Landlord's Agent in 2024
Reem Trahan
Reem & Co. Real Estate
(703) 906-9091
3 in this area
100 Total Sales
Canal Place Condo 1111 N Pitt St Unit 2B Alexandria, VA 22314
Old Town NeighborhoodEstimated Value: $358,000 - $398,896
1
Bed
1
Bath
624
Sq Ft
5,271
Sq Ft Lot
Highlights
- Private Pool
- Colonial Architecture
- Balcony
- View of Trees or Woods
- Traditional Floor Plan
- 5-minute walk to Montgomery Park
About This Home
As of August 2024Charming 1 Bedroom Condo w/ 1 Assigned Parking Space (#64) in Canal Place, Old Town Alexandria * *
Welcome to your dream home in the heart of Old Town Alexandria! Nestled in the serene and historic Canal Place neighborhood in North Old Town, this sunny, updated 1-bedroom, 1-bathroom condo boasts a unique blend of elegance, character, and convenience. The spacious living room is filled with natural light pouring in through a Juliet balcony with French doors, accentuating the elegant crown molding and custom mantle surrounding the cozy wood-burning fireplace. The bedroom features plantation shutters, adding a touch of class and ensuring peaceful, restful nights. The bright, eat-in kitchen is a chef’s delight, complete with modern updates including new cabinets, a stylish backsplash, quartz countertops, a new sink, and a dishwasher, all installed in 2017. Enjoy the convenience of a stacked washer/dryer right in the kitchen. The bathroom has been tastefully updated with a new toilet and sink in 2021, and the hot water heater was replaced in spring 2024, ensuring worry-free living.
This condo is part of the charming, smaller Canal Place community, providing a friendly neighborhood feel and allowing you to get to know your neighbors. You'll love the designated off-street assigned parking spot # 64, a rare find in Old Town, along with 2 additional visitor spots. The unit comes with a storage unit (2B). Location is everything, and this condo has it all.
Just steps away from the scenic Mt. Vernon Trail, lush parks, a variety of restaurants, grocery stores, and the metro, you have all the amenities of city living with the tranquility of a quiet neighborhood. Enjoy the picturesque waterfront and activities at your leisure. The nearby Thursday farmers market is a delightful addition, offering fresh, local produce and goods. Don't miss out on this opportunity to own a piece of Old Town's charm. With its unique character, beautiful updates, and unbeatable location, this condo in the coveted Canal Place neighborhood is truly a gem. Come see it for yourself and fall in love with your new home!
Last Agent to Rent the Property
(703) 906-9091 reem@askreem.com Reem & Co. Real Estate License #0225087264 Listed on: 07/17/2024
Condo Details
Home Type
- Condominium
Est. Annual Taxes
- $4,260
Year Built
- Built in 1944 | Remodeled in 2017
Lot Details
- Landscaped
Property Views
- Woods
- Garden
- Courtyard
Home Design
- Colonial Architecture
- Entry on the 2nd floor
- Brick Exterior Construction
Interior Spaces
- 624 Sq Ft Home
- Property has 1 Level
- Traditional Floor Plan
- Crown Molding
- Ceiling height of 9 feet or more
- Screen For Fireplace
- Fireplace Mantel
- Window Treatments
- Entrance Foyer
- Living Room
- Intercom
- Eat-In Kitchen
- Washer and Dryer Hookup
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- En-Suite Primary Bedroom
- 1 Full Bathroom
Parking
- Assigned parking located at #64
- On-Street Parking
- Parking Lot
- Off-Street Parking
- 1 Assigned Parking Space
Outdoor Features
- Balcony
- Outdoor Storage
Utilities
- Heat Pump System
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Residential Lease
- Security Deposit $2,300
- Tenant pays for cable TV, electricity, fireplace/flue cleaning, hot water, insurance, light bulbs/filters/fuses/alarm care, minor interior maintenance, pest control, utilities - some, windows/screens
- The owner pays for insurance, repairs, real estate taxes, association fees
- Rent includes common area maintenance, hoa/condo fee, HVAC maint, sewer, snow removal, taxes, trash removal, water
- No Smoking Allowed
- 6-Month Min and 36-Month Max Lease Term
- Available 8/1/24
- $39 Application Fee
- Assessor Parcel Number 50341310
Community Details
Overview
- Property has a Home Owners Association
- Association fees include exterior building maintenance, lawn maintenance, management, insurance, pool(s), reserve funds, sewer, water
- Low-Rise Condominium
- Canal Place Community
- Canal Place Subdivision
Amenities
- Common Area
Recreation
Pet Policy
- Pets allowed on a case-by-case basis
- Pet Deposit $750
- $150 Monthly Pet Rent
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 17, 2024
Closed on
Jul 31, 2024
Sold by
Woll Hannah Claire
Bought by
Reem Tratian and Trahan Donald E
Seller's Agent
Reem Trahan
Reem & Co. Real Estate
Buyer's Agent
Avery Harries
Compass
Sold Price
$2,450
Views
52
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$378,849
Avg. Annual Appreciation
0.03%
Original Mortgage
$266,822
Outstanding Balance
$263,849
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$117,450
Purchase Details
Listed on
May 2, 2014
Closed on
Jun 27, 2014
Sold by
Gunderson Abigail L
Bought by
Woll Hannah C
Seller's Agent
Joan Stansfield
Samson Properties
Buyer's Agent
Reem Trahan
Reem & Co. Real Estate
List Price
$325,000
Sold Price
$325,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.59%
Original Mortgage
$227,500
Interest Rate
4.19%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 16, 2009
Sold by
Morrison Kimberly D
Bought by
Gunderson Abigail L and Gunderson Jr Glenn K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
5.02%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 30, 2001
Sold by
White Susan J
Bought by
Morrison Kimberly D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,100
Interest Rate
6.96%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Reem Tratian | $381,175 | Commonwealth Land Title | |
| Woll Hannah C | $325,000 | -- | |
| Gunderson Abigail L | $305,000 | -- | |
| Morrison Kimberly D | $130,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Reem Tratian | $266,822 | |
| Previous Owner | Woll Hannah C | $227,500 | |
| Previous Owner | Gunderson Abigail L | $244,000 | |
| Previous Owner | Morrison Kimberly D | $126,100 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/01/2024 08/01/24 | Rented | $2,450 | 0.0% | -- | |
| 07/31/2024 07/31/24 | Sold | $381,175 | 0.0% | $611 / Sq Ft | View Prior Sale |
| 07/26/2024 07/26/24 | Under Contract | -- | -- | -- | |
| 07/25/2024 07/25/24 | Off Market | $2,300 | -- | -- | |
| 07/17/2024 07/17/24 | For Rent | $2,300 | 0.0% | -- | |
| 06/27/2024 06/27/24 | For Sale | $400,000 | +23.1% | $641 / Sq Ft | |
| 06/27/2014 06/27/14 | Sold | $325,000 | 0.0% | $521 / Sq Ft | View Prior Sale |
| 05/12/2014 05/12/14 | Pending | -- | -- | -- | |
| 05/02/2014 05/02/14 | For Sale | $325,000 | -- | $521 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $4,260 | $381,788 | $157,270 | $224,518 |
| 2024 | $4,260 | $367,521 | $151,221 | $216,300 |
| 2023 | $4,139 | $372,926 | $146,817 | $226,109 |
| 2022 | $4,139 | $372,926 | $146,817 | $226,109 |
| 2021 | $3,876 | $349,202 | $137,212 | $211,990 |
| 2020 | $3,782 | $339,031 | $133,215 | $205,816 |
| 2019 | $3,654 | $323,363 | $126,872 | $196,491 |
| 2018 | $3,654 | $323,363 | $126,872 | $196,491 |
| 2017 | $3,551 | $314,236 | $123,177 | $191,059 |
| 2016 | $3,274 | $305,111 | $114,052 | $191,059 |
| 2015 | $3,314 | $317,706 | $114,052 | $203,654 |
| 2014 | $3,314 | $317,706 | $114,052 | $203,654 |
Source: Public Records
Agents Affiliated with this Home
-
Reem Trahan
-
Avery Harries
A
Tenant's Agent in 2024
Avery Harries
Compass
(703) 408-7036
1 in this area
16 Total Sales
-
Joan Stansfield
Seller's Agent in 2014
Joan Stansfield
Samson Properties
(703) 505-3898
222 Total Sales
About Canal Place Condo
Map
Source: Bright MLS
MLS Number: VAAX2036248
APN: 045.03-0C-1111.2B
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