Are you considering buying a home in Arlington in 2014?
If so, attend this Arlington home buyer seminar in Courthouse tomorrow Wednesday, May 21st.
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real estate
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With development along Columbia Pike and the growing popularity of Shirlington, the Douglas Park neighborhood is regarded as one of the premiere investments in Arlington real estate. Plus, it’s also being recognized as an ideal place to call home.
If you want a new house to call home in Douglas Park, look no further than 3511 16th Street S. This 4 bedroom, 4.5 bath home features two stories and a basement; an upper level master suite with walk-in closets and a soaking tub; a dream kitchen with a granite island and wine bridge; hardwood floors and new carpet; crown molding; a two-car detached garage; mature dogwood trees; and a stone patio and walkway.
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Are you considering buying a home in Arlington in 2014?
If so, attend this Arlington home buyer seminar in Clarendon tonight, Tuesday, April 29th.
Sponsored
Are you considering buying a home in Arlington in 2014?
If so, attend this Arlington home buyer seminar in Clarendon next Tuesday, April 29th.
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Lubber Run Neighbors Rally Against Housing Proposal — Those who live around the Lubber Run Community Center showed up to the Saturday Arlington County Board meeting to rally against a proposal to use the public land around the community center for affordable housing or a new school. The residents also asked the Board to approve a renovation to the community center. [Sun Gazette]
Board Approves Expanded ‘Technology Zones’ — The County Board on Saturday approved an expansion of its program of reduced business license taxes for technology businesses in certain “technology zones.” About 5-10 businesses per year are expected to qualify for the tax incentives. [Arlington County]
False Alarm at Arlington National Cemetery — The Arlington County Fire Department responded to Arlington National Cemetery yesterday afternoon for a fire alarm. Once on scene, firefighters determined that the alarm was set off by the tomb guards steam pressing their uniforms. [Twitter]
Arlington Real Estate Market Profiled — CNBC’s “Power Lunch” program profiled the real estate market in Arlington last week. The program took a look at three properties in the county, from a $364,900 condo in Ballston to a $1,275,000 luxury townhouse in Rosslyn. [CNBC]
The county said Friday evening that it will take a look at “all commercial real property assessments with a 50% or greater increase from calendar year 2013.”
There are nearly 90 such properties, including Rien Tong restaurant (3131 Wilson Blvd), which saw its assessment increase 197 percent, and Spider Kelly’s (3171 Wilson Blvd), which saw its property valuation increase 83 percent.
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Long-time businesses, which have not been renovated or sold recently, saw their assessments increase by double digit or even triple digit percentages. The rise in assessments could mean the owners will be forced to pay tens of thousands in additional county taxes this year, barring a successful appeal.
The biggest increase spotted by ARLnow.com was that of Rien Tong Restaurant (3131 Wilson Blvd). The Asian eatery, located across from the Clarendon Metro station, saw its assessment jump from $559,900 to $1,667,600, a nearly 200 percent increase that would result in an extra $12,528 in taxes.
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Editor’s Note: This post is written and sponsored by Urban Turf.
Are you considering buying a home in Arlington in 2014?
Arlington, like other communities in the D.C. area, is experiencing weakness in the office market. The high office vacancy rate is exacerbated by new office buildings coming on the market and certain large employers (including military offices impacted by BRAC) leaving.
To combat that, Arlington is considering options providing certain incentives to attract new businesses and hang on to existing employers.
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Real Estate ‘Bull Market’ in December — Arlington’s residential real estate market soared in December, reaching a deal volume of $134.4 million, up almost 40 percent over a year prior. The average sales price rose 12.8 percent. [Sun Gazette]
Yorktown Nominated for a GRAMMY — Yorktown High Schools is one of 123 schools nationwide selected as a semifinalist for the 2014 GRAMMY Signature Schools Award. “Created in 1998, the GRAMMY Signature Schools program recognizes top U.S. public high schools that are making an outstanding commitment to music education during an academic school year,” the school system said in a press release. [Arlington Public Schools]
S.C. Man Arrested for Assaulting Ex-Girlfriend — A 24-year-old South Carolina man has been arrested by Arlington County police for an alleged extended, brutal assault on his ex-girlfriend. The assault took place in a car on Route 50 and again in the woman’s apartment in Courthouse, police say. The man is charged with an array of crimes: abduction with intent to defile, felony strangulation, use of a firearm in commission of a felony, sexual battery, assault and battery, and unlawfully obstructing messages to law enforcement. [NBC Washington]
Rent Holds Steady in Arlington — The average monthly rent for a house or apartment in Arlington was $2,497 in the third quarter of 2013, down slightly from $2,501 one year prior. Rent, meanwhile, increased in Alexandria, Falls Church and Fairfax County. [Sun Gazette]