Arlington’s residential real estate assessments rose by 4.9 percent on average for 2015, but some of Arlington’s lowest-income neighborhoods, which can least afford the corresponding rise in property taxes, are experiencing the biggest spikes.
According to the trend map (left) provided by the county’s Department of Finance, the area hit hardest by the assessment rise was the southwestern-most part of the county, from Columbia Pike to the border with Alexandria (area 10).
The average assessment for this area rose 11 percent, from $362,527 to $402,404. Homes in this area were the least valuable on average in the county last year and, despite the $40,000 jump, are the least valuable this year. If the tax rate remains at around one dollar per $100 of assessed value, the owners of houses in this area will pay about $400 more on average this year than last year.
The area with the second-least valuable homes in the county is area 8, which includes the Columbia Heights West, Barcroft and Glencarlyn neighborhoods. The average assessment rose 9 percent in this area, from $388,215 to $423,115, or an average increase of about $350 in property taxes this year over last.
By contrast, the wealthiest area in Arlington — area 3 in the northernmost part of the county — experienced almost no rise in assessments. The average home was valued at $1,011,423 last year and $1,014,566 this year, a 0.3 percent increase.
The full list of changes, with area numbers corresponding to the above map:
- Area 1: $713,202 in 2014; $748,523 in 2015; 5.1 percent increase
- Area 2: $810,380 in 2014; $853,100 in 2015; 5.3 percent increase
- Area 3: $1,011,423 in 2014; $1,014,566 in 2015; 0.3 percent increase
- Area 4: $646,590 in 2014; $683,000 in 2015; 5.6 percent increase
- Area 5: $698,305 in 2014; $710,175 in 2015; 1.7 percent increase
- Area 6: $514,552 in 2014; $551,594 in 2015; 7.2 percent increase
- Area 7: $554,480 in 2014; $598,880 in 2015; 8.0 percent increase
- Area 8: $388,215 in 2014; $423,115 in 2015; 9.0 percent increase
- Area 9: $410,274 in 2014; $438,993 in 2015; 7.0 percent increase
- Area 10: $362,527 in 2014; $402,404 in 2015; 11.0 percent increase
- Area 11: $524,082 in 2014; $553,954 in 2015; 5.7 percent increase
The Washington Free Beacon, a conservative news website, is moving its headquarters from D.C. to Rosslyn.
The company, founded in February 2012, has signed a lease at 1000 Wilson Blvd, one of Rosslyn’s silver “twin towers.” About 25 employees are expected to move into the new office this spring, according to Free Beacon president Aaron Harison.
“I thought we were getting a lot more bang for our buck in Rosslyn,” Harison told ARLnow.com. The publication, described by its soon-to-be Rosslyn neighbor Politico as a “pot-stirring, hyper-conservative news and opinion site,” previously had offices on K Street NW in the District.
“We’re getting this great panoramic view of the whole city,” Harison said. “That’s something you don’t get in D.C.”
The Free Beacon recently transitioned from being a nonprofit organization, founded as a project of another conservative nonprofit, to being a for-profit entity. Harison said the new office will allow the publication to continue to grow.
“We really want to increase our footprint,” he said.
Harison, a Ballston resident, said the expanding Rosslyn restaurant and bar scene should help to ease the transition from D.C.
“We’re certainly going to be looking for a couple of new bars and restaurants to make our local haunts,” he said.
Rosslyn has become something of a minor media hub. Among the media organizations calling Rosslyn home are WJLA-TV, Politico, Washington Business Journal, ARLnow.com and Graham Holdings (owner of Slate, theRoot and Foreign Policy).
In addition to the Free Beacon, twin towers owner Monday Properties on Wednesday announced two other new leases at 1000 Wilson Blvd: Cobro Ventures, an investment and management company, and Riveron Consulting, a financial firm.
Monday will go before the Arlington County Board this weekend to seek permission to build a new roof deck on 1000 Wilson Blvd. That roof deck will be used by Sands Capital, an existing tenant, according to a spokeswoman.
Disclosure: Monday Properties is an ARLnow.com advertiser
Assessments county-wide rose 3.4 percent over 2014 values. The 4.9 percent rise in residential values (including condos, townhouses and single-family homes) was paired with a 4.7 percent rise in the assessments of existing apartment buildings.
Dragging down both was a 4.5 percent decline in existing office property assessments. Arlington County has been struggling with an office vacancy rate north of 20 percent.
“Arlington’s overall real estate market remains resilient,” Arlington County Manager Barbara Donnellan said in a statement. “The strength of our residential market balances the tremendous pressures we see in the office building market due to the effects of BRAC and regional competition.”
Real estate assessments are being mailed to all Arlington property owners today. The 2015 assessments will also be posted online and made available at 11:00 tonight.
Unless the Arlington County Board decides to lower the property tax rate, the rise in assessments will mean higher tax bills for homeowners. Either way, it should mean lower tax bills for commercial office building owners. Despite the rise in assessments, the county is still facing a multi-million dollar budget gap for its FY 2016 budget.
The full press release from Arlington County, after the jump.
Arlington Firms Among ‘Best Companies to Work For’ – Two Arlington-based companies have made the annual list of the top 50 small and medium-sized companies to work for . The 2015 list, compiled by employment website Glassdoor.com, ranks Ballston-based Evolent Health at No. 3 and Courthouse-based Opower at No. 25.
New Plan for Rosslyn Plaza — Vornado and Gould Property Co. have updated their redevelopment plan for Rosslyn Plaza, the series of aging buildings along N. Arlington Ridge Road between Wilson Blvd and 19th Street N. The development team is proposing 2.5 million square feet of new construction, including a total of five office and residential buildings, four acres of open space and a esplanade deck with views of D.C. and an outdoor ice rink in the winter. [Washington Business Journal]
Celtics Player Swings By The Italian Store — Celtics center Kelly Olynyk stopped by The Italian Store after losing to the Wizards in double-overtime on Monday. He posed for photos and even helped make sandwiches and pizzas. Olynyk isn’t the only pro athlete that has visited the Lee Highway store. Nene, of the Wizards, and Nationals stars Stephen Strasburg and Ryan Zimmerman have stopped by, as has NBA great John Stockton, who happens to be owner Bob Tramonte’s brother-in-law. [Washington Post]
ACFD Recruitment Starts Tomorrow — The Arlington County Fire Department’s biennial open recruitment period starts tomorrow. From Dec. 12-25 ACFD will accept applications for potential firefighter and EMT recruits. No experience is necessary. The county has also made a series of “Join the ACFD” videos for recruitment purposes. [Arlington County]
Arbour Realty Acquired By Md. Brokerage — Arbour Realty, the Ballston-based boutique real estate brokerage owned by “Ask Adam” columnist Adam Gallegos, has been acquired by Real Living At Home, a larger brokerage with office in Chevy Chase, Md. and Dupont Circle in D.C. Gallegos will hand over management responsibilities and continue as an agent with Real Living At Home. [Real Living At Home]
Flickr pool photo by Erinn Shirley
Morroy Announces Re-election Bid — Arlington Commissioner of Revenue Ingrid Morroy announced that she will be seeking re-election in 2015 at last night’s Arlington County Democratic Committee meeting. Morroy, who is recovering from recent hip replacement surgery, outlined her goals for a new term. The goals include returning property assessments to the Commissioner of Revenue’s office, thus bringing it under the supervision of an elected official who’s directly responsible to taxpayers.
Arlingtonian Running for UK Parliament — Arlington resident Sonia Klein, who was born in London, is running for a seat in the UK House of Commons. Klein, who’s affiliated with the Labour Party, can run because residency is not required to run for House of Commons seats. Klein has previously served as vice chair of precinct operations for the Arlington County Democratic Committee. [InsideNova]
Whipple Appointed to Board of Health — Gov. Terry McAuliffe has appointed former state Sen. Mary Margaret Whipple to the Virginia Board of Health. Whipple previously represented the 31st District, which includes Arlington, in the state Senate. [Commonwealth of Virginia]
New Cycletrack Proposed — Arlington County is proposing a sidewalk-level cycletrack along S. Walter Reed Drive to connect the W&OD Trail and the Four Mile Run Trail. However, some cyclists are concerned the cycletrack would be barely distinguishable from the adjacent sidewalk. [Greater Greater Washington]
Clarendon Office Building Sold — The recently-constructed office building at 3003 Washington Blvd in Clarendon has been sold. KBS Real Estate Investment Trust has reportedly agreed to purchase the building from Penzance Cos. for $146.8 million. The building is 95 percent leased to eight tenants. [GlobeSt, Washington Business Journal]
Flickr pool photo by Desiree L.C.
Crystal City and Rosslyn were big winners at the NAIOP Northern Virginia commercial real estate development awards yesterday.
Projects and transactions in the two Arlington communities accounted for nearly a third of the 25 awards given out by the organization last night. Adding to Arlington’s haul was one award for a building in Clarendon.
The Arlington winners included:
- Monument View in Crystal City — Best Real Estate Transaction – Sale, Award of Merit
- 1776 Wilson Boulevard in Rosslyn — Best Real Estate Transaction – Sale, Award of Excellence
- CEB Tower at Central Place in Rosslyn — Best Real Estate Transaction – Lease, Award of Merit
- WeWork in Crystal City – Best Real Estate Transaction – Lease, Award of Excellence
- Crystal Tech Fund in Crystal City — Best Interiors 0-14,999 SF, Award of Excellence
- Vornado/Charles E. Smith DesignLab in Crystal City — Best Project Marketing, Award of Excellence
- Presidential Towers in Crystal City — Best Building Common Area, Award of Merit
- 3001 & 3003 Washington Boulevard in Clarendon — Best Speculative Office Building 7 to 14 Stories, Award of Excellence
- 1812 North Moore Street in Rosslyn — Best Speculative Office Building 15 Stories and Above, Award of Merit
This Glencarlyn Darlin’ is nestled in the heart of a neighborhood “Preservation Arlington” will surely remember.
Glencarlyn is the site of the oldest home in Arlington, the Ball-Sellers House, as well as may structures from the Victorian era. The Glencarlyn Park was once the destination for Washington dwellers to escape city heat and humidity. Remnants of a dance pavilion from that time remain in the park.
Today, the neighborhood is filled with charming homes, such as this Cape Cod at 5627 5th Street S. An open house for the home will be held on Sunday, Nov. 16 from 1:00 to 4:00 p.m.
The main level offers a living room with fireplace, separate dining room and an updated kitchen with ample white cabinets and appliances as well as granite countertops. A main level den is the perfect spot for a home office or relaxing.
Upstairs there are two large bedrooms, and a walk-in closet off the master bedroom. The lower level has been remodeled with new windows, paint, carpeting and a half bathroom.
An outdoor room has been created with a patio covered by a pergola and screened with plantings. It is the perfect spot for entertaining nearly year round.
Recent updates include air conditioning, hot water heater and double pane windows.
An inviting home in a historic location, listed at $585,000. Additional details about 5627 5th Street S. are available on betsytwigg.com.
Betsy can be reached at 703-967-4391 or firstname.lastname@example.org
For sale: a charming Colonial in the heart of Lyon Park, convenient to Clarendon, Metro and much more.
This is a great opportunity to own a classic Colonial in the heart of Arlington’s lovely Lyon Park neighborhood. Listed at $830,000, this home is in move-in condition and in a location you will value every day.
This gem, located at 120 N. Fillmore Street in Arlington, is close to parks, playgrounds, bike trails, jogging paths, coffee shops, retail stores, restaurants and nightlife. It is around the corner from Long Branch Elementary School and down the street from the Clarendon Metro and the lively Orange Line corridor, which includes Trader Joe’s, Whole Foods and Market Common. Two blocks away is Lyon Park’s historic community center building and beautiful park and playground.
The home offers a gracious living room and an updated kitchen with stainless steel appliances. The kitchen opens to the contemporary dining area with lovely hardwood floors. The main floor includes a cozy carpeted den/third bedroom with lots of windows and natural light. The lower level includes an office area, full bathroom and a recreation room with separate laundry.
Upstairs the home features an elegant master bedroom and a second good-sized bedroom, both with original hardwood floors. A bright full bathroom and a bonus room, a finished loft in the attic on the top level, complete the upstairs area. Closets are plentiful throughout.
The exterior of the home is delightful. It is on a corner lot that features mature trees, lovely landscaping, and a charming wrought iron fence. The backyard also features a spacious stone patio, perfect for grilling and entertaining. There is a wide driveway and an attached garage that can handle a car and work area. A shed is also located in the back, ideal for storing yard and other work supplies.
120 N. Fillmore Street is convenient to everything, with plenty of room to expand. It sits on a street with million-dollar homes, both newly constructed and completely renovated. The home is located within the Long Branch Elementary, Thomas Jefferson Middle School and Washington-Lee High School districts.
For more information or a virtual tour, click here.
This home is listed by Natalie U. Roy, Neighborhood Real Estate Specialist at Keller Williams Realty (2101 Wilson Boulevard #100).
The ultimate in urban living is found in this two-level condominium townhouse at 1418 N. Rhodes Street, Unit B107.
Conveniently located between the Rosslyn and Courthouse Metro Stations, this property features the following:
- Over 1,830 square feet of well appointed, loft-like space in 4 year old Rhodes Hill Square
- High ceilings, tall windows, gleaming wood floors on the main level
- Open, airy living room flows into the dining room and kitchen for entertaining and daily living
- Upscale kitchen features ample maple cabinets, generous granite countertops, pantry cupboards, breakfast bar, JennAir stainless appliances, including gas range
- Main level powder room, two closets and entry to 2 garage spaces
- High ceilings and windows continue into the upstairs which provides two bedrooms and a private den
- The large master bedroom provides a walk-in closet, second closet and an en-suite bathroom with separate soaking tub, oversized shower and double bowl vanity
- The second bedroom is served by the hall bathroom with a large vanity for additional storage
- Also on this level is a private den for an office, playroom or private space for a guest
- A full size washer and dryer, linen closet and utility/storage room complete this level
- Walk to park across the street, shops, restaurants, nightlife, farmer’s market, movies, and bikepath
- Dream commute to Washington, Crystal City, Rosslyn-Ballston Business Corridor, Fort Myer and Foreign Service Institute
- Excellent reverse commute to Tyson’s Corner and Dulles Tech Corridor
- Schools: Key or Science Focus Elementary School, Williamsburg Middle School, Yorktown High School
An open house will be held Sunday, Oct. 26 from 1:00 to 4:00 p.m.
Listed at $845,000, additional details about 1418 N. Rhodes Street are available at betsytwigg.com.
Betsey can be reached at 703-967-4391 or email@example.com.
Walk to Westover Village from this thoughtfully expanded, renovated center hall Colonial in the popular Tara neighborhood.
The home’s main level offers a living room with fireplace, adjoining den, formal dining room, powder room, large kitchen with cream cabinets, stainless steel appliances, breakfast bar and pantry. Walls of windows brighten the breakfast room which flows into the family room with doors to the deck and level rear yard.
Upstairs there are four bedrooms, two bathrooms, linen closet and pull down stairs to the huge floored attic. A delightful feature is the deck off the master bedroom.
The lower level offers a rec room with fireplace, built-in desk, Murphy bed, third bathroom and a wet bar tucked under the stairs. Additional storage is available in the large utility room.
The garage has been converted to a private space for a home office or a private retreat. It has separate heating and cooling, cork flooring, ceiling fans and media connnections.
Desirable details include wood floors, Kolbe & Kolbe or Andersen double pane windows, two zone heating and cooling, front and rear sprinkler systems and lighting to enhance the professionally landscaped, fenced yard.
Nearby Westover Village offers shops, library, restaurants and post office, while a bike path and two parks are a short distance from the home.
Located at 1700 N. Jefferson Street, the home is within the McKinley elementary, Swanson middle and Yorktown high school districts.
Listed at $1,195,000, this is a home in pristine, move-in condition and in a location you will value every day.
An open house will be held this weekend, from 1:00 to 4:00 p.m. on Sunday, Oct. 19. For more information, call Betsy at 703-967-4391, or email firstname.lastname@example.org.
Three Arlington Restaurants in ‘Dining Guide’ — Three Arlington restaurants are in Washington Post food critic Tom Sietsema’s annual Fall Dining Guide. The eateries getting the honor: Green Pig Bistro, Thai Square and Water & Wall. [Washington Post]
Arlington Woman Wins Army Ten-Miler — An Arlington woman was the top female finisher in the 30th annual Army Ten-Miler on Sunday. Kerri Gallagher, 25, won the race with a time of 54:50. Two other Arlington women cracked the top 10: eighth place finisher Samantha Diehl, 26, and tenth place finisher Amy Laskowske, 27. [Stars and Stripes, Army Ten-Miler]
Rare Photo of Arlington House Slave — The National Park Service unveiled a rare photo of Selina Norris Gray, a slave at Robert E. Lee’s Arlington House, over the weekend. The photo was purchased on eBay by a Park Service volunteer, who recognized Gray in the photo. It was sold by a seller in England who had found a box of “unwanted” photos at a yard sale. [Washington Post, WJLA]
Home Sales Up, Prices Down — The average home sale price in Arlington slid 2.8 percent in September, compared to one year prior, but the volume of sales rose by about 10 percent. [InsideNova]
Demolitions in Historic Districts — Since the beginning of the year, applications have been filed to demolish at least 25 homes in historic districts in Arlington. “The looming demolition of these houses and buildings represents an incredible loss of history, architecture, time, energy and materials,” the group Preservation Arlington said in a blog post. As previously reported, home demolitions are on pace for a record pace this year. [Preservation Arlington]
Perched on the 10th floor of The Odyssey, this 1635 SF, 2 BR + den, 2.5 BA, corner unit stretches out behind floor to ceiling glass windows overlooking Georgetown, the Palisades and the National Cathedral.
The master suite and second bedroom with full bath occupy opposite ends of the unit, providing privacy for each. In between are the Living Room, Dining Room, Kitchen, Den with fireplace and a half-bath and laundry.
Platinum level finishes include a Viking wall oven and microwave, Wolf gas and electric cooktops, SubZero refrigerator, Bosch dishwasher, Miele washer/dryer, maple hardwood flooring and marble master bathroom finishes.
Other features include:
- Den with electric fireplace
- Expansive marble master bathroom
- Large walk-in Master Bedroom closet with custom Poliform built-ins
- Two balconies
- Gourmet kitchen with custom glass and tile backsplash and maple Crystal cabinets
- 9-foot ceilings throughout
Walk to the Saturday Farmers’ Market at Courthouse and many desirable shops/restaurants in the Clarendon/Courthouse corridor.
World Trade Center Pieces Transported – An Arlington resident snapped a photo of the convoy on I-395 that way carrying pieces of the World Trade Center to the Marine Corps Museum in Triangle, Va. [Twitter]
Women in Business Conference — The Arlington County Commission on the Status of Women will be holding its third annual Women in Business Conference this week. The conference, to be held Thursday at 6:30 p.m. at the NRECA conference center in Ballston, will highlight women in non-traditional fields. ABC 7′s Maureen Bunyan will host. [Arlington County]
Football and Open House Attendance — Do Washington Redskins games impact attendance at Sunday open houses? The Sun Gazette posed that question to 18 realtors — most said “yes” or “sometimes.” [InsideNova]
If you are looking for a something spacious, comfortable and with a touch of elegance, this Lyon Village home might be just for you.
With 6 bedrooms, 5.5 baths, and over 5,500 square feet of space including a detached garage, there is plenty of room for everyone.
The large master suite has a private balcony, large bathroom and 2 story walk-in closet.
This home not only has style but a great location located less than a mile from the metro station and downtown Clarendon.
If you are interested getting some more information about this beautiful Classic Cottages home, please contact us today before it is sold!
If you want those rare large rooms, abundant closets, an actual garage you can use and move-in condition, this home is for you.
Walk to Westover Village from this deceptively large 5 bedroom, 3.5 bath Cape Cod in Lacey Forest. It features a large kitchen with high end Poggenpohl cabinets, granite tops, Miele and Liebherr appliances, three renovated bathrooms, main level powder room, living room fireplace, gleaming wood floors on two levels and fresh young decor.
Plus, there’s a huge lower level with walk out rec room offering large windows and view of stone patio, not to mention a new roof, two zone heating and air conditioning, big closets with organizers, and incredible storage.
This home, at 1206 N. Jefferson Street, is within the boundaries of McKinley Elementary, Swanson Middle, and Yorktown High School. It’s in pristine move-in condition and is listed at $925,000.