3114 1st St N Arlington, VA 22201
Lyon Park NeighborhoodEstimated Value: $2,629,044
6
Beds
5.5
Baths
5,623
Sq Ft
$468/Sq Ft
Est. Value
Highlights
- New Construction
- Eat-In Gourmet Kitchen
- Contemporary Architecture
- Long Branch Elementary School Rated A
- Open Floorplan
- Recreation Room
About This Home
As of October 2023***PRICE REDUCED***Welcome to a stunning Contemporary new construction home by popular builder M-R Custom Homes. You will love calling this home! With over 5,600 finished square feet on a level 6,528 square foot lot, this stunning home features 6 bedrooms and 5.5 bathrooms on 4 levels. The home chef will love the showcase gourmet kitchen with its gorgeous inset cabinets, high-end Wolf and SubZero appliances and large island with quartz waterfall countertop, all open to the family room and the informal dining room. Throw open the dining room and family room sliding french doors to the screened porch and back deck to expand your living and entertaining space. An office with a wall of built-ins, mudroom with built-in bench and cubbies, and a powder room complete the main level. Head upstairs to the tranquil retreat of the primary suite with its spa-like bath (with dual-sink floating inset maple vanity, frameless heavy glass enclosed shower, freestanding soaking tub, and heated floor), his-and-hers walk-in closets, and abundant natural light from the south-facing wall of windows. Two secondary bedrooms (both with large windows, full en-suite bathroom, walk-in closets, recessed lights, and lighted ceiling fans), as well as a spacious laundry room and a sitting area/study nook complete the second level. The spacious 1,028 sq.ft .third floor includes a rec room with wet bar and beverage refrigerator and access to a large roof deck with long range views over the rooftops and trees of the neighbors. Two bedrooms with a shared full bath make this a perfect private guest suite. The spacious basement features a recreation room with Luxury Vinyl Plank flooring, wet bar with Waterfall countertop, beverage refrigerator, and icemaker, wine room, exercise room, bedroom with abundant natural light, full bathroom, and finished storage/craft room. 10’ ceilings on main level. White Oak flooring throughout main and upper levels. 9’ ceilings in 2nd floor and basement. 8’ ceiling in loft. Ceiling mounted speakers in kitchen, dining room, family room, screened porch, primary bedroom and bath, basement rec room, and loft. Wi-Fi programmable thermostats. Ring/Nest doorbell. 1 car garage. Abundant strorage. 3-season screened porch off the main level with its flagstone floor, 2 ceiling heaters, ceiling fan, and access to the back deck and backyard make this home a great place to entertain. Ballston Quarter, Lyon Village, and Fort Myer all within a mile. Less than 10 minutes to Amazon HQ2, the Pentagon, Pentagon City Mall, and the Army-Navy Country Club. Only 2 Metro stops to DC. Within .5 mile of LONG BRANCH ES and THOMAS JEFFERSON MS. WASHINGTON-LIBERTY HS.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,254
Year Built
- Built in 2023 | New Construction
Lot Details
- 6,258 Sq Ft Lot
- Northwest Facing Home
- Privacy Fence
- Wood Fence
- Landscaped
- Level Lot
- Back Yard Fenced, Front and Side Yard
- Property is in excellent condition
- Property is zoned R-6
Parking
- 1 Car Direct Access Garage
- Parking Storage or Cabinetry
- Front Facing Garage
- Garage Door Opener
- Driveway
- On-Street Parking
Home Design
- Contemporary Architecture
- Transitional Architecture
- Architectural Shingle Roof
- Stone Siding
- Concrete Perimeter Foundation
- HardiePlank Type
Interior Spaces
- Property has 4 Levels
- Open Floorplan
- Wet Bar
- Built-In Features
- Wainscoting
- Tray Ceiling
- Ceiling height of 9 feet or more
- Ceiling Fan
- Recessed Lighting
- Fireplace With Glass Doors
- Gas Fireplace
- Double Pane Windows
- Insulated Windows
- Casement Windows
- Sliding Doors
- Insulated Doors
- Six Panel Doors
- Family Room Off Kitchen
- Dining Room
- Den
- Recreation Room
- Loft
- Screened Porch
- Home Gym
Kitchen
- Eat-In Gourmet Kitchen
- Double Self-Cleaning Oven
- Gas Oven or Range
- Six Burner Stove
- Built-In Range
- Range Hood
- Built-In Microwave
- Ice Maker
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Upgraded Countertops
- Wine Rack
- Disposal
Flooring
- Wood
- Marble
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- En-Suite Primary Bedroom
- En-Suite Bathroom
- Walk-In Closet
- Soaking Tub
Laundry
- Laundry Room
- Laundry on upper level
- Washer and Dryer Hookup
Finished Basement
- Heated Basement
- Basement Fills Entire Space Under The House
- Walk-Up Access
- Interior and Side Basement Entry
- Sump Pump
- Basement Windows
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Flood Lights
Eco-Friendly Details
- Energy-Efficient Appliances
- Energy-Efficient Windows with Low Emissivity
Outdoor Features
- Balcony
- Screened Patio
- Exterior Lighting
Location
- Urban Location
Schools
- Long Branch Elementary School
- Jefferson Middle School
- Washington Lee High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Humidifier
- Programmable Thermostat
- 60 Gallon+ Natural Gas Water Heater
- 60 Gallon+ High-Efficiency Water Heater
Community Details
- No Home Owners Association
- Built by MR Custom Homes
- Lyon Park Subdivision
Listing and Financial Details
- Tax Lot 2
- Assessor Parcel Number 19-055-017
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 6, 2023
Closed on
Oct 30, 2023
Sold by
Mr Project Management Inc
Bought by
Milch Erik B and Milch Kristine M
Seller's Agent
Tom Francis
Keller Williams Realty
Buyer's Agent
Kenneth Sypal
Versant Realty
List Price
$2,749,900
Sold Price
$2,550,000
Premium/Discount to List
-$199,900
-7.27%
Total Days on Market
90
Views
481
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,044
Avg. Annual Appreciation
2.03%
Original Mortgage
$1,912,500
Outstanding Balance
$1,886,077
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$742,967
Purchase Details
Listed on
Jan 3, 2022
Closed on
Dec 21, 2021
Sold by
Sioris Helen R
Bought by
Mr Project Management Inc
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
Tom Francis
Keller Williams Realty
List Price
$1,000,000
Sold Price
$1,000,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
65.86%
Original Mortgage
$1,816,000
Interest Rate
2.98%
Mortgage Type
Construction
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
Similar Homes in Arlington, VA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Milch Erik B | $2,550,000 | None Listed On Document | |
| Mr Project Management Inc | $1,000,000 | Monarch Title | |
| Mr Project Management Inc | $1,000,000 | Monarch Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Milch Erik B | $1,912,500 | |
| Previous Owner | Mr Project Management Inc | $1,816,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/31/2023 10/31/23 | Sold | $2,550,000 | -1.7% | $453 / Sq Ft |
| 09/06/2023 09/06/23 | Price Changed | $2,595,000 | -1.9% | $461 / Sq Ft |
| 07/19/2023 07/19/23 | Price Changed | $2,645,000 | -3.8% | $470 / Sq Ft |
| 07/06/2023 07/06/23 | For Sale | $2,749,900 | 0.0% | $489 / Sq Ft |
| 07/06/2023 07/06/23 | Price Changed | $2,749,900 | +175.0% | $489 / Sq Ft |
| 01/03/2022 01/03/22 | For Sale | $1,000,000 | 0.0% | $744 / Sq Ft |
| 12/23/2021 12/23/21 | Sold | $1,000,000 | -- | $744 / Sq Ft |
| 11/24/2021 11/24/21 | Pending | -- | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $25,179 | $2,437,500 | $898,500 | $1,539,000 |
| 2023 | $9,255 | $898,500 | $898,500 | $0 |
| 2022 | $9,969 | $967,900 | $848,500 | $119,400 |
| 2021 | $9,569 | $929,000 | $815,000 | $114,000 |
| 2020 | $8,832 | $860,800 | $750,000 | $110,800 |
| 2019 | $8,608 | $839,000 | $725,000 | $114,000 |
| 2018 | $8,104 | $805,600 | $675,000 | $130,600 |
| 2017 | $7,853 | $780,600 | $650,000 | $130,600 |
| 2016 | $7,554 | $762,300 | $630,000 | $132,300 |
| 2015 | $7,094 | $712,300 | $580,000 | $132,300 |
| 2014 | $6,796 | $682,300 | $550,000 | $132,300 |
Source: Public Records
Agents Affiliated with this Home
-
Tom Francis
Seller's Agent in 2023
Tom Francis
Keller Williams Realty
(703) 930-7743
4 in this area
175 Total Sales
-
Kenneth Sypal
Buyer's Agent in 2023
Kenneth Sypal
Versant Realty
(703) 405-8990
1 in this area
72 Total Sales
-
datacorrect BrightMLS
d
Seller's Agent in 2022
datacorrect BrightMLS
Non Subscribing Office
Map
Source: Bright MLS
MLS Number: VAAR2027202
APN: 19-055-017
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