real estate

Open Houses in Arlington This Weekend

By ARLnow.com Sponsor

Looking for a home? There are plenty of houses and condos open for viewing this weekend.

Check out the Arlington Realty website for a full list of homes for sale and open houses in Arlington. Here are a few highlights:

5601 Williamsburg Boulevard
6 BR/4 BA, 1 half bath single-family home
Agent: Compass
Listed: $1,750,000
Open: Sunday 1-4 p.m.

 

2205 12th Court N.
4 BR/2 BA, 1 half bath condo
Agent: Long & Foster Real Estate, Inc
Listed: $1,029,000
Open: Sunday 1-3 p.m.

 

6013 27th Street N.
4 BR/3 BA single-family home
Agent: Exp Realty Llc
Listed: $885,000
Open: Sunday 1-4 p.m.

 

3800 Fairfax Drive #1014
2 BR/2 BA condo
Agent: Coldwell Banker Residential Brokerage
Listed: $750,000
Open: Sunday 2-4 p.m.

 

1600 N. Oak Street #122
2 BR/2 BA condo
Agent: Ttr Sotheby’s International Realty
Listed: $639,900
Open: Sunday 1-3 p.m.

 

1640 10th Street S.
2 BR/2 BA villa/townhouse
Agent: Samson Properties
Listed: $449,000
Open: Saturday 1-3 p.m.

 

1515 S. George Mason Drive #11
2 BR/1 BA condo
Agent: Samson Properties
Listed: $220,000
Open: Saturday 1-4 p.m.

Just Listed in Arlington

By ARLnow.com Sponsor

Just Listed highlights Arlington properties that just came on the market within the past week. This feature is written and sponsored by Team Cathell, “Your Orange Line Specialists.”

Some great inventory came on the market this week in Arlington, and ready buyers didn’t hesitate to snatch it up.

Seventy-five homes were listed, 54 were sold and half of those (26) sold within a week on the market. Amazing! That robust activity dropped Arlington’s average days on market to just 12!

It’s a brutal market out there for buyers right now. There were more stories told this week in the hallways of realtor offices of bidding wars, each agent seeming to have an even more incredible story. The houses attracting bidding wars fall into two recurring categories — total fixer uppers priced low and properly priced homes that have been updated and show in pristine condition.

Today’s buyers are highly discerning. They want a home that appears to have just come out of a new wrapper, regardless of its real age. After pushing their maximum buying power, they don’t have any cash left for improvements, and they are anxious about taking on projects for which they know nothing about.

Interest rates bounced higher this week after hitting 18-month lows last week. Rates climbed nearly 1/4% to 4.125%-4.375% for a 30-yr fixed rate. Poor buyers just can’t get a break.

Arlington home owners should feel lucky as their values continue to climb. Far better than Londoners. The average sales price of a home in London has dropped 3.8% in the last three months. Surveys indicate that Londoners are very concerned about how the U.K. will exit the European Union and how that will effect their economy. Now is not a good time to swap for a home in Chelsea.

Click to see all the fresh new inventory in MRIS and call Team Cathell (703-975-2500) when you find a home you like.

Listing of the Day: 1937 N. Emerson Street

By ARLnow.com Sponsor
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Address: 1937 N. Emerson Street
Neighborhood: High View Park
Listed: $1,309,000

Don’t miss your chance to fully customize the finishes on this new construction craftsman home, currently under construction in High View Park.

With 4,300 square feet of luxury living this 5 bedroom, 4.5 bath property built by Enhanced Homes is set for a June delivery. Photos are of a previously built model recently sold.

The open, spacious and light-filled main level is highlighted by the gourmet kitchen with its oversized quartz waterfall island. Open to the family room and breakfast nook, it also gives access to a large rear trex deck and fully fenced yard. Separate dining room, mudroom, half bath and garage on this level.

The upper level features a large master with a walk-in closet and spacious spa like shower. A Jack and Jill bath between the 2nd and 3rd bedrooms and a full en-suite in the 4th bedroom acts as a secondary master. Laundry room on this level includes a washer, dryer and utility sink.

Guests will enjoy the privacy of a bedroom and full bath on the lower level, in addition to a separate walkout. The finished basement is an entertainer’s dream with 9′ ceilings, and a wet bar, accented by a top-of-the-line wine fridge.

More details and features upon request. Click here to see the 3D tour of this model.

Listed by:
Aaron Probasco
Keller Williams Falls Church
703.946.4652
[email protected] 
www.kwfallschurch.com

Listing of the Day: 5311 22nd Street N.

By ARLnow.com Sponsor
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Address: 5311 22nd Street N.
Neighborhood: Leeway Heights
Listed: $1,375,000
Open: Saturday, April 6 and Sunday April 7 from 1-4 p.m.

Conveniently located between Westover Village and the Lee Harrison Center, this light filled colonial has everything you want.

Built in 1991 and substantially renovated in the last three years, the home offers a dazzling new kitchen with crisp white cabinets, granite tops, Viking gas cooktop, oven and range hood; KitchenAid refrigerator, microwave and dishwasher.

The kitchen is open to the breakfast area with butler’s pantry featuring a U-Line wine fridge, sink and glass front cabinets. The adjoining mudroom and laundry has additional cabinet storage and an energy efficient Maytag washer and dryer. Just off the kitchen, the family room is a cozy spot with built in book cases flanking the fireplace.

The traditional living room flows into the kitchen and dining room with door to the screened in porch, making the home ideal for entertaining and daily living. Wood floors, recessed lighting, architectural details and stylish decor add appeal.

Upstairs the master suite includes an updated bathroom, walk in closet, sitting area in the bedroom and wood floors. The renovated hall bathroom has a double sink vanity and custom tile in the bathtub surround. Three large bedrooms complete the floor.

The lower level was re-designed to open the space for a big rec room. Built-in desks and bookcases center the room and a door leads to the back yard. The fifth bedroom and new bathroom on this level are perfect for an au pair, in-law or pampered guest. A big storage room is also on this level.

Important upgrades include a new large capacity electric panel with whole-home surge protector and an emergency generator sub-panel. Carrier Infinity 4-ton, 16 SEER air conditioning and Carrier Infinity 96% two-stage gas furnace and Carrier thermostat. An A.O. Smith 50 gallon pro max power vent water heater ensures comfort.

The home is encircled by a new black wrought iron fence and features a refurbished detached garage. New landscaping and stone patio highlight the sunny, level back yard.

Walk to Big Walnut Park, Lacey Woods Park, library, farmer’s market and ART bus to Ballston Metro. Nottingham Elementary, Swanson Middle School and Yorktown High School are nearby.

All the work has been done — nothing to do but move in and enjoy!

Listed by:
Betsy Twigg
Associate Broker, Licensed in Virginia
McEnearney Associates
4720 Lee Highway
Arlington, Va 22207
703-967-4391
[email protected]
betsytwigg.com

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 licensed broker Aaron Seekford of Arlington Realty, Inc. GET MORE out of your real estate investment with Aaron and his team by visiting www.arlingtonrealtyinc.com or calling 703-836-6116 today!

Please note: While Aaron Seekford provides this information for the community, he may not be the listing agent of these homes.

Happy World Party Day!

It’s April 3 and that means you can party your tail off as hard as you want. Okay, so maybe it’s wise to hold your wildness until after work, but still. Enjoy it.

Let’s give you another reason to party here in Arlington. In addition to Arlington already being named the No. 1 city to live in America in 2019, let’s zoom in to another accolade that that affects us all.

The 2019 County Health Ranking Report just came out, outlining how healthy residents are and providing a better understanding of what impacts how long residents will live. The report took into account such factors as access to healthy foods, rates of smoking and obesity and high school graduation rates.

Arlington is the No. 2 healthiest county in the Commonwealth in Virginia, with our friends in Loudon taking home No. 1.

So, let’s keep up the healthiness, my fellow Arlingtonians and here’s to good health for all!

When you’re ready to explore owning a home of your own in our award-winning community, our team is always ready to help you GET MORE out of your transaction.

As of April 2, there are 143 detached homes, 17 townhouses and 88 condos for sale throughout Arlington County. In total, 20 homes experienced a price reduction in the past week:

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 Aaron Seekford.

Life Takes Up Space — Let It

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Step into modern living at Eisenhower Square in the heart of Carlyle and Eisenhower.

Space and convenience in the D.C. metro area are hard to imagine, let alone to find. Make your move now into this red-hot residential district just minutes from the future home of Amazon’s HQ2 campus in Crystal City/Future National Landing.

Life outside city limits can offer an urban feel with the added benefits of more green space, more square footage and more tranquility, all without sacrificing the excitement and accessibility of city life.

Spacious floor plans feature light-soaked open living areas, private bedroom retreats and rooftop terraces for entertaining under the stars. Designer-selected upgrades, floor-to-ceiling windows and GE Monogram appliances fill the 2,300+ square feet of living space.

For those on a shorter timeline, Eisenhower Square has several quick move-in options designed for buyers looking to move into their new dream home faster.

It is possible to live in the D.C. metro area, in a place you love, with the space you want and close to the places you need to be. Make the home your own when you choose from a wide selection of design options to reflect your life and style.

Visit Eisenhower Square to discover what luxury life in Alexandria is like, and all the space you’ll have to live it. Eisenhower Square is one of many communities built by Toll Brothers, the nation’s leading builder of luxury homes currently operating in 22 states nationwide.

With home designs starting in the $800,000’s, our community sales center is open Sunday and Monday 1-6 p.m. and Tuesday — Saturday 11 a.m.-6 p.m. to help you discover your dream home.

Ask Eli: Introducing Arlington’s Newest Condos, 2000 Clarendon

By ARLnow.com Sponsor

This regularly-scheduled sponsored Q&A column is written by Eli Tucker, Arlington-based Realtor and Rosslyn resident. Please submit your questions to him via email for response in future columns. Enjoy!

Question: Do you have any details in the new condos being built in Courthouse at 2000 Clarendon?

Answer: The Arlington market has been delivering about one new condo building per year over the last 8 years and will continue that trend with the introduction of 87 luxury condos at 2000 Clarendon, in the Courthouse neighborhood. Currently a hole in the ground, limited access pre-sales will start this week, with a projected delivery of spring 2020.

Broad Range of Size and Style

38 total 1 BR/1 BA units range in size from 627 sq. ft. to 739 sq. ft., priced from the upper $400s to mid $500s. The next jump is to a 1 BR +Den with 1.5 BA at 830 sq. ft., with 12 units starting in the upper $500s.

The most popular units, and fastest to sell, will likely be the 2 BR/2 BA options, of which there are 31, ranging in price and size from the upper $600s to low $800s and 973 sq. ft. to 1,076 sq. ft., respectively.

There are two 2 BR/2.5 BA floorplans, just six total units, with 1,362 sq. ft. and 1,739 sq. ft. Based on the floor plans I’ve seen, the dens are legitimate/legal 3rd bedrooms. These units are being offered from $1.1M to over $1.4M and are located only on the top three floors (Sky Suites).

All units include one garage parking space. Additional parking and private storage are available for purchase.

Given current market conditions, I think the 2 BR/2 BA units are the best value at these prices. However, I expect all floor plans to be in high demand. Over the last three years, there has been an average of 28 two-bedroom condos and 23 one-bedroom condos for sale in April in the 22201 zip code.

As of April 1 2019, there are only 11 two-bedrooms condos and 7 one-bedroom condos for sale in the 22201 zip code.

Below are some highlights of the unit designs and options:

  • Concrete construction between all units (very quiet and rare for newer buildings)
  • Owners can customize their units from a selection of wide plank hardwood flooring, quartz countertops and cabinetry
  • Chefs will be pleased to hear the building will have gas cooking
  • Hardwood throughout the living areas and bedrooms is standard (no carpet anywhere)
  • Most units have floor-to-ceiling windows, all have windows heights of 7′ or more
  • About 70% of the units have a private balcony or terrace
  • Floors 1-11 will have 10′ ceilings (9′ is standard in most condos so you’ll notice a difference)
  • Floors 12-14 are Sky Suites and have 12′ ceilings with an upgraded appliance package
  • Floors 1, 3, 6 and 9 are “loft style” with exposed ductwork, piping and columns which
    provides for additional ceiling height

Luxury Amenities, Modest Fees

I’ve been pretty disappointed in the bland exterior design of some recent condo and apartment buildings along the R-B Corridor, but kudos to the builder, The Bush Companies, for spending on improved architectural design and materials to make this building look sleek and modern.

While condo fees are not finalized, the projected fees are quite reasonable compared to the rest of the market. 1 BRs top out at $350/mon and the 2 BRs at $500/mon.

This is well below the average for one-and two-bedroom condos in Arlington. Owners will have access to amenities including:

  • Two-level cascading pool & sun deck
  • Rooftop terrace with Monument, Georgetown and city skyline views
  • Rooftop club room including kitchen and entertainment space
  • First floor fitness center with outdoor terrace

Who Is Building 2000 Clarendon?

The Bush Companies is the developer/builder of 2000 Clarendon. The firm has developed and built seven condo and apartment buildings with over 2,100 total units in Arlington including well-known communities Station Square (Clarendon), Lexington Square (Virginia Square), The Park at Courthouse (Courthouse) and Windsor Plaza (Ballston).

In the District, the firm developed 2020 Lofts in the U Street Corridor and many other projects dating back as far as the early 50’s. Currently, in addition to 2000 Clarendon, the firm is nearing completion of The Lexicon in the
NoMa neighborhood of Washington D.C.

If you’re interested in learning more about 2000 Clarendon including access to floorplans, finishes and pricing or would like to reserve a unit during the limited access pre-sale period please email me at [email protected].

If you’d like a question answered in my weekly column, please send an email to [email protected]. To read any of my older posts, visit the blog section of my website at www.EliResidential.com. Call me directly at (703) 539-2529.

Eli Tucker is a licensed Realtor in Virginia, Washington DC, and Maryland with Real Living At Home, 2420 Wilson Blvd #101 Arlington, VA 22201, (202) 518-8781.

Video: Trees Are Good For Your Wallet

By ARLnow.com

Arlington County is making the case, in a recently published video, that trees make good economic sense for residents.

For one, “homes on tree lined streets, versus streets that have no trees on them, sell faster and for more than homes” without trees, according to local real estate agent Eli Tucker, who also pens a sponsored real estate column on ARLnow.

Trees can increase a home’s value by 15 percent, Tucker said.

Another reason for keeping a tree canopy around your house: mature trees can help reduce the risk of flooding and can save on heating and air conditioning costs — to the tune of an up to 25 percent savings on energy costs.

The video was created by Arlington TV, the county government’s video production arm and cable channel.

Open Houses in Arlington This Weekend

By ARLnow.com Sponsor

Looking for a home? There are plenty of houses and condos open for viewing this weekend.

Check out the Arlington Realty website for a full list of homes for sale and open houses in Arlington. Here are a few highlights:

2324 N. Quebec Street
5 BR/5 BA, 1 half bath single-family home
Agent: Rlah Real Estate
Listed: $1,900,000
Open: Saturday 2-4 p.m.

 

1401 N. Oak Street #305
4 BR/2 BA, 1 half bath condo
Agent: Ttr Sothebys International Realty
Listed: $995,000
Open: Sunday 1-4 p.m.

 

1200 Crystal Drive #1212
2 BR/2 BA condo
Agent: Mcenearney Associates, Inc
Listed: $839,000
Open: Sunday 2-4 p.m.

 

1205 N. Quincy Street
4 BR/2 BA single-family home
Agent: Weichert Realtors
Listed: $729,000
Open: Sunday 2-4 p.m.

 

1021 N. Garfield Street #445
1 BR/1 BA condo
Agent: Century 21 Redwood Realty
Listed: $489,900
Open: Saturday 1-3 p.m.

 

4232 32nd Street S.
2 BR/1 BA condo
Agent: Whooway Properties, Inc
Listed: $385,000
Open: Sunday 1-4 p.m.

 

1830 Columbia Pike #215
1 BR/1 BA condo
Agent: Keller Williams Fairfax Gateway
Listed: $200,000
Open: Sunday 2-3 p.m.

Just Listed in Arlington

By ARLnow.com Sponsor

Just Listed highlights Arlington properties that just came on the market within the past week. This feature is written and sponsored by Team Cathell, “Your Orange Line Specialists.”

It’s hard to know what motivated buyers more this week, the wonderful warmer weather or the awesome news about mortgage rates.

Either way, buyers were out in force ratifying 61 contracts on all kinds of homes in all price ranges. Of the homes that sold, some 23 were gone in less than a week indicating we still have high demand and low inventory.

Only 57 sellers listed their homes this week. Frankly I would have expected many more fresh listings in this peak spring market. Currently, Arlington has only one month of inventory. Nationally, the average is 3.5 months of inventory.

Also, this week’s average sales price of those homes that sold jumped to an astonishing $842,601. Typically, through the fall of last year the average sales price hovered around $645,000.

Buyers got great news this week as mortgage rates dropped to 4%-4.125% for a 30-yr fixed rate. That’s the lowest rate since fall of 2017. Investors, nervous about the global economic slowdown, moved their capital into safe 10-yr U.S. Treasury bonds which drove down the yield. Long-term mortgage rates are influenced by 10-yr T bonds.

There were first reports this week of a slowdown in some real estate markets across the U.S. Suddenly bidding wars disappeared. Arlington’s market is still on fire, however, and buyers are competing over the best selections from new inventory.

Buyers want homes in updated condition and locations that fit their lifestyle meaning close to public transportation, their job, shopping or children’s schools.

Click to see all the fresh new inventory in MRIS and call Team Cathell (703-975-2500) when you find a home you like.

Boring Title: Real Estate Events You Can’t Miss

By ARLnow.com Sponsor

Title insurance is boring, but Allied Title & Escrow is here to decode the jargon and make it (somewhat) more interesting. This biweekly feature will explore the mundane (but very necessary!) world of title insurance while sharing interesting stories of two friends’ entrepreneurial careers.

In today’s Boring Title video we discuss 2 great events coming up in the next two weeks.

Both have amazing content about data on DMV’s real estate industry and Amazon’s effect. If you have an interest in the luxury real estate market, you can’t miss the April 11 event!

If you want to learn more or to register (Both are free) then click the links below.

Have questions related to title insurance? Email Latane and Matt at [email protected]. Want to use Allied Title & Escrow when you buy a home? Tell your agent when you buy a house to write in Allied Title & Escrow as your settlement company!

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