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2601 South Lynn Street

2601 South Lynn Street, Arlington, VA 22202
Property in Arlington Ridge
Sold Oct 24, 2023
$1,080,000
$323,000 by Mclean Mortgage Corp
Mortgage Due Nov 01, 2036
2601 South Lynn Street in Arlington, VA was first built in 1923 and is 101 years old. Although, the building on the property was most recently renovated and altered in 1970. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 2601 South Lynn Street has 1,848 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 8,028 square feet.

Learn more about the property and building on this page. There is a open porch. The roof of the home is made of composition shingle. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood siding. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 2601 South Lynn Street sold most recently in Sep 19, 2023 for a total of $1,080,000. If you work out the math, that's approximately a cost of $584.42 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 $10,029 in taxes each year. 2601 South Lynn Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $973,700. If we break it down further, the land itself was valued at $787,100. Improvements to the property, however, were assessed at a total of $186,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Features

Building Style

Craftsman

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1970
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 8,028
  • Total Building Area: 1,848
  • Building Area: 1,848
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,848
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OAKCREST SEC 1
  • Land Acres: 0.184
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Motor vehicles (cars, trucks, etc.)
  • Legal Description 1: PT LT 6 BK 2 SEC 1 OAKCREST 8028.645 SQ FT

Ownership

  • Current Owner : TRUSTAR BANK
  • Previous Owner : TRUSTAR MORTGAGE LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Bank Owned
  • Vacant Flag Date: Nov 06, 2023

Neighborhood

  • School District Name: Arlington County Public Schools
  • Census Tract: 103700

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: 085-05
  • Parcel: 37-022-014
  • Latitude: 38.8499
  • Longitude: -77.0657

    Address

  • Full Address: 2601 S Lynn St
  • Address - House Number: 2601
  • Street Direction: S
  • Address - Street Name: Lynn
  • Address - Suffix Type: St
  • State: VA
  • City Name: Arlington
  • Carrier Code: C005
  • 4-Digit Zip Code: 2223
  • Zip Code: 22202

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,029

    Appraisal Valuation

  • Standard Deviation: 0.1552
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 80
  • Final Value: 1,236,828
  • High Value: 1,428,791
  • Low Value: 1,044,864

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $323,000
  • First Open Lien Mortgage Lender: MCLEAN MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Oct 13, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $323,000
  • 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: Nov 01, 2036

    Market Valuation

  • Market Total Value: $973,700
  • Market Land Value: $787,100
  • Market Improvement Value: $186,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $973,700
  • Assessed Land Value: $787,100
  • Assessed Improvements Value: $186,600

    Sales

  • Current Sale Contract Date: Sep 19, 2023
  • Current Sale Recording Date: Oct 24, 2023
  • Current Sale Transaction ID: 11915263672
  • Current Sale Price: $1,080,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 12400

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Frequently Asked Questions

What neighborhood is 2601 South Lynn Street located in?
The 2601 South Lynn Street is a located in the neighborhood of Arlington Ridge in Arlington Ridge, Arlington.
What is the average sales price for listings in 2601 South Lynn Street?
The average sales price for units in 2601 South Lynn Street is $0 currently.

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