May 29th, 2008 Categories: Arlington, Fairlington, Just for Fun, Keller Williams
Curious about Arlington County Crime Reports? The Arlington Policy Department publishes a daily report on local crime reports and events. Check out the daily list here. Daily reports generally cover significant incidents from the day before.
For more information on public safety in Arlington, visit the Public Safety Website.
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May 29th, 2008 Categories: Arlington, Fairlington, Keller Williams, Selling
Is it time to move? Need more space? Whatever the reason, if you’re thinking about selling your current property in Arlington, you’re going to wonder “How much is my house worth now?” Well that’s where we come in! Call us today for a FREE Comparative Market Analysis and we can show you facts and figures about your local market, and properties similar to yours, that will help establish a sale price.
For more details, call or email us today! 703.283.4524 or ScottMontgomery@kw.com
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April 27th, 2008 Categories: Fairlington, Keller Williams
The Fairlington Historic District located in the 22206 zip code is a great place for a starter home. With a quiet and cute little hidden “Pleasantville”-like atmosphere, and it’s proximity to both the Pentagon, Washington D.C., and neighboring cities/towns in VA, it’s a great place to live and buy a new home! Let’s take a closer look at recent sales in this area.-Since January 1st, there have been 40 properties sold in this area, and currently, 23 are under contract!!
-Of the 40 sold, the Average Sale Price (for properties ranging mostly from 1-2 bedrooms), is $382,681, close to roughly 90% of the initial listing price!!
-On top of these stats, the Average Days on Market, was only 46!
And people say this market is slow!! Want to take a closer look at the area? Call us today to schedule a showing! 703.283.4524
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March 3rd, 2008 Categories: Arlington, Fairlington, Keller Williams
The temporarily closed Fairlington Community Center will open this month (March),after undergoing some renovations. The Historic building underwent modernization improvements including new buildings systems, fire alarms and security, new windows, floors, walls, etc. to improve the functionality of the building, environmental efficiency, and community support. Most of the programs will begin in April, they include: the Art studio and library, preschool programs, dance and exercise rooms, a fitness center, and the Virginia Cooperative Extension - just to name a few. Please visit the Arlington website for more information on further renovations to the Community Center.
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July 15th, 2007 Categories: Fairlington, Keller Williams, Property Values
Fairlington, it’s an amazing neighborhood just outside our nations capitol, 4 to 5 miles from The White House and if you’re heading southwest it’s another 2 miles past the Pentagon. There are over 5,000 units within the neighborhood.
I often promote it as a must see for my first time home buyers and empty nesters alike. Sometimes most units would be considered ‘tight’ if you’re in your child rearing years- a family of 4 in one of the larger 1,500 square foot units could end up tripping over each other living everyday life but if thats what you can afford it’sa great neighborhood. At any rate, I have had tremendous luck in equity gains there as a primary residence owner and investor over the past 10…yes…10 years.
I have been debating selling one of my units in the neighborhood a few months now since my tenants lease is up and they are telling me they’re leaving. After relying on my past appraisal on a 2 bedroom 1 bath in early 2006 that came in at $408K. I figured with the ”slow down” in the market that maybe today it would go for $390K (give or take a few K’s) Heres the front door of the unit…
This morning I looked up the average rents in the neighborhood for this model and found I WILL be able to increase the rents about $150-$225 per month but my CMA search came back quite differently than expected!!As the system queried active and closed listings the list included one active, for sale, entered today property that caught my attention. It was the exact same unit as mine and it was selling for*********** $319K***********!!!!!!!!!!!!!!!!
After I picked myself up off the floor I immediately emailed the listing agent who specialized in an area about 20 miles West from here about why the price was SO LOW? Remember I am an agent and an investor in this neighborhood for the past 10 years! Within minutes she replied that, “things seem to be pretty stable now…but not what last year’s prices are…. 
“- I couldn’t believe she was defending her price. I had to vent somehere so you get the story..I couldn’t create a rift with another agent over this could I???
Is it possible that in just 17 months I could have a $100K drop in value? Please keep in mind this neighborhood is just outside of D.C. and most listing in this neighborhood fly out the door even in todays market.
Is this agent going to screw me (and anyone else in this little ecosystem of a community) when they try and sell their place for what they expect and the appraisals show a place that will undoubtedly sell within the first weekend for $100K less than the rest!…..UGH…Maybe I need to go buy it and flip it for a more acurate price 
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May 23rd, 2007 Categories: Fairlington, Keller Williams, Single Family Homes
Having been a long time owner in Fairlington, I wanted to share a few snippets about this amazing neighborhood for those in our area or those interested in coming to our area. Fairlington is a must see. I have captured a lot from www.fairlington.org below
Situated just south of the Pentagon and just about 5 miles from the White House, over the years this neighborhood has been quite an epicenter for government housing. I decided to forward along a little information from the neighborhood website I felt was interesting regarding the history of Fairlington.
Fairlington is a unique and historically significant community that was constructed for defense workers and their families by order of President Franklin D. Roosevelt in response to the D.C. housing shortage brought on by World War II.
“On the eve of American’s entry into World War II, President Roosevelt called in Houston architect Kenneth Franszheim to design housing for the wartime executives who would soon be working in and around Washington. Franzheim, joined by architect Alan B. Mills, was given his pick of skilled workers, and he had first crack at scarce building materials. He also had the money to do a first-rate job. Average cost per unit came to $10,300.”
(Fairlington Homes, 1943, Courtesy National Archives)After a condominium conversion in 1972, Hartford sold the two projects for about $59 million to Chicago Bridge and Iron Corporation, an international builder of heavy engineering structures. Hodges and Lee became minority stockholders and officers of a new entity, CBI-Fairmac Corporation. Hodges, its president, and Lee, the executive vice president, and treasurer, began work to convert Fairlington into seven condominium villages. Walter Hodges died in 1978, just as the rehabilitation of Fairlington was completed.
Today, Fairlington reflects the charm of times gone by. Brick colonial style, slate roofs, and tree-lined streets are a testament to the expert planning and design of renowned architects Kenneth Franzheim and Alan B. Mills, while the unique sense of commmunity is affirmation of the love Fairlington’s inhabitants feel for its past and their commitment to its future.
Fairlington remains a very well preserved example of the Colonial Revival style in Northern Virginia and in the Washington Metropolitan area.
Fairlington Becomes An Historic District
“On December 2, 1998, Fairlington was listed in the Virginia Landmarks Register and on March 29, 1999, in the National Register of Historic Places. These honors were the culmination of an effort begun in 1989 by Fairlington resident Lorraine Drolet.”Today Fairlington still thrives and has been a great neighborhood for many. Many government officials still call it home. I can recall not so long ago walking my dog in the early evening and having Newt Gingrich pull up in front of one of his friends houses and as as he got out of his car and started walking to his destination he commented on how cute my dog was and gave her a little pat on the head.
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May 16th, 2007 Categories: Buying, Fairlington, Keller Williams
There is a quaint little village of condominiums known as Fairlington in South Arlington. It is a community of condos with several in the form of a traditional townhome (in style/appearance). Specifically it is situated in the southern most corner of Arlington, just as you enter Alexandria. For that matter, part of the neighborhood is enclosed by Quaker lane and on the other side of Quaker lane is where Alexandria begins. For those in the area is its walking distance to Shirlington.
I coveted the neighborhood for many years before I could finally afford to buy. It was 1998 when I took possession of my first unit- an end unit -townhouse style with a finished basement, 2 bedroom, & 2 bath. I raised my dog, continued to court my lovely girlfriend (now wife) and learned the principles of homeownership. It was about 3 years later that my wife and decided the suburbs of Reston, VA were more our style for raising a family.
I have continued to invest in Fairlington and have much success in the equity gains. I have benefited from mostly military based tenants (the Pentagon is 2.5 miles down the road (direct shot via 395)) and will forever be enchanted by the lure of this well maintained and properly preserved historic site within the community. Please check this out for more information.
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Did you know you could find KW Mclean on ActiveRain.Com too? July 23rd, 2008
Scott Montgomery and Team can also be found participating in the ActiveRain Community. For over a year now we have been an active member of www.ActiveRain.com. In the past and even today we […]
Read MoreNorthern Virginia Real Estate Prices continue to FALL… July 23rd, 2008
Northern Virginia’s year to date average real estate sales price is down from last year.
Last years average sales price was $537,339.00 and this years grand total is $482,197.00. Thats is a […]
Keller Williams Mclean Virginia Realtor Scott Montgomery pledges…. July 23rd, 2008
We will never do this to your listing….
http://www.youtube.com/watch?v=sNSWccfdO3Y
Give us a call today to learn more about how we can help you sell your property the right way.
Scott Montgomery
703-283-4524
scottmontgomery@kw.com
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