NOT LISTED FOR SALE

505 S Wayne St Arlington, VA 22204

Penrose Neighborhood

Estimated Value: $617,812

2 Beds
1 Bath
956 Sq Ft
$646/Sq Ft Est. Value

Highlights

  • Colonial Architecture
  • No HOA
  • Living Room
  • Thomas Jefferson Middle School Rated A-
  • Galley Kitchen
  • 2-minute walk to Penrose Park

About This Home

Cozy home in heart of Penrose. Freshly painted throughout and ready to move in. Spacious living and dining rooms. efficient kitchen leading to beautifully landscaped back yard. Pergo on first floor and hardwood on second floor. Bonus attic room. Welcoming front porch. Just a few steps to Penrose Park. Offers will be reviewed Mon. 6/11 after 6 pm. Call in advance of showing - small child at home.

Last Agent to Sell the Property

Ted Kramer

(703) 847-9111 ted@tedkramer.com Chase Realty Listed on: 06/06/2012

Last Buyer's Agent

Jay Varghese

(703) 883-3788 homesbyjay@gmail.com Evergreen Properties

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,314

Year Built

  • Built in 1940

Lot Details

  • 2,750 Sq Ft Lot
  • Property is in very good condition
  • Property is zoned RA8-18

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Living Room
  • Dining Room

Kitchen

  • Galley Kitchen
  • Gas Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • On-Street Parking
  • Off-Street Parking

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 109
  • Assessor Parcel Number 24-030-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,314

Year Built

Built in 1940

Lot Details

2,750 Sq Ft Lot

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Oven/Range - Gas, Refrigerator, Washer
  • Interior Amenities: Kitchen - Galley, Dining Area
  • Fireplace: No
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Bedroom 2, Kitchen, Bedroom 1
  • Basement: No
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • 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, On Street

Utilities

  • Refuse: 344.24
  • 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: No
  • HOA: No

Lot Info

  • Improvement Assessed Value: 67600.00
  • Land Assessed Value: 242400.00
  • Lot Size Acres: 0.06
  • Lot Size Area: 2750
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2750.00
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Zoning: RA8-18

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10669825
  • Tax Annual Amount: 3314.04
  • Assessor Parcel Number: 24-030-005
  • Tax Lot: 109
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2012
Closed on
Jun 20, 2012
Sold by
Barker Jonathan and Barker Jessica
Bought by
Seller's Agent
Ted Kramer
Chase Realty
Buyer's Agent
Jay Varghese
Evergreen Properties
List Price
$379,900
Sold Price
$388,360
Premium/Discount to List
$8,460
2.23%
Current Estimated Value
$617,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,452
Avg. Annual Appreciation
3.33%
Original Mortgage
$368,942
Outstanding Balance
$244,851
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$372,961

Purchase Details

Closed on
Feb 23, 2007
Sold by
Sommers Anne
Bought by
Barker Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,000
Interest Rate
6.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2004
Sold by
Gambill Christopher
Bought by
Sommers Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,600
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2003
Sold by
Bozarth Nathan
Bought by
Gambill Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,724
Interest Rate
5.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2002
Sold by
Stephenson Beverly
Bought by
Bozarth Nathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,055
Interest Rate
6.9%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Penrose, VA

  • CallCathy Poungmalai Real Estate Agent - EXP Realty, LLC

    CallCathy Poungmalai

    EXP Realty, LLC

    (202) 410-2690

    172 Total Sales

    1 in Penrose

    $1,217,000 Price

    CallCathy Poungmalai
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  • Samantha Haberlach Real Estate Agent - Century 21 Redwood Realty

    Samantha Haberlach

    Responds Quickly

    Century 21 Redwood Realty

    (571) 749-2080

    62 Total Sales

    1 in Penrose

    $440,000 Price

    Samantha Haberlach
     Section Image
  • Christine Richardson Real Estate Agent - Weichert Company of Virginia

    Christine Richardson

    Weichert Company of Virginia

    (855) 782-6862

    172 Total Sales

    1 in Penrose

    $550,000 Price

    Christine Richardson
     Section Image
  • Carolyn Thompson Real Estate Agent - REAL ESTATE SEARCH AND SALE LLC

    Carolyn Thompson

    REAL ESTATE SEARCH AND SALE LLC

    (301) 215-3353

    39 Total Sales

    1 in Penrose

    $975,000 Price

    Carolyn Thompson
     Section Image
  • Mr. Eric Stewart Real Estate Agent - Long & Foster Real Estate, Inc.

    Mr. Eric Stewart

    Long & Foster Real Estate, Inc.

    (240) 702-1551

    381 Total Sales

    1 in Penrose

    $660,000 Price

    Mr. Eric Stewart
     Section Image
  • Yolanda Burgess Real Estate Agent - Platinum Partners Realty

    Yolanda Burgess

    Platinum Partners Realty

    (240) 213-4794

    47 Total Sales

    1 in Penrose

    $881,000 Price

    Yolanda Burgess
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$338,360 --
Barker Jonathan $397,500 --
Sommers Anne $323,500 --
Gambill Christopher $239,900 --
Bozarth Nathan $162,740 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $368,942
Previous Owner Barker Jonathan A $321,500
Previous Owner Barker Jonathan $318,000
Previous Owner Sommers Anne H $50,000
Previous Owner Sommers Anne $257,600
Previous Owner Gambill Christopher $221,724
Previous Owner Bozarth Nathan $122,055
Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $6,102 $579,500 $490,000 $89,500
2025 $5,922 $573,300 $485,000 $88,300
2024 $5,819 $563,300 $470,000 $93,300
2023 $5,681 $551,600 $460,000 $91,600
2022 $5,596 $543,300 $440,000 $103,300
2021 $5,225 $507,300 $404,000 $103,300
2020 $4,790 $466,900 $363,600 $103,300
2019 $4,289 $418,000 $313,100 $104,900
2018 $4,191 $416,600 $303,000 $113,600
2017 $3,858 $383,500 $277,800 $105,700
2016 $3,780 $381,400 $265,600 $115,800
2015 $3,636 $365,100 $254,500 $110,600
2014 $3,415 $342,900 $242,400 $100,500
Source: Public Records

Agents Affiliated with this Home

  • TK

    Seller's Agent in 2012

    Ted Kramer

    Chase Realty

    Section Image

  • JV

    Buyer's Agent in 2012

    Jay Varghese

    Evergreen Properties

    (703) 883-3788

    Jay Varghese
    Section Image
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Map

Source: Bright MLS

MLS Number: 1001571515

Bright MLS

APN: 24-030-005

Virginia Arlington County Arlington 22204 Penrose

505 S Wayne St, Arlington, VA

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