450,100
2022 $12,719 $1,234,900 $773,900 $461,000
2021 $12,236 $1,188,000 $760,000 $428,000
2020 $8,921 $869,500 $698,300 $171,200
2019 $8,597 $837,900 $665,000 $172,900
2018 $8,466 $841,600 $641,300 $200,300
2017 $8,264 $821,500 $617,500 $204,000
2016 $7,376 $744,300 $551,000 $193,300
2015 $7,177 $720,600 $527,300 $193,300
2014 $7,443 $747,300 $494,000 $253,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: VAAR161424

Bright MLS

APN: 18-035-009