NOT LISTED FOR SALE

Parc East 1225 Martha Custis Dr Unit 818 Alexandria, VA 22302

North Ridge Neighborhood

Estimated Value: $328,000 - $353,000

2 Beds
2 Baths
1,135 Sq Ft
$778/mo HOA Fee

Last Sold March 16, 2021

Last sale price $285,000 $251 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,878/month

21 Days on Market

Highlights

  • Fitness Center
  • Panoramic View
  • Rambler Architecture
  • 24-Hour Security
  • Open Floorplan
  • Upgraded Countertops

About This Home

As of March 2021

Lovely fully-updated condo in the heart of it all! Spacious 1135 SF 2 bedroom/2 bath with lots of storage, and beautiful kitchen and baths! Enjoy the tranquil views from the balcony. Shirlington is just minutes away, as is 395, and numerous restaurants and shops. Bus stop in front, but a quick drive into DC as well. The building offers a state-of-the-art fitness center; full party room with lounge, TV and kitchen; outdoor pool and tennis courts; 24/7 front desk and security; secured storage bin; and it's pet-friendly, too, with great grounds for walking! (Dog park in nearby Shirlington.) And parking is great ... no passes needed and plenty of unassigned spaces for you and your guests!

Last Agent to Sell the Property

Leslie Rodriguez

Weichert, REALTORS Listed on: 01/12/2021

Weichert, REALTORS

Last Buyer's Agent

Bethany Stalder

KW Metro Center License #0225216870

KW Metro Center

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,081

Year Built

  • Built in 1980

Lot Details

  • Property is in excellent condition

HOA Fees

  • $778 Monthly HOA Fees

Property Views

  • Panoramic
  • Woods

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Masonry

Interior Spaces

  • 1,135 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Sliding Windows
  • Dining Area
  • Carpet

Kitchen

  • Gas Oven or Range
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot
  • Surface Parking
  • Unassigned Parking

Outdoor Features

  • Outdoor Storage

Schools

  • Charles Barrett Elementary School
  • George Washington Middle School
  • Alexandria City High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 005.02-0B-0818

Community Details

Overview

  • Association fees include air conditioning, common area maintenance, electricity, exterior building maintenance, laundry, management, pool(s), recreation facility, reserve funds, sewer, snow removal, trash, water, heat
  • Mid-Rise Condominium
  • Parceast Condominium Condos
  • Parkeast Community
  • Parc East Subdivision
  • Property Manager

Amenities

  • Party Room
  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Volleyball Courts

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • 24-Hour Security
  • Front Desk in Lobby

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,081

Year Built

Built in 1980

Lot Details

0

HOA Fees

$778 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Ranch/Rambler
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1980
  • Automatically Close On Close Date: No
  • Remarks Public: Lovely fully-updated condo in the heart of it all! Spacious 1135 SF 2 bedroom/2 bath with lots of storage, and beautiful kitchen and baths! Enjoy the tranquil views from the balcony. Shirlington is just minutes away, as is 395, and numerous restaurants and shops. Bus stop in front, but a quick drive into DC as well. The building offers a state-of-the-art fitness center; full party room with lounge, TV and kitchen; outdoor pool and tennis courts; 24/7 front desk and security; secured storage bin; and it's pet-friendly, too, with great grounds for walking! (Dog park in nearby Shirlington.) And parking is great ... no passes needed and plenty of unassigned spaces for you and your guests!
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Microwave, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Stove
  • Entry Floor: 8
  • Interior Amenities: Carpet, Dining Area, Floor Plan - Open, Primary Bath(s), Upgraded Countertops, Walk-In Closet(s)
  • Window Features: Sliding
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Common
  • Total Sq Ft: 1135
  • Living Area Sq Ft: 1135
  • Price Per Sq Ft: 254.63
  • Above Grade Finished Sq Ft: 1135
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1225

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry, Brick
  • Exterior Features: Secure Storage
  • View: Panoramic, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Unassigned, Surface
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: 24 Hour Security, Desk In Lobby, Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Internet Services: Cable

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 778.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Parceast Condominium
  • HOA Condo Co-Op Amenities: Elevator, Exercise Room, Extra Storage, Fitness Center, Laundry Facilities, Party Room, Pool - Outdoor, Storage Bin, Swimming Pool, Tennis Courts, Volleyball Courts
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Common Area Maintenance, Electricity, Ext Bldg Maint, Laundry, Management, Pool(s), Recreation Facility, Reserve Funds, Sewer, Snow Removal, Trash, Water, Heat
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Concrete, In Ground

Schools

  • School District: ALEXANDRIA CITY PUBLIC SCHOOLS
  • Elementary School: CHARLES BARRETT
  • Middle School: GEORGE WASHINGTON
  • 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: CHARLES BARRETT
  • High School: ALEXANDRIA CITY
  • Middle Or Junior School: GEORGE WASHINGTON

Lot Info

  • Land Use Code: 015
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good, Excellent
  • Year Assessed: 2020
  • Zoning: RB
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok, Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 3081.00
  • Assessor Parcel Number: 005.02-0B-0818
  • Tax Total Finished Sq Ft: 1135
  • Tax Year: 2020
  • Close Date: 03/16/2021

MLS Schools

  • School District Name: ALEXANDRIA CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2021
Closed on
Mar 16, 2021
Sold by
Pennow Michelle
Bought by
Badat Mary Carol
Seller's Agent
Leslie Rodriguez
Weichert, REALTORS
Buyer's Agent
Bethany Stalder
KW Metro Center
List Price
$289,000
Sold Price
$285,000
Premium/Discount to List
-$4,000
-1.38%
Current Estimated Value
$337,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,452
Avg. Annual Appreciation
3.85%
Original Mortgage
$228,000
Outstanding Balance
$205,312
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$132,140

Purchase Details

Closed on
Jun 5, 2017
Sold by
Rashidi Houman
Bought by
Pennow Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,750
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2015
Sold by
Rashidi Pejman and Rashidi Houman
Bought by
Rashidi Houman

Purchase Details

Closed on
Dec 12, 2007
Sold by
Straub Peter T
Bought by
Rashidi Pejman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,523
Interest Rate
6.3%
Mortgage Type
New Conventional
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
Badat Mary Carol $285,000 Mbh Settlement
Pennow Michelle $245,000 Title Resources Guaranty Co
Rashidi Houman -- --
Rashidi Pejman $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Badat Mary Carol $228,000
Previous Owner Pennow Michelle $228,000
Previous Owner Pennow Michelle $232,750
Previous Owner Rashidi Pejman $93,523
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2021 03/16/21 Sold $285,000 -1.4% $251 / Sq Ft
02/02/2021 02/02/21 Pending -- -- --
01/12/2021 01/12/21 For Sale $289,000 -- $255 / 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 $3,175 $300,912 $105,748 $195,164
2024 $3,175 $271,892 $101,681 $170,211
2023 $2,959 $266,560 $99,687 $166,873
2022 $3,179 $286,394 $101,721 $184,673
2021 $3,244 $292,239 $103,797 $188,442
2020 $3,061 $272,670 $96,556 $176,114
2019 $2,963 $262,183 $92,842 $169,341
2018 $2,836 $250,956 $92,842 $158,114
2017 $2,602 $230,235 $85,176 $145,059
2016 $2,636 $245,696 $94,640 $151,056
2015 $2,661 $255,140 $94,640 $160,500
2014 $2,661 $255,140 $94,640 $160,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAAX254910

Bright MLS

APN: 005.02-0B-0818