331 S  Wayne St, Arlington, VA 22204
Property image
Property image
OFF MARKET

$720,900

Trulia Estimate
  • 2 Beds
  • 2 Baths
  • 1,671 sqft

331 S Wayne St, Arlington, VA 22204

Penrose
Est. Refi. Payment $4,288/mo*
Refinance Your Home
Currently Off Market - Sold Nov 7, 2024 for $695,000

Home Value

Trulia Estimate
$721K
Since last month
Decreased$6K (-0.9%)
Since last year
Increased$16K (+2.2%)
Since last sale
Increased$25K (+3.6%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +39% in the last 10 years
MonthEstimated value
2026
August 2026$720K
July 2026$726K
June 2026$724K
May 2026$721K
April 2026$722K
March 2026$714K
February 2026$707K
January 2026$703K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.06
Single-Family Home
$745,000
05/15/26
2
2
1,497
0.05
Single-Family Home
$640,000
03/20/26
2
1.5
1,194
0.08
Single-Family Home
$650,000
02/13/26
2
3
1,732
0.21
Single-Family Home
$700,000
04/27/26
2
1.5
853
0.40
Single-Family Home
$705,000
07/30/26
3
2
1,410
0.16
Single-Family Home
$700,000
07/07/26
3
2
2,514
0.53
Single-Family Home
$635,000
10/17/25
2
2
1,350
0.09
Single-Family Home
$890,000
12/04/25
3
1.5
2,577
0.11
Single-Family Home
$612,500
11/18/25
4
3
2,448
0.06
Single-Family Home
$1,125,000
05/27/26
3
2.5
2,008

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.03
$530,700
2
1
950
Off Market
0.03
$573,500
2
1
850
Off Market
0.06
$745,000
2
2
1,497
Recently Sold
0.05
$632,400
2
1
1,275
Off Market
0.05
$977,500
4
3.5
2,430
Off Market
0.07
$601,000
2
1
850
Off Market
0.04
$620,600
2
1
956
Off Market
0.08
$711,300
3
3
1,767
Off Market
0.06
$693,900
3
2
1,305
Off Market
0.05
$640,000
2
1.5
1,194
Recently Sold
0.06
$585,000
2
1.5
956
For Sale

Local Information

  • Map ViewExplore the area around 331 S Wayne St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1940
Living Area
1,671 sqft
Price/Sqft
$431
Parking
1 Open Spaces

About this House

Discover the property you've been waiting for! This rare expanded 2-bedroom, 2-bathroom duplex spans three levels in the vibrant heart of Penrose. Step inside to find an abundance of natural light and stunning hardwood floors that lead to the spacious dining area and generously upgraded kitchen—designed for optimal functionality. The open-concept layout seamlessly connects to the family room, featuring recessed lighting and a cozy gas fireplace, perfect for unwinding or entertaining. Upstairs, the Primary Bedroom impresses with a dedicated workspace/sitting area, in-unit laundry, ample closet space, and a luxurious bathroom that will delight even the most discerning buyer. The second bedroom offers unique access to a charming third-level flex space, ideal for kids or as a versatile hangout. Conveniently located just minutes from Penrose Park, Starbucks, Giant, Columbia Pike, Ft. Myer, Clarendon, and D.C., this property is a must-see!
331 S Wayne St, Arlington, VA 22204 is a 2 bedroom, 2 bathroom, 1,671 sqft single-family home in Penrose, built in 1940. It last sold for the $695,000 asking price on Nov 7, 2024. More recently, it was listed as a rental in July 2024 with an asking price of $3,800 per month. That rental listing was removed on September 13, 2024. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $720,900, with a rent estimate of $3,313/month.
Last check for updates: about 7 hours ago
Listed by Michelle Doherty, (703) 501-1364
RLAH @properties
Bought with: Courtney Draper, (201) 674-6425, Coldwell Banker Realty
Source: Bright MLS, MLS#VAAR2048100

Home Details for 331 S Wayne St

Interior Features

Interior Details
Number of Rooms: 1Types of Rooms: Basement
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1671 Square Feet
Appliances & Utilities
Appliances: Gas Water Heater
Heating & Cooling
Heating: Central,ElectricHas CoolingAir Conditioning: Central Air,ElectricHas HeatingHeating Fuel: Central
Fireplace & Spa
Number of Fireplaces: 1Has a Fireplace
Levels, Entrance, & Accessibility
Stories: 3Levels: ThreeAccessibility: None
View
No View

Exterior Features

Exterior Home Features
Other Structures: Above Grade, Below GradeFoundation: Crawl SpaceNo Private Pool
Parking & Garage
Open Parking Spaces: 1No CarportNo GarageNo Attached GarageHas Open ParkingParking Spaces: 1Parking: Driveway
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 1671 Square Feet

Property Information

Year Built
Year Built: 1940
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: Twin/Semi-DetachedArchitecture: Colonial
Building
Construction Materials: BrickNot a New ConstructionAttached To Another Structure
Property Information
Parcel Number: 24030016

Price & Status

Price
List Price: $695,000
Status Change & Dates
Off Market Date: Fri Nov 08 2024Possession Timing: Close Of Escrow

Active Status

MLS Status: CLOSED

Location

Direction & Address
City: ARLINGTONCommunity: Penrose
School Information
Elementary School District: Arlington County Public SchoolsJr High / Middle School District: Arlington County Public SchoolsHigh School District: Arlington County Public Schools

Building

Building Area
Building Area: 1671 Square Feet

Community

Not Senior Community

HOA

No HOA

Lot Information

Lot Area: 2750 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Agreement Type: Exclusive Right To Sell

Business

Business Information
Ownership: Fee Simple

Miscellaneous

Mls Number: VAAR2048100Above Grade Unfinished Area: 1671

Price and Tax history

DateEventPrice
Nov 7, 2024
Source: Bright MLS #VAAR2048100
Sold
$695,000
Oct 8, 2024
Source: Bright MLS #VAAR2048100
Contingent
$695,000
Oct 2, 2024
Source: Bright MLS #VAAR2048100
PriceChange
$695,000
Price decreased by 3%
Sep 24, 2024
Source: Bright MLS #VAAR2048100
PendingToActive
$715,000
Sep 20, 2024
Source: Bright MLS #VAAR2048100
Contingent
$715,000

Market trends in Arlington

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$812K
$26.67K
MoM
Sale-to-List Price
100.0%
Price per sq ft
$507
$6
MoM
Available listings
642
5
MoM

Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Penrose

At least 26 Trulia users voted on each feature.
  • 100 % Say it's dog friendly

  • 100 % Say there are sidewalks

  • 94 % Say it's walkable to grocery stores

  • 93 % Say it's walkable to restaurants

  • 81 % Say people would walk alone at night

  • 80 % Say streets are well-lit

  • 74 % Say there's holiday spirit

  • 73 % Say kids play outside

  • 73 % Say parking is easy

  • 69 % Say car is needed

  • 60 % Say it's quiet

  • 57 % Say yards are well-kept

  • 56 % Say neighbors are friendly

  • 50 % Say they plan to stay for at least 5 years

  • 47 % Say there's wildlife

  • 41 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "This is a great neighborhood with lots of shopping and restaurants. Easy transit and parking. I have lived here almost twenty years. Love the neighborhood. "
  • Marvi S.
    "Very caring neighbors, clean neighborhood, ease of getting around, affordable rents. Bus stop is at a hop away from my building. We can reach nearest metro station (Pantagon City) in 7-9 minutes. Blue and yellow line can easily take us anywhere in DC with fewer transfers. Grocery shops are on very short walking distance."
  • Marvi S.
    "Many families in our neighborhood. This area is really good for kids. Public transport is very easily available. Groceries stores are a hop away."
  • Sue.dorr
    "I see a lot of friendly people and their dogs when I’m out walking my dog. The dog park is close and well maintained "
  • Dkkim66
    "Very easy commute to DC, easy access to Metro via bus, or 20 minute walk, bike friendly. Close to shopping and restaurant s."
  • Alejandrosandoval
    "Really nice neighborhood I have lived here for the past 2 years and it is lovely highly recommended "
  • GV
    "Nice area just completely self absorbed residents. Just a very cold place. There are lost of restaurants that are good. But like I said the resident done care a bit about anyone but them selves. "
  • Chris
    "Great neighborhood! Safe, walkable to bars, restaurants, Pentagon, Pentagon City, Farmers market, lots to do!"
  • 8ertom
    "Parking can sometimes be a hassle, there is a lot of street parking that goes on in the neighborhood "

LGBTQ Local Legal Protections

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc. Click here for more information

Frequently asked questions about 331 S Wayne St

  • What is 331 S Wayne St estimated to be worth?
    Trulia's estimated value for 331 S Wayne St in Arlington, VA is $720,900.
  • What is the price history for 331 S Wayne St?
    331 S Wayne St in Arlington, VA last sold for $695,000 in November 2024.
  • Is Arlington a buyer's or seller's market?
    Arlington is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Arlington?
    The median sale price in Arlington is $812K. That is up $26.67K from the prior month.
  • Does 331 S Wayne St have air conditioning?
    Yes, 331 S Wayne St in Arlington, VA has air conditioning.
  • How big is the lot at 331 S Wayne St?
    The lot at 331 S Wayne St in Arlington, VA is about 0.06 acres (2,750 sq ft).

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