NOT LISTED FOR SALE

4102 40th St N Arlington, VA 22207

Old Glebe Neighborhood

Estimated Value: $2,499,000 - $3,355,000

0.62 Acre
$4,824,085 Price per Acre
27,007 Sq Ft Lot

Last Sold March 12, 2021

Last sale price $1,000,000

Est. 199% increase in value since last sale

Current estimated payment $18,652/month

Highlights

  • Scenic Views
  • 0.62 Acre Lot
  • Backs to Trees or Woods
  • Jamestown Elementary School Rated A
  • Property is near a park
  • No HOA

About This Lot

As of March 2021

Beautiful heavily wooded 27,000 SF building lot backing to National Parkland, yet only moments from Chain Bridge. Building footprint can generate 4,400+ sf above grade plus a full daylight lower level. This building lot is recorded and fully engineered, ready for permit. See Documents with the full brochure and contract instructions.

Last Agent to Sell the Property

Chris Reynolds

(703) 593-9086 chris@citysub.net City & Suburban Homes Co., Inc License #0225109490 Listed on: 01/22/2021

Last Buyer's Agent

Lauren Kivlighan

(703) 967-1600 lauren@dcareahomes.com Northern Virginia Real Estate Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,736

Lot Details

  • 0.62 Acre Lot
  • Lot Dimensions are 110' x 206'
  • Cul-De-Sac
  • Backs to Trees or Woods
  • Property is zoned R-20, 20,000 + square foot lots

Property Views

  • Scenic Vista
  • Woods
  • Park or Greenbelt

Location

  • Property is near a park

Schools

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 03-003-192

Property Details

Property Type

Land

Est. Annual Taxes

$9,736

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Vacant
  • New Construction: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: Beautiful heavily wooded 27,000 SF building lot backing to National Parkland, yet only moments from Chain Bridge. Building footprint can generate 4,400+ sf above grade plus a full daylight lower level. This building lot is recorded and fully engineered, ready for permit. See Documents with the full brochure and contract instructions.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 37.31
  • Street Number Modifier: 4102

Exterior Features

  • Construction Completed: No
  • View: Park/Greenbelt, Scenic Vista, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available, Electric Available, Water Available, Sewer Available
  • 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
  • Lot Features: Backs - Parkland, Backs To Trees, Cul-De-Sac
  • Lot Size Acres: 0.62
  • Lot Dimensions: 110' X 206'
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 26799.00
  • Possible Use: Residential
  • Year Assessed: 2021
  • Zoning: R-20
  • Zoning Description: 20,000 + square foot lots
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 24261085
  • Tax Annual Amount: 9736.00
  • Assessor Parcel Number: 03-003-192
  • Tax Year: 2021
  • Close Date: 03/12/2021

MLS Schools

  • School District Name: ARLINGTON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2021
Closed on
Mar 12, 2021
Sold by
Kahn Martin L
Bought by
Cbain Bridge Bank Na
Seller's Agent
Chris Reynolds
City & Suburban Homes Co., Inc
Buyer's Agent
Lauren Kivlighan
Northern Virginia Real Estate Inc.
List Price
$1,000,000
Sold Price
$1,000,000
Current Estimated Value
$2,990,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,990,933
Avg. Annual Appreciation
27.09%
Original Mortgage
$600,000
Interest Rate
2.73%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jan 22, 2021
Closed on
Mar 10, 2021
Sold by
Kahn Martha L and Rhodes St Holdings Llc
Bought by
Chain Bridge Bank Na
Seller's Agent
Chris Reynolds
City & Suburban Homes Co., Inc
Buyer's Agent
Lauren Kivlighan
Northern Virginia Real Estate Inc.
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.
Original Mortgage
$600,000
Interest Rate
2.73%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 11, 2020
Sold by
Solias Llc
Bought by
Rhodes St Holdings Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Cbain Bridge Bank Na $1,000,000 Stewart Title
Chain Bridge Bank Na $1,000,000 Stewart Title
Rhodes St Holdings Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Cbain Bridge Bank Na $600,000
Closed Chain Bridge Bank Na $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2021 03/12/21 Sold $1,000,000 0.0% --
02/10/2021 02/10/21 Pending -- -- --
01/22/2021 01/22/21 For Sale $1,000,000 -- --
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 $32,783 $3,173,600 $1,158,300 $2,015,300
2024 $29,394 $2,845,500 $1,098,300 $1,747,200
2023 $11,312 $1,098,300 $1,098,300 $0
2022 $10,746 $1,043,300 $1,043,300 $0
2021 $10,028 $973,600 $973,600 $0
2020 $0 $948,600 $948,600 $0
Source: Public Records

Agents Affiliated with this Home

  • Chris Reynolds

    Seller's Agent in 2021

    Chris Reynolds

    City & Suburban Homes Co., Inc

    (703) 593-9086

    2 in this area

    21 Total Sales

    Chris Reynolds
    Section Image
  • Lauren Kivlighan

    Buyer's Agent in 2021

    Lauren Kivlighan

    Northern Virginia Real Estate Inc.

    (703) 967-1600

    1 in this area

    108 Total Sales

    Lauren Kivlighan
    Section Image
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Map

Source: Bright MLS

MLS Number: VAAR175406

Bright MLS

APN: 03-003-192

Virginia Arlington County Arlington 22207 Old Glebe

4102 40th St N, Arlington, VA

This home is located at 4102 40th St N, Arlington, VA 22207 since 22 January 2021 and is currently estimated at $2,990,933. 4102 40th St N is a home located in Arlington County with nearby schools including Jamestown Elementary School, Williamsburg Middle School, and Yorktown High School.

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