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Board affirms county assessment for Pierce condominium unit at 1781 North Pier Street
Summary
After questions about non‑linear floor adjustments, the board confirmed the county’s 2026 assessment of $1,519,300 for a two‑bed, two‑bath unit in a recently built high‑rise, citing the county’s sales analysis and floor/view calibrations.
The Arlington County Board of Equalization confirmed the 2026 assessment of $1,519,300 for unit 25504 at the Pierce condominium after reviewing sales and floor/view adjustments for the building.
County staff described the building as a high‑rise completed in 2021 and presented multiple sales across floors that staff used to calibrate non‑linear floor and view adjustments. Staff said that, after applying a negative 5% adjustment where appropriate, the subject’s combined assessment remained reasonable when compared with several sales in the analysis period.
Board members questioned why floor differentials were not perfectly linear but staff explained sales timing and a two‑year dispersion of sales in the building produced floor‑by‑floor differences that matched observed contracts. After deliberation the board voted to confirm the county assessment for 2026.
The board’s vote closes the appeal for the 2026 cycle; staff noted sales will continue to inform calibration of floor and view adjustments in future analyses.
