NOT LISTED FOR SALE

Estimated Value: $4,789,254

6 Beds
7 Baths
10,112 Sq Ft
$474/Sq Ft Est. Value

Last Sold June 19, 2019

Last sale price $3,125,000 $309 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $29,814/month

51 Days on Market

Highlights

  • 0.19 Acre Lot
  • Attic
  • 4 Fireplaces
  • Colonial Architecture
  • Loft
  • 2-minute walk to Armory Tot Lot

About This Home

As of June 2019

Historic Old Town charm in circa 1850s semi-detached brick colonial. Largest mixed-use property currently for sale in Old Town at over 10,000 SF. Also one of the lowest priced on a square-footage basis at $370/SF. First floor is vacant commercial space but can be converted to residential under existing zoning. 2nd floor includes a recently renovated 2-BR loft-style apt, a 3-BR apt., and a commercial office. Plus 1-BR attic apt. Upper levels fully leased, generating $100K gross income. There are 4 fireplaces in all, skylights on the main floor, and a rear patio with access easement to S. Royal St. Vacant land at rear of lot could allow additional density for either residential or commercial expansion. Buyer should perform its own due diligence with City of Alexandria Dept. of Planning and Zoning to determine. Many possibilities exist for an owner/investor, plus bonus rental income to offset mortgage. Bring your architect!

Last Agent to Sell the Property

Geoffrey Lindsay

Capital Realty Advisors Listed on: 03/06/2019

Last Buyer's Agent

Jake Ermer

Hogan Companies Residential

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $33,615

Year Built

  • Built in 1813

Lot Details

  • 8,276

Parking

  • On-Street Parking

Home Design

  • Semi-Detached or Twin Home
  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 10,112 Sq Ft Home
  • Property has 2.5 Levels
  • 4 Fireplaces
  • Gas Fireplace
  • Loft
  • Attic
  • Basement

Bedrooms and Bathrooms

  • 6 Bedrooms

Additional Features

  • Patio
  • 8,276 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Old Town Subdivision

Listing and Financial Details

  • Tax Lot 703
  • Assessor Parcel Number 074.02-07-25

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$33,615

Year Built

Built in 1813

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: No
  • Year Built: 1813
  • Remarks Public: Historic Old Town charm in circa 1850s semi-detached brick colonial. Largest mixed-use property currently for sale in Old Town at over 10,000 SF. Also one of the lowest priced on a square-footage basis at $370/SF. First floor is vacant commercial space but can be converted to residential under existing zoning. 2nd floor includes a recently renovated 2-BR loft-style apt, a 3-BR apt., and a commercial office. Plus 1-BR attic apt. Upper levels fully leased, generating $100K gross income. There are 4 fireplaces in all, skylights on the main floor, and a rear patio with access easement to S. Royal St. Vacant land at rear of lot could allow additional density for either residential or commercial expansion. Buyer should perform its own due diligence with City of Alexandria Dept. of Planning and Zoning to determine. Many possibilities exist for an owner/investor, plus bonus rental income to offset mortgage. Bring your architect!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 4
  • Fireplace: Yes
  • Levels Count: 2.5
  • Room List: Loft, Commercial/Retail Space, Attic
  • Basement: Yes
  • Total Sq Ft: 10112
  • Living Area Sq Ft: 10112
  • Price Per Sq Ft: 370.85
  • Above Grade Finished Sq Ft: 10112
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 110

Beds/Baths

  • Bedrooms: 6
  • Total Bathrooms: 7
  • Full Bathrooms: 3
  • Half Bathrooms: 4
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 4
  • Upper Level Bathrooms: 3.00
  • Upper Level 2 Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Upper Level 2 Full Bathrooms: 1
  • Main Level Half Bathrooms: 3
  • Upper Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • 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: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: ALEXANDRIA CITY PUBLIC SCHOOLS
  • School District Key: 121139111593
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Improvement Assessed Value: 1285000.00
  • Land Assessed Value: 1689807.00
  • Lot Size Acres: 0.19
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8276.40
  • Outdoor Living Structures: Patio(s)
  • Year Assessed: 2019
  • Zoning: CD
  • Zoning Description: Commercial Downtown
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Total Actual Rent: 100000.00
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 18277304
  • Tax Annual Amount: 33615.00
  • Assessor Parcel Number: 074.02-07-25
  • Tax Lot: 703
  • Tax Total Finished Sq Ft: 10112
  • Tax Data Updated: No
  • Tax Year: 2019
  • Close Date: 06/19/2019

MLS Schools

  • School District Name: ALEXANDRIA CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2022
Sold by
Ws 110 Pitt Llc
Bought by
Arrived Holding Llc
Current Estimated Value
$4,789,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,697,500
Outstanding Balance
$3,433,095
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$1,235,178

Purchase Details

Listed on
Mar 6, 2019
Closed on
Jun 19, 2019
Sold by
110 South Pitt Llc
Bought by
Ws 110 Pitt Llc
Seller's Agent
Geoffrey Lindsay
Capital Realty Advisors
Buyer's Agent
Jake Ermer
Hogan Companies Residential
List Price
$3,750,000
Sold Price
$3,125,000
Premium/Discount to List
-$625,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.81%
Original Mortgage
$2,187,500
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 24, 2002
Sold by
Rooks W Howard
Bought by
110 South Pitt L L C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
6.08%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Arrived Holding Llc $4,350,000 None Listed On Document
Ws 110 Pitt Llc $3,125,000 Attorney
110 South Pitt L L C $1,650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arrived Holding Llc $150,000
Open Arrived Holding Llc $3,697,500
Previous Owner Ws 110 Pitt Llc $2,187,500
Previous Owner 110 South Pitt Llc $1,800,000
Previous Owner 110 South Pitt L L C $1,300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2019 06/19/19 Sold $3,125,000 -16.7% $309 / Sq Ft
04/26/2019 04/26/19 Pending -- -- --
03/06/2019 03/06/19 For Sale $3,750,000 -- $371 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

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 $39,450 $3,591,000 $1,879,353 $1,711,647
2024 $39,450 $3,420,000 $1,789,860 $1,630,140
2023 $37,962 $3,420,000 $1,789,860 $1,630,140
2022 $24,864 $2,240,000 $1,723,643 $516,357
2021 $30,399 $2,240,000 $1,723,643 $516,357
2020 $34,231 $3,034,303 $1,723,643 $1,310,660
2019 $33,615 $2,974,807 $1,689,807 $1,285,000
2018 $33,615 $2,974,807 $1,689,807 $1,285,000
2017 $33,615 $2,974,807 $1,689,807 $1,285,000
2016 $30,790 $2,869,488 $1,686,271 $1,183,217
2015 $29,701 $2,847,659 $1,532,974 $1,314,685
2014 $29,701 $2,847,659 $1,532,974 $1,314,685
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAAX226900

Bright MLS

APN: 074.02-07-25