NOT LISTED FOR SALE

Estimated Value: $753,000 - $823,000

3 Beds
2 Baths
1,119 Sq Ft
$850/mo HOA Fee

Last Sold January 30, 2024

Last sale price $755,000 $675 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,703/month

1 Day on Market

Highlights

  • Concierge
  • 2-minute walk to Virginia Square-Gmu
  • Community Pool
  • Ashlawn Elementary School Rated A
  • Fitness Center
  • 3-minute walk to Quincy Park

About This Home

As of January 2024

Welcome to Unit 507 at The Monroe, a 3-bedroom, 2-bath spacious corner unit located on the 5th floor with breathtaking views of Quincy Park and the Central Library. This sun-soaked residence boasts an abundance of windows, filling every room with natural light.

Step into the heart of the home—an updated kitchen featuring brand new Stainless Steel appliances (2023), elegant white quartz countertops, fresh subway backsplash, a deep farm sink, and a generously sized pantry. The bonus rolling island that conveys adds additional counter space and flexibility. The open living and dining area create a welcoming space for both relaxation and entertainment.

With three bedrooms and two full baths, this condo offers comfortable living. The Primary Suite offers an abundance of space, ample closet space, and a private balcony. Complete with a newly remodeled bathroom (2022), featuring a marble-tiled shower with a frameless glass door. A large vanity with tons of storage, paired with quartz countertops and brushed nickel accents, makes this bathroom breathtaking. Two additional bedrooms provide versatility in the space with another flawlessly updated full bathroom. All flooring was tastefully redone in 2021, providing a modern and cohesive look throughout.

Additional features include a new washer and dryer installed in 2022, a tankless hot water heater, and an assigned parking space for your convenience.

The Monroe not only offers a luxurious living space but also provides a host of community amenities, including a gym, library, party room, concierge services, and more.

Convenience is key, sitting just one block away from the Virginia Square Metro station and Starbucks, ensuring easy access to transportation, as well as being a block away from Giant. Minutes away from an abundance of shopping, fitness facilities, restaurants, and activities.

Last Agent to Sell the Property

David Moya

KW Metro Center License #BK3560858 Listed on: 12/30/2023

KW Metro Center

Co-Listed By

Karen Moya

KW Metro Center

Last Buyer's Agent

Erin Jones

KW Metro Center License #667489

KW Metro Center

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,170

Year Built

  • Built in 2006

HOA Fees

  • $850 Monthly HOA Fees

Parking

  • Assigned parking located at #103
  • Parking Storage or Cabinetry

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,119 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Home Security

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Additional Features

  • Accessible Elevator Installed
  • Property is in excellent condition

Listing and Financial Details

  • Assessor Parcel Number 14-031-117

Community Details

Overview

  • Association fees include common area maintenance, custodial services maintenance, exterior building maintenance, insurance, snow removal, trash
  • High-Rise Condominium
  • Monroe Condominium Condos
  • Monroe Condominium Community
  • Monroe Subdivision

Amenities

  • Concierge
  • Common Area
  • Community Center
  • Meeting Room
  • Party Room
  • Community Dining Room

Recreation

  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Security

  • Security Service
  • Front Desk in Lobby
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,170

Year Built

Built in 2006

Lot Details

0

HOA Fees

$850 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-01-05
  • Federal Flood Zone: No
  • Year Built: 2006
  • Assigned Parking Space Numbers: 103
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 5
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1119
  • Living Area Sq Ft: 1119
  • Price Per Sq Ft: 670.15
  • Above Grade Finished Sq Ft: 1119
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3625

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Assigned Spaces Count: 1
  • Garage: Yes
  • Parking Features: Assigned
  • Garage Features: Additional Storage Area
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Desk In Lobby, Fire Detection System, Smoke Detector, Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 850.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Monroe Condominium
  • HOA Condo Co-Op Amenities: Common Grounds, Community Center, Concierge, Dining Rooms, Elevator, Exercise Room, Meeting Room, Party Room, Security
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Custodial Services Maintenance, Ext Bldg Maint, Insurance, Snow Removal, Trash
  • 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: 009
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: RC
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: Yes
  • Pets: Number Limit, Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 7170.00
  • Assessor Parcel Number: 14-031-117
  • Tax Total Finished Sq Ft: 1119
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 01/30/2024

MLS Schools

  • School District Name: ARLINGTON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2023
Closed on
Jan 30, 2024
Sold by
Escobar Americo Jose Melara
Bought by
Kochmar William Perry and Kochmar Dominika
Seller's Agent
David Moya
KW Metro Center
Buyer's Agent
Erin Jones
KW Metro Center
List Price
$749,900
Sold Price
$755,000
Premium/Discount to List
$5,100
0.68%
Total Days on Market
1
Views
109
Current Estimated Value
$795,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,091
Avg. Annual Appreciation
3.97%
Original Mortgage
$604,000
Outstanding Balance
$596,244
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$198,847

Purchase Details

Closed on
Jun 18, 2007
Sold by
Monroe Street Venture Llc
Bought by
Ahc Inc
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
Kochmar William Perry $755,000 Universal Title
Ahc Inc $149,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kochmar William Perry $604,000
Previous Owner Melara Americo J $510,400
Previous Owner Melara Americo J $338,500
Previous Owner Melara Americo $374,500
Previous Owner Melara Americo J $90,750
Previous Owner Melara Americo Jose $365,247
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2024 01/30/24 Sold $755,000 +0.7% $675 / Sq Ft
12/30/2023 12/30/23 For Sale $749,900 -- $670 / 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 $7,605 $736,200 $97,400 $638,800
2023 $7,171 $696,200 $97,400 $598,800
2022 $7,171 $696,200 $97,400 $598,800
2021 $7,171 $696,200 $50,400 $645,800
2020 $7,143 $696,200 $50,400 $645,800
2019 $6,673 $650,400 $50,400 $600,000
2018 $6,020 $598,400 $50,400 $548,000
2017 $6,124 $608,700 $50,400 $558,300
2016 $5,781 $583,400 $50,400 $533,000
2015 $5,582 $560,400 $50,400 $510,000
2014 $5,445 $546,700 $50,400 $496,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAAR2038478

Bright MLS

APN: 14-031-117