NOT LISTED FOR SALE

4390 Lorcom Ln Unit 506 Arlington, VA 22207

Waverly Hills Neighborhood

Estimated Value: $223,000 - $263,000

1 Bed
1 Bath
746 Sq Ft
1961 Built

Last Sold June 14, 2024

Last sale price $210,000 $282 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,434/month

Highlights

  • Fitness Center
  • Open Floorplan
  • Storage Room
  • Glebe Elementary School Rated A
  • Party Room
  • 4-minute walk to Horizons Dog Park

About This Home

As of August 2024

This light-filled and spacious ready to move in condo is your chance to live at a well managed and manicured building, in a beautiful and convenient neighborhood in Arlington. You will be only a few short minutes to the hustle and bustle of Georgetown or downtown DC. The rent includes all utilities and the 2 parking space(except for internet and cable). This condo is freshly painted and has a lot of closet space. Since it is south facing, there is no shortage of natural light here. The building has a gym, a rooftop party room, a bike room and 2 elevators. Not only there are 5 washers and 5 dryers in the basement, each floor has its own laundry room and the one on the fifth floor is just next door to this unit. 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 Starbucks, a UPS store, a Seven Eleven, and multiple dining options. If you like driving your car, this unit comes with two parking passes and 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? This building is less than a mile from Arlington Loop and Heart of Arlington trails, and Capital Bike Share is just a block away. Unit 506 wont last too long.
All adult applicants must have at least a 700 credit score.

Last Agent to Rent the Property

Arash Azma

(703) 677-7348 aazma@archerpropertiesllc.com Compass Listed on: 07/31/2024

Compass

Last Renter's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,232

Year Built

  • Built in 1961

Home Design

  • Entry on the 5th floor
  • Brick Exterior Construction

Interior Spaces

  • 746 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Window Treatments
  • Combination Dining and Living Room
  • Storage Room

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,795
  • $400 Move-In Fee
  • Requires 1 Month of Rent Paid Up Front
  • Tenant pays for cable TV, insurance
  • Rent includes electricity, gas, water, parking
  • No Smoking Allowed
  • 12-Month Lease Term
  • Available 8/1/24
  • $39 Application Fee
  • Assessor Parcel Number 07-001-148

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include air conditioning, electricity, heat, management, snow removal, trash, water
  • Mid-Rise Condominium
  • Carlyn Place Condos
  • Carlyn Place Subdivision, Large 1 Bedroom Floorplan

Amenities

  • Common Area
  • Party Room
  • Laundry Facilities
  • Elevator

Recreation

  • Fitness Center

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,232

Year Built

Built in 1961

Lot Details

0

Rental Info

  • Date Available: 2024-08-01
  • Application Fee: 39.00
  • Months Rent Up Front: 1.0
  • Pets Allowed: No
  • Rent Includes: Electricity, Gas, Water, Parking
  • Security Deposit: 1795.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Cable Tv, Insurance
  • Vacation Rental: No
  • Max Lease in Months: 12
  • Min Lease in Months: 12
  • Move In Fee: 400.00
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Accessibility Features: Elevator
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1961
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Oven/Range - Electric, Range Hood, Refrigerator
  • Entry Floor: 5
  • Interior Amenities: Combination Dining/Living, Elevator, Window Treatments, Floor Plan - Open
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Kitchen, Bedroom 1, Storage Room
  • Basement: No
  • Laundry Type: Common
  • Total Sq Ft: 746
  • Living Area Sq Ft: 746
  • Price Per Sq Ft: 2.41
  • Above Grade Finished Sq Ft: 746
  • Above Grade Finished Area Units: Square Feet

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
  • Exterior Features: Sidewalks
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee Frequency: Unknown
  • Condo Co-Op Name: Carlyn Place
  • HOA Condo Co-Op Amenities: Elevator, Exercise Room, Party Room, Common Grounds
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Electricity, Heat, Management, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Units: Square Feet
  • Zoning: RA6-15

Tax Info

  • Assessor Parcel Number: 07-001-148

MLS Schools

  • School District Name: ARLINGTON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2024
Closed on
Jun 12, 2024
Sold by
Aspiotis Antoinette Mary
Bought by
Gulf West Properties Llc
Seller's Agent
Meyer Leibovitch
The Agency DC
Buyer's Agent
Arash Azma
Compass
List Price
$230,000
Sold Price
$210,000
Premium/Discount to List
-$20,000
-8.7%
Views
560
Current Estimated Value
$238,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,489
Avg. Annual Appreciation
9.66%
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
Gulf West Properties Llc $210,000 First American Title Insurance
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2024 08/31/24 Rented $1,795 0.0% --
07/31/2024 07/31/24 For Rent $1,795 0.0% --
06/14/2024 06/14/24 Sold $210,000 -8.7% $282 / Sq Ft View Prior Sale
06/02/2024 06/02/24 Pending -- -- --
05/29/2024 05/29/24 For Sale $230,000 -2.1% $308 / Sq Ft
04/24/2024 04/24/24 Price Changed $235,000 -4.1% $315 / Sq Ft
04/04/2024 04/04/24 For Sale $245,000 -- $328 / 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 $2,232 $216,100 $49,200 $166,900
2024 $2,407 $233,000 $49,200 $183,800
2023 $2,346 $227,800 $49,200 $178,600
2022 $2,261 $219,500 $49,200 $170,300
2021 $2,450 $237,900 $49,200 $188,700
2020 $2,223 $216,700 $26,100 $190,600
2019 $2,050 $199,800 $26,100 $173,700
2018 $2,010 $199,800 $26,100 $173,700
2017 $1,945 $193,300 $26,100 $167,200
2016 $1,869 $188,600 $26,100 $162,500
2015 $1,799 $180,600 $26,100 $154,500
2014 $1,956 $196,400 $26,100 $170,300
Source: Public Records

Agents Affiliated with this Home

  • Arash Azma

    Landlord's Agent in 2024

    Arash Azma

    Compass

    (703) 677-7348

    3 in this area

    50 Total Sales

    Arash Azma
    Section Image
  • Meyer Leibovitch

    Seller's Agent in 2024

    Meyer Leibovitch

    The Agency DC

    (301) 674-5227

    1 in this area

    105 Total Sales

    Meyer Leibovitch
    Section Image
  • Jennifer Chung

    Seller Co-Listing Agent in 2024

    Jennifer Chung

    The Agency DC

    (301) 651-8536

    1 in this area

    40 Total Sales

    Jennifer Chung
    Section Image
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Map

Source: Bright MLS

MLS Number: VAAR2046976

Bright MLS

APN: 07-001-148

Virginia Arlington County Arlington 22207 Waverly Hills

4390 Lorcom Ln Unit 506, Arlington, VA

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