5051 7th Rd S Unit 202 Arlington, VA 22204
Arlington Mill NeighborhoodEstimated Value: $351,000 - $376,000
2
Beds
1.5
Baths
1,063
Sq Ft
$342/Sq Ft
Est. Value
Highlights
- Community Pool
- Community Playground
- Forced Air Heating and Cooling System
- Washington Liberty High School Rated A+
- Picnic Area
- 1-minute walk to Tyrol Hill Park
About This Home
As of August 2021Don't miss this rare opportunity to own in the fabulous Park Spring community! This two bedroom condo has been updated and is ready for a new owner. UPDATES, UPDATES! The kitchen has been updated and features new cabinets, granite, newer appliances and a convenient barstool height eating area. The hardwood floors continue in to the separate dining room. The living room is bright, open and spacious, features recessed lighting that was added and walks out to the private balcony backing to woods. The updated full bathroom is centrally located. The master bedroom features an updated half bath and walk in closet, recessed lighting and lots of natural light. The second bedroom is spacious and bright and also features recessed lighting. The condo has all new windows and a new oversized sliding glass door that takes you out on to the balcony which overlooks the trees and provides ample privacy. Laundry can be added inside the unit! Location, Location! The Park Spring community has so much to offer, situated next to Tyrol Hill Park, on the W&OD Trail, access to the Long Branch Nature Center, Metro and ART bus stops just outside and the Arlington Mill Community Center down the street. Condo Fee includes water, sewer and gas, you only pay electrical! There is no additional fee to use the laundry room with updated washer and dryer. And you get additional secured storage downstairs.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $2,744
Year Built
- Built in 1969
Lot Details
- 5
HOA Fees
- $519 Monthly HOA Fees
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,063 Sq Ft Home
- Property has 1 Level
- Ceiling Fan
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
Parking
- On-Street Parking
- Parking Lot
- 2 Assigned Parking Spaces
Schools
- Carlin Springs Elementary School
- Kenmore Middle School
- Washington-Liberty High School
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 22-001-627
Community Details
Overview
- Association fees include gas, water, sewer, snow removal, road maintenance, reserve funds, pool(s), management, lawn maintenance, laundry, heat, common area maintenance
- Park Spring Condos, Phone Number (703) 600-6000
- Park Spring Community
- Park Spring Subdivision
- Property Manager
Amenities
- Picnic Area
- Common Area
- Laundry Facilities
- Community Storage Space
Recreation
- Community Playground
- Community Pool
Pet Policy
- Pets Allowed
- Pet Size Limit
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 14, 2021
Closed on
Aug 10, 2021
Sold by
Tirrell William and Tirrell Luke
Bought by
Martin Doug
Seller's Agent
Michelle Palomo
Samson Properties
Buyer's Agent
Michael Putnam
RE/MAX Executives
List Price
$327,500
Sold Price
$320,000
Premium/Discount to List
-$7,500
-2.29%
Total Days on Market
44
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
$43,147
Avg. Annual Appreciation
3.42%
Original Mortgage
$304,000
Outstanding Balance
$279,768
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$83,379
Purchase Details
Listed on
Jun 18, 2015
Closed on
Jul 14, 2016
Sold by
Bennett Helen A and Bennett Charles R
Bought by
Tirrell William and Tirrell Luke
Seller's Agent
Amir Ingram
Long & Foster Real Estate, Inc.
Buyer's Agent
Michelle Palomo
Samson Properties
List Price
$232,000
Sold Price
$224,500
Premium/Discount to List
-$7,500
-3.23%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.24%
Original Mortgage
$157,150
Interest Rate
3.66%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 28, 2007
Sold by
Moreno Sandra
Bought by
Murray Helen A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,675
Interest Rate
6.27%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 4, 1999
Sold by
Secty Of H U D
Bought by
Morena Rosa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,250
Interest Rate
6.74%
Purchase Details
Closed on
May 7, 1996
Sold by
Sec Of Hud
Bought by
Medrano Victor H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
7.82%
Purchase Details
Closed on
Apr 5, 1996
Sold by
Williford Erin M
Bought by
Sec Of Hud
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
7.82%
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 the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Martin Doug | $320,000 | Champion Title & Settlements | |
| Tirrell William | $224,500 | Consumers First Stlmnts Inc | |
| Murray Helen A | $245,000 | -- | |
| Morena Rosa | $61,100 | -- | |
| Medrano Victor H | $78,100 | -- | |
| Sec Of Hud | $96,389 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Martin Doug | $304,000 | |
| Previous Owner | Tirrell William | $157,150 | |
| Previous Owner | Murray Helen A | $248,675 | |
| Previous Owner | Moreno Rosa E | $170,000 | |
| Previous Owner | Morena Rosa | $59,250 | |
| Previous Owner | Sec Of Hud | $78,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/10/2021 08/10/21 | Sold | $320,000 | 0.0% | $301 / Sq Ft |
| 06/28/2021 06/28/21 | Pending | -- | -- | -- |
| 06/10/2021 06/10/21 | Price Changed | $320,000 | -2.3% | $301 / Sq Ft |
| 05/20/2021 05/20/21 | Price Changed | $327,500 | 0.0% | $308 / Sq Ft |
| 05/20/2021 05/20/21 | For Sale | $327,500 | +2.3% | $308 / Sq Ft |
| 05/18/2021 05/18/21 | Off Market | $320,000 | -- | -- |
| 05/14/2021 05/14/21 | For Sale | $329,900 | +46.9% | $310 / Sq Ft |
| 07/15/2016 07/15/16 | Sold | $224,500 | -3.2% | $211 / Sq Ft |
| 06/10/2016 06/10/16 | Pending | -- | -- | -- |
| 05/01/2016 05/01/16 | For Sale | $232,000 | +3.3% | $218 / Sq Ft |
| 05/01/2016 05/01/16 | Off Market | $224,500 | -- | -- |
| 01/02/2016 01/02/16 | For Sale | $232,000 | +3.3% | $218 / Sq Ft |
| 01/01/2016 01/01/16 | Off Market | $224,500 | -- | -- |
| 11/08/2015 11/08/15 | Price Changed | $232,000 | -3.3% | $218 / Sq Ft |
| 09/22/2015 09/22/15 | For Sale | $240,000 | 0.0% | $226 / Sq Ft |
| 09/07/2015 09/07/15 | Pending | -- | -- | -- |
| 08/10/2015 08/10/15 | For Sale | $240,000 | +6.9% | $226 / Sq Ft |
| 07/02/2015 07/02/15 | Off Market | $224,500 | -- | -- |
| 06/18/2015 06/18/15 | For Sale | $240,000 | -- | $226 / 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 | $3,404 | $329,500 | $81,900 | $247,600 |
| 2023 | $3,067 | $297,800 | $81,900 | $215,900 |
| 2022 | $2,887 | $280,300 | $81,900 | $198,400 |
| 2021 | $2,774 | $269,300 | $81,900 | $187,400 |
| 2020 | $2,745 | $267,500 | $37,200 | $230,300 |
| 2019 | $2,534 | $247,000 | $37,200 | $209,800 |
| 2018 | $2,593 | $257,800 | $37,200 | $220,600 |
| 2017 | $2,414 | $240,000 | $37,200 | $202,800 |
| 2016 | $2,359 | $238,000 | $37,200 | $200,800 |
| 2015 | $2,296 | $230,500 | $37,200 | $193,300 |
| 2014 | $2,296 | $230,500 | $37,200 | $193,300 |
Source: Public Records
Agents Affiliated with this Home
-
Michelle Palomo
Seller's Agent in 2021
Michelle Palomo
Samson Properties
(703) 229-7815
2 in this area
36 Total Sales
-
Michael Putnam
Buyer's Agent in 2021
Michael Putnam
RE/MAX
(703) 980-0585
1 in this area
559 Total Sales
-
Amir Ingram
Seller's Agent in 2016
Amir Ingram
Long & Foster
(202) 697-0334
7 Total Sales
Map
Source: Bright MLS
MLS Number: VAAR181324
APN: 22-001-627
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