The numbers are in!
January Market Report
MLS® ID: VAAR156452

1615 N QUEEN STREET M604

ARLINGTON, Virginia, 22209

$899,999 Active
  • 1 Beds
  • 1 Baths
  • 1194 SQFT
Price significantly reduced on 2-7-2020****NOTE: Recent Inman News Report citing the higher prices, limited supply, and enormous demand for housing in the Amazon HQ-2 Area!!!! We all know it, but reports are that the demand is stronger than anyone anticipated, with low supply*****This is that rare value to live in a great building and magnificent neighborhood for well below what you should pay DESPITE THE AREA's HUGE DEMAND***** As it sits, this home is enormous value; however we KNOW that most people want to add a loft floor (this can easily be done), and we have priced the unit to absorb whatever uncertainty or inconvenience that might bring to you**** Live a spectacular life style in an upgraded penthouse in much-desired building and neighborhood.....at prices not seen before the Amazon expansion in Arlington****Note: It takes only a little imagination to determine how this spacious main level can be expanded (and loft space added) to turn this into a 2 bed room + loft magnificent home****There are six penthouse level condos in The Mercer, and here is the assessed value for each. Keep in mind that sales prices in this building usually exceed assessments, often by a substantial amount: M601---- $1,461,800***M602----$1,257,000**** M603---- $1,630,000**** M604--- $983,500**** M605---- $2,173,300 **** M606----- $964,000***** I DOUBT THAT THERE IS A BETTER INVESTMENT VALUE AVAILABLE TODAY, NOR WILL THERE BE SOON, IN THE ARLINGTON MARKET!!***We are looking to find a strong buyer who can close by year end! This is a magnificent Penthouse unit with outdoor roof top deck/terrace****MERCER BUILDING IS IN VERY STRONG DEMAND..........UNIT DETAILS: In the heart of Rosslyn, this perfectly located unit is a stunning, two-level loft penthouse. Literally, a wall of windows floods your main living area with light (but not to worry, remote controlled blinds can control this, if necessary)*****22 +foot high loft ceiling****Spiral staircase leads to large outdoor penthouse deck, perfect for relaxation or comfortable gathering with guests as they look at the Washington Monument****Gourmet kitchen****Gleaming h/w floors*****Oversized Wolf brand 6-burner gas stove and range w/built-in microwave***Living area offers two-level ceilings, and spiral staircase leads to spacious outdoor deck with penthouse views****The Mercer amenities include a courtyard, in-ground pool; terrace; fitness room; club room, and concierge. Covered underground parking and unit has the largest parking space available****** This is one so many have waited for..*****Special note: Most potential buyers are interested in the possibility of a second floor living space, and other units on the penthouse level DO have this (priced higher accordingly). *****What was that I heard you say? "It is impossible to find great value and adequate housing in Arlington since the Amazon announcement?" Try buying a magnificent penthouse at prices last seen well before Amazon ever entered Arlington.
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Listing courtesy of Coldwell Banker Residential Brokerage

Amenities

  • Full baths
    1
  • Half baths
    0
  • Full Baths Range
    1 Bath
  • Total Baths
    1
  • Zip
    22209
  • Office name
    Coldwell Banker Residential Brokerage
  • Subdivision
    WOOSTER AND MERCER LOFTS
  • SQFT
    1194
  • Bedrooms
    1
  • Property type
    Residential
  • Zoning type
    RA6-15
  • School district
    ARLINGTON COUNTY PUBLIC SCHOOLS
  • Year built
    2007
  • Lot size
    0
  • Sewer
    No Septic System
  • Heating
    Forced Air
  • Agent name
    Raymond A Wedell
  • Purchase Type
    Active
  • Price Range
    $800k-$900k
  • Square Feet Range
    1000-1500 sq ft.
  • Bedrooms Range
    1 Beds
  • Year Built Range
    2000-2009
  • Office ID
    CBRB47
  • Agent ID
    76477

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