NOT LISTED FOR SALE

511 S Wayne St Arlington, VA 22204

Penrose Neighborhood

Estimated Value: $553,000 - $689,000

2 Beds
1 Bath
850 Sq Ft
$722/Sq Ft Est. Value

Last Sold April 16, 2024

Last sale price $588,000 $692 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,771/month

Highlights

  • Traditional Floor Plan
  • Marble Flooring
  • Attic
  • Thomas Jefferson Middle School Rated A-
  • Traditional Architecture
  • 1-minute walk to Penrose Park

About This Home

As of May 2024

Now available for rent, 511 S Wayne St combines modern amenities with classic charm. This inviting home features a stylishly updated front porch, elegant hardwood flooring, fresh paint, and enhanced lighting throughout. The kitchen boasts newer appliances, and residents can enjoy a spacious, fenced backyard perfect for outdoor activities. On-site amenities include a private driveway, a Nest thermostat, a Ring alarm system, and convenient main level laundry. Situated just steps from Penrose Park and close to the vibrant Columbia Pike area, this property offers easy access to a variety of dining and shopping options, as well as commuter routes to major destinations. Available for a monthly rent of $2,700 with an equal security deposit, we require a minimum credit score of 650 and are looking for tenants willing to commit to at least a one-year lease.

Last Agent to Rent the Property

Azhar Sutlan

Samson Properties License #0225248564 Listed on: 05/01/2024

Samson Properties

Last Renter's Agent

David Unterman

RE/MAX Allegiance License #0225014608

RE/MAX Allegiance

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,997

Year Built

  • Built in 1940

Lot Details

  • 2,750 Sq Ft Lot

Home Design

  • Semi-Detached or Twin Home
  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 850 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting
  • Vinyl Clad Windows
  • Combination Dining and Living Room
  • Crawl Space
  • Home Security System
  • Attic

Kitchen

  • Galley Kitchen
  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Patio
  • Exterior Lighting
  • Shed
  • Rain Gutters
  • Porch

Utilities

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

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,700
  • No Smoking Allowed
  • 12-Month Min and 36-Month Max Lease Term
  • Available 5/1/24
  • Assessor Parcel Number 24-030-002

Community Details

Overview

  • No Home Owners Association
  • Penrose Subdivision

Pet Policy

  • Pets allowed on a case-by-case basis

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,997

Year Built

Built in 1940

Lot Details

0

Rental Info

  • Date Available: 2024-05-01
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Security Deposit: 2700.00
  • Smoking Allowed Yn: No
  • Vacation Rental: No
  • Max Lease in Months: 36
  • Min Lease in Months: 12
  • Lease Link U R L: https://apply.link/3WnB6xZ
  • Rent Spree Online Application: Yes

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1940
  • Automatically Close On Close Date: Yes
  • Remarks Public: Now available for rent, 511 S Wayne St combines modern amenities with classic charm. This inviting home features a stylishly updated front porch, elegant hardwood flooring, fresh paint, and enhanced lighting throughout. The kitchen boasts newer appliances, and residents can enjoy a spacious, fenced backyard perfect for outdoor activities. On-site amenities include a private driveway, a Nest thermostat, a Ring alarm system, and convenient main level laundry. Situated just steps from Penrose Park and close to the vibrant Columbia Pike area, this property offers easy access to a variety of dining and shopping options, as well as commuter routes to major destinations. Available for a monthly rent of $2,700 with an equal security deposit, we require a minimum credit score of 650 and are looking for tenants willing to commit to at least a one-year lease.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Oven/Range - Gas, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Hardwood, Marble
  • Interior Amenities: Kitchen - Galley, Attic, Built-Ins, Carpet, Ceiling Fan(s), Combination Dining/Living, Dining Area, Floor Plan - Traditional, Recessed Lighting, Tub Shower, Wood Floors
  • Window Features: Vinyl Clad
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Kitchen, Bedroom 1, Bathroom 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit, Main Floor
  • Total Sq Ft: 850
  • Living Area Sq Ft: 850
  • Price Per Sq Ft: 3.18
  • Above Grade Finished Sq Ft: 850
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 511

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Brick
  • Exterior Features: Sidewalks, Exterior Lighting, Gutter System
  • 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

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

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Fee Information

  • Other Fees Frequency: Unknown

Schools

  • School District: ARLINGTON COUNTY PUBLIC SCHOOLS
  • School District Key: 121141631475
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 007
  • Lot Size Acres: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2750.00
  • Outdoor Living Structures: Patio(s), Porch(es), Roof
  • Zoning: RA8-18

Tax Info

  • Assessor Parcel Number: 24-030-002
  • Tax Total Finished Sq Ft: 850
  • Close Date: 05/13/2024

MLS Schools

  • School District Name: ARLINGTON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2024
Closed on
Apr 12, 2024
Sold by
Martinelli Family Revocable Trust and Martinelli Karen Peters
Bought by
Ruxianguli Balati and Simayi Midusi
Seller's Agent
Azhar Sutlan
Samson Properties
Buyer's Agent
David Unterman
RE/MAX Allegiance
Sold Price
$2,725
Views
44
Current Estimated Value
$614,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$611,285
Avg. Annual Appreciation
4.70%
Original Mortgage
$238,000
Outstanding Balance
$234,880
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$392,466

Purchase Details

Closed on
Jan 11, 2021
Sold by
Martinelli Scott Kenneth and Martinelli Karen Peters
Bought by
Martinelli Scott Kenneth and Martinelli Karen Peters

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,650
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 11, 2016
Closed on
Nov 30, 2016
Sold by
Bender Andrew P
Bought by
Martinelli Scott Kenneth
Seller's Agent
Omar Samaha
Compass
Buyer's Agent
Emily Vuono
Compass
List Price
$429,000
Sold Price
$426,000
Premium/Discount to List
-$3,000
-0.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.50%
Original Mortgage
$383,400
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 10, 2015
Closed on
Nov 24, 2015
Sold by
Pace Kerry J
Bought by
Bender Andrew P
Seller's Agent
Cheryl Hanback
Samson Properties
Buyer's Agent
Omar Samaha
Compass
List Price
$409,000
Sold Price
$410,000
Premium/Discount to List
$1,000
0.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.82%
Original Mortgage
$389,500
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2009
Sold by
Rosen Lawrence
Bought by
Pace Kerry J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,204
Interest Rate
5.02%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 14, 2009
Sold by
Profesnl 4Closure Corp Su
Bought by
Rosen Lawrence

Purchase Details

Closed on
Dec 12, 2000
Sold by
Vokert Francis T
Bought by
Floyd Terry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,200
Interest Rate
7.7%
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
Ruxianguli Balati $588,000 Cardinal Title
Martinelli Scott Kenneth -- Acm Title
Martinelli Scott Kenneth $426,000 New World Title & Escrow
Bender Andrew P $410,000 Attorney
Pace Kerry J $320,000 --
Rosen Lawrence $199,000 --
Floyd Terry $118,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruxianguli Balati $238,000
Previous Owner Martinelli Scott Kenneth $360,650
Previous Owner Martinelli Scott Kenneth $383,400
Previous Owner Bender Andrew P $389,500
Previous Owner Pace Kerry J $301,400
Previous Owner Pace Kerry J $314,204
Previous Owner Floyd Terry $106,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2024 05/13/24 Rented $2,725 +0.9% --
05/05/2024 05/05/24 Under Contract -- -- --
05/01/2024 05/01/24 For Rent $2,700 0.0% --
04/16/2024 04/16/24 Sold $588,000 +2.3% $692 / Sq Ft
03/19/2024 03/19/24 Pending -- -- --
03/19/2024 03/19/24 For Sale $574,900 0.0% $676 / Sq Ft
03/18/2024 03/18/24 For Sale $574,900 0.0% $676 / Sq Ft
03/13/2024 03/13/24 Pending -- -- --
03/07/2024 03/07/24 For Sale $574,900 +35.0% $676 / Sq Ft
11/30/2016 11/30/16 Sold $426,000 -0.7% $501 / Sq Ft
10/28/2016 10/28/16 Pending -- -- --
10/11/2016 10/11/16 For Sale $429,000 +4.6% $505 / Sq Ft
11/24/2015 11/24/15 Sold $410,000 +0.2% $482 / Sq Ft
10/15/2015 10/15/15 Pending -- -- --
10/10/2015 10/10/15 For Sale $409,000 -- $481 / 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 $5,997 $580,500 $485,000 $95,500
2024 $5,811 $562,500 $470,000 $92,500
2023 $5,676 $551,100 $460,000 $91,100
2022 $5,542 $538,100 $440,000 $98,100
2021 $5,172 $502,100 $404,000 $98,100
2020 $4,764 $464,300 $363,600 $100,700
2019 $4,262 $415,400 $313,100 $102,300
2018 $4,125 $410,000 $303,000 $107,000
2017 $3,797 $377,400 $277,800 $99,600
2016 $3,680 $371,300 $265,600 $105,700
2015 $3,540 $355,400 $254,500 $100,900
2014 $3,346 $335,900 $242,400 $93,500
Source: Public Records

Agents Affiliated with this Home

  • Azhar Sutlan

    Landlord's Agent in 2024

    Azhar Sutlan

    Samson Properties

    (571) 992-4145

    1 in this area

    50 Total Sales

    Azhar Sutlan
    Section Image
  • Kevin Wulff

    Seller's Agent in 2024

    Kevin Wulff

    Samson Properties

    (202) 430-5306

    1 in this area

    10 Total Sales

    Kevin Wulff
    Section Image
  • David Unterman

    Tenant's Agent in 2024

    David Unterman

    RE/MAX

    (703) 869-1876

    105 Total Sales

    David Unterman
    Section Image
  • Omar Samaha

    Seller's Agent in 2016

    Omar Samaha

    Compass

    (703) 628-2459

    1 in this area

    105 Total Sales

    Omar Samaha
    Section Image
  • Emily Vuono

    Buyer's Agent in 2016

    Emily Vuono

    Compass

    (717) 818-7949

    30 Total Sales

    Emily Vuono
    Section Image
  • Cheryl Hanback

    Seller's Agent in 2015

    Cheryl Hanback

    Samson Properties

    (703) 864-4321

    110 Total Sales

    Cheryl Hanback
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: VAAR2043274

Bright MLS

APN: 24-030-002

Virginia Arlington County Arlington 22204 Penrose

511 S Wayne St, Arlington, VA

This home is located at 511 S Wayne St, Arlington, VA 22204 since 01 May 2024 and is currently priced at $614,010. This property was built in 1940. 511 S Wayne St is a home located in Arlington County with nearby schools including Thomas Jefferson Middle School, Wakefield High School, and Metta Montessori School.

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