NOT LISTED FOR SALE

Estimated Value: $5,757,000 - $7,162,000

0.79 Acre
$7,935,005 Price per Acre
34,412 Sq Ft Lot

Last Sold August 14, 2024

Last sale price $6,400,000 $2,920 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $37,193/month

3 Days on Market

Highlights

  • 102 Feet of Waterfront
  • Water Oriented
  • 0.79 Acre Lot
  • Jamestown Elementary School Rated A
  • River View
  • Private Lot

About This Lot

As of August 2024

Truly a unique and extraordinary one-of-a-kind lot. This property affords the opportunity to build a new residence with world class views of the Potomac River and the Palisades of Washington DC. The location for a new home along with exterior renderings displays a stunning vision to create a custom residence on this irreplaceable property. The existing home on the site is light filled, floor to ceiling glass with three levels comprising open, contemporary spaces and fine finish details.

Last Agent to Sell the Property

Dean Yeonas

Yeonas & Shafran Real Estate, LLC Listed on: 04/12/2024

Co-Listed By

Jack Shafran

Yeonas & Shafran Real Estate, LLC

Last Buyer's Agent

Sherif Abdalla

Compass License #sp98372424

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $31,019

Lot Details

  • 0.79 Acre Lot
  • 102 Feet of Waterfront
  • Open Space
  • Private Lot
  • Secluded Lot
  • Back Yard
  • Property is zoned R-20

Property Views

  • River
  • Scenic Vista
  • Woods

Schools

  • Jamestown Elementary School
  • Williamsburg Middle School
  • Yorktown High School

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 03-001-010

Community Details

Overview

  • No Home Owners Association

Recreation

  • Poolside Lot
  • Water Oriented
  • River Nearby
  • Stream or River on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$31,019

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • Historic: No
  • Automatically Close On Close Date: No
  • Remarks Public: Truly a unique and extraordinary one-of-a-kind lot. This property affords the opportunity to build a new residence with world class views of the Potomac River and the Palisades of Washington DC. The location for a new home along with exterior renderings displays a stunning vision to create a custom residence on this irreplaceable property. The existing home on the site is light filled, floor to ceiling glass with three levels comprising open, contemporary spaces and fine finish details.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 203.22
  • Street Number Modifier: 3901

Exterior Features

  • Construction Completed: No
  • Road Surface Type: Paved
  • View: River, Scenic Vista, Water, Trees/Woods
  • Water Access: No
  • Water Body Name: Potomac River
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes
  • Water Frontage In Feet: 102

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: ARLINGTON COUNTY PUBLIC SCHOOLS
  • Elementary School: JAMESTOWN
  • Middle School: WILLIAMSBURG
  • High School: YORKTOWN
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121141631475
  • School District Source: Listing Agent
  • Elementary School: JAMESTOWN
  • High School: YORKTOWN
  • Middle Or Junior School: WILLIAMSBURG

Lot Info

  • Additional Parcels: No
  • Land Use Code: 026
  • Lot Features: Adjoins - Open Space, Poolside, Private, Rear Yard, Secluded
  • Lot Size Acres: 0.79
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 34445.00
  • Year Assessed: 2023
  • Zoning: R-20
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 31019.00
  • Assessor Parcel Number: 03-001-010
  • Tax Lot: 3
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 08/14/2024

MLS Schools

  • School District Name: ARLINGTON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2024
Closed on
Aug 9, 2024
Sold by
Virginia I Laytham Revocable Trust and Laytham Virginia I
Bought by
3901 River View Llc
Seller's Agent
Dean Yeonas
Yeonas & Shafran Real Estate, LLC
Buyer's Agent
Sherif Abdalla
Compass
List Price
$7,000,000
Sold Price
$6,400,000
Premium/Discount to List
-$600,000
-8.57%
Views
50
Current Estimated Value
$6,268,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$131,346
Avg. Annual Appreciation
-1.99%

Purchase Details

Closed on
Jun 15, 2020
Sold by
Laytham Virginia I
Bought by
Laytham John G and Laytham Virginia I
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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
3901 River View Llc $6,400,000 First American Title Insurance
Laytham John G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Virginia I Laytham Revocable T $1,337,000
Previous Owner Laytham John G $1,650,000
Previous Owner Laytham John G $1,720,000
Previous Owner Laytham John G $1,850,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2024 08/14/24 Sold $6,400,000 0.0% $2,920 / Sq Ft
08/14/2024 08/14/24 Sold $6,400,000 -8.6% $2,000 / Sq Ft
04/15/2024 04/15/24 Pending -- -- --
04/15/2024 04/15/24 Pending -- -- --
04/12/2024 04/12/24 For Sale $7,000,000 0.0% $3,193 / Sq Ft
04/12/2024 04/12/24 For Sale $7,000,000 -- $2,188 / 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 $36,447 $3,528,300 $3,100,100 $428,200
2024 $31,486 $3,048,000 $2,686,700 $361,300
2023 $31,019 $3,011,600 $2,686,700 $324,900
2022 $29,182 $2,833,200 $2,514,500 $318,700
2021 $27,699 $2,689,200 $2,376,700 $312,500
2020 $27,076 $2,639,000 $2,325,000 $314,000
2019 $25,620 $2,497,100 $2,256,100 $241,000
2018 $25,123 $2,497,300 $2,256,100 $241,200
2017 $25,123 $2,497,300 $2,256,100 $241,200
2016 $23,738 $2,395,400 $2,152,800 $242,600
2015 $23,471 $2,356,500 $2,152,800 $203,700
2014 $22,271 $2,236,000 $2,032,300 $203,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: VAAR2042356

Bright MLS

APN: 03-001-010