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2740 South Troy Street

2740 South Troy Street, Arlington, VA 22206
Sold Jul 16, 2021
$702,000
$561,600 by Prosperity Home Mortgage
Mortgage
Sold Dec 06, 2017
$545,000
2740 South Troy Street has been categorized by the local assessors in Arlington, VA as a residential type of property. The building on the property was first built in 1941 and is 83 years old. However, we must point out that the home was most recently renovated and altered in 1995. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2740 South Troy Street has 1,304 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 368 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 2,643 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying both a open porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with brick control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of a combination of material. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. 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, 2740 South Troy Street sold most recently in Jul 14, 2021 for a total of $702,000. If you work out the math, that's approximately a cost of $538.34 per sqft. Before that, the property was also sold for $545,000 in May 31, 2017. 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 $7,043 in taxes each year. 2740 South Troy Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $683,800. If we break it down further, the land itself was valued at $479,700. Improvements to the property, however, were assessed at a total of $204,100. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1995
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Brick
  • Exterior Walls Type: Combination
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 368
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 2,643
  • Total Building Area: 1,304
  • Building Area: 1,304
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,304
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LONG BRANCH PK
  • Land Acres: 0.061
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Aircraft
  • Legal Description 1: LT 18 SEC 1 LONG BRANCH PK 2643 SQ FT

Ownership

  • Current Owner : WEINBERG MARK
  • Current Owner 2: KRUG ERICA
  • Previous Owner : PHILPOTT ELIZABETH
  • Previous Owner 2: PHILPOTT RACHEL
  • Owner Before Previous Owner: SCHLACHTER MARK MATTHEW
  • Owner Before Previous Owner 2: SCHLACHTER ELIZABETH NICHOLS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Arlington County Public Schools
  • Census Tract: 103800

Zoning

  • Zoning: R2-7

Geography

  • Assessors Map Reference: 084-16
  • Parcel: 38-018-042
  • Latitude: 38.8452
  • Longitude: -77.0722

    Address

  • Full Address: 2740 S Troy St
  • Address - House Number: 2740
  • Street Direction: S
  • Address - Street Name: Troy
  • Address - Suffix Type: St
  • State: VA
  • City Name: Arlington
  • Carrier Code: C011
  • 4-Digit Zip Code: 2913
  • Zip Code: 22206

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,043

    Appraisal Valuation

  • Standard Deviation: 0.1289
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 85
  • Final Value: 764,590
  • High Value: 863,183
  • Low Value: 665,996

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $561,600
  • First Open Lien Mortgage Lender: PROSPERITY HOME MORTGAGE
  • First Open Lien Mortgage Recording Date: Jul 16, 2021
  • First Open Lien Mortgage Loan Amount: $561,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $683,800
  • Market Land Value: $479,700
  • Market Improvement Value: $204,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $683,800
  • Assessed Land Value: $479,700
  • Assessed Improvements Value: $204,100

    Sales

  • Current Sale Contract Date: Jul 14, 2021
  • Current Sale Recording Date: Jul 16, 2021
  • Current Sale Transaction ID: 11844778695
  • Current Sale Price: $702,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20210100025067
  • Previous Sale Recording Date: Dec 06, 2017
  • Previous Sale Contract Date: May 31, 2017
  • Previous Sale Amount: $545,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROSPERITY HOME MORTGAGE
  • First Mortgage Transaction Date: Jul 16, 2021
  • First Mortgage Loan Amount: $561,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 2740 South Troy Street located in?
The 2740 South Troy Street is a located in the neighborhood of Long Branch Creek in Long Branch Creek, Arlington.
What is the average sales price for listings in 2740 South Troy Street?
The average sales price for units in 2740 South Troy Street is $0 currently.

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