Tower Villas #13113800 Fairfax Drive 1311Arlington, VA 22203
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
Affordable well-maintained gem in a platinum location. Familiar with Virginia Square neighborhood? If not… check it out. Ideally situated between night-life-loving Clarendon and bustling Ballston, this leafy, quieter spot is sometimes referred to as "Clarendon for grown-ups". Home to Arlington's main library and George Mason Law School, medical/dental facilities galore, parks, Giant grocery, banks, cleaners and of course the small, friendly Va. Sq. Metro station (Orange/Silver lines) a two minute stroll away. Dazzling superior 2016 quality-crafted "open" kitchen and priced remarkably below market value. Builders no longer build like this with room sizes that rival those of single family homes and 20 Ft. + Balconies. Well-maintained, quality-constructed and in the heart of ultra-desirable Virginia Square. Priced at $460.61 per sq. ft. includes ALL utilities…even cable t.v. and internet. Compare to square ft. price of other condominiums , most requiring residents to pay utilities in addition. 24 hour lobby personnel, sparkling pool, fitness room, community room, grilling patio and free extra storage. Lush tranquil view, stylish and handsome with some new flooring. Living Rm. bookcase (not built-in) can easily be positioned where you want it or can be removed. Prime walk-ability makes it easy to live vehicle-free. Want your vehicle close at hand? Secure garage Parking Space P1-17c is in place for you to lease at $175.00 per month. Want another? Easy. Abundant parking available at Atlantic Parking Garage; entrance on N. 9th St. across from Tower Villas' Lobby entrance and abundance of other neighborhood commercial garages close-by. 24 Hour front desk personnel receive packages , admit guests and assist residents. Dedicated in-house porters keep building spick-and-span and on-site engineers present to perform in-unit repairs at modest cost. Know how condo. fees are determined? Condo. fees are calculated based on square footage owned. This one is 74 cents per square foot and includes ALL utilities (gas, electricity, water/sewer) plus basic cable t.v. and internet. No extra checks to write. Breakdown: $893.00 + $72.00 for bulk cable t.v./ internet. Compare square footage condo. cost with other condo. offerings, most of which require resident to additionally pay gas/electricity/water-sewer and cable/internet. IMPORTANT: No Special Assessment ever at solid/stable Tower Villas. FIOS in building. Pet Friendly; 2 small(30 lbs. max.) pets o.k.; appealing park on corner. VA and FHA financing available. So many good reasons there is little turn-over at Tower Villas. Mortgage rates projected to top 4% in 2022 as Fed tapering plan nears. Interest rates are heading up. Rental rates are up as well. Just out from Dr. Larry Yun, Chief Economist for National Assoc. of Realtors. “Rising rents will continue to place upward pressures on inflation. Nevertheless, real estate is a great hedge against inflation.” Yun predicted that mortgage rates will see an increase of 3.7% in the coming months, a rise he attributes to persistent high inflation. Home prices rose by 12% on average in 2020 and 2021, while inflation rose 3%. Still plan to wait?
|15 hours ago||Listing updated with changes from the MLS|
|a month ago||Price changed to $608,000|
|2 months ago||Price changed to $623,500|
|4 months ago||Price changed to $638,000|
|4 months ago||Status changed to Active|