Falls Church Condos: Woodlake Towers

July 6, 2011 by · Leave a Comment 

Woodlake Towers is a community of approximately 831 condos situated on a 27-acre campus. The community offers 26 different floor plans to suit many needs. Mature trees dot the campus, and the community includes an on-site grocery.  Other amenities include three fitness rooms, sauna rooms, tennis courts, two swimming pools, guest rooms, storage space, bike rooms, and picnic areas. Woodlake Towers also offers three conference rooms, a 24-hour staff, and fax and copying services.

Located on Arlington Boulevard near Seven Corners, Woodlake Towers is convenient to major commuting routes and is nearly three miles from both the East Falls Church and Ballston metro stations.

 

With a walk score of 49, Woodlake Towers is considered “car dependent.” However, dozens of restaurants are within a mile of residents’ front doors, including local favorites DogFish Head Ale House and Raaga. Three parks are also nearby: Upton Hill Regional Park, Powhatan Springs Park, and Bluemont Park, which includes Four Mile Run Trail and part of the Bluemont Junction Trail.

Currently, four units are actively listed for sale in MRIS, our local MLS. They range in price from $105,000 for a one-bed, one-bath unit with 785 square feet, to $210,000 for a 1,067-square foot unit with two beds and two baths. One of the units is a short sale, and none are foreclosures.

Ten units are currently under contract in Woodlake Towers. The average list price for units under contract is $133,220. Seventy percent of the units under contract are short sales, and none are foreclosures.

In the past year, 42 units have changed hands in Woodlake Towers. The average sold price is $124,433, and they sat on the market for an average of 48 days before selling. Fifteen of the homes that sold were short sales, and 13 were foreclosures.

If you’d like more information, please contact us. And if you’re selling your home (or are just curious), we’d be happy to provide you with a free market analysis of your home’s value.

Source: MRIS as of 7/5/2011. Information deemed reliable but not guaranteed.

 

 

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