NOT LISTED FOR SALE

5040 7th Rd S Unit 101 Arlington, VA 22204

Arlington Mill Neighborhood

Estimated Value: $324,788 - $350,000

2 Beds
1 Bath
1,023 Sq Ft
$450/mo HOA Fee

Last Sold January 30, 2015

Last sale price $241,000 $236 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,601/month

140 Days on Market

Highlights

  • Open Floorplan
  • Traditional Architecture
  • Upgraded Countertops
  • Washington Liberty High School Rated A+
  • Main Floor Bedroom
  • 1-minute walk to Tyrol Hill Park

About This Home

As of January 2015

HUGE PRICE REDUC! VACANT*NEW FURNCE*NEAR PRKS. FRESHLY PAINTED*NEW CRPT THROUGHOUT. REGLAZED TUB. NEW PANEL DRS. STN STL APPLS. NWER DBLE PANE WNDWS. OPEN LIVING SPACE. ELECT IS ONLY UTILITY. GAS, WTR, SWR INCLUDED IN CNDO FEE. RELAX ON YOUR PRVT BALCONY AMONG THE TREES, OVERLKING THE POOL. LRGE BDRMS W/GOOD CLOSET SPACE. CONVENIENTLY LOCATED CLSE TO SCHLS, SHOPS, TRANS & WO&D TRAIL. FHA APPRVED.

Last Agent to Sell the Property

Edward Pagett

Coldwell Banker Realty License #0225037463 Listed on: 08/15/2014

Coldwell Banker Realty

Last Buyer's Agent

Laura Mc Clanahan

RE/MAX Allegiance License #0225128379

RE/MAX Allegiance

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,230

Year Built

  • Built in 1969

Lot Details

  • 5

HOA Fees

  • $450 Monthly HOA Fees

Parking

  • Unassigned Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,023 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Chair Railings
  • Crown Molding
  • Double Pane Windows
  • Window Treatments
  • Window Screens
  • Sliding Doors
  • Six Panel Doors
  • Living Room
  • Dining Room
  • Storage Room

Kitchen

  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Laundry

  • Front Loading Dryer
  • Front Loading Washer

Utilities

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

Additional Features

  • Balcony
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 22-001-591

Community Details

Overview

  • Association fees include exterior building maintenance, gas, lawn maintenance, management, insurance, reserve funds, pool(s), road maintenance, snow removal, sewer, water, trash
  • Low-Rise Condominium
  • Park Spring Community
  • Park Spring Subdivision
  • The community has rules related to recreational equipment, alterations or architectural changes, antenna installations, no recreational vehicles, boats or trailers

Amenities

  • Common Area
  • Laundry Facilities

Recreation

  • Community Playground
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,230

Year Built

Built in 1969

Lot Details

0

HOA Fees

$450 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
  • Year Built: 1969
  • Remarks Public: HUGE PRICE REDUC! VACANT*NEW FURNCE*NEAR PRKS. FRESHLY PAINTED*NEW CRPT THROUGHOUT. REGLAZED TUB. NEW PANEL DRS. STN STL APPLS. NWER DBLE PANE WNDWS. OPEN LIVING SPACE. ELECT IS ONLY UTILITY. GAS, WTR, SWR INCLUDED IN CNDO FEE. RELAX ON YOUR PRVT BALCONY AMONG THE TREES, OVERLKING THE POOL. LRGE BDRMS W/GOOD CLOSET SPACE. CONVENIENTLY LOCATED CLSE TO SCHLS, SHOPS, TRANS & WO&D TRAIL. FHA APPRVED.
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Disposal, Dryer - Front Loading, Dishwasher, Icemaker, Stove, Washer - Front Loading, Refrigerator, Microwave
  • Interior Amenities: Combination Kitchen/Dining, Combination Dining/Living, Chair Railings, Crown Moldings, Entry Level Bedroom, Window Treatments, Upgraded Countertops, Floor Plan - Traditional
  • Window Features: Double Pane, Screens
  • Fireplace: No
  • Door Features: Sliding Glass, Six Panel
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Storage Room
  • Basement: No
  • Laundry Type: Common
  • Living Area Units: Square Feet
  • Total Sq Ft: 1023
  • Living Area Sq Ft: 1023
  • Price Per Sq Ft: 241.94
  • Above Grade Finished Sq Ft: 1023
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5040

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: General Common Elements, Unassigned

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • 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: Yes
  • Condo Co-Op Fee: 450.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Laundry Facilities, Common Grounds, Security, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Gas, Lawn Maintenance, Management, Insurance, Reserve Funds, Pool(s), Road Maintenance, Snow Removal, Sewer, Water, Trash
  • HOA Condo Co-Op Rules: Alterations/Architectural Changes, Antenna, Pets - Allowed, Rec Equip, Rv/Boat/Trail
  • HOA: No
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 188100.00
  • Land Assessed Value: 35800.00
  • Outdoor Living Structures: Balcony
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Year Assessed: 2014
  • Zoning: RA8-18

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10650972
  • Tax Annual Amount: 2230.04
  • Assessor Parcel Number: 22-001-591
  • Tax Total Finished Sq Ft: 1023
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 01/30/2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2014
Closed on
Jan 30, 2015
Sold by
Small Jason A
Bought by
5040 7Th Road Property Llc
Seller's Agent
Edward Pagett
Coldwell Banker Realty
Buyer's Agent
Laura Mc Clanahan
RE/MAX Allegiance
List Price
$255,000
Sold Price
$241,000
Premium/Discount to List
-$14,000
-5.49%
Current Estimated Value
$340,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,535
Avg. Annual Appreciation
3.30%

Purchase Details

Closed on
Oct 6, 2003
Sold by
Torres Gladys
Bought by
Rocha Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2001
Sold by
Pruitt Eliabeth
Bought by
Torres Gladys

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,450
Interest Rate
6.67%
Source: Public Records

Range of Values:

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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
5040 7Th Road Property Llc $241,000 --
Rocha Juan $170,000 --
Torres Gladys $91,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Small Jason A $197,471
Previous Owner Rocha Juan $170,000
Previous Owner Torres Gladys $86,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2015 01/30/15 Sold $241,000 -2.6% $236 / Sq Ft
01/02/2015 01/02/15 Pending -- -- --
09/24/2014 09/24/14 Price Changed $247,500 -2.9% $242 / Sq Ft
08/15/2014 08/15/14 For Sale $255,000 -- $249 / 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

  • Edward Pagett

    Seller's Agent in 2015

    Edward Pagett

    Coldwell Banker (NRT-Southeast-MidAtlantic)

    (571) 237-4753

    17 Total Sales

    Section Image

  • L

    Buyer's Agent in 2015

    Laura Mc Clanahan

    RE/MAX

    (703) 932-3598

    8 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: 1001592671

Bright MLS

APN: 22-001-591

Virginia Arlington County Arlington 22204 Arlington Mill

5040 7th Rd S Unit 101, Arlington, VA

This home is located at 5040 7th Rd S Unit 101, Arlington, VA 22204 since 15 August 2014 and is currently estimated at $339,447, approximately $331 per square foot. This property was built in 1969. 5040 7th Rd S Unit 101 is a home located in Arlington County with nearby schools including Carlin Springs Elementary School, Kenmore Middle School, and Washington Liberty High School.

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