$988,000
SOLD SEP 12, 2025

Torpedo Factory 125 N Lee St Unit DH501 Floor 5 Alexandria, VA 22314

Old Town Neighborhood
2 Beds
2 Baths
1,386 Sq Ft
$685/mo HOA Fee

Recently Sold

$713 Per Sq Ft

35 Days on Market

Highlights

  • Water Views
  • Water Oriented
  • Stream or River on Lot
  • Penthouse
  • Open Floorplan
  • 4-minute walk to Waterfront Park

About This Home

As of September 2025

Penthouse living at Old Town's best address: The Torpedo Factory Condominium. Location, location, location! Perfect for buyers who love to travel: minutes to the airport and a true "lock and leave" home with garage parking and in pristine, move-in condition! Couldn't be more turnkey. Walkscore of 96 out of 100 makes this a Walker's Paradise. Rare to find so much square footage in a sprawling, horizontal, and quiet setting with treetop views from every window and even a peek at the river, all in the very heart of Old Town. 1,386 square feet of pure bliss. Come see for yourself. You'll love the soaring vaulted ceilings, custom lighting, wide open floorplan with sunny southern exposure, welcoming entry foyer, rich hardwood floors, and romantic wood-burning fireplace The sumptuous primary suite is spacious and boasts multiple closets. The second bedroom/den and adjacent full bathroom are located on the opposite side of this loft-style home, and an enormous skylight illuminates the room in natural light.

The Torpedo Factory Condominium is an architectural landmark with distinct copper roofs and chimney tops in the very heart of Old Town Alexandria. Surrounded by charm and American history, The Residences are bordered by the Torpedo Factory Art Center and Potomac River on the East, and the historic Carlyle House and Gardens on the West. Art shows and parades are at your doorstep year-round, without the noise and congestion usually associated with urban living. A water taxi is available at the waterfront to whisk you off to Nationals Park, the Wharf, Georgetown and National Harbor. A wonderful bike path runs along the river through Old Town, from Reagan National Airport all the way to Mount Vernon. The free trolley along King Street to the King Street Metro ensures easy access to shopping and attractions. The country’s oldest Farmer’s Market, where George Washington once sold his fruits and vegetables, is held every Saturday, just one block away. This home is located within minutes of Washington, DC, all major commuter routes, Washington-Reagan National Airport, and the Yellow & Blue Line Metro. You won’t find a better location anywhere! A secure parking spot in the attached garage offers safety and rare convenience in this sought-after spot in Old Town. And additional parking spots are available for rent. A storage space conveys.

Last Agent to Sell the Property

Kelly Virbickas

(202) 549-4447 kelly@kellyvrealestate.com Compass License #0225105771 Listed on: 07/10/2025

Compass

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,702

Year Built

  • Built in 1985

Lot Details

  • Property is in excellent condition

HOA Fees

  • $685 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Garage Door Opener
  • Parking Space Conveys
  • Assigned Parking

Property Views

  • Water
  • Scenic Vista
  • Woods
  • Courtyard

Home Design

  • Penthouse
  • Entry on the 5th floor
  • Brick Exterior Construction
  • Metal Roof

Interior Spaces

  • 1,386 Sq Ft Home
  • Property has 1.5 Levels
  • Open Floorplan
  • Furnished
  • Skylights
  • Recessed Lighting
  • 1 Fireplace
  • Screen For Fireplace
  • Double Hung Windows
  • Palladian Windows
  • Wood Frame Window
  • Window Screens
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Stacked Electric Washer and Dryer

Home Security

Outdoor Features

  • Water Oriented
  • River Nearby
  • Stream or River on Lot

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 50482030

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, fiber optics available, insurance, management, parking fee, pest control, reserve funds, sewer, snow removal, water, trash
  • Mid-Rise Condominium
  • Torpedo Factory Condominium Condos
  • Torpedo Factory Community
  • Old Town Alexandria Subdivision
  • Property Manager

Amenities

  • Common Area
  • Elevator
  • Community Storage Space

Pet Policy

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

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,702

Year Built

Built in 1985

Lot Details

0

HOA Fees

$685 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Loft With Bedrooms
  • Ownership: Condominium
  • Exclusions: Stained glass hanging in kitchen.
  • New Construction: No
  • Story List: Main
  • Year Built: 1985
  • Automatically Close On Close Date: No
  • Remarks Public: Penthouse living at Old Town's best address: The Torpedo Factory Condominium. Location, location, location! Perfect for buyers who love to travel: minutes to the airport and a true "lock and leave" home with garage parking and in pristine, move-in condition! Couldn't be more turnkey. Walkscore of 96 out of 100 makes this a Walker's Paradise. Rare to find so much square footage in a sprawling, horizontal, and quiet setting with treetop views from every window and even a peek at the river, all in the very heart of Old Town. 1,386 square feet of pure bliss. Come see for yourself. You'll love the soaring vaulted ceilings, custom lighting, wide open floorplan with sunny southern exposure, welcoming entry foyer, rich hardwood floors, and romantic wood-burning fireplace The sumptuous primary suite is spacious and boasts multiple closets. The second bedroom/den and adjacent full bathroom are located on the opposite side of this loft-style home, and an enormous skylight illuminates the room in natural light. The Torpedo Factory Condominium is an architectural landmark with distinct copper roofs and chimney tops in the very heart of Old Town Alexandria. Surrounded by charm and American history, The Residences are bordered by the Torpedo Factory Art Center and Potomac River on the East, and the historic Carlyle House and Gardens on the West. Art shows and parades are at your doorstep year-round, without the noise and congestion usually associated with urban living. A water taxi is available at the waterfront to whisk you off to Nationals Park, the Wharf, Georgetown and National Harbor. A wonderful bike path runs along the river through Old Town, from Reagan National Airport all the way to Mount Vernon. The free trolley along King Street to the King Street Metro ensures easy access to shopping and attractions. The country’s oldest Farmer’s Market, where George Washington once sold his fruits and vegetables, is held every Saturday, just one block away. This home is located within minutes of Washington, DC, all major commuter routes, Washington-Reagan National Airport, and the Yellow & Blue Line Metro. You won’t find a better location anywhere! A secure parking spot in the attached garage offers safety and rare convenience in this sought-after spot in Old Town. And additional parking spots are available for rent. A storage space conveys.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Dryer - Front Loading, Oven/Range - Electric, Refrigerator, Washer - Front Loading, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 5
  • Flooring Type: Hardwood
  • Interior Amenities: Bathroom - Tub Shower, Bathroom - Stall Shower, Entry Level Bedroom, Floor Plan - Open, Formal/Separate Dining Room, Primary Bath(s), Recessed Lighting, Skylight(s), Upgraded Countertops, Window Treatments, Wood Floors
  • Window Features: Double Hung, Palladian, Screens, Skylights, Wood Frame
  • Fireplace Features: Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1.5
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1386
  • Living Area Sq Ft: 1386
  • Price Per Sq Ft: 712.84
  • Above Grade Finished Sq Ft: 1386
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 125

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: Brick
  • Roof: Metal
  • View: Trees/Woods, Scenic Vista, Water, Courtyard
  • Water Access: No
  • Water Body Name: Potomac River
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Parking Space Conveys
  • Garage Features: Garage Door Opener, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector, Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 684.63
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Torpedo Factory Condominium
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Extra Storage, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Fiber Optics Available, Insurance, Management, Parking Fee, Pest Control, Reserve Funds, Sewer, Snow Removal, Water, Trash
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Horses: No
  • Land Use Code: 14
  • Property Condition: Excellent
  • Year Assessed: 2024
  • Zoning: RM
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok, Number Limit, Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 9702.00
  • Assessor Parcel Number: 50482030
  • Tax Total Finished Sq Ft: 1239
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 09/12/2025

MLS Schools

  • School District Name: ALEXANDRIA CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2025
Closed on
Sep 11, 2025
Sold by
Old Suzanne J
Bought by
Stephenson Michael K and Stephenson Peggy Ann
Seller's Agent
Kelly Virbickas
Compass
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$988,000
Sold Price
$988,000
Views
176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-21.10%
Source: Public Records

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 $988,000 Old Republic National Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2025 09/12/25 Sold $988,000 0.0% $713 / Sq Ft
08/14/2025 08/14/25 Pending -- -- --
07/10/2025 07/10/25 For Sale $988,000 -- $713 / 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 $10,291 $896,668 $315,861 $580,807
2024 $10,291 $854,843 $300,820 $554,023
2023 $8,952 $806,455 $283,792 $522,663
2022 $8,155 $734,714 $257,993 $476,721
2021 $7,771 $700,091 $223,370 $476,721
2020 $8,212 $721,358 $216,864 $504,494
2019 $7,372 $652,415 $197,149 $455,266
2018 $7,633 $675,466 $197,149 $478,317
2017 $7,305 $646,458 $187,761 $458,697
2016 $6,528 $608,370 $170,692 $437,678
2015 $6,345 $608,370 $170,692 $437,678
2014 $6,076 $582,525 $162,564 $419,961
Source: Public Records

Agents Affiliated with this Home

  • Kelly Virbickas

    Seller's Agent in 2025

    Kelly Virbickas

    Compass

    (202) 549-4447

    22 in this area

    97 Total Sales

    Kelly Virbickas
    Section Image
See All Agents

About Torpedo Factory

Map

Source: Bright MLS

MLS Number: VAAX2047164

Bright MLS

APN: 075.01-0B-DH.501

Virginia Alexandria County Alexandria 22314 Old Town

125 N Lee St Unit DH501, Alexandria, VA

This home is located at 125 N Lee St Unit DH501, Alexandria, VA 22314 and is currently priced at $988,000, approximately $712 per square foot. This property was built in 1985. 125 N Lee St Unit DH501 is a home located in Alexandria City with nearby schools including Jefferson-Houston Elementary School, Alexandria City High School, and Old Town Montessori School.

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