NOT LISTED FOR SALE

4390 Lorcom Ln Unit 502 Arlington, VA 22207

Waverly Hills Neighborhood

Estimated Value: $244,000 - $309,000

1 Bed
1 Bath
819 Sq Ft
1961 Built

Last Sold October 31, 2014

Last sale price $203,000 $248 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,628/month

Highlights

  • Fitness Center
  • Midcentury Modern Architecture
  • Party Room
  • Glebe Elementary School Rated A
  • No HOA
  • 4-minute walk to Horizons Dog Park

About This Home

As of October 2022

This light-filled, (electricity, gas, water, and parking are included in the rent) spacious and move in ready condo has wood floors throughout and a lovely balcony. This is your chance to live at a well managed and manicured building, in a beautiful and convenient neighborhood in Arlington, and yet be only a few short minutes to the hustle and bustle of Georgetown or downtown DC. With a large bedroom, ample closet space, 2 parking passes and an extra storage space, you will be comfortable in this south facing condo. There is a washer and 2 dryers on every floor and there are several washers and dryers in the basement. Carlyn Place has a rooftop party room, a bike room and an exercise room which was recently re-equipped. The building is only a block away from Lee Heights Shops with a variety of stores, from Randalph Pastries and Arrow Wine to a hair salon, a UPS store, a Seven Eleven and multiple dining options. For drivers, the building is a few short minutes to I-66 and GW Parkway. If you want to use public transportation, "3Y" buses will take you to the heart of downtown DC and "ART 55" buses will take you to East Falls Church(Orange and Silver metro) or Roslyn(Orange, Silver and Blue metro). Are you into jogging and biking? Your home will be less than a mile from Arlington Loop and Heart of Arlington trails, and Capital Bike Share is just a block away. A minimum of 700 credit score is required for all applicants.
All adult applicants must have an at least 700 credit score.

Last Agent to Rent the Property

Arash Azma

Compass Listed on: 09/15/2022

Compass

Last Renter's Agent

Randy Herbst

Long & Foster Real Estate, Inc. License #0225245214

Long & Foster Real Estate, Inc.

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,461

Year Built

  • Built in 1961

Parking

  • Parking Lot

Home Design

  • Midcentury Modern Architecture
  • Brick Exterior Construction

Interior Spaces

  • 819 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,700
  • $400 Move-In Fee
  • Requires 1 Month of Rent Paid Up Front
  • Tenant pays for cable TV
  • Rent includes water, electricity, gas, parking, trash removal, sewer, snow removal, common area maintenance, community center
  • No Smoking Allowed
  • 12-Month Lease Term
  • Available 9/15/22
  • $38 Application Fee
  • Assessor Parcel Number 07-001-144

Community Details

Overview

  • No Home Owners Association
  • Association fees include electricity, gas, water, trash, snow removal, sewer, parking fee
  • Mid-Rise Condominium
  • Carlyn Place Community
  • Waverly Hills Subdivision

Amenities

  • Party Room

Recreation

  • Fitness Center

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,461

Year Built

Built in 1961

Lot Details

0

Rental Info

  • Date Available: 2022-09-15
  • Application Fee: 38.00
  • Months Rent Up Front: 1.0
  • Pets Allowed: No
  • Rent Includes: Water, Electricity, Gas, Parking, Trash Removal, Sewer, Snow Removal, Common Area Maintenance, Community Center
  • Security Deposit: 1700.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Cable Tv
  • Vacation Rental: No
  • Max Lease in Months: 12
  • Min Lease in Months: 12
  • Move In Fee: 400.00
  • Rent Spree Online Application: Yes

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Mid-Century Modern
  • Accessibility Features: Elevator
  • New Construction: No
  • Story List: Main
  • Year Built: 1961
  • Remarks Public: This light-filled, (electricity, gas, water, and parking are included in the rent) spacious and move in ready condo has wood floors throughout and a lovely balcony. This is your chance to live at a well managed and manicured building, in a beautiful and convenient neighborhood in Arlington, and yet be only a few short minutes to the hustle and bustle of Georgetown or downtown DC. With a large bedroom, ample closet space, 2 parking passes and an extra storage space, you will be comfortable in this south facing condo. There is a washer and 2 dryers on every floor and there are several washers and dryers in the basement. Carlyn Place has a rooftop party room, a bike room and an exercise room which was recently re-equipped. The building is only a block away from Lee Heights Shops with a variety of stores, from Randalph Pastries and Arrow Wine to a hair salon, a UPS store, a Seven Eleven and multiple dining options. For drivers, the building is a few short minutes to I-66 and GW Parkway. If you want to use public transportation, "3Y" buses will take you to the heart of downtown DC and "ART 55" buses will take you to East Falls Church(Orange and Silver metro) or Roslyn(Orange, Silver and Blue metro). Are you into jogging and biking? Your home will be less than a mile from Arlington Loop and Heart of Arlington trails, and Capital Bike Share is just a block away. A minimum of 700 credit score is required for all applicants. All adult applicants must have an at least 700 credit score.
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 5
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 819
  • Living Area Sq Ft: 819
  • Price Per Sq Ft: 2.08
  • Above Grade Finished Sq Ft: 819
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4390

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Exercise Room, Party Room
  • HOA Condo Co-Op Fee Includes: Electricity, Gas, Water, Trash, Snow Removal, Sewer, Parking Fee
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: ARLINGTON COUNTY PUBLIC SCHOOLS
  • School District Key: 121141631475
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 017
  • Lot Size Units: Square Feet
  • Zoning: RA6-15

Tax Info

  • Assessor Parcel Number: 07-001-144
  • Close Date: 10/07/2022

MLS Schools

  • School District Name: ARLINGTON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2014
Closed on
Oct 31, 2014
Sold by
Leong Ernest
Bought by
Hutman Kenneth
Seller's Agent
Tony Towler
Long & Foster Real Estate, Inc.
Buyer's Agent
Michael Gorman
RealtyPeople
List Price
$229,900
Sold Price
$203,000
Premium/Discount to List
-$26,900
-11.7%
Current Estimated Value
$261,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,304
Avg. Annual Appreciation
2.36%

Purchase Details

Closed on
Feb 27, 2009
Sold by
Patapiev Valentina Chitic
Bought by
Leong Ernest

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,200
Interest Rate
5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Hutman Kenneth $203,000 --
Leong Ernest $198,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hutman Kenneth $63,000
Previous Owner Leong Ernest $178,200
Previous Owner Chiticpatapievici Valentina $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2022 10/07/22 Rented $1,700 0.0% --
09/15/2022 09/15/22 For Rent $1,700 0.0% --
10/31/2014 10/31/14 Sold $203,000 -11.7% $248 / Sq Ft
10/11/2014 10/11/14 Pending -- -- --
09/26/2014 09/26/14 For Sale $229,900 -- $281 / 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 $2,461 $238,200 $54,100 $184,100
2024 $2,442 $236,400 $54,100 $182,300
2023 $2,381 $231,200 $54,100 $177,100
2022 $2,297 $223,000 $54,100 $168,900
2021 $2,485 $241,300 $54,100 $187,200
2020 $2,260 $220,300 $28,700 $191,600
2019 $2,086 $203,300 $28,700 $174,600
2018 $2,045 $203,300 $28,700 $174,600
2017 $1,980 $196,800 $28,700 $168,100
2016 $1,934 $195,200 $28,700 $166,500
2015 $1,874 $188,200 $28,700 $159,500
2014 $2,024 $203,200 $28,700 $174,500
Source: Public Records

Agents Affiliated with this Home

  • Arash Azma

    Landlord's Agent in 2022

    Arash Azma

    Compass

    (703) 677-7348

    3 in this area

    51 Total Sales

    Arash Azma
    Section Image
  • Randy Herbst

    Tenant's Agent in 2022

    Randy Herbst

    Long & Foster

    (703) 470-7089

    28 Total Sales

    Randy Herbst
    Section Image

  • T

    Seller's Agent in 2014

    Tony Towler

    Long & Foster

    Section Image
  • Michael Gorman

    Buyer's Agent in 2014

    Michael Gorman

    RealtyPeople

    (703) 862-7044

    60 Total Sales

    Michael Gorman
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: VAAR2022654

Bright MLS

APN: 07-001-144

Virginia Arlington County Arlington 22207 Waverly Hills

4390 Lorcom Ln Unit 502, Arlington, VA

This home is located at 4390 Lorcom Ln Unit 502, Arlington, VA 22207 since 15 September 2022 and is currently priced at $261,304. This property was built in 1961. 4390 Lorcom Ln Unit 502 is a home located in Arlington County with nearby schools including Glebe Elementary School, Dorothy Hamm Middle School, and Yorktown High School.

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