NOT LISTED FOR SALE

721 S Wayne St Arlington, VA 22204

Penrose Neighborhood

Estimated Value: $1,014,644 - $1,119,000

4 Beds
1.5 Baths
1,644 Sq Ft
$660/Sq Ft Est. Value

Last Sold April 25, 2019

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

Est. 33% increase in value since last sale

Current estimated payment $6,560/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

(703) 266-7277 stephanie.white@compass.com Compass License #SP98362322 Listed on: 03/20/2019

Compass

Last Buyer's Agent

Chris Sanders

(202) 506-3674 chris@chrissandersgroup.com 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

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
  • Heating System Uses Natural Gas
  • 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

6,292 Sq Ft Lot

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
  • 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

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
  • 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

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • 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
  • Lot Size Acres: 0.14
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6292.00
  • Outdoor Living Structures: Porch(es)
  • 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
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

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
$1,084,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,661
Avg. Annual Appreciation
4.22%
Original Mortgage
$792,881
Outstanding Balance
$697,083
Interest Rate
4.3%
Mortgage Type
VA
Estimated Equity
$387,578
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 Allen $792,881
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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

    3 in this area

    140 Total Sales

    Katie Loughney
    Section Image
  • Chris Sanders

    Buyer's Agent in 2019

    Chris Sanders

    Century 21 Redwood Realty

    (703) 447-0440

    76 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

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2026 Bright MLS, Inc.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.