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2115 Military Road
Arlington, VA 22207
$1,699,999
Conventional
Property
Bedroom
4
Bathroom
5
Property Type
Conventional
Square ft
3516
Property Description
---- Sellers are motivated and will consider all reasonable offers ---- Welcome to your extraordinary new home! This impeccably renovated property offers an unparalleled combination of luxury, comfort, and convenience. The home was renovated completely in 2022, down to the studs, to incorporate 4 levels of living, along with all new electrical, plumbing, and heating/cooling systems. Situated in a sought-after neighborhood, this residence is a true gem awaiting its fortunate new owners. Upon entering, you'll immediately notice the seamless flow of the open floor plan, designed to effortlessly accommodate modern living. Bathed in natural light from the new windows, the spacious living areas feature gleaming hardwood floors and recessed lighting, creating an inviting ambiance perfect for both relaxation and entertainment. The heart of the home, the kitchen, is a culinary masterpiece, boasting shaker cabinets, a huge island with seating for four, and high-end stainless steel appliances. The walk-in pantry with shelving, cabinets, and quartz countertops offers ample storage and organization space, making meal prep a breeze. Conveniently located upstairs, the laundry room adds a touch of practicality to everyday living. Retreat to the expansive master suite, complete with a luxurious ensuite bathroom and walk-in closet, providing a serene sanctuary to unwind after a long day. Step outside to discover your own private oasis. The backyard features a stone patio and waterfall, creating a picturesque setting for outdoor gatherings or quiet moments of relaxation. The newly installed Trex deck on the front porch provides the perfect spot to enjoy your morning coffee or watch the sunset. With a spacious two-car garage offering extra storage space, parking is never an issue. The home also features two new HVAC units for double-zoned comfort, controlled by smart thermostats, and two new tankless water heaters for added efficiency and convenience. A newly installed (2023) solar panel system will virtually eliminate your electricity bill, making this the perfect home for an electric vehicle. Boasting four bedrooms all upstairs, five full bathrooms, and two office spaces, this home offers ample space to accommodate your lifestyle and needs. The second level office space could easily be converted into a legal bedroom, providing flexibility and versatility. The main level office is currently being used as a guest bedroom. The finished third level space offers another family retreat area for fun and relaxation. The basement, with its separate outdoor entrance, presents endless possibilities. Whether you envision an au-pair suite, in-law accommodation, or a rental opportunity for extra income, this space offers the perfect canvas to bring your ideas to life. The basement also includes a second laundry room. Conveniently located just a 20-minute walk to downtown Ballston, residents can enjoy easy access to all the shops, restaurants, and entertainment options this vibrant area has to offer. Additionally, the home is an even shorter walk to several shops and restaurants on Langston Blvd, and will be in the heart of the Langston Blvd redevelopment plan, promising exciting future developments and amenities. A Safeway grocery store is just a five-minute walk away, ensuring effortless shopping convenience. The future homeowners will appreciate the home's proximity to highly-rated elementary and middle schools, making school drop-offs and pickups a breeze. Don't miss your chance to make this exquisite property your own. Schedule a showing today and experience luxury living at its finest!
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1920
MLS Number
VAAR2043606
Location
Address
2115 MILITARY ROAD
City
ARLINGTON
State
VA
Zip Code
22207
County
ARLINGTON
Listing
Provider
Keller Williams Realty Falls Church, original listing
Name
Keller Williams Realty Falls Church
Phone
(703) 533-1500
Office Name
KW United
Office Phone
(703) 533-1500
Agent Name
Morgan Stillwell

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.