NOT LISTED FOR SALE

11 E Custis Ave Alexandria, VA 22301

Del Ray Neighborhood
Studio
1 Bath
3,800 Sq Ft
8,625 Sq Ft Lot

Last Sold December 29, 2021

Last sale price $1,650,000 $434 Per Sq Ft

27 Days on Market

Highlights

  • Traditional Floor Plan
  • Porch
  • Window Unit Cooling System
  • Wood Flooring
  • Eat-In Kitchen
  • 2-minute walk to Judy Lowe Park

About This Home

As of December 2021

Fully leased four unit apartment building one block off of Mt Vernon Avenue in a fantastic central Del Ray location. Each unit boasts two bedrooms with a full bath, living area, in-unit laundry and private rear balconies (approximately 950 sq ft per apartment). Warm hardwood flooring, updated kitchens and a large lot complete the package. Units are separately metered for gas and electric. The building is currently fully leased at an annual combined rental amount of $91,140 per year. Tenants pay their gas and electric usage.

Last Agent to Sell the Property

Michael Manuel

(703) 683-0400 michael.manuel@longandfoster.com Long & Foster Real Estate, Inc. License #0225089800 Listed on: 11/10/2021

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Scott Fortney

(703) 244-8100 info@fortneyfineproperties.com Fortney Fine Properties, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,554

Year Built

  • Built in 1930 | Remodeled in 2000

Lot Details

  • 8,625 Sq Ft Lot
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Poured Concrete
  • Concrete Perimeter Foundation

Interior Spaces

  • Traditional Floor Plan
  • Ceiling Fan
  • Window Treatments
  • Wood Flooring
  • Unfinished Basement
  • Rear Basement Entry

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting
  • Outdoor Grill
  • Porch

Schools

  • Mount Vernon Elementary School
  • George Washington Middle School
  • Alexandria City High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Rent includes grounds maintenance
  • Tax Lot 561
  • Assessor Parcel Number 14877500

Community Details

Overview

  • Property has a Home Owners Association
  • 4 Units
  • 2-Story Building
  • Del Ray Subdivision

Building Details

  • Income includes apartment rentals

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,554

Year Built

Built in 1930 | Remodeled in 2000

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1930
  • Year Renovated: 2000
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Stove, Microwave, Dryer, Washer, Disposal, Dishwasher, Icemaker
  • Interior Amenities: Wood Floors, Ceiling Fan(s), Floor Plan - Traditional, Kitchen - Table Space, Window Treatments
  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Basement: Yes
  • Basement Type: Outside Entrance, Poured Concrete, Rear Entrance, Unfinished
  • Total Sq Ft: 5700
  • Living Area Sq Ft: 3800
  • Price Per Sq Ft: 473.68
  • Above Grade Finished Sq Ft: 3800
  • Below Grade Sq Ft: 1900
  • Total Below Grade Sq Ft: 1900
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Bbq Grill, Exterior Lighting
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Water Available, Sewer Available, Natural Gas Available, Electric Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • HOA: No
  • Association Recreation Fee: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: MOUNT VERNON
  • High School: ALEXANDRIA CITY
  • Middle Or Junior School: GEORGE WASHINGTON

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 500361.00
  • Land Assessed Value: 610687.00
  • Lot Size Acres: 0.20
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8625.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Very Good
  • Zoning: R 2-5
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Owner Occupied, Yearly
  • Ground Rent Exists: No
  • Rent Control: No
  • Rent Includes: Grounds Maintenance
  • Total Actual Rent: 91140.00
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 18278666
  • Tax Annual Amount: 12554.00
  • Assessor Parcel Number: 14877500
  • Tax Lot: 561
  • Tax Year: 2021

Multi Family

  • Income Includes: Apartment Rentals

MLS Schools

  • School District Name: ALEXANDRIA CITY PUBLIC SCHOOLS
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2021 12/29/21 Sold $1,650,000 -8.3% $434 / Sq Ft
11/10/2021 11/10/21 For Sale $1,800,000 0.0% $474 / Sq Ft
06/04/2018 06/04/18 Rented $1,810 0.0% --
06/04/2018 06/04/18 Under Contract -- -- --
05/03/2018 05/03/18 For Rent $1,810 +0.6% --
06/29/2015 06/29/15 Rented $1,800 0.0% --
05/29/2015 05/29/15 Off Market $1,800 -- --
05/15/2015 05/15/15 Under Contract -- -- --
05/05/2015 05/05/15 For Rent $1,800 -- --
Source: Bright MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $20,717 $1,592,494 $671,756 $920,738
2024 $20,717 $1,621,203 $671,756 $949,447
2023 $17,471 $1,573,984 $671,756 $902,228
2022 $12,333 $1,111,048 $610,687 $500,361
2021 $12,333 $1,111,048 $610,687 $500,361
2020 $14,156 $1,111,048 $610,687 $500,361
2019 $12,189 $1,078,687 $592,900 $485,787
2018 $11,950 $1,057,536 $592,900 $464,636
2017 $11,716 $1,036,800 $592,900 $443,900
2016 $11,125 $1,036,800 $592,900 $443,900
2015 $10,497 $1,006,460 $539,000 $467,460
2014 $10,221 $980,000 $539,000 $441,000
Source: Public Records

Agents Affiliated with this Home

  • Michael Manuel

    Seller's Agent in 2021

    Michael Manuel

    Long & Foster

    (703) 615-6317

    6 in this area

    88 Total Sales

    Michael Manuel
    Section Image
  • Scott Fortney

    Buyer's Agent in 2021

    Scott Fortney

    Fortney Fine Properties, LLC

    (703) 244-8100

    4 in this area

    47 Total Sales

    Scott Fortney
    Section Image

  • W

    Seller's Agent in 2018

    Will Smith

    Zentropolis Inc

  • A

    Seller's Agent in 2015

    Alice Fitzgerald

    Zentropolis Inc

    Section Image

  • H

    Buyer's Agent in 2015

    Hunter Smith

    WHS Real Estate, LLC

    (702) 506-1588

    4 Total Sales

    Hunter Smith
    Section Image
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Map

Source: Bright MLS

MLS Number: VAAX2005322

Bright MLS
Virginia Alexandria County Alexandria 22301 Del Ray

11 E Custis Ave, Alexandria, VA

Not Listed for Sale

MultiFamily

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