real estate

Arlington home hunt highlights for Dec 16, 2022

By ARLnow.com
1/2

Happy Friday!

There’s only one weekend left until Christmas and still time to check out a few open houses across Arlington. According to Homesnap, there’s still plenty of detached homes, condos and townhomes available with a median listing price of $699,000.

Here’s a look at some of the open houses taking place this weekend:

  • 1300 Crystal Drive #PH12s, Crystal Gateway*
    2 BR, 2 BA (+1 half) condo
    Noteworthy: By far the best value in National Landing. Priced below assessed value!
    Listed: $825,000
    Open: Sunday, Dec. 18 from 1-3 p.m. (Jon DeHart – Keller Williams McLean/Great Falls / Homes From DeHart)
  • 4950 Little Falls Road
    5 BR, 5.5 BA single-family detached
    Noteworthy: Gas fireplace, exercise room, screened porch
    Listed: $2,195,000
    Open: Sunday, 1-3 p.m. (Steven Watson – KW Metro Center)
  • 5920 35th Street N.
    3 BR, 2 BA single-family detached
    Noteworthy: Hardwood floors, finished basement, two gas fireplaces
    Listed: $1,100,000
    Open: Sunday, 2-4 p.m. (Liz Kirby – Iron Valley Real Estate of Northern Virginia)
  • 1816 N. Ode Street
    2 BR, 2.5 BA townhome
    Noteworthy: Three levels, wood burning fireplace, pull down attic
    Listed: $899,999
    Open: Sunday, 12-1:30 p.m. (Lisa Koch – Weichert Realtors)
  • 5004 12th Street S.
    4 BR, 2.5 BA single-family detached
    Noteworthy: Renovated kitchen, fenced backyard with gazebo
    Listed: $799,900
    Open: Saturday, 1-3 p.m. (Tak Cheung – IMG Realty, LLC)

See all Arlington open house listings here.

Here are some other options to consider if you’re in the market to rent or buy:

  • 1020 N. Highland Street #7171
    1 BR, 1 BA condo
    Noteworthy: Balcony, hardwood floors, reserved garage space
    Listed: $2,300/mo
    (Mirjana Stanisavljev – Long & Foster Real Estate, Inc.)
  • 1200 S. Arlington Ridge Road #416
    Studio, 1 BA condo
    Noteworthy: New carpet, large windows, renovated bathroom
    Listed: $1,600/mo
    (Dillon Clark – RE/MAX Allegiance)

Want your listing to appear here or as the Listing of the Day? You can now submit sponsored listings.

* Denotes sponsored listing

5920 35th Street N. image via Google Maps

Most and least expensive homes sold in Arlington (Nov-Dec 2022)

By ARLnow.com

This past week saw 20 homes sold in Arlington.

The least expensive condo, single-family home or townhouse sale over the past seven days was $157,000 while the most expensive was $2,425,000.

Over the past month, meanwhile, a total of 56 single-family homes were sold. Let’s take a look at some of the most and least expensive homes sold over the past month.

Most expensive homes sold

  1. 3577 N Powhatan Street — $2,882,580 (5 Beds | 5.5 Baths | 6,698 SQ FT)
  2. 31 N Jackson Street — $2,830,000 (5 Beds | 4.5 Baths | 6,325 SQ FT)
  3. 3433 N Edison Street — $2,425,000 (6 Beds | 6.5 Baths | 5,984 SQ FT)
  4. 1504 N Johnson Street — $2,125,000 (6 Beds | 6.5 Baths | 3,368 SQ FT)
  5. 2714 N Franklin Road — $2,090,000 (4 Beds | 4.5 Baths | 3,720 SQ FT)

Least expensive homes sold

  1. 5205 11th Street S — $475,000 (2 Beds | 1 Bath | 950 SQ FT)
  2. 5101 12th Street S — $525,000 (2 Beds | 1 Bath | 850 SQ FT)
  3. 500 S Kensington Street — $595,000 (3 Beds | 1.5 Bath | 1,700 SQ FT)

“There are currently 548 homes for sale in Arlington, of those 328 are condos, 185 are detached homes, and 35 are townhomes,” according to Homesnap.

Just Reduced Properties in Arlington

By ARLnow.com Sponsor

Each week, “Just Reduced” spotlights properties in Arlington County whose price have been cut over the previous week. The market summary is crafted by Arlington Realty, Inc. Maximize your real estate investment with the team by visiting www.arlingtonrealtyinc.com or calling 703-836-6000 today!

Please note: While Arlington Realty, Inc. provides this information for the community, it may not be the listing company of these homes. 

As of December 12, there are 113 detached homes, 39 townhouses and 164 condos for sale throughout Arlington County. In total, 29 homes experienced a price reduction in the past week, including:

2005 N. Brandywine Street

Please note that this is solely a selection of Just Reduced properties available in Arlington County. For a complete list of properties within your target budget and specifications, contact Arlington Realty, Inc.

Arlington home hunt highlights for Dec 9, 2022

By ARLnow.com
1/2

Welcome to the second weekend in December!

We have a new list of open houses to check out across Arlington this weekend. With Christmas two weeks away, there are plenty of open houses to view. According to Homesnap, there have been 164 new listings in the last 4 weeks.

Here’s a look at some of the open houses taking place this weekend:

  • 1407 N. Inglewood Street, Tara Wynnewood *
    2 BR, 2 BA (+1 half) single-family detached
    Noteworthy: Walk to Cardinal ES, Swanson ES, Westover Village, bikepath, parks
    Listed: $850,000
    Open: Sunday, December 11, from 1 to 4 p.m. (Betsy Twigg – McEnearney Associates)
  • 3308 N. George Mason Drive
    5 BR, 5.5 BA single-family detached
    Noteworthy: Covered front porch, elevator, gas fireplace
    Listed: $3,279,000
    Open: Saturday, 1-3 p.m. (Martha Marquez – William G. Buck & Associates, Inc.)
  • 3898 30th Street N.
    4 BR, 3 BA single-family detached
    Noteworthy: Deck and tree house, elevator
    Listed: $1,900,000
    Open: Sunday, 12-3 p.m. (Carole Schweitzer – Weichert Realtors)
  • 2001 N. Brandywine Street
    4 BR, 3.5 BA townhome
    Noteworthy: End unit, fireplace, fenced backyard
    Listed: $900,000
    Open: Saturday, 1-3 p.m. (Michael Putnam – RE/MAX Executives)
  • 2705 1st Road S.
    3 BR, 2 BA single-family detached
    Noteworthy: Sunporch, hardwood floors, paved driveway
    Listed: $825,000
    Open: Saturday, 1-3 p.m. (Erich Cabe – Compass)

See all Arlington open house listings here.

Here are some other options to consider if you’re in the market to rent or buy:

  • 1713 13th Road S.
    3 BR, 3.5 BA townhome
    Noteworthy: Double sided fireplace, rooftop terrace
    Listed: $4,500/mo
    (Jason Curry – KW Metro Center)
  • 1531 Patrick Henry Drive
    3 BR, 2 BA single-family detached
    Noteworthy: All brick, fully fenced backyard, deck
    Listed: $3,550/mo
    (MaryAnn Burstein – Coldwell Banker Realty)
  • 1211 S. Eads Street #1005
    1 BR, 1.5 BA condo
    Noteworthy: Renovated, balcony, freshly painted
    Listed: $484,900
    (April Hessenius Myers – RLAH Properties)

Want your listing to appear here or as the Listing of the Day? You can now submit sponsored listings.

* Denotes sponsored listing

3898 30th Street N. image via Google Maps

Listing of the Day: 1407 N. Inglewood Street (Arlington)

By ARLnow.com
1/5

Address: 1407 N. Inglewood Street
Neighborhood: Tara Wynnewood
Type: 2 BR, 2 (+1 half) BA single-family detached — 1748 sq. ft.
Listed: $850,000

Noteworthy: Walk to Cardinal ES, Swanson MS, Westover Village, bikepath, parks

Well-loved 1940s brick colonial with good bones and character

  • Deep driveway that leads to kitchen door — so convenient to drop off groceries and packages — and then to detached one car garage
  • Large rooms, living room fireplace, main level den with full bathroom
  • Sunporch overlooks the level 7,100 square foot lot with expansion potential
  • Two big bedrooms upstairs and classic bathroom
  • Lower level rec room with half bath, laundry, and oodles of storage
  • Located on a winding street in Wynnewood, graced by tall trees and mature landscaping
  • Easy commute to Washington, Rosslyn-Ballston corridor, Pentagon, Crystal and Pentagon Cities, Fort Myer/Henderson Hall, Army Readiness Center and FSI
  • Take breaks while working from home with strolls along the bike path or to coffee at the Village

A sweet home in an ever better location.

Open House this Sunday, December 11 from 1-4 p.m.

A sweet home in an ever better location.

Listed by:
Betsy Twigg – McEnearney Associates
[email protected]
(703) 967-4391

Most and least expensive condos sold in Arlington (Nov-Dec 2022)

By ARLnow.com

This past week saw 37 homes sold in Arlington.

The least expensive condo, single-family home or townhouse sale over the past seven days was $175,000 while the most expensive was $2,882,580.

Over the past month, meanwhile, a total of 94 condos were sold. Let’s take a look at some of the most and least expensive condos sold over the past month.

Most expensive condos sold

  1. 1781 N. Pierce Street #1101 — 3 BD/2.5 BA — $2,374,500
  2. 2801 Langston Boulevard #303 — 3 BD/2.0 BA — $1,290,000
  3. 1700 Clarendon Boulevard #131 — 2 BD/2.5 BA — $1,250,000
  4. 2109 N. Rolfe Street #D — 4 BD/2.5 BA — $769,900
  5. 1300 Crystal Drive #PH13S — 2 BD/2.5 BA — $750,000

Least expensive condos sold

  1. 4600 S. Four Mile Run Drive #1029 — 1 BD/1.0 BA — $145,000
  2. 750 S. Dickerson Street #413 — 1 BD/1.0 BA — $165,000
  3. 1011 Arlington Boulevard #629 — 1 BD/1.0 BA — $175,000

The local market generally has more condos for sale compared to other housing types. There are currently 328 condos for sale, according to Homesnap.

Residential investors are especially interested in these five areas of Arlington

By Jo DeVoe
Construction on an upsized home on N. Dinwiddie Street in Halls Hill (staff photo by Jay Westcott)

In Green Valley, resident Portia Clark says she and her neighbors are bombarded with calls and letters from realtors and potential investors about buying their homes.

“We were once a very stable community of homeowners who bought our homes to live here and pay them off,” she said. That increasingly seems to be changing.

There, as in Halls Hill — also known as High View Park — homes are being changing hands as the older generation passes away and their inheritors decide to sell. Some want to buy in more affordable areas, while others cannot afford to make necessary repairs or take over the mortgages, she said.

“At one time, we were the last affordable neighborhood in Arlington to buy a house in,” said Clark, president of the Green Valley Civic Association. “Investors are buying affordable homes, to tear them down and rebuild or have been building townhomes, condos or homes they are renting out.”

Green Valley and Halls Hill — both historically Black communities — are among a handful of Arlington neighborhoods with higher investment rates, according to a home ownership report published by the county in October. The report analyzed home-ownership market trends and barriers to buying.

The county report looked at the number of home loans for investors versus the total loans lent out for every census tract in Arlington. Pentagon City and Aurora Highlands, Radnor-Fort Myer Heights and Halls Hill had investment rates exceeding 12.5%. Investor purchases made up between 10% and 12.5% of financed purchases in Green Valley and Lyon Park, while other neighborhoods had lower rates of investor interest.

Loans issued to investors in 2021 by neighborhood in Arlington (via Arlington County)

Neighborhoods like Clark’s are have lower owner-occupancy rates and higher rates of property purchased for investment purposes, but overall 86% of Arlingtonians in single-family homes are owners, according to Erika Moore, a spokeswoman for the Dept. of Community Planning, Housing and Development.

Reasons for higher investment rates vary by neighborhood, per the report. The county attributes investment in Pentagon City and Aurora Highlands to Amazon’s HQ2, and investment in Radnor-Fort Myer Heights to interest in the River Place co-op, where an expiring ground lease makes properties more attractive to investors than to individual homebuyers.

When asked if staff had any guesses as to why Halls Hill, Green Valley and Lyon Park attracted more investors, Moore said the data staff collected was unclear.

Realtor Eli Tucker says these neighborhoods all have “pockets” of less expensive properties, typically multifamily homes, and many of the investors in Arlington are builders. That tracks with Arlington’s consistent rate of homes torn down, rebuilt and sold at a premium.

Tear-down and rebuild trends since 2012 (via Arlington County)

In Halls Hill, Green Valley and Lyon Park, the less expensive options include apartments and smaller duplex and townhouse properties, which often have no or low HOA fees. These neighborhoods also attract renters.

“[These] are very good rental locations and properties, but tend to be passed over more by principal buyers,” he said. “They can generate higher return-on-investment for investors than many other locations and property types that generate a lot more competition from principal buyers.”

Owner-occupancy rates by neighborhood (via Arlington County)

As for River Place, Tucker says it attracts investors whereas most cooperatives tend to restrict investors looking for rental income. The ground lease set to expire in 2052 creates two investor-friendly conditions.

First, the timeline means fewer mortgage options, which means buyers must pay with cash, which favors investors. Second, it means unit values are going down, instead of up.

(more…)

Just Reduced Properties in Arlington

By ARLnow.com Sponsor

Each week, “Just Reduced” spotlights properties in Arlington County whose price have been cut over the previous week. The market summary is crafted by Arlington Realty, Inc. Maximize your real estate investment with the team by visiting www.arlingtonrealtyinc.com or calling 703-836-6000 today!

Please note: While Arlington Realty, Inc. provides this information for the community, it may not be the listing company of these homes. 

As of December 5, there are 121 detached homes, 42 townhouses and 180 condos for sale throughout Arlington County. In total, 29 homes experienced a price reduction in the past week, including:

2700 S. Grant Street

Please note that this is solely a selection of Just Reduced properties available in Arlington County. For a complete list of properties within your target budget and specifications, contact Arlington Realty, Inc.

Arlington home hunt highlights for Dec 2, 2022

By ARLnow.com
1/2

Happy Friday Arlington and welcome to December!

We have new list of open houses to browse this weekend, whether you’re looking to rent of buy.

Here’s a look at some of the open houses taking place this weekend:

  • 4714 20th Street N., North Arlington — The Clark*
    2 BR, 2 BA single-family detached
    Noteworthy: Fully renovated, move-in-ready, adorable brick cape cod in North Arlington!
    Listed: $925,000
    Open: Saturday, 12-2 p.m. and Sunday, 11 a.m.-2 p.m. (Theo Daubresse – KW United – Kingstowne)
  • 4620 26th Street N.
    7 BR, 6 BA single-family detached
    Noteworthy: Two car garage, 11 foot ceilings, wine storage
    Listed: $3,299,900
    Open: Sunday, 2-4 p.m. (Shahab Nasrin – TTR Sotheby’s International Realty)
  • 4515 Wilson Boulevard
    3 BR, 4 BA townhome
    Noteworthy: All brick, rear entry 2 car garage, balcony
    Listed: $1,295,000
    Open: Sunday, 12-2 p.m. (Francesca Keith – Avery-Hess Realtors)
  • 3131 9th Road N. #11
    2 BR, 2 BA condo
    Noteworthy: Private patio, full laundry room, covered parking space
    Listed: $869,900
    Open: Sunday, 1-4 p.m. (Conor Sullivan – KW Metro Center)
  • 3830 9th Street N. PH 3E
    2 BR, 3 BA condo
    Noteworthy: Renovated penthouse, corner unit, gas fireplace
    Listed: $771,000
    Open: Sunday, 1-3 p.m. (Lynn Kern – TTR Sotheby’s International Realty)

See all Arlington open house listings here.

Here are some other options to consider if you’re in the market to rent or buy:

  • 1610 N. Queen Street #247
    2 BR, 2.5 BA condo
    Noteworthy: Two-story, gas fireplace, private rooftop terrace
    Listed: $6,500/mo
    (Eric Kutch – McEnearney Associates)
  • 1619 S. Monroe Street
    3 BR, 3 BA single-family detached
    Noteworthy: Hardwood floors, covered porch
    Listed: $3,200/mo
    (Frank Stella – Weichert Realtors)
  • 2010 4th Street S. #8
    1 BR, 1 BA condo
    Noteworthy: Renovated kitchen, updated appliances
    Listed: $1,600/mo
    (Aaron Seekford – Arlington Realty Inc.)

Want your listing to appear here or as the Listing of the Day? You can now submit sponsored listings.

* Denotes sponsored listing

4515 Wilson Boulevard image via Google Maps

Most and least expensive homes sold in Arlington (Oct-Nov 2022)

By ARLnow.com

This past week saw 17 homes sold in Arlington.

The least expensive condo, single-family home or townhouse sale over the past seven days was $78,000 while the most expensive was $2,125,000.

Over the past month, meanwhile, a total of 52 single-family homes were sold. Let’s take a look at some of the most and least expensive homes sold over the past month.

Most expensive homes sold

  1. 1504 N. Johnson Street — 6 BD/6.5 BA — $2,125,000
  2. 2714 N. Franklin Road — 4 BD/4.5 BA — $2,090,000
  3. 1825 N. Quesada Street — 6 BD/4.5 BA — $1,960,000
  4. 2602 Key Boulevard — 3 BD/3.5 BA — $1,900,000
  5. 6011 21st Street N. — 4 BD/4.5 BA — $1,650,000

Least expensive homes sold

  1. 2162 N. Stafford Street — 2 BD/1.0 BA — $550,000
  2. 1300 N. Quintana Street — 5 BD/2.0 BA — $699,900
  3. 895 N. Kentucky Street — 4 BD/2.5 BA — $705,000

“There have been 112 contracts and 202 price changes with an average days on market of 62,” according to Homesnap.

Just Reduced Properties in Arlington

By ARLnow.com Sponsor

Each week, “Just Reduced” spotlights properties in Arlington County whose price have been cut over the previous week. The market summary is crafted by Arlington Realty, Inc. Maximize your real estate investment with the team by visiting www.arlingtonrealtyinc.com or calling 703-836-6000 today!

Please note: While Arlington Realty, Inc. provides this information for the community, it may not be the listing company of these homes. 

As of November 28, there are 130 detached homes, 48 townhouses and 187 condos for sale throughout Arlington County. In total, 13 homes experienced a price reduction in the past week, including:

2028 S. Quincy Street

Please note that this is solely a selection of Just Reduced properties available in Arlington County. For a complete list of properties within your target budget and specifications, contact Arlington Realty, Inc.

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