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407 South Pershing Drive

407 South Pershing Drive, Arlington, VA 22204
Property in Barcroft
Sold Apr 28, 2009
$475,000
$331,000 by Highlands Residential Mortgage
Mortgage
Sold Oct 15, 2008
$598,730
407 South Pershing Drive 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 1975 and is 49 years old. However, we must point out that the home was most recently renovated and altered in 1990. The home has a total of 3 bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 407 South Pershing Drive has 1,590 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 580 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 6,645 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 a open porch. 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 wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The building has a gable style roof 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, 407 South Pershing Drive sold most recently in Mar 23, 2009 for a total of $475,000. If you work out the math, that's approximately a cost of $298.74 per sqft. Before that, the property was also sold for $598,730 in Sep 11, 2008. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $8,906 in taxes each year. 407 South Pershing Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $864,700. If we break it down further, the land itself was valued at $633,500. Improvements to the property, however, were assessed at a total of $231,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1975
  • Effective Year Built: 1990
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Exterior Walls Type: Combination
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 580
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,645
  • Total Building Area: 1,590
  • Building Area: 1,590
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,590
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NORTH BARCROFT
  • Land Acres: 0.153
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Motor vehicles (cars, trucks, etc.)
  • Legal Description 1: LOT 26-B-1 RESUB LT 26-B RESUB E. PT LT 26 NORTH BARCROFT 6,645 SQ FT

Ownership

  • Current Owner : MILLER COLBY R
  • Previous Owner : AURORA LOAN SERVS LLC
  • Owner Before Previous Owner: NECTAR PROJECTS INC TR
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Arlington County Public Schools
  • Census Tract: 102301

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: 073-05
  • Parcel: 23-012-018
  • Latitude: 38.8627
  • Longitude: -77.1104

    Address

  • Full Address: 407 S Pershing Dr
  • Address - House Number: 407
  • Street Direction: S
  • Address - Street Name: Pershing
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Arlington
  • Carrier Code: C015
  • 4-Digit Zip Code: 1309
  • Zip Code: 22204

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,906

    Appraisal Valuation

  • Standard Deviation: 0.1557
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 80
  • Final Value: 916,426
  • High Value: 1,059,151
  • Low Value: 773,701

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $331,000
  • First Open Lien Mortgage Lender: HIGHLANDS RESIDENTIAL MORTGAGE
  • First Open Lien Mortgage Recording Date: Jun 23, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $331,000
  • 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: $864,700
  • Market Land Value: $633,500
  • Market Improvement Value: $231,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $864,700
  • Assessed Land Value: $633,500
  • Assessed Improvements Value: $231,200

    Sales

  • Current Sale Contract Date: Mar 23, 2009
  • Current Sale Recording Date: Apr 28, 2009
  • Current Sale Transaction ID: 1051473560
  • Current Sale Price: $475,000
  • Current Sale Document Type: Special Warranty Deed
  • Previous Sale Recording Date: Oct 15, 2008
  • Previous Sale Contract Date: Sep 11, 2008
  • Previous Sale Amount: $598,730
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: PROSPECT MTG LLC
  • First Mortgage Transaction Date: Apr 28, 2009
  • First Mortgage Loan Amount: $417,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Barcroft



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Frequently Asked Questions

What neighborhood is 407 South Pershing Drive located in?
The 407 South Pershing Drive is a located in the neighborhood of Barcroft in Barcroft, Arlington.
What is the average sales price for listings in 407 South Pershing Drive?
The average sales price for units in 407 South Pershing Drive is $0 currently.

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