Seller's Agent in 2024
Michelle Doherty
Real Living at Home
(703) 501-1364
2 in this area
178 Total Sales
331 S Wayne St Arlington, VA 22204
Penrose NeighborhoodEstimated Value: $677,000 - $758,203
2
Beds
2
Baths
1,671
Sq Ft
$422/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- 1 Fireplace
- Central Heating and Cooling System
- Thomas Jefferson Middle School Rated A-
- No HOA
- 3-minute walk to Penrose Park
About This Home
As of November 2024Discover the property you've been waiting for! This rare expanded 2-bedroom, 2-bathroom duplex spans three levels in the vibrant heart of Penrose. Step inside to find an abundance of natural light and stunning hardwood floors that lead to the spacious dining area and generously upgraded kitchen—designed for optimal functionality. The open-concept layout seamlessly connects to the family room, featuring recessed lighting and a cozy gas fireplace, perfect for unwinding or entertaining. Upstairs, the Primary Bedroom impresses with a dedicated workspace/sitting area, in-unit laundry, ample closet space, and a luxurious bathroom that will delight even the most discerning buyer. The second bedroom offers unique access to a charming third-level flex space, ideal for kids or as a versatile hangout. Conveniently located just minutes from Penrose Park, Starbucks, Giant, Columbia Pike, Ft. Myer, Clarendon, and D.C., this property is a must-see!
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $7,235
Year Built
- Built in 1940
Lot Details
- 2,750 Sq Ft Lot
Home Design
- Semi-Detached or Twin Home
- Colonial Architecture
- Brick Exterior Construction
Interior Spaces
- 1,671 Sq Ft Home
- Property has 3 Levels
- 1 Fireplace
- Crawl Space
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Parking
- 1 Parking Space
- 1 Driveway Space
Utilities
- Central Heating and Cooling System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Penrose Subdivision
Listing and Financial Details
- Tax Lot 120
- Assessor Parcel Number 24-030-016
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 11, 2024
Closed on
Nov 7, 2024
Sold by
Masterton Mark A and Coughlin Erika L
Bought by
Montano Thomas John and Madden Kieran Alexandra
Seller's Agent
Michelle Doherty
RLAH @properties
Buyer's Agent
Courtney Draper
Coldwell Banker Realty
List Price
$715,000
Sold Price
$695,000
Premium/Discount to List
-$20,000
-2.8%
Total Days on Market
26
Views
218
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,801
Avg. Annual Appreciation
1.04%
Original Mortgage
$695,000
Outstanding Balance
$692,946
Interest Rate
6.08%
Mortgage Type
VA
Estimated Equity
$5,357
Purchase Details
Listed on
Feb 12, 2016
Closed on
Mar 9, 2016
Sold by
Godbout Gregory G and Godbout Colleen
Bought by
Masterton Mark A and Coughlin Erika L
Seller's Agent
Michael Webb
RE/MAX Allegiance
Buyer's Agent
Michael Webb
RE/MAX Allegiance
List Price
$525,000
Sold Price
$525,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.30%
Original Mortgage
$393,750
Interest Rate
3.72%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 14, 2002
Sold by
Ragland Carla
Bought by
Godbout Gregory
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,150
Interest Rate
6.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 16, 1997
Sold by
Singh + Philip
Bought by
Ragland Carla R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,050
Interest Rate
8.12%
Mortgage Type
FHA
Purchase Details
Closed on
Jul 22, 1996
Sold by
Sec Of Hud
Bought by
Ragland Carla R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,350
Interest Rate
8.28%
Purchase Details
Closed on
Apr 13, 1995
Sold by
Navas Luis F
Bought by
Sec Of Hud
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Montano Thomas John | $695,000 | Fidelity National Title | |
| Masterton Mark A | $525,000 | Stewart Title & Escrow Inc | |
| Godbout Gregory | $205,000 | -- | |
| Ragland Carla R | $52,150 | Island Title Corp | |
| Ragland Carla R | $93,177 | -- | |
| Sec Of Hud | $82,728 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Montano Thomas John | $695,000 | |
| Previous Owner | Masterton Mark A | $393,750 | |
| Previous Owner | Godbout Gregory G | $335,000 | |
| Previous Owner | Godbout Gregory | $59,000 | |
| Previous Owner | Godbout Gregory G | $325,000 | |
| Previous Owner | Godbout Gregory G | $295,000 | |
| Previous Owner | Godbout Gregory G | $377,000 | |
| Previous Owner | Godbout Gregory | $211,150 | |
| Previous Owner | Sec Of Hud | $97,050 | |
| Previous Owner | Sec Of Hud | $90,350 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/07/2024 11/07/24 | Sold | $695,000 | 0.0% | $416 / Sq Ft |
| 10/02/2024 10/02/24 | Price Changed | $695,000 | -2.8% | $416 / Sq Ft |
| 09/11/2024 09/11/24 | For Sale | $715,000 | +36.2% | $428 / Sq Ft |
| 03/21/2016 03/21/16 | Sold | $525,000 | 0.0% | $276 / Sq Ft |
| 02/18/2016 02/18/16 | Pending | -- | -- | -- |
| 02/12/2016 02/12/16 | For Sale | $525,000 | -- | $276 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $7,235 | $700,400 | $470,000 | $230,400 |
| 2023 | $6,897 | $669,600 | $460,000 | $209,600 |
| 2022 | $6,745 | $654,900 | $440,000 | $214,900 |
| 2021 | $6,375 | $618,900 | $404,000 | $214,900 |
| 2020 | $5,935 | $578,500 | $363,600 | $214,900 |
| 2019 | $5,508 | $536,800 | $313,100 | $223,700 |
| 2018 | $5,302 | $527,000 | $303,000 | $224,000 |
| 2017 | $4,891 | $486,200 | $277,800 | $208,400 |
| 2016 | $3,605 | $363,800 | $265,600 | $98,200 |
| 2015 | $3,467 | $348,100 | $254,500 | $93,600 |
| 2014 | $3,279 | $329,200 | $242,400 | $86,800 |
Source: Public Records
Agents Affiliated with this Home
-
Michelle Doherty
-
Courtney Draper
Buyer's Agent in 2024
Courtney Draper
Coldwell Banker (NRT-Southeast-MidAtlantic)
(201) 674-6425
1 in this area
45 Total Sales
-
Michael Webb
Seller's Agent in 2016
Michael Webb
RE/MAX
(703) 624-8284
6 in this area
191 Total Sales
-
Claudia Webb
Seller Co-Listing Agent in 2016
Claudia Webb
RE/MAX
(703) 926-6942
6 in this area
144 Total Sales
Map
Similar Homes in Arlington, VA
Source: Bright MLS
MLS Number: VAAR2048100
APN: 24-030-016
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