$370,000 - $445,000
RENTED AUG 1, 2024

Canal Place Condo 1111 N Pitt St Unit 2B Alexandria, VA 22314

Old Town Neighborhood
1 Bed
1 Bath
624 Sq Ft
$644 Price per Sq Ft

Last Sold July 31, 2024

Last sale price $381,175 $611 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,604/month

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!

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
$401,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$399,267
Avg. Annual Appreciation
6.53%
Original Mortgage
$266,822
Outstanding Balance
$265,019
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$136,698

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%

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 Claire $206,000
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 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

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
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

    Seller's Agent in 2024

    Reem Trahan

    Reem & Co. Real Estate

    (703) 906-9091

    3 in this area

    104 Total Sales

    Reem Trahan
    Section Image

  • A

    Buyer's Agent in 2024

    Avery Harries

    Compass

    (703) 408-7036

    1 in this area

    14 Total Sales

    Avery Harries
    Section Image
  • Joan Stansfield

    Seller's Agent in 2014

    Joan Stansfield

    Samson Properties

    (703) 505-3898

    229 Total Sales

    Joan Stansfield
    Section Image
See All Agents

About Canal Place Condo

Map

Virginia Alexandria County Alexandria 22314 Old Town

1111 N Pitt St Unit 2B, Alexandria, VA

Homes for Sale in Alexandria, VA

This home is located at 1111 N Pitt St Unit 2B, Alexandria, VA 22314 and is currently estimated at $401,717, approximately $643 per square foot. 1111 N Pitt St Unit 2B is a home located in Alexandria City with nearby schools including Jefferson-Houston Elementary School, Alexandria City High School, and Potomac Crescent Waldorf School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes