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248 N Thomas St APT 1, Arlington, VA, 22203

1beds
1baths
699sqft
$279,000
$399price/sqft
$1,853/moest. monthly cost
$74,120/yrincome needed

About This Home

*Existing lease at $2,200/month effective till November 2026 with option to renew* Discover the charm of this beautifully renovated 1-bedroom, 1-bathroom condo in the heart of Buckingham. Built in 1940, this first floor end-unit condo underwent a renovation in 2017, blending classic Colonial architecture with modern comforts. The inviting laminated flooring flows throughout, creating a warm and welcoming atmosphere. Enjoy the convenience of in-unit laundry with a washer/dryer combo included (no need to obtain permit from HOA), making everyday tasks a breeze. The well-maintained community offers amenities such as a fitness center and a community center, perfect for social gatherings or staying active. Nestled in a vibrant neighborhood, residents benefit from nearby shopping & restaurants, providing ample green space for relaxation and recreation. The local community is known for its friendly atmosphere and accessibility to essential public services. Excellent schools are within reach, ensuring quality education options for all. With off-street parking for 2 vehicles, this condo combines comfort and convenience. The association fee covers lawn maintenance and management, allowing you to enjoy a hassle-free lifestyle. This property is not just a home; it's a gateway to a thriving community where you can create lasting memories. Experience the perfect blend of comfort, convenience, and community in Buckingham. *NOTE: Existing LEASE at $2,200 monthly is in effect until November 2026*

Getting Around

86
WalkingVery Walkable
59
TransitGood Transit
87
BikeVery Bikeable

Schools

4/10
Barrett Elementary SchoolGrades PK-50.3 mi
8/10
Swanson Middle SchoolGrades 6-81.9 mi
7/10

Construction

Condition

  • Property condition: Excellent
  • Year built: 1940

Materials

  • Construction materials: Brick

Notable Dates

  • Major remodel year: 2017

Type & Style

  • Home type: Condo
  • Architectural style: Colonial
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Electric Water Heater
  • Laundry features: In Unit

Bathroom1

  • Level: Main

Bedroom1

  • Level: Main

Bedrooms & Bathrooms

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

Features

  • Flooring: Luxury Vinyl
  • Finished area below ground: 0
  • Finished area above ground: 699

Heating & Cooling

  • Heating features: Radiator,Natural Gas
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 699
  • Total interior livable area: 699 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 20029110
  • Attached to another structure: Yes
  • Zoning: RA8-18
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Pool features: None

Parking

  • Total spaces: 2
  • Parking features: Off Street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Heat Wave
Lightning
Winter Weather
Strong Wind

FEMA Declared Disasters Across Virginia Counties

Severe Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,410$16,920
Home Insurance *$44$528
Property Taxes $197$2,364
Electricity $202$2,433
Total$1,853$22,236
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$63,531/yr
40% on housing$55,590/yr
45% on housing$49,413/yr

Virginia FAIR Plan Programs

Virginia Property Insurance Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 22,622Commercial: 503
Total Premiums$20.86M
Total Exposure$4.29B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 7.8%
7.8%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$399This listing

vs Other Active Listings

Avg $/sqft

ZIP 22203$285
Arlington County$373

vs Homes Sold Last Month

Median $/sqft

ZIP 22203$630
Arlington County$477

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-27Price change$279,000
2026-07-03Price change$284,500
2026-06-01Listed for sale$295,000
2025-11-17Listing removed$2,175
2025-10-19Listed for rent$2,175
2025-10-16Listing removed$270,000
2025-09-25Price change$270,000
2025-08-28Price change$274,500
2025-08-02Listed for sale$279,000
2023-10-14Listing removed--
2023-09-20Price change$1,800
2023-09-01Listed for rent$1,950
2020-02-26Sold$266,500
2020-02-12Pending sale$255,000
2020-02-06Listed for sale$255,000

For Sale by Agent

AgentSandra Garrett
BrokerageKW Metro Center

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