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4801 Lee Highway

4801 Lee Highway, Arlington, VA 22207
Property in Old Dominion
Local assessors in Arlington, VA have categorized 4801 Lee Highway as a commercial type of property. The home was built in 1947 and is 77 years old. The property's lot size has been calculated to be 9,948 square feet.

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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 4801 Lee Highway was last sold in Aug 26, 2004 for $1,480,600. According to our calculations, that's $200.32 per sqft. Prior to that sales transaction, the property was sold for $975,000 in Jan 1, 1970. Current property owners are expected to pay $24,695 in taxes per year. The property on 4801 Lee Highway was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,138,100. To break that down further, the land itself was valued at $712,200. While improvements to the property were assessed at a total of $1,425,900. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,948
  • Total Building Area: 7,391
  • Gross Building Area: 7,391
  • Building Area: 7,391
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Land Acres: 0.228
  • Standard Land Use Code: Retail stores (personal services, photography, travel)
  • Legal Description 1: PT LTS 1 2 BK 12 SEC 2 LEE HTS 9948 SQ FT

Ownership

  • Current Owner : CHEN CHIN-SUNG
  • Previous Owner : MERCHACQ 2 LLC
  • Owner Before Previous Owner: MERCHANTS INC
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Arlington County Public Schools
  • Census Tract: 100500

Zoning

  • Zoning: C-2

Geography

  • Assessors Map Reference: 042-02
  • Parcel: 05-038-011
  • Latitude: 38.8973
  • Longitude: -77.1251

    Address

  • Full Address: 4801 Langston Blvd
  • Address - House Number: 4801
  • Address - Street Name: Langston
  • Address - Suffix Type: Blvd
  • State: VA
  • City Name: Arlington
  • Carrier Code: C005
  • 4-Digit Zip Code: 2509
  • Zip Code: 22207

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $24,695

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,000,000
  • First Open Lien Mortgage Lender: VIRGINIA COMMERCE BANK
  • First Open Lien Mortgage Recording Date: Aug 27, 2004
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $1,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $2,138,100
  • Market Land Value: $712,200
  • Market Improvement Value: $1,425,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,138,100
  • Assessed Land Value: $712,200
  • Assessed Improvements Value: $1,425,900

    Sales

  • Current Sale Contract Date: Aug 26, 2004
  • Current Sale Recording Date: Aug 27, 2004
  • Current Sale Transaction ID: 1020719490
  • Current Sale Price: $1,480,600
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Dec 29, 2003
  • Previous Sale Amount: $975,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: VIRGINIA COMMERCE BANK
  • First Mortgage Transaction Date: Aug 27, 2004
  • First Mortgage Loan Amount: $1,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Old Dominion



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Frequently Asked Questions

What neighborhood is 4801 Lee Highway located in?
The 4801 Lee Highway is a located in the neighborhood of Old Dominion in Old Dominion, Arlington.
What is the average sales price for listings in 4801 Lee Highway?
The average sales price for units in 4801 Lee Highway is $0 currently.

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