NOT LISTED FOR SALE

The Broadway 502 W Broad St Unit 506 Falls Church, VA 22046

Estimated Value: $1,330,000 - $1,529,000

3 Beds
3.5 Baths
2,693 Sq Ft
$917/mo HOA Fee

Last Sold June 28, 2018

Last sale price $1,090,000 $405 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $9,775/month

6 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Open Floorplan
  • Mt. Daniel Elementary School Rated A-
  • Eat-In Gourmet Kitchen
  • Clubhouse

About This Home

As of June 2018

Rare opportunity in City of Falls Church. Comfortably elegant sunny penthouse, about 2700 SF, open floor plan w/ 10' ceiling. Dramatic wall of windows & cozy fireplace. Great room, MST BR & 2nd BR open onto 60'+ of balcony. Gourmet kitchen, stainless appliances, granite counters. Expansive MST BR w/ 3 walk-in closets & luxury BA. Spacious additional bedrooms w/ en suite baths. Walk Score of 91.

Last Agent to Sell the Property

Ramona Schneider

Weichert, REALTORS License #0225146851 Listed on: 05/14/2018

Weichert, REALTORS

Last Buyer's Agent

Kathy Bateman

Weichert, REALTORS

Weichert, REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,759

Year Built

  • Built in 2004

HOA Fees

  • $917 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,693 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • 1 Fireplace
  • Window Treatments
  • Great Room
  • Sitting Room
  • Dining Room
  • Wood Flooring

Kitchen

  • Eat-In Gourmet Kitchen
  • Gas Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Subterranean Parking
  • Parking Space Number Location: 49/50
  • Garage Door Opener
  • Parking Space Conveys

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • 60 Gallon+ Electric Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 51-130-506

Community Details

Overview

  • Moving Fees Required
  • Association fees include exterior building maintenance, management, insurance, reserve funds, snow removal, trash, recreation facility, water
  • Mid-Rise Condominium
  • Broadway Condomi Community
  • Broadway Condominium Subdivision
  • The community has rules related to moving in times

Amenities

  • Concierge
  • Picnic Area
  • Billiard Room
  • Community Center
  • Meeting Room
  • Party Room
  • Community Library
  • Elevator

Recreation

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Front Desk in Lobby

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,759

Year Built

Built in 2004

Lot Details

0

HOA Fees

$917 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
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2018-05-15
  • Year Built: 2004
  • Remarks Public: Rare opportunity in City of Falls Church. Comfortably elegant sunny penthouse, about 2700 SF, open floor plan w/ 10' ceiling. Dramatic wall of windows & cozy fireplace. Great room, MST BR & 2nd BR open onto 60'+ of balcony. Gourmet kitchen, stainless appliances, granite counters. Expansive MST BR w/ 3 walk-in closets & luxury BA. Spacious additional bedrooms w/ en suite baths. Walk Score of 91.
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Microwave, Oven/Range - Gas, Refrigerator, Washer
  • Interior Amenities: Kitchen - Gourmet, Kitchen - Table Space, Dining Area, Upgraded Countertops, Elevator, Primary Bath(s), Window Treatments, Wood Floors, Floor Plan - Open
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings
  • Entry Location: Penthouse
  • Levels Count: 1
  • Room List: Dining Room, Primary Bedroom, Sitting Room, Bedroom 3, Kitchen, Great Room, Laundry, Bedroom 6
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2693
  • Living Area Sq Ft: 2693
  • Price Per Sq Ft: 427.03
  • Above Grade Finished Sq Ft: 2693
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 502

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above 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
  • Parking Features: Garage, Parking Space Conveys
  • Parking Space Number Assigned: 49/50
  • Garage Features: Garage Door Opener, Underground

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central, Forced Air
  • Heating: Yes
  • Hot Water: Electric, 60+ Gallon Tank
  • Security: Desk In Lobby, Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 917.03
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Billiard Room, Club House, Concierge, Community Center, Elevator, Exercise Room, Fitness Center, Party Room, Library, Picnic Area, Meeting Room, Security
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Management, Insurance, Reserve Funds, Snow Removal, Trash, Recreation Facility, Water
  • HOA Condo Co-Op Rules: Elevator Use, Moving Fees Required, Moving In Times, Pets - Not Allowed, Pets - Allowed
  • HOA: No
  • Senior Community: No

Schools

  • School District: FALLS CHURCH CITY PUBLIC SCHOOLS
  • School District Key: 121138397149

Lot Info

  • Improvement Assessed Value: 741100.00
  • Land Assessed Value: 247000.00
  • Year Assessed: 2018
  • Zoning: B-1
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16611229
  • Tax Annual Amount: 12758.69
  • Assessor Parcel Number: 51-130-506
  • Tax Total Finished Sq Ft: 2693
  • Tax Year: 2017
  • Close Date: 06/28/2018

MLS Schools

  • School District Name: FALLS CHURCH CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2018
Closed on
Jun 28, 2018
Sold by
Davis Allen R and Davis Aileen A
Bought by
Vanderbilt Ray Walter and Vanderbilt Barbara Ann
Seller's Agent
Ramona Schneider
Weichert, REALTORS
Buyer's Agent
Kathy Bateman
Weichert, REALTORS
List Price
$1,150,000
Sold Price
$1,090,000
Premium/Discount to List
-$60,000
-5.22%
Current Estimated Value
$1,395,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,998
Avg. Annual Appreciation
3.61%
Original Mortgage
$679,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 3, 2013
Closed on
Mar 14, 2014
Sold by
Carlucci Frank C
Bought by
Davis Allen Robert
Seller's Agent
Susan Koehler
Washington Fine Properties, LLC
Buyer's Agent
Ramona Schneider
Weichert, REALTORS
List Price
$875,000
Sold Price
$865,000
Premium/Discount to List
-$10,000
-1.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.54%
Original Mortgage
$417,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2010
Sold by
Hassan Henry M
Bought by
Han Michael S
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
Vanderbilt Ray Walter $1,090,000 Commonwealth Land Title
Davis Allen Robert $865,000 --
Han Michael S $770,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vanderbilt Ray Walter $475,000
Closed Vanderbilt Ray Walter $679,000
Previous Owner Davis Allen Robert $300,000
Previous Owner Davis Allen Robert $417,000
Previous Owner Davis Allen Robert $417,000
Previous Owner Hassan Henry $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2018 06/28/18 Sold $1,090,000 -5.2% $405 / Sq Ft
05/21/2018 05/21/18 Pending -- -- --
05/14/2018 05/14/18 For Sale $1,150,000 +32.9% $427 / Sq Ft
03/14/2014 03/14/14 Sold $865,000 -1.1% $321 / Sq Ft
12/28/2013 12/28/13 Pending -- -- --
12/03/2013 12/03/13 For Sale $875,000 -- $325 / 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 $14,567 $1,312,800 $210,000 $1,102,800
2024 $14,567 $1,184,300 $210,000 $974,300
2023 $13,144 $1,068,600 $182,600 $886,000
2022 $13,835 $1,097,500 $182,600 $914,900
2021 $13,929 $1,048,100 $262,000 $786,100
2020 $14,294 $1,048,100 $262,000 $786,100
2019 $14,016 $1,027,600 $256,900 $770,700
2018 $12,792 $988,100 $247,000 $741,100
2017 $12,779 $959,300 $239,800 $719,500
2016 $6,052 $959,300 $239,800 $719,500
2015 $12,104 $913,600 $228,400 $685,200
2014 $11,439 $870,100 $217,500 $652,600
Source: Public Records

Agents Affiliated with this Home

  • Ramona Schneider

    Seller's Agent in 2018

    Ramona Schneider

    Weichert Corporate

    (703) 405-1921

    15 Total Sales

    Section Image
  • Kathy Bateman

    Buyer's Agent in 2018

    Kathy Bateman

    Weichert Corporate

    (434) 242-6675

    5 Total Sales

    Section Image

  • S

    Seller's Agent in 2014

    Susan Koehler

    Washington Fine Properties

    Section Image
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About The Broadway

Map

Source: Bright MLS

MLS Number: 1000476702

Bright MLS

APN: 51-130-506

Virginia Falls Church County Falls Church 22046

502 W Broad St Unit 506, Falls Church, VA

This home is located at 502 W Broad St Unit 506, Falls Church, VA 22046 since 14 May 2018 and is currently estimated at $1,403,468, approximately $521 per square foot. This property was built in 2004. 502 W Broad St Unit 506 is a home located in Falls Church City with nearby schools including Mt. Daniel Elementary School, Oak Street Elementary School, and Mary Ellen Henderson Middle School.

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