If you’re thinking of buying a property at the Cardinal House Arlington VA condo community, you can view every property currently for sale here by clicking on the link below. Keep in mind that every real estate listing on NorthernVirginiaHomePro.com is updated daily, so you can always be assured of having access to current information on this website.
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This market analysis will give you a good idea of how much condos in Cardinal House are currently worth. All of the data referring to closed sales prices was taken directly from the MRIS.
As of the writing of this article, there are currently no properties under contract in Cardinal House, and there are three properties that are for sale.
Cardinal House Arlington VA – closed sales of studio condos from the past nine months
3000 SPOUT RUN PKWY #B502 – closed at $215,000 in September 2014
Closed sales of 1-bedroom properties
3000 SPOUT RUN PKWY #B209 – closed at $245,000 in February 2015
3000 SPOUT RUN PKWY #A105 – closed at $250,000 in August 2014
3000 SPOUT RUN PKWY #A504 – closed at $252,000 in March 2015
3000 SPOUT RUN PKWY #A608 – closed at $260,000 with a $3,400 seller subsidy in March 2015
3000 SPOUT RUN PKWY #B506 – closed at $260,000 in December 2014
3000 SPOUT RUN PKWY #B205 – closed at $273,000 in July 2014
3000 SPOUT RUN PKWY #B308 – closed at $275,000 with a $4,125 in September 2014
3000 SPOUT RUN PKWY #A605 – closed at $268,000 in July 2014
Closed sales of 2-bedroom properties
3000 SPOUT RUN PKWY #A311 – closed at $310,000 in September 2014
In any real estate pricing analysis, it’s important to take into account not only the sales price, but also any seller subsidy toward buyer closing costs, which equals the total net sales price.
In the last nine months, there was one sale of a studio condo in Cardinal house for $215,000. Closing prices for 1-bedrooms ranged from $245,000 to $273,000, and the only 2-bedroom sale closed at $310,000.
If you buy a Cardinal House Arlington condo, you should expect to pay in the low $200,000s for a studio, from the mid $200,000s to high $200,000s for a 1-bedroom condo, and in the low $300,000s for a 2-bedroom. Prices in the Cardinal House Arlington will vary depending on how many upgrades a unit has. For example, units that have hardwood floors and remodeled kitchens and bathrooms will generally sell for more than outdated units, even if those units have been well maintained over the years.