Seller's Agent in 2023
Michael Webb
RE/MAX
(703) 624-8284
6 in this area
164 Total Sales
406 S Wayne St Arlington, VA 22204
Penrose NeighborhoodEstimated Value: $947,000 - $1,038,000
3
Beds
3
Baths
2,336
Sq Ft
$420/Sq Ft
Est. Value
Highlights
- Second Kitchen
- Cape Cod Architecture
- Wood Flooring
- Thomas Jefferson Middle School Rated A-
- Traditional Floor Plan
- 2-minute walk to Penrose Park
About This Home
As of July 2023OPEN HOUSE HAS BEEN CANCELED!!! Welcome to 406 S. Wayne St., Arlington VA! This excellent-condition Cape Cod home is situated in the sought-after Penrose Neighborhood. Boasting three levels, three bedrooms, and three bathrooms, this home offers a spacious and comfortable living environment. The main level features an upgraded kitchen with stainless steel appliances and luxury vinyl flooring. Beautiful hardwood floors flow throughout the upper levels, adding warmth and sophistication to every room. The living room is enhanced by a cozy fireplace, creating a perfect focal point for gatherings and adding to the charm of the space. Indulge in the renovated main bathroom or retreat to the upper level's spa bathroom for a luxurious experience. The lower level suite, complete with a private entrance and separate kitchen, offers versatility and potential for various living arrangements or rental opportunities. Outside, you'll find a large, oversized flat backyard with a shed and a separate gardening shed, providing ample space for outdoor activities and storage. The extended wide driveway ensures easy access to the backyard. Located just one block away from Penrose Park, this home offers proximity to nature and outdoor recreation. With shopping, restaurants, and amenities nearby, and convenient access to Columbia Pike, Washington Boulevard, and Route 50, this home truly combines comfort, convenience, and a desirable location. Don't miss the opportunity to make this exceptional Cape Cod home your own. Schedule your private tour today at 406 S. Wayne St., Arlington VA.
Last Agent to Sell the Property
(703) 624-8284 mwebb@remax.net RE/MAX Allegiance Listed on: 06/08/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,155
Year Built
- Built in 1940
Lot Details
- 5,500 Sq Ft Lot
- Property is Fully Fenced
- Landscaped
- Property is in very good condition
- Property is zoned RA8-18
Home Design
- Cape Cod Architecture
- Block Foundation
- Plaster Walls
- Asphalt Roof
- Aluminum Siding
Interior Spaces
- Property has 3 Levels
- Traditional Floor Plan
- Built-In Features
- Ceiling Fan
- 1 Fireplace
- Window Treatments
- Six Panel Doors
- Living Room
- Dining Room
- Utility Room
- Wood Flooring
- Basement
- Laundry in Basement
Kitchen
- Second Kitchen
- Gas Oven or Range
- Stove
- Ice Maker
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- Soaking Tub
Laundry
- Laundry Room
- Dryer
Parking
- 2 Parking Spaces
- 2 Driveway Spaces
- On-Street Parking
Outdoor Features
- Shed
- Porch
Schools
- Alice West Fleet Elementary School
- Jefferson Middle School
- Wakefield High School
Utilities
- Central Air
- Ductless Heating Or Cooling System
- Vented Exhaust Fan
- Hot Water Heating System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Penrose Subdivision
Listing and Financial Details
- Tax Lot 32
- Assessor Parcel Number 24-029-025
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 8, 2023
Closed on
Jul 11, 2023
Sold by
Lopez Lisa
Bought by
Garcia Dethrell and Spishak Cynthia
Seller's Agent
Michael Webb
RE/MAX Allegiance
Buyer's Agent
Carmen Fontecilla
Compass
List Price
$925,000
Sold Price
$925,000
Views
44
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
$56,250
Avg. Annual Appreciation
2.38%
Original Mortgage
$647,500
Outstanding Balance
$632,054
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$349,196
Purchase Details
Listed on
Jun 28, 2018
Closed on
Jul 20, 2018
Sold by
Cancino Diane E
Bought by
Lopez Lisa
Seller's Agent
Casey O'Neal
Compass
Buyer's Agent
Michael Webb
RE/MAX Allegiance
List Price
$650,000
Sold Price
$672,000
Premium/Discount to List
$22,000
3.38%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.64%
Original Mortgage
$537,600
Interest Rate
4.6%
Mortgage Type
New Conventional
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Garcia Dethrell | $925,000 | Westcor Land Title | |
| Lopez Lisa | $672,000 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Garcia Dethrell | $647,500 | |
| Previous Owner | Lopez Lisa | $537,600 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/13/2023 07/13/23 | Sold | $925,000 | 0.0% | $396 / Sq Ft | |
| 06/08/2023 06/08/23 | For Sale | $925,000 | +37.6% | $396 / Sq Ft | |
| 07/25/2018 07/25/18 | Sold | $672,000 | +3.4% | $343 / Sq Ft | View Prior Sale |
| 07/04/2018 07/04/18 | Pending | -- | -- | -- | |
| 06/28/2018 06/28/18 | For Sale | $650,000 | -- | $331 / Sq Ft |
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 |
|---|---|---|---|---|
| 2025 | $9,481 | $917,800 | $643,300 | $274,500 |
| 2024 | $9,224 | $892,900 | $643,300 | $249,600 |
| 2023 | $8,261 | $802,000 | $628,300 | $173,700 |
| 2022 | $8,156 | $791,800 | $598,300 | $193,500 |
| 2021 | $7,935 | $770,400 | $565,000 | $205,400 |
| 2020 | $7,374 | $718,700 | $515,000 | $203,700 |
| 2019 | $6,937 | $676,100 | $485,000 | $191,100 |
| 2018 | $5,987 | $595,100 | $460,000 | $135,100 |
| 2017 | $5,670 | $563,600 | $430,000 | $133,600 |
| 2016 | $5,437 | $548,600 | $415,000 | $133,600 |
| 2015 | $5,393 | $541,500 | $405,000 | $136,500 |
| 2014 | $5,044 | $506,400 | $385,000 | $121,400 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Webb
-
Claudia Webb
Seller Co-Listing Agent in 2023
Claudia Webb
RE/MAX
(703) 926-6942
6 in this area
157 Total Sales
-
Carmen Fontecilla
Buyer's Agent in 2023
Carmen Fontecilla
Compass
(301) 908-6672
2 in this area
282 Total Sales
-
Casey O'Neal
Seller's Agent in 2018
Casey O'Neal
Compass
(703) 217-9090
2 in this area
176 Total Sales
Map
Source: Bright MLS
MLS Number: VAAR2031600
APN: 24-029-025
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