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.
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.
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.
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?
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.
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."
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.
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.