NOT LISTED FOR SALE

5033 7th Rd S Unit 101 Arlington, VA 22204

Arlington Mill Neighborhood

Estimated Value: $331,000 - $380,000

2 Beds
1 Bath
1,068 Sq Ft
$464/mo HOA Fee

Last Sold September 29, 2015

Last sale price $240,000 $225 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,599/month

Highlights

  • Open Floorplan
  • Traditional Architecture
  • Central Heating and Cooling System
  • Washington Liberty High School Rated A+
  • Community Pool
  • 2-minute walk to Tyrol Hill Park

About This Home

As of September 2015

Seller is motivated! Make an offer on a new condo in an established community and great school pyramid! Be the first to use the gas range and the first person to use the tub/shower. Cooking and heating with gas which is included in the condo fee. Included with condo is parking, a pool and a park. Commuters can step outside to catch the Metro or ART bus.

Last Agent to Sell the Property

Gary Hughes

(703) 939-0668 gary@novaagent.com Century 21 Redwood Realty License #0225203214 Listed on: 02/02/2015

Century 21 Redwood Realty

Last Buyer's Agent

Mike Yusuf

(571) 774-2623 mikespaceyusuf@gmail.com Spring Hill Real Estate, LLC. License #0225073811

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,230

Year Built

  • Built in 1969

HOA Fees

  • $464 Monthly HOA Fees

Parking

  • Rented or Permit Required

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,068 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Dining Area

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Schools

  • Carlin Springs Elementary School
  • Kenmore Middle School
  • Washington-Liberty High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 22-001-684

Community Details

Overview

  • Association fees include gas, exterior building maintenance, pool(s), reserve funds, sewer, snow removal, trash, water, insurance, management, lawn maintenance
  • Low-Rise Condominium
  • Park Spring Community
  • Park Spring Subdivision
  • The community has rules related to alterations or architectural changes

Amenities

  • Common Area
  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,230

Year Built

Built in 1969

Lot Details

0

HOA Fees

$464 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2015-02-02
  • Year Built: 1969
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Dining Area, Floor Plan - Traditional, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1068
  • Living Area Sq Ft: 1068
  • Price Per Sq Ft: 233.99
  • Above Grade Finished Sq Ft: 1068
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Rented/Permit Required

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 464.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Laundry Facilities, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Gas, Ext Bldg Maint, Pool(s), Reserve Funds, Sewer, Snow Removal, Trash, Water, Insurance, Management, Lawn Maintenance
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA Condo Co-Op Rules: Alterations/Architectural Changes, Pets - Allowed
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School: CARLIN SPRINGS
  • High School: WASHINGTON-LIBERTY
  • Middle Or Junior School: KENMORE

Lot Info

  • Improvement Assessed Value: 188100.00
  • Land Assessed Value: 35800.00
  • Property Attached Yn: Yes
  • Zoning: RA8-18

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10651728
  • Tax Annual Amount: 2230.04
  • Assessor Parcel Number: 22-001-684
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

MLS Schools

  • School District Name: ARLINGTON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2015
Closed on
Sep 29, 2015
Sold by
Lorkotti Rei Llc
Bought by
Shah Farooq
Seller's Agent
Gary Hughes
Century 21 Redwood Realty
Buyer's Agent
Mike Yusuf
Spring Hill Real Estate, LLC.
List Price
$249,900
Sold Price
$240,000
Premium/Discount to List
-$9,900
-3.96%
Current Estimated Value
$351,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,266
Avg. Annual Appreciation
3.85%
Original Mortgage
$192,000
Outstanding Balance
$151,422
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$199,844

Purchase Details

Listed on
Oct 15, 2014
Closed on
Dec 12, 2014
Sold by
Willey Patricia M
Bought by
Larkotti Rei Llc
Seller's Agent
Gary Hughes
Century 21 Redwood Realty
Buyer's Agent
Gary Hughes
Century 21 Redwood Realty
List Price
$234,000
Sold Price
$167,000
Premium/Discount to List
-$67,000
-28.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
57.35%
Source: Public Records

Range of Values:

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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
Shah Farooq $240,000 None Available
Larkotti Rei Llc $167,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shah Farooq $192,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/29/2015 09/29/15 Sold $240,000 0.0% $225 / Sq Ft
08/28/2015 08/28/15 Pending -- -- --
08/25/2015 08/25/15 Off Market $240,000 -- --
07/31/2015 07/31/15 For Sale $249,900 0.0% $234 / Sq Ft
07/31/2015 07/31/15 Pending -- -- --
07/06/2015 07/06/15 For Sale $249,900 +4.1% $234 / Sq Ft
07/01/2015 07/01/15 Off Market $240,000 -- --
06/17/2015 06/17/15 Price Changed $249,900 -5.7% $234 / Sq Ft
06/03/2015 06/03/15 For Sale $264,900 +10.4% $248 / Sq Ft
06/01/2015 06/01/15 Off Market $240,000 -- --
04/27/2015 04/27/15 Price Changed $264,900 -3.7% $248 / Sq Ft
02/02/2015 02/02/15 For Sale $275,000 +64.7% $257 / Sq Ft
12/12/2014 12/12/14 Sold $167,000 -16.5% $163 / Sq Ft View Prior Sale
11/17/2014 11/17/14 Pending -- -- --
10/29/2014 10/29/14 Price Changed $199,900 -14.6% $195 / Sq Ft
10/15/2014 10/15/14 For Sale $234,000 -- $229 / 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 $3,442 $333,200 $78,800 $254,400
2024 $3,318 $321,200 $78,800 $242,400
2023 $2,987 $290,000 $78,800 $211,200
2022 $2,810 $272,800 $78,800 $194,000
2021 $2,699 $262,000 $78,800 $183,200
2020 $2,670 $260,200 $35,800 $224,400
2019 $2,463 $240,100 $35,800 $204,300
2018 $2,522 $250,700 $35,800 $214,900
2017 $2,346 $233,200 $35,800 $197,400
2016 $2,292 $231,300 $35,800 $195,500
2015 $2,230 $223,900 $35,800 $188,100
2014 $2,230 $223,900 $35,800 $188,100
Source: Public Records

Agents Affiliated with this Home

  • Gary Hughes

    Seller's Agent in 2015

    Gary Hughes

    Century 21 Redwood Realty

    (703) 939-0668

    59 Total Sales

    Gary Hughes
    Section Image

  • M

    Buyer's Agent in 2015

    Mike Yusuf

    Spring Hill Real Estate, LLC.

    Section Image
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Map

Source: Bright MLS

MLS Number: 1001597123

Bright MLS

APN: 22-001-684

Virginia Arlington County Arlington 22204 Arlington Mill

5033 7th Rd S Unit 101, Arlington, VA

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