NOT LISTED FOR SALE

5051 7th Rd S Unit T1 Arlington, VA 22204

Arlington Mill Neighborhood

Estimated Value: $362,000 - $404,000

2 Beds
2 Baths
1,211 Sq Ft
$510/mo HOA Fee

Last Sold July 15, 2013

Last sale price $250,000 $206 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,819/month

Highlights

  • Contemporary Architecture
  • Traditional Floor Plan
  • Wood Flooring
  • Washington Liberty High School Rated A+
  • Backs to Trees or Woods
  • 1-minute walk to Tyrol Hill Park

About This Home

As of July 2013

Fantastic value in Park Spring Condominium! 1,200+ sq.ft. terrace-level unit offers 2 bedrooms, 2 full baths w/ serene views of parkland from private terrace. Features include open kitchen & dining area, combo washer/dryer in unit, outdoor pool & more. Located a short walk to Columbia Pike Corridor, parks & the W&OD Trail. Minutes to Shirlington, mass transit & DC. HVAC vent in master BR "as-is".

Last Agent to Sell the Property

Billy Buck

(703) 528-2288 billybuckteam@buckrealtors.com William G. Buck & Assoc., Inc. License #BR98362075 Listed on: 04/27/2013

Last Buyer's Agent

DALIL AHMED

(571) 334-2737 dahmed@weichert.com Weichert, REALTORS License #0225202554

Weichert, REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,892

Year Built

  • Built in 1969

Lot Details

  • Backs to Trees or Woods
  • Property is in very good condition

HOA Fees

  • $510 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,211 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Window Treatments
  • Entrance Foyer
  • Living Room
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Home Security System

Kitchen

  • Gas Oven or Range
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Parking

  • Rented or Permit Required
  • Unassigned Parking

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 22-001-630

Community Details

Overview

  • Association fees include exterior building maintenance, gas, heat, management, insurance, parking fee, pool(s), reserve funds, snow removal, trash, water
  • Low-Rise Condominium
  • Park Spring Community
  • Park Spring Subdivision
  • The community has rules related to parking rules

Amenities

  • Picnic Area
  • Common Area
  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,892

Year Built

Built in 1969

Lot Details

0

HOA Fees

$510 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1969
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Oven/Range - Gas, Range Hood, Refrigerator
  • Interior Amenities: Combination Kitchen/Dining, Primary Bath(s), Window Treatments, Wood Floors, Floor Plan - Traditional
  • Fireplace: No
  • Entry Location: Patio
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Foyer
  • Basement: No
  • Laundry Type: Common
  • Living Area Units: Square Feet
  • Total Sq Ft: 1211
  • Living Area Sq Ft: 1211
  • Price Per Sq Ft: 202.31
  • Above Grade Finished Sq Ft: 1211
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 510.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Picnic Area, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Gas, Heat, Management, Insurance, Parking Fee, Pool(s), Reserve Funds, Snow Removal, Trash, Water
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA Condo Co-Op Rules: Parking, Pets - Allowed, Pets - Size Restrict
  • HOA: No

Lot Info

  • Improvement Assessed Value: 152400.00
  • Land Assessed Value: 42400.00
  • Lot Features: Backs To Trees
  • Outdoor Living Structures: Patio(s)
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Zoning: RA8-18

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10641355
  • Tax Annual Amount: 1891.51
  • Assessor Parcel Number: 22-001-630
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012

Multi Family

  • Metering: Electric Separate, Heat Common

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2013
Closed on
Jun 28, 2013
Sold by
Buck Christina M
Bought by
Rahman Mohammad M
Seller's Agent
Billy Buck
William G. Buck & Assoc., Inc.
Buyer's Agent
DALIL AHMED
Weichert, REALTORS
List Price
$245,000
Sold Price
$250,000
Premium/Discount to List
$5,000
2.04%
Current Estimated Value
$380,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,994
Avg. Annual Appreciation
3.48%
Original Mortgage
$200,000
Outstanding Balance
$145,429
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$235,565

Purchase Details

Closed on
Nov 25, 2003
Sold by
Lopez-Garelli Mario
Bought by
Buck Christina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
5.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 1999
Sold by
Storer Cynthia L
Bought by
Garelli Mario Lopez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,800
Interest Rate
7.61%
Source: Public Records

Range of Values:

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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
Rahman Mohammad M $250,000 --
Buck Christina M $185,000 --
Garelli Mario Lopez $94,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rahman Mohammad M $200,000
Previous Owner Buck Christina M $185,000
Previous Owner Garelli Mario Lopez $82,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2013 07/15/13 Sold $250,000 +2.0% $206 / Sq Ft
05/10/2013 05/10/13 Pending -- -- --
04/27/2013 04/27/13 For Sale $245,000 -- $202 / 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 $3,664 $354,700 $93,200 $261,500
2024 $3,538 $342,500 $93,200 $249,300
2023 $3,201 $310,800 $93,200 $217,600
2022 $3,021 $293,300 $93,200 $200,100
2021 $2,908 $282,300 $93,200 $189,100
2020 $2,878 $280,500 $42,400 $238,100
2019 $2,661 $259,400 $42,400 $217,000
2018 $2,721 $270,500 $42,400 $228,100
2017 $2,537 $252,200 $42,400 $209,800
2016 $2,479 $250,200 $42,400 $207,800
2015 $2,414 $242,400 $42,400 $200,000
2014 $2,414 $242,400 $42,400 $200,000
Source: Public Records

Agents Affiliated with this Home

  • Billy Buck

    Seller's Agent in 2013

    Billy Buck

    William G. Buck & Assoc., Inc.

    (703) 528-2288

    53 Total Sales

    Billy Buck
    Section Image
  • DALIL AHMED

    Buyer's Agent in 2013

    DALIL AHMED

    Weichert Corporate

    (571) 334-2737

    2 in this area

    20 Total Sales

    DALIL AHMED
    Section Image
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Map

Source: Bright MLS

MLS Number: 1001579415

Bright MLS

APN: 22-001-630

Virginia Arlington County Arlington 22204 Arlington Mill

5051 7th Rd S Unit T1, Arlington, VA

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