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331 S Wayne St, Arlington, VA, 22204

$695,000

Home List Price

$8,253*

Closing Credit

2 Bedrooms
2 Full Baths
1,671 SqFt
$416/SqFt
Townhouse

Location

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331 S Wayne St, Arlington$695,000

Buyer Closing Credits

$8,253*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingDriveway
Year Built1940
HeatingCentral
CoolingCentral Air
MLS #VAAR2048100
Lot Size0.06 Acres
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 331 S Wayne St

Discover the property you've been waiting for! This rare expanded 2-bedroom, 2-bathroom duplex spans three levels in the vibrant heart of Penrose. Step inside to find an abundance of natural light and stunning hardwood floors that lead to the spacious dining area and generously upgraded kitchen—designed for optimal functionality. The open-concept layout seamlessly connects to the family room, featuring recessed lighting and a cozy gas fireplace, perfect for unwinding or entertaining. Upstairs, the Primary Bedroom impresses with a dedicated workspace/sitting area, in-unit laundry, ample closet space, and a luxurious bathroom that will delight even the most discerning buyer. The second bedroom offers unique access to a charming third-level flex space, ideal for kids or as a versatile hangout. Conveniently located just minutes from Penrose Park, Starbucks, Giant, Columbia Pike, Ft. Myer, Clarendon, and D.C., this property is a must-see!

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1940
  • Stories: 3
  • Living Area: 1,671 SqFt

Listing Office:

  • Office Name: RLAH @properties
  • Office Phone: (703) 390-9460
  • Listing Agent: Michelle Doherty

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Wakefield High School, Public District Grades 9-12
  • Thomas Jefferson Middle School, Public District Grades 6-8
  • Patrick Henry Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Use GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $695,000
  • Price Per SqFt: $416/SqFt

Tax Information:

  • Annual Amount: $6,375
  • Tax Year: 2021
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MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #VAAR2048100

Listing Office:

  • Office Name: RLAH @properties
  • Office Phone: (703) 390-9460
  • Listing Agent: Michelle Doherty

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 3:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 22, 2016Home Sold
$525,000

Tax History

YEARPROP. TAXASSESSMENT
2021$6,375$618,900
2020$5,935$578,500
2019$5,507$536,800
2018$5,302$527,000
2017$4,891$486,200

History based on county public records data.

Payment Calculator

$3,536

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,150

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1922137
5
/10
  • Patrick Henry Elementary School

  • 701 S Highland St

  • 0.43 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1922138
6
/10
  • Thomas Jefferson Middle School

  • 125 S Old Glebe Rd

  • 0.72 miles

  • Public District Grades 6-8

High School

school-card-donut-1922139
4
/10
  • Wakefield High School

  • 1325 S Dinwiddie St

  • 2.21 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $76,217. The most common annual income of people living in Arlington County, VA is between $35k-100k. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 331 S Wayne St

What is the listing price of this property?

The listing price of 331 S Wayne St property is $695,000.

What type of property is this?

The property 331 S Wayne St is a townhouse located in Arlington, Virginia, 22204.

Is this property for sale now?

Accepting Backup Offers: 331 S Wayne St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 331 S Wayne St are:
Patrick Henry Elementary School: GreatSchools Rating 5/10
Thomas Jefferson Middle School: GreatSchools Rating 6/10
Wakefield High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $6,375 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 22, 2016 for $525,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 331 S Wayne St has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 331 S Wayne St is 1,671 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 331 S Wayne St is 1940.

Rocket Homes›Virginia›Arlington County›Arlington›22204›331 S Wayne St

This home is located at 331 S Wayne St in Arlington, VA and zip code 22204 in the Penrose neighborhood. This 1,671 square foot home, which was built in 1940, sits on a 0.06 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 03, 2024 and is currently priced at $695,000.

While more than 50 listings in Arlington County, VA in October 2024 were sold above asking price, there were more than 56 listings sold at asking price, and more than 51 were sold below. In October 2024 in Arlington County, VA there were 9% more homes for sale than in September 2024. While the average time on the market in October 2024 was 27 days, the median list price was $762,223.

From Rocket Homes Real Estate and based on county public records data.

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