NOT LISTED FOR SALE

4940 Little Falls Rd Arlington, VA 22207

Rock Spring Neighborhood

Estimated Value: $2,701,000 - $3,167,000

0.36 Acres
$8,107,819 Price per Acre
15,682 Sq Ft Lot

Last Sold January 31, 2022

Last sale price $1,000,000 $410 Per Sq Ft

Est. 192% increase in value since last sale

Current estimated payment $17,714/month

31 Days on Market

About This Lot

As of January 2022

Cherry Hill Custom Homes presents this incredible opportunity to build the home of your dreams on this 15,591 square foot lot in the coveted Rock Spring neighborhood of North Arlington. Choose from one of the builder's available house plans or work with the in-house architect and design team to build a home that is just right for you. The gently sloping topography is perfect for a walk-out and can easily accommodate a pool with yard to spare. Convenient to Chestnut Hills Park, Lee-Harrison Shopping Center, and Chesterbrook Shopping Center. Just blocks to Discovery ES/ Williamsburg MS/ Yorktown HS. Delivery Spring/Summer 2022. Photos are of other homes recently built by Cherry Hill Custom Homes. Call today to walk the lot or tour a finished product. List price is for the land only.

Last Agent to Sell the Property

Steven Watson

(703) 224-6000 steve@watsonhomesgroup.com KW Metro Center Listed on: 04/16/2021

KW Metro Center

Last Buyer's Agent

Marga Pirozzoli

(703) 266-7277 stephanie.white@compass.com Compass License #0225026663

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,797

Lot Details

  • 0.36 Acre Lot
  • Property is zoned R-10

Schools

  • Discovery Elementary School
  • Williamsburg Middle School
  • Yorktown High School

Community Details

  • No Home Owners Association
  • Rock Spring Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 02-021-003

Property Details

Property Type

Land

Est. Annual Taxes

$10,797

Lot Details

0.36 Acres

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • New Construction: No
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 67.35

Exterior Features

  • Construction Completed: No
  • 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
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: DISCOVERY
  • High School: YORKTOWN
  • Middle Or Junior School: WILLIAMSBURG

Lot Info

  • Additional Parcels: No
  • Improvement Assessed Value: 299000.00
  • Lot Size Acres: 0.36
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15591.00
  • Zoning: R-10
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10647624
  • Tax Annual Amount: 10797.00
  • Assessor Parcel Number: 02-021-003
  • Tax Lot: 1
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: ARLINGTON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2021
Closed on
Jan 31, 2022
Sold by
Deardorff Jillian I and Deardorff David A
Bought by
Ueland Eric M and Ueland Cathleen D
Seller's Agent
Steven Watson
KW Metro Center
Buyer's Agent
Marga Pirozzoli
Compass
List Price
$1,050,000
Sold Price
$1,000,000
Premium/Discount to List
-$50,000
-4.76%
Current Estimated Value
$2,918,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,918,815
Avg. Annual Appreciation
29.53%
Original Mortgage
$2,245,000
Outstanding Balance
$1,848,121
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$1,070,694
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
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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
Ueland Eric M $1,000,000 First American Title
Ueland Eric M $1,000,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ueland Eric M $2,245,000
Closed Ueland Eric M $2,245,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2022 01/31/22 Sold $1,000,000 -4.8% $410 / Sq Ft
05/17/2021 05/17/21 Pending -- -- --
04/16/2021 04/16/21 For Sale $1,050,000 -- $430 / Sq Ft
Source: Bright MLS

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 $28,323 $2,741,800 $959,100 $1,782,700
2024 $27,432 $2,655,600 $929,100 $1,726,500
2023 $18,540 $1,800,000 $889,100 $910,900
2022 $11,742 $1,140,000 $814,100 $325,900
2021 $10,797 $1,048,300 $749,300 $299,000
2020 $10,284 $1,002,300 $709,300 $293,000
2019 $10,023 $976,900 $683,900 $293,000
2018 $9,921 $986,200 $648,900 $337,300
2017 $9,996 $993,600 $656,300 $337,300
2016 $9,550 $963,700 $656,300 $307,400
2015 $9,938 $997,800 $656,300 $341,500
2014 $9,679 $971,800 $640,500 $331,300
Source: Public Records

Agents Affiliated with this Home

  • Steven Watson

    Seller's Agent in 2022

    Steven Watson

    KW Metro Center

    (703) 967-1588

    10 in this area

    104 Total Sales

    Steven Watson
    Section Image
  • Marga Pirozzoli

    Buyer's Agent in 2022

    Marga Pirozzoli

    Compass

    (703) 585-4844

    3 in this area

    99 Total Sales

    Marga Pirozzoli
    Section Image
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Map

Source: Bright MLS

MLS Number: VAAR179816

Bright MLS

APN: 02-021-003

Virginia Arlington County Arlington 22207 Rock Spring

4940 Little Falls Rd, Arlington, VA

Not Listed for Sale

Lots

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