Another example of runaway prices in Arlington

Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:There was no arms-length sale in 2024. One person added someone to the title and for whatever reason, put in a sales price of $1.06 million. Arlington flagged that this was not a market sale.


Owners changed entirely when it sold in 2024 re: Arlington property records. Looks like may have been a pocket listing. You can put 2 and 2 together via the listing agent and owners.


Incorrect. You're looking at 2023, which was another nonmarket sale that got marked with a $0 price. In 2024, that was the $1.06 million price that involved the property bring retitled from person A, to persons A+B. There has been no arms length sale of this property since 1995.

BTW, pocket listings are arms-length transactions, so they would not received the "not a market sale" designation from the county.


Looks like the owner or listing agent popped in to clarify things since none of this is specified in county records.


It's all there. Just go to https://propertysearch.arlingtonva.us/. You shouldn't trust property history on homes.com, zillow, redfin, etc., because they'll often get it wrong or omit relevant details such as a transaction not being arms length, as was the case for this property in 2024.


I started with the county portal, and again, the details shared above are not in the portal / supported by county records. One thing you said is correct and 2/3 are incorrect. I’m assuming you’re the owner(s) or agent since you’re doubling down when the records say otherwise.

Good luck with the sale, should still sell well given location.


New poster. I don't know what you're looking out, but it's crystal clear on the portal that the entry for 2024 is "not a market sale."
Anonymous
The layout is terrible. The location is good. I don’t see this going for that price.
Anonymous
Anonymous wrote:
Anonymous wrote:Bought for a little under $1.1M in 2024 and listed for $1.5M under 2 years later (with what looks like minimal work done). That's 36% appreciation in under 2 years. Wow!

https://www.homes.com/property/425-n-norwood-st-arlington-va/y817f3m4e71j2/


While the property sales prices/listing price shows a 36% increase, the investment returnshould be dramatically higher as the owner/investor would have invested only about one-third (33.3%) of the sales price of $1.1 million (includes down payment & Reno budget). So probably will generate closer to 100% rate of return to the seller.


Sure, because the seller got a sweetheart deal in 2024. It wasn't a house that was offered to the public at that time, so nothing about this is replicable. Arlington homes have not risen in price by 36% in the past two years, but it's cute that anyone would believe that.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:There was no arms-length sale in 2024. One person added someone to the title and for whatever reason, put in a sales price of $1.06 million. Arlington flagged that this was not a market sale.


Owners changed entirely when it sold in 2024 re: Arlington property records. Looks like may have been a pocket listing. You can put 2 and 2 together via the listing agent and owners.


Incorrect. You're looking at 2023, which was another nonmarket sale that got marked with a $0 price. In 2024, that was the $1.06 million price that involved the property bring retitled from person A, to persons A+B. There has been no arms length sale of this property since 1995.

BTW, pocket listings are arms-length transactions, so they would not received the "not a market sale" designation from the county.


Looks like the owner or listing agent popped in to clarify things since none of this is specified in county records.


It's all there. Just go to https://propertysearch.arlingtonva.us/. You shouldn't trust property history on homes.com, zillow, redfin, etc., because they'll often get it wrong or omit relevant details such as a transaction not being arms length, as was the case for this property in 2024.


I started with the county portal, and again, the details shared above are not in the portal / supported by county records. One thing you said is correct and 2/3 are incorrect. I’m assuming you’re the owner(s) or agent since you’re doubling down when the records say otherwise.

Good luck with the sale, should still sell well given location.


New poster. I don't know what you're looking out, but it's crystal clear on the portal that the entry for 2024 is "not a market sale."


That’s not the part I’m disputing but it’s irrelevant all things considered especially since I also own a SFH nearby and benefit from this selling well.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:There was no arms-length sale in 2024. One person added someone to the title and for whatever reason, put in a sales price of $1.06 million. Arlington flagged that this was not a market sale.


Owners changed entirely when it sold in 2024 re: Arlington property records. Looks like may have been a pocket listing. You can put 2 and 2 together via the listing agent and owners.


Incorrect. You're looking at 2023, which was another nonmarket sale that got marked with a $0 price. In 2024, that was the $1.06 million price that involved the property bring retitled from person A, to persons A+B. There has been no arms length sale of this property since 1995.

BTW, pocket listings are arms-length transactions, so they would not received the "not a market sale" designation from the county.


Looks like the owner or listing agent popped in to clarify things since none of this is specified in county records.


It's all there. Just go to https://propertysearch.arlingtonva.us/. You shouldn't trust property history on homes.com, zillow, redfin, etc., because they'll often get it wrong or omit relevant details such as a transaction not being arms length, as was the case for this property in 2024.


I started with the county portal, and again, the details shared above are not in the portal / supported by county records. One thing you said is correct and 2/3 are incorrect. I’m assuming you’re the owner(s) or agent since you’re doubling down when the records say otherwise.

Good luck with the sale, should still sell well given location.


New poster. I don't know what you're looking out, but it's crystal clear on the portal that the entry for 2024 is "not a market sale."


That’s not the part I’m disputing but it’s irrelevant all things considered especially since I also own a SFH nearby and benefit from this selling well.


What are you disputing, exactly? PPs are entirely correct about the non-arms length since 1995 per the Arlington County portal.

Incidentally, I know multiple people who live in Ashton Heights/Lyon Park area who tend to be highly opinionated and confidently wrong. Not sure why the concentration is so high right there.
Anonymous
Anonymous wrote:
Anonymous wrote:Good location walkable to lots of things. Great starter house.


A starter house for $1.5 million? How is this sustainable?


Trust funds
Anonymous
These old colonials have such odd layouts. Like for $1.5 million, you don’t even get a real dining room. You just get a little round table shoved into a corner. I wonder if this might be a teardown.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:There was no arms-length sale in 2024. One person added someone to the title and for whatever reason, put in a sales price of $1.06 million. Arlington flagged that this was not a market sale.


Owners changed entirely when it sold in 2024 re: Arlington property records. Looks like may have been a pocket listing. You can put 2 and 2 together via the listing agent and owners.


Incorrect. You're looking at 2023, which was another nonmarket sale that got marked with a $0 price. In 2024, that was the $1.06 million price that involved the property bring retitled from person A, to persons A+B. There has been no arms length sale of this property since 1995.

BTW, pocket listings are arms-length transactions, so they would not received the "not a market sale" designation from the county.


Looks like the owner or listing agent popped in to clarify things since none of this is specified in county records.


It's all there. Just go to https://propertysearch.arlingtonva.us/. You shouldn't trust property history on homes.com, zillow, redfin, etc., because they'll often get it wrong or omit relevant details such as a transaction not being arms length, as was the case for this property in 2024.


I started with the county portal, and again, the details shared above are not in the portal / supported by county records. One thing you said is correct and 2/3 are incorrect. I’m assuming you’re the owner(s) or agent since you’re doubling down when the records say otherwise.

Good luck with the sale, should still sell well given location.


New poster. I don't know what you're looking out, but it's crystal clear on the portal that the entry for 2024 is "not a market sale."


That’s not the part I’m disputing but it’s irrelevant all things considered especially since I also own a SFH nearby and benefit from this selling well.


What are you disputing, exactly? PPs are entirely correct about the non-arms length since 1995 per the Arlington County portal.

Incidentally, I know multiple people who live in Ashton Heights/Lyon Park area who tend to be highly opinionated and confidently wrong. Not sure why the concentration is so high right there.


Look at the mortgage records and the listing agent.
Anonymous
Other than the beautiful floors, the renovations didn't leave any older home charm.
Anonymous
Further sleuthing:

1. previous owner bought in 1995 with a partner
2. partner died fairly young in 1999 and he received house by right of survivorship
3. previous owner died in Jan 2023
4. estate transferred property to one current owner in June 2023
5. second transfer occurred in January 2024 but that may be because another owner was added to the title
6. June 2023 owner and possible January 2024 second owner were married in July 2025
7. These owners just bought a house in close in suburb for $1,400,000 in December 2025
They are trying to make a lateral move.

The breadcrumbs to follow:

Listing agent for Norwood St. who shares last name with one of the owners, sold a townhouse in Arlington to the same named person in 2021 and sold the house in close in suburb to same named person and wife in December 2025.
That agent is in a far exurb and would only schlepp to Arlington for a relative.

Other breadcrumbs: The Knot. If you a couple's names, you can find a lot on The Knot.
Anonymous
The listing agent is the team lead for the same agency that somehow bought a house on N Frederick in 22203 for $250K below list. At the time of sale the land alone was worth close to $1M but they got the entire property for $750K - while acting as the buyers and sellers agent.

Anonymous
Anonymous wrote:The listing agent is the team lead for the same agency that somehow bought a house on N Frederick in 22203 for $250K below list. At the time of sale the land alone was worth close to $1M but they got the entire property for $750K - while acting as the buyers and sellers agent.



* Should have said $250K below market value / recent comps, not list - it was already pending when it “hit the market”
Anonymous
People do everything to block measures like
missing middle and then proceed to complain about home prices increases. You’re blocking supply!!!!!!
Anonymous
Anonymous wrote:The listing agent is the team lead for the same agency that somehow bought a house on N Frederick in 22203 for $250K below list. At the time of sale the land alone was worth close to $1M but they got the entire property for $750K - while acting as the buyers and sellers agent.



Sounds like they are fleecing estates. Same thing has happened in our very desirable neighborhood in NW DC - a certain agent absolutely hoses estates and gets the property for a deep discount compared to FMV.
Anonymous
Neighborhood is next level amazing, walkable to freaking Ballston? Close-in Arlington is one of the top neighborhoods to live in the US.

I understand some of the gripes but I appreciate the tasteful brick family room addition. Ideally you’d pop the top of that and maybe have room for a true master suite.
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