This home's estimate is 12.9% higher than the average sale price ($291K) of 6 comparable homes.
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5040 7th Rd S #102, Arlington, VA 22204
About this home
Beautiful 2 bedroom 1 bathroom condo in the Park Spring community! This lovely home boasts plenty of upgrades including new carpet in the living room, hallway, and bedrooms; fully renovated bathroom, new closet doors and adjustable closet rods, fresh paint throughout, and new tiles at the front door. Stainless steel appliances in the kitchen. Balcony overlooks the pool area. Community amenities include a picnic area, swimming pool, playground, and more! The condo fee also covers trash removal, snow removal, and water. Convenient location close to shopping / dining as well as parks. Easy access to US-50, VA-7, and the Beltway. Short 15 minute drive to Ronald Reagan International Airport.
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Market trends in 22204, VA
Last updated October 2026
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Sale history for 5040 7th Rd S #102
$268/sq ft
$272/sq ft
$274/sq ft
$146/sq ft
$146/sq ft





New buyer contrqact fell through. Great buy for Arlington 2 bedroom with hardwood floors, balcony overlooking pool, across street from park on bus line. New paint throughout.
$29/sq ft
Tax history for 5040 7th Rd S #102
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking Information
- Rented/Permit Required
- On Street, Parking Lot
Interior
- Virtual Tour
- Bedroom Information
- # of Bedrooms On Main Level: 2
- Bathroom Information
- # of Bathrooms (Full) On Main Level: 1
- # of Bathrooms (Full): 1
- Interior Information
- Appliances: Built-In Microwave, Dishwasher, Disposal, Refrigerator, Icemaker, Stove
- Flooring Type: Carpet, Ceramic Tile, Laminate Plank, Hardwood
- Living Area Sq.Ft. Source: Estimated
- Basement Information
- Basement: No
Exterior
- Property Information
- Total Below Grade Sq. Ft.: 0
- Improvement Assessed Value: $183,200
- Ownership Interest: Condominium
- Year Built Source: Assessor
- Building Information
- Unit Building Type: Garden 1 - 4 Floors
- Building Name: PARK SPRING
- Construction Materials: Brick
- Other Structures: Above Grade, Below Grade
- Pets Allowed: Yes
- Pet Restrictions: Case by Case Basis
- Structure Type: Unit/Flat
- Pool Information
- Community Pool
- Lot Information
- Tidal Water: No
- Land Information
- Land Assessed Value: $78,800
- Above Grade Information
- Finished Sq.Ft.: 1,063
- Finished Sq.Ft. Source: Estimated
- Below Grade Information
- Unfinished Sq.Ft. Source: Assessor
- Finished Sq.Ft. Source: Assessor
Financial
- Tax Information
- County Tax: $2,654
- Tax Assessed Value: $262,000
- Tax Year: 2021
- Tax Annual Amount: $2,698
- Assessments Information
- Year Assessed: 2021
Utilities
- Utilities Information
- Central Air
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Electric Previous 12 Months: $720
- Electric Average / Month: $60
- Forced Air
- Heating Fuel: Natural Gas
- Hot Water: Electric
- Sewer Septic: Public Sewer
- Water Source: Public
Location
- Multi Unit Information
- Washer/Dryer/Hook Up in Unit: No
- Homeowners Association Information
- Condo/Coop Fee: $500
- Condo/Coop Fee Frequency: Monthly
- HOA/Condo/Coop Fee Includes: Common Area Maintenance, Lawn Maintenance, Trash, Snow Removal, Water, Laundry, Gas
- HOA/Condo/Coop Amenities: Picnic Area, Swimming Pool, Tot Lots/Playground
- School Information
- Elementary School: CARLIN SPRINGS
- Middle Or Junior School: KENMORE
- High School: WASHINGTON-LIBERTY
- School District Name: ARLINGTON COUNTY PUBLIC SCHOOLS
- Elementary School Source: Listing Agent
- Middle School Source: Listing Agent
- High School Source: Listing Agent
- School District Source: Listing Agent
- Location Information
- Outside City Limits
- Directions: Rt 50 to Carlyn Springs exit S to left on 7th Rd. Building 5040
- Entry Floor Number: 1
Public facts
- Beds: 2
- Baths: 1.0
- Sq. Ft.: 1,023
- Stories: 1.0
- Lot Size: —
- Style: Condo/Co-op
- Year Built: 1969
- Year Renovated: —
- County: Arlington County
- APN: 22001592
Around this home
Schools
Public PreK-5 • Assigned • 0.9mi
Public 6-8 • Assigned • 0.9mi
Public 9-12 • Assigned • 2.0mi
Lifestyle
Provided by Walk Score and Local Logic
Sun exposure
In this area, properties receive around 9.3 hours in June and 4.2 hours in December, placing it below the U.S. average for solar exposure.
Nearby similar homes
New listings for sale in 22204
Home values near 5040 7th Rd S #102
| Address | Redfin Estimate |
|---|---|
2 Beds | 1.5 Baths | 1063 Sq. Ft. | $331,387 |
1 Beds | 1 Baths | 835 Sq. Ft. | $286,194 |
| Address | Redfin Estimate |
|---|---|
1 Beds | 1 Baths | 835 Sq. Ft. | $256,730 |
2 Beds | 1.5 Baths | 1063 Sq. Ft. | $331,554 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 1.5 Baths | 1063 Sq. Ft. | $318,949 |
1 Beds | 1 Baths | 835 Sq. Ft. | $259,242 |
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