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2511 South Grant Street

2511 South Grant Street, Arlington, VA 22202
Property in Aurora Highlands
Sold Jun 02, 2021
$950,000
$760,000 by Amerisave Mortgage Corp
Mortgage Due Jun 01, 2036
Local assessors in Arlington, VA have categorized 2511 South Grant Street as a residential type of property. The home was built in 1927 and is 97 years old. It was most recently renovated and altered in 1955. The property's lot size has been calculated to be 6,612 square feet. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2511 South Grant Street has a total of 2,116 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Do you like to entertain? The home has a patio so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with brick control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C+. The building has a gable style roof that was made of composition shingle. Lots of brick veneer were used in the construction of the exterior walls of the home. Residents rely on no air conditioning for their cooling system. The home's a hot water heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2511 South Grant Street sold most recently in May 27, 2021 for a total of $950,000. If you work out the math, that's approximately a cost of $448.96 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $11,046 in taxes each year. 2511 South Grant Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,072,400. If we break it down further, the land itself was valued at $790,000. Improvements to the property, however, were assessed at a total of $282,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1955
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Brick
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 6,612
  • Total Building Area: 2,116
  • Building Area: 2,116
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Hot water
  • Heated Square Feet: 2,116
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: AURORA HILLS SEC 1
  • Land Acres: 0.152
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Motor vehicles (cars, trucks, etc.)
  • Legal Description 1: LT 25 BK 8 SEC 1 AURORA HILLS 6612 SQ FT

Ownership

  • Current Owner : LACEY MICHAEL
  • Current Owner 2: RYAN MICHELLE LOUISE
  • Previous Owner : RIMRODT LOUIS KAY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Arlington County Public Schools
  • Census Tract: 103601

Zoning

  • Zoning: R-5

Geography

  • Assessors Map Reference: 085-07
  • Parcel: 36-049-001
  • Latitude: 38.851
  • Longitude: -77.0572

    Address

  • Full Address: 2511 S Grant St
  • Address - House Number: 2511
  • Street Direction: S
  • Address - Street Name: Grant
  • Address - Suffix Type: St
  • State: VA
  • City Name: Arlington
  • Carrier Code: C020
  • 4-Digit Zip Code: 2540
  • Zip Code: 22202

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,046

    Appraisal Valuation

  • Standard Deviation: 0.1532
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 81
  • Final Value: 1,128,459
  • High Value: 1,301,351
  • Low Value: 955,568

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $760,000
  • First Open Lien Mortgage Lender: AMERISAVE MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jun 02, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $760,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2036

    Market Valuation

  • Market Total Value: $1,072,400
  • Market Land Value: $790,000
  • Market Improvement Value: $282,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,072,400
  • Assessed Land Value: $790,000
  • Assessed Improvements Value: $282,400

    Sales

  • Current Sale Contract Date: May 27, 2021
  • Current Sale Recording Date: Jun 02, 2021
  • Current Sale Transaction ID: 11839664274
  • Current Sale Price: $950,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210100019986

    Last Sale Mortgage

  • First Mortgage Lender: AMERISAVE MORTGAGE CORP
  • First Mortgage Transaction Date: Jun 02, 2021
  • First Mortgage Loan Amount: $760,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2036

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 2511 South Grant Street located in?
The 2511 South Grant Street is a located in the neighborhood of Aurora Highlands in Aurora Highlands, Arlington.
What is the average sales price for listings in 2511 South Grant Street?
The average sales price for units in 2511 South Grant Street is $0 currently.

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