The Broadway 502 W Broad St Unit 511 Falls Church, VA 22046
Estimated Value: $1,244,000 - $1,362,000
2
Beds
2.5
Baths
2,415
Sq Ft
$1,238/mo
HOA Fee
Highlights
- Fitness Center
- Contemporary Architecture
- Community Center
- Mt. Daniel Elementary School Rated A-
- Water Fountains
- Forced Air Heating and Cooling System
About This Home
As of September 2024Luxury penthouse unit featuring 2400+ sq ft with high ceilings and an abundance of natural light in the sought after Broadway Condominium in the heart of Falls Church City. The Broadway features on-site management, a party room , an elegant library, a beautiful central courtyard, and a fitness center. In Unit 511, a welcoming foyer opens up to the formal dining room and a spacious living room with an electric fireplace. Down the hall, find the grand chef's delight kitchen with upgraded stainless steel appliances. Amply sized laundry room with newer washer and dyer and cabinets galore. Relax and watch the evening news in the cozy den! This unit also features two primary suites with fitted walk-in closets and en-suite bathrooms, with both having access to the amazing balcony overlooking the courtyard. With two assigned parking spaces (10,11) and THREE storage units (one on the 5th floor, two in the parking garage) you have everything you need to make yourself at home in the Broadway.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $12,681
Year Built
- Built in 2004
HOA Fees
- $1,238 Monthly HOA Fees
Parking
- 2 Assigned Parking Garage Spaces
- Assigned parking located at #10, 11
- Basement Garage
Home Design
- Contemporary Architecture
- Brick Exterior Construction
Interior Spaces
- 2,415 Sq Ft Home
- Electric Fireplace
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
Laundry
- Laundry in unit
- Washer and Dryer Hookup
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
- Phone Available
- Cable TV Available
Additional Features
- Accessible Elevator Installed
- Water Fountains
Listing and Financial Details
- Assessor Parcel Number 51-130-511
Community Details
Overview
- Association fees include custodial services maintenance, exterior building maintenance, insurance, lawn maintenance, management, reserve funds, sewer, trash, water
- Mid-Rise Condominium
- The Broadway Condos
- Broadway Condominium Subdivision
- Property Manager
- Property has 5 Levels
Amenities
- Community Center
- Meeting Room
- Party Room
- Community Library
Recreation
Pet Policy
- Pets Allowed
- Pet Size Limit
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 1, 2024
Closed on
Sep 4, 2024
Sold by
Joseph Eleanor A and Joseph-Cripps Eleanor A
Bought by
Spevacek David and Spevacek Noel
Seller's Agent
Patricia Derwinski
Weichert, REALTORS
Buyer's Agent
Alison Miller
KW United
List Price
$1,250,000
Sold Price
$1,280,000
Premium/Discount to List
$30,000
2.4%
Total Days on Market
2
Views
16
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,134
Avg. Annual Appreciation
0.76%
Purchase Details
Closed on
Jul 30, 2004
Sold by
Waterfard Falls Church Ll
Bought by
Joseph Eleanor
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.33%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Falls Church, VA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Spevacek David | $1,280,000 | First American Title Insurance | |
| Joseph Eleanor | $785,514 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Cripps Eleanor A | $270,000 | |
| Previous Owner | Joseph Eleanor | $250,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/04/2024 09/04/24 | Sold | $1,280,000 | +2.4% | $530 / Sq Ft |
| 08/03/2024 08/03/24 | Pending | -- | -- | -- |
| 08/01/2024 08/01/24 | For Sale | $1,250,000 | -- | $518 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $13,216 | $1,074,500 | $210,000 | $864,500 |
| 2023 | $11,906 | $968,000 | $182,600 | $785,400 |
| 2022 | $12,815 | $960,700 | $182,600 | $778,100 |
| 2021 | $12,908 | $970,800 | $243,000 | $727,800 |
| 2020 | $13,246 | $970,800 | $243,000 | $727,800 |
| 2019 | $12,987 | $951,700 | $238,200 | $713,500 |
| 2018 | $11,854 | $915,100 | $229,000 | $686,100 |
| 2017 | $5,954 | $888,400 | $222,300 | $666,100 |
| 2016 | $5,608 | $888,400 | $222,300 | $666,100 |
| 2015 | $11,216 | $846,100 | $211,700 | $634,400 |
| 2014 | $10,595 | $805,800 | $201,600 | $604,200 |
Source: Public Records
Agents Affiliated with this Home
-
Patricia Derwinski
Seller's Agent in 2024
Patricia Derwinski
Weichert Corporate
(703) 615-0116
2 in this area
37 Total Sales
-
Mike Quattrocki
M
Seller Co-Listing Agent in 2024
Mike Quattrocki
Weichert Corporate
(703) 336-3660
2 in this area
11 Total Sales
-
Alison Miller
Buyer's Agent in 2024
Alison Miller
KW United
(703) 298-9495
12 in this area
44 Total Sales
About The Broadway
Map
Source: Bright MLS
MLS Number: VAFA2002444
APN: 51-130-511
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