Pimmit Hills is ideally located in Falls Church minutes from where you want to be. Minutes to the north is Tysons Corner with great shopping and entertainment. It is also one of the major employment centers in the area with major presence of financial and defence companies (Capital One, SAIC, MITRE, Fannie Mae etc.)
Pimmit Hills is further surrounded by popular destinations like McLean and Falls Church. Washington DC is less than 10 minutes away and Dulles airport is about 15 away via the Dulles Toll Road (Rt 267.)
Built in the 1950's, the 1,500+ single family homes typically have a quarter acre lot. Home prices range from the low $300's for a rambler with 3 bedrooms and 1 bathroom and upwards to $1M homes.
In 2008, a total of 45 homes were sold in the MLS. They took an average of 112 days to sell. The sold homes range from a 4br/1ba rambler at $281,000 to a 6,300 sq/ft, 5br/4.5ba colonial that sold for $935,000.
Like most places in the area, the prices have dropped steadily over the last few years. The community still offers a great value in an excellent location. If you want an affordable home with a yard and want to live close to Tysons Corner, Pimmit Hills is probably your best bet.
In Pimmit Hills, typical rent for a 3br/1ba rambler is in the $1,500-$1,600 range.
For more detailed information on each sale, please click on Sales Details 2008 for Pimmit Hills or send me an email at are@tysonsliving.com.
As you can see from the GRM graph - now is a great time to purchase investment real estate. With falling prices, stable/increasing rents and low interest rates the time is better now than in many years.
Are Andresen, Broker
Soldsense - your sixth sense in real estate
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