NOT LISTED FOR SALE

The Broadway 502 W Broad St Unit 507 Falls Church, VA 22046

Estimated Value: $694,000 - $978,000

2 Beds
2.5 Baths
1,548 Sq Ft
$569/mo HOA Fee

Last Sold May 14, 2018

Last sale price $619,000 $400 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $6,245/month

33 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Open Floorplan
  • Mt. Daniel Elementary School Rated A-
  • City View
  • Contemporary Architecture

About This Home

As of May 2018

Welcome to this top floor Immaculate 2 bedrooms, 2.5 baths condo with SW view in the heart of Falls Church! Featuring spacious lay-out filled with natural light, fireplace, balcony, kitchen w/42" cabinets, granite counters, hardwood floor throughout, front loaded W/D, LED recessed lights, 2 Garage Spaces! Luxury Building with Front Desk, Club Room, Library & Fitness Center!

Last Agent to Sell the Property

Marco Stilli

TTR Sotheby's International Realty License #616140 Listed on: 04/02/2018

TTR Sotheby's International Realty

Co-Listed By

Natalia Simonova

TTR Sothebys International Realty License #0225198037

Last Buyer's Agent

Michael Roschke

TTR Sotheby's International Realty License #SP98376319

TTR Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,468

Year Built

  • Built in 2004

Lot Details

  • Southwest Facing Home
  • Property is in very good condition

HOA Fees

  • $569 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,548 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Recessed Lighting
  • 1 Fireplace
  • Screen For Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Window Treatments
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Den
  • City Views

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • Parking Space Number Location: 58,59
  • Basement Garage
  • 2 Assigned Parking Spaces

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed

Listing and Financial Details

  • Assessor Parcel Number 51-130-507

Community Details

Overview

  • Moving Fees Required
  • Association fees include custodial services maintenance, exterior building maintenance, lawn maintenance, management, insurance, reserve funds, sewer, trash, water
  • 90 Units
  • Mid-Rise Condominium
  • Broadway Condomi Community
  • Broadway Condominium Subdivision
  • The community has rules related to moving in times

Amenities

  • Concierge
  • Community Center

Recreation

Security

  • Front Desk in Lobby

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,468

Year Built

Built in 2004

Lot Details

0

HOA Fees

$569 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
  • Expected On Market: 2018-04-07
  • Year Built: 2004
  • Remarks Public: Welcome to this top floor Immaculate 2 bedrooms, 2.5 baths condo with SW view in the heart of Falls Church! Featuring spacious lay-out filled with natural light, fireplace, balcony, kitchen w/42" cabinets, granite counters, hardwood floor throughout, front loaded W/D, LED recessed lights, 2 Garage Spaces! Luxury Building with Front Desk, Club Room, Library & Fitness Center!
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Gas, Refrigerator, Washer
  • Interior Amenities: Breakfast Area, Dining Area, Upgraded Countertops, Window Treatments, Recessed Lighting, Floor Plan - Open
  • Window Features: Double Pane, Insulated
  • Fireplace Features: Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Den, Foyer
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1548
  • Living Area Sq Ft: 1548
  • Price Per Sq Ft: 400.52
  • Above Grade Finished Sq Ft: 1548
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 502

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Parking Space Number Assigned: 58,59
  • Garage Features: Basement Garage

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
  • Security: Desk In Lobby
  • 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: 569.32
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Community Center, Concierge, Exercise Room
  • HOA Condo Co-Op Fee Includes: Custodial Services Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Insurance, Reserve Funds, Sewer, Trash, Water
  • HOA Condo Co-Op Rules: Moving In Times, Elevator Use, Moving Fees Required
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Improvement Assessed Value: 477500.00
  • Land Assessed Value: 159200.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Soil Types: Unknown
  • Year Assessed: 2017
  • Zoning: B-1
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16611230
  • Tax Annual Amount: 8468.11
  • Assessor Parcel Number: 51-130-507
  • Tax Total Finished Sq Ft: 1548
  • Tax Year: 2017
  • Close Date: 05/14/2018

Multi Family

  • Metering: Electric Separate

MLS Schools

  • School District Name: FALLS CHURCH CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2018
Closed on
May 9, 2018
Sold by
Aramonte Sirio and Passarani Viviane
Bought by
Stern Arthur N and Kelly Jean A
Seller's Agent
Marco Stilli
TTR Sotheby's International Realty
Buyer's Agent
Michael Roschke
TTR Sotheby's International Realty
List Price
$685,000
Sold Price
$619,000
Premium/Discount to List
-$66,000
-9.64%
Total Days on Market
33
Current Estimated Value
$871,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,507
Avg. Annual Appreciation
5.34%

Purchase Details

Listed on
May 7, 2012
Closed on
Jul 27, 2012
Sold by
Shields Correll Kathleen and Correll Kenneth Paul
Bought by
Aramonte Sirio and Passarani Viviane
Seller's Agent
Chuck Schauss
Weichert, REALTORS
Buyer's Agent
Kai Zhang
Harbor Realty & Investments LLC
List Price
$575,000
Sold Price
$515,000
Premium/Discount to List
-$60,000
-10.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.22%
Original Mortgage
$386,250
Interest Rate
3.74%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Stern Arthur N $619,000 Commonwealth Land Title
Aramonte Sirio $515,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aramonte Sirio $386,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2018 05/14/18 Sold $619,000 -0.2% $400 / Sq Ft
05/06/2018 05/06/18 Pending -- -- --
05/03/2018 05/03/18 Price Changed $620,000 -4.5% $401 / Sq Ft
04/14/2018 04/14/18 Price Changed $649,000 -5.3% $419 / Sq Ft
04/02/2018 04/02/18 For Sale $685,000 +33.0% $443 / Sq Ft
07/27/2012 07/27/12 Sold $515,000 -10.4% $333 / Sq Ft
06/21/2012 06/21/12 Pending -- -- --
05/07/2012 05/07/12 For Sale $575,000 -- $371 / 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
2024 $9,572 $778,200 $208,000 $570,200
2023 $8,568 $696,600 $180,800 $515,800
2022 $8,684 $705,000 $180,800 $524,200
2021 $8,740 $657,900 $174,000 $483,900
2020 $8,970 $657,900 $174,000 $483,900
2019 $9,046 $682,100 $170,600 $511,500
2018 $8,485 $655,800 $164,000 $491,800
2017 $8,475 $636,700 $159,200 $477,500
2016 $4,014 $636,700 $159,200 $477,500
2015 $8,028 $606,400 $151,600 $454,800
2014 $7,583 $577,500 $144,400 $433,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000319272

Bright MLS

APN: 51-130-507