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5029 22nd Street South

5029 22nd Street South, Arlington, VA 22206
House in Claremond
Sold Jun 05, 2020
$870,000
$696,000 by Ameris Bank
Mortgage
Sold Feb 24, 2020
$525,000
$540,000
Mortgage
Local assessors in Arlington, VA have categorized 5029 22nd Street South as a residential type of property. The home was built in 1947 and is 77 years old. It was most recently renovated and altered in 1967. The property's lot size has been calculated to be 6,000 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 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 5029 22nd Street South has a total of 1,326 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 221 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 240 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a porch and a patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 roof that is made of composition shingle. Lots of a combination of material were used in the construction of the exterior walls of the home. Residents rely on central 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, 5029 22nd Street South sold most recently in Jun 5, 2020 for a total of $870,000. If you work out the math, that's approximately a cost of $656.11 per sqft. Before that, the property was also sold for $525,000 in Feb 18, 2020. 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 $8,765 in taxes each year. 5029 22nd Street South was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $851,000. If we break it down further, the land itself was valued at $545,000. Improvements to the property, however, were assessed at a total of $306,000. 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

Exterior

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

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1967
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C+
  • Exterior Walls Type: Combination
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 221
  • Garage Type: Detached
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 6,000
  • Total Building Area: 1,326
  • Building Area: 1,326
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 1,326
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CLAREMONT DEVELOPMENT CORP
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Motor vehicles (cars, trucks, etc.)
  • Legal Description 1: LT 122 SEC 2 CLAR DEV CORP 6000 SQ FT

Ownership

  • Current Owner : LEEN MICHAEL
  • Current Owner 2: LEEN ASHLEY
  • Previous Owner : WILSON JAMES ALEXANDRE
  • Owner Before Previous Owner: MCFARLAND CHARLES ERIC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Arlington County Public Schools
  • Census Tract: 102802

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: 093-01
  • Parcel: 28-019-027
  • Latitude: 38.844
  • Longitude: -77.1084

    Address

  • Full Address: 5029 22nd St S
  • Address - House Number: 5029
  • Street Segment Direction: S
  • Address - Street Name: 22nd
  • Address - Suffix Type: St
  • State: VA
  • City Name: Arlington
  • Carrier Code: C014
  • 4-Digit Zip Code: 1002
  • Zip Code: 22206

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,765

    Appraisal Valuation

  • Standard Deviation: 0.1277
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 85
  • Final Value: 1,012,633
  • High Value: 1,142,038
  • Low Value: 883,228

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $696,000
  • First Open Lien Mortgage Lender: AMERIS BANK
  • First Open Lien Mortgage Recording Date: Jun 05, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $696,000
  • 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: $851,000
  • Market Land Value: $545,000
  • Market Improvement Value: $306,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $851,000
  • Assessed Land Value: $545,000
  • Assessed Improvements Value: $306,000

    Sales

  • Current Sale Contract Date: Jun 05, 2020
  • Current Sale Recording Date: Jun 05, 2020
  • Current Sale Transaction ID: 11767798708
  • Current Sale Price: $870,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20200100012658
  • Previous Sale Recording Date: Feb 24, 2020
  • Previous Sale Contract Date: Feb 18, 2020
  • Previous Sale Amount: $525,000
  • Previous Sale Document Type: Deed of Distribution

    Last Sale Mortgage

  • First Mortgage Lender: AMERIS BANK
  • First Mortgage Transaction Date: Jun 05, 2020
  • First Mortgage Loan Amount: $696,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Transaction Date: Feb 24, 2020
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $540,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Claremond



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Frequently Asked Questions

What neighborhood is 5029 22nd Street South located in?
The 5029 22nd Street South is a house located in the neighborhood of Claremond in Claremond, Arlington.
What is the average sales price for listings in 5029 22nd Street South?
The average sales price for units in 5029 22nd Street South is $829,900 , or $410/sqft. currently.

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