NOT LISTED FOR SALE

503 S Wayne St Arlington, VA 22204

Penrose Neighborhood

Estimated Value: $590,968 - $675,000

2 Beds
1 Bath
1,395 Sq Ft
$451/Sq Ft Est. Value

Last Sold August 31, 2016

Last sale price $439,000 $315 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,789/month

Highlights

  • Colonial Architecture
  • Traditional Floor Plan
  • Attic
  • Thomas Jefferson Middle School Rated A-
  • Wood Flooring
  • 2-minute walk to Penrose Park

About This Home

As of April 2023

Charming South Arlington 3 level, 2BR, 1BA home*Updated interior with neutral light grey paint tones, crown & chair molding & hardwood floors throughout main level*Spacious living room is bright with lots of natural sunlight leading to formal dining area*Kitchen with ample white cabinetry & stainless steel appliances & tiled floors with patio door leading to out back*Expansive primary bedroom with updated full bathroom*Backyard features paver patio & fenced for privacy*Energy Efficient windows throughout**Great commuter location with bus access to metro stations & close proximities to D.C. & the Amazon center in Arlington & I-395*Near shops, entertainment & restaurants of Shirlington, Skyline & Columbia Pike*Arlington Schools!

Available 4.7.23*

Last Agent to Rent the Property

Jessica Stinnette

(703) 609-2323 jessicas@chamberstheory.com Chambers Theory, LLC License #0225087611 Listed on: 04/04/2023

Last Renter's Agent

Jessica Stinnette

(703) 609-2323 jessicas@chamberstheory.com Chambers Theory, LLC License #0225087611 Listed on: 04/04/2023

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 2,750 Sq Ft Lot
  • Property is zoned RA8-18

Parking

  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,395 Sq Ft Home
  • Property has 3 Levels
  • Traditional Floor Plan
  • Chair Railings
  • Crown Molding
  • Ceiling Fan
  • Double Pane Windows
  • Palladian Windows
  • Living Room
  • Dining Room
  • Wood Flooring
  • Storm Doors
  • Attic

Kitchen

  • Gas Oven or Range
  • Stove
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Enclosed Patio or Porch
  • Shed

Schools

  • Henry Elementary School
  • Jefferson Middle School
  • Wakefield High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Arlington Heights Subdivision
  • Property Manager

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,500
  • Tenant pays for fireplace/flue cleaning, frozen waterpipe damage, insurance, lawn/tree/shrub care, light bulbs/filters/fuses/alarm care
  • No Smoking Allowed
  • 12-Month Min and 24-Month Max Lease Term
  • Available 4/7/23
  • $60 Application Fee
  • Assessor Parcel Number 24-030-006

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Rental Info

  • Date Available: 2023-04-07
  • Application Fee: 60.00
  • Monthly Pet Rent: 25.00
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Security Deposit: 2500.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Fireplace/Flue Cleaning, Frozen Waterpipe Damage, Insurance, Lawn/Tree/Shrub Care, Light Bulbs/Filters/Fuses/Alarm Care
  • Vacation Rental: No
  • Property Manager: Yes
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Detached
  • Architectural Style: Colonial
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Year Built: 1940
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Washer, Refrigerator, Oven/Range - Gas, Stove
  • Interior Amenities: Dining Area, Floor Plan - Traditional, Wood Floors, Crown Moldings, Chair Railings, Upgraded Countertops, Ceiling Fan(s), Bathroom - Soaking Tub
  • Window Features: Double Pane, Palladian
  • Fireplace: No
  • Door Features: Storm
  • Foundation Details: Slab
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Bedroom 2, Kitchen, Bedroom 1, Attic
  • Basement: No
  • Total Sq Ft: 1395
  • Living Area Sq Ft: 1395
  • Price Per Sq Ft: 1.79
  • Above Grade Finished Sq Ft: 1395
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Brick
  • Roof: Composite
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

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
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: HENRY
  • High School: WAKEFIELD
  • Middle Or Junior School: JEFFERSON

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2750.00
  • Outdoor Living Structures: Patio(s), Enclosed
  • Zoning: RA8-18

Tax Info

  • Assessor Parcel Number: 24-030-006

MLS Schools

  • School District Name: ARLINGTON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2016
Closed on
Aug 30, 2016
Sold by
Poland Jayson and Poland Chantee
Bought by
Pryor Stefanie Elfriede and Pryor Stefanie Elisabeth
Seller's Agent
Jim McGarity
Long & Foster Real Estate, Inc.
Buyer's Agent
Casey O'Neal
Compass
Sold Price
$439,000
Current Estimated Value
$629,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,242
Avg. Annual Appreciation
3.91%
Original Mortgage
$351,200
Outstanding Balance
$280,705
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$348,537

Purchase Details

Closed on
Mar 17, 2006
Sold by
Tolosa Conrado
Bought by
Poland Jayson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,700
Interest Rate
5.8%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pryor Stefanie Elfriede $439,000 The Settlement Group Inc
Poland Jayson $383,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pryor Stefanie Elfriede $351,200
Previous Owner Poland Jayson $76,700
Previous Owner Poland Jayson $306,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/17/2023 04/17/23 Rented $2,500 0.0% --
04/04/2023 04/04/23 For Rent $2,500 0.0% --
08/31/2016 08/31/16 Sold $439,000 -- $408 / Sq Ft View Prior Sale
08/08/2016 08/08/16 Pending -- -- --
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 $5,990 $579,900 $485,000 $94,900
2024 $5,893 $570,500 $470,000 $100,500
2023 $5,755 $558,700 $460,000 $98,700
2022 $5,597 $543,400 $440,000 $103,400
2021 $5,226 $507,400 $404,000 $103,400
2020 $4,791 $467,000 $363,600 $103,400
2019 $4,290 $418,100 $313,100 $105,000
2018 $4,112 $408,700 $303,000 $105,700
2017 $3,785 $376,200 $277,800 $98,400
2016 $3,691 $372,500 $265,600 $106,900
2015 $3,551 $356,500 $254,500 $102,000
2014 $3,357 $337,000 $242,400 $94,600
Source: Public Records

Agents Affiliated with this Home

  • Jessica Stinnette

    Landlord's Agent in 2023

    Jessica Stinnette

    Chambers Theory, LLC

    (703) 609-2323

    Jessica Stinnette
    Section Image

  • J

    Seller's Agent in 2016

    Jim McGarity

    Long & Foster

  • Casey O'Neal

    Buyer's Agent in 2016

    Casey O'Neal

    Compass

    (703) 217-9090

    2 in this area

    176 Total Sales

    Casey O'Neal
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: VAAR2029062

Bright MLS

APN: 24-030-006

Virginia Arlington County Arlington 22204 Penrose

503 S Wayne St, Arlington, VA

Not Listed for Sale

Detached

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