NOT LISTED FOR SALE

721 S Wayne St Arlington, VA 22204

Penrose Neighborhood

Estimated Value: $973,000 - $1,169,847

4 Beds
1.5 Baths
1,644 Sq Ft
$651/Sq Ft Est. Value

Last Sold April 25, 2019

Last sale price $815,000 $496 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $6,681/month

4 Days on Market

Highlights

  • Colonial Architecture
  • Traditional Floor Plan
  • No HOA
  • Thomas Jefferson Middle School Rated A-
  • Wood Flooring
  • 2-minute walk to Penrose Park

About This Home

As of April 2019

Charming farmhouse in sought after Penrose neighborhood! This fabulous home with an inviting screened front porch has 4 good-sized bedrooms and spacious updated bath with double vanity on the upper level. Upper level updated in 2012. The main level features a family room addition, convenient powder room and refreshed kitchen. The addition was built so that a second level could be built on top of it to create a master suite. The home has been well maintained and is move-in ready! Large yard within walking distance of grocery, restaurants, library, parks, schools, farmer's market and much more! Minutes to DC, Pentagon.

Last Agent to Sell the Property

Katie Loughney

Compass License #SP98362322 Listed on: 03/20/2019

Compass

Last Buyer's Agent

Chris Sanders

Century 21 Redwood Realty

Century 21 Redwood Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,479

Year Built

  • Built in 1909

Lot Details

  • 6,292 Sq Ft Lot
  • Property is zoned R-6

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Farmhouse Style Home
  • Shingle Roof
  • Stucco

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Ceiling Fan
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Laundry in Basement

Outdoor Features

  • Porch

Schools

  • Henry Elementary School
  • Jefferson Middle School
  • Wakefield High School

Utilities

  • Central Air
  • Hot Water Heating System

Community Details

  • No Home Owners Association
  • Penrose Subdivision

Listing and Financial Details

  • Tax Lot 96
  • Assessor Parcel Number 25-001-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,479

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Farmhouse/National Folk, Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2019-03-22
  • Year Built: 1909
  • Remarks Public: Charming farmhouse in sought after Penrose neighborhood! This fabulous home with an inviting screened front porch has 4 good-sized bedrooms and spacious updated bath with double vanity on the upper level. Upper level updated in 2012. The main level features a family room addition, convenient powder room and refreshed kitchen. The addition was built so that a second level could be built on top of it to create a master suite. The home has been well maintained and is move-in ready! Large yard within walking distance of grocery, restaurants, library, parks, schools, farmer's market and much more! Minutes to DC, Pentagon.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Disposal, Dishwasher, Built-In Microwave, Icemaker, Oven/Range - Electric, Refrigerator, Washer
  • Flooring Type: Hardwood
  • Interior Amenities: Ceiling Fan(s), Floor Plan - Traditional, Wood Floors
  • Fireplace: No
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Basement, Bathroom 1, Half Bath
  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Laundry Type: Basement
  • Total Sq Ft: 1944
  • Living Area Sq Ft: 1644
  • Price Per Sq Ft: 495.74
  • Above Grade Finished Sq Ft: 1644
  • Below Grade Sq Ft: 300
  • Total Below Grade Sq Ft: 300
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 721

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Refuse: 293.92
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: ARLINGTON COUNTY PUBLIC SCHOOLS
  • Elementary School: HENRY
  • Middle School: JEFFERSON
  • High School: WAKEFIELD
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121141631475
  • School District Source: Listing Agent
  • Elementary School: HENRY
  • High School: WAKEFIELD
  • Middle Or Junior School: JEFFERSON

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 184100.00
  • Land Assessed Value: 460000.00
  • Land Use Code: 004
  • Lot Size Acres: 0.14
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6292.00
  • Outdoor Living Structures: Porch(es)
  • Year Assessed: 2018
  • Zoning: R-6
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10688849
  • Tax Annual Amount: 6479.00
  • Assessor Parcel Number: 25-001-004
  • Tax Lot: 96
  • Tax Total Finished Sq Ft: 1644
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 04/25/2019

MLS Schools

  • School District Name: ARLINGTON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2019
Closed on
Apr 25, 2019
Sold by
Allen Antoinette C and Allen Revocable T Antoinette C
Bought by
Davis Christopher Allen and Lopez Carmen Tina
Seller's Agent
Katie Loughney
Compass
Buyer's Agent
Chris Sanders
Century 21 Redwood Realty
List Price
$815,000
Sold Price
$815,000
Current Estimated Value
$1,069,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,462
Avg. Annual Appreciation
4.38%
Original Mortgage
$792,881
Interest Rate
4.3%
Mortgage Type
VA
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
Davis Christopher Allen $815,000 Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Christopher $768,230
Closed Davis Christopher Allen $792,881
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2019 04/25/19 Sold $815,000 0.0% $496 / Sq Ft
03/25/2019 03/25/19 Pending -- -- --
03/20/2019 03/20/19 For Sale $815,000 -- $496 / 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 $10,251 $992,400 $641,800 $350,600
2024 $10,263 $993,500 $641,800 $351,700
2023 $9,860 $957,300 $641,800 $315,500
2022 $8,998 $873,600 $606,800 $266,800
2021 $8,494 $824,700 $565,000 $259,700
2020 $8,012 $780,900 $515,000 $265,900
2019 $6,651 $648,200 $485,000 $163,200
2018 $6,480 $644,100 $460,000 $184,100
2017 $6,114 $607,800 $430,000 $177,800
2016 $5,813 $586,600 $415,000 $171,600
2015 $5,862 $588,600 $415,000 $173,600
2014 $5,663 $568,600 $395,000 $173,600
Source: Public Records

Agents Affiliated with this Home

  • Katie Loughney

    Seller's Agent in 2019

    Katie Loughney

    Compass

    (703) 597-9943

    4 in this area

    154 Total Sales

    Katie Loughney
    Section Image
  • Chris Sanders

    Buyer's Agent in 2019

    Chris Sanders

    Century 21 Redwood Realty

    (703) 447-0440

    86 Total Sales

    Chris Sanders
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: VAAR140106

Bright MLS

APN: 25-001-004

Virginia Arlington County Arlington 22204 Penrose

721 S Wayne St, Arlington, VA

This home is located at 721 S Wayne St, Arlington, VA 22204 since 20 March 2019 and is currently estimated at $1,069,462, approximately $650 per square foot. This property was built in 1909. 721 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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