NOT LISTED FOR SALE

Estimated Value: $1,258,000 - $1,877,000

-- Bed
8 Baths
3,141 Sq Ft
$488/Sq Ft Est. Value

Last Sold December 23, 2020

Last sale price $2,000,000 $637 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $9,609/month

Highlights

  • Gourmet Kitchen
  • Colonial Architecture
  • No HOA
  • Oakridge Elementary School Rated A-
  • Traditional Floor Plan
  • 2-minute walk to Ives Park

About This Home

As of December 2020

Unique LEGAL 4-unit with 3 separate apartments on three levels and one free-standing cottage. 3 bedroom, 3.5 bath on first floor. 3 bedroom/2 bath on second floor. 2 bedroom/2 bath on top floor and 1 bedroom/1 bath separate cottage. Total renovation about 5 years ago. Granite counters, stainless appliances, washers and dryers in all units. Tenants pay their own utilities. 6 assigned off-street parking spaces. All units leased. Total rent received monthly = $8900.

Last Agent to Sell the Property

Rafael Aguilera

Residential Properties, Inc. License #0225022021 Listed on: 12/23/2020

Last Buyer's Agent

Tonya Finlay

KW Metro Center License #0225194894

KW Metro Center

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,535

Year Built

  • Built in 1912

Lot Details

  • 6,000 Sq Ft Lot
  • Landscaped
  • Property is in excellent condition

Home Design

  • Quadruplex
  • Colonial Architecture
  • Composite Building Materials

Interior Spaces

  • 3,141 Sq Ft Home
  • Traditional Floor Plan
  • Recessed Lighting
  • Window Treatments
  • Dryer

Kitchen

  • Gourmet Kitchen
  • Gas Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Parking

  • 6 Parking Spaces
  • 6 Off-Street Spaces
  • 6 Assigned Parking Spaces

Utilities

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

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • The owner pays for insurance, lawn/shrub care
  • Tax Lot 31
  • Assessor Parcel Number 36-026-008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,535

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1912
  • Building Winterized: No
  • Remarks Public: Unique LEGAL 4-unit with 3 separate apartments on three levels and one free-standing cottage. 3 bedroom, 3.5 bath on first floor. 3 bedroom/2 bath on second floor. 2 bedroom/2 bath on top floor and 1 bedroom/1 bath separate cottage. Total renovation about 5 years ago. Granite counters, stainless appliances, washers and dryers in all units. Tenants pay their own utilities. 6 assigned off-street parking spaces. All units leased. Total rent received monthly = $8900.
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Icemaker, Microwave, Oven/Range - Gas, Refrigerator
  • Interior Amenities: Floor Plan - Traditional, Kitchen - Gourmet, Recessed Lighting, Window Treatments
  • Fireplace: No
  • Basement: No
  • Total Sq Ft: 3141
  • Living Area Sq Ft: 3141
  • Price Per Sq Ft: 668.58
  • Above Grade Finished Sq Ft: 3141
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 818

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Composition
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 6
  • Garage: No
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 6

Utilities

  • Refuse: 293.92
  • 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
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 499300.00
  • Land Assessed Value: 625000.00
  • Land Use Code: 004
  • Lot Features: Landscaping
  • Lot Size Acres: 0.14
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6000.00
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: R-5
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Ground Rent Pymnt Freq: Annually
  • Owner Pays: Insurance, Lawn/Shrub Care
  • Rent Control: No
  • Total Actual Rent: 106800.00
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10689261
  • Tax Annual Amount: 11535.00
  • Assessor Parcel Number: 36-026-008
  • Tax Lot: 31
  • Tax Total Finished Sq Ft: 3141
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 12/23/2020

MLS Schools

  • School District Name: ARLINGTON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2020
Closed on
Dec 21, 2020
Sold by
Howard Henry S
Bought by
Lima Igor C and Lima Suzanne Marie
Seller's Agent
Rafael Aguilera
Residential Properties, Inc.
Buyer's Agent
Tonya Finlay
KW Metro Center
List Price
$2,100,000
Sold Price
$2,000,000
Premium/Discount to List
-$100,000
-4.76%
Current Estimated Value
$1,532,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$467,292
Avg. Annual Appreciation
-1.83%
Original Mortgage
$1,999,999
Outstanding Balance
$1,791,944
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$41,134

Purchase Details

Closed on
Oct 28, 1998
Sold by
Blocker Jack S
Bought by
Shiao James S K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.68%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Lima Igor C $2,000,000 Republic Title
Shiao James S K $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lima Igor C $1,999,999
Previous Owner Shiao James S K $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2020 12/23/20 Sold $2,000,000 -4.8% $637 / Sq Ft
12/23/2020 12/23/20 Pending -- -- --
12/23/2020 12/23/20 For Sale $2,100,000 +180.0% $669 / Sq Ft
10/08/2014 10/08/14 Sold $750,000 0.0% $244 / Sq Ft
09/30/2014 09/30/14 Pending -- -- --
09/30/2014 09/30/14 For Sale $750,000 -- $244 / 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 $17,312 $1,675,900 $797,500 $878,400
2024 $16,845 $1,630,700 $779,200 $851,500
2023 $15,907 $1,544,400 $779,200 $765,200
2022 $15,809 $1,534,900 $744,200 $790,700
2021 $12,095 $1,174,300 $675,000 $499,300
2020 $11,535 $1,124,300 $625,000 $499,300
2019 $10,907 $1,063,100 $575,000 $488,100
2018 $10,180 $1,011,900 $525,000 $486,900
2017 $9,792 $973,400 $490,000 $483,400
2016 $7,727 $779,700 $470,000 $309,700
2015 $8,208 $824,100 $467,000 $357,100
2014 $7,195 $722,400 $445,000 $277,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAAR174190

Bright MLS

APN: 36-026-008