NOT LISTED FOR SALE

2702 Lee Hwy Unit 1B Arlington, VA 22201

Lyon Village Neighborhood

Estimated Value: $851,000 - $921,000

2 Beds
2 Baths
1,385 Sq Ft
$569/mo HOA Fee

Last Sold October 15, 2013

Last sale price $720,000 $520 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $6,049/month

11 Days on Market

Highlights

  • Open Floorplan
  • Transitional Architecture
  • Upgraded Countertops
  • Dorothy Hamm Middle School Rated A
  • Wood Flooring
  • 2-minute walk to Lyon Village Park

About This Home

As of October 2013

PRACTICALLY BRAND NEW large 2 BR/2BA condo. Price drops even lower to $720,000 if you need only one parking space. Double MBR. Private elevator to garage. Big 300 sf patio perfect for grilling & entertaining. Just 5 blocks to Clarendon Metro. Owners added $10,000 in Hunter Douglas blinds, closet systems and patio improvements.

Last Agent to Sell the Property

Diane Duston

KW Metro Center License #0225187922 Listed on: 08/15/2013

KW Metro Center

Last Buyer's Agent

Jade Yang

Signature Home Realty LLC License #SP98373869

Signature Home Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,469

Year Built

  • Built in 2012

Lot Details

  • Property is in very good condition

HOA Fees

  • $569 Monthly HOA Fees

Home Design

  • Transitional Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,385 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Window Treatments
  • Sitting Room
  • Living Room
  • Dining Room
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Alarm System
  • Exterior Cameras

Parking

  • Subterranean Parking
  • Garage Door Opener
  • Parking Space Conveys

Accessible Home Design

  • Accessible Elevator Installed
  • Roll-in Shower
  • Doors with lever handles
  • Doors are 32 inches wide or more
  • Entry thresholds less than 5/8 inches
  • Vehicle Transfer Area

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • No Septic System

Listing and Financial Details

  • Assessor Parcel Number 15015024

Community Details

Overview

  • Association fees include exterior building maintenance, fiber optics available, lawn maintenance, insurance, sewer, snow removal, trash, water, alarm system
  • Low-Rise Condominium
  • Built by GBI
  • Lyon Pointe Community
  • Lyon Village Subdivision

Amenities

  • Common Area
  • Elevator

Pet Policy

  • Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,469

Year Built

Built in 2012

Lot Details

0

HOA Fees

$569 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Transitional
  • Accessibility Features: 32"+ Wide Doors, Doors - Lever Handle(s), Elevator, Roll-In Shower, Thresholds <5/8", Vehicle Transfer Area
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2012
  • Remarks Public: PRACTICALLY BRAND NEW large 2 BR/2BA condo. Price drops even lower to $720,000 if you need only one parking space. Double MBR. Private elevator to garage. Big 300 sf patio perfect for grilling & entertaining. Just 5 blocks to Clarendon Metro. Owners added $10,000 in Hunter Douglas blinds, closet systems and patio improvements.
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Icemaker, Microwave, Oven/Range - Gas, Refrigerator, Washer
  • Interior Amenities: Breakfast Area, Dining Area, Primary Bath(s), Elevator, Upgraded Countertops, Window Treatments, Wood Floors, Floor Plan - Open
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings
  • Entry Location: 1st Floor
  • Foundation Details: Concrete Perimeter
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Kitchen
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1385
  • Living Area Sq Ft: 1385
  • Price Per Sq Ft: 530.61
  • Above Grade Finished Sq Ft: 1385
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2702

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Garage, Parking Space Conveys
  • Garage Features: Garage Door Opener, Underground

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Electric Alarm, Exterior Cameras, Security System
  • Sewer/Septic System: No Septic System
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 569.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Security
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Fiber Optics Available, Lawn Maintenance, Insurance, Sewer, Snow Removal, Trash, Water, Alarm System
  • HOA Condo Co-Op Rules: Pets - Allowed
  • HOA: No

Lot Info

  • Property Attached Yn: Yes
  • Property Condition: Very Good

Building Info

  • Builder Name: GBI

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15015024
  • Close Date: 10/15/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2012
Closed on
Sep 26, 2012
Sold by
Gbi Lyon Pointe L C
Bought by
Hunter Timothy Robert and Hunter Audrey Kim
Seller's Agent
Kathy Brandel
Urban Pace
Buyer's Agent
Kathy Brandel
Urban Pace
List Price
$699,900
Sold Price
$729,900
Premium/Discount to List
$30,000
4.29%
Total Days on Market
11
Current Estimated Value
$899,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,623
Avg. Annual Appreciation
1.66%
Original Mortgage
$450,000
Interest Rate
3.62%
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
Hunter Timothy Robert $729,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zumot Salem Christofer $346,425
Closed Hunter Timothy Robert $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2013 10/15/13 Sold $720,000 -2.0% $520 / Sq Ft
08/26/2013 08/26/13 Pending -- -- --
08/15/2013 08/15/13 For Sale $734,900 +0.7% $531 / Sq Ft
09/27/2012 09/27/12 Sold $729,900 +4.3% $527 / Sq Ft
08/11/2012 08/11/12 Pending -- -- --
05/07/2012 05/07/12 For Sale $699,900 -- $505 / 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
2024 $8,469 $819,800 $91,100 $728,700
2023 $8,310 $806,800 $91,100 $715,700
2022 $8,178 $794,000 $91,100 $702,900
2021 $8,178 $794,000 $91,100 $702,900
2020 $8,146 $794,000 $56,000 $738,000
2019 $8,011 $780,800 $56,000 $724,800
2018 $7,789 $774,300 $56,000 $718,300
2017 $7,488 $744,300 $56,000 $688,300
2016 $6,895 $695,800 $56,000 $639,800
2015 $6,870 $689,800 $56,000 $633,800
2014 $6,870 $689,800 $56,000 $633,800
Source: Public Records

Agents Affiliated with this Home

  • Diane Duston

    Seller's Agent in 2013

    Diane Duston

    KW Metro Center

    (703) 203-8957

    1 in this area

    8 Total Sales

    Diane Duston
    Section Image

  • J

    Buyer's Agent in 2013

    Jade Yang

    Signature Home Realty LLC

    (202) 977-2188

    9 Total Sales

    Jade Yang
    Section Image

  • K

    Seller's Agent in 2012

    Kathy Brandel

    Urban Pace

See All Agents

Map

Source: Bright MLS

MLS Number: 1001583293

Bright MLS

APN: 15-015-024

Virginia Arlington County Arlington 22201 Lyon Village

2702 Lee Hwy Unit 1B, Arlington, VA

This home is located at 2702 Lee Hwy Unit 1B, Arlington, VA 22201 since 15 August 2013 and is currently estimated at $899,523, approximately $649 per square foot. This property was built in 2012. 2702 Lee Hwy Unit 1B is a home located in Arlington County with nearby schools including Innovation Elementary School, Dorothy Hamm Middle School, and Washington Liberty High School.

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