NOT LISTED FOR SALE

Chatham Condominiums 4501 Arlington Blvd Unit 427 Arlington, VA 22203

Buckingham Neighborhood

Estimated Value: $216,000 - $426,000

-- Bed
1 Bath
533 Sq Ft
$420/mo HOA Fee

Last Sold June 15, 2021

Last sale price $199,000 $373 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,031/month

Highlights

  • Fitness Center
  • Contemporary Architecture
  • Community Pool
  • Washington Liberty High School Rated A+
  • Sauna
  • 4-minute walk to Henry Wright Park

About This Home

As of June 2021

Bright, bold, and brilliant describe this sun-filled unit in the ever-popular Chatham Condominium.   With light streaming in from a wall of windows, this spotless studio has just been updated with new floors, fresh paint, a new gas stove, dishwasher, fridge, and granite counters. Also close to two Metro stations, Ballston and VA Square. A spacious floor plan allows for separate living and sleeping areas and plenty of closet space.  The open kitchen with new granite counters and new self-cleaning gas cooking adds to the ease of living in the heart of Arlington. This is the perfect palette in an extraordinary building with 24-hour concierge/package reception, plus an onsite responsive management and maintenance team.  Building amenities include an outdoor pool, tennis courts, fitness room, sauna, billiards room, common laundry on each floor. A storage locker for this unit is located in the storage room right next door! The low condo fee includes everything: Water, Gas, Heat/Air, Electricity, Trash/recycling, Tennis Courts, Swimming Pool, Gym, Sauna, and common grounds. And this building is super pet-friendly. Parking and commuting is a breeze for you and your guests as there is ample, unassigned parking in the surface lot, plus garage parking for an additional fee (if available). The Chatham is located near Rte 50 (Arlington Blvd) and N. George Mason Dr, providing easy access to Ballston Quarter, VA Square, Clarendon, National Landing and HQ2, Pentagon City, Seven Corners, the Rosslyn-Clarendon corridor, and DC. Make this your new home today!

Last Agent to Sell the Property

Robert Jennings

(703) 998-0224 bobjennings4@gmail.com Compass Listed on: 04/09/2021

Compass

Co-Listed By

Randall S Lewis

(202) 904-6585 rslewis2002@gmail.com Northrop Realty License #593000

Last Buyer's Agent

Nena Ramirez

(703) 946-7789 nenaramirez1977@aol.com Metas Realty Group, LLC License #BR40000063

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,897

Year Built

  • Built in 1965

HOA Fees

  • $420 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Contemporary Architecture
  • Entry on the 4th floor
  • Brick Exterior Construction

Interior Spaces

  • 1 Full Bathroom
  • 533 Sq Ft Home
  • Property has 1 Level

Kitchen

  • Gas Oven or Range
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 20-026-129

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, laundry, management, reserve funds, trash, snow removal, air conditioning, electricity, gas, heat
  • Mid-Rise Condominium
  • The Chatham Condos, Phone Number (703) 522-7100
  • The Chatham Community
  • The Chatham Subdivision
  • Property Manager

Amenities

  • Billiard Room
  • Laundry Facilities

Recreation

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,897

Year Built

Built in 1965

Lot Details

0

HOA Fees

$420 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1965
  • Automatically Close On Close Date: No
  • Remarks Public: Bright, bold, and brilliant describe this sun-filled unit in the ever-popular Chatham Condominium.   With light streaming in from a wall of windows, this spotless studio has just been updated with new floors, fresh paint, a new gas stove, dishwasher, fridge, and granite counters. Also close to two Metro stations, Ballston and VA Square. A spacious floor plan allows for separate living and sleeping areas and plenty of closet space.  The open kitchen with new granite counters and new self-cleaning gas cooking adds to the ease of living in the heart of Arlington. This is the perfect palette in an extraordinary building with 24-hour concierge/package reception, plus an onsite responsive management and maintenance team.  Building amenities include an outdoor pool, tennis courts, fitness room, sauna, billiards room, common laundry on each floor. A storage locker for this unit is located in the storage room right next door! The low condo fee includes everything: Water, Gas, Heat/Air, Electricity, Trash/recycling, Tennis Courts, Swimming Pool, Gym, Sauna, and common grounds. And this building is super pet-friendly. Parking and commuting is a breeze for you and your guests as there is ample, unassigned parking in the surface lot, plus garage parking for an additional fee (if available). The Chatham is located near Rte 50 (Arlington Blvd) and N. George Mason Dr, providing easy access to Ballston Quarter, VA Square, Clarendon, National Landing and HQ2, Pentagon City, Seven Corners, the Rosslyn-Clarendon corridor, and DC. Make this your new home today!
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Refrigerator, Oven/Range - Gas, Stainless Steel Appliances
  • Entry Floor: 4
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Common
  • Total Sq Ft: 533
  • Living Area Sq Ft: 533
  • Price Per Sq Ft: 373.36
  • Above Grade Finished Sq Ft: 533
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4501

Beds/Baths

  • 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: Combination, Concrete, Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Natural Gas
  • Heating Type: Wall Unit
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 420.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: The Chatham
  • Condo Co-Op Phone: 7035227100
  • HOA Condo Co-Op Amenities: Elevator, Billiard Room, Exercise Room, Laundry Facilities, Pool - Outdoor, Sauna, Storage Bin, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Laundry, Management, Reserve Funds, Trash, Snow Removal, Air Conditioning, Electricity, Gas, Heat
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA: No
  • Senior Community: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 166200.00
  • Land Assessed Value: 18700.00
  • Land Use Code: 004
  • Year Assessed: 2020
  • Zoning: RA8-18
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 10637085
  • Tax Annual Amount: 1897.00
  • Assessor Parcel Number: 20-026-129
  • Tax Total Finished Sq Ft: 533
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 06/15/2021

MLS Schools

  • School District Name: ARLINGTON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2021
Closed on
May 27, 2021
Sold by
Michael C Sommer Revocable Trust
Bought by
Stapley Savannah Lynn
Seller's Agent
Robert Jennings
Compass
Buyer's Agent
Nena Ramirez
Metas Realty Group, LLC
List Price
$205,000
Sold Price
$199,000
Premium/Discount to List
-$6,000
-2.93%
Current Estimated Value
$271,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,357
Avg. Annual Appreciation
2.21%
Original Mortgage
$195,395
Outstanding Balance
$177,291
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$41,186

Purchase Details

Closed on
Aug 7, 2019
Sold by
Sommer Michael Cunningham
Bought by
Trt Sommer Michael C and Trt Michael C Sommer Revocable

Purchase Details

Closed on
Jan 30, 2014
Sold by
Krofchik Walter M
Bought by
Sommer Michael C

Purchase Details

Listed on
Mar 10, 2012
Closed on
May 2, 2012
Sold by
Tholt Mary Agnes
Bought by
Krofchik Walter M
Seller's Agent
Aaron McCutcheon
Samson Properties
Buyer's Agent
Grant Doe JR.
Long & Foster Real Estate, Inc.
List Price
$159,900
Sold Price
$154,000
Premium/Discount to List
-$5,900
-3.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.65%
Original Mortgage
$115,500
Interest Rate
4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Stapley Savannah Lynn $199,000 Americas Title
Trt Sommer Michael C -- None Available
Sommer Michael C $155,000 --
Krofchik Walter M $154,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stapley Savannah Lynn $195,395
Previous Owner Krofchik Walter M $115,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2021 06/15/21 Sold $199,000 0.0% $373 / Sq Ft
04/26/2021 04/26/21 Price Changed $199,000 +4.8% $373 / Sq Ft
04/26/2021 04/26/21 Price Changed $189,900 -4.6% $356 / Sq Ft
04/13/2021 04/13/21 Price Changed $199,000 -2.9% $373 / Sq Ft
04/09/2021 04/09/21 For Sale $205,000 +33.1% $385 / Sq Ft
05/09/2012 05/09/12 Sold $154,000 -3.7% $289 / Sq Ft
04/16/2012 04/16/12 Pending -- -- --
03/10/2012 03/10/12 For Sale $159,900 -- $300 / 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 $2,135 $206,700 $35,200 $171,500
2024 $2,038 $197,300 $35,200 $162,100
2023 $1,913 $185,700 $35,200 $150,500
2022 $1,913 $185,700 $35,200 $150,500
2021 $2,008 $195,000 $35,200 $159,800
2020 $1,897 $184,900 $18,700 $166,200
2019 $1,804 $175,800 $18,700 $157,100
2018 $1,769 $175,800 $18,700 $157,100
2017 $1,753 $174,300 $18,700 $155,600
2016 $1,766 $178,200 $18,700 $159,500
2015 $1,775 $178,200 $18,700 $159,500
2014 $1,760 $176,700 $18,700 $158,000
Source: Public Records

Agents Affiliated with this Home

  • Robert Jennings

    Seller's Agent in 2021

    Robert Jennings

    Compass

    (703) 998-0224

    2 in this area

    115 Total Sales

    Robert Jennings
    Section Image
  • Randall S Lewis

    Seller Co-Listing Agent in 2021

    Randall S Lewis

    Creig Northrop Team of Long & Foster

    (202) 904-6585

    1 in this area

    70 Total Sales

    Randall S Lewis
    Section Image
  • Nena Ramirez

    Buyer's Agent in 2021

    Nena Ramirez

    Metas Realty Group, LLC

    (703) 946-7789

    1 in this area

    142 Total Sales

    Nena Ramirez
    Section Image
  • Aaron McCutcheon

    Seller's Agent in 2012

    Aaron McCutcheon

    Samson Properties

    (703) 582-4919

    10 Total Sales

    Aaron McCutcheon
    Section Image
  • Grant Doe JR.

    Buyer's Agent in 2012

    Grant Doe JR.

    Long & Foster

    (571) 215-1816

    3 in this area

    61 Total Sales

    Grant Doe JR.
    Section Image
See All Agents

About Chatham Condominiums

Map

Source: Bright MLS

MLS Number: VAAR179244

Bright MLS

APN: 20-026-129

Virginia Arlington County Arlington 22203 Buckingham

4501 Arlington Blvd Unit 427, Arlington, VA

This home is located at 4501 Arlington Blvd Unit 427, Arlington, VA 22203 since 09 April 2021 and is currently estimated at $271,357, approximately $509 per square foot. This property was built in 1965. 4501 Arlington Blvd Unit 427 is a home located in Arlington County with nearby schools including Barrett Elementary School, Kenmore Middle School, and Washington Liberty High School.

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