NOT LISTED FOR SALE

3062 S Buchanan St Unit B1 Arlington, VA 22206

Fairlington Neighborhood

Estimated Value: $318,000 - $415,000

1 Bed
1 Bath
767 Sq Ft
43.07 Acres

Last Sold September 20, 2021

Last sale price $273,877 $357 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,177/month

Highlights

  • View of Trees or Woods
  • Colonial Architecture
  • No HOA
  • Gunston Middle School Rated A-
  • Traditional Floor Plan
  • 5-minute walk to Fort Reynolds Park

About This Home

As of May 2022

This home is located at 3062 S Buchanan St Unit B1, Arlington, VA 22206 since 15 April 2022 and is currently priced at $360,099. This property was built in 1944. 3062 S Buchanan St Unit B1 is a home located in Arlington County with nearby schools including Abingdon Elementary School, Gunston Middle School, and Wakefield High School.

Last Agent to Rent the Property

Zach Coleman

(703) 952-3452 zachary.coleman@homeservicespm.com HomeServices Property Management License #0225249423 Listed on: 04/15/2022

HomeServices Property Management

Last Renter's Agent

Nick Vasdev

(571) 275-1606 nick.vasdev@longandfoster.com Long & Foster Real Estate, Inc. License #0225248756

Long & Foster Real Estate, Inc.

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,281

Year Built

  • Built in 1944

Lot Details

  • Property is in excellent condition

Property Views

  • Woods
  • Garden

Home Design

  • Colonial Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 767 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Dining Area

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,900
  • 12-Month Min and 24-Month Max Lease Term
  • Available 4/15/22
  • $55 Application Fee
  • Assessor Parcel Number 29-011-148

Community Details

Overview

  • No Home Owners Association
  • Association fees include exterior building maintenance, management, pool(s), reserve funds, sewer, snow removal, trash, water
  • Low-Rise Condominium
  • Fairlington Villages Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Deposit $500

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,281

Year Built

Built in 1944

Lot Details

0

Rental Info

  • Date Available: 2022-04-15
  • Application Fee: 55.00
  • Pet Deposit: 500.00
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Security Deposit: 1900.00
  • Vacation Rental: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • New Construction: No
  • Story List: Main
  • Year Built: 1944
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dryer, Washer, Dishwasher, Refrigerator, Stove
  • Entry Floor: 1
  • Interior Amenities: Dining Area, Floor Plan - Traditional
  • Levels Count: 1
  • Room Count: 4
  • Basement: No
  • Total Sq Ft: 767
  • Living Area Sq Ft: 767
  • Price Per Sq Ft: 2.48
  • Above Grade Finished Sq Ft: 767
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3062

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, Below Grade
  • Construction Materials: Brick
  • View: Garden/Lawn, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Management, Pool(s), Reserve Funds, Sewer, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No

Schools

  • School District: ARLINGTON COUNTY PUBLIC SCHOOLS
  • School District Key: 121141631475
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 004
  • Property Condition: Excellent
  • Zoning: RA14-26

Tax Info

  • Assessor Parcel Number: 10651115
  • Assessor Parcel Number: 29-011-148
  • Close Date: 05/18/2022

MLS Schools

  • School District Name: ARLINGTON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2021
Closed on
Sep 20, 2021
Sold by
Hilbert James and Donald C Hilbert Estate
Bought by
Ferris Sarah
Seller's Agent
Roy Kohn
Redfin Corporation
Buyer's Agent
Matthew Ferris
Redfin Corporation
List Price
$289,900
Sold Price
$273,877
Premium/Discount to List
-$16,023
-5.53%
Current Estimated Value
$360,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,222
Avg. Annual Appreciation
6.96%
Original Mortgage
$205,407
Outstanding Balance
$186,905
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$173,194
Source: Public Records

Range of Values:

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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
Ferris Sarah $273,877 Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferris Sarah $205,407
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/18/2022 05/18/22 Rented $1,900 0.0% --
04/29/2022 04/29/22 Under Contract -- -- --
04/15/2022 04/15/22 For Rent $1,900 0.0% --
09/20/2021 09/20/21 Sold $273,877 -5.5% $357 / Sq Ft View Prior Sale
08/26/2021 08/26/21 Pending -- -- --
08/13/2021 08/13/21 For Sale $289,900 -- $378 / 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 $3,281 $317,600 $44,500 $273,100
2024 $3,201 $309,900 $44,500 $265,400
2023 $3,192 $309,900 $44,500 $265,400
2022 $3,140 $304,900 $44,500 $260,400
2021 $3,017 $292,900 $40,100 $252,800
2020 $2,819 $274,800 $40,100 $234,700
2019 $2,613 $254,700 $36,800 $217,900
2018 $2,511 $249,600 $36,800 $212,800
2017 $2,511 $249,600 $36,800 $212,800
2016 $2,376 $239,800 $36,800 $203,000
2015 $2,388 $239,800 $36,800 $203,000
2014 $2,388 $239,800 $36,800 $203,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAAR2015130

Bright MLS

APN: 29-011-148