NOT LISTED FOR SALE

5608 24th St N Arlington, VA 22205

Leeway Overlee Neighborhood

Estimated Value: $1,870,362 - $2,113,000

0.18 Acre
$11,060,228 Price per Acre
8,007 Sq Ft Lot

Last Sold October 28, 2014

Last sale price $713,000 $598 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $12,437/month

4 Days on Market

About This Lot

As of October 2014

Excellent 8,000 square foot level lot only 2 blocks to Harrison Street shopping center. New construction in neighborhood selling for $1,600,000+ The house is currently leased until 10/20/14. Do not disturb tenant- no sign on property. Contract being negotiated

Last Agent to Sell the Property

Mark Ries

Fidelity Real Estate Corporation License #IB98096 Listed on: 10/09/2014

Last Buyer's Agent

Roger Nakazawa

MN3 LLC License #0225176300

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,833

Lot Details

  • 8,007 Sq Ft Lot
  • Property is zoned R-6

Community Details

  • No Home Owners Association
  • Over Lee Knolls Subdivision

Listing and Financial Details

  • Tax Lot 91
  • Assessor Parcel Number 10-010-005

Property Details

Property Type

Land

Est. Annual Taxes

$5,833

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • New Construction: No
  • Remarks Public: Excellent 8,000 square foot level lot only 2 blocks to Harrison Street shopping center. New construction in neighborhood selling for $1,600,000+ The house is currently leased until 10/20/14. Do not disturb tenant- no sign on property. Contract being negotiated
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: No
  • Price Per Sq Ft: 81.18
  • Street Number Modifier: 5608

Exterior Features

  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Refuse: 293.92
  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 111800.00
  • Lot Size Acres: 0.18
  • Lot Size Area: 8007
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8007.00
  • Possible Use: Residential
  • Year Assessed: 2014
  • Zoning: R-6

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10675183
  • Tax Annual Amount: 5832.58
  • Assessor Parcel Number: 10-010-005
  • Tax Lot: 91
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 10/28/2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2014
Closed on
Oct 28, 2014
Sold by
Chapman Trustee Harold G
Bought by
Nicholakos Harry
Seller's Agent
Mark Ries
Fidelity Real Estate Corporation
Buyer's Agent
Roger Nakazawa
MN3 LLC
List Price
$650,000
Sold Price
$713,000
Premium/Discount to List
$63,000
9.69%
Current Estimated Value
$1,990,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,277,841
Avg. Annual Appreciation
9.97%

Purchase Details

Closed on
Dec 10, 1999
Sold by
Advanced Housing Concepts
Bought by
Chapman Harold G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,400
Interest Rate
8.11%

Purchase Details

Closed on
May 25, 1999
Sold by
Daly Harry P
Bought by
Advanced Hsng Concepts

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
6.82%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Nicholakos Harry $713,000 --
Chapman Harold G $212,000 --
Advanced Hsng Concepts $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nicholakos Harry $400,000
Open Nicholakos Harry $902,000
Previous Owner Chapman Harold G $250,000
Previous Owner Chapman Harold G $201,400
Previous Owner Advanced Hsng Concepts $345,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2014 10/28/14 Sold $713,000 +9.7% $598 / Sq Ft
10/13/2014 10/13/14 Pending -- -- --
10/09/2014 10/09/14 For Sale $650,000 -- $545 / 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 $19,062 $1,845,300 $834,500 $1,010,800
2024 $17,768 $1,720,000 $824,500 $895,500
2023 $17,952 $1,742,900 $824,500 $918,400
2022 $15,861 $1,539,900 $724,500 $815,400
2021 $14,725 $1,429,600 $653,700 $775,900
2020 $14,301 $1,393,900 $618,000 $775,900
2019 $14,038 $1,368,200 $592,300 $775,900
2018 $13,483 $1,340,300 $566,500 $773,800
2017 $13,692 $1,361,000 $540,800 $820,200
2016 $5,104 $515,000 $515,000 $0
2015 $5,935 $595,900 $484,100 $111,800
2014 $5,833 $585,600 $473,800 $111,800
Source: Public Records

Agents Affiliated with this Home

  • Mark Ries

    Seller's Agent in 2014

    Mark Ries

    Fidelity Real Estate Corporation

    (703) 328-3351

    1 in this area

    7 Total Sales

    Section Image
  • Roger Nakazawa

    Buyer's Agent in 2014

    Roger Nakazawa

    MN3 LLC

    (703) 855-7696

    5 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: 1001594949

Bright MLS

APN: 10-010-005

Virginia Arlington County Arlington 22205 Leeway Overlee

5608 24th St N, Arlington, VA

This home is located at 5608 24th St N, Arlington, VA 22205 since 09 October 2014 and is currently estimated at $1,990,841, approximately $1,670 per square foot. 5608 24th St N is a home located in Arlington County with nearby schools including Nottingham Elementary School, Swanson Middle School, and Yorktown High School.

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