NOT LISTED FOR SALE

The Palazzo 5353 Columbia Pike Unit 306 Arlington, VA 22204

Arlington Mill Neighborhood

Estimated Value: $217,000 - $248,000

1 Bed
1.5 Baths
786 Sq Ft
$550/mo HOA Fee

Last Sold October 31, 2012

Last sale price $148,000 $188 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,997/month

Highlights

  • View of Trees or Woods
  • Traditional Floor Plan
  • Community Pool
  • Washington Liberty High School Rated A+
  • Upgraded Countertops
  • Elevator

About This Home

As of October 2012

GREAT OPPORTUNITY, SPACIOUS UNIT OVERLOOKING TREES & GREENERY FROM 24FT PRIVATE BALCONY. UPDATED TABLESPACE KITCHEN WITH MAPLE CABINETS & GRANITE COUNTERS; OVERSIZED LIVING/DINING W/WALL OF WINDOWS, NEW CARPET. EXTRA 1/2BA; BEDROOM WITH ENSUITE BATH, WALK-IN-CLOSET & LINEN CLOSET, NEW CARPET. WELL MANAGED BUILDING OFFERS EASY ACCESS TO ALL AMENITES FROM PENTAGON CITY TO SKYLINE. PLENTY OF PARKING.

Last Agent to Sell the Property

John Plank

(703) 284-9347 john.plank@longandfoster.com Long & Foster Real Estate, Inc. Listed on: 08/15/2012

Long & Foster Real Estate, Inc.

Co-Listed By

Richard Dale

(703) 861-3251 richard.dale@LNF.com Long & Foster Real Estate, Inc.

Last Buyer's Agent

Traci Rochon

(540) 699-0646 traci@greetingsvirginia.com EXP Realty, LLC License #SP98368129

EXP Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,149

Year Built

  • Built in 1964

Lot Details

  • East Facing Home
  • Property is in very good condition

HOA Fees

  • $550 Monthly HOA Fees

Parking

  • Rented or Permit Required

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 786 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Crown Molding
  • Sliding Doors
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Views of Woods

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Range Hood
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Outdoor Features

  • Balcony

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Heating and Cooling System
  • Wall Furnace
  • Vented Exhaust Fan
  • Summer or Winter Changeover Switch For Heating
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 22-014-075

Community Details

Overview

  • Moving Fees Required
  • Association fees include air conditioning, common area maintenance, electricity, exterior building maintenance, heat, management, insurance, reserve funds, sewer, snow removal, trash, water, laundry
  • 84 Units
  • Mid-Rise Condominium
  • The Palazzo Community
  • The Palazzo Subdivision
  • The community has rules related to alterations or architectural changes, moving in times, parking rules

Amenities

  • Common Area
  • Laundry Facilities
  • Elevator

Recreation

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,149

Year Built

Built in 1964

Lot Details

0

HOA Fees

$550 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1964
  • Remarks Public: GREAT OPPORTUNITY, SPACIOUS UNIT OVERLOOKING TREES & GREENERY FROM 24FT PRIVATE BALCONY. UPDATED TABLESPACE KITCHEN WITH MAPLE CABINETS & GRANITE COUNTERS; OVERSIZED LIVING/DINING W/WALL OF WINDOWS, NEW CARPET. EXTRA 1/2BA; BEDROOM WITH ENSUITE BATH, WALK-IN-CLOSET & LINEN CLOSET, NEW CARPET. WELL MANAGED BUILDING OFFERS EASY ACCESS TO ALL AMENITES FROM PENTAGON CITY TO SKYLINE. PLENTY OF PARKING.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Oven - Self Cleaning, Oven/Range - Gas, Range Hood, Refrigerator
  • Interior Amenities: Dining Area, Kitchen - Table Space, Crown Moldings, Upgraded Countertops, Primary Bath(s), Floor Plan - Traditional
  • Fireplace: No
  • Door Features: Sliding Glass
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Foyer
  • Basement: No
  • Laundry Type: Common
  • Living Area Units: Square Feet
  • Total Sq Ft: 786
  • Living Area Sq Ft: 786
  • Price Per Sq Ft: 190.20
  • Above Grade Finished Sq Ft: 786
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5353

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Pool Private: No
  • View: Trees/Woods
  • View: Yes
  • 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, Rented/Permit Required

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Wall Unit
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Central, Summer/Winter Changeover, Wall Unit
  • 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: 549.93
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Common Area Maintenance, Electricity, Ext Bldg Maint, Heat, Management, Insurance, Reserve Funds, Sewer, Snow Removal, Trash, Water, Laundry
  • HOA Condo Co-Op Management Type: Professional - Off-Site, Professional - On-Site
  • HOA Condo Co-Op Rules: Alterations/Architectural Changes, Elevator Use, Moving Fees Required, Moving In Times, Parking, Pets - Allowed, Pets - Size Restrict
  • HOA: No

Lot Info

  • Improvement Assessed Value: 88500.00
  • Land Assessed Value: 31400.00
  • Outdoor Living Structures: Balcony
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Year Assessed: 2011
  • Zoning: RA8-18

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10653650
  • Tax Annual Amount: 1148.64
  • Assessor Parcel Number: 22-014-075
  • Tax Total Finished Sq Ft: 786
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011
  • Close Date: 10/31/2012

Multi Family

  • Metering: All Common

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2012
Closed on
Oct 31, 2012
Sold by
Montague Daddio Lynnita Andrea
Bought by
Khatchatrian David and Khatchatrian Agavni
Seller's Agent
John Plank
Long & Foster Real Estate, Inc.
Buyer's Agent
Traci Rochon
EXP Realty, LLC
List Price
$149,500
Sold Price
$148,000
Premium/Discount to List
-$1,500
-1%
Current Estimated Value
$236,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,302
Avg. Annual Appreciation
3.76%
Original Mortgage
$98,000
Outstanding Balance
$68,312
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$170,036

Purchase Details

Closed on
Aug 28, 2008
Sold by
Clifford W Stack Exr
Bought by
Montague Lynnita A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,883
Interest Rate
6.29%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Khatchatrian David $148,000 --
Montague Lynnita A $137,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khatchatrian David $98,000
Previous Owner Montague Lynnita A $134,883
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2012 10/31/12 Sold $148,000 -1.0% $188 / Sq Ft
09/03/2012 09/03/12 Pending -- -- --
08/15/2012 08/15/12 For Sale $149,500 -- $190 / 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 $2,387 $231,100 $51,900 $179,200
2024 $2,223 $215,200 $51,900 $163,300
2023 $2,217 $215,200 $51,900 $163,300
2022 $2,217 $215,200 $51,900 $163,300
2021 $2,068 $200,800 $51,900 $148,900
2020 $1,890 $184,200 $31,400 $152,800
2019 $1,937 $188,800 $31,400 $157,400
2018 $1,786 $177,500 $31,400 $146,100
2017 $1,705 $169,500 $31,400 $138,100
2016 $1,680 $169,500 $31,400 $138,100
2015 $1,515 $152,100 $31,400 $120,700
2014 $1,409 $141,500 $31,400 $110,100
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    John Plank

    Long & Foster

    (703) 284-9347

    3 Total Sales

    John Plank
    Section Image
  • Richard Dale

    Seller Co-Listing Agent in 2012

    Richard Dale

    Long & Foster

    (703) 861-3251

    7 Total Sales

    Richard Dale
    Section Image
  • Traci Rochon

    Buyer's Agent in 2012

    Traci Rochon

    EXP Realty, LLC

    (540) 699-0646

    11 Total Sales

    Traci Rochon
    Section Image
See All Agents

About The Palazzo

Map

Source: Bright MLS

MLS Number: 1001573825

Bright MLS

APN: 22-014-075

Virginia Arlington County Arlington 22204 Arlington Mill

5353 Columbia Pike Unit 306, Arlington, VA

This home is located at 5353 Columbia Pike Unit 306, Arlington, VA 22204 since 15 August 2012 and is currently estimated at $236,302, approximately $300 per square foot. This property was built in 1964. 5353 Columbia Pike Unit 306 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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