For sale

$249,900

2846 Annandale Rd APT 220, Falls Church, VA 22042

2beds

682sqft

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Condominium

Built in 1966

-- sqft lot

$246,900 Zestimate^®

$366/sqft

$428/mo HOA

What's special

Practical layoutNice updates

Great opportunity for investors! This updated upper-level 2-bedroom, 1-bath condo offers immediate rental income with a tenant already in place. The current lease runs through August 31, 2027, with monthly rent of $1,750, making this a strong turnkey investment option. The unit features a practical layout, nice updates, and the added benefit of all utilities being included in the condo fee, which helps simplify ownership and monthly expense planning. A huge storage unit located in the laundry room area provides excellent additional space. Conveniently located near I-495, Falls Church Farmers Market, shopping, dining, and everyday conveniences, this property offers strong rental appeal in a desirable and accessible location. Whether you are looking to start or expand your rental portfolio, this tenant-occupied condo is a great opportunity to generate steady income from day one.

25 days

545

14

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 2

Basement

Area: 0

Heating

Central, Other

Cooling

Window Unit(s), Electric

Appliances

Included: Water Heater

Features

Has basement: No
Has fireplace: No

Interior area

Total structure area: 682
Total interior livable area: 682 sqft
Finished area above ground: 682
Finished area below ground: 0

Property

Parking

Parking features: Parking Lot

Accessibility

Accessibility features: None

Features

Levels: One
Stories: 1
Pool features: Community

Details

Additional structures: Above Grade, Below Grade
Parcel number: 0502 12 0220
Zoning: 220
Special conditions: Standard

Construction

Type & style

Home type: Condo
Property subtype: Condominium
Attached to another structure: Yes

Materials

Brick

Condition

New construction: No
Year built: 1966

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Condo and coop fee: $428 monthly
Subdivision: James Lee Condo

HOA

Has HOA: No
Amenities included: Pool
Services included: Electricity, Maintenance Structure, Gas, Heat, Management, Sewer, Snow Removal, Water

Location

Region: Falls Church

Financial & listing details

Price per square foot: $366/sqft
Tax assessed value: $226,070
Annual tax amount: $2,607
Date on market: 6/10/2026
Listing agreement: Exclusive Right To Sell
Ownership: Condominium

Estimated market value

$246,900

$235,000 - $259,000

$1,902/mo

Price history

Date	Event	Price
6/10/2026	Listed for sale	$249,900+63.3%$366/sqft
Source: Bright MLS #VAFX2319452 Report a problem
7/14/2014	Sold	$153,000-3%$224/sqft
Source: Public Record Report a problem
6/24/2014	Pending sale	$157,777$231/sqft
Source: Arlington Realty, Inc #FX8368789 Report a problem
6/6/2014	Listed for sale	$157,777+12.7%$231/sqft
Source: Arlington Realty, Inc #FX8368789 Report a problem
2/21/2014	Listing removed	$140,000$205/sqft
Source: Weichert Realtors #FX8239824 Report a problem
2/20/2014	Listed for sale	$140,000-15.2%$205/sqft
Source: Weichert, REALTORS #FX8239824 Report a problem
1/2/2014	Listing removed	$165,000$242/sqft
Source: Weichert Realtors #FX8239824 Report a problem
12/15/2013	Price change	$165,000-17.1%$242/sqft
Source: Weichert, REALTORS #FX8239824 Report a problem
11/26/2013	Listed for sale	$199,000-5.2%$292/sqft
Source: Weichert, REALTORS #FX8231145 Report a problem
6/6/2005	Sold	$210,000+328.6%$308/sqft
Source: Public Record Report a problem
1/21/1997	Sold	$49,000$72/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,292 +1.8%	$198,310 +2%
2024	$2,252 +4.7%	$194,420 +2%
2023	$2,151 +5.6%	$190,610 +7%
2022	$2,037	$178,140 +14%
2021	--	$156,260
2020	$1,849 -5.2%	$156,260 -5.2%
2019	$1,951 +6.1%	$164,850 +6.1%
2018	$1,839 +5.9%	$155,390 +3.9%
2017	$1,737 +4.1%	$149,610 +3.9%
2016	$1,668 +3.8%	$144,010
2015	$1,607 +9.2%	$144,010 +9%
2014	$1,471	$132,120 +42%
2013	--	$93,040 -3.4%
2012	--	$96,360
2011	--	$96,360
2010	--	$96,360 -26%
2009	--	$130,210 -28%
2008	--	$180,850 -12%
2007	--	$205,410 +175.2%
2003	--	$74,635 +15%
2002	--	$64,900

Find assessor info on the county website

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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