$381,175
SOLD JUL 31, 2024 RENTED AUG 1, 2024
1 Bed
1 Bath
624 Sq Ft
$330/mo HOA Fee

Recently Sold

$611 Per Sq Ft

5% Below List Price

20 Days on Market

Highlights

  • Colonial Architecture
  • Community Pool
  • Crown Molding
  • Traditional Floor Plan
  • Eat-In Kitchen
  • 5-minute walk to Montgomery Park

About This Home

As of July 2024

**Charming 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 Sell the Property

Reem Trahan

Reem & Co. Real Estate License #0225087264 Listed on: 06/27/2024

Last Buyer's Agent

Reem Trahan

Reem & Co. Real Estate License #0225087264 Listed on: 06/27/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,890

Year Built

  • Built in 1944

HOA Fees

  • $330 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 624 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Crown Molding
  • Wood Burning Fireplace
  • Screen For Fireplace
  • Fireplace Mantel
  • Window Treatments
  • Window Screens
  • French Doors

Kitchen

  • Eat-In Kitchen
  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • 1 Off-Street Space
  • Assigned parking located at #64
  • On-Street Parking
  • 1 Assigned Parking Space

Schools

  • Jefferson-Houston Elementary And Middle School
  • Alexandria City High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50341310

Community Details

Overview

  • Association fees include water, trash, snow removal, sewer, pool(s), reserve funds, management, exterior building maintenance, lawn maintenance, insurance
  • 120 Units
  • Low-Rise Condominium
  • Canal Place Condominiums
  • Canal Place Subdivision
  • Property Manager

Amenities

  • Common Area
  • Community Storage Space

Recreation

Pet Policy

  • Pets allowed on a case-by-case basis

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,890

Year Built

Built in 1944

Lot Details

0

HOA Fees

$330 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-06-28
  • Federal Flood Zone: No
  • Year Built: 1944
  • Assigned Parking Space Numbers: 64
  • Automatically Close On Close Date: No
  • Remarks Public: **Charming 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!
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Washer, Stove
  • Entry Floor: 2
  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Carpet, Kitchen - Table Space, Crown Moldings, Floor Plan - Traditional, Window Treatments
  • Window Features: Screens
  • Fireplace Features: Wood, Mantel(s), Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: French
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 624
  • Living Area Sq Ft: 624
  • Price Per Sq Ft: 641.03
  • Above Grade Finished Sq Ft: 624
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1111

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, On Street
  • Off Street Parking Spaces: 1

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Main Entrance Lock, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Water Available, Sewer Available, Phone Available, Electric Available, Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 329.62
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Canal Place Condominiums
  • HOA Condo Co-Op Amenities: Common Grounds, Pool - Outdoor, Extra Storage
  • HOA Condo Co-Op Fee Includes: Water, Trash, Snow Removal, Sewer, Pool(s), Reserve Funds, Management, Ext Bldg Maint, Lawn Maintenance, Insurance
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: ALEXANDRIA CITY PUBLIC SCHOOLS
  • Elementary School: JEFFERSON-HOUSTON
  • Middle School: JEFFERSON-HOUSTON
  • High School: ALEXANDRIA CITY
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121139111593
  • School District Source: Listing Agent
  • Elementary School: JEFFERSON-HOUSTON
  • High School: ALEXANDRIA CITY
  • Middle Or Junior School: JEFFERSON-HOUSTON

Lot Info

  • Land Use Code: 14
  • Year Assessed: 2023
  • Zoning: RA
  • In City Limits: Yes

Rental Info

  • Lease Considered: No
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 3890.00
  • Assessor Parcel Number: 50341310
  • Tax Total Finished Sq Ft: 624
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 07/31/2024

MLS Schools

  • School District Name: ALEXANDRIA CITY PUBLIC SCHOOLS

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
$404,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$402,073
Avg. Annual Appreciation
6.60%
Original Mortgage
$266,822
Outstanding Balance
$264,321
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$140,202

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%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $381,175 Commonwealth Land Title
Warranty Deed $325,000 --
Warranty Deed $305,000 --
Deed $130,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $266,822 New Conventional
Previous Owner $206,000 New Conventional
Previous Owner $227,500 New Conventional
Previous Owner $244,000 New Conventional
Previous Owner $126,100 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
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

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 $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

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Map

Source: Bright MLS

MLS Number: VAAX2035332

Bright MLS

APN: 045.03-0C-1111.2B