This home's estimate is 17% higher than the average sale price ($294K) of 6 comparable homes.
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5040 7th Rd S #301, Arlington, VA 22204
About this home
This is the one! Completely remodeled and turn-key-ready with everything you’ve been asking for. Top floor, 2 Bedroom/1 Bath condo, Quartz countertops, large center island, LVP flooring throughout, brand new washer/dryer, updated bath, new vanity, replacement windows, freshly painted, all new light fixtures – the works. At 1023 sf, this bright and airy condo has a large L-shaped Living Room/Dining Room and dual-entry Kitchen that creates great living and entertaining space. The large Primary Bedroom easily fits your king-size bed, and the second Bedroom also fits a queen-size bed with room to spare. There are three large closets in the unit and an extra assigned storage bin in the basement. You’ll have a peaceful bird’s eye view from the top floor! Enjoy coffee and working from your sunny balcony overlooking Park Spring’s community pool and on-site gazebo. For outdoor activity lovers, Park Spring Condos is directly adjacent to Tyrol Hill Park, Four Mile Run Park, basketball courts, soccer court, and a tot-lot. Explore the wooded trails and visit the Nature Center. The Metro/ART buses to Ballston and Pentagon are at your doorstep, shopping, restaurants, movies, and theater at nearby Village at Shirlington, and the Arlington Mill Community Center is on the corner. The condo fee includes gas heat/cooking. Parking: 1 primary parking pass + 1 secondary parking pass, plus street parking. Don’t miss seeing this lovely home! PROFESSIONAL PHOTOS COMING. FIRST OPEN HOUSE: THURSDAY 8/7 5-6:30PM.
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Market trends in 22204, VA
Last updated September 2026
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Provided by Redfin
Sale history for 5040 7th Rd S #301
$341/sq ft
$341/sq ft
$341/sq ft
$134/sq ft
$78/sq ft
$62/sq ft
Tax history for 5040 7th Rd S #301
*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
- # of Total Garage and Parking Spaces: 1
- Parking Lot - # of Spaces: 1
- Lighted Parking, Limited Common Elements, Paved Parking, Permit Included, Surface, Unassigned
- Off Street, Parking Lot
Interior
- 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, Dryer, Icemaker, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer
- Flooring Type: Luxury Vinyl Plank, Ceramic Tile
- Interior Features: Tub Shower, Combination Dining/Living, Combination Kitchen/Dining, Dining Area, Floor Plan - Open, Kitchen - Island, Kitchen - Gourmet, Recessed Lighting, Window Treatments
- Living Area Sq.Ft. Source: Assessor
- Smoking Not Allowed
- Room Information
- Living Room, Dining Room, Bedroom 2, Kitchen, Bedroom 1, Bathroom 1
- Laundry Type: Dryer In Unit, Washer In Unit
- Basement Information
- Basement: No
Exterior
- Property Information
- Not Federal Flood Zone
- Total Below Grade Sq. Ft.: 0
- # of Floors In Unit: 1
- Horse: No
- Improvement Assessed Value: $242,400
- Ownership Interest: Condominium
- Property Condition: Excellent
- Year Built Source: Assessor
- Habitable Residence: No
- Building Information
- Unit Building Type: Garden 1 - 4 Floors
- Construction Materials: Brick
- Other Structures: Above Grade, Below Grade
- Pets Allowed: Yes
- Pet Restrictions: Number Limit, Size/Weight Restriction
- Structure Type: Penthouse
- Building Not Winterized
- Exterior Information
- BBQ Grill, Exterior Lighting, Secure Storage
- Pool Information
- Community Pool Features: In Ground
- Community Pool
- Lot Information
- No Buildout Allowance
- Tidal Water: No
- Land Information
- Crops Included: No
- Land Assessed Value: $78,800
- Farm Information
- Farm Land Preservation: No
- Above Grade Information
- Finished Sq.Ft.: 1,023
- Finished Sq.Ft. Source: Assessor
- Below Grade Information
- Unfinished Sq.Ft. Source: Assessor
- Finished Sq.Ft. Source: Assessor
Financial
- Tax Information
- County Tax: $3,318
- Tax Assessed Value: $321,200
- Tax Year: 2024
- Tax Annual Amount: $3,318
- Assessments Information
- Year Assessed: 2024
- Lease Information
- Lease Considered: No
- Lease In Effect: No
- Lease Renewal Option: No
- Rental Information
- Rent Control: No
Utilities
- Utilities Information
- Central Air
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Electric On Property: No
- Central
- Heating Fuel: Natural Gas
- Hot Water: Natural Gas
- Sewer Septic: Public Sewer
- Electric Available, Natural Gas Available, Sewer Available, Water Available
- Water Source: Public
- Municipal Trash: No
Location
- Multi Unit Information
- Washer/Dryer/Hook Up in Unit: Yes
- Homeowners Association Information
- Condo/Coop Fee: $710
- Condo/Coop Fee Frequency: Monthly
- HOA/Condo/Coop Management Type: Professional - On-site
- HOA/Condo/Coop Fee Includes: Common Area Maintenance, Ext Bldg Maint, Gas, Heat, Insurance, Management, Pool(s), Reserve Funds, Sewer, Snow Removal, Trash, Water
- HOA/Condo/Coop Amenities: Common Grounds, Extra Storage, Picnic Area, Pool - Outdoor
- School Information
- School District Name: ARLINGTON COUNTY PUBLIC SCHOOLS
- School District Source: Listing Agent
- Location Information
- Outside City Limits
- Directions: GPS to South side of Park Spring Condos
- Entry Floor Number: 3
- Transportation: Airport less than 10 miles, Bus Stop less than 1 mile, Metro/Subway Station 1 to 3 miles
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: 22001595
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 #301
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1282 Sq. Ft. | — |
2 Beds | 1.5 Baths | 1063 Sq. Ft. | $314,346 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 1.5 Baths | 1063 Sq. Ft. | $331,288 |
1 Beds | 1 Baths | 835 Sq. Ft. | $293,191 |
| Address | Redfin Estimate |
|---|---|
1 Beds | 1 Baths | 835 Sq. Ft. | $258,395 |
2 Beds | 1.5 Baths | 1063 Sq. Ft. | $331,138 |
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