NOT LISTED FOR SALE

2703 S Walter Reed Dr Unit A Arlington, VA 22206

Fairlington Neighborhood

Estimated Value: $525,000 - $590,638

3 Beds
2 Baths
1,576 Sq Ft
$568/mo HOA Fee

Last Sold October 21, 2016

Last sale price $387,500 $246 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $4,146/month

33 Days on Market

Highlights

  • Colonial Architecture
  • Traditional Floor Plan
  • Main Floor Bedroom
  • Gunston Middle School Rated A-
  • Wood Flooring
  • 3-minute walk to Lucky Run Park

About This Home

As of October 2016

UPDATED two-level unit w/ over 1500 sq ft! New KIT boasts self-closing cabs & ceramic tiles. LOTS OF STORAGE - huge MBR walk-in closet & closets throughout. Natural light! This end-unit boasts a rec room w/ a walk-out to a large private fenced patio--perfect for entertaining friends & family. Walk to Shirlington. Close to DC and public transportation! Click tour for the interactive floorplan!

Last Agent to Sell the Property

Peggy Parker

Samson Properties Listed on: 08/18/2016

Samson Properties

Last Buyer's Agent

Evan Lacopo

TTR Sotheby's International Realty License #0225076795

TTR Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,655

Year Built

  • Built in 1950

Lot Details

  • Property is in very good condition

HOA Fees

  • $568 Monthly HOA Fees

Parking

  • Rented or Permit Required

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,576 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Ceiling Fan
  • Combination Kitchen and Dining Room
  • Game Room
  • Wood Flooring
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Connecting Stairway
  • Side Exterior Basement Entry

Schools

  • Abingdon Elementary School
  • Gunston Middle School
  • Wakefield High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 29-005-594

Community Details

Overview

  • Moving Fees Required
  • Association fees include exterior building maintenance, sewer, trash, snow removal, water, lawn maintenance, management, insurance, parking fee, pool(s), reserve funds
  • Low-Rise Condominium
  • The Arlington Subdivision, "L" Floorplan
  • The Arlington Community
  • The community has rules related to commercial vehicles not allowed, parking rules

Amenities

  • Common Area

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,655

Year Built

Built in 1950

Lot Details

0

HOA Fees

$568 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1950
  • Remarks Public: UPDATED two-level unit w/ over 1500 sq ft! New KIT boasts self-closing cabs & ceramic tiles. LOTS OF STORAGE - huge MBR walk-in closet & closets throughout. Natural light! This end-unit boasts a rec room w/ a walk-out to a large private fenced patio--perfect for entertaining friends & family. Walk to Shirlington. Close to DC and public transportation! Click tour for the interactive floorplan!
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Combination Kitchen/Dining, Entry Level Bedroom, Upgraded Countertops, Wood Floors, Floor Plan - Traditional
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Entry Location: 1st Floor
  • Levels Count: 2
  • Room List: Game Room
  • Basement: Yes
  • Basement Type: Outside Entrance, Side Entrance, Fully Finished, Heated, Connecting Stairway, Improved, Walkout Level
  • Living Area Units: Square Feet
  • Total Sq Ft: 1576
  • Living Area Sq Ft: 1576
  • Price Per Sq Ft: 250.63
  • Above Grade Finished Sq Ft: 1576
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2703

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Pool Private: 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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Cooling: Yes
  • 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: 568.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Tennis Courts, Common Grounds
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Sewer, Trash, Snow Removal, Water, Lawn Maintenance, Management, Insurance, Parking Fee, Pool(s), Reserve Funds
  • HOA Condo Co-Op Rules: Commercial Vehicles Prohibited, Moving Fees Required, Parking, Pets - Allowed
  • HOA: No
  • Senior Community: No

Schools

  • School District: ARLINGTON COUNTY PUBLIC SCHOOLS
  • Elementary School: ABINGDON
  • Middle School: GUNSTON
  • High School: WAKEFIELD
  • School District Key: 121141631475
  • Elementary School: ABINGDON
  • High School: WAKEFIELD
  • Middle Or Junior School: GUNSTON

Green Features

  • Green Verification: No

Lot Info

  • Improvement Assessed Value: 286800.00
  • Land Assessed Value: 82000.00
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Year Assessed: 2016
  • Zoning: RA14-26

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10638507
  • Tax Annual Amount: 3654.80
  • Assessor Parcel Number: 29-005-594
  • Tax Total Finished Sq Ft: 1576
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016
  • Close Date: 10/21/2016

MLS Schools

  • School District Name: ARLINGTON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2016
Closed on
Oct 21, 2016
Sold by
The Daria T Bessom Trust Dated August 6
Bought by
Brown Leta A
Seller's Agent
Peggy Parker
Samson Properties
Buyer's Agent
Evan Lacopo
TTR Sotheby's International Realty
List Price
$395,000
Sold Price
$387,500
Premium/Discount to List
-$7,500
-1.9%
Total Days on Market
33
Current Estimated Value
$561,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,410
Avg. Annual Appreciation
3.98%
Original Mortgage
$310,000
Outstanding Balance
$252,344
Interest Rate
3.44%
Mortgage Type
New Conventional
Estimated Equity
$290,023
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
Brown Leta A $387,500 Cobalt Settlements Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Leta A $310,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2016 10/21/16 Sold $387,500 -1.9% $246 / Sq Ft
09/21/2016 09/21/16 Pending -- -- --
08/18/2016 08/18/16 For Sale $395,000 +1.9% $251 / Sq Ft
08/18/2016 08/18/16 Off Market $387,500 -- --
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 $5,079 $491,700 $121,400 $370,300
2023 $4,717 $458,000 $121,400 $336,600
2022 $4,585 $445,100 $121,400 $323,700
2021 $4,282 $415,700 $121,400 $294,300
2020 $4,358 $424,800 $82,000 $342,800
2019 $4,038 $393,600 $82,000 $311,600
2018 $3,624 $360,200 $82,000 $278,200
2017 $3,652 $363,000 $82,000 $281,000
2016 $3,655 $368,800 $82,000 $286,800
2015 $3,564 $357,800 $82,000 $275,800
2014 $3,510 $352,400 $82,000 $270,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001614325

Bright MLS

APN: 29-005-594