Each week, “Just Reduced” spotlights properties in Arlington County whose price have been cut over the previous week. The market summary is crafted by Arlington Realty, Inc. Maximize your real estate investment with the team by visiting www.arlingtonrealtyinc.com or calling 703-836-6000 today!
Please note: While Arlington Realty, Inc. provides this information for the community, it may not be the listing company of these homes.
Amid an incredibly wild ride for the stock market, we have a nugget of stability to report on the local level.
At the end of February, the Arlington County Board voted to keep the real estate tax rate steady for the 2021 calendar year. This means that the tax rate will remain at $1.013 per $100 of assessed property value through 2021.
This marks a change compared to the last two years in which Arlington residents experienced tax rate hikes as a result of approved county budgets.
Particularly in the heart of tax season, it’s vital to have your finger on the pulse on anything and everything that could affect your bottom line both now and in the future. Also, if you’re in the market for a new home, the experts at Arlington Realty, Inc. are always ready and prepared to help you navigate the complexities.
And now on to this week’s Just Reduced facts and stats:
As of March 3, there are 116 detached homes, 12 townhouses and 62 condos for sale throughout Arlington County. In total, 5 homes experienced a price reduction in the past week:
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4712 N. Carlin Springs Road, 22203 — NOW: $1,569,900 (Reduced: $10,000 on 2/27)
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5012 22nd Street N., 22207 — NOW: $1,234,900 (Reduced: $5,000 on 2/26)
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4315 31st Street N., 22207 — NOW: $1,059,700 (Reduced: $138,300 on 2/28)
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1201 N. Garfield Street #507, 22201 — NOW: $845,000 (Reduced: $9.900 on 2/28)
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2037 N. Cameron Street, 22207 — NOW: $765,000 (Reduced: $25,000 on 2/26)
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2628 N. Potomac Street, 22207 — NOW: $750,000 (Reduced: $10,000 on 2/28)
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5816 1st Street S., 22204 — NOW: $575,000 (Reduced: $23,000 on 2/25)
Please note that this is solely a selection of Just Reduced properties available in Arlington County. For a complete list of properties within your target budget and specifications, contact Arlington Realty, Inc.